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SMALL BUSINESS
Raytheon promises 10 percent cut in gas emissions
AP
WALTHAM, Mass. -Defense contractor Raytheon Co. promised Tuesday to reduce its U.S. greenhouse gas emissions by 10 percent between 2008 and 2015.
The Waltham, Mass., company said it reduced greenhouse gas emissions from its U.S. operations by 38 percent between 2002 and this year, adjusting for revenue and inflation. This equates to 275,000 metric tons of greenhouse gas emissions.
Raytheon said it upgraded chillers, boilers and heating, ventilating and air conditioning systems, installed high-efficiency and sensor-controlled lighting, converted to variable-speed drives for motors, pumps and fans and made other improvements.
Shares rose 16 cents to $46.02 in afternoon trading.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-10-13 13:26:24
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