Company honored for initiatives on the environment, veterans and creating a great place to work

Cummins' Columbus Engine Plant was honored by Indiana's governor for its continuous improvement on the environment.

Cummins has been recognized for its efforts on the environment, providing opportunities for veterans and creating a great place to work from a trio of organizations.

The company's historic Columbus Engine Plant (CEP) was recognized by Indiana (U.S.) Gov. Eric Holcomb for a range of initiatives to save energy, conserve water and reduce waste. The company was also named a 2021 Military Friendly Employer® for providing opportunities to veterans and their spouses. Finally, Forbes and Statista named Cummins to its 2nd Annual America’s Best Employers by State list for Indiana.

GOVERNOR’S ENVIRONMENTAL AWARD

CEP was one of six Indiana organizations and government agencies honored for its work on the environment as part of the governor’s annual awards for environmental excellence.

“By using innovative environmental practices, they have reduced waste, saved money, and contributed greatly to environmental protection efforts for Hoosiers,” Indiana Department of Environmental Management Commissioner Bruno Pigott said of the honorees.

The Cummins plant was specifically recognized for five years of continuous environmental improvement, including an upgrade to more energy efficient LED lighting in 2017, an energy-saving manufacturing controls project started that same year enabling CEP to convert a continuously running coolant system to on-demand service, and engine test cell improvements saving 3.4 million gallons of water per year in the system to cool engines undergoing testing.

CEP also achieved Zero Disposal status under Cummins’ environmental management program, and the plant's popular Community Recycling Day for residents in the company’s headquarters city of Columbus diverted some 740,000 pounds of material from reaching area landfills.

“To have a successful environmental management system, it takes every department, every team and every individual working together to create change,” said David Wehrkamp, CEP’s Environmental Supervisor. “This recognition is the result of their hard work and dedication.”

MILITARY FRIENDLY EMPLOYER

Military Friendly employer logoCummins was also one of 240 employers recently named to the 2021 Military Friendly Employers list for its work in the U.S. to create opportunities for veterans and their spouses both through employment and supplier initiatives. 

“Companies that have earned this designation have invested in substantive programs to recruit, retain and advance veterans within their organizations,” said Josh Rosen, who leads the organization that puts the list together. “To them, hiring veterans isn’t just the right thing to do. It’s good for business.”

Employers are evaluated using public data sources and responses from a proprietary survey. Established in 2003, the Military Friendly Employers list provides a comprehensive guide to veterans and their families. In addition to Cummins employment efforts for veterans, the company has a very active employee resource group dedicated to veterans and veterans are also included in Cummins’ supplier diversity initiatives.

The recognition as a Military Friendly Employer follows the company’s designation in July as a Top-Scoring Company on the 2020 Disability Equality Index, a national benchmarking tool that offers business an opportunity to evaluate their disability inclusion policies and practices. Companies scoring 80% or higher are recognized as “Best Places to Work for Disability Inclusion.”

BEST EMPLOYERS BY STATE 2021

Finally, Cummins was named to the 2nd annual list of America’s Best Employers by State 2021 for the company’s headquarters state of Indiana.

The list is prepared by Forbes magazine and Statista, which specializes in consumer and market data. It is based on an independent survey of more than 80,000 U.S. employees working for companies employing at least 500 people in their U.S. operations. The surveys were administered using a series of online panels selected to get a representative sample.

Cummins is one of 80 top employers on the list for the state, ranking only behind Salesforce in Indiana. Other highly ranked employers include Eli Lilly and Company (third) and the Indiana University School of Medicine (fourth).

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.

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