Allison Transmission

Allison expects 50-percent drop in quarterly earnings

April 15, 2013
Associated Press
The Indianapolis-based transmissions manufacturer said its profit would be hurt by a steep drop in revenue in the first quarter.
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Allison adds hybrid systems for broader array of trucks and busesRestricted Content

March 9, 2013
Production of propulsion system for medium- and heavy-duty vehicles will begin later this year.
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Allison Transmission cuts 2013 sales outlook

February 19, 2013
Dan Human
Allison 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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Indiana manufacturers struggling with fuel economy standardsRestricted Content

December 1, 2012
Dan Human
Automakers 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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Allison Transmission workers approve labor contracts

November 29, 2012
Dan Human
More than 1,500 hourly workers in Indianapolis ratified new five-year contracts, the automotive supplier announced Thursday.
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Allison Transmission, union reach tentative agreement

November 16, 2012
Dan Human
Members 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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Allison negotiators extend contracts until next week

November 15, 2012
Dan Human
The 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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Allison Transmission workers may strike this week

November 13, 2012
Dan Human
Members 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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Allison lowers outlook after profit slides 17 percent

October 29, 2012
 IBJ Staff
Allison Transmission Holdings Inc.’s profit dropped 17 percent in the third quarter after sales slid 14 percent.
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Allison Transmission struggling to rev up investorsRestricted Content

September 15, 2012
Greg Andrews
After the stock in the manufacturer of commercial transmissions bottomed at $15.82 in June, some investors began sniffing a bargain.
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Allison, two others partner on new transmissions

September 13, 2012
Dan Human
Allison Transmission Inc. has entered a partnership with two other companies to produce high-efficiency NuVinci CVP transmissions.
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Allison Transmission sets rate on $500 million loan

August 9, 2012
Bloomberg News
Allison 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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Allison reports $413M quarterly profit, but lowers forecast

July 30, 2012
 IBJ Staff
Allison 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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Largest Indiana public companies mostly fared well in 2011Restricted Content

June 16, 2012
Performance varied widely as industries ebbed, flowed.
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Allison earnings rise on surging sales

April 24, 2012
Kathleen McLaughlin
Allison 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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Manufacturers prowling for skilled workersRestricted Content

March 31, 2012
Kathleen McLaughlin
Factories laid off droves of workers during the recession but now struggle to find tech-savvy employees during the recovery.
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Dynamics in place to mint public companies aplentyRestricted Content

March 17, 2012
Greg Andrews
Indianapolis 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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Allison shares rise in first day after expanded IPO

March 15, 2012
 IBJ Staff
Allison 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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Analysts lukewarm to Allison ahead of market debut

March 14, 2012
 IBJ Staff and Bloomberg News
Shares 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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Allison's private-equity owners to get IPO spoilsRestricted Content

March 10, 2012
Kathleen McLaughlin
When 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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Allison Transmission seeks $522M in initial public offering

March 1, 2012
 IBJ Staff and Bloomberg News
Indianapolis-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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Allison Transmission profits tripled in 2011

February 21, 2012
Chris O'Malley
Net 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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Allison reaches production milestoneRestricted Content

November 26, 2011
 IBJ Staff
Manufacturer churns out 5,000th system for hybrid buses, a transmission used round the world.
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Allison Transmission profits surge on global salesRestricted Content

November 12, 2011
 IBJ Staff
The manufacturer was more profitable in the first nine months of this year than all of last year.
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Allison Transmission still chasing initial public offering

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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  1. Doug Henning!

  2. These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html

  3. Magician and illusionist!

  4. The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.

  5. I did not move to Zionsville to live in Carmel. This and the subsequent developments to follow will ensure a vanilla uniformity of strip malls and apartment buildings as we seek to bring our town down to the least common denominator. We were warned before recent elections that pro-development council members would make sure their friends (landowners and developers) would be able to make their millions off of the exploitation of Zionsville. Why in God's name would we sell out the best preserved small town in the State of Indiana?

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