2013 News Releases|
2013 News Releases
Q1 2014 Cummins Inc. Earnings Conference Call (Live)
04/29/14 at 10:00 a.m. ET
|11/11/13||Cummins Brings Its Generator Quality and Reliability to Residential and Light Commercial Markets|
|MINNEAPOLIS, MN -- (Marketwired) -- 11/11/13 --
The Cummins Inc. (NYSE: CMI) Power Generation business announced today a new family of generator sets that operate on natural gas or liquid propane, and are specifically designed for residential and light commercial use.
Cummins has long provided high quality, reliable backup power to a broad range of businesses including hospitals, data centers, airlines and grocery stores where emergency power is critical.
The 22kW to 60kW generator... |
|10/29/13||Cummins Reports Results for the Third Quarter of 2013|
|Third Quarter Revenues of $4.3 Billion and EBIT of 12.6 Percent of Sales; Now Expects Full Year Revenues to Be Down 3 Percent Compared to 2012; Full Year EBIT to Be in the Range 12.5 to 13 Percent of Sales
COLUMBUS, IN -- (Marketwired) -- 10/29/13 --
Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2013.
Third quarter revenues of $4.3 billion increased 4 percent from the third quarter of 2012. Revenues in North America increased by 11 percent and internationa... |
|10/16/13||Cummins Westport Receives SAFE Advanced Technology Energy Security Prize|
|VANCOUVER, BC – Cummins Westport Inc. today announced that it is receiving one of the inaugural “Energy Security Prize” Advanced Technology Awards from Securing America’s Future Energy (SAFE). The award will be presented at the OPEC Oil Embargo +40: A National Summit on Energy Security conference this afternoon in Washington, D.C.
“Both of Cummins Westport’s parent companies – Cummins Inc. and Westport Innovations Inc. – have been pioneers in the use of natural gas for transportation for mo... |
|10/15/13||Cummins Inc. Declares Quarterly Common Stock Dividend|
|COLUMBUS, IN -- (Marketwired) -- 10/15/13 --
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 December 2, 2013 to shareholders of record on November 21, 2013.
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 fu... |
|10/04/13||Cummins Announces 5.0L V8 Diesel for North American On-Highway Markets|
|Extends Cummins Range of Clean-Diesel Engines in North America
COLUMBUS, IN -- (Marketwired) -- 10/04/13 --
Cummins Inc. (NYSE: CMI) today announced it will begin producing the ISV5.0, a new 5-liter V8 diesel engine designed to power pickup-and-delivery vehicles, other light- and medium-duty trucks, school buses and motorhomes.
The ISV5.0 extends Cummins' range of clean-diesel engines for North American vehicles, and features industry-leading technology that delivers performance an... |
|09/30/13||Cummins Ultra-Low Emissions Locomotive to Run the Indiana Rails|
|Cummins will own and operate the first ever QSK95 powered locomotive with the Indiana Rail Road Company
INDIANAPOLIS, IND (Sept. 29, 2013) – Cummins Inc. (NYSE: CMI) today announced at the Railway Interchange Show that the first QSK95-powered locomotive will begin commercial service operation with the Indiana Rail Road Company (IRR).
Cummins will own and operate the locomotive in its headquartered state of Indiana and the 4200 hp (3132 kW) heavy-haul locomotive will take to the track by mid-2... |
|09/26/13||Cummins Receives Three Honors for Environmental Sustainability Achievements|
|High Marks for Greenhouse Gas Reduction; Decreases in Energy Intensity
COLUMBUS, IN -- (Marketwired) -- 09/26/13 -- Cummins Inc. (NYSE: CMI) announced today that the Company received its best score ever on greenhouse gas (GHG) reduction from the CDP, formerly known as the Carbon Disclosure Project. The Company also made the Dow Jones Sustainability Indices and was recognized for the strides it has made in decreasing energy use.
"Cummins is a leader when it comes to the technologies that reduce... |
|09/17/13||Cummins Shares Plans for Profitable Growth With Investment Community|
|NEW YORK, NY -- (Marketwired) -- 09/17/13 --
Senior leaders of Cummins Inc. (NYSE: CMI) today shared their five year plans for profitable growth, emphasizing the opportunities presented by tightening emissions regulations in many parts of the world, the acquisition of its distributors in North America and highlighting the roll-out of a broad range of exciting new products.
Speaking at a meeting with more than 100 Wall Street analysts and shareholders, Cummins Chairman and Chief Execu... |
|09/16/13||Cummins Announces New Global Heavy-Duty Engine Platform|
|COLUMBUS, IN -- (Marketwired) -- 09/16/13 --
Cummins Inc. (NYSE: CMI) today announced a new global heavy-duty engine platform that it has developed to complement its existing global product offering. The G Series platform is an in-line six cylinder engine and will be available in 10.5 and 11.8 liter displacements to meet a broad variety of on-highway and off-highway global market requirements and emission standards. Initial engines are designed to run on diesel fuel.
