Working of an MNC

8/4/2019 Working of an MNC

1/21


2/21

ShowcasE

AbouT

HistorY

ProductionSVictory & nameS

Business unitS

Fast factS


3/21

UNITEDUNITED

TECHNOLOGIESTECHNOLOGIES

CORPORATIONCORPORATION


4/21

United TechnologiesUnited Technologies

Corporation (UTC)Corporation (UTC) isisanan AmericanAmerican multinationalmultinationalconglomerateconglomerate basedbasedinin Hartford,Hartford, Connecticut. ItConnecticut. It

researches, develops, andresearches, develops, andmanufactures highmanufactures high--technologytechnologyproducts in numerous areas,products in numerous areas,includingincluding aircraftaircraft

engines,engines, helicopters, heating andhelicopters, heating andcooling,cooling, fuelfuelcells,cells, elevatorselevators andand escalators, fireescalators, fireandand security, building systems, andsecurity, building systems, and

industrial products.industrial products.


5/21

HISTORY OFHISTORY OF

UTCUTC The core group of United TechnologiesThe core group of United Technologies

companies was founded in 1929companies was founded in 1929

asasUnited AircraftUnited Aircraft and Transportand TransportCorporationCorporation, by the merger of the, by the merger of theBoeing Airplane CompanyBoeing Airplane Company,, BoeingBoeingAir Transport,Air Transport, ChanceChanceVought,Vought, Hamilton Standard,Hamilton Standard, Pratt &Pratt &

Whitney, andWhitney, and Sikorsky AircraftSikorsky Aircraft. As. Asa result of thea result of the Air Mail ActAir Mail Act in 1934,in 1934,United Aircraft and Transport brokeUnited Aircraft and Transport brokeup into three independent companies:up into three independent companies:Boeing, United Aircraft,Boeing, United Aircraft, andand UnitedUnited

Airlines.Airlines.


6/21

UTC : United TechnologiesUTC : United Technologies

CorporationCorporation

A diversified company whose productsA diversified company whose productsincludeinclude--

Carrier heating and air conditioningCarrier heating and air conditioning

Hamilton Sundstrand aerospaceHamilton Sundstrand aerospacesystems and industrial productssystems and industrial products

Otis elevators and escalatorsOtis elevators and escalators

Pratt & Whitney aircraft enginesPratt & Whitney aircraft engines Sikorsky helicoptersSikorsky helicopters

UTCFire & Security systems andUTCFire & Security systems and

UTCPower fuel cellsUTCPower fuel cells


7/21

United Aircraft changed its name to UnitedUnited Aircraft changed its name to UnitedTechnologies on May 1, 1975, and the next yearTechnologies on May 1, 1975, and the next yearacquiredacquired Otis Elevator. In 1979,Otis Elevator. In 1979, CarrierCarrierRefrigerationRefrigeration andand MostekMostek were acquired; Mostek waswere acquired; Mostek was

sold in 1985 to the French electronicssold in 1985 to the French electronicscompanycompany Thomson. United TechnologiesThomson. United Technologiesacquiredacquired Sundstrand CorporationSundstrand Corporation in 1999, andin 1999, andmerged it into UTC's Hamilton Standard unit tomerged it into UTC's Hamilton Standard unit toformform Hamilton Sundstrand. Two years later, UTCHamilton Sundstrand. Two years later, UTC

entered the fire and security business byentered the fire and security business bypurchasingpurchasing Chubb Security, which was followed inChubb Security, which was followed in2005 by2005 by Kidde. Also in 2005, United TechnologiesKidde. Also in 2005, United Technologiesacquired Boeing'sacquired Boeing's Rocket dyneRocket dyne division, which wasdivision, which wasmerged into the Pratt & Whitney business unitmerged into the Pratt & Whitney business unit

&


8/21

Carrier: A maker of heating, ventilation, air

conditioning, and refrigeration systems.

Hamilton Sundstrand: Designs and manufacturesaerospace systems for commercial, regional,

corporate and military aircraft; a major supplier for

international space programs. Provides industrial

products for the hydrocarbon, chemical, and food

processing industries.Otis: Manufacturer, installer, and services of

elevators, escalators, and moving walkways.

