Carrier Global Corporation announced a plan to invest more than $600 million in a new manufacturing and engineering center in north Fort Worth. The facility will span over 1 million square feet and create 1,500 jobs, with operations expected to begin in 2027.
City will receive $7.3 million in net new taxes as part of the tax abatement agreement.
Total investmentmore than $600 million23Who pays or receives it: Carrier Global Corporation
Tax abatement on real property and business personal property$10.9 million3Who pays or receives it: City of Fort Worth (foregoes)
Net new taxes to city$7.3 million3Who pays or receives it: Carrier Global Corporation
Estimated additional payroll over seven-year term$261.7 million3Who pays or receives it: Carrier Global Corporation
Who's involved
Carrier Global Corporationcompany investing in Fort Worth facility
Mattie ParkerFort Worth Mayor
David GitlinCarrier Chairman and CEO
Ross Perot Jr.Chairman of Hillwood
Brianna BrownAssistant Director of Economic Development for Fort Worth
The facts
Facility will be more than 1 million square feet and create 1,500 jobs.3
Operations at the facility are expected to begin in 2027.3
Location in AllianceTexas will be at 1501 Distribution Drive next to Wistron and Walmart.3
Fort Worth City Council approved a tax abatement reinvestment zone for Carrier on Sept. 15.3
City will offer a seven-year tax abatement of 60% on real property and business personal property.3
Carrier must bring 495 jobs by Dec. 31, 2029, with minimum average salary of $75,000.3
Project represents the largest single-facility investment Carrier has made in its history.3
This is the first investment of this size by Carrier in the United States since the 1990s.3
Who said what
These are statements and claims made by the people involved. They are reported, not verified.
Mattie Parker, Fort Worth Mayor Fort Worth continues to be one of the top cities in the nation for advanced manufacturing.3
Mattie Parker, Fort Worth Mayor This investment will add to Fort Worth's manufacturing hub and strengthen energy and technology industries.3
Ross Perot Jr., Hillwood Chairman Carrier's choice underscores the region's momentum in advanced manufacturing.3
David Gitlin, Carrier Chairman and CEO Expanding U.S. manufacturing and engineering footprint increases capacity for critical technologies and strengthens supply chain resilience.3
How they headlined it
The same event, as each outlet put it. Marked words appear in only one outlet's headline.
Carrier Global Corporation Plans Fort Worth, Texas, Manufacturing-Engineering Operations
These outlets were found through Google News headlines. Google decides which outlets appear there, and they lean mostly one way, so this sheet can only be as balanced as the reporting it was built from. Leanings are AllSides Media Bias Ratings.
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