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Coleman Heating & Air Conditioning is a major manufacturing brand of HVAC equipment, and was formerly an independent HVAC manufacturing company. The company began as a division of the Coleman Company in 1958 and was acquired by Evcon in 1990, which in turn was acquired by Johnson Controls in 1996.
In July 2024, Johnson Controls said that it would sell its business for residential and light commercial buildings to Bosch for $6.7 billion. As part of this transaction, Bosch also intends to acquire 100 percent of the Johnson Controls-Hitachi Air Conditioning joint venture, including Hitachi’s 40 percent stake.
Consumer Reports is a United States-based non-profit organization which conducts product testing and product research to collect information to share with consumers so that they can make more informed purchase decisions in any marketplace.
Image source: The Motley Fool. Johnson Controls International Plc (NYSE: JCI) Q4 2024 Earnings Call Nov 06, 2024, 8:30 a.m. ET. Contents: Prepared Remarks. Questions and Answers
Consumer Reports (CR), formerly Consumers Union (CU), is an American nonprofit consumer organization dedicated to independent product testing, investigative journalism, consumer-oriented research, public education, and consumer advocacy.
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