|11/10/15||Cummins discusses plans to drive shareholder value at meeting with investment community|
|Board authorizes new $1 billion share repurchase program
COLUMBUS, Ind., Nov. 10, 2015 (GLOBE NEWSWIRE) -- At a meeting with analysts and shareholders today, members of the senior leadership team of Cummins Inc. (NYSE: CMI), a global power leader, shared their plans to generate profitable growth and strong returns on capital to drive shareholder value. In addition, the Board of Directors of Cummins approved a new $1 billion share repurchase program, effective today, to commence upon the complet... |
|10/27/15||Cummins Announces Actions to Respond to Slowdown in Global Markets and Reports Third Quarter 2015 Results|
|Third quarter revenues of $4.6 billion, EBIT of 12.5 percent of
Full year outlook revised down with revenue expected to be flat to
down 2 percent and EBIT to be in the range of 12.75 to 13.0 percent of
COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 27, 2015--
Cummins Inc. (NYSE: CMI) today announced restructuring and cost
reduction actions to respond to a slowdown in global markets and lowered
its outl... |
|10/13/15||Cummins Inc. Declares Quarterly Common Stock Dividend|
|COLUMBUS, Ind., Oct. 13, 2015 (GLOBE NEWSWIRE) -- 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 December 1, 2015, to shareholders of record on November 20, 2015.
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... |
|10/13/15||CUMMINS CELEBRATES OPENING OF NEW SEYMOUR TECHNICAL CENTER FOR HIGH-HORSEPOWER ENGINES|
|COLUMBUS, Ind., Oct. 13, 2015 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE:CMI) today celebrated the completion of construction of the Seymour Technical Center, a global engineering center office for the High-Horsepower Engine Business in Seymour, Indiana. The center is co-located with the Seymour Engine Plant in close proximity to 22 test cells dedicated to engine research and development work for mining, rail, oil and gas, marine, power generation and industrial applications.
The Seymour Te... |
|10/01/15||Cummins Names Mary Titsworth Chandler, Executive Director, Corporate Responsibility and CEO, Cummins Foundation|
|COLUMBUS, Ind., Oct. 1, 2015 (GLOBE NEWSWIRE) -- Today, Cummins Inc. (NYSE:CMI) announced that Mary Titsworth Chandler has been named Executive Director of Corporate Responsibility and Chief Executive Officer of the Cummins Foundation, effective December 1.
"Corporate Responsibility is one of Cummins core values, and is very important to me personally," said Tom Linebarger, Chairman and CEO, Cummins Inc. "Over the past several years, I have worked closely with Mary on Corporate Respons... |
|09/30/15||Mark Levett Retiring After 42 Years With Cummins|
|COLUMBUS, Ind., Sept. 30, 2015 (GLOBE NEWSWIRE) -- Today Cummins Inc. (NYSE: CMI) announced that Mark Levett, Vice President of Corporate Responsibility and CEO of the Cummins Foundation, will retire Nov. 30 after serving in a variety of key leadership positions during his 42 years with the company.
"It's with tremendous appreciation, and some sadness, too, that we announce today that Mark is retiring," Cummins Chairman and CEO Tom Linebarger and President and Chief Operating Officer Ri... |
|07/30/15||Cummins and Schneider Electric Create Corporate Responsibility Partnership to Improve Global Communities|
|COLUMBUS, Ind., July 30, 2015 (GLOBE NEWSWIRE) -- Representatives from Cummins Inc. (NYSE:CMI) and Schneider Electric signed a joint declaration today to partner on community improvement projects across the globe.
|07/28/15||Cummins Announces Second Quarter 2015 Results|
|Second quarter revenues of $5.0 billion, EBIT of 14.4 percent of
Full year revenue expected to grow between 2 and 4 percent and EBIT
to be in the range of 13.5 to 14.0 percent of sales
COLUMBUS, Ind.--(BUSINESS WIRE)--Jul. 28, 2015--
Cummins Inc. (NYSE: CMI) today reported results for the second quarter
of 2015. Second quarter revenue of $5.0 billion increased 4 percent from
the same quarter in 2014. The inc... |
|07/22/15||Cummins Launches Global Logistics Hub in Singapore|
(July 22, 2015) - Cummins Inc. (NYSE: CMI) opened its Global Logistics Hub in
Singapore yesterday, one of the company's eight master distribution centers for
parts and filters globally. The Singapore Global Logistics Hub boasts a total
investment of $5.4 million USD and is part of Cummins efforts to enhance its
aftermarket product delivery globally. The Singapore Global Logistics Hub will
serve markets including the United States, Europe, China, India as well as
customers across... |
|07/14/15||Cummins Inc. Increases Quarterly Common Stock Dividend|
|COLUMBUS, Ind., July 14, 2015 (GLOBE NEWSWIRE) -- 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 97.5 cents per share from 78 cents per share. The dividend is payable on September 1, 2015, to shareholders of record on August 21, 2015.
|06/30/15||John Wall to Retire as Chief Technical Officer After Nearly 30 Years with Cummins; Jennifer Rumsey to Succeed Him|
|COLUMBUS, Ind., June 30, 2015 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE: CMI) today announced that Dr. John Wall, Vice President – Chief Technical Officer, will be retiring after nearly 30 years with the Company. Wall has been at the center of many pivotal moments and initiatives in Cummins' history over the past quarter century.
