US energy management firm eyes data centres as China property downturn hits profit
- Johnson Controls, which provides energy management services for buildings, said it will continue to invest in manufacturing facilities in China to meet demand from data centres
“We are spending multimillion dollars on a yearly basis to upgrade our facilities so that we will have the capacity to make the products in China for the China market, for instance data centres,” George Oliver, CEO and chairman of Johnson Controls, said in an interview.
Johnson Controls, which is listed in New York and has its headquarters in Ireland, serves customers in over 150 nations. It designs, produces, installs and retrofits products, software and services to regulate the heating, ventilation, air-conditioning, industrial refrigeration systems, and security and fire-detection systems in both commercial and residential buildings. It has 10 production plants and three research and development centres in China.
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Inside a Chinese factory that makes humanoid robots with enhanced facial movements
He was in Hong Kong having travelled to Japan and China for client and internal meetings last week.
