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The company's first major product was an oil cooler for military aircraft. Garrett designed and produced oil coolers for the Douglas DB-7. [9] Boeing's B-17 bombers, credited with substantially tipping the air war in America's and Great Britain's favor over Europe and the Pacific, were outfitted with Garrett intercoolers, as was the B-25. [12]
A Midas franchisee was sued by the state of California in 2009 for using bait-and-switch method of defrauding consumers. [13] In 22 locations throughout the state, the locations were accused of luring customers into the store by advertising cheap auto-service, and then upselling them by up to $1,700.
By the 1890s, Valvoline oil was associated with winning race cars. [8] During the early 20th century, Valvoline was the recommended motor oil for the Ford Model T. [4] In 1949, Ashland Inc. purchased the Freedom-Valvoline Company. [9] By 2016, Ashland's Valvoline subsidiary accounted for about 37% of the parent company's annual revenue. [4]
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Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in California, including 531,000 in Los Angeles County, according to data from the California Department ...
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In October 2017, the company floated on the London Stock Exchange under its new name of TI Fluid Systems. [10] The company floated 25 percent of its shares. [11] In September 2023, it was announced TI Fluid Systems has acquired the Halásztelek-headquartered plastic injection moulding company, Cascade Engineering Europe Kft. for $27.7 million. [12]