Carrier to Relocate Manufacturing from McMinnville.Business Editors FARMINGTON, Conn.--(BUSINESS WIRE)--Feb. 2, 2004 Carrier Corporation today announced its intent to close its McMinnville, Tenn. manufacturing facility. This decision is subject to Carrier's collective bargaining collective bargaining, in labor relations, procedure whereby an employer or employers agree to discuss the conditions of work by bargaining with representatives of the employees, usually a labor union. obligations. Carrier plans to close the McMinnville facility, which manufactures a broad range of commercial air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. and ventilation product lines, by the second half of 2005 without interrupting service to its customers. Under this plan, production will be relocated to other company factories in North America, including Carrier plants in Tyler, Texas; Charlotte, N.C.; and Monterrey, Mexico. An estimated 1,300 jobs will be affected by the decision. "Carrier has, over the last two years, concentrated on leveraging our manufacturing scale and reducing the complexity of our business model," said Todd Bluedorn, president, Carrier North America Commercial. "Consistent with this strategy, we are moving assembly of the McMinnville product lines into other Carrier factories producing common product platforms. This consolidation of production volumes into focused factories will significantly improve the productivity of company assets and better position us to serve our customers." "These decisions are very difficult and we understand the effect on our employees, their families and their communities, but this action is necessary for the long-term health of Carrier," said Bluedorn. Separation benefits, including access to the United Technologies Employee Scholar Program, will be available to eligible employees who are affected by this decision. Under the program, employees may receive fully paid tuition, books and fees at accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. institutions of higher education for up to four years. Carrier Corporation is the world's largest manufacturer of heating, air conditioning and refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective. systems and equipment. It is a subsidiary of United Technologies Corporation (NYSE NYSE See: New York Stock Exchange :UTX UTX United Technologies Corporation (stock abbreviation, AMEX) UTX Unreal Texture (a texture pack for Unreal-engine games) UTX Unit Training Exercise UTX Under Track Crossing ), provider of a broad range of high-technology products and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to the aerospace and building systems industries. |
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