The Donald Trump team and Carrier have reached an agreement to keep about 1,000 manufacturing jobs in Indiana, fulfilling one of Trump’s major campaign promises.
Carrier confirmed the news, first reported by the New York Times, on Twitter.
We are pleased to have reached a deal with President-elect Trump & VP-elect Pence to keep close to 1,000 jobs in Indy. More details soon.
— Carrier (@Carrier) November 30, 2016
In March, Carrier, one of the biggest air conditioning companies in the U.S., announced it would close its facility in Indianapolis and move operations to Mexico, eliminating 1,400 jobs.
The deal reportedly will keep a majority of the jobs in the state in exchange for friendlier business regulations and an overhauling of the corporate tax code.
Trump is also expected to tone down his rhetoric threatening 35 percent tariffs on companies that shift production out of the country, the Times reports.
Trump and Vice President-elect Mike Pence, Indiana’s governor, will announce the details of the agreement on Thursday at Carrier’s Indianapolis plant, according to the Times.
Trump frequently railed against the move and pledged to force Carrier to keep its jobs in the U.S. while on the campaign trail.
“Here’s what’s going to happen,” Trump told a crowd in Indianapolis in April. “I’ll get a call from the head of Carrier and he’ll say, ‘Mr. President, we’ve decided to stay in the United States. That’s what’s going to happen — 100 percent.”