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UTC Separates Climate, Controls & Security Unit as Standalone Business

The realignment comes less than two years after UTC combined Otis Elevator with Carrier and its former Fire & Security division.


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The realignment comes less than two years after UTC combined Otis Elevator with Carrier and its former Fire & Security division. SSI Staff · September 11, 2015

For the 17th year, Lenel is providing security systems to protect the Little League complex and players from nine countries. SSI Staff · August 25, 2015

The Wall Street Journal reported that Nortek, which owns a slate of audio, video, security and home automation brands, may be in talks to be acquired by United Technologies Corp., the conglomerate that owns Interlogix. Julie Jacobson · August 21, 2015

UTC cut its full-year profit outlook as it warned of pressures in its aerospace systems and Otis elevators businesses. SSI Staff · July 21, 2015

UTC's increased dividend will be payable from first-quarter 2015 on March 10 to shareholders of record as of Feb 13. SSI Staff · February 04, 2015

UTC Climate, Controls & Security business segment equipment orders increased 11% organically although operating profit remained flat. However, the company trimmed its forecast for 2015 citing the impact of the strong dollar and pension costs. SSI Staff · January 27, 2015

UTC Fire and Security plans to shut down its Pittsfield, Maine-based facility by March 2015 and will relocate about 100 jobs to its North Carolina branch. Ashley Willis · March 19, 2014

United Technologies Corp. UTC reported that its Climate, Controls & Security (CSS) unit experienced a double-digit increase in the third quarter, as profits rose 10% to nearly $700 million, during the firm’s financial earnings report Tuesday. October 23, 2013

UTC Climate, Controls & Security has sold its U.S. fire and security operations to private equity fund Comvest Investment Partners, the company announced this week. April 11, 2012

UTC Climate, Controls & Security has sold its U.S. fire and security operations to private equity fund Comvest Investment Partners, the company announced Tuesday. April 10, 2012




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