[Redux from July 17, 2021:] The seventh chapter of "Innovation on Tap" is the story of entrepreneur Willis Carrier and the birth of modern air conditioning, which celebrates its 119th anniversary today. The excerpt below moves the story ahead some 13 years, to the launch of Carrier Engineering Corporation as a standalone company by Willis and his partner, J.I. Lyle.
While we think of HVAC today as a multi-billion dollar, global, growth industry, the story of Carrier’s launch—in the teeth of World War I, when global trade had ground to a halt--reminds us of just how nimble, innovative, and entrepreneurial Willis and his partners had to be to succeed.
For more on Carrier and its storied history, see here.
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Carrier Engineering Corporation (CEC) opened for business on July 1, 1915. It was a classic start-up. Willis Carrier rented two rooms in the Mutual Life Building in Buffalo for himself, a secretary, and one draftsman. “We ended up with second-hand furniture—two desks, a drafting board and stool and a few files," his secretary recalled. "We had two wicker chairs for visitors, and Mr. Carrier’s friends would ask him if he had swiped them from a tavern.”
Carrier Engineering raised enough cash to run the business for six months without a sale. "This was certainly cutting it pretty fine," Willis recalled. And, for eighteen days, the new company languished. But what World War I had taken away, it suddenly returned.