“Acquiring Axis is in keeping with our strategic intent and complements our growth in the area of industrial plant floor automation,” said Randy Breaux, president, Motion Industries.
Johnson Controls Inc. had a big 2018, with the launch of several new products and the acquisition of Lux Products Corp. For Johnson Controls, the Lux acquisition enhances its commitment to thermostats. The move also enables faster product development cycles, improves customer service capabilities, and supports greater product innovation.