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๐ญ United Technologies Corporation (UTC) was formed in 1934 and is a leading provider of high-technology systems and services.
๐ UTC operates on a global scale, serving customers in over 180 countries.
โ๏ธ The company is well-known for its aerospace division, which includes Pratt & Whitney engines and Collins Aerospace systems.
๐ข UTC also has a significant presence in building systems, providing HVAC, security, and fire safety technologies.
๐ In 2020, UTC merged with Raytheon Company to form Raytheon Technologies, creating a major player in the aerospace and defense industry.
๐ฆ UTC briefly owned the Otis Elevator Company, known for its innovation in the vertical transportation sector.
๐ง The company has a strong focus on sustainability, aiming to reduce greenhouse gas emissions from its products and operations.
๐ UTC invests heavily in research and development, allocating around $1 billion annually to innovation.
๐ It is consistently ranked among the top companies in the Fortune 500 list.
๐ค UTC has a collaborative relationship with several universities and research institutions to drive technological advancements.
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