Garrett Motion to Expand China Production Facility
Garrett Motion has announced plans to expand and modernize its existing production facility in Wuhan, China. Garrett’s Wuhan plant opened in 2013 and currently serves major local and global automakers. The expansion is expected to increase its state-of-the-art facility by 50% and is scheduled to be completed in the first quarter of 2022. “Garrett has
Garrett Motion files for Bankruptcy
In less than two years since listing as a public company, Switzerland-based auto parts manufacturer, Garret Motion, has voluntarily filed for Chapter 11 bankruptcy. Following its spinoff from parent Honeywell International Inc. and the harsh impact of the Coronavirus, Garrett Motion’s bankruptcy filing will protect capital and long-term business sustainability. The company has proposed a $2.1