Trump Reaches Deal To Keep 1,000 Carrier Jobs In The U.S.

Trump Admin and $UTX reach agreement on keeping close to 1000 factory jobs in Carrier plant in Indiana- sources.
— David Faber (@davidfaber) November 30, 2016

Nine months ago the video of a plant-full of American workers getting the news that they were ‘fired’ due to Carrier International moving its air-conditioning plant from Indiana to Mexico went viral and became a meme for Trump’s “America First” plans. Today, according to CNBC’s David Faber, the Trump team and United Technologies have reached an agreement on keeping close to 1,000 factory jobs at the Carrier plant in Indiana.
As a reminder, this is what happened in February when United Technologies decided to reinforce both of these trends all at once, when the company announced it would be eliminating 1,400 jobs at a Carrier plant in Indianapolis in favor of hiring some new “foreign-born” employees – only these “foreign-born” workers will be hired in Mexico.
“Two Indiana plants that make products for the heating, ventilating and air conditioning industry are shifting their manufacturing operations to Mexico, which will cost about 2,100 workers their jobs,” The Indianapolis Star reports.

This post was published at Zero Hedge on Nov 29, 2016.