Carrier Corp. deal differs from common incentives in Indiana

But, he insisted, things are going to be different in his administration. "They're not going to be taking people's hearts out", the President-elect said. "They're not going to be announcing, like they did at Carrier, that they're closing up and they're moving to Mexico".

The memo says Trump's nominees are "patriotic Americans, many of whom are selflessly leaving behind their private business careers to serve their country".

February 10: Company officials announce plans to shutter the Indianapolis factory, along with a 700-worker factory in the northeastern in city of Huntington that is also owned by Carrier parent company United Technologies Corp. of Hartford, Connecticut.

Along the way, as he did at similar rallies during the campaign, Trump bragged about his political success and bashed the media as "very dishonest people" who didn't believe he had a chance to win the presidency.

He addressed border security briefly in a Thursday speech at an in air conditioning company.

Philippine President Rodrigo Duterte has telephoned President-elect Donald Trump and had a brief but "very engaging, animated conversation" in which both leaders invited each other to visit his country. The update noted that more details would come soon.

It is unclear what steps would have to be taken by federal authorities before Trump could retaliate against individual companies shifting jobs overseas. "And [stay] here in the United States, I'm all for it". Trump promised during the campaign to extend a concrete barrier across the entire 1,954-mile border.

He threatened to impose a tariff of up to 35 percent on equipment manufactured at Carrier's Mexican plant, and criticized government officials for using tax incentives to induce such companies to stay in the United States. "It's not going to happen", the president-elect vowed.

As Mr Trump proclaimed companies would not leave the United States anymore, in IN alone, at least 3,660 people will lose their jobs because business is being moved overseas, according to a Reuters analysis of Labor Department filings.

To critics who see other IN factories on the verge of closing, deals like the one at Carrier are unlikely to stem the job losses caused by automation and cheap foreign competition, and the prospect that the White House might directly intervene is also a concern to some economists.

Any changes to the tax code would need to be approved by Congress. He made the statement in Indianapolis, where he announced a deal with air conditioning manufacturer Carrier to keep jobs within the country.

Then he singled out a man in the audience who said it was his son who spoke out on the national news segment about Carrier and said he was certain that Trump would keep the jobs from leaving. "He said he was going to punish companies".

He says it wasn't until a week ago that he took his promise seriously, after watching a report about the IN company on the nightly news.

"It is a great day for me and a lot of other Indianapolis employees", 25-year Carrier worker Michael Swedish said.

IN officials offered Carrier $7 million in incentives as part of the deal.

Trump, joined by his running mate Mike Pence, walked through a portion of the Carrier plant in Indianapolis.

Trump toured the plant in Indianapolis and shook hands with workers on an assembly line.

Trump made saving the plant a central promise of his campaign.

Experts say the state incentives are more likely window dressing than a reason for Carrier to have changed its decision.

The company's decision is something of a reversal, since earlier offers from the state had failed to sway Carrier.

The chairman of the House Oversight and Government Reform Committee says he'll wait until Donald Trump becomes president before looking at potential conflicts of interest involving Trump's business empire.

The raucous rally in OH had all the hallmarks of a reunion tour: Trump took a veiled swipe at fellow Republicans. In this case, on the regulatory front alone, the president and CEO of UTC Climate Controls and Security told Governor Pence that 53 of the 260 new federal regulations passed since 2013 have had a direct impact on their manufacturing business.

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