working of an mnc
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ShowcasE
AbouT
HistorY
ProductionSVictory & nameS
Business unitS
Fast factS
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UNITEDUNITED
TECHNOLOGIESTECHNOLOGIES
CORPORATIONCORPORATION
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United TechnologiesUnited Technologies
Corporation (UTC)Corporation (UTC) isisanan AmericanAmerican multinationalmultinationalconglomerateconglomerate basedbasedinin Hartford,Hartford, Connecticut. ItConnecticut. It
researches, develops, andresearches, develops, andmanufactures highmanufactures high--technologytechnologyproducts in numerous areas,products in numerous areas,includingincluding aircraftaircraft
engines,engines, helicopters, heating andhelicopters, heating andcooling,cooling, fuelfuelcells,cells, elevatorselevators andand escalators, fireescalators, fireandand security, building systems, andsecurity, building systems, and
industrial products.industrial products.
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HISTORY OFHISTORY OF
UTCUTC The core group of United TechnologiesThe core group of United Technologies
companies was founded in 1929companies was founded in 1929
asasUnited AircraftUnited Aircraft and Transportand TransportCorporationCorporation, by the merger of the, by the merger of theBoeing Airplane CompanyBoeing Airplane Company,, BoeingBoeingAir Transport,Air Transport, ChanceChanceVought,Vought, Hamilton Standard,Hamilton Standard, Pratt &Pratt &
Whitney, andWhitney, and Sikorsky AircraftSikorsky Aircraft. As. Asa result of thea result of the Air Mail ActAir Mail Act in 1934,in 1934,United Aircraft and Transport brokeUnited Aircraft and Transport brokeup into three independent companies:up into three independent companies:Boeing, United Aircraft,Boeing, United Aircraft, andand UnitedUnited
Airlines.Airlines.
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UTC : United TechnologiesUTC : United Technologies
CorporationCorporation
A diversified company whose productsA diversified company whose productsincludeinclude--
Carrier heating and air conditioningCarrier heating and air conditioning
Hamilton Sundstrand aerospaceHamilton Sundstrand aerospacesystems and industrial productssystems and industrial products
Otis elevators and escalatorsOtis elevators and escalators
Pratt & Whitney aircraft enginesPratt & Whitney aircraft engines Sikorsky helicoptersSikorsky helicopters
UTCFire & Security systems andUTCFire & Security systems and
UTCPower fuel cellsUTCPower fuel cells
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United Aircraft changed its name to UnitedUnited Aircraft changed its name to UnitedTechnologies on May 1, 1975, and the next yearTechnologies on May 1, 1975, and the next yearacquiredacquired Otis Elevator. In 1979,Otis Elevator. In 1979, CarrierCarrierRefrigerationRefrigeration andand MostekMostek were acquired; Mostek waswere acquired; Mostek was
sold in 1985 to the French electronicssold in 1985 to the French electronicscompanycompany Thomson. United TechnologiesThomson. United Technologiesacquiredacquired Sundstrand CorporationSundstrand Corporation in 1999, andin 1999, andmerged it into UTC's Hamilton Standard unit tomerged it into UTC's Hamilton Standard unit toformform Hamilton Sundstrand. Two years later, UTCHamilton Sundstrand. Two years later, UTC
entered the fire and security business byentered the fire and security business bypurchasingpurchasing Chubb Security, which was followed inChubb Security, which was followed in2005 by2005 by Kidde. Also in 2005, United TechnologiesKidde. Also in 2005, United Technologiesacquired Boeing'sacquired Boeing's Rocket dyneRocket dyne division, which wasdivision, which wasmerged into the Pratt & Whitney business unitmerged into the Pratt & Whitney business unit
&
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Carrier: A maker of heating, ventilation, air
conditioning, and refrigeration systems.
Hamilton Sundstrand: Designs and manufacturesaerospace systems for commercial, regional,
corporate and military aircraft; a major supplier for
international space programs. Provides industrial
products for the hydrocarbon, chemical, and food
processing industries.Otis: Manufacturer, installer, and services of
elevators, escalators, and moving walkways.
