Watch Live: Donald Trump, Mike Pence speak from Carrier plant

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President-elect Donald Trump and VP-elect Mike Pence are set to appear in Indianapolis on Thursday to celebrate United Technologies Corp's retaining more than 1,000 jobs at a U.S. Carrier plant.

The air conditioning company said on Wednesday it will retain more than 1,000 jobs at a U.S. Carrier Corp plant that was to close after receiving state tax breaks and a pledge to boost the business climate by the incoming Trump-Pence administration.

The company said the announcement was "possible because the incoming Trump-Pence administration has emphasized to us its commitment to support the business community and create an improved, more competitive U.S. business climate. The incentives offered by the state were an important consideration."

Trump will likely tout the deal on Thursday as the incoming administration's first major economic victory.

The Indianapolis event comes on the same day Trump and Pence are slated to begin a "Thank You Tour" with their first post-election rally in Cincinnati, Ohio.

RELATED: Carrier reaches deal with Trump to keep jobs in Indiana

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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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