Picture of Carrier Global logo

CARR — Carrier Global News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsBalancedLarge CapNeutral

Carrier to invest more than $600 million in new Texas facility

Carrier to invest more than $600 million in new Texas facility

- Carrier Global CARR.N said on Thursday it will invest more than $600 million over the next three years in a new advanced manufacturing and engineering center in Fort Worth, Texas.


Here are some details:

  • The heating, ventilation and cooling solutions provider said the investment responds to record backlog and strong demand from data centers, healthcare, education, industrial markets and other verticals

  • Carrier has benefited from the AI boom as data centers ramp up demand for cooling

  • The facility, spanning over 1 million square feet, will open in 2027 and create 1,500 jobs, Carrier said.

  • The company expects the investment to expand its US production of advanced thermal management systems, including air- and water-cooled commercial chillers, while strengthening its domestic operations and supply chain


(Reporting by Miraanta Lowrance in Bengaluru; Editing by Vijay Kishore)

((miraanta.lowrance@thomsonreuters.com))

Recent news on Carrier Global

See all news