Search results
Results from the WOW.Com Content Network
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 .
This page was last edited on 16 December 2024, at 00:06 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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.
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]
Sundstrand Corporation was founded in 1926 as a merger of two companies started by Swedish immigrants: the Rockford Tool Company and the Rockford Milling Machine Company in Rockford, Illinois. It was known as Sundstrand Machine Tool Company until 1959 when shareholders voted to change the name to Sundstrand Corporation.
The company traces its history to the 1927 founding of the Prudden-San Diego Airplane Company, which became the Solar Aircraft Company in 1929. Through the Great Depression , they mainly produced components for other manufacturers, growing during World War II and diversifying into non-aircraft products after the war.
A recently announced class action lawsuit filed against T-Mobile alleges the company has disguised a hidden fee as a government charge for two decades.. The wireless network allegedly ...