Welcome to our dedicated page for Carrier Gb Cp news (Ticker: CARR), a resource for investors and traders seeking the latest updates and insights on Carrier Gb Cp stock.
Carrier Global Corporation (NYSE: CARR) is described as a global leader in intelligent climate and energy solutions, and its news flow reflects that focus. Company announcements highlight climate solutions spanning temperature control, air quality and transportation, as well as building-management and connected cold chain technologies. Investors and observers following CARR news can see how Carrier communicates its strategy, portfolio actions and technology developments over time.
Recent news has included updates on next-generation rooftop heat pump technology participating in the U.S. Department of Energy’s Commercial Building HVAC Technology Challenge, with commercial field trials and independent testing by organizations such as Oak Ridge National Laboratory and the National Renewable Energy Laboratory. Other releases describe strategic investments by Carrier Ventures in areas like wireless IoT connectivity and vessel network technology to support real-time container visibility at sea, reinforcing the company’s emphasis on intelligent, connected cold chain solutions.
Carrier’s news feed also covers portfolio management and capital allocation decisions, such as a definitive agreement to sell its Riello business to Ariston Group, share repurchase authorizations approved by the Board of Directors and dividend declarations and increases. In addition, there are announcements about participation in investor conferences and acquisitions within its building-management activities, such as Automated Logic Contracting Services, Inc. acquiring assets of CCG Automation, Inc. to expand its building automation presence.
By reviewing the CARR news page, readers can track how Carrier presents its financial performance, including quarterly results furnished via press releases, as well as how it advances its climate and energy solutions strategy. The news stream provides context on developments in commercial HVAC, transportation climate solutions, building automation and corporate actions that shape the company’s long-term direction.
Carrier has launched a new Wi-Fi-enabled smart air purifier as part of its Healthy Homes Program, designed to enhance indoor air quality in homes. The purifier utilizes three filtration technologies including a HEPA filter that captures 99.97% of particles as small as 0.3 microns. It features Smart Auto Mode with 18 fan speeds, and can be controlled via the Carrier Home app, which allows remote monitoring of air quality and filter life. This product aims to meet growing consumer demand for healthier indoor environments.
A study by the University of Colorado Boulder revealed that Carrier air purifiers can reduce airborne particles in K-12 classrooms by 42-67%, significantly improving air quality in older buildings with outdated HVAC systems. Conducted at Cheltenham Elementary School, the research highlighted the effectiveness of Carrier's technology in reducing particulate matter, particularly harmful PM 2.5 levels. Carrier aims to enhance classroom environments without costly infrastructure modifications. Their air purifiers utilize advanced filtration technologies to ensure cleaner indoor air, supporting healthier learning settings for students and staff.
Carrier Global Corporation (NYSE: CARR) has appointed Beth Wozniak to its Board of Directors, effective immediately. Wozniak brings extensive experience, having previously served as CEO of nVent Electric and holding senior roles at Pentair and Honeywell. Her background in applying digital solutions to industrial companies is expected to enhance Carrier's innovative capabilities. Chairman & CEO Dave Gitlin praised her unique skillset as vital for Carrier's growth and commitment to performance and ESG leadership.
Carrier Global Corporation (NYSE: CARR) has declared a quarterly dividend of $0.12 per share, payable on August 10, 2021, to shareholders on record as of June 24, 2021. This announcement highlights Carrier's commitment to returning value to its shareholders. The company positions itself as a leader in providing sustainable building and cold chain solutions, aiming for long-term growth and stability in fluctuating market conditions.
Carrier has successfully acquired a controlling stake in Guangdong Giwee Group and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment Co., Ltd, enhancing its presence in the growing variable refrigerant flow (VRF) and light commercial market projected to reach $20B by 2025. The strategic acquisition aligns with Carrier's goals to expand its geographic footprint and leverage Giwee Group's strengths in HVAC solutions. Completion of the acquisition is anticipated in Q3 2021, subject to regulatory approvals.
Carrier Global Corporation (NYSE:CARR) will participate in a virtual Wolfe Research Global Transportation and Industrials Conference on May 25, 2021, at 11:10 a.m. ET. Senior VP and CFO Patrick Goris is set to speak during the event. The conference will be streamed live on ir.carrier.com, with a replay accessible afterward. With a commitment to sustainable building and cold chain solutions, Carrier aims to enhance safety and comfort worldwide.
Carrier Global Corporation (NYSE: CARR) announced that LU-VE Group has joined its Carrier Alliance program through a strategic long-term agreement. This partnership will allow LU-VE Group to supply engineered components such as heat exchangers and glass doors for Carrier's Commercial HVAC and Refrigeration portfolios. The collaboration aims to enhance heat exchanger technology and focus on sustainable refrigerant solutions. Carrier's Alliance program intends to optimize the supply chain, driving cost savings and growth opportunities for both companies.
Carrier Global Corporation (NYSE:CARR) will participate in the Goldman Sachs 2021 Industrials & Materials Virtual Conference on May 11, 2021, at 1:50 p.m. ET. The event will feature comments from Chairman & CEO Dave Gitlin and SVP & CFO Patrick Goris. Interested parties can listen to the live broadcast at ir.carrier.com, with a replay available afterwards. Carrier focuses on providing healthy, safe, and sustainable building and cold chain solutions, fostering innovation for a better future.
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