Some choice quotes: “We’ve shifted an abundant part of our manufacturing footprint to relatively lower cost countries, about two-thirds,” said Mr. McDonough, p

Some choice quotes: “We’ve shifted an abundant part of our manufacturing footprint to relatively lower cost countries, about two-thirds,” said Mr. McDonough, president of the climate, controls and security division of United Technologies. “Still, there’s some opportunity there.” .. “Our company, with American workers,” he added, “builds a heck of a lot of stuff in the U.S.” I feel really bad they have to resort to these kinds of tactics to increase shareholder value. I guess when you have a really banal business making things like air conditioners that hasn't innovated in years the only thing left is to reduce costs to stay competitive? Methinks they should outsource the managements' jobs too.