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Expansion Jul 2006 Verified

Johnson Controls expands building efficiency business through York acquisition synergies

The York acquisition has significantly expanded Johnson Controls' building efficiency segment, with cross-selling opportunities being realized, strong orders momentum including integrated controls/mechanical equipment jobs, and a rising backlog supporting growth outlook.

“Benefits of York acquisition accelerate Cross-selling opportunities being realized Strong orders momentum, including integrated (controls/mechanical equipment) jobs Rising backlog supports growth outlook”

Entities

York International · Target Johnson Controls Inc. · Acquirer
HVAC Sentiment: Positive

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.