Carrier is evaluating Fort Worth as one of three potential locations for a new manufacturing facility representing a proposed $433.8 million capital investment. The HVAC manufacturer is running a competitive site selection process, and Fort Worth officials have outlined an incentive package designed to strengthen the city’s bid.
Under the proposal, Fort Worth would extend a seven-year tax abatement agreement with an estimated value of $10.9 million. In addition, the city would nominate Carrier for a Texas Enterprise Zone grant that is currently projected to provide about $2.5 million in benefits. Both incentives are tied to the company meeting specific investment and job creation benchmarks.
Carrier’s commitment, if it selects Fort Worth, would include a minimum $433.8 million investment in a new plant to be completed by the end of 2028. The investment plan calls for $36 million to be directed toward real property construction costs. The remaining $397.8 million would be allocated to equipping the facility, reflecting the capital-intensive nature of modern HVAC manufacturing operations.
The company has also agreed to procurement and workforce thresholds as part of the proposed agreement. Carrier would commit to directing 30% of the construction spend to small businesses, broadening the economic impact beyond the plant itself. On the employment side, the project would be required to support at least 495 jobs by the end of 2029. The jobs tied to the agreement would carry a minimum average salary of $75,000.
The proposed facility would be located at Alliance Westport 12, a 1.2 million-square-foot industrial building currently under development. Hillwood is the developer of Alliance Westport 12, positioning the project within a larger master-planned industrial and logistics hub.
While Fort Worth’s offer is detailed, Carrier has not yet made a final decision and continues to weigh its three-city options. The company expects to reach a site selection decision for the new manufacturing plant in the third quarter of this year. The outcome will determine where the sizable capital investment, job creation, and small-business contracting commitments ultimately land.
