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Johnson Controls opens two Serbia plants to support Fiat 500L production


Auto parts manufacturer Johnson Controls has opened a new seat plant in Kragujevac, Serbia, to supply Fiat's nearby facility with seats for the 500L compact MPV. The new 70,000-square-foot plant will manufacture complete seats in a just-in-time (JIT) system. Johnson Controls also supplies complete interiors - including door panels, instrument panels, floor consoles and rear quarter panels – made within Fiat's ...
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Johnson Controls plans 10 new seating plants in China
Johnson Controls has announced plans to build 10 more auto seating plants in China within five years as part of the company's strategy to continue its growth in the world's ...
Johnson Controls Appeals Court’s Decision in Wanxiang Deal
Johnson Controls is appealing the court’s decision to give Wanxiang Group approval to buy the majority of A123 Systems’ assets. On December 11th, U.S. Bankruptcy Judge Kevin Carey approved the sale ...
Court Approves Sale of A123 to Wanxiang, But Obstacles Still Ahead
Wanxiang Group got the court approval for the purchase of bankrupt A123 Systems, but a US rival might plan to kill the deal. On Saturday, December 8th, A123 Systems was bought ...
A123 Systems’ Assets to Auctioned Today, Dec 6th
Today, December 6th, we will find out if Johnson Controls or Wanxiang Group will be the company to own A123 Systems’ assets. "With the bankruptcy of A123 Systems, Johnson Controls is ...
A123 Receives Govn. Payment the Day It Filed for Bankruptcy
A123 Systems has received a $946,830 payment from the US Energy Department exactly the day when it filed for Chapter 11 bankruptcy protection. According to Reuters, the payment was approved on ...
Auction for A123 Purchase to Take Place on December 6th
On December 6th, Wanxiang Group and Johnson Controls will take part at the auction to buy bankrupt A123 Systems. Besides Chinese Wanxiang Group and US Johnson Controls, who recently offered to ...
Court Approves Wanxiang Loan for A123 Systems
A123 Systems has been approved the $50 million loan from China’s Wanxiang Group, after it has already received a $249.1 million federal grant. U.S. Bankruptcy Judge Kevin Carey approved the loan ...
A123 Seeks Court Approval for Wanxiang Loan
A123 Systems asked a judge approve a $50 million loan from Wanxiang America Corp instead of Johnson Controls Inc. At a hearing on November 5th, A123 will seek approval for Wanxinag’s ...
Wanxiang Group still wants part of bankrupt A123 Systems
Chinese auto parts manufacturer Wanxiang Group said it still wants to buy part of battery supplier A123 Systems, even after Johnson Controls acquired the auto-related assets of the bankrupt company. Back ...

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