Design and devel... |
|08/20/13||The New Cummins 5.0L V8 Turbo Diesel Brings Manufacturing Back to Downtown Columbus|
|COLUMBUS, IN -- (Marketwired) -- 08/20/13 -- Cummins Inc. (NYSE: CMI) announced today that its historic Columbus Engine Plant (CEP) is being readied to build the Cummins 5.0L V8 Turbo Diesel for Nissan's next generation Titan pickup truck.
"This is an exciting announcement for our Cummins team," said Tom Linebarger, Chairman and CEO, Cummins Inc. "We are bringing our innovation and latest technology in engines and after treatment products to a new segment of customers. Importantly, this wi... |
|08/15/13||Cummins Celebrates Production of 1.5 Million Engines at Jamestown Engine Plant|
|JAMESTOWN, NY -- (Marketwired) -- 08/15/13 --
Today Cummins Inc. (NYSE: CMI) celebrates the production of the 1.5 millionth engine at its Jamestown Engine Plant (JEP) in Jamestown, New York.
The JEP, established in 1974, is one of the top five heavy-duty diesel engine producers worldwide with production in recent years typically exceeding 100,000 engines annually. The JEP also remains one of the company's largest manufacturing facilities, as it accounts for 12 percent of Cummins tot... |
|08/14/13||Cummins Filtration Launches Convenient, Easy to Use Fleetguard(R) Product Catalog Mobile Phone App|
|NASHVILLE, TN -- (Marketwired) -- 08/14/13 -- Cummins Filtration (NYSE: CMI), a division of Cummins Inc., today introduced a new Fleetguard Product Catalog mobile phone application -- a practical and time-saving way for users to quickly find products that fit a specific vehicle or engine.
Available for use with the Apple iPhone™ (Apple iOS Version 4 and up) and Android™-enabled mobile phones (Android™ Version 2.2 and up), the Fleetguard Product Catalog mobile phone app is a free download avail... |
|07/30/13||Cummins reports strong results for the second quarter of 2013, expects full year revenues to be in line with 2012|
|07/29/13||Cummins Plant Receives ISO 50001 Certification|
|COLUMBUS, IND. – Cummins Inc. (NYSE:CMI) announced today that its Columbus Engine Plant (CEP) has earned ISO 50001 Energy Management System certification, the first Cummins manufacturing facility to achieve this international accreditation.
The International Organization for Standardization (ISO) provides business, government, and society with practical tools to achieve sustainable social, economic, and environmental development. Bureau Veritas Certification North America, Inc. presented the p... |
|07/09/13||Cummins Inc. Increases Dividend by 25 Percent|
|COLUMBUS, IN -- (Marketwired) -- 07/09/13 --
The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the Company's quarterly cash dividend on common stock of 25 percent to 62.50 cents per share from 50 cents per share.
The dividend is payable on Sept. 3, 2013 to shareholders of record on August 22, 2013.
"The increase in our dividend, combined with our current share repurchase program, reflects our confidence in the long-term prospects for the Company and d... |
|06/26/13||Cummins Inc. Issues Statement on Supreme Court Rulings on DOMA and Prop 8|
|After the Supreme Court issued its rulings on the Defense of Marriage Act and California’s Proposition 8, Sharon Barner, Vice President and General Counsel for Cummins Inc., said the following:
“Doing things the right way and embracing diversity are core Cummins values. We have a long and rich history of supporting civil rights issues and often Cummins has been a strong corporate voice on those issues. Today, we join many companies and individuals in commending the Supreme Court for striking d... |
|06/25/13||Cummins Names Sherry Aaholm Chief Information Officer|
|COLUMBUS, IN -- (Marketwired) -- 06/25/13 --
Today, Cummins Inc. (NYSE: CMI) announced that Sherry Aaholm has been named Chief Information Officer (CIO). Aaholm's first day with Cummins was June 24.
"We are pleased that Aaholm is joining the Cummins family," said Marya Rose, Chief Administrative Officer and Vice President, Cummins Inc. "The role of CIO is more complex and more important than ever. At Cummins, it requires someone who can act as both a strategic planner to manage a gl... |
|06/14/13||Cummins’ Aleksey Yezerets Named Society of Automotive Engineers Fellow|
|COLUMBUS, IND –Today, Cummins Inc. (NYSE: CMI) announced that Aleksey Yezerets, Director – Catalyst Technology, has become the sixth person from Cummins to be named a fellow of the Society of Automotive Engineers (SAE) International.
