[BobNJ1960]

Originally Posted by JayCT

Carrier does not have a significant presence here in Connecticut. The only facility I know of is their small headquarters office in Farmington in the same building as Otis Elevator's headquarters and near UTC's headquarters. I don't think Carrier's name is even on the building though the short dead end street their building is located on off Route 6 is named Carrier Place. Their main research and development division is in suburban Syracuse where more than 1,000 employees work. Carrier's corporate offices were moved by UTC from Syracuse sometime over the last 20 or so years (I could not find the date but remember when they moved here). I think it is very likely Carrier will leave but doubt it would have a significant impact to the Connecticut economy. Jay

IMO Carrier needs to be in the Northeast far less than Otis.

I am not sure their Ct headcount

[MrGompers]

Originally Posted by BobNJ1960

IMO Carrier needs to be in the Northeast far less than Otis.

I am not sure their Ct headcount

Otis has a large testing facility in Bristol. Doesn't make any sense for them to dismantle that and rebuild it somewhere else. Unless perhaps they can get some taxpayer handouts like Amazon.

[BobNJ1960]

Originally Posted by RunD1987

Interesting never heard of Carrier since yesterday. Friend is going for an interview with them. Hope they stay in Connecticut.

It would be natural for interviewer to briefly comment on it.

[robr2]

Originally Posted by BobNJ1960

IMO Carrier needs to be in the Northeast far less than Otis.

I am not sure their Ct headcount

Why is that?

[Mr_250]

Originally Posted by BobNJ1960

IMO Carrier needs to be in the Northeast far less than Otis.

I am not sure their Ct headcount

I saw a news article pop up from Florida biz journal saying Carrier will be based in (HQ) in Palm Beach. Talk about jumping the gun. UTC has no idea what they are doing yet. Still working through logistics.

I do find it funny that some people are like it’s ok if they leave, they don’t have too many people in CT. But when that state “buys” a company HQ relocation and brings in like 20 jobs we think it’s the greatest thing. Why wouldn’t you want to keep a business here that is already here? That’s a big building off of 84 they have, do people think CT is a hot bed for HQ and it’ll be filled quick?

[JayCT]

Originally Posted by Mr_250

I saw a news article pop up from Florida biz journal saying Carrier will be based in (HQ) in Palm Beach. Talk about jumping the gun. UTC has no idea what they are doing yet. Still working through logistics.

I do find it funny that some people are like it’s ok if they leave, they don’t have too many people in CT. But when that state “buys” a company HQ relocation and brings in like 20 jobs we think it’s the greatest thing. Why wouldn’t you want to keep a business here that is already here? That’s a big building off of 84 they have, do people think CT is a hot bed for HQ and it’ll be filled quick?

Where did I or anyone else say it was okay if they left? I said that they do not have a significant facility in Connecticut so the impact of them leaving would not be significant. That is a fact. No one would be okay with it. Given that the only reason Carrier is based in Farmington is its ties to UTC and that it will no longer be part of them, I would be surprised if they did stay.

Also what 20 employee company did Connecticut "buy "? The First Five program requires employers to create 200 jobs and invest a minimum of $25 million in order to be eligible for significant tax breaks and credits. Any other credits given for smaller companies are significantly less and based on the economic impact the company could have on the state but still they could hardly be considered to be bought to come here. Jay

https://www.ct.gov/ecd/lib/ecd/first...d_jan_2018.pdf

[Mr_250]

Also, UTC confirmed that the new Collins Aerospace systems will be based in Florida. Granted this is technically a subsidiary or UTC still makes no sense that if they want to focus on the aerospace why would all the executives be in Fl and UTC leadership be in CT.

Unless I’m reading that wrong which is a possibility.

[JayCT]

Originally Posted by Mr_250

Also, UTC confirmed that the new Collins Aerospace systems will be based in Florida. Granted this is technically a subsidiary or UTC still makes no sense that if they want to focus on the aerospace why would all the executives be in Fl and UTC leadership be in CT.

Unless I’m reading that wrong which is a possibility.

There is no reason for Collins to be headquartered in Connecticut. They do not have major facilities here. It is best for them to be headquartered near their major facilities rather than the corporate headquarters of their owner. The new UTC's other major division, Pratt & Whitney is based in East Hartford. Jay

[Mr_250]

Originally Posted by JayCT

There is no reason for Collins to be headquartered in Connecticut. They do not have major facilities here. It is best for them to be headquartered near their major facilities rather than the corporate headquarters of their owner. The new UTC's other major division, Pratt & Whitney is based in East Hartford. Jay

You’re right. I thought the new company included P&W but it does not.
Scratch that. Now it makes sense.

[BobNJ1960]

Originally Posted by Mr_250

I saw a news article pop up from Florida biz journal saying Carrier will be based in (HQ) in Palm Beach. Talk about jumping the gun. UTC has no idea what they are doing yet. Still working through logistics.

I do find it funny that some people are like it’s ok if they leave, they don’t have too many people in CT. But when that state “buys” a company HQ relocation and brings in like 20 jobs we think it’s the greatest thing. Why wouldn’t you want to keep a business here that is already here? That’s a big building off of 84 they have, do people think CT is a hot bed for HQ and it’ll be filled quick?

If Carrier leaves, its a big impact move. I've been with corps who did lots of business with them. They are tough.


Business Journals btw, are a large org,, one parent to dozens of them. If rumors leak of this nature, it definitely indicates they are at least more than open to exploring such possibilities.