$4.7B savings for energy efficiency projects
Johnson Controls guaranteed that its more than 1,000 public-sector projects will save money on energy, water, and operational costs over the next 10 years.
Johnson Controls disclosed its current public sector building efficiency projects in the United States are guaranteed to save more than $4.7 billion in reduced energy, water, and operational costs over the next 10 years. Additionally, it has already produced more than $19 billion in energy savings for both its public and private sector customers. Johnson Controls Building Efficiency business unit has more than 1,000 active projects in federal, state, and local government facilities across 50 states, including administration buildings, hospitals, universities, schools, airports, correctional facilities, and public housing.
Johnson Controls projects in the public and private sector have resulted in the reduction of more than 15 million metric tons of carbon dioxide or "greenhouse gas" emissions since 2000—roughly the same level of emissions generated from the energy use of 1.3 million homes in one year.
Public sector building improvement projects are typically funded through a performance contracting model which requires no upfront investment by the institution because the guaranteed energy savings offset the cost of facility improvements over time.
After the project has been completed, customers continue to benefit from ongoing energy and operational savings. On average, Johnson Controls' energy efficiency projects result in annual energy savings , 20 to 40%. Measures used to make buildings more "green" include the installation of high efficiency HVAC equipment and control systems, updated lighting systems, insulation, water efficiency measures and renewable energy solutions.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey