March 25, 2017 9:18 AM ET

Machinery

Company Overview of Carrier Corporation

Company Overview

Carrier Corporation provides heating, air-conditioning, and refrigeration solutions. It offers home comfort systems ranging from furnaces and central air conditioners to heat pumps and ductless systems; a range of air quality solutions, including humidifiers, ventilators, ultraviolet lamps, air filters, and monitors; and solutions for heating, air conditioning, building automation, and energy services for the building lifecycle. The company also provides transport refrigeration equipment, cold chain monitoring solutions, and replacement components for food supply and other perishable cargo; and commercial refrigeration products, such as service counters, refrigerated multidecks and semi-vert...

One Carrier Place

Farmington, CT 06034-4015

United States

Founded in 1915

Phone:

860-674-3000

Fax:

860-674-3139

Key Executives for Carrier Corporation

Senior Vice President of Operations
Compensation as of Fiscal Year 2016.

Carrier Corporation Key Developments

Carrier and Goodman Announce Settlement and Patent License Agreement

Carrier and Goodman Manufacturing Co., L.P. announced a settlement of Carrier's patent infringement lawsuit against Goodman, and Goodman's counterclaims, concerning Carrier's Infinity® technology, which automatically configures heating, ventilating and air conditioning (HVAC) systems to work together upon installation. The agreement resolves litigation pending in the U.S. District Court for the District of Delaware. The specific terms of the agreement are confidential.

Carrier Releases New VRF Two-Pipe Heat Pump and Heat Recovery Systems Line

Carrier Corporation has announced the release of the new variable refrigerant flow (VRF) two-pipe heat pump and heat recovery systems line. The new two-pipe heat pump and heat recovery VRF systems line offers a modular design and the industry's most compact 20-ton heat recovery unit, which will save valuable space. These new products will offer a tonnage range of up to 36 tons for heat pump systems, up to 28 tons on heat recovery systems, and multiple styles of indoor units with a variety of controls offerings. The heat pump is a modular design available as single, dual and triple modules while the heat recovery system is a single-cabinet design with small, medium and large cabinet offerings. The systems are equipped with direct-drive, inverter-driven asymmetric scroll compressors with backup capability available on some models based on tonnage.

Carrier Introduces New Toshiba Carrier Single-Phase VRF Heat Recovery System

Carrier Corporation has introduced its new Toshiba Carrier single-phase variable refrigerant flow, or VRF, heat recovery system that will offer twinning capability to achieve greater capacity. This new VRF system is part of a larger introduction of Carrier commercial VRF products that offer greater installation flexibility, improved zoning control and enhanced efficiency. Carrier, a world leader in high-technology heating, air-conditioning and refrigeration solutions, is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. The Toshiba Carrier single-phase VRF heat recovery system is the first of its kind in the heating and cooling industry to offer coupling ability to increase tonnage capability. Modules are available in 6- and 12-tons and can be combined to form larger systems. The 6-ton unit can be paired with up to 12 multiple style indoor units while the 12-ton outdoor unit can be matched with up to 25 multiple style indoor units. The system is powered by a direct-drive, inverter-driven 64-step outdoor motor and features backup capability to its multiple compressors. The system comes equipped with up to 330 feet (100 m) of outdoor control wiring as well as 985 feet (300 m) of actual total system piping (liquid line). The operating temperature ranges from 14 degrees to 122 Fahrenheit for cooling and from -13 to 60 Fahrenheit in heating mode. The modules boast two or three inverter-driven twin rotary compressors and backup capability due to multiple compressors.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 14, 2017
Carrier Enterprise Northeast, LLC
Merger/Acquisition
November 30, 2016
Carrier Enterprise Northeast, LLC
Private Placement
November 30, 2016
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