# Carrier agrees to invest $16M and preserve 1,100 jobs at Indianapolis factory

Carrier Corp. agreed to invest $16 million over two years and preserve 1,100 jobs at its Indianapolis gas furnace plant, in exchange for $7 million in tax breaks over 10 years. The deal was announced with President-elect Donald Trump.

- Type: Investment
- Announced: 2016-12-01
- Where: Indianapolis, United States
- Value: $16.0M
- Jobs: 1,100
- Status: announced
- Products: gas furnaces
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Carrier Corp](https://endata.com/companies/5132.md)
- [United Technologies Corp.](https://endata.com/companies/937.md) (partner)

## Sources

- [digital.achrnews.com](https://digital.achrnews.com/articles/carrier-agrees-to-save-1-100-jobs), 2016-12-08: "We’ve decided to keep Carrier jobs in Indianapolis. We’ll designate this facility as a center of excellence for gas furnace production, and we intend to invest more than $16 million over the next two years to ensure this remains a worldclass manufacturing facility with the ability to compete globall"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
