Carrier, the century-old inventor of the air conditioner, is moving on to the home heat pump [CNBC]
Carrier Global Corporation (CARR)
Company Research
Source: CNBC
Although these devices, which use electricity to generate both air conditioning and heat, have been around for decades, the latest models are much more efficient and cost-effective alternatives to conventional fossil-fuel furnaces and air conditioners. But there are other reasons why heat pumps are fast becoming popular with homeowners. The federal government, as well as an increasing number of states, are offering consumers attractive tax credits and rebates for buying and installing heat pump systems as a way to reduce climate-warming greenhouse gas emissions and propel the transition to renewable energy. All of this is transforming Carrier Global , the nearly 100-year-old manufacturer whose founder, Willis Carrier, invented air conditioning. Over the past year, the Palm Beach Gardens, Florida-based company has been repositioning itself to capitalize on the fast-growing market for heat pumps and other sustainable heating, ventilating and air conditioning (HVAC) technologies. “
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News
- Commercial Refrigeration Equipment Market to Reach US$ 65 Billion by 2032 Driven by Growing Demand in Food and Beverage Industries | Research by SNS Insider [Yahoo! Finance]Yahoo! Finance
- Carrier Survey: U.S. Executives Prioritize Sustainability for 2025, with Building Decarbonization Leading the WayPR Newswire
- Carrier Global Co. (NYSE: CARR) had its price target raised by analysts at Bank of America Co. from $72.00 to $80.00. They now have a "neutral" rating on the stock.MarketBeat
- Carrier Completes Department of Energy's Cold Climate Heat Pump Challenge: Transformative Innovation Set for 2024 Commercial RolloutPR Newswire
- Carrier Global Corporation (CARR) Morgan Stanley's 12th Annual Laguna Conference (Transcript) [Seeking Alpha]Seeking Alpha
CARR
Earnings
- 7/25/24 - Beat
CARR
Sec Filings
- 8/28/24 - Form 144
- 8/15/24 - Form 8-K
- 8/9/24 - Form 4
- CARR's page on the SEC website