[Congressional Record Volume 161, Number 132 (Tuesday, September 15, 2015)]
[Senate]
[Pages S6647-S6648]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
RECOGNIZING THE 100TH ANNIVERSARY OF ALLISON TRANSMISSION
Mr. DONNELLY. Mr. President, today I recognize the 100th anniversary
of Allison Transmission, a company that traces its history back to the
founding of the Indianapolis Speedway Team Co. in 1915. As a co-founder
of the Indianapolis Motor Speedway and part owner of several racing
teams, James A. Allison established a machine shop on Main Street in
Speedway, IN. Allison's initial focus was racing. However, in 1917 when
the United States entered World War I, Allison shifted focus to produce
parts and tooling for Liberty engines used by many Allied airplanes in
the war.
After a brief return to racing at the war's end in late 1918 and a
win at the
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1919 Indianapolis 500, Allison continued to focus on engineering
aircraft and marine products. When James Allison died in 1928, General
Motors bought the company. Shortly before the start of World War II,
aircraft engines became the Allison Division's focus. Later, as part of
GM, Allison Transmission developed the first cross-drive hydraulic unit
for the M-41 Patton tank. Since then the company has made transmissions
for most of the U.S. military's armored and tactical wheeled vehicles.
Further development of transmissions for buses, automatics for trucks
and buses, hydraulically controlled trucks and buses, and transmissions
with electronic controls were developed by Allison from the 1950s
through the 1990s. GM sold Allison Transmission in 2007 to a pair of
private equity firms, and in March 2012, Allison Transmission Holdings
Inc. became a public company with its shares trading on the New York
Stock Exchange.
Today, Allison Transmission, a company founded on the values of
innovation and Hoosier hard work, continues to deliver quality products
and reliable services with a current focus on fuel economy.
Headquartered in Indianapolis, Allison Transmission is the world's
largest manufacturer of fully automatic commercial-duty transmissions
and a leader in hybrid-propulsion systems. Today, vehicles powered by
an Allison fully automatic transmission can be found on every continent
doing everything from transporting school children, fighting fires, and
unlocking oil beneath the earth's surface. Allison Transmission
currently has approximately 2,700 employees and a presence in more than
80 countries, including manufacturing facilities in the United States,
Hungary, and India.
On behalf of the citizens of Indiana, I would like to congratulate
Allison Transmission on 100 years of success. As a multinational
company that grew out of a humble machine shop in Speedway, IN, Allison
Transmission has served as an economic and community anchor for the
greater Indianapolis area and beyond.
On this special occasion, we congratulate Allison Transmission on 100
years of excellence in innovation and service, and honor the
generations of Hoosiers who have devoted their careers to manufacturing
excellence under the Allison Transmission brand. We are proud that
Allison Transmission calls Indiana home, and we wish them continued
success for many years to come.
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