You are Trying to View a Premium Article

Mitsubishi Heavy Industries to Purchase Pratt & Whitney Power Systems from United Technologies


Industry Segment: Power | Word Count: 412 Words

SUGAR LAND--December 13, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--At the start of this week, there were rumors around the trade show floor at Power-Gen International that Pratt & Whitney was being bought out. This morning, the rumors were confirmed when it was announced that United Technologies (NYSE:UTC) (Hartford, Connecticut), the parent company that owns Pratt & Whitney, has agreed to and is negotiating terms of sale of the Pratt & Whitney Power Systems unit with Mitsubishi Heavy Industries (MHI) (OTC:MHVYF) (Tokyo, Japan).

Other companies featured: Hitachi Limited (OTC:HTHIY), General Electric (NYSE:GE)

Login or Register for Instant Access

This Premium Article can be purchased individually or as part of a subscription

Subscribe Now! All Fields Required...

Subscription Type:

Pricing Help?

  • Pay-Per-Article - $5.95
  • Annual Subscription - $235.00
  • Annual Subscription with Archive - $395.00

All Members Receive the Following Free Resources:

  • North American Project & Gap Spending
  • Market Maps & Stats - Capital & Maintenance Activity
  • Current Economic Indicators
  • Free Daily Industrial Articles
  • Monthly Industrial Newsletter