INDIANAPOLIS (AP) — An Indiana board is poised to endorse a deal directing $7 million in tax breaks and grants for a deal brokered by President Donald Trump to keep hundreds of jobs at the Carrier Corp. factory in Indianapolis.
The incentive package is set for a vote by an Indiana Economic Development Board committee on Tuesday, nearly four months after Trump celebrated the deal at the furnace factory.
Carrier is pledging to keep nearly 1,100 jobs at the factory, including about 800 production jobs that the company planned on outsourcing to Mexico. But about 550 jobs are still being lost. Carrier is also investing $16 million for automation at the factory.
Plant union president Chuck Jones says the deal means Indiana taxpayers are rewarding a very profitable corporation for cutting jobs.