Allison Transmission Partners with Fuller Center for Housing to Build Home for Central Indiana Family
-
Featured News
-
News
-
North America
INDIANAPOLIS, October 1, 2021 – Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, is pleased to announce the completion of a community service project, in partnership with the Fuller Center for Housing, to help a central Indiana family realize its dream of home ownership.
Allison employees from across the organization exemplified Allison’s commitment to the community by volunteering to build a home for a local family in Indianapolis. Over the course of three weeks, 170 volunteers from across several organizations dedicated over 20,000 hours to complete the project. Allison Transmission provided financial support to build the home and supplied volunteers. Allison’s dedication to making a difference in the local community was translated through the support of its leaders and the response of the workforce. In addition to the hardworking group that supported the project, there were several other Allison team members on a waiting list eager to help with the construction of the home.
“Since 2010, Allison has partnered with the Fuller Center for Housing to support their mission to build homes for local families in need,” said Dave Graziosi, Chairman and CEO of Allison Transmission. “I want to thank Fuller House for providing Allison the opportunity to be involved in this home building project. We were honored to play a role in helping Francine and her two young children, Lieben and Louange, achieve the American dream of home ownership.”
In addition to the contributions Allison provided to the home build, the company has also pledged a $25,000 donation to the Fuller Center for Housing. Allison Transmission and the Fuller Center welcomed Francine and her children to their new home in a dedication ceremony on Friday, October 1, at 3 p.m. in Indianapolis. At the conclusion of the event, the Fuller Center presented Francine with the keys to her family’s new home.
For more information on Allison Transmission’s efforts to make a difference in the communities where our employees live and work, and improve the lives of people around the world, please visit https://www.allisontransmission.com/company/corporate-responsibility.
Oct 01, 2021
Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (school, transit and coach), motorhomes, off-highway vehicles and equipment (energy, mining and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the USA, Hungary and India, as well as global engineering resources, including electrification engineering centers in Indianapolis, Indiana, Auburn Hills, Michigan and London in the United Kingdom. Allison also has more than 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.
Legal
This press release contains forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements, including all statements regarding future financial results. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plans," "project," "anticipate," "believe," "estimate," "predict," "intend," "forecast," "could," "potential," "continue" or the negative of these terms or other similar terms or phrases. Forward-looking statements are not guarantees of future performance and involve known and unknown risks. Factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made include, but are not limited to: risks related to our substantial indebtedness; uncertainty in the global regulatory and business environments in which we operate; our participation in markets that are competitive; the highly cyclical industries in which certain of our end users operate; the failure of markets outside North America to increase adoption of fully-automatic transmissions; the concentration of our net sales in our top five customers and the loss of any one of these; future reductions or changes in government subsidies for hybrid vehicles and other external factors impacting demand; U.S. defense spending; general economic and industry conditions; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs; risks associated with our international operations; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers; our intention to pay dividends and repurchase shares of our common stock; and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information is as of the date of this press release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations.
SOURCE Allison Transmission Holdings Inc.