The United Technologies deal to keep roughly 1,100 Carrier jobs in Indiana was a victory, Donald Trump boasted during a Thursday speech in the state.
The incoming administration of President-elect Trump, who repeatedly attacked Carrier and other companies for moving jobs out of the United States, negotiated the deal with United Technologies. Vice president-elect Mike Pence is the state's governor.
Still, Carrier plans to move roughly 1,300 other jobs to Mexico and close another facility in the state. In his Thursday remarks, Trump repeated a promise that there will be consequences for companies that try to move jobs.
"Companies are not going to leave the United States anymore without consequences. Not going to happen. It's not going to happen, I'll tell you right now," Trump said.
Indiana agreed to give United Technologies $7 million in financial incentives over a decade to persuade the industrial giant to keep roughly 1,100 Carrier jobs in the state, Carrier said Thursday. Carrier, United Technologies' heating and air conditioning unit, had planned to close the furnace plant in the state and move it to Mexico.
Carrier will invest about $16 million in Indiana to keep operations there, a source told NBC News.
In a statement Thursday, Carrier said the financial incentives are "contingent upon factors including employment, job retention and capital investment."
The company said Wednesday that state "incentives" were "an important consideration" for keeping the positions in Indiana.
Trump has cheered the deal in tweets since its announcement. On the campaign trail, he warned of consequences for United Technologies, which gets about 10 percent of its revenue from federal government contracts.
The president-elected also repeated other statements he made on the campaign trail such as slashing corporate taxes and building a wall along the U.S.-Mexico border. He also called the North American Free Trade Agreement a "disaster" again.
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