Jennifer Rumsey, Vice President of Engineering for Cummins' Engine Business, will take Wall's place. She is the first woman to serve as the Company's top technical lea... |
|06/19/15||Cummins Supports National Rulemaking to Improve Fuel Efficiency and Reduce Greenhouse Gas Emissions for Medium- and Heavy-Duty Commercial Vehicles|
|COLUMBUS, IND., June 19, 2015 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE: CMI) today expressed support for the U.S. Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration's (NHTSA) second phase of national fuel efficiency and greenhouse gas (GHG) emission regulations for medium- and heavy-duty commercial vehicles. The agencies released a joint proposal to set new standards well into the next decade for engines, on-highway tractors, vocational vehicles, trailers and ... |
|05/18/15||Cummins Releases 2014-15 Sustainability Progress Report|
|COLUMBUS, Ind., May 18, 2015 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE:CMI) has released its 2014-2015 Sustainability Progress Report and Executive Summary.
The more than 130-page report and the 32-page summary include stories, photos and statistics about the Company's sustainability efforts over the past 12 months. Both the report and summary can be found at Cummins' Sustainability website, http://www.cummins.com/sustainability.
This year's theme is "The Power of Cummins." The Company take... |
|05/13/15||Cummins And Buhler Industries Announce Extension Of Long-Term Supply Agreement|
Supplier For Versatile® Products
Ind. (May 13, 2015) – Cummins
Inc. (NYSE: CMI) and Buhler Industries Inc. (TSX: BUI) announced they have
extended their global long-term engine supply agreement for U.S. Environmental
Protection Agency (EPA) Tier 3, Tier 4 Interim and Tier 4 Final engines. As a
part of the long-term supply agreement, Cummins is the engine supplier to
Versatile agriculture equipment for Tier 3 QSL... |
|05/12/15||Cummins Inc. Declares Quarterly Common Stock Dividend|
|COLUMBUS, Ind., May 12, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 78 cents per share, payable on June 1, 2015, to shareholders of record on May 21, 2015.
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, controls, air han... |
|05/08/15||Cummins Announces New Environmental Sustainability Goals|
|COLUMBUS, Ind., May 8, 2015 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE:CMI) today announced two new environmental sustainability goals, for its products in-use and the logistics of the Company's managed freight.
These new goals are part of a broader effort for Cummins to reduce its environmental footprint. Last year, Cummins announced its first comprehensive Global Environmental Sustainability Plan including goals for water, waste and energy use in Cummins facilities and operations.
|05/04/15||Cummins Announces Production Of PowerCommand® 3300 Controller For Oil And Gas Drilling Applications|
|Automated Engine Load Management
Offers Greater Efficiency
|05/04/15||Cummins QSK Series Drilling Engines To Meet Tier 4 Final Using Integrated SCR Aftertreatment|
|HOUSTON (May 4, 2015) –
Cummins Inc. (NYSE: CMI) announced
today that the QSK Series engines for land-based drilling will meet the 2018
U.S. Environmental Protection Agency (EPA) Tier 4 Final regulation using next-generation
Selective Catalytic Reduction (SCR) aftertreatment. The Cummins Tier 4 Final
drilling solution will meet or exceed the same uptime, reliability and
durability that customers are currently experiencing with Tier 2 product.
focusing on oxides of nitrogen (NOx... |
|05/04/15||Cummins Powers First Tier 4 Final Complete Fracturing Spread At Pennsylvania Airport Project|
|Halliburton Fracturing Spread Exceeds Uptime
|04/28/15||Cummins Announces First Quarter 2015 Results|
|First quarter revenues of $4.7 billion, EBIT of 11.9 percent of sales; Full year revenue expected to grow between 2 and 4 percent and EBIT to be in the range of 13.5 to 14.0 percent of sales
Columbus, IND., April 28, 2015 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE: CMI) today reported results for the first
quarter of 2015.
First quarter revenue of $4.7 billion increased 7 percent from
the same quarter in 2014. The increase year-over-year was driven by
stronger demand in on-highway markets and d... |
|04/21/15||Tier 4 Low-Emissions Engine Teardown Confirms Equal Durability With Tier 3 Version|
|Up to 20,000 Hour Life-To-Overhaul Achievable Following In-Depth Inspection
PARIS (April 21, 2015) – Cummins (NYSE: CMI) today announced the results of a Tier 4 engine teardown inspection undertaken to assess the in-service durability and achievable life-to-overhaul compared with the Tier 3 version of the engine. The disassembly and in-depth examination of a QSL9 Tier 4 low emissions engine at close to 10,000 operating hours revealed major components, fuel system, turbocharger and the block to ... |
|04/20/15||Cummins Unveils Next Generation Component Technology To The Construction Market|
|Cummins will today reveal a selection of next generation
innovations at INTERMAT® 2015, showcasing the full spectrum of its
expertise in component technologies for the commercial diesel engine. These
component innovations, which are capable of improving the fuel efficiency of
modern diesel engines by at least 10 percent while also improving emissions
reductions performance, will be unveiled to the construction market for the
Cummins Turbo Technologies, a global engineering l... |
|04/20/15||Cummins Brings Tier 4 ‘Technology That Transforms’ to INTERMAT|
|Low-Emissions Engines Drive Equipment Productivity, Fuel Efficiency And Reliability
PARIS (April 20, 2015) – The opening day of INTERMAT highlighted a strong presence of Cummins (NYSE: CMI) engines in equipment meeting low emissions requirements in the the 75 to 751 hp (56-560 kW) low-emissions power category. Cummins power was featured in a wide variety of machines, from site dumpers to excavators, cranes to compressors, forklifts to compactors, and wheel loaders to road milling machines.
