Company set to move 1,400 Hoosier jobs to Mexico awarded $5.1 million in stimulus money; company says it didn’t claim funds

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

File image

INDIANAPOLIS, Ind. (Feb. 15, 2016) – The company that announced plans last week to move hundreds of jobs from Indianapolis to Mexico was awarded millions of dollars in federal stimulus money.

Carrier Corporation said Wednesday that it would move 1,400 jobs from its west side Indianapolis facility to Monterrey, Mexico.

The Department of Energy awarded the company 5.1 million in clean tax credits in December 2013. The money, part of President Barack Obama’s economic stimulus plan, was for expanding production at the facility:

Carrier Corporation will expand production at its Indianapolis facility to meet increasing demand for its eco-friendly condensing gas furnace product line. The new line includes the most energy efficient gas furnaces on the market – all with at least 95 percent annual fuel utilization efficiency.

However, Carrier said in a statement that it did not claim the tax credit:

We have not received and will not claim the $5.1 million federal tax credit. We are evaluating other grants and credits that have been awarded and will not retain or claim any credits for obligations that have not been met.

Carrier plans to move those positions away from Indianapolis by 2019. Indianapolis Mayor Joe Hogsett created a special task force to help employees affected by the move find work.

Video of employees’ angry reaction to the announcement quickly went viral last week.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s