Johnson Controls Moves Up in the FORTUNE 500 - aftermarketNews

Johnson Controls Moves Up in the FORTUNE 500

This marks Johnson Controls' 32nd consecutive FORTUNE 500 appearance since 1978.

MILWAUKEE — Johnson Controls saw its ranking increase to number 58 in this year’s just-released FORTUNE 500, up from number 72 in 2008. This is Johnson Controls’ highest ranking ever on this list. The rankings were released this week, and will be seen in the May 4 issue of FORTUNE magazine. This marks Johnson Controls’ 32nd consecutive FORTUNE 500 appearance since 1978.

"It is an honor to once again receive this ranking, a reflection of the solid focus of our 140,000 employees around the world on providing long-term value to our customers. Many thanks to them for their dedication, commitment and contributions," said Stephen Roell, chairman and CEO, Johnson Controls.

The Fortune 500 listing is based on financial statements filed by U.S. incorporated companies with a U.S. government agency. This includes private companies and cooperatives that file a 10-K and mutual insurance companies that file with state regulators. Excluded are private companies not filing with a government agency; companies incorporated outside the U.S.; companies owned or controlled by other U.S. companies that file with a government agency; and U.S. companies owned or controlled by foreign companies.

You May Also Like

PHINIA Reports Q1 2024 Results

U.S. GAAP net sales were $863 million, an increase of 3.4% compared with Q1 2023, according to PHINIA.

PHINIA Inc. reported results for the first quarter ended March 31, 2024.

First Quarter Highlights:

U.S. GAAP net sales of $863 million, an increase of 3.4% compared with Q1 2023.

Excluding $17 million of contract manufacturing sales, sales were up slightly compared to Q1 2023. Favorable pricing and currency were partially offset by lower commercial vehicle sales in Europe.

Bendix Making Changes at Indiana Manufacturing Operation

Bendix said it is transforming its distribution center into a state-of-the-art facility and consolidating dampers manufacturing into a single, larger space.

Doleco Announces Facility Expansion in Charlotte

The 33,000-square-foot facility is strategically positioned near major transportation hubs, providing optimal access to raw materials and speeding shipment of finished goods to all U.S. markets.

Standard Motor Products Introduces 268 New Numbers

The release provides new coverage in 75 product categories and 80 part numbers for 2023 and 2024 model-year vehicles, SMP said.

MAHLE Releases 2023 Sustainability Report

MAHLE noted it made significant progress in reducing its CO2 emissions, and increasing the use of renewable electricity.

MAHLE Releases 2023 Sustainability Report

Other Posts

Transtar Industries Continues Rapid Product Line Expansion 

The company is now offering OE recycled engines, in addition to its expansive line of OE recycled transmissions and transfer cases.

ZF Cleans Up Metro Park for Earth Day

ZF said the effort was in line with its dedication to sustainability, zero-waste and circularity.

ZF Cleans up Metro Park
PRT Launches 30 New Complete Strut Assemblies

The new items represent more than 10 million vehicles in new coverage, PRT said.

Motorcar Parts of America’s Selwyn Joffe on Core Values

Sustainability is embedded in every facet of the company’s operations, Joffe affirmed.

Motorcar Parts of America's Selwyn Joffe on Core Values