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United Technologies Corp 1.875% Notes 2026 UTX.26



NYSE:UTX.26 - Post by User

Post by egewon Jul 03, 2016 7:41am
311 Views
Post# 25017669

New Pratt & Whitney maintenance facility....

New Pratt & Whitney maintenance facility....

Pratt & Whitney Announces North American Site for PurePower® Geared Turbofan™ Engine Maintenance

UTX 

 

PR Newswire

EAST HARTFORD, Conn.June 30, 2016 /PRNewswire/ -- Pratt & Whitney, a United Technologies Corp. company (NYSE: UTX), announced today that it is making a $65 million investment in its engine overhaul facility in Columbus, Georgia, to perform maintenance on PurePower® Geared Turbofan™ (GTF) engines.

"As the GTF engine continues to enter into service, it is critical that we have a strong maintenance, repair and overhaul network in place to support these engines," said Joe Sylvestro, vice president, Aftermarket Operations, Pratt & Whitney. "The Columbus Engine Center draws on decades of high volume engine maintenance experience and is well-positioned to provide the highest quality service to our GTF engine customers."

"Pratt & Whitney has been committed to Columbus, Georgia, for the past 30 years, having provided thousands of jobs for our residents and tremendous corporate support to our community," said the Teresa Tomlinson, mayor, City of Columbus, Georgia.  "We believe with today's significant investment announcement that they will be providing more opportunities to our city and the region for the next 30 years."

The Columbus Engine Center, located 90 miles south of Atlanta, is the first facility in the world to begin maintaining PW1000G engines.  It will maintain PW1100G-JM and PW1500G engines, in addition to V2500, PW2000, F117 and F100 engines.

The center's new GTF engine facilities will include disassembly, inspection, assembly and test capability.  Construction will start this year on a new test facility adjacent to the existing test cell. In addition to the$65 million investment announced today, Pratt & Whitney has been investing in upgrading this facility over the past several years, including adding GTF engine MRO capabilities.

"The Pratt & Whitney Columbus Engine Center has become the company's engine overhaul center of excellence in North America due to its skilled workforce, proven track record for performance and potential for growth," Sylvestro said.  "The tremendous support we receive from the community and state have contributed to the success of this business."

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. To learn more about UTC, visit its website at www.utc.com, or follow the company on Twitter:@UTC.

This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in levels of demand in the aerospace industry, in levels of air travel, and in the number of aircraft to be built; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corp.'s Securities and Exchange Commission filings.

Robin Salisbury 
Pratt & Whitney 
Office: +1 (860) 565-8220 
robin.salisbury@pw.utc.com

To view the original version on PR Newswire, visit:https://www.prnewswire.com/news-releases/pratt--whitney-announces-north-american-site-for-purepower-geared-turbofan-engine-maintenance-300292659.html

SOURCE Pratt & Whitney

image: https://rt.prnewswire.com/rt.gif?NewsItemId=NE37458&Transmission_Id=201606300840PR_NEWS_USPR_____NE37458&DateId=20160630


Read more at https://www.stockhouse.com/news/press-releases/2016/06/30/pratt-whitney-announces-north-american-site-for-purepower-geared-turbofan#DqAu0ObL2QVTG01x.99
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