This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

UTC Aerospace Systems - Motor Drives Systems Centre Hosts Rt Hon Michael Fallon MP - UK Minister Of State For Business And Energy

CHARLOTTE, N.C., May 8, 2013 /PRNewswire/ -- UTC Aerospace Systems recently hosted the Rt Hon Michael Fallon MP Minister of State for Business and Energy at its Hemel Hempstead, Hertfordshire, UK facility on May 7. The visit was an opportunity for UTC Aerospace Systems to update the Minister on the aerospace work being performed at the site and to officially open the redeveloped Technology House. The facility has approximately 160 employees, and is a new addition to the Hemel Hempstead business community having recently relocated. UTC Aerospace Systems is a unit of United Technologies Corp. (NYSE: UTX).

Business and Energy Minister Michael Fallon said, "Research and development has a crucial role to play in the long-term success of the UK's aerospace sector, which is why it features so heavily as part of our Aerospace Industrial Strategy developed by industry and Government through the Aerospace Growth Partnership.

"UTC Aerospace Systems' new state of the art facility is positive news for the local economy and demonstrates the confidence global businesses have in the UK as a place to do business and invest in new technologies to keep us at the forefront of this highly competitive global market."

"It's a privilege to host the Rt Hon Michael Fallon MP at the official opening of our new facility in Hemel Hempstead," said Gareth Morris, general manager for UTC Aerospace Systems, Motor Drive Systems Centre, Hemel Hempstead.

"A great deal of hard work and commitment has been shown by all our employees in establishing the new facility, which provides us with the infrastructure to continue to grow our capabilities in high performance power electronics and motor drive technologies. These will form a key element of the more efficient, greener aircraft of the future," he added.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs