Allison Transmission Delivers First Next-Generation Hydraulic Fracturing Transmissions to Multiple Industry Partners
Allison Transmission delivers the first FracTran to several industrial partners. This next-generation automatic transmission will deliver the improved durability, efficiency and profitability that frac fleets want as they strive to reduce their environmental footprint. (Photo: BusinessWire)
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified propulsion solutions, is pleased to announce delivery of the first Allison FracTranMT transmissions to several industry partners.
Allison’s FracTran is a brand new Oil Field seriesMT transmission designed from the ground up to meet the unique demands of the hydraulic fracturing industry and represents an additional $100 million annual revenue growth opportunity for Allison’s global off-road end markets. This next-generation solution is the result of an in-depth voice of customer information, as well as an analysis of service cycle information from decades of Allison products operating in oil and gas fields around the world.
“The delivery of the first FracTran units marks an important milestone in Allison’s commitment to providing our energy customers with the tailored solution they have been asking for,” said Kartik Ramanan, Executive Director, Global Off- Highway and Service Engineering at Allison Transmission. “The FracTran will provide the improved durability, efficiency and profitability that fracking fleets desire as they strive to reduce their environmental footprint.”
The heavy-duty hydraulic fracturing transmission will deliver unmatched performance in high pressure duty cycles in the harshest operating environments. The FracTran is designed for high reliability with a lifespan of up to 25,000 hours and overhaul designed to provide a second life with no replacement of hard parts resulting in a low total cost of ownership.
The FracTran incorporates eight gear ranges and is available with multiple gear ratio options to meet our customers’ unique performance requirements. The FracTran launches with a power rating of 3,300 horsepower and 10,000 lb-ft. of input torque to meet current market demands. However, the product is capable of developing up to 3,500 horsepower with no hardware modifications required. Additionally, the FracTran offers filter and fluid life prognostics, a transmission-mounted control module, torsion measurement diagnostics, and a telematics gateway on the platform.
For more information on Allison’s revolutionary hydraulic fracturing transmission, please visit this link.
About Allison Transmission
Allison Transmission is a leading designer and manufacturer of commercial and defense vehicle propulsion solutions, the world’s largest manufacturer of medium and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems that Improve the way the world works. Allison products are used in a wide variety of applications, including highway trucks (distribution, waste, construction, fire and emergency), buses (school, transit and coach), RVs, vehicles and off-road equipment (energy, mining and construction applications) and defense vehicles (wheeled and tracked tactical). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the United States, Hungary and India, and global engineering resources, including electrification engineering centers in Indianapolis, Indiana, Auburn Hills, Michigan and London in the UK. Allison also has more than 1,400 independent distributors and resellers worldwide. For more information, visit allisontransmission.com.
Allison Transmission Forward-Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical facts contained in this press release are forward-looking statements, including all statements regarding future financial results. In some instances, you can identify forward-looking statements by words such as “may”, “will”, “should”, “expect”, “plan”, “project”, “anticipate”, “believe”, “estimates,” “predicts,” “intends,” “anticipates,” “could,” “potential,” “continues” or the negative form of these or other similar terms or expressions. Forward-looking statements are not guarantees of future performance and involve known and unknown risks. Factors that may cause actual results to differ materially from those anticipated at the time the forward-looking statements are made include, but are not limited to: the duration and spread of the COVID-19 pandemic, including news virus variants and the timing and availability of vaccines and boosters, mitigation of efforts by government agencies and the general public, and the overall impact of such an outbreak on economic conditions, market volatility financials and our business, including, but not limited to, the operations of our manufacturing and other facilities, labor availability, our supply chain, distribution processes, and demand for our products and the corresponding impacts on our net sales and cash flows; increased costs, disruption of supply or shortage of labour, freight, raw materials or components used to manufacture or transport our products or those of our customers or suppliers, including as a result of the pandemic of COVID-19; our participation in competitive markets; our ability to prepare for, respond to and successfully achieve our objectives related to technological and market changes, competitive threats and changing customer needs, including with respect to hybrid electric and fully electric utility vehicles ; the highly cyclical industries in which some of our end users operate; the uncertainty of the global regulatory and business environments in which we operate; the concentration of our net sales in our top five customers and the loss of one of them; failure of markets outside of North America to increase adoption of fully automatic transmissions; the success of our research and development efforts, the outcome of which is uncertain; US and foreign defense spending; risks associated with our international operations, including increased trade protectionism; general economic and industrial conditions; the discovery of defects in our products, resulting in delays in the launch of new models, recall campaigns and/or increased warranty costs and reduced future sales or damage to our brand and reputation; our ability to effectively identify, complete and integrate acquisitions and collaborations; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our business or that of our major customers or suppliers; risks related to our indebtedness; and other risks and uncertainties associated with our business described in our annual report on Form 10-K, our quarterly reports on Form 10-Q and our current reports on Form 8-K. Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, we cannot guarantee that the expectations will be achieved or that any deviations will not be material. All information is as of the date of this press release, and we undertake no obligation to update any forward-looking statements to conform to actual results or to changes in expectations.
Director, Global External Communications