Johnson Controls CEO Alex Molinaroli says the company's 2014 outlook is conservative he does see the company's three business units posting higher profitability next year. On the autos front, Molinaroli says the U.S. and China are two of the strongest markets for the auto parts it produces. Separately, Molinaroli says he expects to use some of the company's free cash flow to make investments in the business. TheStreet's Ruben Ramirez spoke exclusively with Molinaroli on the sidelines of the company's analyst meeting.
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