|07/28/14||Cummins Reports Results for the Second Quarter of 2014|
|COLUMBUS, IN -- (Marketwired) -- 07/28/14 -- Cummins Inc. (NYSE: CMI)
Second quarter revenues of $4.8 billion, EBIT of 13.6 percent of sales on stronger North American truck markets
Full year revenue expected to grow between 8 and 11 percent and EBIT to be in the range of 12.75 to 13.25 percent of sales
Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2014.
Second quarter revenue of $4.... |
|07/24/14||Cummins Named to Gartner's Supply Chain Top 25 for Third Consecutive Year|
|COLUMBUS, IN -- (Marketwired) -- 07/24/14 -- For the third consecutive year, Cummins Inc. (NYSE: CMI) was one of only two industrials recognized by Gartner as a top 25 supply chain company in its annual survey.
The survey was released by Gartner during their recent Supply Chain Executive Conference. In Gartner's tenth year of ranking supply chain companies, Cummins joins the likes of Apple, Amazon, Unilever and Procter & Gamble for supply chain excellence. The ranking is based on financial ... |
|07/16/14||Cummins Announces Global Design Competition for its Distribution Business Headquarters in Indianapolis|
|INDIANAPOLIS – Cummins Inc. (NYSE: CMI) today announced a global design competition is underway to bring a world-class architectural element to downtown Indianapolis. The design competition engages design and architecture experts to assist in delivering on the Company’s goals to construct a building that enhances the community, creates a productive workplace for Cummins employees and reflects Cummins’ mission and values. Cummins has selected three firms to participate:
Deborah Berke Partners ... |
|07/14/14||Cummins ETHOS 2.8L Engine Demonstrates 50 to 80 Percent Reduction in Carbon Dioxide Emissions|
|Cummins-Powered E-85 Truck on California Roadways From Mid-June Through Mid-July
COLUMBUS, IN -- (Marketwired) -- 07/14/14 -- Today, Cummins Inc. (NYSE: CMI) announced the development of an engine and powertrain that reduce carbon dioxide (CO2) emissions by as much as 80 percent compared with a baseline gasoline-powered medium-duty truck. The work was jointly funded by Cummins in partnership with the California Energy Commission (CEC).
CO2 is the primary greenhouse gas (GHG) emitted through hu... |
|07/11/14||Cummins Names Amy Adams Vice President and General Manager of Cummins Emission Solutions|
|COLUMBUS, IN -- (Marketwired) -- 07/11/14 -- Today, Cummins Inc. (NYSE: CMI) named Amy Adams Vice President and General Manager of Cummins Emission Solutions.
"Amy is a tremendous leader with the capabilities to continue to grow CES and contribute to Cummins' global success," said Anant Talaulicar, Vice President Vice President & President - Components Group, Managing Director - Cummins India Area Business Organization. "In her role as General Manager of the On-Highway business in CES, Amy ... |
|07/11/14||Cummins Names Srikanth Padmanabhan Vice President -- Heavy Duty MidRange Light Duty (HMLD) Business|
|COLUMBUS, IN -- (Marketwired) -- 07/11/14 -- Today, Cummins Inc. (NYSE: CMI) named Srikanth Padmanabhan Vice President -- Heavy Duty MidRange Light Duty (HMLD), a segment of the Engine Business.
"Srikanth is an experienced global business leader with the proven capability to operate large complex businesses and drive transformative change and accelerate growth," said Dave Crompton, President, Engine Business, Cummins Inc. "Over the years, he has led teams that delivered outstanding results and ... |
|07/08/14||Cummins Expands Leadership Team to Drive Sustainable Growth|
|Rich Freeland to Become President and COO, Reporting to Chairman and CEO Tom Linebarger; Dave Crompton Succeeds Rich Freeland as Engine Business President
COLUMBUS, IN -- (Marketwired) -- 07/08/14 -- Today, Cummins Inc. (NYSE: CMI) announced a number of leadership changes to build upon the Company's strong performance and better position Cummins for future profitable and sustainable growth.
"Today Cummins is in a terrific position with our leadership in technologies, unmatched global presence ... |
|07/08/14||Cummins Inc. Approves Quarterly Common Stock Dividend and Share Repurchase Program|
|COLUMBUS, IN -- (Marketwired) -- 07/08/14 -- The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the Company's quarterly cash dividend on common stock of approximately 25 percent to 78 cents per share from 62.5 cents per share. The dividend is payable on Sept. 2, 2014 to shareholders of record on August 22, 2014.
