This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Carrier To Provide State-of-the-Art Solution To Help Preserve Michelangelo's Frescoes In The Sistine Chapel

Stocks in this article: UTX









VATICAN CITY, June 17, 2014 /PRNewswire/ -- The Governate of the Vatican City State and Carrier today announced the start of the installation of a landmark heating, ventilating and air-conditioning (HVAC) system for the Sistine Chapel, specially designed to address the challenges of protecting Michelangelo's masterpieces against deterioration. Carrier's groundbreaking system, developed by the company's expert global team of AdvanTE 3C engineers and backed by its industry-leading research and development resources, is expected to be installed and commissioned by the third quarter of 2014. Carrier, the world's leader in high-technology heating, air-conditioning and refrigeration solutions, is a part of UTC Building & Industrial Systems, a unit of United Technologies Corp. (NYSE: UTX).

The new system, which replaces a Carrier system installed in the early 1990s, is designed to deliver exceptional performance with twice the efficiency and three times the capacity of the previous system. The custom-engineered solution uses first-of-its-kind energy-saving technologies, as well as industry-leading approaches to minimize noise and limit air motion around the frescoes. In order to ensure outstanding reliability, highly controlled temperature and humidity levels, and optimal airflow management, the design team completed extensive modeling using a specially developed application. Once installed, the system is designed to be virtually unnoticeable to visitors.

In addition, the Governate of the Vatican City State and United Technologies Corp. (UTC) have entered into an agreement to ensure the protection and safety of the Vatican Museums' artwork, spaces and visitors through the deployment of building technologies from UTC companies. According to the terms of the agreement, the parties will work together on integrated solutions spanning HVAC, elevators and escalators, fire detection and alarm, fire suppression and safety, electronic security, access control, video surveillance services and related software solutions, from brands such as Carrier, Otis, Lenel, Kidde, Chubb and Marioff.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs