Carrier Watch: We’re Now Up to $7 Million – So Far

Trump and Vice President-elect Mike Pence, the IN governor, will be appearing IN IN to celebrate their deal with Carrier owner United Technologies that will keep IN the US numerous Carrier manufacturing jobs UT had planned to move to Mexico.

We don’t know yet, for certain, how Donald Trump and Mike Pence convinced Carrier to reverse course and decide not to ship close to 1,000 IN jobs to Mexico.

President-elect Donald Trump headed out on a victory lap Thursday, appearing first in IN to salute workers at a factory where he says he saved hundreds of jobs from moving to Mexico and then in OH on the first stop of a “Thank You Tour” to honor supporters in states that helped him to his stunning victory.

The heating and air conditioning company, a unit of the industrial and military conglomerate United Technologies Corp., said earlier this year it was planning to move about 1,400 jobs to Mexico. The Carrier deal is no doubt an encouraging sign.

President-elect Donald Trump is touring the IN factory where he says he saved hundreds of jobs from moving to Mexico.

Critics complained that many of those million-plus jobs the governor claimed credit for creating paid subsistence wages at best. Trump threatened Carrier with stiff tariffs during the campaign, but Carrier’s statement depicted a friendlier negotiation.

“Big day on Thursday for IN and the great workers of that wonderful state”. OH was one of six states the Republican captured after being won twice by Democratic President Barack Obama. On the campaign trail a month later, Trump promised to intervene and stop the outsourcing. According to Carrier, the deal with Trump will allow it to keep “close to 1,000” of those jobs in Indiana.

Or perhaps Trump made broad policy promises, things like lower taxes or reduced regulations to entice Carrier to stick with Indiana. “In fact, we are working normally with them”, Mayor Hector Castillo said, adding that Carrier has already constructed the shell of the new factory building. House Speaker Paul Ryan (R., Wis.) said Thursday.

Trump first hinted at a possible deal last week, tweeting he was “making progress” on getting the company to stay in the state. Trump and Vice President-elect Mike Pence plan to travel to the state Thursday to unveil the agreement alongside company officials.

Pence and Trump will make a formal announcement Thursday afternoon in Indianapolis.

There is speculation the state of IN will give Carrier incentives, subsidies to stay.

Perhaps the most central question is, what will the new administration do about countless other US manufacturers – those that didn’t garner the spotlight as a 2016 campaign topic – planning to move operations outside the country to earn greater profits by paying cheaper wages to workers in other nations? (United Technologies reported $56 billion in sales previous year and $4 billion in profit.) Not only does the company look good for staying in IN, it now has the president-elect’s ear.

“He told us that the individual he talked to said it was just doom and gloom that our facility was going to move”, Davis said. “Companies are not going to leave the United States anymore without consequences”.

The Trump team has also tapped a series of experienced Washington hands to oversee the transfer of power within government departments and agencies. But there’s one catch – it’s not really a magic deal.

Mexican billionaire Carlos Slim said on Thursday that if Trump succeeds as US president, it would benefit major trading partner Mexico because of increased employment and USA economic growth. How’s that for punishing corporations that shut down in the United States and move overseas? The Washington Post reported Thursday that Trump has decided on retired Marine general James Mattis, 66, to head the Pentagon.

Trump told the New York Times he had received a call from Apple CEO Tim Cook.

Michael C. Bender and Richard Rubin contributed to this article.