Carrier Global Corporation (CARR), an air conditioning, heating, ventilation, and refrigeration solutions provider, said on Tuesday that it plans to invest an additional $1 billion over five years in U.S. to boost its manufacturing, innovation, and workforce expansion. This investment is expected to create 4,000 highly skilled jobs in research and development, manufacturing, and field services.
The additional investment will fund the company's expansion of existing facilities and construction of a new state-of-the-art manufacturing site to support the production of highly engineered components for heat pumps and battery assemblies. It will also accelerate next-generation research and development.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.