United Technologies Corporation

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United Technologies Corporation

Type of co.	Public (NYSE: UTX)
Founded	1929
Headquarters	Hartford, Connecticut, USA
Key people	George David, CEO & Chairman
Industry	Conglomerates
Products	Conglomerates
Revenue	$42.725 billion USD (2005)
Employees	210,000
Slogan	You can see everything from here.
Website	www.utc.com

United Technologies Corporation (UTC) (NYSE: UTX) is a multinational corporation based in Hartford, Connecticut, USA, and is the 20th largest U.S. manufacturer.[1] UTC is a $37 billion company that researches, develops, and manufacturers products in numerous areas, including aircraft engines, helicopters, heating and cooling, fuel cells, elevators and escalators, fire and security, building systems, and industrial products, among others. George David is currently the CEO.

1 Business units
2 History
3 Former businesses
4 External link

[edit] Business units

Carrier
World leader in the manufacture and sale of heating, ventilating, refrigerating, air conditioning, and HVAC systems and products.
Hamilton Sundstrand
Designs and manufactures aerospace systems for commercial, regional, corporate and military aircraft. Major supplier for international space programs. Provides industrial products in industries ranging from hydrocarbon, chemical and food processing to construction and mining.
Otis
World's largest manufacturer, installer, and servicer of elevators, escalators, moving walkways and other horizontal transportation systems.
Pratt & Whitney
Designs, manufacturers, and supports aircraft engines, gas turbines, and space propulsion systems.
Pratt & Whitney Canada
Designs, manufacturers, and supports smaller aircraft engines.
Sikorsky Aircraft Corporation
World leader in the design and manufacture of advanced helicopters for commercial, industrial, and military uses.
UTC Fire & Security
Provides fire products and services including fire detection, suppression and fire fighting products, integration, installation, and service of fire detection and fixed suppression systems, as well as the manufacture and service of portable fire extinguishers. Provides security products and services including integration, installation, monitoring and service of intruder alarms, access control and video surveillance systems, alarm response and security personnel services, cash logistics, and physical security.
UTC Power and UTC Fuel Cells
Manufacturer of clean distributed power generation systems and fuel cells for commercial, space, and transportation applications.
UTRC (United Technologies Research Center)
Centralized research facility that supports all UTC business units in developing new technologies and processes. Its engineers and scientists lead the world in technologies ranging from fluid dynamics to advanced materials to electronics to computer science.

Corporate Operations are carried out of the Gold Building, in Hartford, CT.

Between 1986 and 1998, United Technologies was the sponsor for Disney's Epcot Center pavilion, The Living Seas.

[edit] History

A limited historical timeline of UTC is presented below:

