AFFI president and CEO Kraig Naasz announced his intent to resign at year’s end to become president and CEO of Distilled Spirits Council of the United States. Meanwhile, SUPERVALU's president and CEO Sam Duncan announced plans to retire, effective February 2016.
Johnson Controls, Milwaukee, Wis., and Japan-based Hitachi Ltd. and Hitachi Appliances, Inc. completed their global joint venture agreement and will immediately commence operations of Johnson Controls-Hitachi Air Conditioning.
Kansas City Southern (KCS), Kansas City, Mo., and its principal U.S. subsidiary, The Kansas City Southern Railway Co. (KCSR), announced plans to invest approximately $7.5 million in 2015 on construction and improvement projects on its Aberdeen Branch.
Tyco, Princeton, N.J., announced plans to expand its Global Center of Excellence Network to enable multi-national companies to streamline and standardize their fire and security systems around the world.