In 1901 the company began making steam-powered cars and trucks, and shortly after introduced a line of gasoline cars featuring luxurious leather and wood interiors (JCI, 2015).
The early 1900’s meant big business for Johnson Controls, Inc. Two divisions were growing through the process of innovation: building controls and automotive operations with the emphasis on efficient manufacturing and dedicated customer service at the core. Johnson Controls began an era of exceptional growth, adding business operations and customers all over the world.
Today, Johnson Controls, Inc. is a leading provider of equipment and controls for heating, ventilating, air-conditioning and refrigeration, and security systems for buildings. Also, from the initial concept to the final implementation, added-value products for vehicle interiors which enhance consumer preference and surpass vehicle manufacturer requirements (Wiki, 2015). As a global multi-industrial company, Johnson Controls, Inc. lists its competitors as Ingersoll Rand, United Technologies and Honeywell in its Building Efficiency segment. It lists Pep-boys, Exide and Walmart in its Power Solutions segment. Lear, And, Magna, and Daimler are considered competition in its Automotive segment (Yahoo Finance, 2015). The company relies heavily on its Building Efficiency and Power Solutions segments, …show more content…
has been trending upward. Within the last three years it has had an average low of $23.37 and an average high of $52.50 (Yahoo Finance, 2015); (Appendix E). Recent history has categorized the company as automotive because of its larger auto presence, although it has always been a multi-industrial company (Encylopedia.com, 2015). The Johnson Controls, Inc. stock when compared to it-self trends upward. When compared to its multi-industrial peers, holds its own but needs improvement. As the company strives to attain multi-industrial classification around the world, the numbers would require separating each business segment to make true