02-12-2016, 05:27 AM
(This post was last modified: 11-30-2016, 05:58 PM by dmcowen674.)
Update: 11-30-2016
Trump is not even President yet and he saved jobs from leaving the U.S.
Getting more details and official News conference will be tomorrow 11-31-2016
President-elect Donald Trump and Carrier have reached a deal that will keep nearly 1,000 factory jobs in Indiana
Carrier poses an early critical test for Trump, who promised during the campaign to keep American jobs from fleeing to Mexico.
Trump and Mike Pence, the vice president-elect and current governor of Indiana, will be in Indiana on Thursday to announce the deal, Carrier said.
The company, which is owned by defense contractor United Technologies, announced in February that it would close two Indiana plants -- a Carrier plant in Indianapolis that employs 1,400 workers and a United Technologies Electronic Controls plant in nearby Huntington, Indiana, that employs 700.
Carrier did not elaborate on the terms of the deal, but it is on the record, as are most other major multinational businesses, as wanting to see a cut in corporate tax rates, especially as it applies to cash earned overseas.
The fate of the more than 400 remaining jobs in Indianapolis was not immediately clear. Nor was it clear whether the 700 jobs at the Huntington plan would be saved.
2-10-2016
Carrier to relocate 1,400 Indianapolis jobs to Mexico
Chris Nelson, president of HVAC Systems and Services North American, issued the following statement:
“This move is intended to address the challenges we continue to face in a rapidly changing HVAC industry, with the continued migration of the HVAC industry to Mexico, including our suppliers and competitors, and ongoing cost and pricing pressures driven, in part, by new regulatory requirements.
“Relocating our operations to a region where we have existing infrastructure and a strong supplier base will allow us to operate more cost effectively so that we can continue to produce high-quality HVAC products that are competitively positioned while continuing to meet customer needs.
“This decision is difficult and we recognize the impact on employees, their families and the community. We are committed to ensuring that our employees are treated respectfully and to working closely with their representatives throughout this transition.”
Mayor Joe Hogsett releases this statement on Carrier’s announcement:
“Today’s surprise announcement was without warning and incredibly disappointing. While I am obviously concerned about the economic impact, my top priority is the well-being of the hardworking families affected by this decision.
A job lost in any part of our community affects us all, and I believe these are the times we must come together as one city to lift up our neighbors. That is why this afternoon I will issue an Executive Order to create a task force that will convene local, state, and federal resources and direct every tool at our disposal toward supporting these workers in the days ahead.”
2-28-2016
Trump says he will tax Carrier 35% for every Air Conditioner they ship to the U.S.
3-1-2016
Trump: If I'm president, Carrier won't move to Mexico
Republican frontrunner Donald Trump says if he's elected president, Indianapolis will keep the 1,400 jobs being lost by Carrier's move.
The presidential candidate told supporters at a rally in Louisville Tuesday that the company's bosses won't move to Mexico if he's elected.
Trump says the other option Carrier will face is a 35 percent tax on products it plans to produce in Monterrey, Mexico.
Trump's statements come on the same day he won the majority of GOP Super Tuesday primaries.
Trump is not even President yet and he saved jobs from leaving the U.S.
Getting more details and official News conference will be tomorrow 11-31-2016
President-elect Donald Trump and Carrier have reached a deal that will keep nearly 1,000 factory jobs in Indiana
Carrier poses an early critical test for Trump, who promised during the campaign to keep American jobs from fleeing to Mexico.
Trump and Mike Pence, the vice president-elect and current governor of Indiana, will be in Indiana on Thursday to announce the deal, Carrier said.
The company, which is owned by defense contractor United Technologies, announced in February that it would close two Indiana plants -- a Carrier plant in Indianapolis that employs 1,400 workers and a United Technologies Electronic Controls plant in nearby Huntington, Indiana, that employs 700.
Carrier did not elaborate on the terms of the deal, but it is on the record, as are most other major multinational businesses, as wanting to see a cut in corporate tax rates, especially as it applies to cash earned overseas.
The fate of the more than 400 remaining jobs in Indianapolis was not immediately clear. Nor was it clear whether the 700 jobs at the Huntington plan would be saved.
2-10-2016
Carrier to relocate 1,400 Indianapolis jobs to Mexico
Chris Nelson, president of HVAC Systems and Services North American, issued the following statement:
“This move is intended to address the challenges we continue to face in a rapidly changing HVAC industry, with the continued migration of the HVAC industry to Mexico, including our suppliers and competitors, and ongoing cost and pricing pressures driven, in part, by new regulatory requirements.
“Relocating our operations to a region where we have existing infrastructure and a strong supplier base will allow us to operate more cost effectively so that we can continue to produce high-quality HVAC products that are competitively positioned while continuing to meet customer needs.
“This decision is difficult and we recognize the impact on employees, their families and the community. We are committed to ensuring that our employees are treated respectfully and to working closely with their representatives throughout this transition.”
Mayor Joe Hogsett releases this statement on Carrier’s announcement:
“Today’s surprise announcement was without warning and incredibly disappointing. While I am obviously concerned about the economic impact, my top priority is the well-being of the hardworking families affected by this decision.
A job lost in any part of our community affects us all, and I believe these are the times we must come together as one city to lift up our neighbors. That is why this afternoon I will issue an Executive Order to create a task force that will convene local, state, and federal resources and direct every tool at our disposal toward supporting these workers in the days ahead.”
2-28-2016
Trump says he will tax Carrier 35% for every Air Conditioner they ship to the U.S.
3-1-2016
Trump: If I'm president, Carrier won't move to Mexico
Republican frontrunner Donald Trump says if he's elected president, Indianapolis will keep the 1,400 jobs being lost by Carrier's move.
The presidential candidate told supporters at a rally in Louisville Tuesday that the company's bosses won't move to Mexico if he's elected.
Trump says the other option Carrier will face is a 35 percent tax on products it plans to produce in Monterrey, Mexico.
Trump's statements come on the same day he won the majority of GOP Super Tuesday primaries.