Carrier, a manufacture of furnaces at a facility on W. Morris St. in Indianapolis say they plan to relocate over the next three years in three phases.
The heating, ventilating, air conditioning, and refrigeration system (HVAC) company will begin the process in 2017 and hopes to complete everything by 2019.
They say they chose to close the Indianapolis operation because of cost.
Chris Nelson, Carrier’s president of HVAC systems and services for North America, said in a statement:
“This move is intended to address the challenges we continue to face in a rapidly changing HVAC industry, with the continued migration of the HVAC industry to Mexico, including our suppliers and competitors, and ongoing cost and pricing pressures driven, in part, by new regulatory requirements.”
Indianapolis Mayor Joe Hogsett called it a “surprise announcement was without warning and incredibly disappointing,”.
Local union representatives say they will discuss the move with Carrier. Reportedly the talks will include severance benefits, and the company’s Employee Scholar Program.