COLUMBUS, Ind.--(BUSINESS WIRE)--Jul. 27, 2018--
Cummins Inc. (NYSE: CMI) announced a settlement agreement has been
reached with JM Turbo Technology Corporation precluding the manufacture
or sale of products that infringe Cummins patents.
As part of the settlement agreement, JM Turbo Technology acknowledged it
illegally marketed and sold turbochargers protected by Cummins’ patents
and other intellectual property rights registered in multiple countries.
In addition, Cummins patents were infringed, valid and enforceable.
Conditions of the settlement include JM Turbo Technology’s agreement to
stop all manufacturing, importation, exportation, advertising and/or
sale of all infringing products. The settlement also calls for JM Turbo
Technology to destroy all existing inventory of the infringing products.
“Cummins is committed to defending our intellectual property as we
continue innovating for our customers to power their success,” said Shon
Wright, Executive Director and General Manager of Cummins Turbo
Technologies. “Integrity is one of Cummins’ core values and we take
great pride in doing what is right for our customers and our products.
Cummins, with support from our global partners, will continue to examine
the marketplace to ensure the company’s intellectual property is
About Cummins Inc.
Cummins Inc., a global power leader, is a corporation of complementary
business segments that design, manufacture, distribute and service a
broad portfolio of power solutions. The company’s products range from
diesel and natural gas engines to hybrid and electric platforms, as well
as related technologies, including battery systems, fuel systems,
controls, air handling, filtration, emission solutions and electrical
power generation systems. Headquartered in Columbus, Indiana (U.S.A.),
since its founding in 1919, Cummins currently employs approximately
58,600 people committed to powering a more prosperous world. Cummins
serves customers in about 190 countries and territories through a
network of some 500 company-owned and independent distributor locations
and approximately 7,500 dealer locations. Cummins earned about $1
billion on sales of $20.4 billion in 2017. Press releases can be found
on the Web at www.cummins.com.
Follow Cummins on Twitter at www.twitter.com/cummins
and on YouTube at www.youtube.com/cumminsinc.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180727005436/en/
Source: Cummins Inc.
Jon Mills, 317-658-4540