Carrier, which last week reached a deal with President-elect Donald Trump Donald John TrumpOmar fires back at Trump over rally remarks: 'This is my country' Pelosi: Trump hurrying to fill SCOTUS seat so he can repeal ObamaCare Trump mocks Biden appearance, mask use ahead of first debate MORE to keep about 1,100 jobs in the U.S., is raising its prices.

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United Technologies Corp., which owns Carrier, will raise prices for residential and commercial HVAC equipment as much as 5 percent starting next year, according to Business Insider.

The price change was first announced Nov. 23, according to the report. The company said the decision was unrelated to the deal with Trump.

Carrier last week reached an agreement with Trump and Vice President-elect Mike Pence Michael (Mike) Richard PenceButtigieg stands in as Pence for Harris's debate practice Trump argues full Supreme Court needed to settle potential election disputes Pence adviser knocks ex-staffer who criticized Trump on COVID-19 MORE to keep nearly 1,000 jobs in Indiana. The company had said earlier this year it was moving those jobs, and about 2,000 others, to Mexico. The company will receive $7 million in state tax breaks over 10 years as part of the deal.

Moving jobs to Mexico would have helped United Technologies save $65 million a year, according to the report.