Carrier reaches severance agreement with workers

By the Indianapolis Star

Jul 29, 2016

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Carrier Corp.’s 1,400 displaced employees will receive severance pay equal to one week for every year of service and six months of medical insurance, according to an agreement between the company and United Steelworkers Local 1999. The agreement also allows employees to receive reimbursement for education and technical training.

Carrier, part of United Technologies Corp., sent shock waves through Indiana when it announced in February that it would shutter its manufacturing operation and move it to Mexico. It is part of a larger reorganization that also includes the closing of Huntington-based United Technologies Electronic Controls, which employs 700 people. In total, 2,100 Hoosiers will lose their jobs in Indiana.

Read the full story on indystar.com.

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