About 1,400 people work at the Carrier plant.
The news follows Ford Motor Co.’s decision last week to reverse course on plans to move production of an SUV model from its Louisville, Ky. assembly plant to one in Mexico. Ford said it notified Trump of the decision in advance and he said his intervention saved U.S. jobs, even though Ford planned to expand production of another model in Louisville without changing employment levels.
During the presidential campaign, Trump repeatedly lambasted Ford and Carrier for taking advantage of incentives in the North American Free Trade Agreement at the expense of American workers and threatened to jack up duties on their products entering the United States if they followed through with their manufacturing shifts.
Carrier, a subsidiary of United Technologies Corp., said it was compelled to relocate to Mexico because its competitors and suppliers were moving there as domestic costs increased, in part due to growing regulatory requirements. Trump has made cutting regulations on business a top priority of his incoming administration.
The talks are being led by Vice President-elect Mike Pence, who was the governor of Indiana when Carrier made its decision.
United Technologies is a giant holding company, and canceling Carrier’s Mexico move might be a small concession to Trump given its wide range of holdings that stand to gain from other decisions by a Trump administration.
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The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
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