Carrier donates gas furnaces to Pine Ridge Indian Reservation
Carrier Corp. was invited to attend the U.S. Department of Housing and Urban Development's "Shared Visions" Economic Development Summit at the Pine Ridge Indian Reservation, S.D.
Carrier Corp. and other appliance manufacturer-founding members of the Partnership for Advancing Technology in Housing (PATH) were invited to attend the U.S. Department of Housing and Urban Development's "Shared Visions: Native American Home Ownership and Economic Development Summit II" at the Pine Ridge Indian Reservation, S.D. Carrier donated three WeatherMate high-efficiency gas furnaces to the reservation. The furnaces have annual fuel utilization efficiency ratios of up to 91%, which will help homeowners on the reservation save up to $250 per year in heating costs.
President Clinton arrived at the reservation during the summit to promote his New Markets Initiative, a new public/private partnership to provide tax credits, investment capital and credit and technical assistance to encourage business formation and job creation in economically distressed rural and inner city areas.