Cummins Inc. wraps up 2022 with remarkable milestones

Cummins 2022 highlight icons

With over a century of innovation under its belt, Cummins Inc. has celebrated countless milestones along its journey, and 2022 was no exception with numerous entries added to the list. As Cummins continues investing in key technologies to advance its path to zero emissions strategy – Destination Zero – to reduce greenhouse gas emissions and lower the air quality impacts of its products on the planet, the company simultaneously optimizes performance for its customers’ applications, grows the business and makes positive impacts in communities throughout the world.  

Visions for the future come to fruition 

One such entry on the milestone list is the acquisition of Meritor, an industry leader in drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. The addition of Meritor’s people, products and technology are helping Cummins address one of the most critical technology challenges of our age, developing economically viable zero carbon solutions for commercial and industrial applications.  

employees smiling at Cummins-Meritor event

Another key acquisition in 2022 was that of Jacobs Vehicle Systems (JVS), a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. Adding JVS to the Cummins portfolio creates growth opportunities in current and future advanced diesel engine platforms, allowing Cummins to continue developing component technologies that deliver market leading performance and emissions. 

Local production put to global action 

It was a landmark year for Cummins’ plant in Darlington, United Kingdom, kicking off 2022 with the production of its 1.5 millionth engine. Cummins has been manufacturing in Darlington since 1965, with about 1,500 colleagues currently at the plant. Once the milestone mid-range engine rolled off the line, its long journey began, traveling 5,400 miles across the globe to Korea.

employee moving engine

Upon arrival, the engine was installed in a Hyundai excavator and quickly headed off to its customer in Guatemala. A true testament to the global nature of Cummins’ business, the Darlington Plant supplies products to customers in over 50 countries.  

Breaking a record while bettering a community 

In June, our colleagues in India partnered with their local dealer and set a Guinness World Record by constructing the longest piece of road, a single-lane of 75+ kilometers (46+ miles), from Murtizpur to Loni, Akola. Completing the feat within record time, 105 hours and 33 minutes, the stretch of highway is part of an important East-West corridor and connects major cities in India. Cummins’ Distribution Business Unit engineers provided 24-7 support to the endeavor and the equipment used by Trinity, a dealer of Cummins since 1979, for construction of the road. It was a proud moment for Cummins, the 720 workers and team of independent consultants involved in the vital project. 

Efficiently delivering customer needs 

Always looking for ways to react to market needs and improve the business, Cummins opened its state-of-the-art Power Integration Center (PIC) in Fridley, Minnesota, this August. The facility allows for the configuration, integration, and testing of power system technologies including diesel and natural gas generator sets, photovoltaic (PV) solar panels, battery storage systems, fuel cells, transfer switches, switchgear, and system-level controls.

employees smiling in front of Power Integration Center building

With Cummins’ customers placing an even higher value on flexible and well-integrated solutions, this center helps the company bring together and test different ones, discovering more efficient ways to provide sustainable power, allowing for cost savings and improved design. Watch the exciting PIC launch event here

Enabling the energy transition 

Cummins announced in December its latest project in support of moving the green hydrogen economy forward. The company will be supplying a 35MW proton exchange membrane (PEM) electrolyzer system to Linde, a global leader in the production, processing, storage and distribution of hydrogen. The project is not only a milestone for Cummins but also for the energy transition in the U.S. The state-of-the-art electrolyzer system is designed for easy on-site installation with the ability to scale up output as needed. This highlights Cummins’ commitment to the advancement of the green hydrogen economy and the company’s ability to support large-scale renewable hydrogen production with market-leading innovation: another great step forward for Cummins’ Destination Zero strategy. 

Powering the future for success 

Delivering record breaking revenues, appointing its first female CEO, advocating for racial equity, making a case for climate action, being named best employer for diversity, and collaborating with numerous businesses and organizations that share a similar vision, the list goes on of the many achievements made by Cummins and its employees during 2022. Watch for more exciting milestones to come in 2023! 

Keep up-to-date with what’s happening at Cummins and if you're interested in joining in on the action check out cummins.com/careers to see what opportunities are available! 

Tamra Knudsen smiling

Tamra Knudsen

Tamra Knudsen is a Brand Journalist for Cummins with extensive experience in the Capital Goods sector, serving over 20 years in various corporate communications roles. She began her career in accounting, moving into numerous positions within finance, marketing and administration, until she discovered her niche in the field of communications. Her passion is to create transparent and meaningful content that educates, informs and engages readers on a variety of topics for both external and internal audiences. 

Tamra graduated from the University of Wisconsin, Parkside, with a BS in Business Administration and Management.

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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