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Actionable news in UTX: UNITED TECHNOLOGIES CORPORATION,

Indiana to give UTX $7 million in tax breaks to keep Carrier jobs in state

Indiana agreed to give United Technologies $7 million in financial incentives over a decade to persuade the industrial giant to keep roughly 1,000 Carrier jobs in the state, Carrier said Thursday.

Carrier, United Technologies' heating and air conditioning unit, had planned to close a furnace plant in the state and move it to Mexico. Carrier will invest about $16 million in Indiana to keep operations there, a source told NBC News.

In a statement Thursday, Carrier said the...


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