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Bill Clinton Praises Johnson Controls, A Featured Target Clinton Camp Attacks

- March 14, 2016

Today, At An Event For His Wife's Campaign, Bill Clinton Called Johnson Controls One Of His "Favorite Companies," Praising The Work The Company Has Done With The Clinton Foundation. BILL CLINTON: "Including, by the way, one of my favorite companies, Johnson Controls. It's a clean energy company that worked with our foundation to retrofit the Empire State Building, we cut the electric us in that old building by 40%, created 275 full-time jobs for two and a half years doing it. But, Johnson Controls is an auto-supply company, they come to Congress and they 'please bail out the auto industry.' And Congress helped them, and they should have. Detroit just had its best month ever and whoa to us if we had lost the manufacturing of automobiles and light trucks in America. But then, as soon as they got well, they got under the influence of these activist shareholders who made them pretend to sell themselves to a company in Northern Ireland where they could pay a third of the taxes. I think if we help somebody, and they bolt on us, they should pay an exit fee." (Bill Clinton, Remarks At A 'Get Out The Vote' Event, Greenville, NC, 3/14/16)

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Since 2009, Johnson Controls Has Donated As Much As $250,000 To The Clinton Foundation In Membership Dues To The Clinton Global Initiative. "Left unmentioned were Clinton's family ties to the firm. Since 2009, Johnson Controls has been a member of the Clinton Global Initiative, which is led by Bill Clinton, and the firm has donated as much as $250,000 to the charity in membership dues." (Annie Linksey, "Ever-Cautions Hillary Clinton Counting On A Win In Iowa," The Boston Globe , 1/31/16)

On The Campaign Trail, Clinton Has Made Johnson Control Her "Corporate Villain"

In A February Campaign Ad, Clinton Attacks Johnson Controls For Its Corporate Inversion Plan, Declaring "If I'm President, When Companies Walk Out On America, They'll Pay A Price." CLINTON: "This is Johnson Controls. … But now that Johnson is back on its feet, they're gaming the system and moving profits to Ireland so they can avoid paying taxes here at home. It's an outrage. If I'm president, when companies walk out on America, they'll pay a price." (Hillary For America TV Ad, "Johnson Controls," Released 2/23/16)

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Clinton Has Made Johnson Controls Her "Corporate Villain On The Campaign Trail." "Hillary Clinton's new corporate villain on the campaign trail, Johnson Controls, fired back Thursday, denying Clinton's assertion that it had sought out government protection or taken a government bailout." (Jackie Kucinich, "Hillary Clinton's Corporate Villain Hits Back," The Daily Beast, 2/4/16)

  • Reuters Headline: "Hillary Clinton Calls Johnson Controls-Tyco Inversion 'Outrageous.'" ("Hillary Clinton Calls Johnson Controls-Tyco Inversion 'Outrageous,'" Reuters, 1/25/16)
  • Real Clear Politics Headline: "Hillary Clinton Ad Calls Out Auto Parts Company That Received Bailout For Corporate Inversion." ("Hillary Clinton Ad Calls Out Auto Parts Company That Received Bailout For Corporate Inversion," Real Clear Politics , 2/23/16)

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