Honeywell completed the spin-off of Garrett Motion.

Honeywell, an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina, completed the spin-off of Garrett Motion, a cutting-edge technology leader delivering differentiated solutions for emission reduction and energy efficiency. "Today's announcements show the continued progress Honeywell is making to transform our portfolio to be more focused and growth-oriented for our shareowners," Darius Adamczyk, Honeywell Chairman and CEO.