Asia Pacific Business Outlook Conference March 27, 2007 In Singapore Asia Pacific Business Outlook Conference March 27, 2007 Kristin Paulson
Provides broad range of high technology products and services to the building systems and aerospace industries Over 2,000 locations in 180 countries 43rd largest U.S. corporation (2006 list, Fortune Magazine) 126th in the world Revenues of US$48 billion (2006) Over 215,000 employees
United Technologies Structure Otis Pratt & Whitney UTC Power Elevators Escalators Moving walks Shuttle systems Platform Screen Doors Commercial and military aircraft engines Rocket engines Space propulsion systems Industrial gas turbines Production of fuel cells UTRC Research & Development unit Chubb (Lenel System, Kidde) Sikorsky Security and fire protection services Helicopters for commercial, industrial and military use Carrier Hamilton Sundstrand Heating equipment Ventilating equipment Air conditioning Aerospace and industrial products Space programs Aerospace systems for commercial, regional, corporate and military aircraft
UTC in Singapore
S-70A(N) (Utility Variant) S-70 HELICOPTERS S-70B (ASW Variant) S-70A(N) (Utility Variant)
UTC History in Singapore 1930-1950 Carrier and Otis Elevator 1972 Sundstrand Pacific Aerospace and Chubb Singapore 1980s Turbine Overhaul Services (TOS) & Pratt & Whitney Canada 1990s Pratt & Whitney overhaul and repair activities and Carrier refrigeration UTC Regional Corporate Office 2000-2005 Expansion of Pratt & Whitney businesses to support MRO activity 2005 Kidde and UTC Fire & Security formed
Economic Development Board www. edb.gov.sg
Manufacturing in Singapore = 28% of GDP Key sectors are: Electronics Mechanical Engineering Biomedical Manufacturing Chemicals
EDB’s priority areas of investments today are: Capital intensive industries Knowledge intensive industries Innovative intensive industries
Reasons to be in Singapore Regional Focus Transparency Quality of Talent Integrity Culture
Thank You