Allison Invests in Promising Innovation Facility in Indianapolis
Recently, Allison Transmission representatives together with public officials of Indianapolis took part in the ceremony of the laying of the cornerstone for the future innovation center in Indianapolis. The American supplier of fully automatic transmission says that this endeavor will not only enhance technical capacities of the company, but also will generate more than three hundred jobs.
Picture from the
groundbreaking ceremony
Public officials of Indiana are very
enthusiastic about this Allison’s major project, which will bring investments
and great career opportunities for talented specialists.
During the next few years, Allison plans to
pump more than $400 million in its technical development, including financial
contribution to a new Vehicle Environmental Test (VET) site, construction of a
new Innovation Center and expansion of its main business lines. The VET, which
is planned to go into action by the following year, will include 2 environmental
chambers intended for simulation of a wide range of operational conditions to
ensure not only improvement of performance characteristics, but also to meet
numerous restrictions and regulations imposed in the automobile industry.
News report related to the news
The Innovation Center, which is planned to
start functioning in two years, will combine efforts of company’s product
engineering groups and take the cooperation between different units of the
company to a new level. The ideas that will be generated and simulated in this
advanced facility will allow Allison to bring new technical solutions to market
more quickly and effectively. Allison will construct and equip its advanced
center near its Indianapolis headquarters.
Currently, the company’s workforce accounts for 2,900 employees all over the world. Thanks to the abovementioned initiatives, the staff of the company can reach 3,200 professionals in diverse fields of the automotive industry. It should be mentioned that Indiana authorities plan to provide some help to Allison by means up to $7 million in conditional (performance-based) tax subsidies to support innovative projects in Indiana.
