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TypePublicTraded�asNYSE: JCIS&P 500 ComponentIndustryAutomotive InteriorsHVAC Equipment and Controlsbattery ManufacturingFounded1885HeadquartersNorth American HQ - Glendale, Johnson controls HQ - Cork, Ireland Number of employees170,000 (As on Nov 30, 2012)Websitewww .jci .comJohnson Controls is an American multinational conglomerate producing automotive parts such as batteries and electronics and HVAC equipment for buildings.
It employs 170,000 people in more than 1,300 locations across six continents. As of 2012 [update] it was listed as 67th in the Fortune 500 [1] and 251st in Global 500.
[2]On January 25, 2016, Johnson announced a controversial tax inversion merger with Tyco International to form "Johnson Controls International plc". The merger led to the avoidance of U.S. taxes and a financial windfall for the CEO. [3] [4] Contents� 1 History� 2 Merger with Tyco� 3 Women's work rights� 4 Business units� 4.1 Building Efficiency� 4.2 Global WorkPlace Solutions� 4.3 Power Solutions� 4.4 Automotive Experience� 5 Joint ventures� 5.1 Johnson Controls-Saft Advanced Power Solutions� 5.2 Other� 6 See also� 7 References� 8 External linksHistory [ edit ] A Johnson Super-Sensitive Thermometer on an air conditioning unitIn 1883, Warren Johnson, a professor at the State Normal School in Whitewater, Wisconsin, received a patent for the first electric room thermostat.
His invention helped launch the building control industry and was the impetus for a new company. Johnson and a group of Milwaukee investors incorporated the Johnson Electric Service Company in 1885 to manufacture, install and service automatic temperature regulation systems for buildings. After Johnson's death in 1911, the company decided to focus on its temperature control business for nonresidential buildings.
The company was renamed Johnson Controls in 1974.On November 21, 2005, Johnson Controls Inc. said it must restate financial results for fiscal years 2003 and 2004 and the first three quarters of fiscal 2005. The changes would have no impact on net income, earnings per share or the financial position as previously reported.
[5] The Johnson Controls plant in Lakeshore, Ontario closed in late March 2010 and the property was sold. [6] In 2013, Stephen Roell retired and Alex Molinaroli took his position as CEO and johnson controls of the board.
[7] Merger with Tyco [ edit ]In January 2016, Johnson Controls announced plans to merge with Tyco International to create a company based in Ireland. The merger will save the company about $150-million per year in taxes. The new company will be called Johnson Controls International Plc. [8]Hillary Clinton condemned the company for wanting to escape U.S.
taxes through the merger after having "begged" the government for financial help in 2008. [9] The Johnson deal, termed "outrageous" by Fortune magazine, qualifies as a "super inversion" because Tyco shareholders will own 44% of the company, thus avoiding penalties that the United States Department of the Treasury has imposed on other inversion deals.
Women's work rights [ edit ]In 1982, Johnson Controls enacted what it called a " fetal protection policy", which denied women the right to work on the battery production line because of the potential harm to a fetus they might conceive.
Women were allowed to work on the production line only if they could prove that ".their inability to bear children had been medically documented." In April 1984, the United Auto Workers sued Johnson Controls on behalf of three employees. These employees were Mary Craig, who had chosen to be sterilized to avoid losing her job, Elsie Nason, a 50-year-old divorcee, who had suffered a loss of compensation when she was transferred from a high paying job that exposed her to lead, and Donald Penney, who had been denied a request for a leave of absence for the purpose of lowering his blood lead levels because he intended to become a father.
The case was argued before the Supreme Court on October 10, 1990 and was decided on March 20, 1991. The Court ruled in favor of the plaintiffs. This was a landmark ruling because it affirmed that ".it is no more important for the courts than it is for individual employers to decide whether a woman's reproductive role is more important to herself and her family than her economic role." [10] Business units [ edit ]The company�s operations are segmented into four business units: Building Efficiency, Global WorkPlace Solutions, Power Solutions and Automotive Experience.
