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2016 News Releases


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Q2 2016 Cummins Inc. Earnings Conference Call (Live)
08/02/16 at 10:00 a.m. ET
Q2 2016 Cummins Inc. Earnings Conference Call
Tuesday, August 2, 2016 10:00 a.m. ET  
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07/12/16Cummins Inc. Increases Quarterly Common Stock Dividend
COLUMBUS, Ind.--(BUSINESS WIRE)--Jul. 12, 2016-- The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the Company's quarterly cash dividend on common stock from 97.5 cents per share to 1.025 dollars per share, payable on September 1, 2016, to shareholders of record on August 22, 2016. About Cummins Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufact... 
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06/28/16Dr. John Wall, Former Vice President and Chief Technical Officer, Cummins Inc. to Receive the Thomas W. Zosel Individual Achievement Award from the Environmental Protection Agency
WASHINGTON--(BUSINESS WIRE)--Jun. 28, 2016-- Today, Dr. John C. Wall, former Vice President and Chief Technical Officer at Cummins Inc. (NYSE: CMI), will receive the Thomas W. Zosel Individual Achievement Award from the U.S. Environmental Protection Agency (EPA) at a ceremony for the 2016 Clean Air Excellence Awards. “It’s hard to overstate John’s impact on our company, our industry and the environment. In addition to shaping emissions technology... 
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06/23/16Iconic London Routemaster Red Bus Goes Green With Cummins Euro VI Power at Goodwood
50-Year Old RM1005 is Ready to Meet London Ultra-Low Emissions ZoneGOODWOOD, UK (23 June, 2016) – Cummins display at the Goodwood Festival of Speed (June 23-26) will once again draw the crowds with a unique engineering project on show. An iconic London Routemaster red bus is going ‘green’ with a Cummins ISB4.5 clean diesel engine, ensuring it is ready to meet the Ultra-Low Emission Zone (ULEZ) standards planned to take effect in congested areas of the capital from 2018 to 2020. The A... 
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06/02/16Cummins Inc. Receives Top Global Energy Management Award
Commits to Energy Management Campaign; Releases new Energy Goal COLUMBUS, Ind.--(BUSINESS WIRE)--Jun. 2, 2016-- Cummins Inc. (NYSE: CMI) won the 2016 Award of Excellence in Energy Management from the Clean Energy Ministerial (CEM), a high-level global forum that promotes policies and programs to advance clean energy. CEM energy ministers will present this prestigious CEM award to Jennifer Rumsey, Vice President and Chief Technical Officer of Cummins ... 
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05/23/16Cummins Releases New Sustainability Progress Report
COLUMBUS, Ind.--(BUSINESS WIRE)--May 23, 2016-- Cummins Inc. (NYSE:CMI) today released its 2015-2016 Sustainability Progress Report, detailing the company’s performance in areas ranging from its environmental practices to its Corporate Responsibility initiatives. Cummins, for example, exceeded its 2020 goal for reducing water use intensity five years early and met the company’s 2015 goal for energy / greenhouse gas (GHG) reduction, accordi... 
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05/10/16Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind.--(BUSINESS WIRE)--May 10, 2016-- The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 97.5 cents per share, payable on June 1, 2016, to shareholders of record on May 20, 2016. About Cummins 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 relat... 
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05/03/16Cummins Reports First Quarter 2016 Results
First quarter revenues of $4.3 billion, EBIT of 11.3 percent of sales Cummins reaffirms full year guidance for revenues and EBIT Company announces a second quarter change to Operating Segments COLUMBUS, Ind.--(BUSINESS WIRE)--May 3, 2016-- Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2016. First quarter revenues of $4.3 billion decreased 9 percent from the same ... 
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04/11/16Cummins and Komatsu Partner to Improve Global Communities through Corporate Responsibility Partnership
MUNICH--(BUSINESS WIRE)--Apr. 11, 2016-- Tom Linebarger, CEO of Cummins Inc. (NYSE: CMI), and Tetsuji Ohashi, CEO of Komatsu Ltd. today announced a global corporate responsibility partnership to improve communities around the world. This partnership will build on the companies’ already strong business relationship. “For decades, Cummins and Komatsu have built a strong and growing business relationship,” said Linebarger. “We share common goals and... 
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04/07/16Cummins-led Team to Develop Plug-in Hybrid that Reduces Fuel Use by 50%
COLUMBUS, Ind.--(BUSINESS WIRE)--Apr. 7, 2016-- Cummins Inc. (NYSE: CMI) today announced the company was awarded a $4.5 million grant from the U.S. Department of Energy to develop a Class 6 commercial plug-in hybrid electric vehicle that can reduce fuel consumption by at least 50 percent over conventional Class 6 vehicles. When fully loaded, Class 6 vehicles weigh between approximately 19,000 and 26,000 pounds and typical examples include school ... 
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03/29/16Cummins and Olayan Announce Middle East Joint Venture
COLUMBUS, Ind.--(BUSINESS WIRE)--Mar. 29, 2016-- Today, Cummins Inc. (NYSE: CMI) and The Olayan Group announced the formation of Cummins Arabia, a 50:50, three-country distribution joint venture company in the Middle East. This joint venture consolidates the distribution of Cummins products in the United Arab Emirates (UAE), Saudi Arabia and Kuwait. Those products are currently distributed by Cummins’ wholly-owned UAE distributor and Olaya... 
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02/16/16Cummins Reorganizing Kent Operations to Improve Efficiencies
COLUMBUS, Ind.--(BUSINESS WIRE)--Feb. 16, 2016-- Cummins Inc. (NYSE: CMI) today announced that the company is reorganizing its manufacturing operations, as part of its plan to adjust to weak global demand for power generation equipment. These moves will help best position the company for long-term success. Over the next 24 months, Cummins plans to relocate its generator set assembly operations located in Kent, U.K. to Daventry, U.K., Phaltan, ... 
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02/09/16Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, IN -- (Marketwired) -- 02/09/16 -- The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 97.5 cents per share, payable on March 1, 2016, to shareholders of record on February 19, 2016. About Cummins 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 syst... 
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02/09/16Cummins Announces $500 Million Accelerated Share Repurchase
COLUMBUS, Ind., Feb. 9, 2016 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE: CMI) today announced that it has entered into an accelerated share repurchase (ASR) agreement with Goldman, Sachs & Co. (GS &Co.) to repurchase $500 million of Cummins' common stock. Today's ASR is part of Cummins' previously announced share repurchase plans authorized by the Board of Directors. Under the terms of the ASR agreement, Cummins will repurchase $500 million of its common stock from GS &Co. with an in... 
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02/04/16Cummins Announces Financial Results for the Fourth Quarter and Full Year 2015
Shares Expectations Regarding 2016 Revenue and Earnings Fourth quarter 2015 revenues of $4.8 billion, EBIT of 11.1 percent of sales excluding restructuring and impairment charges Full Year 2015 revenues of $19.1 billion and EBIT of 12.5 percent, excluding restructuring and impairment charges The company expects revenues to decline between 5 and 9 percent in 2016 and EBIT to be in the range of 11... 
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01/11/16Cummins announces first sites to achieve 'Zero Disposal'
COLUMBUS, Ind., Jan. 11, 2016 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE: CMI) announced today that three of its plants in the United Kingdom and one in France are the first four sites to achieve "Zero Disposal" status, where 100 percent of a facility's waste is handled in a truly useful manner according to the company's waste hierarchy. That means waste doesn't go to a landfill and can only be incinerated at a waste-to-energy facility after reasonable efforts to reduce, re-use and recycle. And ... 
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