The Board of Directors has also authorized the Company to repurchase up to $1 billion in shares of common stock upon completion of its current $1 billion s... |
|07/08/14||Mark Osowick named Vice President - Human Resources Operations|
|Columbus, Indiana – Today, Cummins Inc. (NYSE: CMI) named Mark Osowick Vice President – Human Resources Operations. In this role, Osowick also becomes an officer of the Company.
“Mark has vast experience in the human resources function and has proven himself over the years as a capable leader who delivers great results every time,” said Jill Cook, Vice President, Human Resources. “He is a team player and strong leader and will help as we continue to create the best work environment that sup... |
|07/07/14||Cummins Recognized by Chrysler as a Supplier of the Year|
|Cummins Awarded the 2013 Powertrain Supplier of the Year and Technical Cost Reduction Supplier of the Year
COLUMBUS, IN -- (Marketwired) -- 07/07/14 -- Cummins Inc. (NYSE: CMI) was recognized by Chrysler Group as one of the 2013 Supplier's of the Year during the company's 2014 Annual Strategy Meeting and Supplier Awards Ceremony on June 24 held at the Palace of Auburn Hills in Auburn Hills, Michigan.
Of the 18 awards given to top suppliers for their extraordinary performance in 2013, Cummins w... |
|06/24/14||Cummins Breaks Ground On New Seymour Technical Center For High-Horsepower Engines|
|Construction Begins On Advanced Research And Development Office Facility Co-located With 22 Engineering Test Cells
SEYMOUR, Ind. (June 24, 2014) – Cummins Inc. (NYSE: CMI) has begun construction of a global technical center office for the High-Horsepower Engine Business after a ground-breaking ceremony on the site of the new building at the Seymour, Indiana, facility on June 16. The Seymour Technical Center will be co-located within the Seymour Engine Plant in close proximity to 22 test ce... |
|06/12/14||Jennifer Rumsey Named VP – Engineering of the Engine Business|
|COLUMBUS, Ind. – Today, Cummins Inc. (NYSE:CMI) announced that Jennifer Rumsey has been named Vice President of Engineering for the Engine Business. Rumsey will succeed Steve Charlton who in May announced he will be retiring from Cummins, effective July 1.
In this role, Rumsey, who joined Cummins in 2000, will focus on new opportunities for growth including the launch of new platforms, continued development of existing platforms and improving product quality.
“Jen brings tremendous ex... |
|06/06/14||Cummins Ranked Among World's Best in Newsweek's 2014 Green Rankings|
|COLUMBUS, IN -- (Marketwired) -- 06/06/14 -- Cummins Inc. (NYSE: CMI) today announced that it is ranked #52 among the 500 largest public companies in the United States in Newsweek's 2014 Green Rankings of businesses and #86 among the largest public companies in the world. In both cases, Cummins ranks far ahead of industry peers.
"This recognition from Newsweek underscores the commitment of our Company and our employees to an important part of our corporate mission -- demanding that everything w... |
|06/04/14||Ric Kleine Announces Plans to Retire from Cummins|
|COLUMBUS, Ind. – After more than three decades of service to Cummins Inc. (NYSE:CMI), Richard (Ric) Kleine, Vice President - On-Highway Business, announced his plans to retire effective July 1.
“Ric has had an extraordinary impact on Cummins and the engineering industry as a whole and will be missed,” said Rich Freeland, President Cummins Engine Business and Vice President, Cummins Inc. “Ric leaves behind a legacy of customer focus, innovation and inspirational leadership. I wish Ric the bes... |
|05/21/14||Steve Charlton Announces Plans to Retire from Cummins|
|COLUMBUS, Ind. – Cummins Inc. (NYSE:CMI) has announced that Steve Charlton, Vice President and CTO – Engine Business, plans to retire from Cummins, effective July 1.
