April 15, 2013
Associated PressThe Indianapolis-based transmissions manufacturer said its profit would be hurt by a steep drop in revenue in the first quarter.
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March 9, 2013
Production of propulsion system for medium- and heavy-duty vehicles will begin later this year.
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February 19, 2013
Dan HumanAllison Transmission Inc. predicted 2013 sales declines after it closed 2012 with an inflated $514.2 million annual profit
and a massive slide in sales for a key market during the fourth quarter.
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December 1, 2012
Dan HumanAutomakers and suppliers are pumping more money into research and development at a time many of their sales departments struggle
with a slowing global economy.
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November 29, 2012
Dan HumanMore than 1,500 hourly workers in Indianapolis ratified new five-year contracts, the automotive supplier announced Thursday.
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November 16, 2012
Dan HumanMembers of United Auto Workers Local 933 must vote in favor of the five-year collective bargaining agreements before they
would go into effect.
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November 15, 2012
Dan HumanThe commercial transmission maker's existing contracts, which were set to expire at 11:59 p.m. Wednesday, will remain
in force until noon Nov. 21.
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November 13, 2012
Dan HumanMembers of United Auto Workers Local 933, which represents roughly 1,500 hourly workers, could declare a strike if negotiators
do not reach an agreement with Allison Transmission by a Wednesday deadline.
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October 29, 2012
IBJ StaffAllison Transmission Holdings Inc.’s profit dropped 17 percent in the third quarter after sales slid 14 percent.
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September 15, 2012
Greg AndrewsAfter the stock in the manufacturer of commercial transmissions bottomed at $15.82 in June, some investors began sniffing
a bargain.
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September 13, 2012
Dan HumanAllison Transmission Inc. has entered a partnership with two other companies to produce high-efficiency NuVinci CVP transmissions.
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August 9, 2012
Bloomberg NewsAllison Transmission Inc., the locally based maker of transmissions for trucks, buses and the military, set the interest rate
it will pay on a $500 million term loan the company is seeking to refinance debt.
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July 30, 2012
IBJ StaffAllison Transmission Inc. on Monday reported earnings of nearly $413 million in the second quarter after losing $17.2 million
in the same period a year ago. The Indianapolis-based manufacturer cut its full-year sales-growth forecast.
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June 16, 2012
Performance varied widely as industries ebbed, flowed.
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April 24, 2012
Kathleen McLaughlinAllison Transmission Holdings Inc. saw profits rise 57 percent, to $58 million, in the first quarter, the Indianapolis-based
manufacturer announced Monday. The earnings announcement was Allison’s first since it went public in March.
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March 31, 2012
Kathleen McLaughlinFactories laid off droves of workers during the recession but now struggle to find tech-savvy employees during the recovery.
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March 17, 2012
Greg AndrewsIndianapolis attorneys say numerous local private firms are on the IPO sidelines, mulling whether to try to capitalize on
the strengthening economy and improving investor appetite for new issues.
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March 15, 2012
IBJ StaffAllison Transmission Holdings Inc. shares rose 1.7 percent in their trading debut Thursday after the Indianapolis-based manufacturer
raised more than sought in its initial public offering.
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March 14, 2012
IBJ Staff and Bloomberg NewsShares of Allison Transmission Holdings Inc. are expected to begin trading Thursday, but the early reaction to the IPO from
analysts is lukewarm. The locally based company’s private-equity owners are offering 21.7 million shares for $22 to
$24 apiece, which could raise as much as $522 million.
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March 10, 2012
Kathleen McLaughlinWhen Allison Transmission Holdings Inc. a year ago filed plans to go public, it said some of the proceeds would go toward
reducing billions of dollars in debt. But, in an updated filing with the SEC, the company reversed course, saying all of the
more than $500 million that’s expected to be raised would go to its private-equity owners.
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March 1, 2012
IBJ Staff and Bloomberg NewsIndianapolis-based Allison Transmission Holdings Inc., the former parts unit of General Motors Co., is seeking to raise as
much as $522 million for its private-equity owners in an initial public offering.
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February 21, 2012
Chris O'MalleyNet income of $103 million last year compares with a profit of $29.6 million in 2010 and a loss of $323.9 million in 2009,
according to a document the transmission maker filed Feb. 17 with the Securities and Exchange Commission as part of its planned
IPO.
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November 26, 2011
IBJ StaffManufacturer churns out 5,000th system for hybrid buses, a transmission used round the world.
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November 12, 2011
IBJ StaffThe manufacturer was more profitable in the first nine months of this year than all of last year.
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November 10, 2011
Allison Transmission Inc. hasn't given up on going public, despite nearly eight months passing since its initial filing with
the Securities and Exchange Commission.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.