United Technologies Plans to Hire 35,000 People and Make $15 Billion Investment in U.S. Over Next Five Years

United Technologies Plans to Hire 35,000 People and Make $15 Billion Investment in U.S. Over Next Five Years

(PR News Wire, 5/23/18)

FARMINGTON, Conn.May 23, 2018 /PRNewswire/ — United Technologies Corp. (NYSE: UTX) today announced plans to hire 35,000 people and make investments of more than $15 billion in research and development (R&D) and capital expenditures (CapEx) in the United States over the next five years (2018-2022). With this announcement, the company also launched a dedicated site to highlight its investments in the U.S.: www.utcinvestingintheusa.com.

“United Technologies is growing globally and growing the fastest in the United States,” said Gregory J. Hayes, Chairman & CEO, United Technologies Corporation. “Over the past three years, we have created more jobs in the U.S. than in the rest of the world combined.”

“Our investments reflect our core belief that, similar to U.S. economic goals, United Technologies’ continued success will be dependent on a highly-skilled workforce, world class manufacturing facilities, and workforce education programs that enable employees to improve their skills and remain competitive in an increasingly digital economy.”

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