Fully Automatic Transmissions for Airport Vehicles

In September 2010, Allison Transmission announced plans to construct a state-of-the-art transmission manufacturing facility in Szentgotthárd, Hungary.  After a dedication ceremony and ribbon cutting, the Allison Transmission Hungary Operation is officially on-line. Currently, Allison’s new manufacturing facility is producing 3000, 4000 and Torqmatic® Series fully automatic transmissions for the company’s international customers.
 
Szentgotthárd, Hungary – Nearly 200 customers, OEMs, Hungarian dignitaries and Allison workers celebrated the official opening of the Allison Transmission Hungary Manufacturing Facility in Szentgotthárd, Hungary.  It was September 2010, when Allison first revealed its plans to construct the new Szentgotthárd manufacturing plant; and its transmission products are already being delivered to bus and truck OEMs throughout Europe as well as emerging markets.  Allison Transmission is a premier provider of commercial and military-duty automatic transmissions and hybrid propulsion systems.

Allison also announced that within weeks, a new Customization Center located within the Szentgotthárd facility will open for business. By configuring transmissions to specific customer requirements prior to shipping, the company will shorten a vehicle’s drive-train assembly time, while increasing the OEM’s overall build efficiency.

David L. Parish, Allison Transmission Vice President of Operations, said, “For over 10 years we enjoyed sharing a manufacturing facility in Szentgotthárd with General Motors Opel Hungary.  We developed successful production collaborations during that course of business and professional relationships that will last a lifetime.  I want to thank GM Opel for their support and assistance in the construction of our new Allison wholly-owned manufacturing plant.”

The Allison 3000, 4000 and Torqmatic® Series fully automatic transmissions produced in Szentgotthárd are widely used in city buses, construction, distribution, pick-up and delivery, fire and emergency, terminal tractor, shuttle, utility, refuse, wheeled military and other applications.  In 2005, increasing global demand for Allison products resulted in the company expanding its Hungarian operations.

(October 2011)
About Allison Transmission, Inc.
Allison Transmission is the world’s largest manufacturer of fully-automatic transmissions for medium- and heavy-duty commercial vehicles, medium- and heavy-tactical U.S. military vehicles and hybrid-propulsion systems for transit buses. Allison transmissions are used in a variety of applications including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school and transit), motor homes, off-highway vehicles and equipment (primarily energy and mining) and military vehicles (wheeled and tracked). Founded in 1915, the Allison business is headquartered in Indianapolis, Indiana, U.S.A. and employs approximately 2,750 people. Regional headquarters with dedicated support staff are located in China, The Netherlands, Brazil, India and Japan. With a global presence in 80 countries, Allison has over 1,500 independent distributor and dealer locations. More information about Allison is available at www.allisontransmission.com.
 
This press release may contain forward-looking statements.  All statements other than statements of historical fact contained in this press release are forward-looking statements.  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: our participation in markets that are competitive; general economic and industry conditions; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs, 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; the concentration of our net sales in our top five customers and the loss of any one of these; and labour strikes, work stoppages or similar labour disputes, which could significantly disrupt our operations or those of our principal customers. 

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.