Johnson Controls-Saft was formed in 2006 for the purpose of developing and manufacturing lithium ion vehicle batteries.  The joint venture assets included a new plant in Holland, Michigan.  Johnson Controls was prohibited from using the battery technology for non-automotive applications.  Johnson Controls has agreed to buy Saft’s joint venture interest for $145 million in cash.  In exchange it gets the Holland facility and an expanded perpetual license to use certain Saft lithium-ion technology in all markets.