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Pratt & Whitney's Connecticut IAM-Represented Employees Approve New Contract

EAST HARTFORD, Conn., Sunday, December 5, 2010

IAM members of Locals 700, 1746 and 1746A of the International Association of Machinists and Aerospace Workers (IAM), representing hourly employees at Pratt & Whitney in Middletown, East Hartford and Cheshire, ratified a new three-year labor agreement today. Pratt & Whitney is a United Technologies Corp. (NYSE:UTX) company.

The agreement covers more than 3,400 employees in Middletown, East Hartford and Cheshire and is effective, December 6, 2010.

As a part of the agreement, the Cheshire facility and the Connecticut Airfoil Repair Operations (CARO) will close in the coming year. A plant-closure agreement has been negotiated in an effort to ease the disruption to our employees' lives.

David Hess, president, Pratt & Whitney said, "While the world-wide economic and competitive realities dictate no choice but to close Cheshire and CARO, our plan and this agreement accomplishes this in a very compassionate and responsible way."

Hess said, "We had very difficult issues on the table. In the end we worked together to deliver a new contract that treats our employees fairly and helps secure the company's future competitiveness. This is a good outcome for Pratt & Whitney and our employees."

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.


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