Johnson Controls
Johnson Controls International plc is an American, Irish-domiciled multinational conglomerate headquartered in Cork, Ireland, that produces fire, HVAC, and security equipment for buildings. As of mid-2019, it employed 105,000 people in around 2,000 locations across six continents. In 2017 it was listed as 389th in the Fortune Global 500. It became ineligible for the Fortune 500 in subsequent years since it relocated its headquarters outside the U.S.
| Company type | Public |
|---|---|
Traded as |
|
| ISIN | IE00BY7QL619 |
| Industry | Conglomerate |
| Founded | 1885 (as Johnson Electric Service Company) September 9, 2016 (current Johnson Controls International plc) |
| Founder | Warren S. Johnson |
| Headquarters | Cork, Ireland |
Key people | George Oliver (Chairman, CEO) |
| Products | Climate Control, HVAC, Facility Management, Fire Alarm and Suppression |
| Revenue | US$26.8 billion (2023) |
| US$2.03 billion (2023) | |
Net income | US$1.85 billion (2023) |
| Total assets | US$42.2 billion (2023) |
| Total equity | US$16.5 billion (2023) |
Number of employees | c. 100,000 (2023) |
| Subsidiaries | Johnson Controls Hitachi |
| Website | www |
| Footnotes / references Financials as of September 30, 2023. | |
The company was formed via the merger of American company Johnson Controls with Tyco International, announced on 25 January 2016. The merger led to the avoidance of taxation on foreign market operations and a financial windfall for the CEO of Johnson Controls at that time, Alex Molinaroli.
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