Pratt & Whitney: Designs and builds aircraft engines,

gas turbines, and rockets. Pratt & Whitney Canada

Rocketdyne


9/21

SikorskyAircraftSikorskyAircraft: Maker ofhelicopters for: Maker ofhelicopters forcommercial, industrial, andmilitaryuses.commercial, industrial, andmilitaryuses.

PZLPZL--MielecMielec

Schweizer AircraftSchweizer Aircraft

UTC Fire& SecurityUTC Fire& Security: Makes firedetectionand: Makes firedetectionandsuppressionsystems, access controlsystems,suppressionsystems, access controlsystems,andsecurityalarm systems; provides securityandsecurityalarm systems; provides securitysystem integrationandmonitoringservices.system integrationandmonitoringservices.

UTC PowerUTC Power: Manufacturer ofdistributedpower: Manufacturer ofdistributedpowergenerationsystems andfuelcells forgenerationsystems andfuelcells forcommercial, transportation, andspaceandcommercial, transportation, andspaceanddefenseapplications.defenseapplications.

UnitedTechnologies Research CenterUnitedTechnologies Research Center(UTRC)(UTRC): A centralizedresearch facilitythat: A centralizedresearchfacilitythatsupports allUTC business units indevelopingsupports allUTC business units indeveloping

newtechnologies andprocesses.newtechnologies andprocesses.


10/21

Carrier is the world's largest providerCarrier is the world's largest provider

of airof air--conditioning, heating, andconditioning, heating, and

refrigeration solutions. We make therefrigeration solutions. We make the

world a better place to live byworld a better place to live bycreating a more comfortable andcreating a more comfortable and

healthy environment and by ensuringhealthy environment and by ensuring

food is transported and preserved forfood is transported and preserved for

safe consumption. Carrier has asafe consumption. Carrier has alegacy of innovation developinglegacy of innovation developing

environmentally sound products toenvironmentally sound products to

meet customers' needs.meet customers' needs.


11/21

Hamilton Sundstrand producesHamilton Sundstrand produces

technologically advancedtechnologically advanced

aerospace and industrial products.aerospace and industrial products.

The company designs andThe company designs andmanufactures integrated aerospacemanufactures integrated aerospace

systems for nearly everything thatsystems for nearly everything that

flies, and is a major supplier forflies, and is a major supplier for

international space programs. Itsinternational space programs. Itsindustrial products serve industriesindustrial products serve industries

ranging from hydrocarbon, chemicalranging from hydrocarbon, chemical

and food processing to constructionand food processing to construction

and miningand mining


12/21

Otis is the world's leadingOtis is the world's leading

manufacturer, installer andmanufacturer, installer and

maintainer of elevators, escalatorsmaintainer of elevators, escalators

and moving walkways. Itsand moving walkways. Itsinnovations set the standards forinnovations set the standards for

safety, performance and service tosafety, performance and service to

our customers. From ourour customers. From our

revolutionary Gen2 elevators andrevolutionary Gen2 elevators andenergyenergy--saving ReGen drives to oursaving ReGen drives to our

personalized Compass destinationpersonalized Compass destination

entry system, Otis can rise to anyentry system, Otis can rise to any

challengechallenge


13/21

Pratt & Whitney designs,Pratt & Whitney designs,

manufactures, services and supportsmanufactures, services and supports

aircraft engines, industrial gasaircraft engines, industrial gas

turbines and space propulsionturbines and space propulsionsystems. Whether it's through moresystems. Whether it's through more

environmentally friendly processes,environmentally friendly processes,

innovative services, or quieter, moreinnovative services, or quieter, more

fuel efficient engines, Pratt &fuel efficient engines, Pratt &Whitney is the pioneer behind mostWhitney is the pioneer behind most

major advances in both military andmajor advances in both military and

commercial aviation.commercial aviation.


14/21

Sikorsky is a world leader inSikorsky is a world leader in

helicopter design, manufacture andhelicopter design, manufacture and

service. The company's helicoptersservice. The company's helicopters

and support solutions serve both theand support solutions serve both thecommercial and military markets.commercial and military markets.

