Carrier Engineering Corporation was founded as a standalone company in 1915. Despite the economic disruptions caused by World War I, Willis Carrier and his six entrepreneurial partners shared the belief that modern air conditioning could change the world.
As the industry grew, Carrier continually reinvented its leadership position. In 1930, the company merged its air-conditioning business with companies that offered heating, ventilation and refrigeration. The resulting series of innovations created the modern heating, ventilation, air-conditioning and refrigeration industry and inspired new customer solutions that powered the industry through the Great Depression, World War II and the Baby Boom.
More than 40 years later, Carrier again transformed its leadership role to drive growth in new markets. The company was acquired by United Technologies Corporation (UTC), broadening its worldwide footprint and establishing a true global industry leader.
On April 3, 2020, more than a century after its founding, Carrier debuted as an independent, publicly traded company, Carrier Global Corporation, after successfully completing its separation from United Technologies. Its shares became available on the New York Stock Exchange, trading under the symbol "CARR."