UTC reaffirms 'commitment to doing business' in U.K. and EU

United Technologies today issued a statement reaffirming "its commitment to doing business in the U.K. and the European Union" following a U.K. vote to exit the EU.

The company said its sales in the U.K. totaled about $2 billion in 2015.

"The process of the U.K.'s withdrawal from the EU will take time and we do not believe it will impact our businesses in the near term,"  UTC Chief Executive Officer Greg Hayes said in the statement. "UTC remains committed to our businesses and their more than 8,000 employees in the U.K."