Honeywell CEO: Charlotte's AI Growth and Job Future
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After the ceremony, Kapur spoke with reporters about the company's future, Charlotte and the broader economy. A few of the highlights: ◼️ Charlotte is a long-term bet. Asked about hiring, Kapur noted Honeywell has added 1,100 jobs in Charlotte over the past seven years and expects continued growth, even if it's too early to predict where future jobs will land. "Jobs will get added in the U.S. It's hard for me to be a futurist to say which city will get how many, but everybody will benefit from that. I mean, a growth-oriented company creates jobs. [The] short answer is we're going to grow. Specifics are hard to point to at this point of time." ◼️ He's big on Charlotte. Kapur, who said Charlotte is the seventh city and third country he's lived in, praised its mix of big-city amenities and quality of life: "What I like about Charlotte is it's a small city with all the capabilities or all the facilities of a big city, and finding that balance is hard. ... It provides a lot of opportunity for growth for our people." ◼️ AI is reshaping industrial companies. Kapur said manufacturers increasingly face a shortage of skilled workers, making automation and artificial intelligence essential. "Our customers' No. 1 issue is lack of skilled people," he said, describing how Honeywell is building tools that allow "a lesser-skilled person" to perform work that previously required more...
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