US-based Carrier Global Corporation has debuted as an independent, publicly traded company after successfully completing its separation from United Technologies.
Shares of Carrier, a global leader in creating building and refrigeration solutions that matter for people and our planet, began 'regular-way' trading on the New York Stock Exchange (NYSE) on April 3 under the symbol ‘CARR’.
The company has an extensive global footprint with approximately 53,000 employees, offering solutions in more than 160 countries.
Carrier has leading positions in critical segments, including North American residential HVAC, commercial HVAC equipment in major markets, global fire detection and suppression, global access controls for security systems, and refrigerated equipment for the North American and European truck trailer and container businesses.
“Against the backdrop of unprecedented global uncertainty, Carrier and its employees remain focused and continue to solve critical challenges – from improving indoor air quality, protecting the world’s food and pharmaceutical supply and keeping people safe and secure,” said Carrier President and CEO, Dave Gitlin.
“I am honoured to lead this fantastic company and now, more than ever, I am incredibly proud of the perseverance and resiliency of our talented workforce.
“For more than a century, Carrier has been a symbol of excellence, and today, as a standalone company, we have defined our own strategy, vision, culture and priorities. We have an unmatched legacy and look forward to delivering sustainable long-term growth to our shareowners and other stakeholders,” he said.
As an independent company, Carrier will reportedly have greater focus and enhanced agility based on its own distinct operating priorities and strategies for long-term growth and profitability, including strengthening and growing its core businesses, extending its product range and geographical coverage and expanding service and digital offerings.
The company is said to be well-positioned with strong megatrends driving sustained industry growth, leading positions with significant installed base, a disciplined operating system, and an unwavering commitment to innovation.
Carrier said it will continue to contribute meaningfully to communities around the world through employee volunteerism and environmentally responsible operations, products and services. Carrier’s recent $3.0 million USD, three-year donation to The Nature Conservancy will help cities better prepare for climate change and support the development of online STEM education for children around the world, and is a testament to Carrier’s commitment to environmental leadership.
“We are a world leader in providing energy-efficient solutions for buildings around the world,” said Gitlin.
“We are deeply committed to driving a leadership position in sustainable solutions for the planet and for future generations.
“Strengthening our global community makes us a stronger company, creating shared value for our business and society,” he said. “As a standalone company, we have the ability to leverage our legacy of industry leadership and sustainability to address the challenges of today and tomorrow while executing our vision and growth strategy.”
Earlier this month, Carrier Transicold launched a new solar power system for Trailer Refrigeration Units (TRUs).
The new TRU-Mount Solar Charging System is reported to deliver 2.0-amp power delivery by combining ultrapure silicon cells with a high-performance charge controller.
“With a significantly smaller footprint than our prior solar panels, the new system provides up to 18% greater power delivery for faster, more complete charging of a 12-volt TRU battery, helping ensure uninterrupted performance,” said Jason Forman, Associate Director, Sales & Marketing, Performance Parts, Carrier Transicold.
Solar panels are being widely adopted by refrigerated haulers to help offset battery draws from ancillary devices, such as fuel-level sensors, interior trailer lighting and telematics systems. During periods when the TRU is not running, such power draws can potentially drain the battery too low to start the TRU engine, resulting in a service callout or battery replacement. Solar panels can also help conserve fuel by minimising the need to run the TRU engine to charge the battery.
The innovative panel design provides a custom fit on the narrow, curved top surface of Carrier Transicold X4 and X2 series trailer refrigeration units and Vector 8000 and 6000 series units. The charge controller is integral to the panel, which simplifies installation.
“The location of the TRU-Mount panel has multiple advantages,” said Forman. “The lower positioning on the TRU makes it less susceptible to overhead scrapes that can affect trailer-top-mounted panels. Unlike some competitive units, Carrier’s TRU-Mount system is not suspended over the exhaust path, helping to avoid efficiency losses that occur when solar cells are exposed to high temperatures. The system also conveniently stays with the TRU if the TRU is removed and reinstalled on another trailer.”
The panel, according to Carrier Transicold, uses three engineered layers to maximise strength and efficiency. The light-trapping upper layer is scratch-, impact- and weather-resistant. The middle layer is composed of uncut monocrystalline cells that maximise output and minimise power loss from intermittent shading. The copper bottom layer serves as a heat sink that keeps the panel cooler for greater efficiency.
The new TRU-Mount Solar Charging System is now available for field installation and will be offered as a factory-installed option later this year.