CARR 📈 Carrier Global - Overview

Carrier Global Corporation is a leading provider of innovative solutions for heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies, serving a diverse range of customers across the United States, Europe, the Asia Pacific, and internationally. The company's operations are organized into three primary segments: HVAC, Refrigeration, and Fire & Security, each catering to distinct needs and applications. For instance, the HVAC segment delivers a comprehensive suite of products, controls, services, and solutions designed to meet the heating, cooling, and ventilation requirements of both residential and commercial customers, encompassing air conditioners, heating systems, heat pumps, controls, and aftermarket components, as well as building automation solutions and repair and maintenance services.

The Refrigeration segment is another critical component of Carrier Global Corporation's business, offering a broad array of transport refrigeration and monitoring products and services, as well as digital solutions tailored for trucks, trailers, shipping containers, intermodal applications, food retail, and warehouse cooling. Additionally, this segment provides commercial refrigeration solutions, including refrigerated cabinets, freezers, systems, and controls, which are essential for maintaining the quality and safety of perishable goods. By leveraging its expertise in refrigeration technologies, Carrier Global Corporation plays a vital role in supporting the global cold chain, ensuring that food and other temperature-sensitive products are stored and transported safely and efficiently.

Carrier Global Corporation's Fire & Security segment is dedicated to the development and delivery of advanced technologies aimed at protecting people, property, and assets from various hazards. This includes a wide range of residential, commercial, and industrial solutions, such as fire, flame, gas, smoke, and carbon monoxide detection systems, portable fire extinguishers, fire suppression systems, intruder alarms, access control systems, video management systems, and electronic controls. The segment also offers a suite of fire and security services, including audit, design, installation, system integration, aftermarket maintenance and repair, and monitoring services, all designed to provide comprehensive protection and peace of mind for customers. The company's products and services in this segment are marketed under several well-known brands, including Autronica, Det-Tronics, Edwards, and Kidde, among others.

With a diverse portfolio of brands, including Carrier, Toshiba, Automated Logic, Bryant, and Riello, Carrier Global Corporation is well-positioned to address the complex needs of its customers across different markets and geographies. The company's commitment to innovation, quality, and customer satisfaction has enabled it to establish a strong presence in the global building products industry, with its common stock listed on the New York Stock Exchange (NYSE) under the ticker symbol CARR. As a newly incorporated entity, established in 2019, Carrier Global Corporation is headquartered in Palm Beach Gardens, Florida, and operates with a focus on delivering sustainable, energy-efficient solutions that enhance the comfort, safety, and productivity of buildings and their occupants.