2014 News Releases

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Quarterly Results News Releases
DateTitle 
10/27/14Allison Transmission Announces Third Quarter 2014 Results
- Net Sales $553 million, Adjusted Net Income $138 million, Adjusted EBITDA $202 million, Adjusted Free Cash Flow $159 million or $0.88 per Diluted Share INDIANAPOLIS, Oct. 27, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today reported net sales for the quarter of $553 million, a 19 percent increase from the same period in 2013. Adjusted Net Income, a non-GAAP financial measure, for the qua... 
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07/23/14Allison Transmission Announces Second Quarter 2014 Results
- Net Sales $536 million, Adjusted Net Income $117 million, Adjusted EBITDA $186 million, Adjusted Free Cash Flow $132 million or $0.73 per Diluted Share INDIANAPOLIS, July 23, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today reported net sales for the quarter of $536 million, a 5 percent increase from the same period in 2013. Adjusted Net Income, a non-GAAP financial measure, for the quar... 
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04/16/14Allison Transmission Announces First Quarter 2014 Results
-- Net Sales $494 million, Adjusted Net Income $108 million, Adjusted EBITDA excluding technology-related license expenses $169 million and Adjusted Free Cash Flow $91 million INDIANAPOLIS, April 16, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today reported net sales for the quarter of $494 million, an 8 percent increase from the same period in 2013. Adjusted Net Income, a non-GAAP financi... 
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02/13/14Allison Transmission Announces Fourth Quarter and Full Year 2013 Results
Fourth Quarter 2013: - Net Sales $491 million, Adjusted EBITDA $153 million and Adjusted Free Cash Flow $105 million Full Year 2013: - Net Sales $1,927 million, Adjusted EBITDA excluding technology-related license expenses $633 million and Adjusted Free Cash Flow $385 million INDIANAPOLIS, Feb. 13, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions and hybrid-propulsion systems, today repo... 
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Investor Conference Participation News Releases
DateTitle 
12/01/14Allison Transmission to Attend Credit Suisse Global Industrials Conference
INDIANAPOLIS, Dec. 1, 2014 /PRNewswire/ --Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions and hybrid-propulsion systems, today announced that David Graziosi, Executive Vice President and Chief Financial Officer, and G. Frederick Bohley III, Executive Director, Finance, Business Planning and Investor Relations, will present at the Credit Suisse 2014 Global Industrials Conference – New York on Wednesday, December 3, 2014... 
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11/05/14Allison Transmission to Attend Baird Industrial Conference
INDIANAPOLIS, Nov. 5, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions and hybrid-propulsion systems, today announced that David Graziosi, Executive Vice President and Chief Financial Officer, and G. Frederick Bohley III, Executive Director, Finance, Business Planning and Investor Relations, will present at the Baird Industrial Conference – Chicago on Tuesday, November 11, 2014 at 9:00 a.m. ET. ... 
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09/08/14Allison Transmission to Attend INVEST Indiana Equity Conference
INDIANAPOLIS, Sept. 8, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) the largest global provider of commercial duty fully-automatic transmissions, today announced that Fred Bohley, Executive Director, Finance, Business Planning and Investor Relations will present at the INVEST Indiana Equity Conference – Indianapolis on Tuesday, September 23, 2014 at 9:25 a.m. EDT.   The specific presentation time as well as materials and webcasts will be available on the Allison Tran... 
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03/10/14Allison Transmission to Present at Bank of America Merrill Lynch's Global Industrials & EU Autos Conference
INDIANAPOLIS, March 10, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions and hybrid-propulsion systems, today announced that David S. Graziosi, Executive Vice President and Chief Financial Officer, and Fred Bohley, Executive Director of Finance and Investor Relations, will present at the Bank of America Merrill Lynch's Global Industrials & EU Autos Conference – London on Tuesday, March 18. The... 
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General Financial News Releases
DateTitle 
12/15/14Allison Transmission and ValueAct Capital announce cooperation agreement
INDIANAPOLIS, Dec. 15, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that it has entered into a cooperation agreement with ValueAct Capital, a $15 billion private investment fund that beneficially owns approximately 10.77 percent of Allison Transmission's outstanding common stock. ValueAct Capital is the company's largest shareholder. "Allison Transmission and ValueAct Capital have engaged in a series of constructive discussions about our business... 
