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UTC chief quits Trump advisory group as White House disbands it

WASHINGTON — United Technologies CEO Gregory Hayes said he was quitting President Donald Trump’s American Manufacturing Council. “As the events of last week have unfolded here in the U.S., it is clear that we need to collectively stand together and denounce the politics of hate, intolerance and racism,” Hayes said. Continue Reading →

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Lovefest at UTC provides respite from Aetna news

Two days after Aetna said it was looking elsewhere for a headquarters, Gov. Dannel P. Malloy hailed the ongoing expansion of United Technologies Corp.’s East Hartford campus Friday. Dozens of UTC employees and others greeted Malloy with a standing ovation as he took the stage to celebrate completion of the company’s new “Innovation Hub.” Continue Reading →

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Malloy, Foley on economy: some harmony amidst discord

Despite their seeming ability to disagree about almost everything, Gov. Danel P. Malloy and Tom Foley share plenty of common ground about Connecticut’s future economic development. But it’s their respective track records that lead them to butt heads most frequently.
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House OKs $400M tax break for UTC expansion

Connecticut moved one step closer Thursday toward providing up to $400 million in tax breaks to United Technologies Corp. to trigger a major UTC investment in its research, training and corporate facilities. Continue Reading →

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UTC Power reaches the edge

While you were still busy clearing snow from the February blizzard, a storied piece of Connecticut’s business and energy history underwent a massive transformation. UTC Power, the fuel cell division of United Technologies was purchased by ClearEdge Power, a West Coast relative newcomer to the world of fuel cells that UTC all but invented. Continue Reading →

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