But at Cummins it was a perfect fit with the company’s mission and strategy. “Our mission is making people’s lives better by powering a more prosperous world,” said Rich Freeland, President and Chief Operating Officer, after a dedication ceremony in July at the Meadow Lake Wind Farm near Chalmers, Indiana. “And, so, a piece of powering a more prosperous world includes the environment. You c
The stakeholders in the new “Statement on the Purpose of a Corporation” include customers, employees, suppliers, communities and shareholders. The statement reaffirms a practice followed by Cummins for more than 50 years, but it marks a significant change for the Roundtable. WHY IT’S IMPORTANT The Roundtable has periodically issued Principles of Corporate Governance since 1978, but each vers
"The Inclusion Index continues to grow as more and more organizations are willing to be transparent about their progress and workforce demographics," said Deborah Munster, Vice President, Diversity Best Practices. "We applaud their efforts and will continue to set a high bar in order to drive change and accountability." Cummins was one of 80 companies to achieve a 60% or higher rating – 148 com
U.S. Sen. Mike Braun, an Indiana Republican, visited the Cummins test track outside Columbus, Indiana, Aug. 8 and drove a variety of Cummins powered vehicles, ranging from a tractor-trailer with the company’s popular X15 engine to a zero-emission bus with Cummins’ new electrified powertrain. “What do you see in 10 to 15 years on how vehicles are going to be powered?” Braun asked, after completi
There, in the corner of the lobby of the Tech Center office building, amid the models of classic Cummins engines through the years, Blanz saw a small piece of equipment on a work bench that he hadn’t noticed before. The machine was just a little bit bigger than what you might see in a hobbyist’s home workshop today. It was the lathe Cummins founder Clessie Cummins used at his California home to
Maui Brewing Co. was established in 2005 with the goal of brewing authentic, local Hawaiian craft beer. Or as the company's website describes their product, they make beers "crafted with passion from the heart of paradise." Less than 15 years later, Maui Brewing Co. is now the largest craft brewer in the state, producing more than 53,000 barrels of beer annually. Be
Cummins’ headquarters in India is in Maharashtra, a state that’s no stranger to water scarcity. Inadequate and unreliable monsoons have resulted in successive droughts, with devastating consequences for poorer communities, and especially, farmers. The unequal distribution of rain has led has contributed to tens of thousands farmer suicides, three million villagers seeking work, and, crop
On Fortune’s list of the 500 largest U.S. companies ranked by total revenue, Cummins rose from No. 149 in 2018 to No. 128 in 2019, an increase of 21 places. In Forbes magazine’s Global 2000 ranking of the world’s largest public companies, Cummins saw an increase from No. 604 to No. 485, a jump of 119 places. In 2009, Cummins was No. 181 in the Fortune 500. The company finished higher than No. 5
The award is presented to an organization or corporation fostering equal opportunity as well as exhibiting outstanding commitment to diversity. In winning the award, Cummins joins an illustrious group, including Eli Lilly and Company, Coca-Cola, the Arizona Diamondbacks Major League Baseball team and Oklahoma State University. Kelley Bertoux Creveling of Cummins accepted the award during the AA
Tony Satterthwaite, President of the Distribution segment at the company, said a diversity of fuels, including diesel, natural gas, electrified power and developing technologies such as hydrogen fuel cells, give customers the chance to pick what works best for their circumstances (you can watch Tony's testimony here). “As we look to the future of the heavy-duty transportation sector, we se
Policymakers in the UK have prioritized decarbonization and higher penetration of renewable energy sources as important energy goals. With 66 million people and a GDP of 2.62 trillion dollars, the United Kingdom is the fifth largest economy in the world. Reducing carbon emissions, which come from burning coal and fossil fuels, is no small feat. UK Power Reserve (UKPR), part of the Singapo
The company, however, still has work to do to fully meet Cummins’ goals to increase its recycling rate to 95%, cut energy use per hour worked by 32%, reduce the carbon dioxide (CO2) emitted from the shipment of goods within the company’s own network by 10%, and meet its water neutrality and zero disposal site goals. “While it’s gratifying to accomplish our goals on water and reducing CO2