Pros
Great facilities (applies to Milwaukee) and good people.
Kontras
It's hard to be succinct here. I worked in or with AE (Automotive), Power Solutions, Corp, and BE (now called BT&S) over a 6 yr period with my tenure divided into AE, and "the rest". During my time in AE I truly considered JCI to be the absolute best company I'd ever worked for...ethical, profitable, transparent, self-aware - to the point of being irritating. We knew what our faults were and took steps to improve. I'd never experienced anything like it. Several years ago I took a new position which led me to work in the non-Automotive portions of the company. JCI's CEO sold the investors a bill-of-goods, which was to spin off, divest, and rid itself of the so-called low margin Automotive business to position itself as a "multi-industrial". So JCI sold Electronics (successful - high margin, despite what analysts claimed), spun Interiors into a JV, then separated the rest of AE into Adient, now a separate company. Finally JCI merged with Tyco. Since taking those steps, Adient's stock has risen betwen 50% - 75%, and the new JCI's is down 50% and is seemlingly stuck in a rut. After my experience I am not surprised at all. This new non-Auto JCI and the current management team lacks ethics (read about CEO affair with consultant, CEO involvement with Ponzi scheme crook, and BOD looking the other way), it is not transparent, and company constantly pats itself on the back and congratulates itself on how great it is. The company is no longer great and a lot of talent has exited in the past 2 years, both from JCI and from Tyco. Explain to me how JCI is a multi-industrial when it shed it's Auto, shed Global Workplace Solutions, and will probably shed it's battery business to narrowly focus on Building Technologies only? The stock price is indicative of what's happening folks - no surprise to me. This is not a company on the way up.
