United Technologies – Global Construction Growth

Lets take a look into United Technologies Corporation (UTC) quarterly earning report to get a grasp on global construction growth thus far in 2013.

UTC owns Otis Elevator Company which is the world’s largest manufacturer and maintainer of people-moving products including elevators, escalators and moving walkways. UTC reported that equipment orders at Otis increased 24 percent over the first quarter last year, led by 29 percent growth in China. Otis elevators, escalators and moving walkways are a part of many of the world’s most well-recognized and significant buildings. Click here for a few examples.

UTC Climate, Controls & Security equipment orders increased 5 percent organically. This division includes the brands such as Carrier, Automated Logic and Interlogix.

 

 

 

UTC Fast Facts

Our Businesses

Ranking

  • Ranked among Barron’s list of the World’s Most Respected Companies (2012)
  • 24th largest U.S. manufacturer (2012 list, Industry Week)
  • 48th largest U.S. corporation (2012 list, Fortune)
  • 73rd largest publicly held manufacturer in the world (2012 list, Industry Week)
  • 120th largest company in the world (2012 list, Forbes, Global 2000)
  • Named No. 1 “Most Admired” aerospace and defense company (2012, Fortune)
  • UTC named among Thomson Reuters top 100 Global Innovators in the transportation equipment industry (2012)

Current Employment: 218,300 employees (2012)

Net Sales: $57.7 billion (2012)

Sales To U.S. Government: $10.1 billion (2012)

International Net Sales: 60 percent of total net sales (2012)

To learn more about United Technologies Corporation, and the insight they have on global construction, please visit their website www.utc.com

 

Company Information

Allen & Shariff provides Engineering, Construction, and Project Management services to clients worldwide. Allen & Shariff services include MEP DesignCommissioningGeneral ContractingProject ManagementGreen & Energy Consulting, and Project FinancingAllen & Shariff HealthCare Consulting provides Compliance & Litigation Support, Billing & Coding Reviews, Interim Management and Risk Assessment Services to Clients Worldwide. Allen & Shariff was founded in 1993 as an engineering consulting firm based in Columbia, MD. The company has evolved into a multi-discisplince professional service provider worldwide. The skills of our people, our proven sub-consultants, and our commitment to quality service and client satisfaction make the Allen & Shariff team a valued and trusted partner.

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