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Automotive Industry
Industry: Email Alert RSS FeedJCI nurtures its electronics unit.(News)(Johnson Controls Inc)
Automotive News Europe, November, 2006
Byline: David Barkholz
Johnson Controls Inc. has restructured its vehicle electronics unit to isolate it from broader problems in the auto interiors business.
The company's global electronics unit has been "partitioned" as its own profit center within JCI's automotive business, said Jim Geschke, general manager of the company's North American electronics.
Automotive electronics generates about $1.2 billion (about [euro]945,000) annually for JCI. It is a profitable and growing segment, said Andreas Eppinger, vice president of the global electronics business.
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