Carrier to Invest More Than $600 Million to Expand Advanced U.S. Manufacturing and Engineering Capacity

Carrier Global plans to invest over $600M in a new 1M+ sq ft facility in Fort Worth, Texas, creating 1,500 jobs. The project, supported by $10.9M in tax abatements, aims to meet strong demand for HVAC systems. The company cited record backlog levels across various markets. The facility is set to open in 2025, expanding Carrier's U.S. manufacturing capacity for thermal management systems.

Carrier plans to invest $600M over three years to convert half of a 1.2M SF building in Fort Worth into an advanced manufacturing hub, creating 1,500 jobs. The facility will produce commercial chillers for data centers, healthcare, and other sectors. According to Bisnow, this investment is part of a broader trend of manufacturing growth in the AllianceTexas area, with other companies like Celestica and Wistron also expanding there.

Hyundai Translead, Carrier Global Corp., and Blue Bird Corp. announced over $1.6B in U.S. manufacturing investments, creating 5,625 jobs. Hyundai Translead increased its Illinois investment to $600M, adding 1,250 jobs. Carrier plans a $600M Texas facility for thermal management systems, starting operations in 2027.

Carrier Global Corp. plans to invest $600M over three years to expand a Fort Worth facility, adding manufacturing and engineering capacity for thermal management systems. The project, expected to create 1,500 jobs, aims to enhance supply chain resilience and support data center and industrial markets. Operations are anticipated to begin next year, according to the company.

Carrier Global Corporation, a U.S. HVAC manufacturer, plans to invest $600 million in a Fort Worth factory, creating 1,500 jobs. The facility will produce commercial chillers, addressing record backlog levels in the company's commercial business. Carrier cited Texas' business-friendly environment and skilled labor as key factors in its decision, with production expected to start in summer 2024.

Carrier Global (CARR) plans to invest $600M in a new Texas facility over 3 years, creating 1,500 jobs. The site, set to open in 2027, aims to boost domestic manufacturing and supply chain resilience. CARR's stock was down 0.51% in pre-market trading at $56.18.