Create a free Manufacturing.net account to continue

The President-elect is celebrating a deal to prevent hundreds of job losses at a major manufacturer.

THIS-MORNING-04 ...

MORNING-04

losses at a major manufacturer.>

move more than two thousand jobs to Mexico. But the air-conditioning giant

tweeted last night, quote, "We are pleased to have reached a deal with

President-Elect Trump and VP-Elect Pence to keep close to one thousand jobs

in Indy.>

NORAH O`DONNELL: The President-elect is celebrating a deal to prevent hundreds of job losses at a major manufacturer. Carrier`s parent company planned to close two Indiana facilities and move more than two thousand jobs to Mexico. But the air-conditioning giant tweeted last night, quote, "We are pleased to have reached a deal with President-Elect Trump and VP- Elect Pence to keep close to one thousand jobs in Indy. Dean Reynolds is outside the Carrier factory in Indianapolis. Dean, good morning.

DEAN REYNOLDS (CBS News National Correspondent): Good morning. Well, during the campaign, Donald Trump repeatedly expressed a promise to keep American jobs in America and, for now at least, it looks like he meant what he said.

(Begin VT)

PRESIDENT-ELECT DONALD TRUMP: We have all of these lost jobs, all of our lost manufacturing. We are going to get it back.

DEAN REYNOLDS: Throughout the campaign, Donald Trump made it clear.

PRESIDENT-ELECT DONALD TRUMP: Companies like Carrier simply fire their workers and move their operations to Mexico. Guess what. Not going to be so easy to do anymore.

DEAN REYNOLDS: It was only nine months ago that Carrier, the one-hundred- and-one-year-old American manufacturer told shocked Indianapolis workers their factory would be shuttering.

MAN: It`s to move production from our facility in Indianapolis to Monterrey, Mexico.

DEAN REYNOLDS: Trump, who benefited from the working class vote on Election Day, will be here in Indianapolis on Thursday alongside the state`s governor and Vice President-Elect Mike Pence. They will announce a deal with Carrier`s parent company, United Technologies, keeping nearly a thousand manufacturing jobs in the state.

PRESIDENT-ELECT DONALD TRUMP: And they think they`re going to make air conditioners in their beautiful new plant in Mexico and sell them across the border and make lots of money and we have all the unemployment, not going to happen.

DEAN REYNOLDS: The details surrounding the agreement haven`t been made public but United Technologies, which grossed fifty-six billion dollars in global sales just last year, holds a number of government contracts, including a nearly two-billion-dollar deal made over the summer to produce engines for the troubled F-35 fighter jet.

(End VT)

DEAN REYNOLDS: Now, there will be some layoffs at this plant here behind me in Indianapolis, but it`s not clear exactly how many nor is it clear what made the company change its mind. What is clear is that other U.S. manufacturers will be paying close attention to this deal. Gayle.

GAYLE KING: Everybody is. Thank you very much, Dean.

END

(Copy: Content and programming Copyright MMXVI CBS Broadcasting Inc. ALL RIGHTS RESERVED. Copyright 2016 CQ-Roll Call, Inc. All materials herein are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of CQ-Roll Call. You may not alter or remove any trademark, copyright or other notice from copies of the content.)