Building Efficiency [ edit ]The Building Efficiency business unit designs, produces, installs and services heating, ventilation and air conditioning systems, industrial refrigeration, building management systems, fire and security systems and mechanical equipment for commercial and residential buildings. The brands produced under this business unit are York, TempMaster, Metasys, Panoptix, Frick and Sabroe.
[11] This unit also works with organizations to reduce the energy consumption and operati� Air Systems� Building Management� HVAC Controls� HVAC Equipment� Security and Fire Safety� Refrigeration� Services and Support� Replacement Parts and Supplies� Solutions by Industry� Our Brands With a johnson controls to create a safe, comfortable and sustainable world, a newly formed Johnson Controls�began operations Sept.
6 following the successful completion of its merger with Tyco, marking a�historic turning point for both companies. Smart Connected Chillers are reshaping how chiller service is delivered and improving results for connected customers.
With more than 3,000 chillers now connected, more than 54 million data samples are generated daily. Energy systems are evolving with traditional users acting as both energy producers and consumers. This type of energy efficiency innovation was highlighted at the 2016 Energy Efficiency Forum in Washington, D.C. Johnson Controls and the Sacramento Kings have signed an agreement that will integrate the building automation systems, as well as fire and life safety systems, to create an all-encompassing impact on Golden 1 Center � the future home of the Sacramento Kings. The 2016 Johnson Controls Energy Efficiency Indicator (EEI) survey of more than 1,200 facility and energy management executives in the United States, Brazil, China, Germany and India shows interest and investment in energy efficiency are at an all-time high. A new residential touch-screen thermostat from the YORK� brand of Johnson Controls keeps homeowners seamlessly connected to their home comfort systems at home or away via their smartphones, tablets or computers. Johnson Controls is partnering on an initiative to replace HVAC rooftop equipment at 225 Target stores.
The initiative is a three-year project that entails installing 3,600 York Predator series packaged rooftop units to maximize energy savings through more efficient HVAC equipment at stores eight years or older. Johnson Controls recently won the Governor�s New Product Award for its distributed energy storage offerings. The company took first place in the mega company category, which includes firms with 10,000 or more employees. Two Johnson Controls battery plants in Mexico have transformed the way they operate as part of a newly implemented manufacturing system johnson controls is leading to lower costs, increased productivity, higher customer satisfaction and employee engagement. American consumers are strongly influenced by both the price of gas and fuel efficiency when purchasing a vehicle, according to a new survey conducted by the Opinion Research Corporation on behalf of Johnson Controls. Johnson Controls is forming a joint venture with Binzhou Bohai Piston Co., Ltd., to johnson controls its fourth Chinese automotive battery manufacturing plant.
Aimed at serving both automakers and aftermarket customers, the facility will be located in Binzhou, Shandong Province. Johnson Controls has announced two multi-year research projects at the University of Wisconsin�Madison aimed at enhancing the fuel efficiency of start-stop and next-generation battery-electric vehicles. To help consumers find a nearby facility to recycle used vehicle, boat, motorcycle or lawn/garden batteries, Johnson Controls, the world�s largest manufacturer and recycler of vehicle batteries, is encouraging consumers to visit its website www.recyclingmybattery.com. Johnson Controls announced its board of directors has approved the previously announced spin-off of its global automotive seating and interiors business.
The transaction will result in two independent, publicly traded companies: Johnson Controls International plc and Adient plc. The spin-off is expected to be completed on Oct. 31, 2016. Johnson Controls Automotive Seating ranked highest in three out of seven vehicle segments in the annual J.D. Power 2016 Seat Quality and Satisfaction Study.