“It is a very rare privilege for an engineer and researcher to be able to do exciting in-depth technical work, which has such an immediate impact on commercially successful products,” Yezerets said. “I am also very fortunate to have had a chance to contribute to ... |
|06/02/13||In a Major Milestone, Ad Astra & Cummins Inc. Successfully Use Hydrogen/Biogas to Power a Cummins Generator in Costa Rica|
|LIBERIA, COSTA RICA -- (Marketwired) -- 06/02/13 --
In a significant scientific and environmental achievement, a combined team of engineers and technicians from Ad Astra Rocket Company and Cummins Power Generation, a business unit of global power leader Cummins Inc., (NYSE: CMI) have successfully powered a Cummins-built electrical generator using mixtures of hydrogen and biogas.
The team's success goes hand-in-hand with a parallel and ongoing technology development to store hydroge... |
|05/17/13||Cummins Releases 10th Sustainability Report Highlighting Innovation and the Company's Global Impact|
|COLUMBUS, IN -- (Marketwired) -- 05/17/13 --
This week, Cummins Inc. (NYSE: CMI) released its 2012-2013 Sustainability Report, on the Company's Sustainability Web page (www.cummins.com/sustainability).
There are articles on Company initiatives throughout the world including Brazil, China, Dubai, India, Mexico, Morocco, the United States and the United Kingdom. The report, which includes more articles and photos than ever before, also includes a special section on innovation at Cumm... |
|05/14/13||Cummins Inc. Declares Quarterly Common Stock Dividend|
|COLUMBUS, IN -- (Marketwired) -- 05/14/13 --
The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 50 cents per share, payable on June 3, 2013 to shareholders of record on May 24, 2013.
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, co... |
|04/30/13||Cummins Reports Results for the First Quarter of 2013, Maintains Full Year Guidance for Revenues and EBIT|
|First quarter revenues of $3.9 billion and EBIT 11.1 percent of
Continues to expect full year revenues to be flat to down 5 percent
Maintains full year EBIT guidance to be in the range 13 to 14
percent of sales
COLUMBUS, Ind.--(BUSINESS WIRE)--Apr. 30, 2013--
Cummins Inc. (NYSE: CMI) today reported results for the first quarter of
First quarter revenues of $3.9 billion ... |
|03/26/13||Dr. Lixin Peng Named Vice President – Engineering, China Area Business Organization|
|COLUMBUS, Ind.--(BUSINESS WIRE)--Mar. 26, 2013--
Cummins Inc. (NYSE: CMI) has named Dr. Lixin Peng Vice President –
Engineering, China Area Business Organization (ABO), effective April 1.
As Vice President – Engineering, China ABO, Dr. Peng will remain
responsible for strategic planning and development of Fit-For-Market
(FFM) products, engineering support for our customers and joint venture
(JV) partners, functional excellence for Product Environ... |
|03/21/13||Gino Butera Named Vice President, Managing Director and Cummins Africa ABO Leader|
| COLUMBUS, Ind.--(BUSINESS WIRE)--Mar. 21, 2013--
Cummins Inc. (NYSE: CMI) named Gino Butera Vice President,
Managing Director and Africa ABO Leader. Butera is taking over for Ron
Somerville who announced his retirement late last week. The transition
will begin in April, with Butera assuming full responsibility by June.
“Our Africa strategy requires us to identify and select our best to
lead, grow our business, and set up world class customer ... |
|03/14/13||‘SuperTruck’ Yields 54 Percent Increase in Fuel Economy|
| COLUMBUS, Ind.--(BUSINESS WIRE)--Mar. 14, 2013--
Cummins Inc. (NYSE: CMI) and Peterbilt Motors Company, a division of
PACCAR (Nasdaq: PCAR), released test results today showing their
demonstration tractor-trailer achieved a 54 percent increase in fuel
economy, averaging nearly 10 miles per gallon (mpg) under real world
The “SuperTruck” developed by the two companies features a
higher-efficiency engine and an aerodyn... |
|03/14/13||Guangxi Cummins Engine Company Celebrates Official Start of Operations with Completion of First Engine|
| LIUZHOU CITY, Guangxi Province, China--(BUSINESS WIRE)--Mar. 14, 2013--
Today, the first Cummins L9.3 engine rolled off the production line at
Guangxi Cummins Engine Company Limited (Guangxi Cummins), the 50:50
joint venture between Cummins Inc. (NYSE: CMI) and LiuGong Machinery
(Shenzhen: 000528), marking the official start of operations in Liuzhou,
The 9.3-liter engine is designed and built in China specifically for
|03/06/13||Cummins Named One of World’s Most Ethical Companies by Ethisphere|
| COLUMBUS, Ind.--(BUSINESS WIRE)--Mar. 6, 2013--
Today, Cummins Inc. (NYSE: CMI) has been named to the Ethisphere
Institute’s list of the World’s Most Ethical Companies for a sixth
The Ethisphere Institute recognizes companies that outperform their
industry peers when it comes to ethical behavior. A record number of
companies applied to make the 2013 list.
