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Stock Market & Financial Investment News

News Breaks
June 4, 2014
10:55 EDTJCIJohnson Controls opens new automotive battery manufacturing plant in China
Johnson Controls is growing its presence in China by opening a new automotive battery manufacturing plant that will produce 6M automotive batteries per year in the world's largest new vehicle market, where 22M new vehicles are produced annually.The global multi-industrial company's new 133,000 square meter facility in Chongqing City reflects an investment of $154M. Located in Fuling District of Chongqing, in Western China, the new plant will bring state-of-the-art technology and services to customers.
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September 17, 2014
06:53 EDTJCIWhite House says companies taking steps to reduce HFCs emissions
The Obama Administration yesterday announced new private sector commitments and executive actions to reduce emissions of hydroflourocarbons, or HFCs, powerful greenhouse gases that contribute to climate change, the Shite House stated. Coca-Cola (KO) has set a goal for 100 percent of its newly purchased cold drink equipment to be HFC-free, .while DuPont (DD),, announced that its new products are anticipated to reduce greenhouse gas content of refrigerants by some 90M tons carbon dioxide equivalent in the U.S., and 245M tons worldwide by 2025, the White House noted. Honeywell (HON) plans to transition the majority of its high-GWP HFC production to new low-GWP production, while Johnson Controls (JCI) committed to using the lowest GWP option for each application that best fits the needs of its customers from the standpoint of safety, efficiency, reliability, availability, and economy, according to the White House Johnson Controls also commits to spend $50M over the next three years to develop new products and improve and expand its existing low-GWP portfolio.
September 15, 2014
09:05 EDTJCIJohnson Controls announces reorganization of Building Efficiency business
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