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Carrier Global Enhances AI-Powered Abound App for Proactive Building Management
Carrier Global Enhances AI-Powered Abound App for Proactive Building Management

Yahoo

time11-07-2025

  • Business
  • Yahoo

Carrier Global Enhances AI-Powered Abound App for Proactive Building Management

Carrier Global Corporation (NYSE:CARR) is one of the best manufacturing stocks to buy according to hedge funds. On June 25, Carrier Global Corporation announced significant enhancements to its Abound Insights Assistant app. These updates are designed to empower building managers and facilities teams to proactively manage equipment operations and streamline maintenance activities. The Abound Insights Assistant app provides actionable insights and recommendations for 25+ categories of equipment in commercial buildings, which include HVAC, refrigeration, and controls. These insights are driven by the award-winning Abound Insights AI platform, which analyzes equipment performance across a building portfolio and delivers recommendations directly to building managers via the app. An engineer wearing a hardhat inspecting a newly-installed air conditioner system. Some enhancements to the app include a more efficient 'To-Do List' feature. Each 'To-Do' task now also includes AI-generated repair recommendations and service history to assist technicians in resolving issues successfully. Carrier Global Corporation (NYSE:CARR) provides intelligent climate and energy solutions in the US, Europe, the Asia Pacific, and internationally. While we acknowledge the potential of CARR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

Business Roundtable Launches New Workforce Initiative to Strengthen Talent Pipelines for Skilled Trades
Business Roundtable Launches New Workforce Initiative to Strengthen Talent Pipelines for Skilled Trades

Yahoo

time17-06-2025

  • Business
  • Yahoo

Business Roundtable Launches New Workforce Initiative to Strengthen Talent Pipelines for Skilled Trades

Large Employers to Focus on Closing Talent Gaps and Expanding Access to Career Opportunities Across Sectors that Power America's Industrial Base WASHINGTON, June 17, 2025--(BUSINESS WIRE)--Business Roundtable today launched a new initiative to address worker shortages in skilled trades by strengthening talent pipelines. The new workforce initiative, which was announced during the Roundtable's CEO Workforce Forum, will be co-championed by the CEOs of Lowe's and Carrier Global Corporation. Skilled trades workers power American industry, yet there is an estimated imbalance of 20 job openings for every one net new employee. The Business Roundtable Skilled Trades Initiative will collaborate with companies, outside experts and non-profit groups on developing resources, training and other tools to help close the talent gap in these trades. "Business Roundtable launched the Skilled Trades Initiative to raise public awareness, highlight the importance of these roles to the economy and support employers' commitment to grow the pipeline of workers," said Marvin Ellison, Chairman and Chief Executive Officer of Lowe's. "While technology continues to evolve, it cannot replace plumbers, electricians, construction workers, maintenance and repair pros, or other tradespeople. Investing in skilled trades is vital to address America's workforce shortage." "Business Roundtable CEOs do not just want to compete for the same limited talent pool. We want to work together across industries to make real progress in closing talent gaps and expanding opportunity for more workers — whether they are service technicians, welders, electricians or line-workers — across these in-demand fields," said David Gitlin, Chairman & Chief Executive Officer of Carrier Global Corporation. "I want to reiterate the importance of this initiative for businesses in every sector and of all sizes that will benefit from a strong pipeline of skilled trades professionals." The new initiative will focus on trades most closely associated with the growth of America's production economy that emphasize the use of tools and materials to build, move or repair products and structures. This includes but is not limited to the following roles: Industrial and Manufacturing Trades: Welder, machinist, millwright, metal fabricator, tool and die maker, mechatronics technician, boilermaker. Construction and Building Trades: Carpenter, electrician, plumber, steamfitter, pipefitter, mason, painter, residential construction laborer/remodeler. Maintenance and Repair Trades: Heavy equipment technician, HVAC technician, engine repair, facilities maintenance. Energy Trades: Lineworker, solar photovoltaic installer, transmission and distribution technician, power plant technician. Through the initiative, Business Roundtable member companies will have access to: Forums to highlight innovative best practices and other shared learning opportunities, including peers and external partners such as community colleges. Tools to support specific company needs, including outlining ways to engage effectively with K-12 schools on skilled trades. Workgroups to develop a shared skills taxonomy that will outline career pathways across skilled trades roles, supporting company talent pipeline development and worker mobility. Connections with professional associations for skilled trades workers with strong training programs and a track record of partnership with companies. The Skilled Trades Initiative is the latest of Business Roundtable's Corporate Initiatives — work that involves over 150 companies representing millions of employees nationwide. These companies are working together at scale to ensure that employees have the skills they need to succeed in a rapidly changing economy, expand economic opportunity to more Americans and maintain America's competitive edge. Learn more at View source version on Contacts Media Contact: Jennifer Cummings, jcummings@ 202-496-3249

