Does JCI own York?
Johnson Controls Inc. said it agreed to pay $2.4 billion for York International Corp. , a supplier of heating, ventilating, air-conditioning and refrigeration equipment and services. Under the agreement approved by the boards of both companies, Johnson Controls will acquire York, of York, Pa., for $56.50 a share.
When did JCI buy York?
2005
MILWAUKEE — Johnson Controls in mid-December 2005 completed its acquisition of HVACR equipment and services supplier York International. Johnson Controls had announced in late August 2005 that it intended to buy York (September 2005, pg. 1).
Is York a good HVAC system?
York HVAC systems are considered one of the best brands particularly because they are known for their value pricing. The average cost to install a YORK air conditioner with a 16 SEER rating would cost $3,067 to $5,200 to install.
What companies are under Johnson Controls?
Security
- American Dynamics. Bentel Security.
- CEM Systems. DSC.
- Exacq. HOLIS.
- Illustra. Kantech.
- Software House. Visonic.
Is JCI a Fortune 500 company?
The new company will be called Advent and will be a completely separate publicly traded company, listed on the NYSE….Company Info.
| CEO | Alex A. Molinaroli |
|---|---|
| HQ Location | Milwaukee, WI |
| Website | http://www.johnsoncontrols.com |
| Years on Fortune 500 List | 22 |
| Employees | 139,000 |
Who owns York air conditioning?
Johnson Controls
York International/Parent organizations
York International The York brand has been owned since August 2005 by Johnson Controls, when it was sold to them for $3.2 billion. At the time of the acquisition, it was the world’s largest independent manufacturer of air conditioning, heating, and refrigeration machinery. Its stock symbol was formerly YRK.
Is York better than Trane?
Trane is generally considered to be the better overall unit, though the costs are substantially higher and replacement parts are not so easily had. York offers a wider array of choices but their low-end units are not of the best quality.