The company ranks highest in more categories than any other seating supplier. Johnson Controls Automotive Seating is proud to be the seating sponsor of the first-place award-winning EcoCAR 3 team. Johnson Controls supplied the custom seats for The Ohio State University�s winning lightweight vehicle in a national competition. Sherry Diccion, manager, supplier diversity and business development for the company�s Automotive Experience group, has been selected as one of DiversityPlus Magazine�s 2016 �Top 25 Women in Power Impacting Diversity." The Volvo S90 sets a new standard in the luxury-class sedan segment.
Volvo worked with Johnson Controls for the vehicles� seats. The seats use high-quality seat cover material, comfortable upholstery and top-quality workmanship to guarantee luxury and comfort. With summer vacation driving season right around the corner, the seating specialists from Johnson Controls, the leading manufacturer of automotive seating systems and components globally, have produced a new eight-step video that provides easy-to-understand tips to achieve the best ergonomic adjustment of a vehicle seat. Let's start with the end goal in mind: Search Options�� Search the web� Search English pages�� All news� Blogs�� Recent� Past hour� Past 24 hours� Past week� Past month� Past year� Archives�� Sorted by relevance� Sorted by dateReset tools Johnson Controls Inc.'s automotive parts business expects to boost profits and investments in 2017 after it is spun off following the Milwaukee�.
How Johnson Controls' CEO Plans to Unite Two Giant Companies FortuneAdient sees profit rising post-spinoff from Johnson Controls Automotive News (subscription) (blog)Johnson Controls spinoff Adient projects $17 billion in revenue Milwaukee Business JournalInvestopedia - TheStreet.com Johnson Controls completed its merger with Tyco, expanding the industrial company's breadth in a corporate inversion deal that has been�.
Johnson Controls International debuts Milwaukee Journal SentinelJohnson Controls Completes Inversion Deal (JCI) InvestopediaJohnson Controls completes merger with Tyco International fox6now.comBizTimes.com (Milwaukee) - StreetInsider.com Johnson Controls' auto business is getting the short end of the stick in the company's breakup.
Once the largest U.S. supplier of car parts,�. One Reason Why Johnson Controls (JCI) Stock Is Gaining Today TheStreet.comJohnson Controls shareholders file another suit against executives BizTimes.com (Milwaukee)Johnson Controls Inc.
(NYSE:JCI) Insider Activities Are in the Air Review FortuneBenzinga - Nasdaq Johnson Controls is now an Irish company. That's a long way from Milwaukee, where it's been doing business since it was founded in 1885. Johnson Controls Board Approves Separation Of Adient AftermarketNews.com (AMN)Yesterday's Upgrade: Johnson Controls Inc (NYSE:JCI) Review FortuneEarnings Analysis of: Johnson Controls, Inc.
(NYSE:JCI) News OracleMoney News - Automotive World (press release) When Alex Molinaroli took the reins at Johnson Controls three years ago, he signaled clearly that big changes were coming. Johnson Controls�. Johnson Controls announces preliminary shareholder merger . PR Newswire (press release)Moody's Updates Johnson Controls (JCI), Downgrades Tyco (TYC .