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11/13/14Allison Transmission and Cummins receive ARB approval in California for the H 40/50 EP™ system paired with ISB6.7 and ISL9 engines
INDIANAPOLIS, Nov. 13, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) and Cummins Inc. (NYSE: CMI) today announced that they have received approval from the Air Resources Board (ARB) in California to sell the Allison H 40/50 EP™ hybrid propulsion system paired with Cummins ISB6.7 and ISL9 diesel-electric hybrid engines for transit buses and coaches. "We are pleased to be the first hybrid system manufacturer approved for the transit market in California," said Deborah G... 
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11/07/14Allison Transmission announces total electrification option for components used with its H 40/50 EP™ system
INDIANAPOLIS, Nov. 7, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced availability of a new option to fully electrify components used with its H 40/50 EP™ hybrid propulsion system for transit buses and coaches. Co-developed with Vanner Inc., Increased Accessory Power II (IAP II) is a customizable electric distribution platform that provides power from the hybrid system to accessory components such as electric air conditioning, electric air compressors an... 
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10/30/14Allison Transmission Announces Stock Repurchase Program and Increased Quarterly Dividend
INDIANAPOLIS, Oct. 30, 2014 /PRNewswire/-- Allison Transmission Holdings Inc. (NYSE: ALSN), today announced that its Board of Directors has authorized a stock repurchase program for up to $500 million of its common stock, effective immediately, and has approved an increase in the Company's quarterly dividend from $0.12 to $0.15 per share on the Company's common stock.  The Company anticipates repurchasing its common stock under the stock repurchase program from time to time through Decembe... 
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10/17/14Allison Transmission Schedules Third Quarter 2014 Results Conference Call
INDIANAPOLIS, Oct. 17, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, will hold its third quarter 2014 results conference call at 8:00 a.m. ET on Tuesday, October 28. Chairman, President and Chief Executive Officer Lawrence E. Dewey, and Executive Vice President and Chief Financial Officer David S. Graziosi will review the company's financial performance for the period. The news release announcin... 
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09/12/14Allison Transmission CEO selected as recipient of Louis V. Gerstner Jr. Excellence Award
INDIANAPOLIS, Sept. 12, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that Chairman, President and CEO Lawrence E. Dewey has been selected by The Carlyle Group (NASDAQ: CG) as the 2014 recipient of the Louis V. Gerstner Jr. Excellence Award. "I am equally honored and humbled to be selected as the recipient of this prestigious award," said Dewey. "Carlyle's portfolio includes a plethora of outstanding CEOs. This recognition is a tribute to the excellent... 
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09/08/14EnerDel and Allison Transmission enter into strategic relationship
EnerDel's Lithium-ion ESS Vigor+ pack is 'Buy American' compliant and now fully approved as Allison support equipment INDIANAPOLIS, Sept. 8, 2014 /PRNewswire/ -- EnerDel and Allison Transmission (NYSE: ALSN) have entered into a strategic relationship naming the battery manufacturer's PP320-689-LP Vigor+ pack as approved Allison support equipment. EnerDel is a leading supplier of advanced lithium-ion batteries and ESS for heavy-duty transportation and hybrid power applications. The low-pr... 
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09/03/14Allison Transmission Announces Sale of 5,392,499 Shares of Common Stock by Selling Stockholders
INDIANAPOLIS, Sept. 3, 2014 /PRNewswire/ -- Allison Transmission Holdings, Inc. (NYSE: ALSN), announced today the sale of 5,392,499 shares of its common stock by investment funds affiliated with The Carlyle Group and Onex Corporation (the "Sponsors"). All of the shares are being sold on a pro rata basis by the Sponsors, which are existing stockholders of Allison Transmission Holdings, Inc. ("Allison"), in accordance with their current interests.  Allison will not receive any of the proceeds from... 
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08/07/14Allison Transmission Holdings Inc. Adds David Everitt to Board of Directors
INDIANAPOLIS, Aug. 7, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) announced today that David Everitt has been appointed to its Board of Directors. David Everitt most recently served as Interim Chief Executive Officer of Harsco Corporation from February 2014 to August 2014. Prior to that, Mr. Everitt had been with Deere & Company since 1975, when he joined Deere as an engineer following his graduation from Kansas State University.  Over the next nearly four deca... 
