LE Dewey, Allison Transmission Chairman & CEO plans to create 205 new jobs by 2013
Allison Transmission, a global manufacturer of auto-matic transmissions, has announced plans to expand its US operations by investing US$89 million to improve its Indianapolis facilities, manufacturing operations, and equipment. The investment will create up to 205 new jobs, including both hourly and salaried positions by 2013.
The company has been developing and testing a new, innovative commercial duty transmis-sion for long haulage trucks and has received approval from its board of directors to begin production. The funds invested in manufacturing operations will improve overall production capabilities and will support infrastructure improvements needed for expansion on the com-pany’s campus adjacent to the town of Speedway, Indiana.
Allison Transmission, which currently employs nearly 2,500 people in Indianapolis, hired 50 employees earlier this month. Additional positions will be filled as facility upgrades are phased‐in. Further hiring will continue to take place over the next two years. "The State of Indiana, the City of Indianapolis, the town of Speedway and the great people in this community have all been good to Allison Transmission for a very long time, and we ap-preciate the support.
As our company looked at our Indianapolis campus and thought about future growth and expansion, the critical element we lacked here was room to grow. The an-nouncement to re‐direct 10th Street, in front of our global headquarters facilities, changes all of that and puts our company in a position in which we can grow our business, expand our product offerings, hire more people, and expand our global headquarters here in central Indiana," said Lawrence E. Dewey, Allison Transmission Chairman and CEO. "We have been a long time corporate member of this community, and we plan on maintaining our presence here." Founded in 1915 by Jim Allison, one of the original four founders of the Indianapolis Motor Speedway, Allison Transmission was purchased by the Carlyle Group and Onex Corporation in 2007 from General Motors.
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