Johnson Controls Selected by Industry Week Magazine
3 September 1999
Johnson Controls Selected by Industry Week Magazine as One of the World's 100 Best-Managed CompaniesMILWAUKEE, Sept. 2 -- Johnson Controls has been selected for the fourth annual list of Industry Week 100 Best-Managed Companies, published by "Industry Week" magazine. Johnson Controls is one of only 45 companies that have appeared on the 100 Best Managed Companies list for all four 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 100 business leaders, analysts, and academicians. "Our selection once again to the Industry Week 100 Best Managed Companies list is affirmation of our success in finding new ways to exceed customer expectations through innovation, technology and continuous improvements in quality, service and value," said James H. Keyes, chairman and chief executive officer of Johnson Controls. "Industry Week's 100 Best Managed Companies demonstrate superior, consistent financial performance," says John Brandt, editor-in-chief of IW. "We also honor these companies for investing heavily in such areas as research and development, new markets, employees, and society." 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 1998 totaled US$12.6 billion.