Johnson Controls Announces Price Increase For Lead-Acid Batteries (JCI)

As a result of rising commodity and handling costs, Johnson Controls, Inc., JCI will implement an average price increase of 5 percent to 9 percent on batteries sold in the United States and Canada for orders starting April 1, 2011. Lead price adjustment agreements remain in effect. This action is necessary to offset rising raw material and delivery costs, including costs associated with improved packaging and transportation in support of safety standards from the U.S. Department of Transportation.   The last price increase from Johnson Controls was in 2008.