Trump’s transition team did not comment on the deal, but he and Pence are expected to make a joint appearance in Indianapolis on Thursday to formally announce the agreement.
Trump made bringing back factory jobs to the United States and revitalizing America’s working class a staple of his campaign.
He reiterated his pledge after the election, tweeting last week that he was “working hard, even on Thanksgiving, trying to get Carrier A.C. Company to stay in the U.S.”
Carrier had announced during the campaign that it planned to relocate 2,000 jobs south of the border.
When the union protested, the company said it expected to save $65 million a year by paying the Mexican workers just $3 an hour, the Indianapolis Star reported.
That would have been about $23 an hour less than what the American workers make.