Carrier Unit Buys Logical Automation

by EIN on 2009/11/20

in News Service, economy

November 20, 2009 (FinancialWire) United Technologies Corp.s (NYSE: UTX) Carrier Corp. units Automated Logic controls business, a designer and manufacturer of control systems for heating, ventilation, air conditioning, lighting and energy management of buildings, has acquired Logical Automation, Inc., an independent controls contractor.

Terms of the deal were not disclosed.

An Automated Logic dealer, Logical Automation designs, installs, and services building control systems.

Farmington, Connecticut-based Carrier is a provider of heating, air-conditioning and refrigeration solutions, with operations in more than 170 countries.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

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