Who owns Carrier?
Carrier Corporation leads the world in the manufacture of residential and commercial heating, ventilating, and air conditioning (HVAC) systems and equipment. Its businesses also include commercial, industrial, and transport refrigeration and cryogenic cooling. Who owns Carrier? Carrier manufactures and sells more than 350 product lines, among them heat pumps, furnaces, window room air conditioners, portable…
Carrier Corporation leads the world in the manufacture of residential and commercial heating, ventilating, and air conditioning (HVAC) systems and equipment. Its businesses also include commercial, industrial, and transport refrigeration and cryogenic cooling.
Who owns Carrier?
Carrier manufactures and sells more than 350 product lines, among them heat pumps, furnaces, window room air conditioners, portable air conditioners, package thermal air conditioners, chillers, ducted and ductless systems, and packaged systems. Carrier was founded in 1915 as an independent company manufacturing and distributing HVAC systems and has since expanded to include manufacturing commercial refrigeration and food service equipment, and fire and security technologies.
since 1979, Carrier Corporation became a wholly owned subsidiary of United Technologies Corporation (UTC), the Hartford-based aerospace giant best known for its Pratt & Whitney jet engine division, in a contentious takeover that drew the attention of the federal government. Today, Carrier is one of UTC’s global enterprises, together with the Otis Elevator Company, it forms the parent company’s Building Systems division, which in 1991 accounted for 38 percent of UTC’s revenues.
