Foreign Economic Policies Criticized
(Harry J. Gray, chairman, president and chief executive officer of United Technologies, recently discussed the changing international business environment before industrial and economic leaders in Syracuse, N. Y. Syracuse is headquarters for Carrier Corp., Which is merging With United Technologies [AW&ST Apr. 30, p. 33). Excerpts from his remarks appear below—Ed.) The 1970s saw the emergence of the great corporations of Europe and Asia — Mitsubishi and Matsushita of Japan, Siemens and Thyssen of Germany, Unilever of Great Britain, Philips of the Netherlands.