Agreement Includes a 10-Year Strategic Relationship Between the Two Companies
April 6, 2015
Johnson Controls Inc. announced that it has reached a definitive agreement for the sale of its Global WorkPlace Solutions (GWS) business to CBRE Group Inc. for $1.475 billion. Johnson Controls had declared its intention to divest the GWS business in September 2014.
Shipment Increases Noted Across Several Equipment Sectors
March 3, 2014
The Heating, Refrigeration, and Air Conditioning Institute of Canada (HRAI) announced shipment increases across several equipment sectors in the fourth quarter of 2013 when compared to the same quarter of 2012.
MARS, a leading commercial and residential HVACR motors and components supplier, announced that it has acquired Heat Controller Inc., Jackson, Mich., a leading commercial and residential HVAC equipment supplier.