1854 - Elisha Graves Otis demonstrates his elevator's safety mechanism at the New York World's Fair
1857 - The world's first passenger elevator is installed by Otis in a New York City retail store
1862 - Otis sells an elevator to Newfoundland, its first international sale
1900 - Otis introduces the escalator at the Paris Exposition
1906 - Modern air conditioning is invented by Willis Carrier
1910 - Otis introduces the gearless traction electric elevator
1915 - Carrier Engineering is founded
1919 - Standard Steel Propeller is founded (one of two predecessors of Hamilton Standard, along with Hamilton Aero Manufacturing)
1920 - Hamilton Aero Manufacturing is founded (one of two predecessors of Hamilton Standard, along with Standard Steel Propeller)
1922 - Carrier installs its first air conditioning unit at a Los Angeles theater
1923 - Sikorsky Aero Engineering is founded by Igor Sikorsky
1924 - Otis introduces the first automated elevator control system, with hall call buttons
1925 - Pratt & Whitney Aircraft is incorporated; its first products are the Wasp and Hornet aircraft engines
1928 - Carrier installs air conditioning in the chambers of the U.S. House of Representatives and the Senate
1929 - Boeing, Pratt & Whitney, Hamilton, Sikorsky, and others join to form United Aircraft and Transport Corporation
1929 - The Research Center is founded
1931 - Otis introduces the first double-deck elevators
1934 - United Aircraft and Transport is dissolved into United Aircraft, Boeing Airplane Company, and United Air Lines
1938 - Hamilton Standard introduces the Hydromatic propeller
1939 - Sikorsky tests the first commercial helicopter, the VS-300
1944 - Carrier opens a frozen foods research store
1942 - World War II production over a 3-year period: Sikorsky supplies 150 helicopters, Pratt & Whitney supplies 300,000 aircraft engines, and Hamilton Standard supplies 500,000 propellers
1948 - Pratt & Whitney produces its first jet engines
1949 - Hamilton Standard begins developing fuel controls for aircraft
1950 - Otis installs the first automatic elevators not requiring operators
1950 - Carrier begins selling window air conditioning units affordable for average consumers
1952 - Hamilton Standard plant opens in Windsor Locks, CT
1952 - Pratt & Whitney begins manufacturing piston engines in Canada
1952 - Carrier introduces the first mass-produced home central air conditioning unit
1957 - Sikorsky tests its first turbine-powered helicopter
1958 - The Boeing 707 with Pratt & Whitney JT3 engines introduces regular commercial passenger jet service
1958 - United Aircraft enters the field of solid rocketry and advanced propulsion systems
1963 - The Pratt & Whitney JT8D enters service on the Boeing 727; it becomes the most popular commercial jet engine in history with more than 14,000 to date
1964 - The Pratt & Whitney Canada PT6 turboprop enters service and eventually becomes the most popular turboprop in history
1966 - Hamilton Standard introduces the first electronically-controlled cabin pressure regulating system
1969 - Apollo 11 lands astronauts on the moon, with Hamilton Standard space suits and Pratt & Whitney fuel cells; a Sikorsky helicopter picks up the returning astronauts after splash-down
1970 - The Boeing 747 with Pratt & Whitney JT9D engines, enters service as the first commercial jumbo jet
1971 - The Research Center constructs the first high-speed wind tunnel for aerodynamic noise research in the world
1975 - United Aircraft changes its name to United Technologies Corporation (UTC)
1976 - UTC acquires Otis
1978 - Sikorsky begins producing the Black Hawk helicopter
1979 - UTC acquires Carrier
1979 - Otis introduces the first completely microprocessor-based elevator control system
1981 - Space Shuttle Columbia is launched with fuel cells by UTC Fuel Cells for electrical power, booster separation motors by UTC's Chemical Systems Division in San Jose, California, and Hamilton Standard space suits and environmental control systems
1989 - Otis introduces the first linear-motor-powered elevator
1993 - Hamilton Standard's space suit life support systems are used problem-free during the Hubble Space Telescope space walk repairs
1995 - The first Boeing 777 with Pratt & Whitney engines enters service
1999 - UTC acquires Sundstrand Corp and combines it with Hamilton Standard to form Hamilton Sundstrand
2001 - UTC forms UTC Power to focus on the distributed power generation market
2003 - UTC acquires Chubb plc, a world leader in security and fire protection services.
2005 - Rocketdyne is acquired from Boeing and added to Pratt & Whitney's space propulsion business.
2006 - For the historical timeline from 2006 to the present, navigate to this link

[edit] Former businesses

Like many conglomerates, UTC has dabbled in many areas. Some of these companies included:

Hamilton Test Systems, an Arizona-based developer of vehicle emission test equipment, which was sold to Georgetown Partners in December 1990, who renamed it Envirotest. It is now part of the ESP Remote Sensing company.
Inmont paint and resins, which was later sold to BASF
Mostek semiconductor - from 1980 to 1981
Norden Systems - now Northrop Grumman Norden Systems, a corporation that manufactures electronics systems for military use.
UT Automotive - Now, a division of Lear Corporation