Sensata Technologies Joins the Carrier Alliance Supplier Program

Rhea-AI Summary

Carrier Global Corporation (NYSE: CARR) announced that Sensata Technologies has joined its Carrier Alliance program through a long-term agreement. Sensata will supply IoT-enabled sensors and controls for Carrier's HVAC and Refrigeration products, enhancing system performance and connectivity. This partnership aims to optimize the supply chain and drive cost savings. Both companies view this collaboration as beneficial, reinforcing Sensata's role as a key supplier and supporting future innovative technology opportunities.

Positive

• Sensata joining the Carrier Alliance program solidifies its position as a key supplier.
• The partnership enhances the performance and connectivity of Carrier's HVAC and Refrigeration products.
• The collaboration aims to optimize the supply chain and drive cost savings.

Negative

• None.

PALM BEACH GARDENS, Fla., Dec. 4, 2020 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), a leading global provider of healthy, safe and sustainable building and cold chain solutions, is proud to announce that Sensata Technologies has joined the Carrier Alliance program and signed a strategic long-term agreement with Carrier. Sensata will supply a range of sensors and controls across Carrier's HVAC and Refrigeration portfolios. Sensata sensors and controls are IoT-enabled and offer enhanced digital insights and connectivity, helping to improve overall system performance.

"We are excited to expand our strategic relationship with Sensata and welcome them to the Carrier Alliance Program," said Ed Dunn, Vice President, Supply Chain, Carrier. "We have worked together for decades and Sensata has always shared our focus on innovation through its leading-edge sensing technologies that help improve the reliability, safety and efficiency of building and refrigeration systems."

Sensata provides critical controls and sensors for rooftop units, chillers, and refrigeration products, including NaturaLINE^® and PrimeLINE^® container refrigeration technologies and Vector™ trailer refrigeration units. In addition, Sensata pressure switches are used in air conditioners and heat pumps; while their pressure sensors and pressure transducers are used in Carrier's Infinity® systems with Greenspeed® intelligence and limit switches are used in furnaces.

Designed to optimize and strengthen the supply chain and help drive cost savings, Carrier launched the Carrier Alliance program to help provide certainty, security and growth opportunities for Carrier and its key suppliers. Joining the Carrier Alliance program is a win-win for Carrier and Sensata as it solidifies Sensata's position as a key supplier and paves the way for future opportunities to supply innovative technologies across Carrier's different segments.

"Sensata looks forward to working with Carrier as a supplier in the Carrier Alliance program as we deliver on innovative and next generation sensing technologies that are helping to evolve the smart building solutions of the future," said Naoto Mizuta, Vice President, Industrial Sensing Solutions, Sensata Technologies.

For more information, visit corporate.carrier.com/suppliers or follow Carrier on social media at @Carrier.

About Carrier 

Carrier Global Corporation is a leading global provider of healthy, safe and sustainable building and cold chain solutions. Since our founding, we've led in creating solutions that matter for people and our planet. Today, our portfolio includes industry-leading brands such as Carrier, Kidde, Edwards, LenelS2 and Automated Logic that offer innovative HVAC, refrigeration, fire, security and building automation technologies to help make the world safer and more comfortable for generations to come. For more information, visit www.corporate.carrier.com or follow Carrier on social media at @Carrier.

CARR-IR

Contact:	Danielle Canzanella
	860-221-8457
	Danielle.Canzanella@carrier.com

 

View original content:http://www.prnewswire.com/news-releases/sensata-technologies-joins-the-carrier-alliance-supplier-program-301186532.html

SOURCE Carrier Global Corporation

FAQ

What is the significance of Sensata joining the Carrier Alliance program for CARR?

Sensata's inclusion strengthens its role as a key supplier for Carrier, enhancing product offerings and optimizing the supply chain.

When did Sensata Technologies join the Carrier Alliance program?

Sensata Technologies joined the Carrier Alliance program on December 4, 2020.

What types of products will Sensata supply to Carrier?

Sensata will provide IoT-enabled sensors and controls for HVAC and Refrigeration portfolios.

How will the partnership with Sensata benefit Carrier?

The partnership aims to improve system performance, provide digital insights, and drive cost savings.

What are the expected outcomes of the strategic agreement between Carrier and Sensata?

The agreement is expected to solidify Sensata's position and pave the way for future innovative technology opportunities.