Changing Workforce

Carrier will receive $7 million in tax breaks to keep jobs in Indiana

By The Wall Street Journal

Dec 02, 2016

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As TV crews and reporters camped out in the lobby of Trump Tower on Monday, recording VIP arrivals in hopes of detecting new members of the incoming Donald Trump administration, a middle-aged corporate executive drew little notice.

Greg Hayes, chief executive of United Technologies Corp., wasn’t there to see Mr. Trump. He rode the gold-colored elevators to see Vice President-elect Mike Pence. The Indiana governor was offering $7 million over 10 years to encourage the company to keep in the state roughly one-third of the 2,100 jobs it planned to ship to Mexico.

Read the full story on wsj.com.