Trump and Carrier reach deal on Indiana jobs

11/30, 3:03 AM (Source: TeleTrader.com)

United Technologies Corporation’s Carrier said in a tweet on Wednesday it agreed with U.S. president-elect Donald Trump and vice president-elect Mike Pence to keep nearly a thousand factory jobs at its furnace plant in Indiana.

The deal includes new inducements from the state, according to media reports. Trump will go to the Indianapolis plant on Thursday to officially announce the arrangement, the reports added. Trump and Pence are expected to repeat their pledges to ease regulation and remake the corporate tax code.

Earlier this year, Carrier said it would relocate 1,400 U.S. jobs to Mexico. Trump responded by threatening to impose a large tax on Carrier’s Mexican-made products, which would, “within 24 hours” force them to come back.

Teletrader Newsroom / RV