Allison Transmissions Holdings Co., Ltd. announced on January 20, 2015, that it will hold various special events during the year to celebrate the company’s 100th anniversary.
“Our company and its founders have an extremely rich and legendary history,†said Lawrence E. Dewey, chairman, president and chief executive officer of Allison Transmission. “We look forward to working with employees, business partners, and businesses this year. The community is sharing our fine traditions globally."
Allison’s history goes back to the Indianapolis Speedway Team Co. founded on September 14, 1915. As a co-founder of the Indianapolis Motor Speedway, a shareholder of several racing teams, and an outstanding innovation entrepreneur, James A. Allison built a precision machine shop and experiment on the main street of Speedway. The company, named "Allison Experimental Co.", supports its racing career.
“Our company is based on the values ​​of innovation, high quality and reliability.†Dewey said, “Although 100 years have passed, I am very proud that these are still our core values. Through products and services, we are improving the world. The operating mode of the power sector."
Currently, Allison Transmission is the world's largest manufacturer of commercial fully automatic transmissions and a leader in hybrid systems. The company employs nearly 2,700 people worldwide. Its products are sold in more than 80 countries and factories are set up in the United States, Hungary, and India. The annual revenue reaches US$2 billion.
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