Carrier Breaks Ground on New Manufacturing Facility in Argentina

June 30, 2008

BUENOS AIRES, Argentina

Carrier Corp., a unit of United Technologies Corp. (NYSE:UTX), broke ground in Tierra del Fuego for construction of a sustainable air-conditioning unit manufacturing facility.  Demonstrating Carrier’s commitment to Argentina, the plant will satisfy the HVAC demands of the local market and will be built to Silver certification standards, set by The Leadership in Energy and Environmental Design (LEED) Green Building Rating System™.

Located on a 4.5 hectare plot of land in the locality of Río Grande, the facility will be able to produce approximately 180,000 residential air-conditioning units annually. Carrier will invest approximately $15 million (U.S. dollars) in the construction and expects to begin production in 2009. The company expects to employ approximately 400 people at the plant during peak seasons.

When completed, the facility will be certified as LEED Silver. LEED is the U.S. acceptable benchmark for the design, construction and operation of high-performance green buildings. It promotes a whole-building approach to sustainability, recognizing performance in five key areas of human and environmental health: sustainable site development, water savings, energy efficiency, materials selection and indoor environmental quality.

About Carrier Corp.
Carrier Corp., headquartered in Farmington, Conn., is the world’s largest provider of heating, air-conditioning and refrigeration solutions. With 2007 revenues of $14.6 billion, Carrier has approximately 43,000 employees worldwide and operations in more than 170 countries. Carrier is part of United Technologies Corp., a Hartford, Connecticut-based provider of a broad range of high technology products and support services to the aerospace and building systems industries worldwide. Visit www.carrier.com for more information.