JCI restructuring to result in plant closures

Published: October 23, 2012 6:00 am ET

Related to this story

Topics Automotive Injection Molding
Companies & Associations

GLENDALE, WIS. (Oct. 23, 12:45 p.m. ET) — Johnson Controls Inc. is launching a restructuring which will see employee reductions and plant consolidations in its auto experience, building efficiency and battery operations.

The company, based in the Milwaukee suburb of Glendale, did not provide any details as part of its Oct. 22 announcement on the planned restructuring during its fourth quarter.

It previously announced it was discontinuing lead-processing operations at its Shanghai battery plant.

JCI said it expects pre-tax charges for the restructuring to be $225 million to $275 million.

Johnson Controls’ plastics operations include extensive injection molding for auto interiors under its JCIM LLC operations, based in Plymouth, Mich. It also has in-house foam production for seating, thermoforming and key parts for interior trim.


Comments

JCI restructuring to result in plant closures

Published: October 23, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Mexico's Katcon moving into advanced materials with German support

April 28, 2015 10:05 am ET

Mexico-based auto exhaust and emissions control company Katcon has formed a new advanced materials business, assisted by German-based engineering...    More

Image

Jaguar Land Rover to begin using MuCell across its product line

April 27, 2015 9:47 am ET

Another automaker has announced plans to use Trexel Inc.'s MuCell molding technology in future production.    More

Image

Haitian builds system for Renault's new China auto assembly plant

April 24, 2015 11:10 am ET

A late-comer to the world's largest auto market, French carmaker Renault SA is currently building its first factory in China.    More

Image

Eriks NV buys two US polymer companies

April 24, 2015 10:38 am ET

Dutch company Eriks NV is expanding its reach in the North American plastics sector with two acquisitions: Dallas-based Seals and Packings Inc. and...    More

Image

Jeco adds Ferry rotational molder to handle increase in business

April 23, 2015 12:27 pm ET

Jeco Plastics Products LLC is ramping up for more work, adding a new Ferry 2600 rotational molder that will provide more capabilities.    More

Market Reports

North American Thermoformed Packaging Market Outlook & Review 2015

Our annual report provides a thorough review and analysis of economic and political conditions, emerging market trends, packaging design advances, materials pricing and sustainable packaging issues impacting supply and demand in the TP segment. Our analysts identify key drivers of growth and opportunities for processors to remain competitive in the years ahead through innovation, production efficiencies and more.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events