Allison Transmission

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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Allison cuts ribbon on assembly plant in HungaryRestricted Content

October 15, 2011
 IBJ Staff
The 150-employee operation will ship products to international customers.
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Weak market could derail Allison's planned IPORestricted Content

August 13, 2011
Greg Andrews
Indianapolis-based Allison Transmission in March said it planned to raise $750 million through a public stock sale, but the economic outlook has darkened since then.
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Allison Transmission prepares to enter nascent hybrid marketRestricted Content

April 30, 2011
Kathleen McLaughlin
The industry is waiting for the magic combination of high fuel prices and government-backed incentives to turn potential into profit.
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Allison to add 200-plus jobs over next two years

April 19, 2011
 IBJ Staff
Allison Transmission plans to invest $89 million to grow its headquarters and manufacturing operations, creating as many as 205 jobs by 2013.
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West 10th Street to be rerouted in Speedway

April 18, 2011
Kathleen McLaughlin
The town of Speedway will reroute West 10th Street to help Allison Transmission consolidate its parking lots and accommodate new employees tied to a hybrid transmission the company is developing.
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Obama set to visit Speedway manufacturer

April 4, 2011
President Barack Obama plans to make a trip to Indianapolis on Friday to visit Speedway-based manufacturer Allison Transmission Inc., the company confirmed Monday afternoon.
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Trucking industry upswing may draw investors to Allison IPO

April 2, 2011
Kathleen McLaughlin
Allison Transmission is not a household name like Google or General Motors, but it won’t lack an audience for its planned $750 million initial public offering.
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Allison Transmission files for $750M IPO

March 20, 2011
Kathleen McLaughlin
Allison Transmission Inc. is counting on upgrades to truck and bus fleets in countries like China and India for its future growth, the company revealed in a filing it made Friday to raise up to $750 million through an initial public offering.
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IPO could help ease Allison Transmission's debt

February 28, 2011
Kathleen McLaughlin
Allison Transmission Inc.'s enormous debt load is probably one factor driving the company to consider a public offering, an investment analyst said Monday morning.
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Allison to sponsor Sarah Fisher Racing

February 26, 2011
 IBJ Staff
The Speedway-based transmission company will be an associate sponsor of the team's entry in the 100th-anniversary Indy 500.
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Report: Allison may raise up to $1B in IPO

February 25, 2011
 IBJ Staff
The Indianapolis company, the world's largest maker of commercial transmissions, may go public in the third quarter, Reuters reported.
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Former Allison exec settles suit alleging bribery

January 21, 2011
Kathleen McLaughlin
A former China-based executive of Allison Transmission has agreed to drop a lawsuit that claimed the company won business by bribing foreign officials. But it's likely that the firm still must deal with scrutiny from the Department of Justice, according to one legal expert.
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Former Allison executive alleges bribery

December 11, 2010
Kathleen McLaughlin
Stephen Lowe, a former Allison Transmission managing director based in Shanghai, claims the company booted him from a top post in China because he raised concerns about bribery.
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Celebrity TV ads tout Allison Transmission

November 27, 2010
 IBJ Staff
A Chevrolet campaign could make the Speedway-based manufacturer more of a household name.
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Allison Transmission, key supplier continue court battleRestricted Content

November 20, 2010
Kathleen McLaughlin
The dispute reached a boiling point early this year when the supplier, Allison’s sole supplier of bonded piston seals, threatened to stop shipping.
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Allison dedicates $130 million hybrid plant

June 28, 2010
Kathleen McLaughlin
Allison Transmission Inc. said Monday that it has begun renovating a vacant manufacturing space to work on hybrid systems for commercial vehicles.
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Allison Transmission, supplier feuding in courtRestricted Content

May 8, 2010
Kathleen McLaughlin
A dispute between Allison and a major supplier over allegations of defective parts has grown so contentious that the supplier is threatening to halt shipments—a move Allison says could force it to shut down.
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Remy inks deal to supply hybrid motors to Allison

February 11, 2010
Chris O'Malley
Remy International and Allison Transmission will work together on a hybrid commercial truck program. Latest supply deal to boost Remy's Anderson factory.
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  1. Can your dog sign a marriage license or personally state that he wishes to join you in a legal union? If not then no, you cannot marry him. When you teach him to read, write, and speak a discernible language, then maybe you'll have a reasonable argument. Thanks for playing!

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