Pratt & Whitney: Designs and builds aircraft engines,
gas turbines, and rockets. Pratt & Whitney Canada
Rocketdyne
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SikorskyAircraftSikorskyAircraft: Maker ofhelicopters for: Maker ofhelicopters forcommercial, industrial, andmilitaryuses.commercial, industrial, andmilitaryuses.
PZLPZL--MielecMielec
Schweizer AircraftSchweizer Aircraft
UTC Fire& SecurityUTC Fire& Security: Makes firedetectionand: Makes firedetectionandsuppressionsystems, access controlsystems,suppressionsystems, access controlsystems,andsecurityalarm systems; provides securityandsecurityalarm systems; provides securitysystem integrationandmonitoringservices.system integrationandmonitoringservices.
UTC PowerUTC Power: Manufacturer ofdistributedpower: Manufacturer ofdistributedpowergenerationsystems andfuelcells forgenerationsystems andfuelcells forcommercial, transportation, andspaceandcommercial, transportation, andspaceanddefenseapplications.defenseapplications.
UnitedTechnologies Research CenterUnitedTechnologies Research Center(UTRC)(UTRC): A centralizedresearch facilitythat: A centralizedresearchfacilitythatsupports allUTC business units indevelopingsupports allUTC business units indeveloping
newtechnologies andprocesses.newtechnologies andprocesses.
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Carrier is the world's largest providerCarrier is the world's largest provider
of airof air--conditioning, heating, andconditioning, heating, and
refrigeration solutions. We make therefrigeration solutions. We make the
world a better place to live byworld a better place to live bycreating a more comfortable andcreating a more comfortable and
healthy environment and by ensuringhealthy environment and by ensuring
food is transported and preserved forfood is transported and preserved for
safe consumption. Carrier has asafe consumption. Carrier has alegacy of innovation developinglegacy of innovation developing
environmentally sound products toenvironmentally sound products to
meet customers' needs.meet customers' needs.
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Hamilton Sundstrand producesHamilton Sundstrand produces
technologically advancedtechnologically advanced
aerospace and industrial products.aerospace and industrial products.
The company designs andThe company designs andmanufactures integrated aerospacemanufactures integrated aerospace
systems for nearly everything thatsystems for nearly everything that
flies, and is a major supplier forflies, and is a major supplier for
international space programs. Itsinternational space programs. Itsindustrial products serve industriesindustrial products serve industries
ranging from hydrocarbon, chemicalranging from hydrocarbon, chemical
and food processing to constructionand food processing to construction
and miningand mining
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Otis is the world's leadingOtis is the world's leading
manufacturer, installer andmanufacturer, installer and
maintainer of elevators, escalatorsmaintainer of elevators, escalators
and moving walkways. Itsand moving walkways. Itsinnovations set the standards forinnovations set the standards for
safety, performance and service tosafety, performance and service to
our customers. From ourour customers. From our
revolutionary Gen2 elevators andrevolutionary Gen2 elevators andenergyenergy--saving ReGen drives to oursaving ReGen drives to our
personalized Compass destinationpersonalized Compass destination
entry system, Otis can rise to anyentry system, Otis can rise to any
challengechallenge
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Pratt & Whitney designs,Pratt & Whitney designs,
manufactures, services and supportsmanufactures, services and supports
aircraft engines, industrial gasaircraft engines, industrial gas
turbines and space propulsionturbines and space propulsionsystems. Whether it's through moresystems. Whether it's through more
environmentally friendly processes,environmentally friendly processes,
innovative services, or quieter, moreinnovative services, or quieter, more
fuel efficient engines, Pratt &fuel efficient engines, Pratt &Whitney is the pioneer behind mostWhitney is the pioneer behind most
major advances in both military andmajor advances in both military and
commercial aviation.commercial aviation.
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Sikorsky is a world leader inSikorsky is a world leader in
helicopter design, manufacture andhelicopter design, manufacture and
service. The company's helicoptersservice. The company's helicopters
and support solutions serve both theand support solutions serve both thecommercial and military markets.commercial and military markets.
