United Technologies: Difference between revisions

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In April 2010, UTC announced that it was investing €15 million ($20 million) to set up the United Technologies Research Centre Ireland at [[University College Cork]]’s Tyndall National Institute which will carry out research on energy and security systems.<ref>{{cite web | url=https://www.irishexaminer.com/ireland/education/us-firm-to-create-almost-100-jobs-with-clean-energy-research-centre-118262.html | title=US firm to create almost 100 jobs with 'clean energy research' centre | work=[[Irish Examiner]] | date=April 27, 2010 | access-date=July 2, 2019 | author=Fiachra O Cionnaith}}</ref>
In April 2010, UTC announced that it was investing €15 million ($20 million) to set up the United Technologies Research Centre Ireland at [[University College Cork]]’s Tyndall National Institute which will carry out research on energy and security systems.<ref>{{cite web | url=https://www.irishexaminer.com/ireland/education/us-firm-to-create-almost-100-jobs-with-clean-energy-research-centre-118262.html | title=US firm to create almost 100 jobs with 'clean energy research' centre | work=[[Irish Examiner]] | date=April 27, 2010 | access-date=July 2, 2019 | author=Fiachra O Cionnaith}}</ref>


In June 2012, it was discovered that UTC sold military technology to the Chinese.<ref>{{cite news |url=https://www.reuters.com/article/us-usa-china-helicopters-idUSBRE85R1AG20120628 |title=United Technologies sent military copter tech to China |date=June 28, 2012 | work=Reuters}}</ref>  For pleading guilty to violating the [[Arms Export Control Act]] and making false statements, United Technologies and its subsidiaries were fined $75 million.<ref>{{cite news |title=United Technologies sold China software for attack copter|first=Michael|last=Winter|work=[[USA Today]]|date=June 28, 2012|url=http://content.usatoday.com/communities/ondeadline/post/2012/06/big-us-contractor-sold-china-software-for-attack-copter-/1#.T-0WFGt5mSM}}</ref>
In June 2012, it was discovered that UTC sold military technology to the Chinese.<ref>{{cite news |url=https://www.reuters.com/article/us-usa-china-helicopters-idUSBRE85R1AG20120628 |title=United Technologies sent military copter tech to China |date=June 28, 2012 | work=Reuters}}</ref>  For pleading guilty to violating the [[Arms Export Control Act]] and making false statements, United Technologies and its subsidiaries were fined $75 million.<ref>{{cite news |title=United Technologies sold China software for attack copter|first=Michael|last=Winter|work=USA Today|date=June 28, 2012|url=http://content.usatoday.com/communities/ondeadline/post/2012/06/big-us-contractor-sold-china-software-for-attack-copter-/1#.T-0WFGt5mSM}}</ref>
   
   
In February 2013, [[UTC Power]] was sold to [[ClearEdge Power]].<ref>{{cite news|last=Nirappil|first=Fenit|title=ClearEdge Power finalizes acquisition of UTC Power|url=http://www.oregonlive.com/hillsboro/index.ssf/2013/02/clearedge_power_finalizes_acqu.html#incart_more_business|access-date=24 February 2013|newspaper=[[The Oregonian]]|date=February 12, 2013}}</ref>
In February 2013, [[UTC Power]] was sold to [[ClearEdge Power]].<ref>{{cite news|last=Nirappil|first=Fenit|title=ClearEdge Power finalizes acquisition of UTC Power|url=http://www.oregonlive.com/hillsboro/index.ssf/2013/02/clearedge_power_finalizes_acqu.html#incart_more_business|access-date=24 February 2013|newspaper=[[The Oregonian]]|date=February 12, 2013}}</ref>
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*2005,  Boeing's [[Rocketdyne]] division, which was merged into the [[Pratt & Whitney]] business unit and renamed [[Pratt & Whitney Rocketdyne]] (later sold to [[Aerojet]]) and merged into [[Aerojet Rocketdyne]].
