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 DEARBORN, Mich., March 4 /PRNewswire/ -- High school seniors in Dearborn and Valls, Spain, are receiving hands-on experience in international trade and finance through a pilot program sponsored by United Technologies Automotive (UTA) and Junior Achievement of Southeastern Michigan (JA).
 Through the Global Learning of the Business Enterprise (GLOBE) program, students at Edsel Ford High School in Dearborn have formed a company and established a joint trading agreement with a student-formed company at the Institute Polytechnic of Formacion Professional in Valls. The two companies will actually import and export products for sale in each others' countries.
 UTA, based in Dearborn, is a global supplier to the automotive industry with more than 100 manufacturing facilities in 14 countries. UTA's parent company, United Technologies Corp. (NYSE: UTX), based in Hartford, Conn., developed GLOBE jointly with the national JA, based in Colorado Springs, Colo., in 1991 as a three-year pilot program. UTC provided a $473,000 grant to develop the program, and several of its business units, including UTA, are sponsoring and supporting partnerships between schools in the U.S. and countries such as Spain, Korea, Japan and Hungary.
 GLOBE is designed to teach students through experience not only how a business operates, but about the world of international trade as well. The students are learning about global issues, including foreign exchange, trade restrictions, international competition and business ethics.
 Managers in both UTA's Dearborn offices and MAISA, its wire harness manufacturer in Valls, are participating in the program as business consultants to the student companies. They relate the students' classroom experience to real-world business experience by sharing their knowledge of corporate management and international trade.
 GLOBE also gives students an appreciation for cultural differences and similarities. At least two students will participate in a student exchange. A student from Spain will spend a week in Dearborn, and then a Dearborn student will accompany the Spanish student to Spain and spend a week with the Valls class.
 "We're really excited about GLOBE and working with the students," said Evelyn Simon, UTA's vice president of legal, and product development and planning in Dearborn. "GLOBE's innovative approach gives students hands-on experience in the complexities of running an international business. The students are enthusiastic about the new program and are putting a lot of effort into making their companies work."
 GLOBE also includes a computer simulation program which allows the students to produce and market a hypothetical product in several countries. The students make decisions taking into consideration a variety of business conditions such as exchange rate fluctuations, shipping costs and international taxes.
 "Our support of and participation in programs such as GLOBE will help ensure that the work force of tomorrow is prepared to do business and function in a global economy," said UTA President Norm Bodine.
 UTA, headquartered in Dearborn, is a major supplier of electrical and interior trim systems and components to car and truck manufacturers worldwide. It is a unit of UTC, which provides a broad range of high- technology products and services to the aerospace, building systems and automotive industries.
 -0- 3/4/93
 /CONTACT: Kathy O'Bryan of United Technologies Automotive, 313-593-9685/

CO: United Technologies Automotive ST: Michigan IN: AUT SU:

DH -- DE022 -- 2952 03/04/93 11:47 EST
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Publication:PR Newswire
Date:Mar 4, 1993

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