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4700 W. 10th St. Indianapolis, IN 46222 IN Tel. 317-242-5000 |
Type: Public
On the web:
http://www.allisontransmission.com
Employees:
2,800
Employee growth: 1.8%
In the world of automatics, Allison Transmission has pull. The company builds automatic transmissions for commercial-duty vehicles. Allison's customers include OEMs of garbage trucks and city transit buses, military transports, and dump trucks. The company also makes electric drives for buses and shuttles (it is the world's #1 heavy-duty hybrid producer), and remanufactures transmissions for aftermarket customers. Private equity firms The Carlyle Group and Onex Corp. each owned about half of the company until they took it public in 2012.
Key numbers for fiscal year ending December, 2011:
Sales: $2,162.8M
One year growth: 12.3%
Net income: $103.0M
Income growth: 248.0%
Officers:
Chairman, President, and CEO: Lawrence E. (Larry) Dewey
EVP, CFO, and Treasurer: David S. Graziosi
VP and Chief Information Officer: Ryan A. Milburn
Competitors:
Caterpillar
Eaton
ZF Friedrichshafen
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| Type | Public |
|---|---|
| Traded as | NYSE: ALSN |
| Founded | Indianapolis, Indiana, U.S. 1915 |
| Founder(s) | James A. Allison |
| Headquarters | Indianapolis, Indiana, U.S.A. |
| Website | www.allisontransmission.com |
Allison Transmission (NYSE: ALSN) is an American manufacturer of commercial duty automatic transmissions and hybrid propulsion systems. Allison products are specified by over 250 of the world’s leading vehicle manufacturers and are used in many market sectors including bus, refuse, fire, construction, distribution, military and specialty applications. Headquartered in Indianapolis, Indiana, Allison Transmission has regional offices all over the world and manufacturing facilities in Indianapolis, Indiana and Szentgotthard, Hungary.[1]
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Contents
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Allison began in 1909 when James A. Allison, along with three business partners, helped found and build the Indianapolis Motor Speedway. In 1911, Allison’s new track held the first Indianapolis 500 mile race. In addition to funding several race teams, Jim Allison established his own racing team in 1915 and quickly gained a reputation for his work on race cars and automotive technology in general.[2]
When World War I began, Allison suspended racing and his company began machining parts, tools and masters for the Liberty airplane engine — the main power plant used in the US war effort. After the war, Allison entered a car in the 1919 Indy 500 and won. It was the last race Allison’s team ever entered. Instead, he turned his company’s attention to aviation engineering. The company’s expertise in aviation was the major factor in General Motors decision to buy the company following Jim Allison’s death in 1928.[3][4][5]
Shortly after the sale to General Motors in 1929, Allison engineers began work on a 12-cylinder engine to replace the aging Liberty engines. The result was the V1710 12-cylinder aircraft engine and it made the company, now known as the Allison Engine Company, a major force in aviation.[6]
Toward the end of World War II, General Motors formed Allison Transmission to put the engineers’ expertise to work in a new field — power transmissions for tracked military vehicles. The new division developed a transmission combining range change, steering and braking.[7][8]
After WWII, Allison Transmission turned its attention to civilian transportation. Allison designed, developed and manufactured the first-ever automatic transmissions for heavy-duty vehicles like delivery trucks, city buses and even locomotives.[8][9]
GM-Allison debuted the hybrid technology for transit buses in 2003. Through 2011, it intends to introduce 16 hybrid models.[21]
In 2008, the number of GM-Allison hybrid buses are more than 2,700 units in 81 cities in the U.S., Canada and Europe.[21] This includes:
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Coordinates: 39°43′57.37″N 86°12′36.22″W / 39.7326028°N 86.2100611°W
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