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

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.

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