United Technologies Corp: Dow Jones 2013

Powerful Essays
United Technologies Corporation, or UTC, produces unique advanced technology products and provides service to the global aerospace and building systems industries. This Dow Jones company produces a broad range of technologically advanced products like aircraft engines, helicopters, HVAC (heating, ventilation, and air conditioning systems), fuel cells, elevators and escalators, fire and security advancements, building systems, and industrial products. UTC is also a large military contractor; producing missile systems and military helicopters. Beginning as a risky elevator business in New York City, United Technologies Company has expanded to a multinational manufacturing business that is considered a leader in cutting edge technology in a diverse range of categories. United Technologies has changed immensely since 1853 when Elisha Otis sold his first safety elevator marking the start of his sole proprietorship known then as the Otis Elevator Company. Throughout the past 160 years, this company expanded more each year. By 1934, the company became a corporation know as United Aircraft Company. Four years later in 1939, United Aircraft was added to the Dow Jones Industrial Average. In 1975, the small elevator business that became a corporation changed the business name to United Technologies Company to connote the span of its products, markets, and activities. Today, UTC is a conglomerate business, owning many major companies. These major companies include Otis Elevator Company, Pratt and Whitney, Sikorsky, UTC Aerospace Systems, and UTC Climate, Controls & Security. UTC is also notable for being a United States military contractor and contributing products such as the UH-40 Black Hawk helicopter. When considering buying stock in any conglomerate, the potential shareholder must fully understand the corporation and what they are investing in. Looking into United Technologies, it is essential to understand that this company is a horizontally merged

You May Also Find These Documents Helpful

  • Powerful Essays

    Union Pacific Corporation (NYSE:UNP) is one of America's leading transportation companies. Its principal operating company, Union Pacific Railroad, is the largest railroad in North America, covering 23 states across two-thirds of the United States.…

    • 1080 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Dow Chemical Company HW

    • 1129 Words
    • 5 Pages

    Dow Chemical Company is a manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services. Its product lines include chemicals, advanced materials, agro-sciences and plastics businesses. Attached are the excerpts from Dow Chemical’s Annual report for 2012. Based on the information in the financial statements and footnotes, please, answer the questions below. Assume a tax rate of 35%.…

    • 1129 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Dow Chemicals

    • 1798 Words
    • 8 Pages

    How much business risk does AHP face? How much financial risk would AHP face at each of the proposed levels of debt shown in case Exhibit 3? Answer these questions by computing and evaluating the asset beta and the equity beta.…

    • 1798 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    Se571 Aircraft Solutions

    • 1896 Words
    • 8 Pages

    Aircraft Solutions (AS) is a recognized leader in the design and fabrication of component products and services for companies in the electronics, commercial, defense, and aerospace industry. Located in Southern California, AS has a dedicated, trained workforce and maintains a large capacity plant and extensive equipment to meet customer requirements. Much of the equipment is automated to increase production while reducing costs. The company's workforce has a large skill base: design engineers, programmers, machinists, and assembly personnel to work its highly-automated production systems.…

    • 1896 Words
    • 8 Pages
    Best Essays
  • Good Essays

    Boeing Executive Summary

    • 532 Words
    • 3 Pages

    Boeing strictly relies on the technology on a daily basis, especially with the increasing globalization of the company. Likewise, the ramification of global markets are accredited to the…

    • 532 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Lockheed Martin Operations

    • 4351 Words
    • 18 Pages

    Lockheed Martin, a US based company which came into existence in 1995 through the merger of Lockheed Corporation and Martin Marietta as of 2012, represent the world’s largest defence contractor employing 123,000 people worldwide, with the majority of its revenue from military sales. Altogether it represents a global aerospace, defence, security and advance technology company with worldwide stakes. Aeronautics, electronic systems, information Systems & global Solutions and Space systems are the company’s main core business areas,…

    • 4351 Words
    • 18 Pages
    Powerful Essays
  • Satisfactory Essays

    Initially our process of choosing stocks fell into two high-level categories; a look-back and a look forward approach. Many of our stocks (AAPL, ORCL, IBM) were picked after much research into “the numbers.” Members of our group that looked at historical performance focused on growth, return on equity, revenue, earnings per share and overall profitability, among other data. Other stocks (MSFT, CSCO, F) were picked based on the reputation, competitive advantage and/or longevity of the company. For the forward-looking approach, the focus was on what was happening in the near future that might affect stock prices. Some stocks were chosen with an eye on the effects of Hurricane Sandy (GNRC, HD). Others were picked because of planned mergers, or ongoing /upcoming activities in the sector (PHG, GEOY,…

