Carrier Global Corporation Trading Volume Plummets to $375 Million Ranking 52nd in Daily Decline

On May 14, 2025, Carrier Global Corporation (CARR) experienced a significant decline in trading volume, with a total of $375 million in shares traded, marking a 52.77% decrease from the previous day. The company's stock price also fell by 1.73%.

Carrier Global Corporation has announced a substantial investment of $1 billion over the next five years to expand its U.S. manufacturing capabilities, innovation, and workforce. This investment is expected to create 4,000 highly skilled jobs in research and development, manufacturing, and field services. The funds will be used to expand existing facilities and construct a new state-of-the-art manufacturing site, which will focus on producing highly engineered components for heat pumps and battery assemblies, both essential for Carrier's Home Energy Management System (HEMS).

This investment is part of Carrier's broader strategy to strengthen its U.S. operations and drive long-term growth. The company has seen a 20% increase in its U.S. workforce over the past five years, demonstrating its commitment to American manufacturing and innovation. The investment also includes the TechVantage initiative, which 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. This initiative is focused on developing the skilled workforce needed to support the installation and servicing of high-performance climate solutions systems.