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Published: September 11, 2019


ALLISON TRANSMISSION HOLDINGS, THE LARGEST GLOBAL MANUFACTURER OF MEDIUM- AND HEAVY-DUTY FULLY AUTOMATIC TRANSMISSIONS, ANNOUNCED MONDAY THAT IT HAS ACQUIRED THE ASSETS AND CERTAIN LIABILITIES OF WALKER DIE CASTING LOCATED IN LEWISBURG AND C&R TOOL AND ENGINEERING LOCATED IN MUSCLE SHOALS. ALLISON REPORTEDLY PAID APPROXIMATELY 103 MILLIONS DOLLARS FOR BOTH PLANTS WHICH WILL CONTINUE TO OPERATE IN THEIR CURRENT LOCATIONS.