Palm Beach Gardens, Florida, USA: Carrier Global Corporation announced it completed its spinoff from United Technologies and now trades as an independent company on the New York Stock Exchange.
“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,” Dave Gitlin, chief executive, Carrier said.
Carrier has leading positions in critical segments, including North American residential HVAC, commercial HVAC equipment in major markets, global fire detection and suppression, global access controls for security systems, and refrigerated equipment for the North American and European truck, trailer and container businesses.
“For more than a century, Carrier has been a symbol of excellence, and today, as a standalone company, we have defined our own strategy, vision, culture and priorities. We have an unmatched legacy and look forward to delivering sustainable long-term growth to our shareowners and other stakeholders,” Gitlin said.
As an independent company, Carrier will have greater focus and enhanced agility based on its own distinct operating priorities and strategies for long-term growth and profitability, including strengthening and growing its core businesses, extending its product range and geographical coverage, and expanding service and digital offerings, the company says.