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08/07/14Allison Transmission Declares Quarterly Dividend
INDIANAPOLIS, Aug. 7, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today announced that its board of directors declared a cash dividend of $0.12 per share on the Company's common stock and non-voting common stock for the third quarter of 2014.  Payment will be made on August 29, 2014, to stockholders of record at the close of business on August 18, 2014. The payment of any future dividends... 
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07/21/14Allison Transmission unveils integrated stop-start technology for ultra-low carbon powertrain program
INDIANAPOLIS, July 21, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced new integrated stop-start technology in conjunction with Project ETHOS, an ultra-low carbon powertrain program created by Cummins Inc. to demonstrate the potential of alternative fuels for carbon dioxide (CO2) reductions in medium-duty commercial vehicles. "As a company, we certainly pride ourselves on being a leader for technological innovations within our industry," said Randall R. ... 
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07/11/14Allison Transmission Schedules Second Quarter 2014 Results Conference Call
INDIANAPOLIS, July 11, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, will hold its second quarter 2014 results conference call at 8:00 a.m. ET on Thursday, July 24. Chairman, President and Chief Executive Officer Lawrence E. Dewey, and Executive Vice President and Chief Financial Officer David S. Graziosi will review the company's financial performance for the period. The dial-in phone num... 
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06/10/14Allison Transmission Announces Underwriter's Exercise of Over-Allotment Option
INDIANAPOLIS, June 10, 2014 /PRNewswire/ -- Allison Transmission Holdings, Inc. (NYSE: ALSN), announced today that in connection with the previously announced public offering of 35,000,000 shares of common stock by investment funds affiliated with The Carlyle Group and Onex Corporation (the "Sponsors"), the underwriter has exercised its option to purchase an additional 5,250,000 shares from the Sponsors at an offering price of $29.95 per share, the same as the price at which the 35,000,000 share... 
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06/03/14Allison Transmission Announces Secondary Offering and Repurchase of Shares of Common Stock
INDIANAPOLIS, June 3, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), announced today the sale of 35,000,00 shares of its common stock by investment funds affiliated with The Carlyle Group and Onex Corporation (the "Sponsors").  In addition, the underwriter will have an option to purchase up to 5,250,000 additional shares from the Sponsors.  All of the shares are being sold on a pro rata basis by the Sponsors, which are existing stockholders of Allison Transmission Holdings... 
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05/12/14Allison Transmission to Attend Investor Conferences
INDIANAPOLIS, May 12, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today announced that it will attend the following investor conferences. Oppenheimer Industrial Growth Conference – New York Date: Wednesday, May 14, 2014 – 11:35 A.M. - 12:10 P.M. ET  Presenter: G. Frederick Bohley III, Executive Director, Finance and Investor Relations Deutsche Bank Global Industrials and B... 
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05/08/14Allison Transmission Declares Quarterly Dividend
INDIANAPOLIS, May 8, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial-duty fully automatic transmissions, today announced that its board of directors declared a cash dividend of $0.12 per share on the Company's common stock and non-voting common stock for the second quarter of 2014. Payment will be made on May 30, 2014, to stockholders of record at the close of business on May 19, 2014. The payment of any future dividends will b... 
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04/21/14Allison Transmission Announces Sale of 25,000,000 Shares of Common Stock by Selling Stockholders
INDIANAPOLIS, April 21, 2014 /PRNewswire/ -- Allison Transmission Holdings, Inc. (NYSE: ALSN), announced today the sale of 25,000,000 shares of its common stock by investment funds affiliated with The Carlyle Group and Onex Corporation (the "Sponsors"). In addition, the underwriter will have an option to purchase up to 3,750,000 additional shares from the Sponsors. All of the shares are being sold on a pro rata basis by the Sponsors, which are existing stockholders of Allison Transmission Holdin... 
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04/10/14Allison Transmission Schedules First Quarter 2014 Results Conference Call
INDIANAPOLIS, April 10, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions and hybrid-propulsion systems, will hold its first quarter 2014 results conference call at 8:00 a.m. ET on Thursday, April 17. Chairman, President and Chief Executive Officer Lawrence E. Dewey, and Executive Vice President and Chief Financial Officer David S. Graziosi will review the company's financial performance for the peri... 
