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Tuesday, March 19, 2013

UTC Sells Pump and Engine Unit

United Technologies Corp.(UTC) announced the sale of the former Goodrich Corp. pump and engine control systems business to Triumph Group.

Regulatory authorities required UTC to sell the pump and engine control systems segment of the when it acquired the Goodrich Corp.

UTC said it has also reached an agreement, pending regulatory approval, to sell the electric power systems business formerly owned by Goodrich. More

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