Carrier to invest more than $600 million in new Texas facility
Carrier to invest more than $600 million in new Texas facility Oct 22 (Reuters) - 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))
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