Farmington-based Carrier Corp. said it plans to create 276 new jobs and invest $36.5 million to start a second production line at its plant on the far west side of Indianapolis, The Indianapolis Business Journal reports.
Carrier is requesting tax abatement from the city to help offset the cost of the investment. The Metropolitan Development Commission granted preliminary approval at its Wednesday meeting.
The new jobs should pay an average of $19 an hour and should be filled by the end of 2015, said Carrier, which will retain 1,450 additional jobs with the help of the abatement, it said.
The company said it already spent $32 million to upgrade equipment at the plant at 7310 W. Morris St. to produce high-efficiency furnaces.
Carrier employed as many as 2,000 people in Indianapolis in 2005 but began trimming its work force as the residential real estate market slumped.