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03/05/14FuelSense® - Allison Transmission introduces fuel consumption reductions of up to 20%
Freightliner to be the first OEM in North America to release FuelSense in medium-duty trucks, providing its customers with the best in fleet-wide fuel savings and productivity INDIANAPOLIS, March 5, 2014 /PRNewswire/ -- Allison Transmission (NYSE: ALSN) announced the launch of a new fuel-efficiency package that can deliver up to 20 percent fuel savings at the NTEA 'Work Truck' conference today in Indianapolis. FuelSense® features automatically adapt shift schedules and torque, maximizing tran... 
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02/26/14Allison Transmission Announces Retirement of Vice President, Names Successor
INDIANAPOLIS, Feb. 26, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that Robert M. Price, Vice President of Human Resources, has elected to retire effective April 1. He will be succeeded by Mary Anne Hoffman who has been promoted to Acting Executive Director of Human Resources. "During his 36 years as an employee of General Motors and Allison Transmission, Bob has made countless contributions to our company's success," said Lawrence E. Dewey, Chairman... 
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02/25/14Allison Transmission unveils new 9800 Oil Field Series engineered for unrivaled performance under pressure
Allison 9800 OFS transmissions deliver superior performance and reliability for fracturing and pressure pumping applications with a 2600 hp rating INDIANAPOLIS, Feb. 25, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) has introduced a new product line engineered to meet the evolving demands of the global energy market. A leading provider of fully automatic transmissions in the oil and gas industry for more than 60 years, Allison unveiled the 9800 Oil Field Series (OFS) ... 
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02/24/14Allison Transmission Announces Secondary Offering and Repurchase of Shares of Common Stock
INDIANAPOLIS, Feb. 24, 2014 /PRNewswire/ -- Allison Transmission Holdings, Inc. (NYSE: ALSN), announced today the sale of 25,000,000 shares of its common stock by investment funds affiliated with The Carlyle Group and Onex Corporation (the "Sponsors"). In addition, the underwriter will have an option to purchase up to 3,750,000 additional shares from the Sponsors. All of the shares are being sold on a pro rata basis by the Sponsors, which are existing stockholders of Allison Transmission Holding... 
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02/19/14Allison Transmission Declares Quarterly Dividend
INDIANAPOLIS, Feb. 19, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial-duty fully automatic transmissions, today announced that its board of directors declared a cash dividend of $0.12 per share on the Company's common stock and non-voting common stock for the first quarter of 2014. Payment will be made on March 25, 2014, to stockholders of record at the close of business on March 3, 2014. (Logo:  http://photos.prnewswire.com/prn... 
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01/30/14Allison Transmission Schedules Fourth Quarter 2013 Results Conference Call
INDIANAPOLIS, Jan. 30, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully automatic transmissions and hybrid-propulsion systems, will hold its fourth quarter 2013 results conference call at 4:30 p.m. ET on Feb. 13. Chairman, President and Chief Executive Officer Lawrence E. Dewey, and Executive Vice President and Chief Financial Officer David S. Graziosi will review the company's financial performance for the period. (Log... 
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01/21/14Allison Transmission Announces Vice President Retirement, Successor Named
INDIANAPOLIS, Jan. 21, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), a global leader in the design and manufacture of commercial and military fully automatic transmissions and hybrid propulsion systems, today announced that James L. Wanaselja, Vice President of North American Marketing, Sales and Service, has elected to retire effective April 1. (Logo: http://photos.prnewswire.com/prnh/20120702/DE33547LOGO) "Under Jim's leadership over the past 19 years, he and his... 
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01/16/14Allison Transmission Opens New Facility in the Netherlands
INDIANAPOLIS, Jan. 16, 2014 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) this week opened a new multi-purpose facility in the Netherlands to better serve its customers across Europe, the Middle East and Africa. Located in Sliedrecht, the 34,000 sq. ft. (3,171 sq. m.) building centralizes the company's parts distribution, product customization and customer training functions for the region. (Photo: http://photos.prnewswire.com/prnh/20140116/DE47299 ) (Logo: http://photos.pr... 
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