|Bid||0.00 x 400000|
|Ask||2,164.00 x 400000|
|Day's Range||2,140.00 - 2,148.10|
|52 Week Range||1,855.80 - 2,433.50|
|PE Ratio (TTM)||333.23|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
United Technologies (UTX) arm Carrier anticipates the 300-employee lay off at its Indianapolis factory to help it to become more cost effective and better serve its customers.
Carrier Corp. is beginning job cuts at the Indianapolis factory that became a rallying cry for President Donald Trump because of the company’s plans to shift work to Mexico.
INDIANAPOLIS, July 19, 2017 /PRNewswire/ -- Carrier continues to honor its 2016 commitment to employ approximately 1,100 associates in Indianapolis. As announced in November, this includes headquarters and engineering jobs and more than 800 employees supporting our world-class gas furnace manufacturing center. This week, approximately 300 employees will leave Carrier as part of the previously announced plan to relocate fan coil manufacturing production lines.