JCI buys full ownership of seating JV in India

By Rhoda Miel
News Editor

Published: May 28, 2013 1:44 pm ET
Updated: May 28, 2013 1:45 pm ET

Related to this story

Topics Automotive, Mergers & Acquisitions
Companies & Associations Johnson Controls Inc.

PLYMOUTH, MICH. — Johnson Controls Inc. has acquired full ownership of its seating operations in India along with its 11 facilities and 2,100 employees.

Tata Automotive Components of Pune, India, had been a 50-50 partner in Tata Johnson Controls previously, JCI noted in a May 28 news release. Working with Tata allowed Johnson Controls — with automotive operations based in Plymouth, Mich. — to build its base in India. Now it will build on that base, said Paul Chawla, president and CEO of Johnson Controls Automotive Experience India.

India is an important part of the company's global strategy, the company said. It is continuing to build up its expertise at its Technical Center in Pimpri and JCI plans to expand its prototype and testing capabilities in the region.

The companies did not disclose a purchase price or conditions for the change in ownership.


Comments

JCI buys full ownership of seating JV in India

By Rhoda Miel
News Editor

Published: May 28, 2013 1:44 pm ET
Updated: May 28, 2013 1:45 pm ET

Post Your Comments


Back to story


More stories

Image

Major packaging merger includes plastics operations

January 26, 2015 12:24 pm ET

A merger of packaging companies MeadWestvaco Corp. and Rock-Tenn Inc. will create a new company with nearly $16 billion in annual sales.    More

Image

Auto industry on the hunt for new lightweight materials

January 26, 2015 4:03 pm ET

The auto industry is focusing on lightweighting, and this is igniting a race to find new materials that can meet ever-changing performance needs of...    More

Image

Continental builds low-emission interior trim factory in China

January 26, 2015 12:33 pm ET

Benecke-Kaliko AG is making the largest investment in its history to build an environmentally friendly auto interior trim plant in China, prompted by ...    More

Image

J6 Polymers to buy Stepan unit

January 26, 2015 12:22 pm ET

NORTHFIELD, ILL. — Stepan Co. plans to sell its specialty polyurethanes systems business to J6 Polymers LLC in a cash deal.    More

Image

W&H buys bigger stake in BSW

January 23, 2015 10:43 am ET

Windmoeller & Hoelscher KG will get more involved in flexible packaging machinery through its bigger stake in machinery maker BSW Machinery Handels-Gm...    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

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

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events