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Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2018. Second quarter revenues of $6.1 billion increased 21 percent from the same quarter in 2017 and reached a new quarterly record. The Company delivered growth in most major markets as demand for trucks, construction, mining and power generation equipment all improved. Currency favorably impacted revenues by
The engine has won design awards, been embraced by truck makers and last month Cummins introduced a version for commercial marine segments. “Cummins has always been a technology leader, helping us to meet new emission standards whether we’re operating in California or across the nation,” said John Savage, Executive Vice President of Savage Services, a transportation, logistics and material
Building on a well-established product portfolio, Cummins revealed its new Stage V power unit range at Hillhead 2018, Buxton, June 26-28, 2018. Delivered as a complete and ready-made package, Cummins power units comprise a Stage V engine, exhaust aftertreatment system, radiator and cooling system – as well as auxiliaries such as mounting feet, hoses and an air cleaner. Jeroen van Ginneken
Cummins Electronics and Fuel Systems (CEFS) recently celebrated the 10th anniversary of its China operations with production of the 2 millionth fuel injector and 800,000th Electronic Control Unit (ECU) in its Wuhan plant. Several Cummins executives, including Rich Freeland, Cummins President and COO; Steve Chapman, Cummins Group VP, China and Russia; Cary Chenanda, General Manager o
Cummins Inc. (NYSE: CMI) and Anhui Jianghuai Automobile Co. Ltd. (JAC Motors) (SH: 600418) announced today that the two parties will form a 50:50 joint-venture after Cummins purchased Navistar’s 50 percent equity of the JAC-Navistar Diesel Engine Company (JND). “I am delighted that Cummins is expanding our long-term relationship with JAC Motors, one of the most respected automotive companies in
Chairman and CEO Tom Linebarger pronounced 2017 a success and said Cummins is well positioned for the future at the company’s Annual Meeting today in Indianapolis, Indiana (U.S.A.). “Looking ahead, we are confident that the investments we made in our people, our products and services in 2017 will ensure that the company continues to help our customers win in their markets and create long-term v
Cummins’ global strategic community initiative, Cummins TEC: Technical Education for Communities, recently expanded into a new country with the inauguration of a TEC site in Brazil. First launched in 2012, Cummins TEC targets the technical skills gap around the world through local vocational education programs. In Brazil, Cummins is partnering with French multinational energy management and aut
First quarter revenues of $5.6 billion increased 21 percent from the same quarter in 2017. Strong demand for trucks, construction and mining equipment drove the majority of the revenue increase. Currency favorably impacted revenues by 2 percent, primarily due to a weaker US dollar. Sales in North America improved by 22 percent while international revenues increased by 20 per
Located in the San Fernando de Henares region, this new site is better equipped to serve Cummins customers in Spain. It includes a workshop area and warehouse, as well as increased office space to provide a holistic environment that supports its customers and employees. The new site is located in close proximity to local customers as well major transport links including the airport and key routes
Speaking with the EDF’s Fred Krupp, Linebarger makes a strong case for how environmental stewardship is paying off for Cummins. “We’ve been an innovator since the very beginning: on the diesel engine, natural gas engines and on emission controls,” Linebarger tells Krupp. “We see customer and environmental challenges as opportunities to demonstrate leadership and innovation.” The interview ap
Cummins engineers and scientists received a record 287 patents in 2017 from the U.S. and countries around the world, about an 11 percent increase over 2016. “It can take several years to acquire a patent, so comparing numbers on a year-to-year basis is not a perfect measure,” said Wayne Eckerle, Vice President of Research and Technology at Cummins. “But we’ve seen a pretty consistent increase s
The 320 students at the Victor Civita school in Guarulhos Brazil will now have a lot more room to learn. That’s because the school for children ages 5- to 11-years-old has more than doubled in size after a grant from the Cummins Foundation to expand and modernize the building. "The new Victor Civita school is one of Cummins Brazil's most important (community) projects,” said Luis Pasquotto,