Carrier Eyeing Fort Worth for $433M Plant
HVAC giant Carrier is seeking the best deal from any one of three cities in a competition to build a $433.8 million manufacturing plant. Fort Worth is one of them. The city is proposing a seven-year tax abatement agreement valued at $10.9 million as an incentive for the company…
HVAC giant Carrier is seeking the best deal from any one of three cities in a competition to build a $433.8 million manufacturing plant. Fort Worth is one of them. The city is proposing a seven-year tax abatement agreement valued at $10.9 million as an incentive for the company…
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Why it matters
This is a routine corporate site-selection and investment decision with limited direct impact on credit markets or financial professionals' core concerns.
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Carrier Eyeing Fort Worth for $433M Plant
HVAC giant Carrier is seeking the best deal from any one of three cities in a competition to build a $433.8 million manufacturing plant. Fort Worth is one of them. The city is proposing a seven-year tax abatement agreement valued at $10.9 million as an incentive for the company…