Carrier becomes independent, publicly traded company
April 6, 2020 | By HPAC Magazine
HVAC company's spin-off complete from United Technologies Corp.
Shares of Carrier began trading on the New York Stock Exchange Friday, April 3 at market open under the symbol “CARR.”
The longstanding manufacturer of HVAC, refrigeration, and fire & security technologies, Carrier has an extensive global footprint with approximately 53,000 employees, offering solutions in more than 160 countries.
“Against the backdrop of unprecedented global uncertainty, Carrier and its employees remain focused and continue to solve critical challenges – from improving indoor air quality, protecting the world’s food and pharmaceutical supply and keeping people safe and secure,” said Carrier president/CEO Dave Gitlin.
“We are a world leader in providing energy-efficient solutions for buildings around the world. We are deeply committed to driving a leadership position in sustainable solutions for the planet and for future generations,” said Gitlin. “As a standalone company, we have the ability to leverage our legacy of industry leadership and sustainability to address the challenges of today and tomorrow while executing our vision and growth strategy.”