![]() ![]() In 1985, Johnson Controls acquired automotive seating companies Hoover Universal and Ferro Manufacturing. That same year, the company divested itself of the Standard Electric Time Company and sold it to Faraday. In 1978, Johnson Controls acquired battery company Globe-Union. The company was renamed Johnson Controls in 1974. In 1970, the company took over clock manufacturer Standard Electric Time Company. ![]() After Johnson's death in 1911, the company decided to focus on its temperature control business for non-residential buildings. Johnson and a group of Milwaukee investors led by William Plankinton incorporated the Johnson Electric Service Company in 1885 to manufacture, install and service automatic temperature regulation systems for buildings. His invention helped launch the building control industry and was the impetus for a new company. Johnson, a professor at the Whitewater Normal School (now University of Wisconsin–Whitewater) in Whitewater, Wisconsin, received a patent for the first electric room thermostat. History A Johnson Super-Sensitive Thermometer on an old air conditioning unit The merger led to the avoidance of taxation on foreign market operations and a financial windfall for the CEO of Johnson Controls at that time, Alex Molinaroli. The company was formed via the merger of American company Johnson Controls with Tyco International, announced on 25 January 2016. It became ineligible for the Fortune 500 in subsequent years since it relocated its headquarters outside the U.S. In 2017 it was listed as 389th in the Fortune Global 500. As of mid-2019, it employed 105,000 people in around 2,000 locations across six continents. Johnson Controls International is an American, Irish-domiciled multinational conglomerate headquartered in Cork, Ireland, that produces fire, HVAC, and security equipment for buildings. ![]()
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