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The Carlyle Group and BC Partners agreed to acquire Hamilton Sundstrand Industrial, a maker of pumps and compressors, from United Technologies for $3.46 billion. The deal was expected to close in Q4 2012.
Pratt & Whitney's Columbus Forge Disks business unveiled a new isothermal vacuum forge press, the C5, to raise output of turbine disks and compressor rotors for its engines. The press is part of the company's engine production ramp, following a $386 million investment in Columbus announced in 2017.
Pratt & Whitney announced an investment of up to $100 million in its existing West Palm Beach, Florida facility to support defense programs, creating up to 215 new jobs by 2022. The expansion covers the campus and new manufacturing equipment.
Meggitt and United Technologies Corporation signed a long-term supply agreement for engineered items used at UTC's Pratt & Whitney and UTC Aerospace Systems. The deal covers products from Meggitt's Polymers & Composites, Sensing Systems and Control Systems divisions.
Pratt & Whitney will invest approximately $386 million in its Columbus, Georgia facility to increase production of parts and maintenance services, including a 200,000 sq ft GTF engine overhaul building and a new forge press facility. More than 500 new employees will be hired. The announcement was made on February 14, 2017.
