Reply #25: I don't know - there might be a relation

[Emit]

(disclaimer -- we have a bad flu in my house today and I'm a little under the weather, so, my mind is working veeerrrry slowly -- can someone here verify this find? TX, Emit)

Johnson Controls Announces Agreement to Sell its World Services Subsidiary

15 Feb 2005

Johnson Controls, Inc., has announced an agreement to sell its Johnson Controls World Services Inc. (JCWS) subsidiary to IAP Worldwide Services, Inc. based in Irmo, South Carolina.

JCWS, which has its headquarters in Cape Canaveral, Florida, provides the U.S. government with base operations and contingency support, logistics, and workforce management and temporary personnel services.

IAP will pay approximately $260 million in cash for JCWS, subject to normal adjustments. JCWS had sales of approximately $770 million in fiscal 2004. The parties expect to complete the transaction in the next few weeks.

~snip~


While Johnson Controls is exiting the federal base operations, contingency support, and temporary personnel businesses, the company said it will continue to provide federal government customers with its full range of services, including integrated building automation systems, security solutions, and energy management, including energy savings performance contracts, as well as maintenance and repair of building systems.



“The federal government continues to be a key market for Johnson Controls,” said John Kennedy, president of the controls group of Johnson Controls. “This transaction enables us to focus resources on our core strengths in systems integration and building services and solutions for both federal and commercial non-residential buildings where we have the greatest ability to create value for our customers."

The Johnson Controls on SAIC's website is based in Milwaukee:
http://72.14.253.104/search?q=cache:ABbgorBAMPwJ:https://guardian-tech.saic.com/idetech/default.asp%3Fmodule%3Dwhoweare+SAIC+Johnson&hl=en&ct=clnk&cd=4&gl=us

http://www.johnsoncontrols.com/

Johnson Controls, Inc.
5757 N. Green Bay Ave.
Milwaukee, WI 53209
Phone: [phone]


But the above-noted article says that Johnson Controls, Inc. "has announced an agreement to sell its Johnson Controls World Services Inc." ... "which has its headquarters in Cape Canaveral, Florida..."

So, they sold a subsidiary?


_________________________________________________________________________________________
Also:
IAP's "Corporate Heritage," from their own website:

Who We Are

Corporate Heritage

IAP has decades of experience serving our country, our troops, our first responders, our astronauts and more – both at home and throughout the world.

IAP’s heritage dates back more than 50 years to building and operating America’s first space launch complex at Cape Canaveral, Fla. Our namesake – International American Products (IAP) – was founded in 1990 amid a growing government services market. IAP soon became a leading provider to the U.S. military of contingency and logistic support operations.

Today IAP Worldwide Services, Inc. is a leading government contractor, providing support services and expertise to the U.S. Department of Defense; other U.S. government departments and agencies; and state and foreign governments. We offer extensive experience and comprehensive capabilities across a global footprint.

IAP Through the Decades

1953 – Pan American World Airways, Inc. is awarded a contract to manage the U.S. Air Force Florida Missile Test Range. In the ensuing years, operating through a subsidiary called Pan Am World Services, Inc., the company operates numerous Department of Defense contracts at locations stretching from Europe and the Middle East to Diego Garcia and Kwajalein Atoll, Marshall Islands.

1989 – Johnson Controls, Inc. acquires Pan Am World Services, Inc.

1990 – International American Products (IAP) is formed in Irmo, S.C. by former Army logistician Doyle McBride as the United States prepares for Operation Desert Storm in 1991. Over the next 15 years, IAP Worldwide Services grows significantly by specializing in rapid response logistics, procurement and contingency services on a global scale.

May 2004 – Cerberus Capital Management, L.C., a New York-based private investment group, becomes majority owner of IAP Worldwide Services, Inc.

March 2005 – IAP acquires Johnson Controls World Services, an international leader in facility management operations, contingency support, and technical services, and its wholly-owned subsidiary, Readiness Management Support. The acquisition significantly diversifies IAP’s business mix and customer base.

March 2006 – IAP acquires G3 Systems Ltd, a British company that provides logistics, contingency, engineering, project and facility management services in the United Kingdom, Europe and the Middle East.

http://www.iapws.com/who/heritage.aspx