Johnson Controls to Re-brand Auto Seating Spin-off as Adient

Johnson Controls, Inc., (NYSE:JCI) has announced that Adient will be the name of its automotive seating and interiors business after the entity is spun off into a new publicly traded company in October 2016.

Explained Bruce McDonald, current Johnson Controls vice chairman and future Chairman and Chief Executive Officer of Adient,”Adient is a Latin word that translates to accepting and advancing a situation or a stimulus, which is representative of our constant drive to engage, compete and always improve.”

He continued,”It is our mission to set the standard as a world-class automotive seating supplier through leadership in cost, quality, launch execution and customer satisfaction. We will leverage our capabilities to drive growth, both within and beyond the automotive industry.”

Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries, with 130,000 employees.

Category: Equipment, General Update