StreetInsider.comJohnson Controls Inc. (NYSE:JCI) Insiders Look Pessimistic About . Review FortuneNews Oracle - Money News The selection and placement of stories on this page were determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Google News.Advanced search RSS Search Help Send feedback News Johnson Controls International PLC JCI Significant News Only�� 09/17/16� Press ReleaseJohnson Controls board of directors approves separation of Adient� Press Release�� 09/17/16� Press ReleaseJohnson Controls and Tyco complete merger� Press Release�� 09/17/16� Press ReleaseJohnson Controls announces preliminary shareholder merger consideration election results� Press Release�� 09/15/16� Dow Jones NewswiresIndustrials Up, But Not By Much, on Weak Data - Industrials Roundup� Dow Jones Newswires�� 09/15/16� Dow Jones NewswiresJohnson Controls Auto Parts Business Expects Higher Profit After Spinoff-Update� Dow Jones Newswires�� 09/15/16� The Wall Street JournalJohnson Controls Auto Parts Business Expects Higher Profit After Spinoff� The Wall Street Journal�� 09/15/16� Dow Jones NewswiresCorrection to Johnson Controls Spinoff Story� Dow Jones Newswires�� 09/15/16� Press ReleaseAdient announces expectations for increased profitability in fiscal 2017� Press Release�� 09/15/16� Dow Jones NewswiresJohnson Controls Auto Parts Business Expects Higher Profit After Spinoff� Dow Jones Newswires�� 09/09/16� Press ReleaseJohnson Controls Intl Files 8K - Changes Exec Mgmt >JCI� Press Release�� 09/09/16� Press ReleaseJohnson Controls Intl Files 8K - Changes To Articles >JCI� Press Release�� 09/09/16� Press ReleaseJohnson Controls Intl Files 8K - Regulation FD >JCI� Press Release�� 09/09/16� Press ReleaseJohnson Controls Intl Files 8K - Entry Into Definitive Agreement >JCI� Press Release�� 09/09/16� Press ReleaseJohnson Controls Intl Files 8K - Other Events >JCI� Press Release�� 09/08/16� Press ReleaseJohnson Controls board of directors approves separation of Adient� Press Release�� 09/06/16� Press ReleaseJohnson Controls Files 8K - Changes To Articles >JCI� Press Release�� 09/06/16� Press ReleaseJohnson Controls Files 8K - Changes In Control >JCI� Press Release�� 09/06/16� Press ReleaseJohnson Controls Files 8K - Changes Exec Mgmt >JCI� Press Release�� 09/06/16� Press ReleaseJohnson Controls Files 8K - Listing Notice >JCI� Press Release�� 09/06/16� Press ReleaseJohnson Controls Files 8K - Changes To Johnson controls Rights >JCI� Press Release�� 09/01/16� Press ReleaseTyco Cares Foundation Expands Programs Focusing on Youth Education in Latin America and China� Press Release�� 08/25/16� Dow Jones NewswiresMettler-Toledo to Join S&P 500� Dow Jones Newswires�� 08/25/16� Press ReleaseMettler-Toledo International Set to Join the S&P 500; Monolithic Power Systems to Join S&P MidCap 400; WCI Communities and Nautilus to Join S&P SmallCap 600� Press Release�� 08/18/16� Press ReleaseTyco International Files 8K - Other Events >TYC� Press Release�� 08/18/16� Press ReleaseTyco Reaches Agreement to Sell its Security Business in South Africa� Press Release�� 08/17/16� Press ReleaseJohnson Controls shareholders approve merger with Tyco� Press Release�� 08/13/16� Barron'sZika Shares Don�t Look Like a Bargain� Barron's�� 07/29/16� Dow Jones NewswiresTyco Tops Views, Says Johnson Controls Merger Will Close Ahead of Schedule� Dow Jones Newswires�� 07/29/16� The Wall Street JournalTyco Tops Views, Says Johnson Controls Merger Will Close Ahead of Schedule� The Wall Street Journal�� 07/21/16� Dow Jones NewswiresJohnson Controls Profit Jumps; Company Sees Faster Closing on Tyco Deal� Dow Jones Newswires�� 07/21/16� The Wall Street JournalJohnson Controls Profit Jumps� The Wall Street Journal�� 07/12/16� Dow Jones NewswiresU.S.
Hot Stocks: Hot Stocks to Watch� Dow Jones Newswires�� 07/11/16� The Wall Street JournalJohnson Controls Settles China Corruption Case With SEC� The Wall Street Journal�� 07/11/16� Dow Jones NewswiresJohnson Controls Settles China Corruption Case with SEC� Dow Jones Newswires�� 06/10/16� The Wall Street JournalRonald Hall Sr.
Founded Bridgewater Interiors� The Wall Street Journal�� 06/09/16� The Wall Street JournalAuto-Parts Makers Invest in Mexico, China on Production Strength� The Wall Street Journal�� 06/07/16� The Wall Street JournalLuxury-Car Makers Turn Their Attention to�Seats.
