Posts Tagged ‘ UTC ’

UTC to Invest Billions in Research and Facilities, Build New Pratt Headquarters

Feb 27th, 2014 | By
United Technologies has announced billions of dollars in UTC research and development, and facilities and capital expenditures around the state over the next five years.

The announcement $500 million in aerospace research, development and manufacturing and up to $4 billion in research and other capital expenditures in Connecticut, according to Malloy, who met with CEO Louis Chenevert to discuss the agreement.



UTC out $227M to unload its fuel cell unit

May 7th, 2013 | By

The new figures came to light in UTC’s first quarter financing filing to the U.S. Securities and Exchange Commission in April.



ClearEdge Raises $36 Million to Expand Fuel-Cell Manufacturing

Apr 1st, 2013 | By

ClearEdge Power Inc., a closely held maker of stationary fuel cells, raised $36 million in financing to expand manufacturing and sales operations. ClearEdge last month completed its acquisition of UTC Power, a fuel-cell producer, from United Technologies Corp. (UTX), the Hartford, Connecticut-based maker of Pratt & Whitney jet engines and Otis elevators. For more on

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UTC Power likely sold for a song

Jan 22nd, 2013 | By

Hartford conglomerate United Technologies Corp. likely will sell its fuel cell subsidiary UTC Power at a deep discount to emerging Oregon firm ClearEdge Power, industry analysts say. Click on this environmental headline for more from Brad Kane at the Hartford Business Journal.



ClearEdge Buys UTC Power’s Fuel Cell Business

Dec 26th, 2012 | By

ClearEdge Power of Hillsboro, Oregon, a manufacturer of proton exchange membrane fuel cells, is acquiring fuel cell industry veteran UTC Power. Click on this environmental headline for more from Greentech Media.



$4.4M in Federal Funds Going to UTC for Development of Natural Gas Vehicle

Jul 17th, 2012 | By

Sens. Joseph I. Lieberman, Richard Blumenthal and U.S. Rep. John B. Larson have announced that the United Technologies Company of East Hartford has been awarded a $4.4 million federal grant for natural gas technology research. UTC will use the federal funding to engineer a low-cost natural gas tank for passenger vehicles (and aircraft) replacing the bulkier tanks currently in use that have limited the viability of natural gas for everyday use.



Connecticut’s fuel cell industry braces for potential change

Jul 2nd, 2012 | By

Before the clean energy world knew about fuel cells, United Technologies knew about them. UTC pioneered the modern fuel cell for NASA beginning with the Apollo space program in the 1960s through the end of the shuttle program last year.



United Technologies to sell more businesses

Jun 21st, 2012 | By

Chief Financial Officer Greg Hayes, speaking at an investor analysts conference in Chicago, said United Technologies is now looking at “strategic alternatives” for UTC Power, the company’s fuel cell business, and a “couple other” subsidiaries.



UTC Power Fuel Cell Arrives at New Haven City Hall

Jan 22nd, 2012 | By

New Haven City Hall in Connecticut has taken delivery of a UTC Power PureCell 400, the fifth fuel cell to be installed in the city. For more on this story, visit: UTC Power Fuel Cell Arrives at New Haven City Hall, Connecticut. The fuel cell will provide the majority of electricity to City Hall and

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UTC celebrates another fuel cell milestone

Aug 19th, 2011 | By

South Windsor fuel cell manufacturer UTC Power on Wednesday celebrated its latest stationary fuel cell reaching 200,000 hours of field operation. Read more here: UTC celebrates another fuel cell milestone | Hartford Business.



UTC Contributes $100,000 to Expand INROADS Outreach Initiative

May 15th, 2011 | By

United Technologies Corp. is donating $100,000 to INROADS, the nation’s largest non-profit provider of paid internships for talented, diverse students of all backgrounds, to support new mentorship programs for high school and college students.



U.S. Energy Secretary Steven Chu Tours UTC Research Center, the recipient of $10 Million Department of Energy Grant

Feb 9th, 2011 | By

U.S. Energy Secretary Steven Chu toured the United Technologies Research Center on Friday to promote a Department of Energy project to develop energy-efficient heating and cooling systems for new and existing buildings. UTC’s Research Center in East Hartford will play a key role in the $129 million project, whose launch was announced Thursday by President

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UTC’s Vitello helping CT chart green’ course

Sep 16th, 2010 | By

Paul J. Vitello, assigned to eliminate hazardous materials from manufacturing operations at United Technologies Corp., has been tapped to help Connecticut promote widespread use of clean technology to spur job growth and safer workplaces. Gov. M. Jodi Rell announced Thursday the Tolland resident will serve a two-year term on the board of the Chemical Innovations

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