Newsline

UTC Purchases Specialty Company

HARTFORD, CT — United Technol-ogies Corp (UTC) announced the signing of an agreement to purchase Specialty Equipment Companies, Inc. (SEC), a manufacturer of refrigeration equipment and soft-serve ice cream and frozen dessert dispensers, based in Aurora, IL, for $30.50 per share in cash.

Upon completion of the purchase, SEC will be integrated into UTC’s Carrier Corp.

Jon Ayers, president of Carrier Corp., said, “Specialty’s family of well- respected brands fits well with Carrier’s technology leadership and extensive global reach.”

Publication date: 11/06/2000

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

Recent Articles by Paula Liegl

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2015 HARDI Fly-In

Highlights from HARDI's Congressional Fly-In in Washington, D.C. Post date: May 28, 2015.

Podcasts

NEWSMakers: Kevin Conrad
Kevin Conrad, president, Kevin Conrad Heating and Cooling Inc., Nantucket, Massachusetts, breaks down working in the New England climate, the benefits of insulation foam, and more.


More Podcasts

ACHRNEWS

NEWS 06-29-15 cover

2015 June 29

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Online Reviews

Do you track online review sites like Yelp to look for comments on your company’s performance?
View Results Poll Archive

HVACR INDUSTRY STORE

2015.jpg
2015 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con