Profile: Allison Transmission Holdings Inc (ALSN.K)
29 Mar 2017
Allison Transmission Holdings, Inc., incorporated on June 22, 2007, and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Company manufactures fully-automatic transmissions for medium-and heavy-duty commercial vehicles, and medium-and heavy-tactical United States defense vehicles. The Company's transmissions are used in a range of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked). The Company's transmissions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. The Company had developed over 100 different models that were used in more than 2,500 different vehicle configurations and were compatible with over 500 combinations of engines, as of December 31, 2016.
In North America, the Company is a manufacturer of fully-automatic transmissions for the on-highway medium- and heavy-duty commercial vehicle market. Its North American on-highway market includes Class 4-5, Class 6-7 and Class 8 straight trucks, conventional transit, shuttle and coach buses, school buses and motorhomes. Class 8 trucks are subdivided into two markets: straight and tractor. The Company sells its transmissions in the North American on-highway market to original equipment manufacturers (OEMs). These OEMs, in turn, install the Company's transmissions in vehicles in which its transmission is either the exclusive transmission available or is specifically requested by end users.
The Company's hybrid transit buses are used by city, state and federal governmental entities. Its off-highway energy applications include hydraulic fracturing equipment, well-stimulation equipment, pumping equipment and well-servicing rigs, which often use a fully-automatic transmission to propel the vehicle and drive auxiliary equipment. It also provides heavy-duty transmissions used in mining trucks, specialty vehicles and construction vehicles. Mining applications include trucks used to haul various commodities and other products, including rigid dump trucks, underground trucks and long-haul tractor trailer trucks.
Outside of North America, the Company is a manufacturer of fully-automatic transmissions for the commercial vehicle market. Within Europe, it serves Western European developed markets, as well as Russian and Eastern emerging European markets, in the refuse, emergency, bus, coach, distribution and utility markets. Its Asia-Pacific markets include China, Japan, Australia, Taiwan, Indonesia, Malaysia, Thailand and South Korea. Off-highway markets in Asia are shared by energy, mining and construction applications.
The Company sells transmissions for medium-and heavy-tactical wheeled vehicle platforms, including the Family of Medium Tactical Vehicles, Armored Security Vehicles, Heavy Expanded Mobility Tactical Trucks, Heavy Equipment Transporters, Palletized Loading Systems, M915 Series Trucks, Medium Tactical Vehicle Replacements and the Logistic Vehicle System Replacement. Additionally, the Company supplies transmissions for the Mine-Resistant Ambush Protected (MRAP) Vehicles and the MRAP All-Terrain Vehicle and for the Joint Light Tactical Vehicles, which is the replacement vehicle for Humvee personnel transport. It also supplies tracked vehicle platforms, the Abrams tank and the M113 family of vehicles, which are sold directly to the United States Department of Defense (DOD). Additionally, it sells parts kits to licensees for the production of transmissions for tracked vehicles manufactured outside North America. The Company had network of approximately 1,400 independent distributor and dealer locations to sell, service and support its transmissions, as of December 31, 2016.
The Company competes with Ford Motor Company, ZF Friedrichshafen AG, Voith GmbH, BAE Systems plc, Caterpillar, Inc., Twin Disc, Inc., Komatsu, Ltd., Volvo Group, Danyang Winstar Auto Parts Co., L-3 Communications Corporation and Renk AG.
Allison Transmission Holdings Inc
1 Allison Way
INDIANAPOLIS IN 46222-3271
Company Web Links
- BRIEF-Allison Transmission entered into amendment no. 1 to amended and restated credit agreement, dated as of Sept 23
- BRIEF-ALLISON TRANSMISSION HOLDINGS SAYS BOARD MEMBER DAVID DENISON NOTIFIED CO HE WILL NOT STAND FOR RE-ELECTION
- BRIEF-Allison Transmission announces stock repurchase program
- BRIEF-Allison Transmission reports Q3 EPS $0.27
- BRIEF-Allison Transmission hires John Coll as senior VP, global marketing, sales & service