Two major Milwaukee-area manufacturers — Johnson Controls International and Rockwell Automation — said they are exiting the Russian market due to the war in Ukraine.
Johnson Controls (NYSE: JCI) and Rockwell (NYSE: ROK) join Harley-Davidson Inc. (NYSE: HOG) and numerous other American companies in taking such actions. Harley-Davidson said March 1 that it suspended business in Russia, including motorcycle shipments, following the country’s invasion of Ukraine.
Johnson Controls is suspending its business in Russia, chairman and CEO George Oliver announced Monday. The company will fulfill existing contractual obligations to the extent possible and in compliance with sanctions while also not accepting any new business or orders in Russia, he said.
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