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PRINCETON, Ind. (AP) — A southern Indiana city that scored an economic coup in the 1990s by landing a Toyota Motor Corp. plant is celebrating the plant’s 15th anniversary.

The Princeton Daily Clarion reports (http://bit.ly/nQd1LK ) that Toyota executives and workers along with local residents were marking Friday’s anniversary with events that include a look back at the 1996 groundbreaking ceremony and the plant’s progress since then.

The plant south of Princeton is the region’s largest employer, employing about 4,100 people who earn an annual payroll of $288 million. Toyota says the 4 million square-foot plant supports another 6,500 regional jobs.

The plant about 20 miles north of Evansville makes Sequoia and Highlander sport utility vehicles and Sienna minivans. About 2.9 million vehicles have rolled off the plant’s assembly lines since it opened.

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Information from: Princeton Daily Clarion, http://www.tristate-media.com/pdclarion

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Johnson Controls Completes Acquisition of Li-ion Automotive Battery Joint Venture

PR Newswire — September 30, 2011

MILWAUKEE, Wisconsin, September 30, 2011 /PRNewswire/ –

Johnson Controls, Inc., (NYSE: JCI) and Saft (Euronext: SAFT) have closed on the agreement to end their joint venture, Johnson Controls-Saft, which was formed in 2006 to develop and manufacture Li-ion vehicle batteries. Under the terms of the agreement, Johnson Controls has acquired Saft’s share of the company for $145 million in cash. Johnson Controls will also receive an expanded perpetual license to use certain Saft Li-ion technology in all markets.

All assets of the joint venture, including the company’s new plant in Holland, Michigan, are retained by Johnson Controls. The joint venture’s current facility in Nersac, France will be transferred to Saft at the end of 2012. The parties have also agreed to terminate all legal proceedings between the companies.

Beginning Oct. 1, 2011, Johnson Controls will operate the company under the Johnson Controls name and will fulfil the company’s existing contractual agreements and work with customers and suppliers accordingly.

About Johnson Controls:

Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries. The company’s 154,000 employees create quality products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and interior systems for automobiles. Johnson Controls’ commitment to sustainability dates back to its roots in 1885, with the invention of the first electric room thermostat. Through its growth strategies and by increasing market share we are committed to delivering value to shareholders and making our customers successful. In 2011, Corporate Responsibility Magazine recognized Johnson Controls as the #1 company in its annual “100 Best Corporate Citizens” list. http://www.johnsoncontrols.com

Contact:

Rebecca Fitzgerald +1-(414)-524-2945 Rebecca.K.Fitzgerald@jci.com

Ina Longwitz +49-511-975-1031 Ina.Longwitz@jci.com

Subject Codes: PC/t.110930114634398, PR/dest.Public, PT/lang.en, RE/Wisconsin, IN/AUT, IN/CHM, IN/CPR, SU/TNM

Company Codes: NYSE:JCI, EuronextParis:SAFT, OTC-PINK:SGPEY

Johnson Controls Completes Acquisition of Li-ion Automotive Battery Joint Venture

PR Newswire — September 30, 2011

MILWAUKEE, September 30, 2011 /PRNewswire/ –

Johnson Controls, Inc., (NYSE: JCI) and Saft (Euronext: SAFT) have closed on the agreement to end their joint venture, Johnson Controls-Saft, which was formed in 2006 to develop and manufacture Li-ion vehicle batteries. Under the terms of the agreement, Johnson Controls has acquired Saft’s share of the company for $145 million in cash. Johnson Controls will also receive an expanded perpetual license to use certain Saft Li-ion technology in all markets.

All assets of the joint venture, including the company’s new plant in Holland, Mich., are retained by Johnson Controls. The joint venture’s current facility in Nersac, France will be transferred to Saft at the end of 2012. The parties have also agreed to terminate all legal proceedings between the companies.

Beginning Oct. 1, 2011, Johnson Controls will operate the company under the Johnson Controls name and will fulfill the company’s existing contractual agreements and work with customers and suppliers accordingly.

About Johnson Controls:

Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries. The company’s 154,000 employees create quality products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and interior systems for automobiles. Johnson Controls’ commitment to sustainability dates back to its roots in 1885, with the invention of the first electric room thermostat. Through its growth strategies and by increasing market share we are committed to delivering value to shareholders and making our customers successful. In 2011, Corporate Responsibility Magazine recognized Johnson Controls as the #1 company in its annual “100 Best Corporate Citizens” list. http://www.johnsoncontrols.com

Subject Codes: PC/t.110930114528240, PR/dest.Public, PT/lang.en, PC/ticker, PC/ticker.bloomberg, PC/ticker.rics, RE/Michigan, RE/Wisconsin, RE/France, IN/AUT, IN/TRN, SU/TNM, SU/JVN

Company Codes: NYSE:JCI, Bloomberg:JCI@US, Bloomberg:SAFT@FP, RICS:JCI.N, RICS:S1A, EuronextParis:SAFT, OTC-PINK:SGPEY

Dudes really, get a life … It really looks good, yes it got some changes, but it really represent Chev, not Opel. If you don’t like it, go Nissan or whatever.

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