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Allison Transmission Sold


RyanbabZ71

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Posted

http://www.indystar.com/apps/pbcs.dll/arti...INESS/306280007

 

Allison Transmission's new owners say they intend to keep the head office in Indianapolis, hire more salaried employees and increase exports.

 

 

Onex Corp. of Toronto and Carlyle Group of Washington, D.C., agreed today to

buy the 3,400-employee business from General Motors for $5.575 billion.

 

This is good to hear they intend to add jobs and stay in Indy

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