Final Thoughts

I was very disappointed to hear the news that Carrier Corporation has decided to move their manufacturing and distribution operations in Indianapolis, Indiana to Monterrey, Mexico. As I heard the news I thought about the 2016 AHR Expo show (co-sponsored by ASHRAE and the AHRI) that I attended at the end of January. That show is billed as the “World’s largest HVACR Marketplace” but Carrier did not bother to exhibit.

Carrier was at one time during my active steel sales career one of my largest accounts. I feel sad for the 1,400 workers and their families in Indiana that will lose their jobs as Carrier focuses their business to other areas of the world. I also saw Donald Trump’s comments about Carrier Corporation during the presidential debates (which we have quoted in another article on the subject in this evening’s edition). I would be curious to hear what you think about Carrier’s (and other companies across the U.S.) move to Mexico and its impact on the U.S. steel and distribution industries. You can provide your opinion at: John@SteelMarketUpdate.com.