UTC: Bad Parts Caused Esclator Death

HARTFORD, Conn. (AP) _ The chief financial officer of United Technologies Corp. says a supplier furnished substandard parts that caused a fatal accident on an Otis escalator in a Beijing subway station.

CFO Greg Hayes told investor analysts in a conference call Wednesday that Otis escalator sales in the Beijing area were suspended following a fatal accident July 5. He says no financial impact is expected.

Hayes was responding to a question from an analyst as the Hartford conglomerate released its second-quarter financial results.

He said Otis, a subsidiary of United Technologies, has inspected more than 40 of 200 escalators and all will be back in working order.

Otis blamed the accident on a machine part that failed to stay in place. The Farmington-based company did not confirm details of the accident or the death.


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