The arrangement seemed to be the product of not just sticks, but carrots as well ― $7 million in tax breaks over 10 years.
Trump, who takes office on January 20, did not say what the consequences would be, but he frequently threatened during the election campaign that his administration would put a 35 percent import tariff on goods made by American manufacturers that moved jobs offshore.
Last Tuesday, Carrier announced it would keep about 1,000 jobs in the USA after negotiations with Trump and Vice President-elect Mike Pence, who is now the governor of Indiana.
"He continued, "...fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the USA ... without retribution or outcome, is WRONG! Trump is conveying a message to businesses contemplating transferring overseas that "things are really changing", Pence said.
In a statement to Inside INdiana Business Monday night, the company confirmed that 800 Carrier jobs are staying in Indiana and that the additional 300 jobs, that were never going to Mexico, are corporate and engineering jobs.
Rexnord employees get paid between $20 to $30 an hour.
Donald Trump had a stern warning to companies thinking of leaving the United States during his Sunday morning Twitter tirade.
Green Party's Jill Stein moves Pennsylvania recount bid to federal courts
The Green Party has sought recounts of the results from the November 8 election in Pennsylvania and Wisconsin, in addition to MI . Green Party presidential nominee Jill Stein requested the recount which began on Thursday and has to be completed by December 13.
President Elect Donald Trump is booed as he walks through the lobby of The New York Times Building after a 75-minute meeting with Times journalists.
In the end, Trump says the company promised to keep more than 1,100 people in Indianapolis. And his interference with Carrier, preventing the United Technologies Corporation (UTX) subsidiary from moving its plant and jobs to Mexico, is a ideal example.
The package will reportedly include $5 million in tax credits over the next decade, $1 million in training grants and up to $1 million in additional tax credits based on its planned $16 million investment in the factory.
Pence also offered a few new details about the Carrier negotiations.
Asked about Trump's decision to negotiate with Carrier but not with other companies planning to move jobs out of the country, Pence said, "I don't think it's picking winners and losers at all". First, Governor Pence and his predecessor, Mitch Daniels, cut taxes drastically-which was supposed to spur the economy and presumably reduce the need for discretionary tax incentives.
"Warm weather is clearly a drag for all furnace makers in the USA, but they remain hopeful that demand will pick up sharply as soon as the temperature drops", he said Monday in a note.
He told workers at the Carrier plant: 'Companies are not going to leave the United States anymore without consequences'.