December 16, 1985 |
Union machinists voted Sunday to accept a three-year contract and end a 13-day walkout by about 5,000 workers at three Pratt & Whitney Aircraft jet engine plants in Connecticut. The workers voted 4,785 to 604 for the contract that union and company negotiators had agreed to Friday, and began returning to work at midnight, said George Almeida, a union representative.
November 13, 1986 |
Pratt & Whitney Aircraft, a division of United Technologies Corp., said Wednesday that it plans to cut 1,500 to 2,000 salaried jobs over the next year to help combat increased competition. The reduction of something less than 10% of its 24,000 salaried workers worldwide is "probably the largest" in the history of the jet engine maker, spokesman Curtis Linke said.
February 13, 1996 |
U.S. jet engine maker Pratt & Whitney on Monday launched a $22-million joint venture with a Chinese firm to produce parts for commercial engines. The founding of Chengdu Aerotech Manufacturing Co. marks the first time a foreign firm has taken a controlling interest in a venture involving China's strategic aviation industry, executives said. Pratt & Whitney, a Hartford, Conn.-based unit of United Technologies Corp., holds 52% of the equity and Chengdu Engine Co.
May 13, 1999 |
Computer Sciences Corp. won a $1.2-billion 10-year contract to manage computer and manufacturing systems for United Technologies Corp.'s Pratt & Whitney jet engine unit. About 650 Pratt & Whitney employees at the engine maker's headquarters in East Hartford, Conn., and a plant in West Palm Beach, Fla., will transfer to Computer Sciences under the agreement.
May 9, 1996 |
GE, Pratt & Whitney to Work on New Engine: The vigorous rivals in the aircraft engine business would not say how much money they will contribute to develop the engine for Boeing Co.'s proposed 747-500X/600X jetliner. Typically, it costs $1 billion to $1.5 billion to design and produce an engine, as opposed to modifying an existing one. The 50-50 venture will allow General Electric Corp. unit GE Aircraft Engines and Pratt & Whitney, the East Hartford, Conn.-based unit of United Technologies Corp.
October 17, 1992 |
United Technologies Corp., citing a further slowdown in jet engine sales, said Friday its Pratt & Whitney unit will cut an additional 4,800 jobs, bringing the division's total layoffs to 7,200 by mid-1993. In January, United Technologies, which builds everything from Otis elevators to Carrier air conditioners, said it was laying off 2,400 Pratt & Whitney workers as part of a companywide restructuring costing $1.28 billion.