An Important Message from Tom Linebarger

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Editor's note: We invite you to click on the image above to view the full-page ad that Cummins is running in the Jan. 18-26 edition of the Indianapolis Business Journal. The ad contains an excerpt from Cummins Chairman and CEO Tom Linebarger's 2015 year-end letter to all employees, highlighting Cummins' commitment to its core values such as integrity, diversity and global-involvement. 

In addition, the following Op Ed was recently published in several publications, including The Indianapolis Star, The Tennessean, and The Post and Courier. We believe that we have a moral obligation to stand up and speak out when we see and hear discrimination and intolerance against any group, anywhere in the world.


 

At Cummins, we believe that when we see discrimination and intolerance toward our colleagues, friends and neighbors, we owe it to ourselves, our communities and each other to stand up and say something.

Discrimination and intolerance have no place in our company, in our communities or in our country.  Today, divisive rhetoric that isolates minority groups is undermining our ability to see the commonalities we share and inhibiting our efforts to improve our communities.

It is wrong to use fear of those who are different to further enshrine discrimination against individuals for political purposes.  For example, incendiary and discriminatory language is being aimed at those who are Muslim.  Just securing basic human rights for our LGBT citizens has become a major culture war in several states.  For African-Americans this is a particularly troubling time.  While racism still exists in America today, what has happened in Ferguson, MO., Chicago, IL, and a number of other cities feels different. The level of mistrust between those who are charged to protect and serve and African-Americans has created a toxic environment.  People are making incorrect assumptions about individuals because of the color of their skin or the fact they hold a badge.  And we will not stop this cycle of fear and mistrust without everyone working together to put their assumptions aside and tackle the real issues of poverty, opportunity and education that are facing us as a country.

Cummins has for decades advocated for those who have been marginalized or oppressed. We supported Dr. Martin Luther King, Jr., in the organization of the March on Washington in 1963. We stood up against apartheid in South Africa in the 1980s by withdrawing our business from the country. We opposed measures to ban gay marriage in several states, and we are currently working to advocate for a comprehensive non-discrimination statute in Indiana.  Why?  Because at Cummins we believe that no company can be successful over the long run unless the communities in which we operate are also strong and successful.

As we celebrate the life and work of Dr. Martin Luther King, Jr. I am asking all of you who share our values to speak up when you see or hear discrimination and intolerance. We must be clear that we are not okay with discrimination against our friends, neighbors and colleagues. They are contrary to our values and contrary to the ideals that built this country of immigrants.

For those of us who are committed to the principles of diversity and social justice, it is our duty to stand up and be heard.  Let’s speak up for those who need a voice and make our communities stronger and more inclusive.

- Tom Linebarger, Chairman and CEO, Cummins Inc. 

Cummins India Limited Results for the quarter ended June 30, 2022

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Pune, India: Cummins India Limited (NSE: CUMMINSIND) The Board of Directors of Cummins India Limited (CIL), at their meeting held today, reviewed and approved the financial results for the quarter ended June 30, 2022. 


Performance Highlights (based on standalone financial results) for the quarter ended June 30, 2022:
 

•    Total Sales for the quarter at ₹ 1,657 Cr. increased by 42% compared to the same quarter last year and by 13% compared to the previous quarter.
•    Domestic sales at ₹ 1,172 Cr. increased by 36% compared to the same quarter last year and by 12% compared to the previous quarter.
•    Exports Sales at ₹ 485 Cr. increased by 58% compared to the same quarter last year and by 14% compared to the previous quarter.
•    Profit before exceptional items and tax at ₹278 Cr. is higher by 63% compared to the same quarter last year and higher by 14% compared to the previous quarter.
•    Profit before tax at ₹264 Cr. is lower by 13% compared to the same quarter last year and higher by 8% compared to the previous quarter.
 

Ashwath Ram, Managing Director, Cummins India Limited, said: 
 

The new fiscal year started positively with strong demand from most end markets. GST monthly collections, higher highway construction annual targets, and increased consumption of petroleum products reaffirms the strength of underlying trade activities. Geopolitical risk, high inflation, and supply chain disruptions continue to pose challenges. Cummins India can effectively meet demand despite these issues due to its integrated supply chain management with a global network. While we effectively deal with challenges and closely monitor any potential impact of rising interest rates on the demand, we remain optimistic about the short to medium-term demand outlook. 

