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

The planned capacity expansion supports record commercial HVAC backlog levels and a growing pipeline across several markets.

Rhea-AI Summary

Carrier Global (CARR) plans to invest more than $600 million in a new manufacturing and engineering center in Fort Worth, Texas. The investment will span the next three years and expand U.S. capacity for thermal management systems, including air- and water-cooled commercial chillers.

Operations at the more than 1-million-square-foot facility are expected to begin in 2027. Carrier expects the investment to create 1,500 jobs in manufacturing, engineering and other roles. The expansion supports record commercial HVAC backlog levels and a growing pipeline across markets including data centers and healthcare. Carrier also plans to partner with local schools and colleges to develop skilled workers.

4 points · 0 major

PositiveiHow this balance works

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0 major · 1 point

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate point. Forward-looking: it has not happened yet and may not happen.Planned Fort Worth center will expand U.S. commercial chiller manufacturing and engineering capacity.
• Moderate pointCommercial HVAC record backlog levels accompany a growing pipeline across multiple markets.
• Minor point. Forward-looking: it has not happened yet and may not happen.Facility operations are expected to begin in 2027.
• Minor point. Forward-looking: it has not happened yet and may not happen.Planned local school and college partnerships will help prepare skilled workers.

Negative

• Moderate point. Forward-looking: it has not happened yet and may not happen.Planned investment requires more than $600 million over the next three years.

Key Figures

Planned investment: More than $600 million Facility size: More than 1 million square feet Jobs created: 1,500 jobs +1 more

Planned investment

More than $600 million

Over the next three years; new manufacturing and engineering center

Facility size

More than 1 million square feet

New Fort Worth facility

Jobs created

1,500 jobs

Advanced manufacturing, engineering and other roles

Expected operations start

2027

New Fort Worth facility

Key Terms

hvac, leed certification

2 terms

hvac technical

"commercial HVAC business"

HVAC stands for heating, ventilation and air conditioning — the systems that control temperature, airflow and indoor air quality in buildings. Investors care because HVAC drives operating costs, energy use, tenant comfort and regulatory compliance; like the engine and insulation of a building, efficient modern systems can lower bills, reduce repair and replacement spending, and preserve property value, while outdated units can create unexpected expenses and vacancy risk.

leed certification technical

"expected to pursue LEED® certification"

LEED certification is a widely recognized rating that shows how sustainably a building is designed, constructed and operated, similar to a fuel-efficiency label for cars. Investors care because higher LEED levels often mean lower energy and water bills, better tenant demand, potential tax or regulatory benefits, and reduced long-term environmental and regulatory risk—factors that can improve a property’s operating cash flow and resale value.

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• Investment supports record backlog levels driven by strong demand across data centers, healthcare, education, industrial markets and other key verticals
• More than 1-million-square-foot facility will expand commercial chiller production and strengthen U.S. operations and supply chain footprint
• Creates 1,500 jobs, advances highly skilled workforce development and establishes a new manufacturing and engineering center

PALM BEACH GARDENS, Fla., Oct. 22, 2026 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced plans to invest more than $600 million over the next three years in a new advanced manufacturing and engineering center in Fort Worth, Texas. Carrier has transformed its commercial HVAC business, leading to record backlog levels and a robust and growing pipeline across many key verticals. The new state-of-the-art site demonstrates Carrier's confidence in its growth in this business and furthers Carrier's commitment to domestic manufacturing as the largest U.S.-headquartered company in its industry.

"This investment reflects the strong demand we are securing for high-performance, energy-efficient solutions and underscores our confidence in the future of American manufacturing," said Carrier Chairman & CEO David Gitlin. "By expanding our U.S. manufacturing and engineering footprint, we are increasing capacity for critical technologies, strengthening supply chain resilience and creating high-quality jobs. We are proud to partner with the Fort Worth community and the State of Texas as we invest in the workforce, innovation and manufacturing capabilities needed to support our customers' growth for decades to come."

This investment supports Carrier's commercial momentum, expanding the company's U.S. manufacturing capacity for advanced thermal management systems, including air- and water-cooled commercial chillers, and helping customers meet growing demand for intelligent climate and energy solutions across data centers, healthcare, education, industrial markets and other key verticals.

Carrier is expected to begin operations in the more than 1-million-square-foot facility in 2027. The investment will create 1,500 advanced manufacturing, engineering and other jobs. Consistent with Carrier's 2030 Sustainability and Impact Goals, the new Fort Worth center is expected to pursue LEED^® certification. Fort Worth was selected because of its highly skilled workforce, strong manufacturing base and strategic location that will support the facility's long-term growth and success.

"I'm proud that Fort Worth continues to be one of the top cities in the nation for advanced manufacturing, and this investment by Carrier is just the latest example of the momentum we're building," said Fort Worth Mayor Mattie Parker. "With the creation of 1,500 high-quality jobs, this project will add to Fort Worth's manufacturing hub at AllianceTexas while strengthening our energy and technology industries for years to come."

"The Fort Worth momentum continues. This new investment from Carrier is a powerful statement about what's possible in our city. It demonstrates that Fort Worth is rapidly becoming a center of choice for advanced manufacturing and engineering services — a destination where companies choose to come to invest, expand and grow," said President and CEO of Fort Worth Economic Development Partnership Robert Allen.

"Carrier's decision to invest in Fort Worth and create new jobs is a significant win for our region," said Ross Perot Jr., Chairman of Hillwood and The Perot Companies. "A global company of Carrier's scale choosing AllianceTexas underscores our region's momentum in advanced manufacturing and the strength of the workforce, infrastructure and supply chain connectivity that continue to attract major employers. We're proud to welcome Carrier and look forward to having them as part of this community."

"With nearly half a million manufacturing jobs open today in the U.S., building the workforce of tomorrow is just as important as building the facilities of tomorrow. By creating good-paying skilled jobs and workforce training opportunities, Carrier is making an investment not only for this community, but in America's long-term competitiveness and economic growth," said the National Association of Manufacturers.

This landmark facility represents the next chapter in Carrier's legacy of innovation, combining state-of-the-art engineering labs with dedicated workforce development organizations. Carrier will partner with local schools and colleges to help prepare the next generation of skilled talent.

For more information on Carrier's commitment to American manufacturing, community partnership and sustainability, visit https://www.carrier.com.

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About Carrier 
Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive workforce that puts the customer at the center of everything we do. For more information, visit carrier.com or follow Carrier on social media at @Carrier.

Carrier. For the World We Share.

CARR-IR

Contact:

Media Inquiries
Kristina Pantelides
561-236-4241
Kristina.Pantelides@Carrier.com 

Investor Relations
Michael Rednor
561-365-2020
InvestorRelations@Carrier.com

               

 

 

 

 

View original content:https://www.prnewswire.com/news-releases/carrier-to-invest-more-than-600-million-to-expand-advanced-us-manufacturing-and-engineering-capacity-302916232.html

SOURCE Carrier Global Corporation

FAQ

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How much will Carrier invest in its new Fort Worth manufacturing center?

Carrier plans to invest more than $600 million over the next three years in a new manufacturing and engineering center in Fort Worth, Texas. The project will expand U.S. production capacity for thermal management systems, including commercial chillers.

When will Carrier's Fort Worth facility begin operations?

Carrier expects operations at the Fort Worth facility to begin in 2027. The facility will cover more than 1-million-square-foot, and the investment is expected to create 1,500 jobs in advanced manufacturing, engineering and other roles.

Why did Carrier choose Fort Worth for its new manufacturing center?

Carrier selected Fort Worth for its highly skilled workforce, manufacturing base and location, which the company expects to support the facility's long-term growth.