INDIANAPOLIS (WISH) – Details about the deal with Indiana and Carrier are beginning to emerge on Thursday afternoon.
According to the Wall Street Journal, Indiana will give $7 million in tax breaks to keep Carrier jobs in the state, instead of them being moved to Mexico. Wall Street Journal sited people familiar with the matter.
Their sources reviled that Carrier will invest about $16 million to keep the plant open in Indianapolis. Carrier once said that they would be saving $65 million each year by moving to Monterrey Mexico.
President-elect Donald Trump claims victory for saving nearly 1,000 jobs.
By enabling Carrier’s Indianapolis plant to stay open, the deal spares about 800 union workers whose jobs were going to be outsourced to Mexico, according to federal officials who were briefed by the heating and air conditioning company. This suggests that hundreds will still lose their jobs at the factory, where roughly 1,400 workers were slated to be laid off.
Trump will tour the factory with Pence — who, as the outgoing governor of Indiana, was well-situated to aid negotiations — and then the president-elect will give a speech about the deal, aides said.
Trump and Vice President-elect Mike Pence will speak at Carrier on the far west side of Indianapolis at 2 p.m. The event is not open to the public. You can watch it live on WLFI.com.