Johnson Controls

N/A  |  N/A  |  Consumer Electronics

Johnson Controls International plc is a multinational conglomerate headquartered in Cork, Ireland, that produces electronics and HVAC equipment for buildings. Mid-2019, it employs 105,000 people in around 2000 locations across six continents. As of 2017, it was listed as 389th in the Fortune Global 500; in 2017, it became ineligible for the Fortune 500, as it was headquartered outside the U.S.

The company was formed via the merger of American company Johnson Controls with Tyco International, announced on January 25, 2016. The merger led to the avoidance of U.S. taxes on its foreign market operations and a financial windfall for the CEO of Johnson Controls at that time, Alex Molinaroli. As of November 2018, Johnson Control's tax inversion to Ireland is the 3rd largest U.S. tax inversion in history.

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NPS

Johnson Controls International plc is a multinational conglomerate headquartered in Cork, Ireland, that produces electronics and HVAC equipment for buildings. Mid-2019, it employs 105,000 people in around 2000 locations across six continents. As of 2017, it was listed as 389th in the Fortune Global 500; in 2017, it became ineligible for the Fortune 500, as it was headquartered outside the U.S.

The company was formed via the merger of American company Johnson Controls with Tyco International, announced on January 25, 2016. The merger led to the avoidance of U.S. taxes on its foreign market operations and a financial windfall for the CEO of Johnson Controls at that time, Alex Molinaroli. As of November 2018, Johnson Control's tax inversion to Ireland is the 3rd largest U.S. tax inversion in history.

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NPS

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