Automotive Cleantech Fallbrook Technologies Relocates Near Austin | Xconomy
Summary
Fallbrook Technologies was founded in San Diego, and it spent 15 years working to commercialize its design for a new type of continuously variable transmission, with the potential to increase fuel efficiency, reduce emissions, and improve vehicle performance. The company has moved its headquarters to Cedar Park, TX, a suburb north of Austin that now lists Fallbrook (with 133 employees) among its biggest employers. “It’s just critical to stay close to the action on a day-to-day basis.” Fallbrook reached strategic partnerships in September with Dana Holding and Allison Transmission that account for much of the company’s increased business. Dana, based in Maumee, OH, has more than 23,000 employees and is a worldwide supplier of axles, driveshafts, and other components for every major vehicle maker in the global automotive industry. Fallbrook granted Allison exclusive rights to develop and … Next Page » Bruce V. Bigelow was the editor of Xconomy San Diego from 2008 to 2018.
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