Carrier Corp. Sells its Dettson Residential Oil Heating Operations in Canada

Oct 5, 2010

FARMINGTON, Conn., United States

Carrier Corp. has sold its Dettson residential heating operations in Canada to the Ouellet Group, a manufacturer of electric heating systems based in Quebec, Canada. Carrier Corp., a unit of United Technologies Corp. (NYSE:UTX), is the world’s leader in high technology heating, air-conditioning and refrigeration solutions, improving the world around us through engineered innovation and environmental stewardship.

Quebec, Canada-based Dettson is primarily a residential oil heating products manufacturer with revenues of approximately $20 million in 2009 and with 125 employees. It has its headquarters and a 150,000 square foot manufacturing facility in Sherbrooke, Quebec.

“Dettson has a solid reputation for developing high quality residential oil heating products and will continue to provide products for our customers,” said Geraud Darnis, president, Carrier Corp. “We’re pleased that this combination with Ouellet, an electric heating products manufacturer, will enhance its growth potential.”

About Carrier Corp.
Carrier Corp. is the world’s leader in high technology heating, air-conditioning and refrigeration solutions. Carrier experts provide sustainable solutions, integrating energy efficient products, building controls, and energy services for residential, commercial, retail, transport and foodservice customers. Founded by the inventor of modern air conditioning, Carrier improves the world around us through engineered innovation and environmental stewardship. Carrier is a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide.

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