Johnson Controls Issues Statement on President Obama's Better Buildings Initiative

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Feb 03, 2011, 06:28 ET

MILWAUKEE, Feb. 3, 2011 /PRNewswire/ -- Johnson Controls, Inc. (NYSE: JCI), a global leader in delivering products, services and solutions that increase energy efficiency in buildings, issued the following statement today from C. David Myers, vice president and president, Building Efficiency, Johnson Controls, on President Obama's proposed Better Buildings Initiative:

"We are very encouraged to see that the White House is focused on improving energy efficiency in commercial buildings. In our conversations with the President, we have discussed loan guarantees and enhanced tax incentives for commercial building retrofits, so we are pleased to see that this new initiative incorporates many of those recommendations.

"Our global surveys of commercial building owners have indicated that access to capital is one of the top barriers to pursuing commercial retrofits, so we applaud the Administration's focus on making capital more accessible.

"As part of his remarks today, the President referenced the retrofit of the Empire State Building, a Johnson Controls project that will lead to a 38% reduction in the building's energy use when completed. Through commercial retrofits like the Empire State Building, we can make a measurable impact by reducing greenhouse gas emissions and energy costs for commercial buildings while creating local-market jobs."

About Johnson Controls

Johnson Controls is a global diversified technology and industrial leader serving customers in over 150 countries. Our 142,000 employees create quality products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and interior systems for automobiles. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. Through our growth strategies and by increasing market share we are committed to delivering value to shareholders and making our customers successful.

About Johnson Controls Building Efficiency

Johnson Controls delivers products, services and solutions that increase energy efficiency and lower operating costs in buildings for more than one million customers. Operating from 500 branch offices in 148 countries, we are a leading provider of equipment, controls and services for heating, ventilating, air-conditioning, refrigeration and security systems. We have been involved in more than 500 renewable energy projects including solar, wind and geothermal technologies. Our solutions have reduced carbon dioxide emissions by 13.6 million metric tons and generated savings of $7.5 billion since 2000. Many of the world's largest companies rely on us to manage 1.5 billion square feet of their commercial real estate.

SOURCE Johnson Controls, Inc.