16 April 2014
UTC Aerospace Systems and AVIC Electromechanical Company Ltd. reported they have opened their joint venture facility: Xi´an AVIC Hamilton Sundstrand Aviation Electric Co., Ltd. located within the Xi´an Hi-tech Industries Development Zone.
The joint venture was formed to develop and manufacture the electric power system for the new C919 jetliner, built by Commercial Aviation Corp. of China. UTC Aerospace Systems is a unit of United Technologies Corp. (NYSE: UTX) and AVIC EM is a subsidiary of Aviation Industry Corp. of China.
AUAE is a 50-50 joint venture established by UTC Aerospace Systems´ Hamilton Sundstrand Holdings, Inc. and AVIC EM´s subsidiary Shaanxi Aero Electric Co., Ltd. to develop and manufacture electric power systems for COMAC´s C919 as well as supply UTC Aerospace Systems equipment for the international market.
AVIC EM designs and produces a wide range of aerospace systems and products for both the Chinese and international markets. The company´s vision is to expand its presence in the Chinese domestic aviation electromechanical industry and the international transportation manufacturing industry.
UTC Aerospace Systems designs, manufactures and services integrated systems and components for the aerospace and defense industries. UTC Aerospace Systems supports a global customer base with significant worldwide manufacturing and customer service facilities.
United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries. Its website is at www.utcaerospacesystems.com