Johnson Controls Inaugurates New Seating Plant and a Joint Venture With Magneti Marelli in Kragujevac, Serbia

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"We are proud to support our customer Fiat in developing and growing its business in Serbia. With our products, we contribute to the success of the 500L," said Marzio Raveggi, vice president and general manager of Johnson Controls' Fiat business unit during the inauguration of the two plants.

Johnson Controls' new seating plant is located in the Grosnica Supplier Park near the city of Kragujevac. The interiors plant, a joint venture between Johnson Controls and Magneti Marelli, is located within the Fiat Automobiles Serbia (FAS) facility.

Both plants supply the FAS facility in Kragujevac, where the 500L compact MPV is assembled.

"We are very satisfied with our arrangement with Magneti Marelli," said Raveggi. "Johnson Controls, Magneti Marelli and Fiat will all benefit from this joint venture."

Johnson Controls has been a long-time supplier to Fiat and is a two-time winner of the automaker's Qualitas Award, which recognizes achievements in the area of quality.

About Johnson Controls

Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries. Our 170,000 employees create quality products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and interior systems for automobiles. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. Through our growth strategies and by increasing market share we are committed to delivering value to shareholders and making our customers successful.

About Johnson Controls Automotive Experience

Johnson Controls is a global leader in automotive seating, overhead systems, door and instrument panels, and interior electronics. We support all major automakers in the differentiation of their vehicles through our products, technologies and advanced manufacturing capabilities. With 240 locations worldwide, we are where our customers need us to be. Consumers have enjoyed the comfort and style of our products, from single components to complete interiors. With our global capability we supply approximately 50 million cars per year.

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