United Technologies CEO Greg Hayes said there's a cost to keeping Carrier's Indiana plant open in a deal with President-elect Donald Trump, but he expected that the move will pay off in the long-term.
"I was born at night, but it wasn't last night," Hayes told "Mad Money" host Jim Cramer on Monday. "I also know that about 10 percent of our revenue comes from the U.S. government."
Hayes said that a Trump administration could potentially bring a "better" regulatory environment and a lower tax rate, which could help United Technologies in the long run.