HVAC Breaking News

May 4, 2006: Johnson Controls Joins Gulf Coast Business Investment Mission

May 4, 2006
/ Print / Reprints /
ShareMore
/ Text Size+
MILWAUKEE - U.S. Commerce Secretary Carlos M. Gutierrez and Federal Coordinator for Gulf Coast Rebuilding Donald Powell announced that Johnson Controls Inc., a leader in energy and facility management, is participating in the Gulf Coast Business Investment Mission to Louisiana and Mississippi taking place on May 4 and 5.

Johnson Controls is joining a diverse mix of companies from across different industries exploring investment opportunities in the Gulf Coast following Hurricanes Katrina and Rita. During the trip Eric Reisner, vice president for strategic programs for Johnson Controls, will meet with a variety of representatives from the federal, state, and local governments, as well as private sector leaders in each state, to discuss commercial opportunities in the Gulf Coast region.

Prior to Katrina, Johnson Controls had developed an initiative called MetroMarkets Strategy. The strategy is a three-pronged approach to strengthen urban areas through community development, partnership development, and workforce development.

"We initially developed the MetroMarkets Strategy as a pilot program in Chicago, Detroit, Milwaukee, and Baltimore," said Reisner. "Once Hurricane Katrina presented its challenges we decided there was no better time and place to implement the strategy, so we added New Orleans."

As part of its post-Katrina support, Johnson Controls helped rebuild the mechanical and electrical infrastructure of buildings at Tulane University in New Orleans. Going beyond its traditional scope of services, Johnson Controls also worked to ensure that university employees had primary and secondary education options for their children so the employees could return to work.

The Gulf Coast investment mission is part of the Bush administration's effort to rebuild the region by encouraging business investment and by urging companies to consider the commercial opportunities in the region.

"I am very pleased that Johnson Controls responded to the Bush administration's invitation to participate in the rebuilding of the Gulf region's economy. Johnson Controls will see firsthand that the Gulf region is one of the most attractive markets in the world," said Gutierrez. "Commercial investment in the region will be key to economic recovery in the region and will create jobs and revitalize communities."

During the investment mission, participants will learn about incentives that are available through the Gulf Opportunity Zone Act of 2005. The act created a Gulf Opportunity Zone with tax relief for businesses and entrepreneurs in Louisiana, Mississippi, and Alabama.

Publication date: 05/01/2006

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

Mini Split Installation

Twin Cities contractor Aabott Ferraro helped retrofit an older St. Paul home.

Podcasts

NEWSMakers: Doug Dougherty

Doug Dougherty, president and CEO of the Geothermal Exchange Organization (GEO) joins the program to discuss the latest happenings with GEO, including the drive to get included in state and federal definitions of renewable energy, plus the future of geothermal.  Posted on July 25.

More Podcasts

ACHRNEWS

NEWS 07-28-14 cover

2014 July 28

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

R-22 PHASEOUT POLL

Some in the industry are calling for the EPA to halt production of R-22 as of 2015. What do you think?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con