United Technologies Corp to Invest Heavily in US, Create Jobs

According to the National Association of Manufacturers, UTC, a US-based manufacturer of high tech systems to the building and aerospace industries, announced that they will be investing $15 billion in capital and research and development in the US. Along with the investment comes an anticipated 35k jobs of various kinds. In a press release, the company cited the “competitive tax system resulting from U.S. tax reform” as the key to encouraging “global companies, such as United Technologies, to make long-term investments in innovation in America.”

Read more about the news and implications for US suppliers in this fine article by Andrew Clark of NAM.

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