PULSE POINTS:
❓What Happened: Carrier announced a $1 billion investment in U.S. manufacturing over five years, creating 4,000 jobs.
👥 Who’s Involved: Carrier, led by Chairman and CEO David Gitlin, and President Donald J. Trump.
📍 Where & When: Announced Tuesday, May 13, 2025, with investments across the U.S. manufacturing sector.
💬 Key Quote: “We are building for the future by creating high-quality, skilled trade careers and empowering American workers to lead the next generation of manufacturing,” said David Gitlin.
⚠️ Impact: The investment will expand facilities, build a new manufacturing site, and accelerate R&D in energy solutions, boosting U.S. manufacturing and innovation.
IN FULL:
Carrier, a global leader in climate control and energy solutions, revealed plans on Tuesday to invest $1 billion in U.S. manufacturing over the next five years, a move expected to create approximately 4,000 jobs. The company announced the initiative, which focuses on expanding manufacturing, innovation, and workforce development, in a press release.
The investment will include expanding current facilities and building a new advanced manufacturing site. These efforts will support the production of critical components for heat pumps and battery assemblies, both integral to Carrier’s Home Energy Management System (HEMS).
“This investment marks the next chapter in our commitment to U.S. manufacturing,” said Carrier’s Chairman and CEO David Gitlin. “We are building for the future by creating high-quality, skilled trade careers and empowering American workers to lead the next generation of manufacturing.”
The initiative will also drive research and development in next-generation technologies, including liquid cooling for data centers and battery-enabled energy and power solutions. These advancements will be spearheaded by Carrier Energy, an in-house startup focused on optimizing home energy use and enhancing grid flexibility.
Gitlin emphasized the broader implications of the investment, stating, “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 announcement aligns with broader efforts to bolster U.S. manufacturing, with President Donald J. Trump enacting trade tariffs to protect domestic industry and American workers from foreign predation. The White House’s investment tracker highlights numerous major commitments, attributing them to trade and tax policies that encourage domestic production.
While the investment announcement is welcome news, Carrier made a similar pledge in December 2016 regarding an effort to save American jobs, but failed, in part, to uphold its end of the agreement.
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