United Technologies has reached an agreement with President-elect Donald Trump to keep close to 1,000 factory jobs at Carrier’s Indianapolis plant in the United States, the company confirmed Tuesday evening in a tweet.
A source tells CNBC's David Faber that Trump will visit Indiana Thursday for an event with Carrier to unveil the deal, which includes new inducements from the state. Vice President-elect Mike Pence, the former Indiana governor, who spear-headed the agreement, is also expected attend the event alongside company officials.
Trump confirmed the meeting on Twitter late Tuesday, promising a "Great deal for workers!"
The details of the agreement were unclear.
In Feburary, the air conditioner-maker said it would close its Indianapolis plant and move 1,400 jobs to Mexico on a three-year timetable. United Technologies Electronic Controls also announced earlier this year that it planned to move its Huntington manufacturing operations to a new plant in Mexico, costing the northeastern Indiana city 700 jobs by 2018, The Associated Press reported.
During the presidential campaign, Trump repeatedly cited the decision by Carrier and it's parent company, United Technologies, as an example of the types of "bad" trade deals brokered by Democrats that hurt U.S. workers.
Trump vowed to pressure Carrier to stay in the U.S. if elected president, and last week said he was "making progress" on trying to get Carrier to stay in Indiana.
“I am working hard, even on Thanksgiving, trying to get Carrier A.C. Company to stay in the U.S. (Indiana). MAKING PROGRESS - Will know soon!” Trump tweeted.
Vermont Sen. Bernie Sanders called on Trump to use United Technologies' defense contracts with the U.S. government as leverage in negotiations, urging his supporters and Trump's Rust Belt base to hold the president-elect accountable "to make sure that he keeps this promise."
"I call on Mr. Trump to make it clear to the CEO of United Technologies that if his firm wants to receive another defense contract from the taxpayers of this country, it must not move these plants to Mexico," Sanders wrote in a statement on Saturday.
The Hartford, Connecticut-based company saw $6.8 billion in federal government contracts in 2015, $6.7 billion of which came through the Department of Defense. Its Pratt & Whitney division supplies the engines for several planes and fighters for the Air Force, the New York Times reported.