Companies will be punished for leaving US

November 24: Trump posts on Twitter on Thanksgiving Day that he is working with Carrier to keep jobs in the U.S. The company confirms discussions with the incoming administration but says that it has nothing to announce yet.

Trump said his negotiations with the maker of air conditioning units were a model for how he would approach other USA businesses that are tempted to move jobs overseas to save money.

Trump says he wants to make more deals like this, but if a business still wants to move overseas, he will go after them. Just down the street, a seven-minute drive from here, there’s another plant here in Indianapolis that’s shipping 350 jobs to Mexico.

“There’s no reason for them to leave, anymore”, Trump said. This suggests that hundreds will still lose their jobs at the factory, where roughly 1,400 workers were slated to be laid off. Trump also mentioned the benefit of lowering federal corporate income tax so that more companies will keep their operations in the U.S. Congress, which is controlled by Republicans generally averse to new taxes, would need to approve such a plan.

Keeping jobs within the United States has been a campaign promise of Trump’s since the beginning, as he told his supporters last spring, “It’s not presidential when the president calls up the head of a damn air-conditioning company, but it’s so much fun for me”.

When Trump heard this news, he immediately declared that he would keep Carrier in the United States if elected president.

He says it wasn’t until a week ago that he took his promise seriously, after watching a report about the IN company on the nightly news.

“Not everybody is college material and you can get a good job working in a factory”, he said.

Carrier said state “incentives” from IN were an “important consideration” IN its decision to stay put.

Thursday was a day of victory for more than 1,000 workers at the Indianapolis-based Carrier plant.

Trump also thanked IN for giving him Gov. Mike Pence as his running mate.

He did, however, touch upon the “more than a million jobs in the industrial midwest that were saved when President Obama made the decision to save the American auto industry”.

That deal includes a state incentive package of about $7 million over multiple years, Bloomberg Business reported.

Carrier now operates one plant in Nuevo Leon and has built but not yet occupied another one there as part of a planned $200 million expansion. IN officials agreed to give Carrier’s parent company United Technologies Corp.

Trump and Vice President-elect Mike Pence plan to announce the deal in Indianapolis later Thursday.

IEDC and other state officials declined to comment on the details of the deal.

The Associated Press and Indiana Public Broadcasting’s Drew Daudelin and Annie Ropeik contributed reporting to this story. But the man – and others at the Carrier plant – took Trump at his word. The company plans to pump $16 million into the longtime furnace production facility over the next two years, making it a Center of Excellence.

Vice President-elect Governor Mike Pence credits President-elect Donald Trump with sealing the deal to keep more than 1,000 IN jobs from leaving for Mexico.

Rattner also pointed out just how much the economy has improved in IN during Obama’s time in office, despite those now saying “finally we have a president (Trump) who will stand up for workers”. He did not even remember that he had made the promise, he added, until he saw a Carrier worker on a nightly news program recounting it.

“If we have to wait for President Trump to come to Elkhart it may take a while”.

Trump also did not address whether Carrier’s parent company, United Technologies (UTX.N), would face any consequences for continuing with plans to move 1,300 other IN jobs to Mexico. Earnest said the president-elect would have to make 804 more deals like Carrier to equal the manufacturing jobs created under Mr. Obama’s watch.

Huntington plant worker Mike Harmon says Trump only talked during his campaign about the Indianapolis factory and he feels the Huntington employees were forgotten.