Johnson Controls quarterly profit climbs...

NEW YORK (AP) - Johnson Controls Inc. said Monday its profit rose in the latest quarter on higher sales of industrial equipment.

The Milwaukee-based maker of car parts and building climate-control systems that heat and cool buildings said net income for the fiscal 2005 fourth quarter ended Sept. 30 rose to $283.8 million, or $1.45 a share. That includes a one-time gain on the sale of assets of $8.7 million.

In the prior fourth quarter, the company had net income of $273 million, or $1.41 a share.

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