Diversification strategies: United Technologies and Tyco International Ltd.
Both of the two countries are from United States. United States Corporation (UTC) is a diversified company whose products include Carrier heating and air conditioning, Otis elevators and escalators, Hamilton Sundstrand aerospace systems and industrial products, UTC fire & Security systems, Pratt & Whitney aircraft engines, and UTC Power fuel cells (see appendix I). The success of diversification at UTC has been so profound such that some these portfolios are better known than UTC itself. On the other hand, Tyco International is also a diversified manufacturer that from the outset in late 1990 looked as the next General Electric. Tyco provides security product and services, fire protection and detection products and services, valves and controls, and other industrial products. It main segment are the Flow Control, ADT Worldwide, Fire Protection Services, Safety products and, Electrical and Metal Products (see appendix II). UTC is the 44th largest US Corporation and does business in approximately 180 countries. The net sales for the year 2010 amounted to $ 54.3 billion. On 2010, Tyco announced plans to separate into three independent, publicly traded companies. Tyco has not been performing well since 2007. In 2009, the corporation had a net income loss of 1.7 billion with only a slight improvement in 2010 when it had a net income of 1.2 billion. It is present in all U.S states and operates in more than 60 countries around the world.
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