UTC splitting into 3 companies, possibly bringing new opportunities to Palm Beach County

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    United Technologies Corp. has announced it will split into three companies — and that could mean new opportunities for Palm Beach County.

    The Farmington, Conn.-based company’s plans will turn its Otis elevator and Carrier air-conditioning businesses into two separate entities. The third company, under the UTC umbrella, will be the newly named Collins Aerospace and Pratt & Whitney, according to the company’s news release Monday.