UT Electronic Controls Division to invest $1.8 million in Huntington facility
Contact: Mark Wickersham
Electronic Controls Division to invest $1.8 million in Huntington facility
Technologies (UT) Electronic Controls Division has announced plans to invest
$1.8 million at its Huntington facility. The plant, located in Huntington's
Riverfork Industrial Park, is among the world leaders in the engineering,
design and production of electronic control boards for the heating, ventilation
and air conditioning industry.
of Huntington approved UT's request for tax abatement associated with the
our community receives a request for tax abatement, we celebrate because it is
yet another employer willing to invest in Huntington," said Mark
Wickersham, executive director, Huntington County Economic Development. “UT
Electronic Controls Division is the largest employer in the manufacturing
sector in Huntington County. We’re very proud of their commitment to
Huntington and glad to help them continue to be successful.”
are the largest manufacturer of electronics of our scale left in the United
States," said Alex Housten, managing director, UT Electronic Controls
Division. "We are committed to this community and appreciate the
support of City Council.”
investment allows the retention of their workforce of 682 employees. It also improves
production capacity and quality while reducing overall costs, said UT.
Council voted unanimously to offer a 10-year tax abatement to the company for this
investment. The abatement allows the gradual phase-in of the tax liability
over a period of years as opposed to requiring a full liability immediately. Tax
abatement has served as an economic development tool in Indiana for decades.
company of UT Electronic Controls Division is United Technologies, a
diversified company providing a broad range of high-technology products and
services to the global aerospace and commercial building industries. The UT
family of companies includes Carrier Corporation (heating and cooling systems),
Otis (elevators), Sikorsky (helicopters), Hamilton Sundstrand (electrical
generation systems), Pratt & Whitney (aerospace) and UTC Fire &
information about UT Electronic Controls Division, visit utc.com.