“In his more than 20 years with the company, Steve has provided invaluable technical expertise and leadership that has led to major victories for Cummins,” said Rich Freeland, President Cummins Engine Business Unit and Vice President, Cummins Inc. “He has left a profound mark on our company and his contributions will always be v... |
|05/20/14||Cummins Launches QSK60 C Power Emergency Genset for Offshore Applications|
|CHARLESTON, S.C., May 20, 2014 /PRNewswire/ -- Cummins Inc. (NYSE: CMI) a leading manufacturer of diesel engines for the commercial marine industry, is pleased to announce the latest addition to the C Power product line, the QSK60 C Power (CP) emergency generator set. Engineered by the Cummins Center of Excellence for the demands of offshore applications, the QSK60 C Power genset is driven by the QSK60 marine auxiliary engine with MCRS fuel system. This engine has been used in diesel electric pr... |
|05/15/14||Cummins Releases Its 2013-2014 Sustainability Report|
|COLUMBUS, IN -- (Marketwired) -- 05/15/14 --
This week, Cummins Inc. (NYSE: CMI) released its largest Sustainability Report yet, including more data, pictures and stories than ever before.
The Company, which has produced a report since 2003, also released a 16-page Executive Summary of the more than 140 page report. Both can be found at the Company's external sustainability website, cummins.com/sustainability.
This year's report theme is "Living Our Values." It focuses on Cummins' six... |
|05/13/14||Cummins Inc. Declares Quarterly Common Stock Dividend|
|COLUMBUS, IN -- (Marketwired) -- 05/13/14 --
The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 62.5 cents per share, payable on June 2, 2014 to shareholders of record on May 23, 2014.
Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems... |
|05/12/14||Cummins Chairman and CEO Unveils Comprehensive Global Plan to Reduce Environmental Footprint|
|COLUMBUS, IN -- (Marketwired) -- 05/12/14 --
Today, Cummins Inc. (NYSE: CMI) Chairman and CEO Tom Linebarger outlined the Company's most extensive plan to date for environmental sustainability, including specific goals for reducing waste, water and energy.
A core part of the Company's mission is demanding that everything Cummins does leads to a cleaner, healthier and safer environment, which has also proven to be a business advantage.
Cummins has been working hard to reduce its enviro... |
|05/08/14||Cummins Names Kelley Tate to Lead Power Systems Distributor Business|
|BRISTOL, PA -- (Marketwired) -- 05/08/14 --
Cummins Inc. (NYSE: CMI) has named Kelley Tate President of Cummins Power Systems. Tate will succeed Scott Patrohay.
Headquartered in Bristol, Pennsylvania, Cummins Power Systems serves a broad region of the Eastern United States, including the Bermuda Islands, Connecticut, Delaware, Pennsylvania, Maryland, Northern Virginia, New Jersey, New York City Metro Area and Washington, DC.
"I am deeply honored and humbled by the opportunity to continue to ... |
|05/08/14||Jeff Jones to Retire From Cummins Inc.|
|Executive Appointments Announced
COLUMBUS, Ind. (May 8, 2014) – Cummins Inc. (NYSE: CMI) announced that
Jeff Jones, Vice President – North American Engine Business and Marketing Communications, will retire from the company on June 30, 2014.
“While we are excited for Jeff as he heads toward a well-deserved retirement, the company will miss his leadership,” said Rich Freeland, President – Engine Business, and Vice President – Cummins Inc. “Jeff has had a tremendous impact throughout his care... |
|05/02/14||Cummins Recognizes Top U.S. Suppliers|
|COLUMBUS, IN -- (Marketwired) -- 05/02/14 --
Cummins Inc. (NYSE: CMI) today recognized the top suppliers to its U.S. operations at its 2014 U.S. Supplier Conference held in Indianapolis, Ind. In all, 17 suppliers to Cummins' businesses and functions achieved recognition for delivering exemplary service and support in a range of categories, including U.S. Supplier of the Year.
"These suppliers have demonstrated and exceeded the qualities that we expect of all of our suppliers -- ... |
|05/01/14||Cummins Named a Top Company for Diversity|
|COLUMBUS, IN -- (Marketwired) -- 05/01/14 --
Cummins Inc. (NYSE: CMI) has been named one of the Top 50 Companies for Diversity by DiversityInc for the eighth consecutive year.
Cummins, which ranks 15th in the 2014 annual list, was selected from more than 1,200 companies that participated.
"Diversity gives Cummins a competitive advantage in producing the best products with the best people from all over the world," said Kelley Creveling, Executive Director - Global Diversity and Right ... |
|04/29/14||Cummins Announces Results for the First Quarter of 2014; Improving Demand in North America Drives Revenue Growth|
|First Quarter Revenues of $4.4 Billion, EBIT of 12.0 Percent of Sales; Full Year Revenue Expected to Grow Between 6 and 10 Percent and EBIT to Be in the Range of 12.75 to 13.25 Percent of Sales
COLUMBUS, IN -- (Marketwired) -- 04/29/14 --
Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2014.
