Carrier Corporate News

FOR IMMEDIATE RELEASE  

CARRIER REALIGNS NORTH AMERICAN RESIDENTIAL AND COMMERCIAL BUSINESSES

SYRACUSE, NY, Dec. 8 -- Carrier has integrated its Commercial Applied and Commercial Unitary businesses and is expanding its Residential business to form an organization that more closely reflects the needs of its customers.

Guy Fauconneau, president of Carrier's North American Operations, said the formation of the Commercial Systems division will strengthen the company's appeal to its commercial customers by responding to their desire for a seamless range of commercial products and services.

John Malloy was appointed vice president and general manager of the new division. Commercial Systems will be responsible for the applied and large packaged products manufactured both in Syracuse and in Carrier's McMinnville, Tenn. factory, as well as the Building Systems and Services organization.

Malloy, who holds a Ph.D. in economics from Syracuse University, joined United Technologies in 1982 and moved to Carrier Transicold in 1985. He was vice president of the global truck and trailer refrigeration business. Jim Dudas, who served as vice president and general manager of the Commercial Unitary Systems business, is retiring and will assist Malloy in the transition.

Carrier's Residential Products business has been expanded to include the company's Light Commercial products manufactured in Tyler, Texas. The realignment is designed to leverage the market relationships which exist in the distribution and sales of residential, small packaged equipment and small rooftop units, Fauconneau said.

The Residential and Light Commercial Products division will be headed by Frank Hartman, who served as vice president and general manager of Residential Products.

Fauconneau also announced the appointment of Roger Morey to the position of vice president, business development. Morey, former vice president and general manager of the Commercial Applied Equipment and Services business, will focus on growth in non-conventional market channels including retail, industry consolidators, utilities, acquisitions, strategic partnerships, national accounts and performance contracting.

"I am convinced these changes will strengthen Carrier by helping us respond better to the changing expectations of our customers," Fauconneau said in making the announcement. "We will be able to participate more fully in an expanding marketplace while leveraging the power of our long standing relationships with the finest distribution partners in the HVAC industry."

Carrier Corporation is the world's largest manufacturer of heating and air conditioning systems and equipment.It is a subsidiary of United Technologies Corporation, provider of a broad range of high-technology products and support services to the aerospace, building systems and automobile industries.

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