Allison Transmission Investing $89M, Creating 205 Jobs in Speedway, Indiana
04/21/2011
"As our company looked at our Speedway campus and thought about future growth and expansion, the critical element we lacked here was room to grow. Today's announcement to redirect 10th Street in front of our Speedway facilities changes all of that and puts our company in a position where we can grow our business, expand our product offerings, hire more people, and expand our global headquarters here in Central Indiana," said Lawrence E. Dewey, Allison Transmission chairman and CEO. "We have been a long-time corporate member of this community and we plan on maintaining our presence here."
The Indiana Economic Development Corporation will assist Speedway in applying for up to $5 million in federal highway funds from the Indiana Department of Transportation. Indianapolis will provide additional infrastructure assistance at the request of Develop Indy.
Project Announcements
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Point Blank Enterprises Plans Wakulla County, Florida, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024