Sikorsky's mission statement reflectsSikorsky's mission statement reflects
the company's commitment to safetythe company's commitment to safety
and innovation: "We pioneer flightand innovation: "We pioneer flightsolutions that bring people homesolutions that bring people home
everywhere ... every time."everywhere ... every time."
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UTC Fire & Security helps commercial,UTC Fire & Security helps commercial,
industrial and residential customersindustrial and residential customers
manage 21st century fire and securitymanage 21st century fire and security
challenges. Our knowledge of firechallenges. Our knowledge of firebehavior results in products andbehavior results in products and
services to detect, prevent or suppressservices to detect, prevent or suppress
fire. Our electronic securityfire. Our electronic security
technologies and services maketechnologies and services makesystems reliable and effective. Aroundsystems reliable and effective. Around
the world customers rely on us forthe world customers rely on us for
peace of mind.peace of mind.
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UTC Power is a fullUTC Power is a full--service providerservice provider
of environmentally advanced powerof environmentally advanced power
solutions. With 50 years ofsolutions. With 50 years of
experience, UTC Power is a worldexperience, UTC Power is a worldleader in producing fuel cells for onleader in producing fuel cells for on--
site power, transportation, spacesite power, transportation, space
and defense applications, and aand defense applications, and a
developer of renewable energydeveloper of renewable energysolutions and combined cooling,solutions and combined cooling,
heating and power systems for theheating and power systems for the
distributed energy market.distributed energy market.
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RankingRanking
16th largest U.S. manufacturer (2010 list,16th largest U.S. manufacturer (2010 list, Industry WeekIndustry Week))37th largest U.S. corporation (2010 list,37th largest U.S. corporation (2010 list, FortuneFortune))
61st largest publicly held manufacturer in the world (201061st largest publicly held manufacturer in the world (2010list,list, Industry WeekIndustry Week))130th largest company in the world (2010 list,130th largest company in the world (2010 list, FortuneFortune))Ranked amongRanked among ForbesForbes Platinum 400 list of Best Managed BigPlatinum 400 list of Best Managed BigCompanies in America for a decade (2008,Companies in America for a decade (2008, ForbesForbes))Named No. 1 "Most Admired" aerospace and defense companyNamed No. 1 "Most Admired" aerospace and defense company
(2010,(2010,FortuneFortune))Named to the Dow Jones Sustainability Indexes for 12 straightNamed to the Dow Jones Sustainability Indexes for 12 straightyears (1999years (1999--2010)2010)Current EmploymentCurrent Employment
206,700 employees (2009)206,700 employees (2009)RevenuesRevenues
$52.9 billion (2009)$52.9 billion (2009)
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Sales To U.S. GovernmentSales To U.S. Government $9.3billion (2009)$9.3billion (2009) InternationalRevenuesInternationalRevenues 60 percentoftotalrevenues (2009)60 percentoftotalrevenues (2009) InternationalPresenceInternationalPresence Morethan4,000locations inapproximately71 countries;Morethan4,000locations inapproximately71 countries;
UTC does business inapproximately180countries.UTCdoes business inapproximately180countries.
NetIncomeAttributableTo CommonShareownersNetIncomeAttributableTo CommonShareowners $3.8 billion (2009)$3.8 billion (2009) NetCashFlows Provided ByOperatingActivitiesNetCashFlows Provided ByOperatingActivities $5.4billion (2009)$5.4billion (2009) Research& DevelopmentResearch& Development Companyfunded: $1.6 billion (2009)Customerfunded: $2.1Companyfunded: $1.6 billion (2009)Customerfunded: $2.1
billionbillion (CapitalExpenditures(CapitalExpenditures $826million (2009)$826million (2009) EmployeeScholarProgramEmployeeScholarProgram Morethan29,000graduates since1996Morethan29,000graduates since1996
Morethan15,000employees now enrolledMorethan15,000employees now enrolled CharitableContributionsCharitableContributions $19millionin2009$19millionin2009
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