21 May 2014
Pratt and Whitney, a unit of United Technologies Corp. (NYSE: UTX), said it has expanded its third-party logistics relationship with UPS (NYSE: UPS).
As part of the agreement announced TODAY, UPS will open a 600,000-square-foot Northeast Logistics Center (NELC) in Londonderry, New Hampshire, to serve as a centralized distribution centre for Pratt and Whitney parts, tooling and supplies.
This logistics centre will support Pratt and Whitney´s manufacturing and global engine assembly and test sites. Set to open in June 2015, UPS will operate the NELC and provide parts receipt, storage, building of manufacturing and assembly kits, packing, inventory management and freight transportation. Pratt and Whitney will leverage UPS´s customs brokerage expertise, and monitoring and technology solutions for 24/7 visibility across the supply chain.
Pratt and Whitney is a world leader in the design, manufacture and service of aircraft engines, auxiliary and ground power units, and small turbojet propulsion products. United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries. To learn more about UTC, visit its website at www.utc.com, or follow the company on Twitter: @UTC.
Pratt and Whitney augments third-party logistics with UPS
21 May 2014