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Hamilton Sundstrand
Hamilton Sundstrand was an American globally active corporation that manufactured and supported aerospace and industrial products for worldwide markets. A subsidiary of United Technologies Corporation, it was headquartered in Windsor Locks, Connecticut. The company was formed from the merger of Hamilton Standard and Sundstrand Corporation in 1999. In 2012, Hamilton Sundstrand was merged with Goodrich Corporation to form UTC Aerospace Systems. In 2018, UTC Aerospace Systems and Rockwell Collins combined to form Collins Aerospace. History On June 10, 1999, Hamilton Standard and the Sundstrand Corp. were merged, forming Hamilton Sundstrand. Hamilton Sundstrand traces its roots to the founding of the Sundstrand Corp. in 1905 and Hamilton Standard in 1910. In early 2001, Claverham Ltd was sold to Hamilton Sundstrand. On 2 January 2008, Hamilton Sundstrand said it would commercialize the concentrated solar power tower technology and corresponding molten salt storage system develope ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
