BELLINGS

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…

BELLINGS Intelligence Score: 10

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.

Sources

  • Connect CRE

    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…