President Obama travels to Indianapolis Friday to visit Allison Transmission, the White House announced today.
White House officials said the visit was part of his effort to cut oil imports and protect consumers from rising oil prices.
Allison Transmission is a leader in hybrid technology and the world’s largest manufacturer of fully-automatic transmissions for medium- and heavy-duty commercial vehicles, tactical military vehicles and hybrid-propulsion systems, White House officials said.
Last June, the firm announced a facility, which, when fully operational, will have the capacity to produce 20,000 commercial-duty hybrid propulsion systems annually, the White House said.
White House officials said when Obama was elected, the U.S. imported 11 million barrels of oil a day. Last week he announced a goal of cutting that figure by one-third by 2025.