The agreement between President-elect Donald Trump and Carrier Corp. to keep an Indiana factory open includes a state incentive package of about $7 million over multiple years, the company said.
The deal is “contingent upon factors including employment, job retention and capital investment,” according to an e-mailed statement from Carrier. Trump is set to announce details of the agreement Thursday at an event with Vice President-elect Mike Pence, the governor of Indiana. The deal covers about 1,100 workers, including engineering and headquarters employees.