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Connecticut House OKs $400M in tax credits for UTC
2014-04-18 06:03:32| Industrial Machines - Topix.net
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.
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Conn. House overwhelmingly passes UTC tax credits
2014-04-18 02:04:07| Industrial Machines - Topix.net
The Connecticut House of Representatives has overwhelmingly approved a $400 million tax credit exchange deal, reached by Gov. Dannel P. Malloy's administration with the state's largest private employer, United Technologies Corp. Legislation endorsing the tentative agreement reached between the state and UTC passed Thursday on a bipartisan 134-4 ... (more)
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OP-ED Legislature Key To Beneficial UTC Deal
2014-03-19 20:57:43| Paper - Topix.net
The General Assembly has a critical opportunity to help our region compete aggressively and successfully for jobs, capital and talent by passing a measure endorsing a vital agreement with United Technologies Corp. The agreement, announced on Feb. 26 by Gov. Dannel P. Malloy and United Technologies Corp. Chairman and CEO Louis Chenevert, depends on ... (more)
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UTC Chief's Pay Rose 26% In 2013, To $25 Million
2014-03-15 02:43:24| Industrial Machines - Topix.net
United Technologies Corp. Chief Executive Officer Louis R. Chnevert took home $24.68 million last year, an increase of 26 percent from 2012, according to federal filings.
UTC Reaffirms 2014 Outlook
2014-03-13 19:51:27| Paper - Topix.net
In a meeting with investors and analysts today, United Technologies Corp. reaffirmed its expectation for 2014 earnings per share of $6.55 to $6.85, on sales of approximately $64 billion.
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