Monday, August 25, 2014

UTC aero shipments up

Rising demand for new airplanes from airlines around the world has increased shipments of engines and airplane parts from United Technologies' aerospace division, consisting of Pratt and Whitney and UTC Aerospace System segments. P&W, which makes airplane engines, and UTAS, which is a leading global supplier of airplane components such as landing brakes and nacelles, will likely constitute around 45 percent of United Technologies' top line in the current year. (Source: Forbes, 08/22/14) Gulf Coast note: UTC Aerospace Systems in Foley, Ala., is Baldwin County's largest manufacturing employer. It does both original equipment work and maintenance, repair and overhaul work on nacelle components.