Thursday, January 25, 2007

Allison Transmission to be sold?

General Motors Corp. today made official a long-expected announcement that it is considering a sale among other options for its Indianapolis-based Allison Transmission commercial and military operations, according to the Indianapolis Business Journal.

GM said in a brief statement that the facility in the 4700 block of West 10th Street "is not central to GM's mission" of selling cars and light trucks. Allison Transmission employs 3,400 people, IBJ reports.

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