Willis Carrier (1876-1950) was an American engineer, best known for inventing modern air conditioning in 1902. In 1915, Carrier and six other engineers pooled over $32,000 to form the Carrier Engineering Corporation. In 1920, they purchased their first factory in Newark, New Jersey. The corporation bearing his name marketed its air conditioner to the residential market in the 1950s. Carrier merged with Affiliated Gas Equipment, Inc. in 1955. Carrier Corporation was acquired by United Technologies Corporation (UTC) in July 1979. At the turn of the 21st Century, Carrier was the world's largest manufacturer of air-conditioning, heating, and refrigeration equipment. In 2020, United Technologies announced that it would spin off UTC Climate, Controls & Security as an independent company known as Carrier Global Corporation.
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