“This investment marks the next chapter in our commitment to U.S. manufacturing,” said David Gitlin, Carrier’s chairman and CEO. “We are building for the future by creating high-quality, skilled trade careers and empowering American workers to lead the next generation of manufacturing. At the same time, it positions Carrier to capture the tremendous growth ahead in our industry and deliver smart, differentiated solutions for our customers.”

The investment will fund the expansion of existing facilities and the construction of a new manufacturing site to support the production of engineered components for heat pumps and battery assemblies, both of which are essential to Carrier’s Home Energy Management System (HEMS). It will also accelerate research and development, including innovations in liquid cooling for data centers and battery-enabled climate solutions technologies developed under Carrier Energy, an in-house startup focused on optimizing home energy use and supporting grid flexibility, the press release said.

Carrier’s TechVantage initiative, announced in January, is included in both the $1 billion investment and anticipated the 4,000 jobs. The program aims to hire 1,000 U.S. service technicians and train more than 100,000 climate solutions service and sales professionals over the next five years. This effort is focused on developing the skilled workforce needed to support the installation and servicing of high-performance climate solutions systems, the press release said.

Carrier is the largest U.S.-headquartered company in its industry and continues to invest in its American operations to strengthen manufacturing capabilities and drive long-term growth, the press release said. Over the past five years, the company has grown its U.S. workforce by approximately 20%.