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Allison Transmission
Allison expects 50-percent drop in quarterly earnings
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.
MoreAllison adds hybrid systems for broader array of trucks and buses
March 9, 2013
Production of propulsion system for medium- and heavy-duty vehicles will begin later this year.
MoreAllison Transmission cuts 2013 sales outlook
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.
MoreIndiana manufacturers struggling with fuel economy standards
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.
MoreAllison Transmission workers approve labor contracts
November 29, 2012
Dan HumanMore than 1,500 hourly workers in Indianapolis ratified new five-year contracts, the automotive supplier announced Thursday.
MoreAllison Transmission, union reach tentative agreement
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.
MoreAllison negotiators extend contracts until next week
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.
MoreAllison Transmission workers may strike this week
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.
MoreAllison lowers outlook after profit slides 17 percent
October 29, 2012
IBJ StaffAllison Transmission Holdings Inc.’s profit dropped 17 percent in the third quarter after sales slid 14 percent.
MoreAllison Transmission struggling to rev up investors
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.
MoreAllison, two others partner on new transmissions
September 13, 2012
Dan HumanAllison Transmission Inc. has entered a partnership with two other companies to produce high-efficiency NuVinci CVP transmissions.
MoreAllison Transmission sets rate on $500 million loan
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.
MoreAllison reports $413M quarterly profit, but lowers forecast
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.
MoreLargest Indiana public companies mostly fared well in 2011
June 16, 2012
Performance varied widely as industries ebbed, flowed.
MoreAllison earnings rise on surging sales
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.
MoreManufacturers prowling for skilled workers
March 31, 2012
Kathleen McLaughlinFactories laid off droves of workers during the recession but now struggle to find tech-savvy employees during the recovery.
MoreDynamics in place to mint public companies aplenty
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.
MoreAllison shares rise in first day after expanded IPO
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.
MoreAnalysts lukewarm to Allison ahead of market debut
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.
MoreAllison's private-equity owners to get IPO spoils
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.
MoreAllison Transmission seeks $522M in initial public offering
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.
MoreAllison Transmission profits tripled in 2011
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.
MoreAllison reaches production milestone
November 26, 2011
IBJ StaffManufacturer churns out 5,000th system for hybrid buses, a transmission used round the world.
MoreAllison Transmission profits surge on global sales
November 12, 2011
IBJ StaffThe manufacturer was more profitable in the first nine months of this year than all of last year.
MoreAllison 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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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.