Cummins and Westport Innovations Win Award for U.S.-Canada Collaboration
COLUMBUS, Ind.--(BUSINESS WIRE)--
Cummins Inc. (NYSE:CMI) and Westport Innovations Inc., its joint venture partner in developing fuel-efficient, low polluting natural gas bus and truck engines, have received the 2007 Canadian American Business Achievement Award from the Canadian American Business Council.
The Canadian American Business Achievement Award is annually given to two companies, one Canadian and one American, whose joint enterprise demonstrates the magnitude of the business and trade relationship between the two countries.
"It is our privilege to accept this award with our partner Westport," said Steven M. Chapman, Group Vice President, Emerging Markets and Businesses, Cummins Inc. "As our two companies continue to work together to develop better usage of alternative fuels and more advanced technologies we look forward to being an example to other companies in Canada and the United States in demonstrating the power of individual leadership and joint partnership."
Karen Borlaug Phillips, Chairwoman of CABC, said, "This joint venture and technology partnership is an outstanding example of the kind of global success that can be created when strong business growth, remarkable innovation, and cross border business leadership work together to enhance the competitive advantage of the relationship between Canada and the United States."
In receiving the award, Westport Innovations Inc. President and Chief Operating Officer, Michael Gallagher, said, "We are extraordinarily proud to accept this award with our partner Cummins. Our joint enterprise is inspired by the spirit of cross-border cooperation between Canada and the United States."
The winners are chosen by an international panel of judges using exacting standards that examine sustained profitability, job creation, financial strength, environmental responsibility, corporate synergy, exceptional imagination, and extraordinary innovation.
The awards are being presented as part of the 2007 Cross Border Business Policy Forum held today in Toronto.
About Cummins
Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins serves customers in more than 160 countries through its network of 550 Company-owned and independent distributor facilities and more than 5,000 dealer locations. Cummins reported net income of $715 million on sales of $11.4 billion in 2006. Press releases can be found on the Web at www.cummins.com.
About Cummins Westport Inc.
Cummins Westport Inc. manufactures and sells the world's widest range of low-emissions alternative fuel engines for commercial transportation applications such as trucks and buses. Cummins Westport is a joint venture of Cummins Inc. (NYSE:CMI) a corporation of complementary business units that design, manufacture, distribute, and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions, and electrical power generation systems, and Westport Innovations Inc. (TSX:WPT), a leading developer of technologies that allow engines to operate on clean-burning fuels such as natural gas, hydrogen, and hydrogen-enriched natural gas (HCNG). www.cumminswestport.com
About the Canadian American Business Council
The Canadian American Business Council is the voice of business in the world's most prosperous relationship. Established in 1987, the Council is a non-profit, issues-oriented organization dedicated to elevating the private sector perspective on issues that affect our two nations. CABC member companies include: Alcan, Allstream, Amgen, Bombardier, Campbell Soup Company, Canadian National Railway, Canadian Natural Resources Limited, Chrysler, EDS, Exxon Mobil Corporation, FMC, Ford, Procter & Gamble, Royal Bank of Canada, TransCanada, UPS, and Wal-Mart. For more information, please visit www.canambusco.org.
Source: Cummins Inc.
Released November 9, 2007