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Rockwell UTC merger eyed for Iowa synergies and jobs outlook
Rockwell Collins and United Technologies seek about 500 million in synergies within four years. In Iowa about 8,000 Rockwell employees in Cedar Rapids and 1,350 in Coralville Decorah Bellevue and Manchester, plus 30,000 worldwide. Officials say few jobs will be cut mainly at executive levels, with retention of retirement plans and commitment to continue community support as discussions on base location progress. Local leaders expect minimal disruption and emphasize strong ties to Iowa. state agencies plan to advocate for maintaining headquarters in Iowa.
MENTIONED IN THIS ARTICLE
Iowa
Rockwell
Cedar Rapids
Coralville
Decorah
Bellevue
Manchester
UTC
Hayes
CNBC
Ortberg
Whirlpool
Maytag
Newton
Jeff Pomeranz
Ron Corbett
United Technologies
Cedar Rapids Metro Economic Alliance
Rockwell Collins
Collins Aerospace
Kim Reynolds
Reynolds
Dow
DuPont
Durham
Kelly Ortberg
Farmington, Conn
Greg Hayes
United Technologies Corp
Pratt and Whitney
Otis Elevator Co
UTC Climate, Controls and Security
UTC Aerospace Systems
Charlotte
N.C
Aerospace Systems
Collins Aerospace Systems
Richard Alboulafia
Teal Group
Virginia
Rockwell-Utc
Boeing