Business Roundtable Launches New Workforce Initiative to Strengthen Talent Pipelines for Skilled Trades
Business Roundtable Launches New Workforce Initiative to Strengthen Talent Pipelines for Skilled Trades

Business Wire

time17-06-2025

  • Business
  • Business Wire

Business Roundtable Launches New Workforce Initiative to Strengthen Talent Pipelines for Skilled Trades

WASHINGTON--(BUSINESS WIRE)--Business Roundtable today launched a new initiative to address worker shortages in skilled trades by strengthening talent pipelines. The new workforce initiative, which was announced during the Roundtable's CEO Workforce Forum, will be co-championed by the CEOs of Lowe's and Carrier Global Corporation. Skilled trades workers power American industry, yet there is an estimated imbalance of 20 job openings for every one net new employee. The Business Roundtable Skilled Trades Initiative will collaborate with companies, outside experts and non-profit groups on developing resources, training and other tools to help close the talent gap in these trades. 'Business Roundtable launched the Skilled Trades Initiative to raise public awareness, highlight the importance of these roles to the economy and support employers' commitment to grow the pipeline of workers,' said Marvin Ellison, Chairman and Chief Executive Officer of Lowe's. 'While technology continues to evolve, it cannot replace plumbers, electricians, construction workers, maintenance and repair pros, or other tradespeople. Investing in skilled trades is vital to address America's workforce shortage.' 'Business Roundtable CEOs do not just want to compete for the same limited talent pool. We want to work together across industries to make real progress in closing talent gaps and expanding opportunity for more workers — whether they are service technicians, welders, electricians or line-workers — across these in-demand fields,' said David Gitlin, Chairman & Chief Executive Officer of Carrier Global Corporation. 'I want to reiterate the importance of this initiative for businesses in every sector and of all sizes that will benefit from a strong pipeline of skilled trades professionals.' The new initiative will focus on trades most closely associated with the growth of America's production economy that emphasize the use of tools and materials to build, move or repair products and structures. This includes but is not limited to the following roles: Industrial and Manufacturing Trades: Welder, machinist, millwright, metal fabricator, tool and die maker, mechatronics technician, boilermaker. Construction and Building Trades: Carpenter, electrician, plumber, steamfitter, pipefitter, mason, painter, residential construction laborer/remodeler. Maintenance and Repair Trades: Heavy equipment technician, HVAC technician, engine repair, facilities maintenance. Energy Trades: Lineworker, solar photovoltaic installer, transmission and distribution technician, power plant technician. Through the initiative, Business Roundtable member companies will have access to: Forums to highlight innovative best practices and other shared learning opportunities, including peers and external partners such as community colleges. Tools to support specific company needs, including outlining ways to engage effectively with K-12 schools on skilled trades. Workgroups to develop a shared skills taxonomy that will outline career pathways across skilled trades roles, supporting company talent pipeline development and worker mobility. Connections with professional associations for skilled trades workers with strong training programs and a track record of partnership with companies. The Skilled Trades Initiative is the latest of Business Roundtable's Corporate Initiatives — work that involves over 150 companies representing millions of employees nationwide. These companies are working together at scale to ensure that employees have the skills they need to succeed in a rapidly changing economy, expand economic opportunity to more Americans and maintain America's competitive edge. Learn more at .

Carrier Unveils Bold New Brand Identity, Purpose and Tagline, Marking a New Era of Global Leadership
Carrier Unveils Bold New Brand Identity, Purpose and Tagline, Marking a New Era of Global Leadership

Yahoo

time09-06-2025

  • Business
  • Yahoo

Carrier Unveils Bold New Brand Identity, Purpose and Tagline, Marking a New Era of Global Leadership