First quarter revenue of $4.4 billion increased 12 percent from the same quarter in 2013. The increase year-over-year was driven by stronger demand in on-highway markets a... |
|04/17/14||Cummins Names Jason MacLean Vice President, Power Generation Business Supply Chain|
|COLUMBUS, IND. – Today, Cummins Inc. (NYSE: CMI) promoted Jason MacLean Vice President, Power Generation Business Unit (PGBU) Supply Chain. In his new role, MacLean will also become an officer of the Company.
MacLean will continue to lead all functions within supply chain within the Power Generation Business Unit including global manufacturing of generator sets and alternators in 16 locations, purchasing, logistics, order management, planning and Supply Chain HSE and quality.
“I am pleas... |
|04/17/14||Cummins Names Dana Vogt Vice President, Manufacturing - Heavy Duty, Mid-Range, and Light Duty Diesel|
|COLUMBUS, IND. – Today, Cummins Inc. (NYSE: CMI) promoted Dana Vogt to Vice President - Manufacturing - Heavy Duty, Mid-Range, and Light Duty Diesel. In this new role, Vogt will also be an officer of the company.
“We are pleased to have Dana in this new role,” said Dave Crompton, Vice President, Heavy Duty, Mid-Range and Light Duty Business. “Since joining Cummins in 1981, Dana has made significant contributions to our company, customers and other stakeholders. Dana has held various roles ov... |
|04/14/14||Cummins Names Mark A. Smith Vice President, Investor Relations|
|COLUMBUS, IND. – Today, Cummins Inc. (NYSE: CMI) promoted Mark A. Smith to Vice President, Investor Relations. As Vice President, Smith will also be an officer of the Company.
Smith will continue leading Investor Relations and the Business, Planning and Analysis function for Cummins. In addition to these existing responsibilities, Smith will now also assume responsibility for Capital Management across the Company.
“Mark is a first-class business partner who is trusted and respected by ind... |
|03/05/14||Cummins Emission Solutions New EcoFit™ Urea Tanks & Lines Make North American Debut At ConExpo 2014|
|New Components to Provide Robust, Reliable Urea Storage & Detection Capabilities
for Off-Highway Applications
LAS VEGAS, NV. – Cummins Emission Solutions, a subsidiary of Cummins Inc. (CMI:NYSE), today introduced its recently launched EcoFit Urea Tanks & Lines to the North American construction market, providing customers the added convenience and increased integration benefits of a fully packaged aftertreatment system for Selective Catalytic Reduction (SCR) technology.
The EcoFit Urea Tank... |
|03/05/14||Show of Strength by Cummins at CONEXPO with Over 40,000 HP on Display|
|03/04/14||Cummins Tier 4 Final Field-Test Program Exceeds 140,000 Hours, Gaining Valuable Experience with Operators On-Site|
|03/04/14||Over 400 Machine Integration Projects Underway by OEMs with Cummins Tier 4 Final Engines|
|02/28/14||Cummins-Powered Tornado Intercept Vehicle (TIV2) Storms into Las Vegas for CONEXPO 2014|
|02/25/14||Guard to Visit Cummins Plants to Learn More About Company|
|COLUMBUS, Ind. – Cummins Inc. (NYSE: CMI) will host more than 60 members of the Indiana National Guard on Tuesday, Feb. 25, 2014, for a day of tours and presentations on the Company’s products and processes as well as employment opportunities at Cummins.
“What started off as a casual conversation between two friends about the Guard’s involvement with our products grew into something much, much bigger,” said Jeff McKinney, HR Operations Excellence Leader. McKinney helped organize the day.
|02/20/14||Cummins Names Jim Schacht General Manager -- Commercial Marine|
|CHARLESTON, S.C., Feb. 20, 2014 /PRNewswire/ -- Cummins Inc. (NYSE: CMI) has named Jim Schacht General Manager for the Commercial Marine Business. Working in close cooperation with the Cummins distributor network, Schacht will be responsible for all commercial marine business activities for the Engine Business Unit (EBU) globally, including business development and support. He will be located in Columbus, Indiana and will report directly to Ed Pence, Vice President of the High Horsepower Engine ... |
|02/18/14||Cummins-Peterbilt SuperTruck Achieves 10.7 MPG in Latest Test|
|COLUMBUS, IN -- (Marketwired) -- 02/18/14 --
Cummins Inc. (NYSE: CMI) and Peterbilt Motors Co., a division of PACCAR (NASDAQ: PCAR), announced today that the latest version of their SuperTruck demonstration tractor-trailer achieved 10.7 mpg last month under real-world driving conditions.
