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Allison Acquires Aluminium Transmission Castings Supplier Walker Die-The 21st China (Guangzhou ) Int’l Casting product Exhibition
9/13/2019 - casting expo-Die-casting expo-foundry expo |
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Largest global manufacturer of medium-and heavy-duty fully automatic transmissions Allison Transmission Holdings Inc has acquired Walker Die Casting and C&R Tool and Engineering in a deal worth approximately USD 103 million. Walker Die Casting, located in Lewisburg, Tennessee, produces high-quality aluminium die castings for various automobile parts, commercial vehicle parts and outboard motor parts for customers throughout the United States and in various foreign countries. Walker has been a supplier to Allison for 20 years.
Allison Transmission President and CEO David S Graziosi said that “We are delighted to announce the acquisitions of Walker Die Casting and C&R Tool and Engineering. Walker’s products are a critical component in the manufacture and quality of our on-highway transmissions. We plan to grow the business and continue the heritage established by Robert Walker in 1958.”
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-The 21st China (Guangzhou ) Int’l Casting product Exhibition
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