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Driving Out of Recession

Title:

Driving Out of Recession

Published: Thu, 22 Oct 2009

Description: Johnson Controls CEO Stephen Roell on buliding-management and auto businesses.

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Automatically Generated Transcript (may not be 100% accurate)

" You may not heard of this company but if you drive a car trust me you rely on it every single thing guess what. Company has posted a profit for 62 years and running Jeff Flock is there with the Fox Business. --"

" Exclusive with -- who has the CEO and has been with a company how long since 1982. And you're gonna give us an exclusive tour down into the bowels of the corporate headquarters here. What did you do is mention of course the business at that you do with in the automotive industry which is and we'll throw that up on the screen here and that. But the other thing you do is building management right that's correct and that that's the phony business and it's the one that as we look at the mega trends can happen in the future it's what we believe it'll sizeable growth. This is typically buildings -- happier they're management like Keating. That elation. Cooling. Security cameras everything that. It's in a locust point that's where we're headed right belated did -- think you're going to actually -- control center. -- all of our campus in addition this is where we have our -- all of a mechanical equipment. Now as we talk here maybe you could throw the success was mentioned a little bit of it. The consecutive years of not only earnings growth. But sales growth and and dividend growth. And you've got quite an amazing history -- 2009 may not be such a great year well you know up until this year we you know we had 63 years of consecutive sales growth we have the dividends going back 1887 and we had sixteen years of them of growth and in earnings so we're we're to have in the basement now maybe -- gets a look at I've got bored with us -- camera --"

" Who is it what your title one director of facilities. Manager oldest what's -- right now but that camera. That's the young solar -- for facility it's monitoring it for security purposes and walk over what is your -- we'd look at what this is what what do we look at it here and this is sick of the stuff that's available to. The guys who are who have Johnson Controls products are correct in what we're really looking at his or benchmarking and measuring. Our energy consumption. So if you if you look over here we put him in the pockets that we have like each BAC buckets of record dried food and and we have lighting and in the last three or reset the -- So that's how much energy your burning right now in this building as we speak it's alive dead. And -- end it forget the CEO hero tell us this is the history your company right you're here founder. In vivid the first service we did back in the 1885 and so this is really a continuation of something we've been to a prolonged time so people think it energy efficiencies bill. For just -- that's been our our our core business for publishers to add one last look maybe what do what do we see you report -- away were sure of this group that if you look -- her on the top line that so building built in 1965. Leading into the pink or whatever yes magenta. It. Built in 1965. Minutes life energy consumption as we speak. The blue is a facility that we have -- downtown Milwaukee area. And that was built in 2000. In the green is the facility that you're in today and -- one point 51 so that the amount of energy saved is just incredible and that's what you -- payback for competent and in you can picture -- ordinances for for college campus for -- her sort of manufacture clean -- It right ability to monitor that is just vertical. That's a growth industry and they are predicting growth. In the coming year on for 2009 was tough on everybody the 2010 they think worldwide especially list might be a better year."

" We all hope we extend our thanks to mr. role in the whole company over there a letter sent exclusively a music is a great story and we want to tell these types of stories especially. Just amazing that pertains to the auto industry. I mean you don't often see that that they're continuing to post a profit and and we say good for them thank you so much."

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