Allison Transmission (Indianapolis), the world’s largest manufacturer of fully automatic transmissions for medium- and heavy-duty vehicles, made a strong move into metalcasting with its purchase of Walker Die Casting (Lewisburg, Tennessee) and C&R Tool and Engineering (Muscle Shoals, Alabama).
Allison, which purchases thousands of tons of castings per year, paid approximately $103 million in cash for Walker Die Casting and C&R Tool and Engineering.