Enhanced Customer Service is Key to Extending Global Growth of Honeywell’s Turbocharger and Brake Component Aftermarket Businesses
ROLLE, SWITZERLAND, March 12, 2012 – Honeywell (NYSE: HON) Transportation Systems, a leading global developer of automotive turbochargers and friction materials, has created a new dedicated cross-functional organization to lead the ongoing global growth of its aftermarket businesses. The new organization will be led by Vice President and General Manager Olivier Rabiller.
Rabiller joined Honeywell in 2002 after several years with Renault. He has served Honeywell Transportation Systems in several executive positions including his most recent as the vice president of Sourcing, and previously as vice president of Sales for Passenger Vehicles and director of marketing for Turbo Technologies Europe. He will report to Honeywell Transportation Systems President and CEO Alex Ismail.
Honeywell expects the aftermarket business to continue to grow, already representing more than one-fourth of the sales in Transportation Systems. Honeywell Transportation Systems reported in January increased 2011 sales across its business of more than $3.8 billion vs. nearly $3.2 billion in 2010.
“As we see increased global growth for our aftermarket business, it is essential that we create an organization focused on customer service with the right resources and organizational structure needed to succeed in this competitive industry,” said Rabiller. “Honeywell’s new aftermarket organization will allow us to serve our turbocharger and brake component distributors with a dedicated, end-to-end cross functional and cross-business structure.”
Honeywell Transportation Systems is a leading automotive supplier and 2011 PACE award winner for automotive innovation, technological advancement and business performance. Honeywell Transportation Systems enhances vehicle performance, efficiency and appearance through state-of-the-art technologies, world-class brands, and global solutions tailored for its automotive customers around the world.
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Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.
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