Innovation and Motivation
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Transcript Innovation and Motivation
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
(2006 list, Fortune Magazine)
• 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
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
UTRC
• Research &
Development unit
REVENUES
2006
Canada
Latin
Other
America 3%
4%
7%
United
States
40%
Asia
Pacific
18%
Europe
28%
$48 billion
2
UTC in Singapore
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