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Precision Engine Controls Corporation – San Diego, California The industrial division of Hamilton Sundstrand was sold by United Technologies in July 2012 to The Carlyle Group and BC Partners. In 2013, The four industrial companies became subsidiaries of new parent company Accudyne Industries, Inc. [ 3 ]
UTC Aerospace Systems (UTAS) was one of the world’s largest suppliers of aerospace and defense products, headquartered in Charlotte, North Carolina, United States. The company was formed in August 2012 when parent United Technologies Corporation merged their existing subsidiary Hamilton Sundstrand with the newly-acquired Goodrich Corporation .
United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. [1] It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building automation, and industrial products, among others.
Shares of UTC are down 0.7% on the news, at $80.44. Shares of Carlyle Group are up 0.6% at $24.71. The article UTC Sells Subsidiary to Carlyle Group originally appeared on Fool.com.
San Diego Business Journal; San Diego City Beat; San Diego Jewish Journal; San Diego Magazine; San Diego Reader; San Diego Union-Tribune (acquired by Tribune Publishing) Times of San Diego; Retail. Le Travel Store (closed) Mor Furniture; Petco; PriceSmart; Sports. BikeBandit; BMC USA; Competitor Group, Inc. Ellsworth Handcrafted Bicycles ...
A wholly owned subsidiary of United Technologies Corporation, UTC Climate, Controls & Security was a $16.7 billion company with 55,000 employees serving customers in more than 180 countries. [5] In 2020, United Technologies spun off this subsidiary into the independent Carrier Global Corporation.
1999—United Technologies Corporation acquires Sundstrand Corporation and merges it with its Hamilton Standard division. The new company, Hamilton-Sundstrand, is headquartered in Windsor Locks, Connecticut. Sundstrand Fluid Handling changes its name and logo to Sundyne Corporation under the Hamilton-Sundstrand Industrial Division.
Hamilton Sundstrand continues to provide aerospace components and systems to most of the world's aircraft manufacturers, including Boeing, Airbus, Bombardier, and Embraer. In 2012 Hamilton Sundstrand merged with Goodrich Corporation to become UTC Aerospace Systems. [3]