Alat and Carrier Partner to Advance Climate and Energy Solutions in the Kingdom of Saudi Arabia

Agreement includes development of a cutting-edge manufacturing and R&D center expected to create more than 5,000 local jobs. RIYADH, Saudi Arabia, Feb. 20, 2024 /PRNewswire/ -- Alat (Alat), a PIF company, and Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced their commitment to build a cutting-edge manufacturing and R&D facility in Saudi Arabia that will deliver advanced heating, ventilation and air conditioning (HVAC) solutions. The partners ...