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.
Posts Tagged ‘ UTC ’
The new figures came to light in UTC’s first quarter financing filing to the U.S. Securities and Exchange Commission in April.
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
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 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.
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.
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.
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.
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
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.
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 GrantFeb 9th, 2011 | By Environmental Headlines -- CT environmental news
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
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