United Technologies adding 9,000 jobs & investing $500 million over 5 years in CT

EAST HARTFORD, Conn. (WTNH) - Prepare for take off. 

Surrounded by jet engines at Pratt & Whitney, CEO Greg Hayes of their parent company, United Technologies, announced over the next five years, they're adding 35,000 jobs across the country and 9,000 in Connecticut alone.

"It's primarily aerospace, but we need people across all of our businesses. I've got a three-year backlog of elevators here in the U.S. that I can't build up because I don't have enough technicians," said UTC CEO Greg Hayes.

It's not just new jobs, but investments in the state too. 

"We're going to be investing probably $500 million in the next five years, so, big dollars," said Hayes.

Hayes credits the current administration, saying tax reform is helping them stay competitive. He also says more defense spending is giving them a boost. 

The Small Businesses Administration's Linda McMahon was on hand too. She says they're starting a year-long training program for small businesses so they can get a piece of the UTC business.

"This initiative may be some of the fuel that accelerates our economy's growth," said McMahon.

Down the street at East Hartford's Augie and Ray's, they're hoping it will trickle down even further and they'll see those lines like they used to.

"We're always up for the task of more people," said Augie and Ray's Pete Sheridan.

"It's great news. It's probably the best thing that could happen to us. Without Pratt, we'd be nothing," said Peter Marra.

Hayes estimates there are 3,000 suppliers here in the state that will also get a piece of this.

Connecticut Governor Dannel Malloy said of the news:

"United Technologies is a tremendous partner to the State of Connecticut, and thanks to the astute leadership of Greg Hayes, UTC continues to grow and innovate.  The historic agreement reached between UTC and Connecticut just a few short years ago has already grown thousands of good-paying jobs and secured billions of dollars of private investment and spending right here at home.  Their continued commitment to Connecticut is welcomed news.  Our advanced manufacturing and defense sectors are stronger than ever, and we look forward to keeping this momentum going in the years ahead."

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