Future Outlook:
 

The company believes that the strong demand from various end markets may likely sustain. At the same time, high inflation and supply chain issues will, in all probability, continue to impact the industry. The company, being part of the globally integrated supply chain, is well positioned to manage parts supplies to mitigate the impact on revenue and profitability. We are closely monitoring the result of the geopolitical events unfolding in different parts of the world and their impact on global demand and supply chain. Considering the uncertainty, the company will not provide any guidance for FY 23.
 


About Cummins India Limited 


Cummins India Limited, part of the Cummins Group in India, is headquartered in Pune since 1962 and is the country's leading manufacturer of diesel and natural gas engines for power generation, industrial and automotive markets. Cummins India Limited has a country-wide network of 20 dealerships with over 450 service points that provides products, services, and after-market solutions for uptime of Cummins equipment and engines to customers in India, Nepal, and Bhutan. 
 

About Cummins Group in India:
 

Cummins in India, a power leader, is a group of complementary business units that design, manufacture, distribute, and service engines and related technologies, including fuel systems, air handling, filtration, emission solutions, and electrical power generation systems. Its technology and pioneering initiatives are bringing innovative solutions and dependable services at the best possible value to users across the country. Its high-performance outlook is based on customer focus, integrity, and capability of its people. Part of the $19.8 billion Cummins Inc. USA. Cummins in India is a Group of seven legal entities across 200 locations in the country with a combined turnover of ₹17,900 crores in 2021 and employing over 10,000 individuals. Learn more at cummins.com.

Cummins salutes its star dealers in U.K. and Ireland for their exceptional performance

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Cummins, a global power leader, has bestowed prestigious awards to three of its dealers in the UK and Ireland.

The trio – Vasi Southern Ltd, Universal Components UK Ltd and CSL Power Systems Ltd – were recognised for their outstanding focus on customer satisfaction and for delivering exceptional performance and results.

Relating to the 2021 calendar year, the awards cover a period when the UK and Irish economies were still coming to terms with the disruption caused by the Covid pandemic.

Customers of Cummins, spread across a variety of business sectors, looked to their local dealer to provide the continuity of service that was essential if they were to trade through the toughest of times.

All three Cummins award winners demonstrably went above and beyond what their customers were expecting.

Vasi Southern Ltd is an approved parts and service dealer based in the port city of Southampton. It specialises in marine engines and Onan generator sets. The company won the same award in 2020 and its back-to-back success was down to a commitment to increasing revenue and achieving all of its key performance targets.

Simon Green – Vasi Southern Ltd
Simon Green – Vasi Southern Ltd

Universal Components UK Ltd is an approved parts dealer based in Barnsley, South Yorkshire. In 2021, it achieved the highest sales growth by any dealer within the Cummins UK and Ireland network. Its strategic stockholding meant the business could ride out supply challenges while continuing to target new markets and geographical locations.

Rick Lewis & Stuart Ponsonby – Universal Components
Rick Lewis & Stuart Ponsonby – Universal Components

CSL Power Systems Ltd, based in Kent with additional resource availability nationwide is an approved Power Generation sales and service dealer. The company is a specialist in the installation and maintenance of industrial generator sets, including units for banks and commercial buildings.

Kurt Gozzett & Todd Trent – CSL Power Systems
Kurt Gozzett & Todd Trent – CSL Power Systems

As well as achieving all its key performance targets, CSL Power Systems Ltd demonstrated a clear desire to grow its operations, proactively promoting the Cummins product.

Graham Cook, Cummins’ Dealer Manager for UK and Ireland, praised the award-winning dealers for their commitment, commenting: “Our authorised dealers throughout the UK and Ireland form an integral part of our sales network. Vasi Southern, Universal Components and CSL Power Systems demonstrated their commitment and capabilities through 2021, further strengthening the channel, maximising profitable aftermarket growth, and delivering excellent customer support.

To locate your nearest authorised Cummins dealer visit our sales and service locator

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