Carrier Global to Invest $1 Billion in U.S. Manufacturing

Dow Jones

05-13

By Dean Seal

Carrier Global said it plans to invest an additional $1 billion over the next five years in expanding its U.S. manufacturing footprint and workforce.

The air-conditioning and building-automation company said Tuesday that the investment is expected to create 4,000 highly skilled jobs in research and development, manufacturing and field service.

The investment will also fund the expansion of existing facilities and construction of a new manufacturing site that will support the production of components for heat pumps and battery assemblies essential for the company's Home Energy Management System.

Both expansions are part of Carrier's TechVantage initiative launched in January that aims to train more than 100,000 climate solutions service and sales professionals over the next five years.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

May 13, 2025 07:49 ET (11:49 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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