Johnson Controls Growth and Acquisition History Under Retiring CEO

The press release highlights Johnson Controls' growth under retiring CEO John Barth, including the doubling of its Building Efficiency business via the acquisition of York International in 2005. This acquisition expanded the company into the residential HVAC market and grew its addressable market for HVAC and building controls to $200 billion.

“Doubled size of business via acquisition of York International in 2005, expanding the market the company serves for HVAC & building controls products/services to $200B; gained entry to the residential HVAC market for the first time in its history”

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