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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 ]
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On Thursday, United Technologies confirmed that it has completed the sale of its Milton Roy Co., Sullair Corp., and Sundyne Corp., industrial products businesses, to private equity firms The ...
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.
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.
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]
A fall from grace. Founded in 1978, The Container Store went public on Nov. 1, 2013, pricing its initial public offering at $525 per share. By the close of trading that day, shares closed at $543.