Trump Visits Carrier, Vows Companies That Leave US Will Face ‘Consequences’

While the company will still shift some production south of the border, the change of plans will save about 1,000 jobs in Indiana. Trump traveled to the plant to discuss his deal with Carrier to prevent hundreds of local jobs from moving to Mexico.

Seth Martin, a spokesman for Carrier, said IN offered the air conditioning and furnace manufacturer $7 million IN tax incentives after negotiations with Trump’s team to keep some jobs IN the state.

“I’d tell them … not to doubt ‘the Donald, ‘ you know?” Last year, the company’s five highest-paid executives made more than $50 million. This suggests that hundreds will still lose their jobs at the factory, where roughly 1,400 workers were slated to be laid off.

A Carrier spokesman said earlier Thursday that the company received $7 million in tax incentives from in to keep the factory running.

Leaving the plant late in the day, Zering spotted an American flag flying over it. “Companies are not going to leave anymore without consequences”, Trump said. “I didn’t make it really for Carrier”, Trump said.

He declined to comment on Trump’s effort, saying: “We are respectful but we keep our distance from the president-elect’s policies”.

Carrier faced harsh scrutiny after it announced in February that it was eliminating 1,400 jobs at an Indianapolis plant that makes heating and air conditioning units, and another 700 jobs at a United Technologies factory in Huntington, Indiana.

A deal was reached this week to keep 800 jobs at the IN plant.

Under the deal, Carrier will receive $7 million in incentives from the state of Indiana.

Though he’s still not sure bluster like Trump’s on Thursday will help him keep his job – Zeiring said he estimates his chances of staying on are about 20 percent.

Continuing, Uygur scolded Obama and his party for what he considered their lack of initiative and failure to exercise leverage over corporations such as United Technologies and others that do business with the federal government to protect American factory jobs.

The suggestion that Trump leaned on Carrier was met with a mixed reaction from U.S. Sen.

Unlike earlier this month, when Trump outright lied about having a part in Ford’s decision not to move a plant from Kentucky to Mexico, the Carrier deal seems to actually be connected to moves made by Trump and his Vice President-elect Mike Pence, but they are not at all what Trump would have you believe about them. “The goal is to keep that going and to do it with rising incomes”, he said in an interview with CNBC’s “Power Lunch” before Trump’s speech. It’s owned by Carrier’s parent company.

Since 2000, the US has gone from having 17.3 million manufacturing jobs to around 12.3 million, a net loss of about 5 million jobs. That number is down to 12 million. And I never thought I made that promise; not with Carrier-I made it for everybody else.

Shortly before Election Day, Cenk Uygur announced that he was somewhat reluctantly voting for Hillary Clinton, describing Donald Trump, among other things, as a monster, a bigot, racist, and sexist. IN officials agreed to give Carrier’s parent company United Technologies Corp.

“This kind of gamesmanship has been taking place for a long time”, he said. He said something to the effect, ‘No, we’re not leaving, because Donald Trump promised us that we’re not leaving, ‘ ” Trump said Thursday.

He waved at some cheering workers, spoke with Carrier executives and inspected an assembly line. With Rexnord closing, it’s down to 11. But many Carrier positions are still moving to Mexico, and critics point out that Trump’s intervention amounts to another subsidy for big business. The firm also spent $12 billion to inflate its stock price instead of using that money to invest in new plants and workers.

For him, blame rests with elected officials who’ve done little to stop the wave of lost jobs. Anthony Scaramucci, an entrepreneur and member of the Trump team’s executive committee, said “the whole purpose” was to slash corporate tax rates to make it more competitive for USA companies to allocate capital at home. We’re not going to let our jobs be taken away. They’re not stupid. But they choose to idly sit by and do nothing.