Hamilton Sundstrand Acquires Spain-based Marelli Pumps

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Thu Jul 31, 2008 10:06am EDT

WINDSOR LOCKS, Conn., July 31 /PRNewswire/ -- Hamilton Sundstrand, a
subsidiary of United Technologies Corp. (NYSE: UTX), has acquired
privately-held Marelli Pumps, a leader in the design and manufacture of heavy
duty centrifugal pumps. Terms of the deal were not disclosed.
    Marelli, based in Illescas, Toledo, Spain, supplies a wide range of
centrifugal pumps for customers in the oil, petrochemical, chemical,
industrial process, water and firefighting industries. It has approximately
euros 30 million in annual sales and operates in Spain, Southern Europe and
the Middle East. It will become part of Sundyne, one of Hamilton Sundstrand's
three industrial companies.
    "We are extremely pleased to have Marelli, and its 150 employees, join the
Hamilton Sundstrand Industrial team," said Stephen Oswald, president of
Hamilton Sundstrand's Industrial division. "This acquisition expands the oil
and gas product offering to our customers and provides opportunities to expand
Marelli geographically."
    The Hamilton Sundstrand Industrial division includes Milton Roy, Sundyne
and Sullair.
    Headquartered in Arvada, Colo., Sundyne Corp. is a leading global
manufacturer of engineered pumps and compressors serving process industries
worldwide. Additional information can be found at http://www.sundyne.com.
    With 2007 revenues of $5.6 billion, Hamilton Sundstrand employs
approximately 19,000 people worldwide and is headquartered in Windsor Locks,
Conn. Among the world's largest suppliers of technologically advanced
aerospace and industrial products, the company designs, manufactures and
services aerospace systems and provides integrated system solutions for
commercial, regional, corporate and military aircraft. It also is a major
supplier for international space programs.
     United Technologies, based in Hartford, Conn., is a diversified company
providing high technology products and services to the global aerospace and
building industries.

    Contact:  Dan Coulom
              860-654-3469


SOURCE  Hamilton Sundstrand

Dan Coulom of Hamilton Sundstrand, +1-860-654-3469
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