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Johnson Controls seeks to end HOF Village relationship

Johnson Controls has been involved with development of HOF Village since Nov. ’16 when it entered agreements worth over $100MJohnsonControls.com

Johnson Controls wants to "end its relationship” with the HOF Village, after the company claimed that the HOF Resort & Entertainment Co. has “defaulted on a ‘technology as a service agreement’ and on a naming rights agreement,” according to Edd Pritchard of the Canton REPOSITORY. Johnson Controls said that HOF Resort is “behind on payment established in the technology agreement" and they are "seeking $4.75 million" from the company. But HOF Resort said that it believes Johnson Controls has "breached the agreement and expects to fight the claims.” The company in an SEC filing said that it "will pursue dispute resolution on the agreements," as well as "defend itself against the allegations and pursue its own claims." Johnson Controls, which makes fire, heat ventilation and air conditioning and security equipment for buildings, has "been involved with development" of HOF Village since Nov. ’16 when the company “entered agreements worth more than $100 million.” The deal included plans for developing HOF Village as an “entertainment smart city featuring building technologies that would keep operations efficient.” Johnson Controls also “secured naming rights to the village" and to the Pro Football HOF’s "enshrinement week festivities." It is unclear if the company’s relationship with the Pro Football HOF, which "operates separately" from HOF Resort, “will be impacted” (Canton REPOSITORY, 5/14).

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