Farmington-based United Technologies Corp. plans to hire 35,000 people, including thousands in Connecticut. UTC also plans to make investments of more than $15 billion in research and development and capital expenditures in the United States over the next five years, the company announced Wednesday.
“United Technologies is growing globally and growing the fastest in the United States,” Gregory J. Hayes, chairman and CEO of United Technologies Corporation said in a statement.
United Technologies employs more than 200,000 people in more than 75 countries. That includes 67,000 employees in the United States and more than 18,000 in Connecticut. UTC said it had added 3,000 jobs in Connecticut in the last three years, which is more than in any other state.
The company said most of the 35,000 positions expected in the U.S. over the next five years will be through workforce retirements, but they also expect several thousand to be new jobs that do not exist today.
Those openings are expected to be across all 50 states with the greatest hiring needs in Connecticut, Florida, and Georgia, a news release from the company says.
In Connecticut, the company plans to grow the actual number of jobs by 2,000 in the next five years, but will hire more than 9,000 people.
Half of the hiring is expected to be in production and maintenance roles while the other half will be professional and managerial positions.
United Technologies said it also expects to invest $15 billion in research and development and capital expenditures over the next five years, with about $9 billion going toward R&D and $6 billion going toward capital expenditures.
Hayes said the recent federal tax reform is driving the $15 billion investment.
“The U.S. now has the most competitive tax regime around the world,” he said.
Among the company’s recent R&D investments is an expanded $60 million United Technologies Research Center “innovation hub” in East Hartford, which houses a $75 million Additive Manufacturing Center of Excellence and a $40 million Engine Compressor Research facility, the company mentioned in the new announcement.