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Johnson Controls Selected by IndustryWeek Magazine

17 September 1998

Johnson Controls Selected by IndustryWeek Magazine as a Best Managed Company

    MILWAUKEE, Sept. 16 -- Johnson Controls, Inc. has
been named to the third annual list of IndustryWeek magazine's 100
Best-Managed Companies.  The selection marks the third consecutive year the
company has been included in the list.
    Candidates for IndustryWeek's 100 Best-Managed Companies were chosen by IW
editors from the IndustryWeek 1000, a list of the world's largest publicly
held manufacturing companies released in June.  Two companies of the Dun &
Bradstreet Corp. -- Dun & Bradstreet and Moody's Investors Service -- supplied
the data for the IW 1000.
    The 100 Best-Managed Companies were selected after a four-step process:
analysis of the company's financial performance; review of a questionnaire
mailed to each IW 1000 company; research into each company's practices in
areas such as philanthropy and safety; and voting by a panel of more than 80
business leaders, analysts academicians from around the world.
    "IndustryWeek's 100 Best-Managed Companies demonstrate superior,
consistent management performance, in good times and bad," said John Brandt,
editor-in-chief of IW.  "These awards also recognize companies that are
positioning themselves for the future by investing heavily in such areas as
change, market development, people and society."
    Twenty-one companies appear on the list for the first time; 15 companies
appear for the second time; and 64 companies, including Johnson Controls, have
made the list each year. Twelve countries are represented on the list:  the
United States (72 companies), the United Kingdom (7), Japan (6), Germany (3),
Canada (2), Finland (2), Mexico (2), Sweden (1), Switzerland (1), Denmark (1)
and Taiwan (1).
    IndustryWeek's 100 Best-Managed Companies will be recognized at the 100
Best-Managed Companies Awards Celebration and Executive Summit, February 1-3,
1999, at the Turnberry Isle Resort & Club in Aventura, Fla.
    IW is a management magazine that helps senior executives in manufacturing
and its supporting industries build, safeguard and expand the wealth of their
companies.  Now in its 28th year, IW has an audience of more than 800,000
readers.  It is the flagship of Penton Media, Inc., a Cleveland-based
publisher of business magazines, digests and professional titles.  Copies of
IW can be ordered through its customer sales and service department at
800-326-4146.
    Johnson Controls, Inc., with headquarters in Milwaukee, Wis., is a global
leader in automotive systems and building controls.  Through its Automotive
Systems Group, it supplies seating systems, interior systems and batteries to
the automotive original equipment and replacement markets.  The Controls Group
serves the nonresidential buildings market with control systems and services,
and integrated facility management.  Founded in 1885, it operates in more than
500 locations worldwide.  Johnson Controls securities (JCI) are listed on the
NYSE.