Thanks GOP- UTC leaving Corrupticut, too (ROTFLMAO)
Mort Zuckerman
eugener...@washpost.com, afa...@niaid.nih.gov,
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Cc: ca...@drcarolgoodheart.com, lPick...@cdc.gov,
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scientifi...@ostp.gov, pkru...@princeton.edu,
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Subject: Thanks GOP- UTC leaving Corrupticut, too (ROTFLMAO)
Date: Mar 12, 2010 11:17 AM
ARTICLE BELOW
==================================
Too many cops and State-employee-criminals:
http://www.actionlyme.org/VIKING_INTERVIEWS.htm
Yale and UConn tryin to kill people with
their "Vaccines" and "Diseases":
http://www.actionlyme.org/CRYME_DISEASE.htm
The local USDOJ a joke:
http://www.actionlyme.org/USDOJ_COMPLAINT_RICO.htm
Corrupticut is a dangerous place:
http://www.actionlyme.org/RELLS_MURDERS.htm
So may false arrests, so much retaliation
by the State employees, the "courts" so much
of a joke, they can't keep track of the REAL CRIMINALS
like the ones who did the Petit murders (who happened
to not be Black, ho-hum, thanks Arthur Spada and
John Rowland).
Stifling the real scientists and real innovation...
http://www.actionlyme.org/GAUVIN_DEATH_PENALTY.htm
http://www.actionlyme.org/PENISBITERDOCS.htm
DCF selling drugs to parents they intend to
rip kids off from, DCF Drunken Ho CHIEF*S*
S- PLURAL, pediatric porkers and brain
damagers
http://www.actionlyme.org/andersonpenisbiter.htm
http://www.actionlyme.org/RAGAGLIA_GRANDJURY_DETAILS.htm
http://www.actionlyme.org/BRAINDAMAGE.htm
http://www.actionlyme.org/BRAIN_PERMANENT.htm
Nevermind wild chimps on narcotics and Lyme.
The *PEOPLE* are cannibals...
... who would want to stay here?
The HUMAN cost is too high.
Payback time.
KMDickson
http://www.actionlyme.org
===========================================
http://www.courant.com/business/hc-utc-outside-connecticut-story-0312,0,5385894,print.story
UTC Tells Wall Street: 'Anyplace Outside Connecticut'
ERIC GERSHON
The Hartford Courant
10:08 AM EST, March 12, 2010
NEW YORK
Connecticut's biggest private employer is determined to move more of
its operations outside its home state and other "high-cost" locations,
a top executive said today at a conference in New York.
"Anyplace outside of Connecticut is low-cost," United Technologies
Corp.'s chief financial officer, Gregory Hayes, told Wall Street
analysts -- paraphrasing previous remarks by another UTC executive,
Jeff Pino, the president of Sikorsky Aircraft. "Even if work has to
stay in the U.S., there are opportunities to reduce cost by moving out
of those high-cost locations," Hayes said.
UTC, with 205,000 global employees, has 26,000 in Connecticut, largely
at Pratt & Whitney, Sikorsky and Hamilton Sundstrand.
No one at the company has talked publicly about how many jobs the
company would move, or which jobs, or when, or where the work would
go. However, UTC is investing heavily in operations in China, Turkey
and Poland. It is increasingly focused on India as a market for its
products, and operations often follow demand around the world.
The ranks of Pratt hourly workers in the Connecticut Machinists union,
about 15,000 two decades ago, have shrunk to 3,700 – and Pratt plans
to eliminate more as it fights in a federal appeals court to be able
to move the work of its Cheshire overhaul and repair factory to Pratt
plants in Columbus, Ga., Singapore and Japan. If successful, that
effort would cost Connecticut about 1,000 jobs.
Top UTC executives have spoken often about the high cost of operating
in Connecticut for years, especially in factory production work for
Pratt's jet engine manufacture and assembly. In 1992, for example, the
company publicly raised the possibility of sharply curtailing
production in Connecticut. A package of state tax breaks and other
incentives saved thousands of jobs, but production work nonetheless
declined in Connecticut in the years that followed.
Last year Pratt opened two major new manufacturing operations in
Shanghai and Instanbul. Pratt alone employs about 5,000 people in
Poland, according to Pratt President David Hess – equivalent to about
half of the division's Connecticut workforce. Pratt has, however,
maintained and in some instances boosted its engineering ranks in East
Hartford, and Sikorsky has seen its in-state workforce remain stable
at more than 8,000 in recent years.
Hayes said UTC, which is made up of six major industrial subsidiaries,
has 112 manufacturing facilities in what he termed "high-cost
countries," compared with 64 in lower cost countries.
"So, still 2 to 1 ratio, high-cost to low-cost," he said, noting that
there is opportunity to alter the ratio.
When it came his turn to speak, Pino, the Sikorsky president, said,
"Generally, every place we go is lower cost than Connecticut."
UTC reiterated its previous 2010 financial forecast: it expects
earnings to grow between 7 percent and 13 percent, or $4.40 to $4.65
per share, on revenue growth of two to four percent, or $54 billion to
$55 billion.
UTC's top executives are hosting Wall Street investment analysts at a
conference about the company's prospects in 2010. The meeting is at
the St. Regis Hotel in Manhattan.
Copyright © 2010, The Hartford Courant
"[Real] scientists are *fiercely* independent. That's the good
news."-- NIH's Top Fool, Anthony Fauci