Industrial Special: Green tech enhancing UTC's impressive portfolio in China
By Xiao Wan | China Daily | Updated: 2009-10-16 08:03
Louis R Chênevert,, president and CEO of United Technologies Corp (UTC), has been to China more than 40 times since the early 1990s - and for good reason.
With a history in the nation dating back more than a century, the US industrial conglomerate is now one of the largest international investors in China.
Its subsidiary Otis installed its first elevator in Hong Kong in 1888 and in Shanghai in 1907. Another of its companies, Carrier air conditioning systems, arrived in the early 1930s.
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