Indiana granting $7 million in tax breaks to keep Carrier jobs in state

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WASHINGTON, Dec 1 (Reuters) - Officials in Indiana have agreed to give United Technologies $7 million worth of tax breaks over 10 years to encourage the company to keep about 1,000 jobs at its Carrier unit in the state, the Wall Street Journal reported on Thursday.

Citing people familiar with the matter, the Journal said Carrier, which had previously planned to shift some work it does in Indiana to Mexico, will invest about $16 million to keep its operation in the state. (Reporting by Timothy Ahmann; Editing by David Alexander)


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Carrier reaches deal with Trump to keep jobs in Indiana
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Carrier reaches deal with Trump to keep jobs in Indiana
We are pleased to have reached a deal with President-elect Trump & VP-elect Pence to keep close to 1,000 jobs in Indy. More details soon.
Donald Trump to announce Carrier plant will keep jobs in U.S. https://t.co/ODhPDUXpEP https://t.co/3aRSRA9z5s
Carrier says it has reached a deal with Donald Trump that will keep nearly 1,000 factory jobs in Indiana.… https://t.co/KK6x14TMqA
Source tells @KevinWTHR Trump & Pence will visit Indianapolis Carrier factory Thursday afternoon: https://t.co/qx0EUkmcC7
LATEST: Trump to reveal deal to keep nearly 1,000 Carrier jobs in Indiana when he visits state Thurs. - sources https://t.co/7NZyWZbm0t
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