Honeywell and Caterpillar Celebrate 60 years of Turbocharged Collaboration at NYSE The Closing Bell
Honeywell and Caterpillar celebrated 60 years of partnership which commenced with the signature inscription “Let’s Get Started” from Honeywell Garrett on the original project request for an engine boosting device. Shortly thereafter, CAT launched its D9 tractor, the biggest and most powerful crawler of its day, and started the journey of six decades of turbo innovation from Honeywell serving the commercial and passenger vehicle industries. Honeywell CEO and Chairman Dave Cote and Caterpillar CEO Doug Oberhelman rang the closing bell at New York Stock Exchange (NYSE) on June 16, 2015, in celebration of their new “Let’s Keep Going” theme aligned from that original inscription and inspiring future collaboration and success between the two American companies.
In 1950, Garrett engineers developed with Caterpillar, a plan to equip Caterpillar engines with an exhaust turbocharger. A wooden mockup was built in December 1950, a decision was made in 1952 to begin work on a limited number of experimental turbos. The first Garrett test unit, a model T02, was shipped to Caterpillar in March 1953. Results of the first units were outstanding. The first unit operated satisfactorily for more than 1,800 hours during the 10 months of demanding duty on an earth mover.