*2005,  Boeing's [[Rocketdyne]] division, which was merged into the [[Pratt & Whitney]] business unit and renamed [[Pratt & Whitney Rocketdyne]] (later sold to [[Aerojet]]) and merged into [[Aerojet Rocketdyne]].
*2008,NORESCO, an energy service company, acquired by  UTC's [[Carrier Corporation]]  d <ref>{{cite web|url=http://www.transicold.carrier.com/Carrier+Corporate+Sites/Corporate/Side+Bar+Links/Global+News/ci.Carrier+Acquires+Noresco+to+Expand+Energy+Solutions+Capabilities.printerfriendly |title=Carrier Acquires Noresco to Expand Energy Solutions Capabilities |publisher=Carrier Corporation |date=November 21, 2008|access-date=April 25, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20131230232526/http://www.transicold.carrier.com/Carrier+Corporate+Sites/Corporate/Side+Bar+Links/Global+News/ci.Carrier+Acquires+Noresco+to+Expand+Energy+Solutions+Capabilities.printerfriendly |archive-date=December 30, 2013 }}</ref>
*2008,NORESCO, an energy service company, acquired by  UTC's [[Carrier Corporation]]  d <ref>{{cite web|url=http://www.transicold.carrier.com/Carrier+Corporate+Sites/Corporate/Side+Bar+Links/Global+News/ci.Carrier+Acquires+Noresco+to+Expand+Energy+Solutions+Capabilities.printerfriendly |title=Carrier Acquires Noresco to Expand Energy Solutions Capabilities |publisher=Carrier Corporation |date=November 21, 2008|access-date=April 25, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20131230232526/http://www.transicold.carrier.com/Carrier+Corporate+Sites/Corporate/Side+Bar+Links/Global+News/ci.Carrier+Acquires+Noresco+to+Expand+Energy+Solutions+Capabilities.printerfriendly |archive-date=December 30, 2013 }}</ref>
*2009, a 49.5% stake in [[Clipper Windpower]] for $206 million.<ref>[https://money.cnn.com/news/newsfeeds/articles/djf500/200912100236DOWJONESDJONLINE000351_FORTUNE5.htm Clipper Windpower Gets GBP126.5 Million Investment From United Tech]{{dead link|date=July 2016 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>{{cite news|url=https://www.reuters.com/article/idUSTRE5B91ES20091210|title=Clipper says UTC to buy 49.5 percent stake|work=Reuters|date=December 10, 2009 |access-date=July 3, 2015}}</ref><ref>{{cite web|url=https://www.theguardian.com/business/2009/dec/10/clipper-windpower-united-technology-britannia-turbine|title=United Technologies Corporation flies to the rescue of Clipper Windpower|author=Terry Macalister|work=[[The Guardian]]|date=December 10, 2009 |access-date=July 3, 2015}}</ref><ref>[http://www.ibtimes.co.uk/articles/20091210/utc-aims-to-take-49of-clipper-windpower.htm UTC aims to take 49.5% of Clipper Windpower] {{webarchive |url=https://web.archive.org/web/20120305021756/http://www.ibtimes.co.uk/articles/20091210/utc-aims-to-take-49of-clipper-windpower.htm |date=March 5, 2012 }}</ref> In  2010, UTC agreed with Clipper to acquire the rest of the company.<ref name="utclip">[http://www.nawindpower.com/e107_plugins/content/content.php?content.6721 UTC to acquire remaining interest in Clipper Windpower] ''North American Windpower'', October 18, 2010. Retrieved: October 23, 2010.</ref>
