Compressed Air Best Practices - February 2008 - (Page 49)

Compressed Air Industry BULK HANDLING | 02/08 | New York, December 13, 2007 — United Technologies Corp. (NYSE:UTX) During a meeting with analysts today, United Technologies Corp. President and COO Louis Chênevert affirmed the company’s expectation for 2007 earnings per share growth of 14 percent, or a range of $4.22 to $4.25 per share. Chênevert also projected 2008 earnings per share of $4.65 to $4.85, growth of 10 to 14 percent. The company anticipates 2007 cash flow from operations less capital expenditures in the range of net income. “UTC will have a solid finish to 2007, and we continue to expect earnings per share growth of 14 percent for the year,” said Chênevert. “Strength in aerospace and commercial construction markets more than offset continued deterioration in the U.S. residential HVAC market. Cash flow from operations less capital expenditures will be in the range of net income, in spite of inventory growth to support the ongoing strong organic revenue growth. “We expect another year of solid performance in 2008, as UTC’s strong portfolio of market leading businesses and experienced management team continue to deliver outstanding results. UTC is uniquely positioned to capitalize on continued worldwide growth with more than 60 percent of revenue generated outside of the United States. Prospects for future earnings growth are fueled by our ACE operating system, which is driving productivity improvements across our businesses. We also see strong market acceptance of UTC’s new products across our entire portfolio from Otis’ Gen 2 to Pratt & Whitney’s Geared Turbofan engine,” Chênevert continued. Revenues are expected to increase to $59 billion in 2008 on mid single digit organic growth with solid operating profit growth in all six businesses. We expect cash flow from operations less capital expenditures to equal net income in 2008. Share repurchase is expected to be $2.0 billion for the full year. BP Company COMPRESSED AIR BEST PRACTICES MAGAZINE www.airbestpractices.com ADVERTISER INDEX Page Web Site Kaeser Compressor Outside Back Cover Inside Back Cover Inside Front Cover 3 5 7 9 11 13 15 19 25, 33 43 www.kaeser.com WESTEC www.sme.org/westec Atlas Copco www.atlascopco.com Hitachi Sullair Belair Technologies Chicago Pneumatic Bauer Compressors COAIRE Technologies Mikropor America UE Systems Numatics Air Preparation Globalcon www.hitachi.us/airtech www.sullair.com www.belairtech.net www.cp.com www.bauercomp.com www.coaire.com www.mikroporamerica.com www.uesystems.com www.numatics.com www.globalconevent.com JANUARY 9, 2008 PRICE PERFORMANCE SYMBOL LAST PRICE 1 MONTH 6 MONTHS 12 MONTHS Parker-Hannifin Ingersoll Rand Gardner Denver United Technologies Donaldson EnPro Industries SPX Corp PH IR GDI UTX DCI NPO SPW $66.01 $39.98 $30.49 $71.79 $41.50 $26.70 $95.11 -16.8% -20.8% -9.9% -4.4% -9.8% -10.8% -8.2% 2.2% -25.2% -28.4% 2.9% 19.3% -37.0% 6.1% 33.3% 4.3% -11.7% 19.1% 25.3% -13.0% 58.6% www.airbestpractices.com 49 http://www.airbestpractices.com http://www.kaeser.com http://www.sme.org/westec http://www.atlascopco.com http://www.hitachi.us/airtech http://www.sullair.com http://www.belairtech.net http://www.cp.com http://www.bauercomp.com http://www.coaire.com http://www.mikroporamerica.com http://www.uesystems.com http://www.numatics.com http://www.globalconevent.com http://www.airbestpractices.com

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Compressed Air Best Practices - February 2008 Contents From the Editor Utility-Air News February Audit of the Month: Dense-Phase Transport System Wreaks Havoc on Compressed Air System Real World Best Practices: Material Conveying with Pneumatic and Vacuum Systems Industrial Vacuum Cleaners Use Compressed Air in Portland Cement Manufacturing Processes The Numatics Air Preparation Group The Ins and Outs of Vacuum Generators Dekker Vacuum Technologies Do Your Meetings Sabotage Your Profits? Resources for Energy Engineers Wall Street Watch Advertiser Index Job Market

Compressed Air Best Practices - February 2008

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