Johnson Controls celebrated the one-year anniversary of its acquisition of York International Corp.
The company held a “One Year Later” event Jan. 29 at the AHR Expo in Dallas. The event was to highlight accomplishments that have had a positive impact on the HVACR industry.
The company reports that the December 2005 acquisition of York increased the revenues of Johnson Controls’ global building efficiency business from $6 billion to $12 billion. The contribution of the building efficiency business was recognized recently by Forbes magazine, which named Johnson Controls one of “the best-managed big companies in the U.S.”
C. David Myers, president of the building-efficiency business, reflected on the events of the past year.
“When we officially announced the acquisition, we did so under the theme ‘Together we can do more,’” said Myers. “We did that based on customer research, and customers have indicated their preference for a single provider for their entire HVACR and building-management system.”
“Johnson Controls and York were able to work productively from the very start, and we are pleased with the progress in year one,” Myers continued. “We now provide the largest truck-based HVACR services organization and provide customers access to more integrated systems and services; a single source for enhanced HVACR, controls, fire and security systems.”
Johnson Controls marks anniversary of York buy
May 1, 2007