Johnson Controls International (or: Johnson Controls Co., Ltd.) Johnson Controls International plc (NYSE: JCI) is a century-old company founded in 1885, formerly known as Johnson Controls Inc., and changed to its current name in September 2016. It was formerly named Johnson Electric Service Company and changed to Johnson Controls in 1974. Headquartered in Cork, Ireland, with 105,000 full-time employees, it is a global diversified technology and diversified industrial company.
Johnson Controls International (JCI):
Johnson Controls International PLC. is a US listed company and multinational company headquartered in Cork, Ireland, specializing in temperature control, air conditioning, mechanical equipment and energy. Its predecessor, Johnson Controls, was the world’s first manufacturer of automatic temperature controllers and was once the world’s largest supplier of automotive batteries, seats and interiors. The current Johnson Controls International was formed by the merger of Johnson Controls and Tyco International on September 6, 2016. Its main business is building facility efficiency, energy power and decentralized energy storage solutions.
Johnson Controls International is divided into 4 divisions to operate: Building Solutions North America (North American building solutions), Building Solutions EMEA/LA (EMEA/LA building solutions) and Global Products (global products).
Johnson Controls International designs, sells, installs, and services heating, ventilation and air conditioning systems, control systems, integrated electronic security systems, and integrated fire detection and suppression systems for commercial, industrial, retail, small businesses, institutions, and government customers; and energy efficiency Solutions and technical services, including inspections, regular maintenance, and replacement of machinery and control systems in non-residential buildings and industrial applications.
Johnson Controls International also designs and manufactures heating and air-conditioning for residential and commercial applications; sells products and refrigeration systems to the replacement and new construction market; and designs and manufactures for commercial, industrial, retail, residential, small businesses, institutions and government customers And sell fire protection and security products, including intrusion security, anti-theft devices, and access control and video management systems.
Johnson Controls International (JCI) History:
- In 1883, the Milwaukee Electric Company, the predecessor of Johnson Controls, was founded in 1883 by Warren Samuel Johnson (middle school teacher) and William Plankington (hotel owner), specializing in the production of the invention and patented by Professor Warren Johnson Johnson electronic temperature control system.
- In 1885, the company was reorganized into Johnson Electrical Services. Johnson invented chandeliers, unsprung door locks, anti-strike tires, thermometers, and hose systems for supplying steam and heating to passenger trains.
- In 1895, the invention of the tower clock made the company famous.
- In 1901, the company’s board of directors elected Johnson as the company’s president.
- In 1902, the company was renamed Johnson Service Company.
- When Johnson died in 1911, he already owned more than 50 patents related to the company’s development.
- In 1912, the company decided to concentrate on developing the power control business and sold all other businesses. It set up 18 branches across the country. The construction boom in the 1920s made the company’s business expand rapidly.
- After World War II, as a military material manufacturer, the company began to install humidity-temperature control systems for defense facilities, and produced moisture-proof detectors to detect air leakage for military facilities, warships, and landing barges.
- After World War II, with the prosperity of the civil construction market, the company’s business prospered again, and air-conditioning has become a new consumption hotspot.
- In 1949, Johnson Controls’ annual sales reached 10 million US dollars.
- In 1961, the system engineering and construction division responsible for military contracts was established (to provide equipment for 57 Titam II launch facilities of the Air Force and most other missile projects, and the National Aeronautics and Space Administration also ordered missile control instruments for the Apollo moon landing from the company).
- In 1963, the electronics division of Fischbach and Moore was acquired.
- In 1968, Johnson Controls acquired the 50-year-old Paine Controls, bringing the company’s annual sales to 155 million US dollars.
- In 1977, it controlled about 35% of the commercial building control system market with a total market value of 600 million U.S. dollars. It had 114 branches and 300 service centers in the United States and Canada, and the company had annual sales of nearly 500 million U.S. dollars.
- In 1978, the company merged with the largest automobile battery manufacturer in the United States-Global Unified Corporation, which doubled the company’s annual sales to more than $1 billion.
- In mid-1989, Johnson & Johnson acquired Pan American World Service Corporation.
- In August 2001, Changchun Faway-Johnson Controls Automotive Trim Systems Co., Ltd. (Faway-Johnson Controls for short) was formally established. It is a joint venture between China FAW Group Faway Automobile Co., Ltd. and Johnson Controls of the United States. Product manufacturing enterprises.
- With the development of green buildings and smart buildings, in addition to temperature control, Johnson Controls also deploys automated control systems for heating, ventilation and air conditioning (HVAC), energy saving, energy storage, fire protection and safety. In 2005, it acquired Cal-Air, a large California machinery and equipment manufacturer, to expand its customer base. In the same year, it acquired York International, the world’s largest manufacturer of HVAC and refrigeration equipment.
- On October 1, 2015, Johnson Controls and Hitachi Manufacturing Co., Ltd. announced that they have reached a global joint venture agreement. The former acquired 60% of the shares of Hitachi Electric, a subsidiary of the latter. Hitachi, which separated from the Hitachi Group, was renamed Johnson Controls-Hitachi Air Conditioning (Johnson Controls-Hitachi). Air Conditioning).
- In 2006, Johnson Controls acquired York Group, a giant in the HVAC industry, for a high price of US$3.2 billion, further expanding the construction facility efficiency department.
- In 2010, Johnson Controls established a new Asia-Pacific branch in Shanghai.
- On July 24, 2015, Johnson Controls planned to spin off its automotive interior business into an independent listed company, and it is expected to complete the spin-off within one year. Johnson Controls’ automotive interior business is the largest in the world, with revenue of 22 billion US dollars in 2014, accounting for one-fifth of the company’s total revenue.
- On January 25, 2016, Johnson Controls announced the merger with Tyco International .
- On September 6, 2016, Johnson Controls completed the merger with Tyco International, a major fire and safety control company. Johnson Controls’ shareholders own 56% of the new company. The merged new company, Johnson Controls International PLC., for Tax Inversion, moved its headquarters to Cork, Ireland, where Tyco International was registered (the actual operating headquarters is still in secret. Alwaki), aroused criticism in the United States.
- November 14, 2018, Johnson Controls for $ 13.2 billion to its production of automotive battery business to Canada’s Brookfield Asset Management (Brookfield Business Partners LP) and Quebec investment company Caisse de depot et placement as well as some cooperation partner. Brookfield and Cassie each hold 30% of the equity, and the balance is shared by other partners.