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Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2021. Second quarter revenues of $6.1 billion increased 59 percent from the same quarter in 2020. Sales in North America increased 74 percent while international revenues increased 42 percent driven by strong demand across all global markets compared to the same quarter in 2020, which was impacted significantly by the pan
Cummins Inc. (NYSE: CMI), a global power leader, has been awarded an $87M contract by the U.S. Army to complete the development of the Advanced Combat Engine (ACE), a modular and scalable diesel engine solution, capable of hybridization, that uses innovative opposed-piston (OP) technology to provide leap-ahead capabilities in power density and heat rejection not available in the current marketplac
The letter to President Biden and congressional leaders follows a recent U.S. District Court ruling that found the Deferred Action for Childhood Arrivals (DACA) program was unlawful. The decision left thousands of immigrants widely known as Dreamers facing at best an uncertain future, including potential impediments to finding and retaining work. “We strongly urge Congress to pass legislat
The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company's quarterly cash dividend on common stock of 7 percent to 1.45 dollars per share from 1.35 dollars per share. The dividend is payable on September 2, 2021, to shareholders of record on August 20, 2021. "This marks our 12th consecutive year of increasing our dividend, demonstrating a consistent tre
COVID-19 restrictions are beginning to loosen up in different parts of the world, as more people are becoming fully vaccinated. Cummins began offering COVID-19 vaccines for its workforce and their dependents through mobile on-site clinics on April 1. The first mobile on-site clinic and vaccination was in Columbus, Indiana; now in just three months the company has administered its 15,000th COVID
Cummins Inc. (NYSE: CMI) is using its PrevenTech® solution to close the distance between mining machinery and the support that keeps it running. PrevenTech® is a unique platform that gives mining operators clearer sight of the state of their machinery wherever it’s deployed. It’s another way Cummins is showing their commitment to supplying, servicing and supporting the mining industry aro
Cummins Inc. (NYSE: CMI) will host its Virtual Mining Expo on Thursday June 24. Committed to helping the mining industry sustainably achieve the lowest cost of production, Cummins leaders will preview the role of alternative fuels in the future of mining, with a focus on hydrogen and Proton Exchange Membrane (PEM) Fuel Cell technology. Presenters will include: • Norbert
Cummins Inc. (NYSE: CMI) is currently expanding its workforce, and is hiring for positions at its Jamestown Engine Plant (JEP). With 1,400 employees, JEP is the largest private employer in Chautauqua county. While the trend for many Americans in the workforce is to go from one employer to the next, Cummins has built a culture that invests, nurtures and cultivates talent from within the company.
Standing firm on its value of caring, Cummins’ goal is to get as many of its workforce and their dependents vaccinated and protected from COVID-19 as possible. The company continues working with local governments and health care providers to make approved vaccines available to all employees, contingent workers, and their eligible dependents. The company has now had mobile on-site clinics in Col
Cummins Inc. (NYSE: CMI), a global power leader, has announced availability of the GTA855GCE and G855GCE engines for gas compression applications. These two industry-established, high-performance natural gas engines just became more efficient with new Murphy control systems, including simplified set-up processes and extensive diagnostics. Available with a range up to 286 (213-kW) at 1800 rpm, t
Cummins Inc. (NYSE: CMI), a global power leader, has announced four new EPA Tier 4 ratings for the QSK50 drilling power module (DPM) at the International Association Drilling Contractors (IADC) event today. Cummins is now offering the oil and gas industry a new Tier 4 final QSK50 Drilling Power Module with two ratings at 1,200 rpm and two additional ratings at 1,800 rpm. The 1,200 rpm rat
Global technology and power system solutions leader Cummins, Inc. (NYSE: CMI) has introduced the next generation of reliable power transfer equipment for mission-critical and life-saving applications, the PowerCommand® X-Series transfer switches. The PowerCommand® X-Series transfer switches are designed for versatility with current ratings from 40 amps to 3000 amps. The new products, available