Weak market could derail Allison’s planned IPO
Indianapolis-based Allison Transmission in March said it planned to raise $750 million through a public stock sale, but the economic outlook has darkened since then.
Remy International
Articles
CEO says transformation prepped Remy International for IPO
Remy’s transformation since 2007, when a $700 million debt load propelled it into bankruptcy court, could be fodder for business-school case studies of the 21st century.
Remy International files plans for public offering
Pendleton-based manufacturer Remy International Inc., the former General Motors Co. unit that exited bankruptcy in 2007, has filed plans to raise up to $100 million through an initial public stock offering.
Remy International considering stock offering, CEO says
Pendleton-based Remy International Inc., the former General Motors Co. unit that exited bankruptcy in 2007, is considering a public offering of its stock this year, CEO John Weber says.
Motor maker Remy plans expansion driven by electric vehicles
Motor maker Remy International will embark on a major expansion next spring to satisfy growing demand from makers of hybrid and electric vehicles—and Madison County officials think they’re well positioned to land the jobs.
Remy rides home new contract from electric motorcycle maker
MotoCzysz sees the Remy motor as part of an electric motorcycle-based drive system—tailored to automobiles. The companies
collaborated on the winning electric bike at Isle of Man race.
Hybrid-motor sales help boost Remy’s quarterly results
Pendleton-based company reported both higher profit and revenue, helped by a 20-percent increase in hybrid-motor sales.
Remy to supply motors for all-electric Equinox
Remy International on Tuesday signed a contract with Cincinnati-based Advanced Mechanical Products Inc. to supply motors
for
an all-electric version of the Chevrolet Equinox.
Allison dedicates $130 million hybrid plant
Allison Transmission Inc. said Monday that it has begun renovating a vacant manufacturing space to work on hybrid systems
for commercial vehicles.
City hosting U.S.-China vehicle summit
Event will bring together a delegation of Chinese automakers and Indiana manufacturers to explore business opportunities relating
to hybrid and electric vehicles.
Remy inks deal to supply hybrid motors to Allison
Remy International and Allison Transmission will work together on a hybrid commercial truck program. Latest supply deal to
boost Remy’s Anderson factory.
Remy hybrid agreements help offset GM loss
Pendleton-based Remy International signs deals with Allison Transmission Inc. in Indianapolis and German automaker Daimler
AG to supply electric motors for hybrid systems. The agreements should help offset a loss of business from General Motors.