From Reuters, May 13:
Carrier Global on Tuesday announced plans to invest $1 billion over five years in the United States, in response to President Donald Trump's policies encouraging domestic production.
Global firms are boosting their investments and presence in the U.S. after Trump's policies have pushed companies across sectors, including Apple and Ford to produce within the country and generate jobs.The additional headwind from Trump's tariffs has also caused companies to rethink their supply chains.Carrier said the move would generate 4,000 jobs, as it aims to hire 1,000 U.S. service technicians, and train over 100,000 climate solutions service and sales professionals over the next five years....
And from Carrier Global, May 13:
Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced plans to invest an additional $1 billion over five years in U.S. manufacturing, innovation and workforce expansion, incremental to its ongoing commitments to American operations. The investment is expected to create 4,000 highly skilled jobs in R&D, manufacturing and field service.
"This investment marks the next chapter in our commitment to U.S. manufacturing," said David Gitlin, Chairman and CEO, Carrier. "We are building for the future by creating high-quality, skilled trade careers and empowering American workers to lead the next generation of manufacturing. At the same time, it positions Carrier to capture the tremendous growth ahead in our industry and deliver smart, differentiated solutions for our customers."
The additional investment will fund the 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 - both essential to Carrier's Home Energy Management System (HEMS). It will also accelerate next-generation R&D, including innovations in liquid cooling for data centers and battery-enabled climate solutions technologies developed under Carrier Energy, the company's bold, in-house start up focused on optimizing home energy use and supporting grid flexibility....
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