Cummins Power Generation Announces Price Increase
MINNEAPOLIS--(BUSINESS WIRE)--
Cummins Power Generation, a division of Cummins Inc. (NYSE: CMI), announces price increases for its commercial generator set products between 15 kW and 2700 kW. Prices of generator sets and transfer switches in North America will rise between 2 and 7 percent and are effective Jan. 1, 2009.
This increase is due primarily to rising commodity and fuel prices as well as the consequence of the current industry dynamics.
Cummins Power Generation commercial generator sets are used for continuous, prime and standby power in a variety of commercial and industrial applications. These sets are also used for electrical power in non-road applications, such as temporary rental solutions. Cummins offers a full range of products that meet EPA regulations.
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, emissions 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 $739 million on sales of $13.05 billion in 2007. Press releases can be found on the Web at www.cummins.com. For more information, contact Flavio Mello, Cummins Power Generation, 1400 73rd Ave. NE, Minneapolis, MN 55432. Phone: 763-528-7862, Fax: 763-574-5048
EDITOR'S NOTE: Recent news releases and high-resolution photos are now available for download. Go to: cumminspr.robertscomm.com
Source: Cummins Inc.
Released November 6, 2008