United Technologies Corp.’s board of directors on Wednesday approved the spinoffs of Farmington-based Otis Elevator and the Florida-based Carrier Corp.
United Technologies Corp. hopes to complete its $120-billion merger with Massachusetts defense giant Raytheon by April, company officials said Tuesday.
Back in 1996, Rob Friedland was a 30-something CEO of a newly founded startup Proton OnSite, ready to build the hydrogen-generation manufacturer into a force.
United Technologies Corp. (UTC) on Tuesday said its 18 percent increase in second-quarter sales was squandered by restructuring and reorganization costs related to its transformation into an aerospace giant.