Carrier to invest $600M in new Texas facility, creating 1,500 jobs and boosting U.S. manufacturing.

Carrier Global Corporation announced a $600 million investment over three years to build a new advanced manufacturing and engineering center in Fort Worth, Texas. This expansion aims to support record backlog levels driven by strong demand in data centers, healthcare, education, and industrial markets. The new facility, spanning over one million square feet, will enhance commercial chiller production and strengthen Carrier's U.S. supply chain and operations. The project will create 1,500 jobs and promote workforce development, reinforcing Carrier's commitment to domestic manufacturing and growth in the HVAC sector.

Carrier Global Corporation's stock trades at USD 56.36 on Pluang as of Oct 22, 2026 17:13 WIB, close to its 52-week low of USD 50.36 and well below its 52-week high of USD 76.00. Despite the announced $600 million investment to expand manufacturing capacity, the stock shows a slight 1-day decline of 0.19%. The market cap stands at $46.55 billion, reflecting investor valuation amid ongoing growth initiatives.