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Growth for Johnson Controls

Fri, 07/20/2012 - 18:02 -- Ruth Williams

Johnson Controls Inc. has begun a new partnership with PolyPlus Battery Corporation, a California-based battery manufacturer, and also announced plans for a Chinese automotive battery plant. 

PolyPlus will receive US$8.99 million from the US Department of Energy to invest in manufacturing lithium-ion batteries over the next three years.

PolyPlus is developing batteries that are lighter store more energy than the lithium-ion batteries that Johnson Controls currently produces.

Johnson Controls also announced this week signing a deal in China for a facility producing batteries for stop-start vehicles. It will be the first of its kind the company has in China.