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The grant is part of a cost share program in which Johnson Controls-Saft will invest $500,000 and in turn receive $500,000 from the State of Wisconsin as an incentive for further innovation and advancement of the state's clean energy agenda.
"We are extremely proud that our joint venture Johnson Controls-Saft is working with the state of Wisconsin on this project," said Johnson Controls Chairman and Chief Executive Officer Stephen A. Roell. "Wisconsin is establishing itself as a leader in the next generation of transportation and we look forward to partnering with the state to drive domestic competitiveness in sustainable mobility and making Wisconsin an important part of the new energy economy."
In March, Governor Doyle introduced Clean Energy Wisconsin, his plan to move Wisconsin forward to promote renewable energy, create new jobs, increase energy security, and improve the environment. The plan is part of the Governor's overall efforts to grow Wisconsin's economy by investing in innovative businesses that improve the state's energy independence.
"From manufacturing wind turbines and solar panels to retro-fitting fuel pumps and exploring the latest clean technologies, Wisconsin's future lies in seizing green opportunities that will create good jobs for our citizens and add billions of dollars to our economy," Governor Doyle said. "I am pleased the state is awarding Johnson Controls-Saft with a grant to develop innovative technologies that will improve our energy independence and provide diverse and affordable clean energy to our citizens."
Recently, Johnson Controls-Saft was awarded a grant from The United States Advanced Battery Consortium (USABC), with funding from the U.S. Department of Energy for a development contract worth $8.2 million over the next two years. The development efforts will focus on the development of lithium-ion battery systems for plug-in hybrid electric vehicles (PHEVs) and over the course of two years will seek to validate the commercial feasibility of lithium-ion technology for mass market PHEVs.
Earlier this year, Johnson Controls-Saft opened the world's first production facility for lithium-ion hybrid vehicles, located in Nersac, France. The company has production and development contracts for global automakers, including Ford, GM, Daimler, Chery and SAIC. In addition to its leadership in the development of hybrid battery systems, the company is also the leading supplier of lead acid batteries for virtually every type of passenger car, light truck or utility vehicle, with global brands including OPTIMA, VARTA, LTH and Heliar, as well as private labels.
About Johnson Controls
Johnson Controls (NYSE: JCI | Quote | Chart | News | PowerRating) is the global leader that brings ingenuity to the places where people live, work and travel. By integrating technologies, products and services, we create smart environments that redefine the relationships between people and their surroundings. Our team of 140,000 employees creates a more comfortable, safe and sustainable world through our products and services for more than 200 million vehicles, 12 million homes and one million commercial buildings. Our commitment to sustainability drives our environmental stewardship, good corporate citizenship in our workplaces and communities, and the products and services we provide to customers. For additional information, please visit http://www.johnsoncontrols.com/.
About Saft
Saft (Euronext: Saft) is a world specialist in the design and manufacture of high-tech batteries for industry. Saft batteries are used in high performance applications such as industrial infrastructure and processes, transportation, space and defense. Saft is the world's leading manufacturer of nickel-cadmium batteries for industrial applications and of primary lithium batteries for a wide range of end markets. The group is also the European leader for specialized advanced technologies for the defense and space industries. With approximately 3,800 employees worldwide, Saft is present in 18 countries. Its 18 manufacturing sites and extensive sales network enable the group to serve its customers worldwide. For more information, visit Saft at http://www.saftbatteries.com/.
SOURCE Johnson Controls
http://www.johnsoncontrols.com
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