Carrier Corp.

UTC board approves Carrier, Otis spinoffs as Raytheon merger looms

United Technologies Corp.’s board of directors on Wednesday approved the spinoffs of Farmington-based Otis Elevator and the Florida-based Carrier Corp.

UTC seeks to complete Raytheon merger by April, spinoffs by 2Q

United Technologies Corp. hopes to complete its $120-billion merger with Massachusetts defense giant Raytheon by April, company officials said Tuesday.

🔒Former Proton OnSite CEO Friedland looks to lead Columbia Manufacturing to new heights

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.

Ahead of spin offs, UTC names new boards for Carrier, Otis

United Technologies Corp. on Friday announced new boards of directors for its two subsidiary companies,  Carrier Corp....
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Stanadyne appoints former Pratt exec Loukellis as VP, CFO

Windsor automotive-parts maker Stanadyne LLC has appointed a longtime Pratt & Whitney executive as its new vice president and chief financial officer.

Otis names Ghai CFO ahead of UTC separation

Farmington’s Otis Elevator Co. on Monday named a new finance chief as it prepares to separate from United Technologies Corp. (UTC) in 2020.

UTC’s 2Q profits fall amid restructuring costs but beat Wall St.’s expectations

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.

UTC CEO on Raytheon merger: ‘Puzzle is now complete’

Assuming its proposed tie-up with Raytheon Co. wins necessary approvals, United Technologies Corp. is ready to settle...
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UTC investor Ackman slams Raytheon merger

Connecticut is not the only one worried about United Technologies Corp.’s proposed megamerger with Massachusetts-based Raytheon Co.Activist...

UTC’s exit: Relief & recriminations, but little introspection

The relief was palpable in some quarters when United Technologies Corporation offered no ugly words about Connecticut...
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