Johnson Controls shakes up heating, cooling unit

SHARE Johnson Controls shakes up heating, cooling unit

Johnson Controls said Monday it is reorganizing its building efficiency business to drive growth.

The business provides heating and air conditioning systems for buildings.

Johnson Controls said it will separate the unit’s North America business from its global products business. Bill Jackson, who was most recently an executive vice president at the company, is taking over as president of the building efficiency business after Dave Myers resigned.

Johnson Controls, based in Milwaukee, makes car interiors, electric car batteries and video surveillance systems.

Shares of Johnson Controls Inc. slipped 55 cents to $46.03 in afternoon trading Monday.

THE ASSOCIATED PRESS

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