Carrier Corp, which makes heating and air-conditioning equipment, has signed an agreement with US president-elect Donald Trump to keep an Indiana factory open; the agreement includes a state incentive package of about $7 million over several years — according to The Wall Street Journal.

The deal is “contingent upon factors including employment, job retention and capital investment,” according to an e-mailed statement from Carrier. It covers about 1,100 workers, including engineering and headquarters employees.

Earlier this year, Carrier said it would move the plant’s operations to Mexico — cutting 1,400 US jobs — to keep production costs competitive. The decision attracted national interest after a worker’s cellphone video of the announcement to employees went ‘viral’ on social media.

Mr Trump made political capital out of the situation, saying he would impose a large amount of tax on Carrier’s Mexican-made products. He criticised the company a number of times during his election campaign and held it up as an example of the ways global trade hurts US workers.