The 2020 Mid-Year Economic Update_long

Johnson Controls Acquires Lux Products

Deal strengthens manufacturers thermostat business and consumer retail offering.

Johnson Controls (NYSE: JCI), has acquired Lux Products Corp., a Philadelphia-based designer and manufacturer of residential thermostats and smart home products.

The acquisition underscores Johnson Controls’ commitment to its thermostat business and strengthens its portfolio of consumer retail offerings, the company said.

 

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