Johnson Controls Power Solutions business becomes new entity,
positioned to capitalize on growing global power demands
MILWAUKEE, May 2, 2019 /PRNewswire/ -- Clarios, formerly
Johnson Controls Power Solutions, today launches as a new entity
and world leader in advanced energy storage solutions. Clarios was
acquired by Brookfield Business Partners and operates as a global
energy storage business generating $8
billion in revenues with more than 16,000 employees, 56
facilities worldwide and 130 years of expertise. Clarios will build
on its leading position in vehicle battery technologies – producing
one-third of the industry's total output per year – while more
aggressively exploring ways to meet the fast-growing energy storage
needs of tomorrow.
"At Clarios our vision is to power progress by creating the
world's smartest energy storage solutions that benefit people,
business, and the planet," said Joe
Walicki, president, Clarios. "As a global leader with a
product used in virtually every vehicle from conventional to fully
electric, we are well positioned to capitalize on market trends,
including a move toward more electrified and autonomous vehicles
which are elevating the critical role of the battery and
accelerating the need for more advanced batteries. Under
Brookfield's ownership, we can
better capitalize on these growing trends and operate with more
focus and efficiency."
Clarios will continue to provide the highest quality products
and service to the world's leading companies and brands. These
customers rely on Clarios to deliver smart battery technologies
manufactured based on the company's unique mix of insights, applied
engineering and superior product design. Battery technology has
become increasingly important because today's vehicles house more
than a hundred electrified devices to support original equipment
and consumer demands for safety, fuel economy, comfort and
sustainability. In addition, with the growing shift toward more
autonomous vehicles, advanced safety features will become even more
critical, requiring a proven, reliable energy storage solution.
Clarios will be investing in the people, process and technologies
that help meet these growing demands and power even greater
mobility and connectivity in the future.
Clarios will build on decades of leadership in the circular
economy where it designs, builds, recovers and recycles batteries
to help create a more efficient and sustainable approach to energy
storage. Clarios batteries are designed and made so up to 99%
of the materials can be recovered and reused in the new batteries
we make. Through innovative collaboration with the company's
customers and partners, Clarios has pioneered a closed-loop
collection system that is a model for the circular economy that it
continues to share across the globe.
The company will maintain its current global manufacturing and
operations footprint, including its corporate headquarters in
Glendale, Wisconsin.
About Clarios
Clarios, formerly Johnson Controls Power Solutions, is a world
leader in advanced energy storage solutions. We partner with our
customers to meet increasing market demand for smarter
applications, on a global scale. Our 16,000 employees develop,
manufacture and distribute a portfolio of evolving battery
technologies for virtually every type of vehicle. Technologies that
deliver uniquely sustainable, next-generation performance, and
bring reliability, safety and comfort to everyday lives. We add
value at every link in the supply chain, contributing to the
progress of the communities we serve and the planet we all share.
Learn more about Clarios at www.clarios.com. Clarios is a
subsidiary of Brookfield Business Partners, a business services and
industrials company focused on owning and operating high-quality
businesses that benefit from barriers to entry and/or low
production costs. Brookfield Business Partners is listed on the
New York and Toronto stock exchanges (NYSE: BBU) (TSX:
BBU.UN). For more information, please visit
https://bbu.brookfield.com.
Media Contact:
Clarios
Christian Riedel, Director
Communications EMEA
T: +49-511-975-1094
M: +49-173-9975-410
Email: Christian.M.Riedel@clarios.com
Logo:
https://mma.prnewswire.com/media/880029/Clarios_Logo.jpg