Massage, Anyone?� The Wall Street Journal�� 06/06/16� WSJ BlogsTyco CIO Tapped for Top IT Post After Johnson Controls Merger� WSJ Blogs�� 06/04/16� Barron'sHow to Exploit the Options Market�s Fear Premium� Barron's P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for the trailing 12 month period.
Earnings Per Share (TTM) A company's net income for the trailing twelve month period expressed as a dollar amount per fully diluted shares outstanding. Market Capitalization Reflects the total market value of a company.
Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. For companies with multiple common share classes, market capitalization includes both classes. Shares Outstanding Number of shares that are currently held by investors, including restricte������� ����������� �� ��� �������, ��������� ��� ������� ��䳿 �� ������ ������.
���� � ��� ���� ��������� ������ Facebook, �� ������ ���� ��������, ��� ���������� ����� ��� ��, �� �������������� �� ��� �������. ������� ����������� �� ��� �������, ��������� ��� ������� ��䳿 �� ������ ������. ���� � ��� ���� ��������� ������ Facebook, �� ������ ���� ��������, ��� ���������� ����� ��� ��, �� �������������� �� ��� �������. What do you get when you prioritize customer satisfaction, cost reduction, productivity and employee engagement?
The result is an effective approach called the Johnson Controls # Manufacturing System (JCMS). Learn how it's yielding great success for two of our Mexico plants: https://on.jci.com/2bZbQt2 There's no question the # InternetofThings is here, impacting all areas of our lives. But what does it mean for buildings, and the facility management companies responsible for their smooth operation and performance? Get the rundown from our own Sudhi Sinha, VP Product Development, Building Efficiency: https://on.jci.com/2cR4xF7 # IoT In 1908, the Singer Building was the tallest in the world.
The New York City landmark was also one of the first skyscrapers to install our temperature regulation system, with 1,200 room thermostats providing 47 floors of comfort. # TBT # IoT spending will reach $1.7 trillion in 2020. But is the # HVAC industry ready to embrace this technology? Find out what the experts think, including our own Sudhi Sinha, VP Product Development, Building Efficiency: https://on.jci.com/2c5xSqz Absorbent Glass Mat (AGM) # batteries can handle today�s vehicle power demands.
And we have manufacturing facilities across the world to deliver them to our customers � wherever they are � for all kinds of applications. Learn more: https://on.jci.com/1QrbubY Let's start with the end goal in mind: A comfortable, efficient, healing environment.
That's what Methodist University Hospital is striving toward with their 440,000 square foot expansion and renovation � and we've signed a $12.9 million technology contract to help get them there. Learn about our approach: https://on.jci.com/2bgfMUm # SmartBuildings Buildings, meet the # cloud. We're using Microsoft's Azure Internet of Things Suite to connect building equipment, aggregate and manage data, and yield actionable insights.
Learn how it's saving our customers money, and helping our planet in the process: https://on.jci.com/2b9YMOe # IoT JCI Wichita UPG. Yeah, you guys are princes for sure!! Contract negotiatio ns going on right now, corporate wants to el . iminate the pension fund! My wife has 40 years in this plant, if she stays on another 5 years (as she needs to.), she will probably lose it all. City of Wichita, has given you scumbags millions of $$ in incentives to stay, this is your thanks to the people who have carried you on their backs for decades.
Sometimes I hope there is a Hell! �������� �����. As a very small share holder, I am very disappoint ed in the merger with Tyco. Johnson controls is doing exactly what Ame . ricans have been complainin g about, eliminatin g american jobs and doing a tax inversion deal to keep from paying so much in taxes, but causing shareholde r to pay taxes. I will be glad to part with my shares.
I'm no fan of Trump but he is right, you need to suffer some consequenc es for this merger! �������� �����.
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