After Planning To Layoff 2,100 Employees And Move Manufacturing Plants To Mexico, Carrier and United Technologies Receive $7 Million In State Incentives To Keep 1,000 Of These Jobs In Indiana

 In Economy   Last Updated: July 29, 2017

In February 2016, Carrier Corp and United Technologies Electronic Controls (sister companies manufacturing heating, cooling, and ventilation products) announced the closing of plants in Indiana, layoffs of 2,100 employees, and moving these jobs to Mexico.

Soon after the 2016 Presidential election, the companies received “financial incentives from Indiana and a pledge from President-elect Donald Trump to improve the climate for business in the United States in exchange for keeping more than 1,000 jobs in the state rather than moving them overseas.”

The financial incentives include $7 million in state tax breaks and grants.

Layoffs of the remaining jobs began July 20 and will continue slowly over time.

 

 

Rick Moriarty. "Carrier and sister company to ship 2,100 jobs from Indiana to Mexico." Syracuse.com. Syracuse.com, 12 February 2016. Web. 29 July 2017.
David Shepardson and Ginger Gibson. "Carrier gets state incentives, Trump pledge for keeping U.S. jobs." Reuters.com. Reuters.com, 30 November 2016. Web. 29 July 2017.
"Indiana Board Endorses $7M Carrier Plant Deal Trump Brokered." U.S. News. AP, 28 March 2017. Web. 29 July 2017.
"Carrier to begin laying off 600 employees this summer." IndyStar.com. IndyStar.com, 22 May 2017. Web. 29 July 2017.
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