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JCI Johnson Controls International PLC

65.45
-0.29 (-0.44%)
11 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Johnson Controls International PLC NYSE:JCI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.29 -0.44% 65.45 66.15 65.235 65.91 3,957,415 01:00:00

Johnson Controls Gets $33 Million Heat-Pump Contract

20/11/2023 9:03pm

Dow Jones News


Johnson Controls (NYSE:JCI)
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By Ben Glickman

 

Johnson Controls has been awarded a $33 million U.S. Department of Energy grant to expand production of electric heat pumps.

The Cork, Ireland-based building heating systems manufacturer said Monday that it will scale production at facilities in San Antonio, Texas, Wichita, Kan. and Waynesboro, Pa.

The increased production will create about 1,000 new jobs and will triple production, the company said.

Johnson Controls said the grant was part of DOE's authorization to use the Defense Production Act to increase production of certain clean energy technologies.

 

Write to Ben Glickman at ben.glickman@wsj.com

(END) Dow Jones Newswires

November 20, 2023 15:48 ET (20:48 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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