Sikorsky's mission statement reflectsSikorsky's mission statement reflects

the company's commitment to safetythe company's commitment to safety

and innovation: "We pioneer flightand innovation: "We pioneer flightsolutions that bring people homesolutions that bring people home

everywhere ... every time."everywhere ... every time."


15/21

UTC Fire & Security helps commercial,UTC Fire & Security helps commercial,

industrial and residential customersindustrial and residential customers

manage 21st century fire and securitymanage 21st century fire and security

challenges. Our knowledge of firechallenges. Our knowledge of firebehavior results in products andbehavior results in products and

services to detect, prevent or suppressservices to detect, prevent or suppress

fire. Our electronic securityfire. Our electronic security

technologies and services maketechnologies and services makesystems reliable and effective. Aroundsystems reliable and effective. Around

the world customers rely on us forthe world customers rely on us for

peace of mind.peace of mind.


16/21

UTC Power is a fullUTC Power is a full--service providerservice provider

of environmentally advanced powerof environmentally advanced power

solutions. With 50 years ofsolutions. With 50 years of

experience, UTC Power is a worldexperience, UTC Power is a worldleader in producing fuel cells for onleader in producing fuel cells for on--

site power, transportation, spacesite power, transportation, space

and defense applications, and aand defense applications, and a

developer of renewable energydeveloper of renewable energysolutions and combined cooling,solutions and combined cooling,

heating and power systems for theheating and power systems for the

distributed energy market.distributed energy market.


17/21

RankingRanking

16th largest U.S. manufacturer (2010 list,16th largest U.S. manufacturer (2010 list, Industry WeekIndustry Week))37th largest U.S. corporation (2010 list,37th largest U.S. corporation (2010 list, FortuneFortune))

61st largest publicly held manufacturer in the world (201061st largest publicly held manufacturer in the world (2010list,list, Industry WeekIndustry Week))130th largest company in the world (2010 list,130th largest company in the world (2010 list, FortuneFortune))Ranked amongRanked among ForbesForbes Platinum 400 list of Best Managed BigPlatinum 400 list of Best Managed BigCompanies in America for a decade (2008,Companies in America for a decade (2008, ForbesForbes))Named No. 1 "Most Admired" aerospace and defense companyNamed No. 1 "Most Admired" aerospace and defense company

(2010,(2010,FortuneFortune))Named to the Dow Jones Sustainability Indexes for 12 straightNamed to the Dow Jones Sustainability Indexes for 12 straightyears (1999years (1999--2010)2010)Current EmploymentCurrent Employment

206,700 employees (2009)206,700 employees (2009)RevenuesRevenues

$52.9 billion (2009)$52.9 billion (2009)


18/21

Sales To U.S. GovernmentSales To U.S. Government $9.3billion (2009)$9.3billion (2009) InternationalRevenuesInternationalRevenues 60 percentoftotalrevenues (2009)60 percentoftotalrevenues (2009) InternationalPresenceInternationalPresence Morethan4,000locations inapproximately71 countries;Morethan4,000locations inapproximately71 countries;

UTC does business inapproximately180countries.UTCdoes business inapproximately180countries.

NetIncomeAttributableTo CommonShareownersNetIncomeAttributableTo CommonShareowners $3.8 billion (2009)$3.8 billion (2009) NetCashFlows Provided ByOperatingActivitiesNetCashFlows Provided ByOperatingActivities $5.4billion (2009)$5.4billion (2009) Research& DevelopmentResearch& Development Companyfunded: $1.6 billion (2009)Customerfunded: $2.1Companyfunded: $1.6 billion (2009)Customerfunded: $2.1

billionbillion (CapitalExpenditures(CapitalExpenditures $826million (2009)$826million (2009) EmployeeScholarProgramEmployeeScholarProgram Morethan29,000graduates since1996Morethan29,000graduates since1996

Morethan15,000employees now enrolledMorethan15,000employees now enrolled CharitableContributionsCharitableContributions $19millionin2009$19millionin2009


19/21


20/21


21/21

Documents

Working of an MNC