Allison Transmission will be present at Expo Agro 2020, the most important agribusiness exhibition in Argentina.
BUENOS AIRES,ARGENTINA, MARCH 2020 — To continue supporting the agricultural sector, Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, will participate in ExpoAgro 2020, the largest
agribusiness exhibition in the country. The event is held at Autodromo de San Nicolás RN9, Km 225, from March 10 to 13 and Allison is at booth N° 963.
Allison has been working with the agricultural sector since 2015. Leading brands such as Metalfor, Pla, Caiman, Ombu and Praba have chosen the Allison 2500 Series™ transmission for their agriculture sprayers due to the delivered quality and durability of the system.
Agricultural sprayers benefit from the use of Allison fully automatic transmissions. They are ideal to move through a wide variety of soils—which can vary from firm and dusty, to muddy, very wet and soft. Allison transmissions can be adjusted
depending on the weight, speed and terrain conditions so it will better suit the machinery.
Another characteristic from the agribusiness sector is time – it’s crucial when fertilizing or pulverizing the soil that the equipment will not break down. Allison transmissions are built under precise standards that allow operating in the most stringent conditions. They require minimal maintenance because their torque converters don’t wear as with manual or automated manual transmissions (AMT). Operational and repair costs decrease and the time the machine is in operation increases. Additionally, the costs of maintaining an Allison Automatic compared to an AMT are much lower.
Mar 10, 2020
Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (school, transit and coach), motorhomes, off-highway vehicles and equipment (energy, mining and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the USA, Hungary and India, as well as global engineering resources, including electrification engineering centers in Indianapolis, Indiana, Auburn Hills, Michigan and London in the United Kingdom. Allison also has more than 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.
This press release contains forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements, including all statements regarding future financial results. 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: risks related to our substantial indebtedness; uncertainty in the global regulatory and business environments in which we operate; our participation in markets that are competitive; the highly cyclical industries in which certain of our end users operate; the failure of markets outside North America to increase adoption of fully-automatic transmissions; the concentration of our net sales in our top five customers and the loss of any one of these; future reductions or changes in government subsidies for hybrid vehicles and other external factors impacting demand; U.S. defense spending; general economic and industry conditions; 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; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs; risks associated with our international operations; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers; our intention to pay dividends and repurchase shares of our common stock; and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. 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.
SOURCE Allison Transmission Holdings Inc.