“We’re pleased to receive this recognition from the Eth... |
|02/20/13||Cummins Revises Previously Announced 2012 Pre-Tax Earnings Results by $20 Million|
-- Reduces fourth quarter and full year earnings per diluted share by
7 cents --
COLUMBUS, Ind.--(BUSINESS WIRE)--Feb. 20, 2013--
Cummins Inc. (NYSE: CMI) announced today that it has revised its
previously announced fourth quarter and full year 2012 operating results
to reflect information learned in February related to certain legal
matters. The revisions were made to reflect a post-period increase to
the Company’s contingent legal re... |
|02/12/13||Cummins Inc. Declares Quarterly Common Stock Dividend|
|COLUMBUS, Ind., Feb 12, 2013 (BUSINESS WIRE) --The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a
quarterly common stock cash dividend of 50 cents per share, payable on
March 1, 2013 to shareholders of record on Feb. 22, 2013.
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, includ... |
|02/08/13||Cummins Inc. Offers Power Generator Tips for Businesses and Individuals as Storm Approaches|
| COLUMBUS, Ind.--(BUSINESS WIRE)--Feb. 8, 2013--
As another damaging storm approaches the Northeastern United States,
Cummins Inc. (NYSE: CMI) is providing tips for businesses and
individuals on using power generators and ensuring that they will run
properly if needed.
“The health and safety of everyone is top of mind as the storm
approaches,” said Amy Davis, President, Cummins Northeast LLC, an
exclusive distributor of Cummins products... |
|02/06/13||Cummins Announces Results for 2012, Revenues of $17.3 Billion and EBIT of 13.7 Percent Excluding Special Items|
Fourth quarter revenues of $4.3 billion, EBIT of 12.9 percent of
sales excluding restructuring costs
Expects 2013 revenue to be flat to down 5 percent and EBIT to be in
the range of 13 to 14 percent of sales
COLUMBUS, Ind.--(BUSINESS WIRE)--Feb. 6, 2013--
Cummins Inc. (NYSE: CMI) today reported results for the fourth quarter
and full year of 2012.
Fourth quarter revenue of $4.3 billion de... |
|01/18/13||Cummins Names Jennifer Rumsey Vice President, Engineering for Heavy, Medium and Light Duty Products|
|COLUMBUS, Ind.--(BUSINESS WIRE)--Jan. 18, 2013-- Today Cummins Inc. (NYSE: CMI) announced that Jennifer Rumsey has been named Vice President - Engineering Heavy, Medium Light Duty Products, effective Feb. 1.
"Jennifer brings a broad base of engineering experience and success to her new role," said Dave Crompton, Vice President and General Manager, Midrange Engine Business, Cummins Inc. "Jennifer has led Heavy Duty Engineering since 2010 and she was instrumental in driving improvements to curre... |
|01/11/13||Cummins Announces Ed Pence and Dave Crompton to Assume New Leadership Roles in the Cummins Engine Business|
| COLUMBUS, Ind.--(BUSINESS WIRE)--Jan. 11, 2013--
Cummins Inc. (NYSE: CMI), today announced the appointment of two long
time Cummins Engine Business leaders to run key business operations
within the Engine Business.
Effective Feb. 1, Ed Pence will lead the Cummins High Horsepower
Business and Dave Crompton will lead the Heavy Duty, MidRange and Light
Duty Worldwide Product Businesses which are being combined into one
single global opera... |
|01/10/13||Cummins Executives Jean Blackwell and Mark Gerstle Announce Retirement; Cummins Veteran Mark Levett to Assume Duties|
| COLUMBUS, Ind.--(BUSINESS WIRE)--Jan. 10, 2013--
Today, after many years of extraordinary service to Cummins Inc. (NYSE:
CMI), both Jean Blackwell and Mark Gerstle are announcing their plans to
retire from the Company on April 1. Effective Feb. 11, Mark Levett will
assume the role of Vice President of Corporate Responsibility and
Community Relations and Chief Executive Officer of the Cummins
“Jean and Mark have had an immea... |
Expiry Date :: May 4, 2007,
Publish Date :: May 4, 2006,
Author :: cb154,
Approver :: cb154