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Honeywell buys warehouse automation vendor Intelligrated for $1.5B

Edit The Street 01 Jul 2016
Honeywell International Inc. (HON) said Friday it would acquire private equity-backed warehouse automation and logistics provider Intelligrated Inc. in a deal valued at $1.5 billion. Mason, Ohio-based Intelligrated is a maker of supply chain and warehouse automation, software and services designed to improve productivity and reduce headcounts at warehouses ... retailers and half of the top 100 Internet retailers ... (UTX) ... ....

Pratt & Whitney Announces North American Site for PurePower® Geared Turbofan™ Engine Maintenance

Edit PR Newswire 30 Jun 2016
EAST HARTFORD, Conn., June 30, 2016 /PRNewswire/ -- Pratt & Whitney, a United Technologies Corp. company (NYSE. UTX), announced today that it is making a $65 million investment in its engine overhaul facility in Columbus, Georgia, to perform maintenance on PurePower® Geared ... ....

June 29, 2016 Carrier China’s 150th Two-stage AquaEdge™ 19XR Centrifugal Chiller to Serve Geely Volvo Production Base Read More (Carrier Corporation)

Edit Public Technologies 30 Jun 2016
(Source. Carrier Corporation). Carrier Air Conditioning Sales & Service (Shanghai) Co., Ltd. (Carrier China) celebrated the milestone order of the 150th unit of the two-stage AquaEdge™ 19XR centrifugal chiller. The order ,placed by Geely Volvo, will serve their new production bases. Carrier is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. (NYSE. UTX) ... The bases will be in production by end of 2016 ... (noodl....

June 28, 2016 SHANGHAI Carrier China’s 150th Two-stage AquaEdge™ 19XR Centrifugal Chiller to Serve Geely Volvo Production Base Read More (Carrier Corporation)

Edit Public Technologies 30 Jun 2016
(Source. Carrier Corporation). Carrier Air Conditioning Sales & Service (Shanghai) Co., Ltd. (Carrier China) celebrated the milestone order of the 150th unit of the two-stage AquaEdge™ 19XR centrifugal chiller. The order ,placed by Geely Volvo, will serve their new production bases. Carrier is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. (NYSE. UTX) ... The bases will be in production by end of 2016 ... (noodl....

EgyptAir black box data downloaded; evidence suggests fire on board

Edit The Himalayan 30 Jun 2016
CAIRO. Investigators have downloaded data from one of the black box flight recorders on EgyptAir Flight MS804 and are preparing to analyse it, bringing them closer discovering what caused the jet to crash, Egypt’s investigation committee said on Wednesday. The Airbus A320 plunged into the eastern Mediterranean Sea en route from Paris to Cairo on May 19, killing all 66 people on board ... company Pratt & Whitney (UTX.N) ...   ... ....

Pratt & Whitney Announces North American Site for PurePower® Geared Turbofan™ Engine Maintenance (Pratt & Whitney)

Edit Public Technologies 30 Jun 2016
(Source. Pratt & Whitney). Pratt & Whitney Announces North American Site for PurePower® Geared Turbofan™ Engine Maintenance. EAST HARTFORD, Conn., Thursday, June 30, 2016. Pratt & Whitney, a United Technologies Corp. company (NYSE. UTX), announced today that it is making a $65 million investment in its engine overhaul facility in Columbus, Georgia, to perform maintenance on PurePower® Geared Turbofan™ (GTF) engines ... @UTC ... (noodl. 34345290) ....

Pratt & Whitney Announces North American Site for PurePower® Geared Turbofan™ Engine Maintenance (Greater Columbus Georgia Chamber of Commerce)

Edit Public Technologies 30 Jun 2016
(Source. Greater Columbus Georgia Chamber of Commerce). EAST HARTFORD, Conn., June 30, 2016 /PRNewswire/ -- Pratt & Whitney, a United Technologies Corp. company (NYSE. UTX), announced today that it is making a $65 million investment in its engine overhaul facility in Columbus, Georgia, to perform maintenance on PurePower® Geared Turbofan™ (GTF) engines ... @UTC ... SOURCE Pratt & Whitney. Related Links ... (noodl. 34345744) ....

Dallas Company Sues Over Bait-and-Switch in $500M Airplane Parts Deal

Edit PR Newswire 29 Jun 2016
DALLAS, June 29, 2016 /PRNewswire/ -- Airline industry veteran Robert Hogan and the Dallas-based company he founded have filed suit against his former employer, aerospace manufacturer Pratt & Whitney, a subsidiary of Connecticut-based United Technologies Corp. (NYSE. UTX), and ... ....

Black boxes on the doomed EgyptAir flight stopped recording when it dropped off radar at 37,000 feet

Edit Business Insider 29 Jun 2016
Investigators have downloaded data from one of the black box flight recorders on EgyptAir Flight MS804 and are preparing to analyze it, bringing them closer discovering what caused the jet to crash, Egypt's investigation committee said on Wednesday. The Airbus A320 plunged into the eastern Mediterranean Sea en route from Paris to Cairo on May 19, killing all 66 people on board ... company Pratt & Whitney <UTX.N> ... No one was hurt....

June 24, 2016 WARSAW, Poland Fraikin Poland Selects Carrier Transicold Units for Polish Rental Fleet Investment Read More (Carrier Corporation)

Edit Public Technologies 29 Jun 2016
(Source. Carrier Corporation). Fraikin Poland, a leading fleet management and rental provider, has specified Carrier Transicold refrigeration units for more than 75 new temperature-controlled vehicles joining its rental fleet - part of a wider rental fleet investment made this year. Carrier Transicold, which operates in Poland as Carrier Transicold Poland Polska Sp. Z o. o ... (NYSE. UTX) ... Follow Carrier Transicold on Twitter. @SmartColdChain....

Honeywell's Cote to Step Down as CEO Next March

Edit The Street 28 Jun 2016
Honeywell International (HON) said after markets closed Tuesday that Dave Cote would step down as CEO next March, with COO Darius Adamczyk set to replace the long-serving leader ... "He has the growth mindset, global acumen and software expertise to be a highly successful CEO for Honeywell." ... He of late has shown more of an aggressive streak, earlier this year making an unsuccessful $91 billion offer to acquire United Technologies (UTX) ....

Analyst Sees GE Shares Climbing Another 30% This Year

Edit The Street 27 Jun 2016
General Electric's&nbsp; (GE) relatively small business exposure to the U.K ... Meanwhile, GE rivals United Technologies  (UTX) and Honeywell (HON) are at risk to see about 2.7% and 2.2% of their 2016 revenue evaporate respectively over the period due to Brexit ... ....

Seek Safety in U.S. Defense Shares From 'Brexit' Selloff

Edit The Street 27 Jun 2016
The United Kingdom's vote to leave the European Union sent traders on both sides of the Atlantic scrambling for the exits, adopting a "sell first, ask questions later" mindset that caused significant declines nearly across the board ... The U.S ... Cowen & Co. analyst Cai von Rumohr, in a note, said that the weakness in sterling and troubles in Europe are an issue for United Technologies&nbsp; ( UTX) , which gets 4% of sales from the U.K....
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