Tags: Trump Administration | Donald Trump | Mexico | indiana | united technologies | carrier | jobs

WSJ: Indiana Gives Carrier $7M in Tax Breaks to Stay

WSJ: Indiana Gives Carrier $7M in Tax Breaks to Stay

Air conditioning units are stacked outside the Carrier Corp. plant, Wednesday, Nov. 30, 2016, in Indianapolis. (AP Photo/Darron Cummings)

By    |   Thursday, 01 December 2016 01:25 PM

Officials in Indiana and United Technologies agreed to a deal worth $7 million in tax breaks over 10 years to keep 1,000 Carrier jobs home, The Wall Street Journal reported.

Carrier will invest $16 million to keep certain operations in the Hoosier state rather than moving to Mexico, which would have saved the company $65 million, WSJ reported.

The company still plans to move another 1,300 jobs to Mexico, including shutting down a plant in Huntington, Ind.

President-elect Donald Trump and Vice President-elect Mike Pence, the former Indiana governor, are expected to announce the deal sometime Thursday.

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Officials in Indiana and United Technologies agreed to a deal worth $7 million in tax breaks over 10 years to keep 1,000 Carrier jobs home, The Wall Street Journal reported.
indiana, united technologies, carrier, jobs
98
2016-25-01
Thursday, 01 December 2016 01:25 PM
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