As part of Trump deal, Carrier to spend millions to automate plant, lay off workers
Well, that Carrier deal worked out real good.
As part of the deal President-elect Donald Trump and Vice President-elect Mike Pence struck with Carrier, the company has promised to make a $16 million investment in its Indianapolis facility — an investment management plans to use on developing technology that will allow them to replace human workers with robots.
The company’s plans were confirmed by Greg Hayes, CEO of United Technologies, Carrier’s corporate parent, during a CNBC interview earlier this week.
“We’re going to… automate to drive the cost down so that we can continue to be competitive,” Hayes said. “Is it as cheap as moving to Mexico with lower cost labor? No. But we will make that plant competitive just because we’ll make the capital investments there. But what that ultimately means is there will be fewer jobs.”