Originally Posted by Cision by PR NewsWire | News provided by | Clarios | May 01, 2019, 06:45 ET
Clarios launches as a world leader in advanced energy storage solutions
Johnson Controls Power Solutions business becomes new entity, positioned to capitalize on growing global power demands
MILWAUKEE, May 1, 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 automotive industry's total output per year – while more aggressively exploring ways to meet the fast-growing energy storage needs of tomorrow.
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The company will maintain its current global manufacturing and operations footprint, including its corporate headquarters in Glendale, Wisconsin.