PALM BEACH GARDENS, Fla., June 9, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced the launch of a bold new brand identity and a powerful purpose statement: "Enhancing the lives we live and the world we share." This brand evolution reflects Carrier's strategic transformation and commitment to driving sustainable growth, innovation and global impact. "Just as we transformed our portfolio, we are reimagining our brand to reflect the higher-growth, higher-value, customer-driven lifecycle solutions company we are today," said David Gitlin, Chairman and CEO, Carrier. "For more than 120 years, Carrier has been at the forefront of innovation, shaping industries and improving lives. United by purpose, driven by vision and empowered by a bold brand identity, Carrier is entering a new era of global leadership in intelligent climate and energy solutions." A Brand Evolution Rooted in PurposeAt the heart of this evolution is Carrier's new tagline, "For the World We Share." These words capture Carrier's shared commitment to help shape a better world and its role in delivering solutions that improve the spaces where we live and work. "Carrier's brand transformation marks a bold new chapter — one that reflects a dynamic, forward-thinking and purpose-driven company relentlessly focused on innovation, sustainability and customer-driven solutions," said Milena Oliveira, Senior Vice President and Chief Marketing & Communications Officer at Carrier. "'For the World We Share' is more than a tagline. It expresses our deep commitment to lead with purpose, enhance lives and help shape a more sustainable future for generations to come." A Bold New Brand IdentityCarrier is unveiling a reimagined brand identity that embodies its strategic direction and signals evolution — modernizing how the brand looks, sounds and connects with the world. As part of this transformation, Carrier is introducing a new visual identity featuring a warm, contemporary color palette that symbolizes innovation, optimism and progress. While the iconic Carrier blue oval logo remains unchanged — a trusted emblem of industry leadership for more than a century — the updated look reinforces Carrier's forward momentum and focus on the future of climate and energy innovation. Bringing Carrier's Brand to LifeCarrier is launching a new advertising campaign to bring its brand transformation to life. Aligned with the new purpose and tagline, it showcases the company's global impact through emotionally driven, human-centric real-world stories, focusing on sustainability and innovation. The campaign spans high-profile national media channels and major streaming platforms, featuring compelling storytelling that highlights how Carrier's intelligent solutions are improving lives and shaping a more sustainable future. It is also amplified through targeted digital advertising and Carrier's owned channels. To learn more about Carrier's brand transformation and campaign — and explore its innovative climate and energy solutions, visit Carrier. For the World We Share. About CarrierCarrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive workforce that puts the customer at the center of everything we do. For more information, visit or follow Carrier on social media at @Carrier. Carrier. For the World We Share. Contact: Media InquiriesJason View original content to download multimedia: SOURCE Carrier Global Corporation Error in retrieving data Sign in to access your portfolio Error in retrieving data

Carrier Unveils Bold New Brand Identity, Purpose and Tagline, Marking a New Era of Global Leadership
Carrier Unveils Bold New Brand Identity, Purpose and Tagline, Marking a New Era of Global Leadership

Yahoo

time09-06-2025

  • Business
  • Yahoo

Carrier Unveils Bold New Brand Identity, Purpose and Tagline, Marking a New Era of Global Leadership

PALM BEACH GARDENS, Fla., June 9, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced the launch of a bold new brand identity and a powerful purpose statement: "Enhancing the lives we live and the world we share." This brand evolution reflects Carrier's strategic transformation and commitment to driving sustainable growth, innovation and global impact. "Just as we transformed our portfolio, we are reimagining our brand to reflect the higher-growth, higher-value, customer-driven lifecycle solutions company we are today," said David Gitlin, Chairman and CEO, Carrier. "For more than 120 years, Carrier has been at the forefront of innovation, shaping industries and improving lives. United by purpose, driven by vision and empowered by a bold brand identity, Carrier is entering a new era of global leadership in intelligent climate and energy solutions." A Brand Evolution Rooted in PurposeAt the heart of this evolution is Carrier's new tagline, "For the World We Share." These words capture Carrier's shared commitment to help shape a better world and its role in delivering solutions that improve the spaces where we live and work. "Carrier's brand transformation marks a bold new chapter — one that reflects a dynamic, forward-thinking and purpose-driven company relentlessly focused on innovation, sustainability and customer-driven solutions," said Milena Oliveira, Senior Vice President and Chief Marketing & Communications Officer at Carrier. "'For the World We Share' is more than a tagline. It expresses our deep commitment to lead with purpose, enhance lives and help shape a more sustainable future for generations to come." A Bold New Brand IdentityCarrier is unveiling a reimagined brand identity that embodies its strategic direction and signals evolution — modernizing how the brand looks, sounds and connects with the world. As part of this transformation, Carrier is introducing a new visual identity featuring a warm, contemporary color palette that symbolizes innovation, optimism and progress. While the iconic Carrier blue oval logo remains unchanged — a trusted emblem of industry leadership for more than a century — the updated look reinforces Carrier's forward momentum and focus on the future of climate and energy innovation. Bringing Carrier's Brand to LifeCarrier is launching a new advertising campaign to bring its brand transformation to life. Aligned with the new purpose and tagline, it showcases the company's global impact through emotionally driven, human-centric real-world stories, focusing on sustainability and innovation. The campaign spans high-profile national media channels and major streaming platforms, featuring compelling storytelling that highlights how Carrier's intelligent solutions are improving lives and shaping a more sustainable future. It is also amplified through targeted digital advertising and Carrier's owned channels. To learn more about Carrier's brand transformation and campaign — and explore its innovative climate and energy solutions, visit Carrier. For the World We Share. About CarrierCarrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive workforce that puts the customer at the center of everything we do. For more information, visit or follow Carrier on social media at @Carrier. Carrier. For the World We Share. Contact: Media InquiriesJason View original content to download multimedia: SOURCE Carrier Global Corporation

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