Wednesday August 16, 6:12 pm Eastern Time
Press Release
SOURCE: Johnson Controls
Johnson Controls Selected By Industry Week Magazine as One of the World's 100 Best-Managed Companies
MILWAUKEE, Aug. 16 /PRNewswire/ -- Johnson Controls (NYSE: JCI - news) has been selected for the fifth annual list of Industry Week 100 Best-Managed Companies, published by ``Industry Week'' magazine.
Johnson Controls is one of only 36 companies that have appeared on the 100 Best Managed Companies list for all five years.
Candidates for the 100 Best-Managed Companies list were culled from the Industry Week 1000, a list of the world's largest publicly held manufacturing companies based on revenues.
Johnson Controls was selected after an evaluation of financial performance and company's practices in areas such as philanthropy and safety, and voting by a panel of more than 90 business leaders, analysts, and academicians.
``We're pleased to be named once again to the Industry Week 100 Best Managed Companies list, which validates our focus on ensuring customer satisfaction as a key factor to continued success,'' said James H. Keyes, chairman and chief executive officer of Johnson Controls.
``Industry Week's 100 Best-Managed Companies are the world's leaders in innovative management strategies,'' says John Brandt, publisher and editor-in-chief of IW. ``Their emphasis on long-term growth makes them models for every corporation.''
Johnson Controls, Inc. is a global market leader in automotive systems and facility management and control. In the automotive market, it is a major supplier of seating and interior systems, and batteries. For non-residential facilities, Johnson Controls provides building control systems and services, energy management and integrated facility management. Johnson Controls, founded in 1885, has headquarters in Milwaukee, Wis. Its sales for 1999 totaled US$16 billion.
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