James Briggs, Tony Cook, Chelsea Schneider, and Justin L. Mack

IndyStar

President-elect Donald Trump and Vice President-elect Mike Pence will travel to Indianapolis Thursday where the pair are expected to announce a deal with Carrier Corp. to keep hundreds of jobs in the city.

Here’s what we know:

Trump and Pence are expected to make announcement in Indianapolis

The incoming administration leaders are expected to deliver the news at an event 2 p.m. Thursday at Carrier, according to Trump's website. The event is not open to the public.

The surprising turn of events broke Tuesday when Carrier officials confirmed on Twitter an agreement with the Trump administration not to move all its operations to Mexico.

On Wednesday, Carrier announced it would continue to manufacture gas furnaces at the Indianapolis facility.

"Carrier will also designate its Indianapolis manufacturing facility as a Center of Excellence for gas furnace production, with a commitment to making significant investments to continue to maintain a world-class furnace factory," according to the company's statement.

The deal will save hundreds of jobs in Indianapolis

The agreement is expected to preserve many of Carrier’s Indianapolis jobs, yet workers still face layoffs.

Carrier had been planning to shift all of its 1,400 Indianapolis jobs to Monterrey, Mexico, where workers would earn $3 an hour. The highest-paid Indianapolis employees make $26 an hour and can earn more than $70,000 a year with overtime.

Carrier in February announced that it would begin layoffs next year and shutter its Indianapolis factory in three waves through 2019 as part of a larger reorganization that also includes the closing of Huntington-based United Technologies Electronic Controls. The company has not said whether any additional jobs would be saved in Huntington.

Donald Trump's deal with Carrier could save 1,000 jobs in Indianapolis

State leader says Carrier’s decision has more to do with federal access than state incentives

Carrier is maintaining its Indianapolis operations largely because of the business interests of its parent company, United Technologies Corp., said John Mutz, an Indiana Economic Development Corp. board member. United Technologies “wants to make sure they maintain a favorable relationship” with the Trump administration, Mutz told IndyStar.

United Technologies receives about $5.6 billion a year in federal money, constituting about 10 percent of its overall revenue.

Details of state incentives remained unclear Wednesday, but Carrier said they were an "important consideration." Mutz said they would be in line with packages given to other companies. After Carrier's announcement that it would relocate to Mexico, and at the urging of Pence, the company refunded $380,000 in training grants to the state in April. The state also revoked the most recent $300,000 grant.

Carrier workers react to Trump's jobs announcement with skepticism, excitement

Some workers who spoke to media Wednesday outside of the Carrier plant celebrated the news.

"I've got 13 years in and I don’t really want to start back over. I've got a baby on the way, and you know, it’s a blessing," Dominique Anthony told IndyStar Wednesday.

Twelve-year Carrier employee Donnisha Taylor was more skeptical.

"We don’t know anything,” Taylor said. “We don’t have any details on how they worked it out. We just know that supposedly he’s saving 1,000 jobs. But what does that really mean? To me it’s not quite clear yet, and even if it is I’m still not a Trump supporter or a fan.”

The deal fulfills a Trump campaign promise

Trump campaigned on keeping manufacturing jobs in the U.S. and promised he would convince Carrier to stay in Indianapolis — or punish the company if it refused. Trump has said he would impose a 35 percent tariff on companies that move jobs outside the U.S.

Call IndyStar reporter Chelsea Schneider at (317) 444-6077. Follow her on Twitter: @IndyStarChelsea.