Viewing entries tagged with 'Johnson Controls'

JCI board approves seating and interiors spin-off

Johnson Controls has approved the previously announced spin-off of its global automotive seating and interiors business.

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Johnson Controls announces new automotive company to be named Adient

Automotive interiors producer Johnson Controls has revealed that its new automotive seating and interiors business will be called Adient. The current Automotive Experience division will be spun off into a new publicly traded company in October.

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Johnson Controls plans spin-off of automotive business

Johnson Controls plans to pursue a tax-free spin-off of its Automotive Experience business. Following the separation, which is expected to close in around 12 months, the Automotive Experience business will operate as an independent, publicly traded company.

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Johnson Controls to exit automotive seating business

Johnson Controls has announced it is “exploring strategic options for the separation of its automotive business”.

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Johnson Controls unveils new seating concept

Johnson Controls unveiled its SD15 seating demonstrator vehicle that features ink jet printing fabric technology at last month’s 2015 North American International Auto Show (NAIAS) held in Detroit, Michigan, USA.

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Johnson Controls forms new fabric joint venture in China

Automotive supplier Johnson Controls has signed an agreement with Shanghai Yanfeng Industry & Commerce and Anhui Yansheng Automotive Trim to form a new fabrics joint venture (JV) in Huainan City, Anhui Province, China.

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JCI creates interior joint venture with Yanfeng Automotive

Johnson Controls (JCI) and Yanfeng Automotive Trim Systems, a wholly-owned subsidiary of Huayu Automotive Systems, the component group of Shanghai Automotive Industry Corporation (SAIC), have signed a definitive agreement to form a global automotive interiors joint venture (JV).

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Coating makes seat covers stain-resistant and antimicrobial

Johnson Controls, a global multi-industrial company with core businesses in the automotive, building and energy storage industries, has developed a coating for fabrics that keeps automotive seats clean and hygienic. The coating repels dirt and liquid, and protects passengers from microbes and static.

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Johnson Controls to sell interiors unit to private equity firm

Johnson Controls plans to sell a division making interior parts to private equity firm Atlas Holdings by the end of April, the company said.

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Johnson Controls forms joint venture for automotive fabrics in Haining

Automotive seating supplier Johnson Controls has signed an agreement with Zhejiang Wanfang New Materials to set up a new fabrics joint venture in Haining City, Zhejiang Province, China. Johnson Controls will become one of the first Global Fortune 500 companies to invest in Haining.

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