    • 523 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    The Goal; Book Review

    • 1924 Words
    • 8 Pages

    UNICO produces machined assemblies furnished to plants in the UniWare division as components of end-items, or are sold directly as spare parts assemblies to larger end-user customers. They employ well trained and competent staff with experienced managers who possess increasingly broadened responsibilities as the company has grown. Their customers expect quality products, delivered on time and reasonably priced. Upper management has been efficient at overall cost reduction in operations and provide detailed financial performance reporting, multi level production functional cost budgets produced and managed with precision. They have seen savings in production time and increases in station production rate due to automation throughout the plant, all while being able to meet the demands of a unionized workforce to maintain equality in its labor relations.…

    • 1924 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Whistler Corporation's president, Charles Stott, should take a few actions to overcome current weaknesses of the company and to make Whistler more competitive in the long termDescription of the circumstances Whistler Corp. ‘s decision whether or not to continue manufacturing operations in the United States. The company had serious problems in its domestic production activities and, thus, unable to compete with suppliers in the Far East. The pilot project was organized consulting company offers a number of changes that can significantly improve the competitiveness of manufacturing firms. Management must decide whether the changes should be implemented and all products must be purchased from marine sources. “Hide AR ELECTRONICS, INC. | Leagle.com…

    • 686 Words
    • 3 Pages
    Powerful Essays
  • Powerful Essays

    Raymond V. Gilmartin: is the former Chairman, President, and CEO of Merck & Co. Inc. He joined the board on April 2001. He also serves in the board of General Mills, and the board of dean advisor’s, Harvard Business School.…

    • 4909 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Scenario Two

    • 1368 Words
    • 6 Pages

    Aircraft Solutions (AS) is a recognized leader in the design and fabrication of component products and services for companies in the electronics, commercial, defense, and aerospace industry. Located in Southern California, AS has a dedicated, trained workforce and maintains a large capacity plant and extensive equipment to meet customer requirements. Much of the equipment is automated to increase production while reducing costs. The company's workforce has a large skill base: design engineers, programmers, machinists, and assembly personnel to work its highly-automated production systems.…

    • 1368 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Dow Chemical

    • 1030 Words
    • 4 Pages

    Dow Chemical is a multi-national chemical manufacturing company, specifically serving various consumer markets with innovative chemicals and plastics products. With net profit margins dropping over a period of time, the firm had prioritized growth initiatives in the early 2000s. The emergence of the internet had empowered start-ups to disrupt the chemical manufacturing industry, which represented a significant threat to the firm. Dow Chemical’s leadership team responded by formally educating themselves on emerging e-commerce business models, which paved the way for a new growth venture, e-epoxy.com. The initiative was pushed forward by Ian Telford, who despite modest resources takes the necessary actions to garner support and coordinate resources internally towards implementation.…

    • 1030 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    October 19, 2000 Honeywell’s stock was up $10 due to recent merger discussions between Honeywell and United Technologies Corporation (UTC). For every share of honeywell, UTC would pay 0.74 of its own stock. In other words, the merge would lead to a dominant supplier company in the aerospace market, and a strong competitor for GE.…

    • 1207 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Future of Cpa Case Study

    • 624 Words
    • 3 Pages

    United Towers Inc. is a major telecommunications tower company that has been in business for the past fifteen years. It has grown from a company owning and managing 250 towers to now operating in 5 countries with a portfolio of 22,000 towers either being managed or owned. Although the company is over a decade old, it is still considered to be young by industry standards.…

    • 624 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Foxconn

    • 3323 Words
    • 11 Pages

    Foxconn Technology Group is the most dependable partner for joint-design, joint-development, manufacturing, and assembly and after-sales services to global Computer, Communication and Consumer-electronics ("3C") leaders. Aided by its legendary green manufacturing execution, uncompromising customer devotion and its award-winning proprietary business model, eCMMS, Foxconn has been the most trusted name in contract manufacturing services in the world (Foxconn, n.d.).…

    • 3323 Words
    • 11 Pages
    Good Essays