Allison Transmission

Allison profit upshifts on North American demand

July 24, 2014
 IBJ Staff
In its second quarter, the Indianapolis-based manufacturer of transmissions and propulsion systems rode accelerating sales for rugged-duty, student transport, and hydraulic fracturing equipment.
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Allison Transmission finishes lackluster year with bang

February 14, 2014
 IBJ Staff
Allison Transmission Holdings Inc. kicked its fourth quarter into overdrive with a 70-percent increase in profit over the same quarter in 2012, the firm reported Thursday. But profit for the year was down significantly.
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Allison falls short of earnings, revenue expectations

October 28, 2013
 IBJ Staff
Allison Transmission Holdings Inc. on Monday reported a jump in profit in the third quarter despite sliding revenue.
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PROXY CORNER: Allison Transmission Holdings Inc.Restricted Content

August 31, 2013
Allison Transmission Holdings Inc. designs and manufactures commercial and military fully automatic transmissions and hybrid-propulsion systems for transit buses. The company also sells replacement parts, support equipment and other service products.
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Allison stock slips after owners reveal plan to sell shares

August 6, 2013
 IBJ Staff
The primary investors in Allison Transmission Holdings Inc. are looking to lock in profits by unloading 16.6 million shares of the company for more than $350 million.
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Gears slip for Allison Transmission in second quarter

July 30, 2013
 IBJ Staff
Profit and revenue fell for Allison Transmission Holdings Inc. in its second quarter, as demand in its mining and military markets slipped.
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Most of Indiana's largest public companies enjoyed strong 2012Restricted Content

June 15, 2013
Angie's List turned a profit for the first time in nearly two decades.
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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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