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- John Kerry condemns attack on Israeli soldiers, kidnapping
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- Israeli spokesman: No need to debate who broke the cease-fire
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By Isaac Orr
New carbon-dioxide rules would put America in the dark
Topic - United Technologies Corp.
United Technologies Corporation (UTC) is an American multinational conglomerate based in Hartford, Connecticut. It researches, develops, and manufactures high-technology products in numerous areas, including aircraft engines, helicopters, heating and cooling, fuel cells, elevators and escalators, fire and security, building systems, and industrial products, among others. UTC is also a large military contractor, producing missile systems and military helicopters, most notably the UH-60 Black Hawk helicopter. In 2005, it received over $5 billion in military contracts. Louis R. Chênevert is the current CEO. The "Gold Building" at One Financial Plaza, in Downtown Hartford, is the headquarters of United Technologies. - Source: Wikipedia
State lawmakers gave final legislative approval Thursday to a $400 million tax credit deal with United Technologies Corp., but not without some concerns that Connecticut has to "play defense" to keep its largest private sector employer from moving elsewhere.
Connecticut's House of Representatives on Thursday overwhelmingly approved a deal to grant up to $400 million in tax credits to United Technologies Corp. if UTC makes up to $500 million in upgrades and expansion and hires more workers.
When Connecticut struck a deal for up to $400 million in tax credits for its largest private employer, United Technologies Corp., both the state and the firm said it ensured the headquarters for the company's helicopter and aerospace divisions would remain here "for years to come."
Aerospace giant United Technologies Corp. is seeking state tax assistance for a $500 million expansion of its research and manufacturing facilities in Connecticut.
A federal court has found United Technologies Corp. liable for more than $473 million in damages and penalties arising out of a contract to provide the Air Force with engines for F-15 and F-16 fighter aircraft from 1985 to 1990, the Justice Department said Thursday.
Stock markets around the world suffered through one of the worst days of trading in months Tuesday, as a number of U.S. companies reported weak earnings because of a slowdown in the global economy and as concerns mounted over Spain's role in the European financial crisis.