Trucking industry upswing may draw investors to Allison IPO
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.
Allison Transmission
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Allison Transmission files for $750M IPO
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.
IPO could help ease Allison Transmission’s debt
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.
Report: Allison may raise up to $1B in IPO
The Indianapolis company, the world's largest maker of commercial transmissions, may go public in the third quarter, Reuters reported.
Allison to sponsor Sarah Fisher Racing
The Speedway-based transmission company will be an associate sponsor of the team’s entry in the 100th-anniversary Indy 500.
Former Allison exec settles suit alleging bribery
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.
Former Allison executive alleges bribery
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.
Celebrity TV ads tout Allison Transmission
A Chevrolet campaign could make the Speedway-based manufacturer more of a household name.
Allison Transmission, key supplier continue court battle
The dispute reached a boiling point early this year when the supplier, Allison’s sole supplier of bonded piston seals, threatened to stop shipping.
Allison dedicates $130 million hybrid plant
Allison Transmission Inc. said Monday that it has begun renovating a vacant manufacturing space to work on hybrid systems
for commercial vehicles.
Allison Transmission, supplier feuding in court
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.
Remy inks deal to supply hybrid motors to Allison
Remy International and Allison Transmission will work together on a hybrid commercial truck program. Latest supply deal to
boost Remy’s Anderson factory.
Delphi to supply Allison with hybrid components
Indianapolis-based Allison Transmission Inc. announced Monday morning that it has entered into a long-term agreement to have Delphi Automotive Systems Inc. supply it with hybrid drive-system components and energy-storage systems.
Some area manufacturers see blue sky after year dominated by recession
The recession decimated Indiana’s auto-parts makers, but many other manufacturers in the state survived. After a year
adrift in the recession, they see signs of land ahead.
Allison Transmission invests in British engineering firm
Though plagued by debt, Allison Transmission recently plowed millions of dollars into experimental technology that could lead
to new products.
Analysts lower outlooks for Allison, say transmission maker vulnerable to default
Local manufacturing stalwart Allison Transmission will have to restructure its more than $4 billion in debt or further cut
expenses if it’s going to weather the recession.
Redevelopment plans threaten Gasoline Alley
Business owners along the fabled Gasoline Alley north of Rockville Road think a proposal to close a north-south road linking
them to the front door of the Indianapolis Motor Speedway will have devastating effects.
Allison Transmission might be ripe for management buyout
As struggling General Motors Corp. tries to raise cash by unloading Allison Transmission, the fate of the city’s third-largest
manufacturer hangs in the balance. But analysts say its market dominance, strong management team and abundance of private
equity could spare it the fate of other auto plants here.