This Month in History: Brengel discounts magazine speculation

Fred Brengel was Johnson Controls Chief Executive Officer from 1967 to 1988.

Fred Brengel, the former CEO of Johnson Controls, was quoted in a Milwaukee Journal article from November 23, 1977 that Johnson Controls was not "looking for a partner," discounting the suggestion that surfaced in a Forbes magazine article that the Company might be receptive to a merger.