UTC Climate, Controls & Security was a global provider of building technologies offering fire safety, security, building automation, heating, ventilating, air-conditioning, and refrigeration systems and services. A wholly owned subsidiary of United Technologies Corporation, UTC Climate, Controls & Security was a $16.7 billion company with 55,000 employees serving customers in more than 180 countries.[5]
In 2020, United Technologies spun off this subsidiary into the independent Carrier Global Corporation. At the same time United Technologies spun off Otis Worldwide Corporation, and then the remaining United Technologies units (Pratt & Whitney and Collins Aerospace) merged with the Raytheon Company to create Raytheon Technologies.
History
Based in Palm Beach Gardens, Florida, UTC Climate, Controls & Security [6] was created by splitting up UTC Building & Industrial Systems into two segments, Otis and UTC Climate, Controls & Security. Otis provides elevator and escalator manufacturing installation, while UTC Climate, Controls & Security's brands provide building technologies, heating and cooling, fire safety and security and refrigeration products and services.