State, city recover incentives from Carrier
INDIANAPOLIS (WISH) — The city of Indianapolis announced Thursday that Carrier Corporation returned more than a million dollars the city gave as incentives to the company.
The Carrier Task Force, put together by Mayor Joe Hogsett after the company announced it’s moving 1,400 local jobs to Mexico, was able to recover $1.2 million in development incentives it has given to Carrier over the years. According to a press release, the money was given to Carrier and their parent company United Technologies Corporation beginning in 2011 as a local tax incentive package.
The money will be used to retrain some of the 1,400 workers who are losing their jobs. It’s still not clear exactly how the money will be used.
“Whether through job-training scholarships or other ideas that come from those whose lives have been forever changed, I am confident these funds will make an impact as we work to lift up our neighbors,” said Hogsett.
Hogsett said that several local organizations have agreed to partner with the city to support services for Carrier workers. Those organizations include, United Steelworkers, EmployIndy, IUPUI, Vincennes University and several other local non-profit groups.
Carrier previously said it would start moving the Indianapolis jobs to Mexico in 2017.
The Carrier Task Force plans to focus on the funds to ensure they benefit Carrier workers.
Additionally, Gov. Mike Pence announced that the state recovered more than $380,000 in money given to Carrier and UTEC from the Indiana Economic Development Corporation. Pence said the funds will be placed back in the IEDC’s Skills Enhancement Fund.
For more information on the task force, click here.