Allison And Lingong Heavy Machinery Co. Ltd., A Chinese Mining Equipment Manufacturer, Form Strategic Partnership To Expand Global Mining Presence
Portfolio Pulse from Benzinga Newsdesk
Allison Transmission has partnered with Lingong Heavy Machinery Co. Ltd. to integrate Allison 6625 Wide Body Dump Series™ transmissions into LGMG's 136T wide body mining dump trucks. These vehicles will be delivered to international customers for mining operations in Chile, China, Indonesia, and Vietnam.
July 18, 2024 | 8:23 pm
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Allison Transmission's new partnership with Lingong Heavy Machinery Co. Ltd. involves integrating Allison 6625 WBD transmissions into LGMG's 136T mining dump trucks, which will be used in international mining operations.
The partnership with LGMG and the integration of Allison's transmissions into large mining vehicles is likely to boost Allison's market presence and sales in the mining sector, positively impacting its stock price.
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