*2009, a 49.5% stake in [[Clipper Windpower]] for $206 million.<ref>[https://money.cnn.com/news/newsfeeds/articles/djf500/200912100236DOWJONESDJONLINE000351_FORTUNE5.htm Clipper Windpower Gets GBP126.5 Million Investment From United Tech]{{dead link|date=July 2016 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>{{cite news|url=https://www.reuters.com/article/idUSTRE5B91ES20091210|title=Clipper says UTC to buy 49.5 percent stake|work=Reuters|date=December 10, 2009 |access-date=July 3, 2015}}</ref><ref>{{cite web|url=https://www.theguardian.com/business/2009/dec/10/clipper-windpower-united-technology-britannia-turbine|title=United Technologies Corporation flies to the rescue of Clipper Windpower|author=Terry Macalister|work=The Guardian|date=December 10, 2009 |access-date=July 3, 2015}}</ref><ref>[http://www.ibtimes.co.uk/articles/20091210/utc-aims-to-take-49of-clipper-windpower.htm UTC aims to take 49.5% of Clipper Windpower] {{webarchive |url=https://web.archive.org/web/20120305021756/http://www.ibtimes.co.uk/articles/20091210/utc-aims-to-take-49of-clipper-windpower.htm |date=March 5, 2012 }}</ref> In  2010, UTC agreed with Clipper to acquire the rest of the company.<ref name="utclip">[http://www.nawindpower.com/e107_plugins/content/content.php?content.6721 UTC to acquire remaining interest in Clipper Windpower] ''North American Windpower'', October 18, 2010. Retrieved: October 23, 2010.</ref>
*2010  [[General Electric]]'s security equipment business for US$1.8 billion,  to support [[UTC Climate, Controls & Security|UTC's Fire & Security unit]].<ref name=":0">{{Cite news|url=https://www.newspapers.com/clip/42557534/utc_boss_looks_to_make_his_mark_part_1/|title=UTC Boss Looks To Make His Mark|last=Gershon|first=Eric|date=January 1, 2010|work=Hartford Courant|publisher=The Hartford Courant Company|issue=1|location=Hartford, Connecticut|volume=CLXXIV|pages=A1, A8|via=Newspapers.com}}  The main citation is for Page A1; Page A8 appears [https://www.newspapers.com/clip/42557593/utc_boss_looks_to_make_his_mark_part_2/ in this clipping].</ref>
*2010  [[General Electric]]'s security equipment business for US$1.8 billion,  to support [[UTC Climate, Controls & Security|UTC's Fire & Security unit]].<ref name=":0">{{Cite news|url=https://www.newspapers.com/clip/42557534/utc_boss_looks_to_make_his_mark_part_1/|title=UTC Boss Looks To Make His Mark|last=Gershon|first=Eric|date=January 1, 2010|work=Hartford Courant|publisher=The Hartford Courant Company|issue=1|location=Hartford, Connecticut|volume=CLXXIV|pages=A1, A8|via=Newspapers.com}}  The main citation is for Page A1; Page A8 appears [https://www.newspapers.com/clip/42557593/utc_boss_looks_to_make_his_mark_part_2/ in this clipping].</ref>
*2011, UTC acquired a $18.4 billion deal (including $1.9 billion in net debt assumed) for aircraft components maker [[Goodrich Corporation]].<ref>{{cite web |url=http://news.in.msn.com/business/article.aspx?cp-documentid=5459241 |title=United Technologies to acquire Goodrich in USD 18.4 bn deal |date=September 23, 2011 |access-date=September 25, 2011 |archive-url=https://web.archive.org/web/20120605171318/http://news.in.msn.com/business/article.aspx?cp-documentid=5459241 |archive-date=June 5, 2012 |url-status=dead }}</ref>
*2011, UTC acquired a $18.4 billion deal (including $1.9 billion in net debt assumed) for aircraft components maker [[Goodrich Corporation]].<ref>{{cite web |url=http://news.in.msn.com/business/article.aspx?cp-documentid=5459241 |title=United Technologies to acquire Goodrich in USD 18.4 bn deal |date=September 23, 2011 |access-date=September 25, 2011 |archive-url=https://web.archive.org/web/20120605171318/http://news.in.msn.com/business/article.aspx?cp-documentid=5459241 |archive-date=June 5, 2012 |url-status=dead }}</ref>