Developing a truck that could meet or exceed 10 mpg when fully loaded was considered unlikely, if not impossible, just a few years back, with most trucks averaging between 5.5 and 6.5 mpg. However, w... |
|02/18/14||Cummins Supports Government Efforts to Develop Next Phase of Greenhouse Gas Emission and Fuel Efficiency Standards for Medium- and Heavy-Duty Vehicles|
|COLUMBUS, IN -- (Marketwired) -- 02/18/14 --
Cummins Inc. (NYSE: CMI) today announced its support for the development of a second phase of greenhouse gas and fuel efficiency standards for medium- and heavy-duty commercial vehicles.
"Cummins supports standards that deliver environmental benefits and help our customers in the form of increased fuel efficiency and cost savings," said Rich Freeland, Cummins Vice President and President, Engine Business. "The first phase of these regulati... |
|02/17/14||Cummins Names Jenny Bush to Lead Mid-South Distributor Business|
|MEMPHIS, TN. (February 17, 2013) – Cummins Inc. (NYSE:CMI) has named Jenny Bush President of Cummins Mid-South. Bush will succeed Ben Strafuss.
Headquartered in Memphis, Tennessee, Cummins Mid-South serves a broad region of the United States, including the states of Alabama, Arkansas, Louisiana, and Mississippi, and portions of Florida, Illinois, Missouri, and Tennessee.
“I am excited about the opportunity to lead such a great organization within the Cummins family,” said Bush. “Mid-South se... |
|02/11/14||Cummins Inc. Declares Quarterly Common Stock Dividend|
|COLUMBUS, IN -- (Marketwired) -- 02/11/14 --
The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 62.5 cents per share, payable on March 3, 2014 to shareholders of record on February 21, 2014.
Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fue... |
|02/06/14||Cummins Announces Results for 2013; Shares Expectations for Revenue and EBIT Growth in 2014 and Reaffirms Commitment to Increase Cash Returned to Shareholders|
|COLUMBUS, IN -- (Marketwired) -- 02/06/14 --
Fourth quarter revenues of $4.6 billion, EBIT of 12.3 percent of sales
2013 revenues of $17.3 billion, EBIT of 12.5 percent of sales
Expects 2014 revenue to grow between 4 and 8 percent and EBIT to be in the range of 12.75 to 13.25 percent of sales
Plans to return 50 percent of Operating Cash Flow to shareho... |
|01/30/14||Cummins Co-establishes International Education Partnership in Nigeria|
|COLUMBUS, IND. – Cummins Inc. (NYSE: CMI) has a long history of supporting education initiatives in the communities where it operates and is now making efforts to strengthen technical education across the world. The Company recently announced it is extending the reach of its TEC: Technical Education for Communities program through a new partnership announced today in Lagos, Nigeria.
The partnership brings together public and private businesses and organizations including the Institute European... |
|01/27/14||Cummins Starts Production of Tier 4 Final 6-Cylinder Engines|
|Wide Range Of Equipment With Cummins Tier 4 Final Engines To Debut At CONEXPO Bringing “Technology That Transforms” To Operators
COLUMBUS, Ind. (Jan. 27, 2014) – Cummins Inc. (NYSE: CMI) has started production of 6-cylinder engines certified to meet the U.S. Environmental Protection Agency (EPA) Tier 4 Final regulations, equivalent standards in Canada and Stage IV in Europe. Engine production across a broad 190 hp to 675 hp (142-503 kW) output will increase during the course of the ... |
|01/09/14||Cummins Inc. Named Newsmaker of the Year by Diesel Progress North American|
|COLUMBUS, IN -- (Marketwired) -- 01/09/14 --
Cummins Inc. (NYSE: CMI) announced today that it is the recipient of the 2013 Newsmaker of the Year award from Diesel Progress North American magazine. This is the third time that Cummins has received this honor. Cummins was previously named Newsmaker of the Year in 2002 and in 2007.
The Diesel Progress North American
Newsmaker of the Year award, which began in 1997, honors the company, person, product, technology or industry trend that m... |