|04/16/15||Cummins Urges Congress to Approve TPA|
|COLUMBUS, Ind., April 16, 2015 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE:CMI) commends the introduction of bi-partisan trade legislation by Senators Orrin Hatch (R-UT), Ron Wyden (D-OR) and Congressman Paul Ryan (R-WI) to update and renew Trade Promotion Authority (TPA) and urges Congress to approve it.
"The United States is pursuing one of the most important trade agendas in many years and we urge Congress and the President to work together to enact TPA legislation as soon as possible," s... |
|04/15/15||Cummins Care™ Europe Introduced at Intermat|
|Enhanced Customer Support Ready To Provide Rapid Technical Advice And Information
DARLINGTON, U.K. (April 15, 2015) – Cummins Inc. (NYSE: CMI) will announce at the INTERMAT show the introduction of Cummins Care™ Europe as a technical advice and information service for operators of Cummins-powered construction, material handling and industrial equipment. Customer calls and e-mails route to a Europe-wide central hub at the Cummins Daventry plant in the U.K., with a backup connection to the Cummin... |
|04/02/15||Cummins Inc.: Senate Bill 50 is Important First Step|
|Company Will Advocate for Statewide Non-Discrimination Statute
INDIANAPOLIS, April 2, 2015 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE:CMI) Chairman and CEO Tom Linebarger issued the following statement following the passage of Senate Bill 50 by the Indiana General Assembly:
"Cummins believes that Senate Bill 50 addresses key concerns with Indiana's Religious Freedom Restoration Act (RFRA). It's an important first step.
SB50 makes it clear that RFRA does not allow individuals or ... |
|03/18/15||Cummins Emission Solutions Introduces the Revolutionary EcoFit(TM) Single Module|
|This Innovative, Customer-Focused Design Delivers Efficiency and System Integration Improvements to Provide the Market With the Optimal Aftertreatment Solution
COLUMBUS, IN -- (Marketwired) -- 03/18/15 -- Cummins Emission Solutions, a subsidiary of Cummins Inc. (NYSE: CMI) and a technology leader in the global exhaust aftertreatment market, is introducing the first of its next generation of ultra-high efficiency aftertreatment systems, the EcoFit Single Module.
The EcoFit Single Module is desi... |
|03/12/15||Amy Boerger Named Vice President – North American Engine Business|
– Cummins Inc. (NYSE: CMI) announced that Amy Boerger has been appointed Vice
President – North American Engine Business, effective April 1.
brings more than thirty years of experience in sales and service, OEM account
management, as well as leadership roles in Cummins Emissions Solutions and the Cummins
Engine Business Unit. Most recently, she has been serving as Executive Director
– North American Engine Business. In this position, Boerger was an i... |
|03/12/15||Jim Fier Named Vice President – Engineering, Heavy-Duty, Mid-Range and Light-Duty (HMLD) Engine Business|
Indiana – Cummins Inc. (NYSE: CMI) announced that Jim Fier has been named Vice
President – Engineering, Heavy-Duty, Mid-Range and Light-Duty (HMLD) Engine
Business, effective April 1.
“Jim is an
accomplished engineering leader with one of the broadest experience bases in
the engineering organization,” said Srikanth Padmanabhan, Vice President, HMLD
Business, Cummins Inc. “His exceptional experience and commitment to Cummins
will continue to serve him well as he hel... |
|03/10/15||Cummins Named One of World's Most Ethical Companies by Ethisphere|
|COLUMBUS, IN -- (Marketwired) -- 03/10/15 -- This week, Cummins Inc. (NYSE: CMI) was named to the Ethisphere Institute's list of the World's Most Ethical Companies for an eighth consecutive year.
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 2015 list.
"We're pleased to receive this recognition from the Ethisphere Institute," said Mark Sifferlen, Vice President, Ethics and C... |
|03/10/15||Tim Millwood Named Vice President – Purchasing|
Indiana – Cummins Inc. (NYSE: CMI) announced that The selection and management
of our supply base in purchasing is critical to achieving supply chain
excellence to accelerate Cummins’ growth and profitability. With a complex purchasing organization spread
across the globe, developing and implementing strategies for sourcing materials
and services from suppliers while managing their performance is a complicated
scenario. I am pleased to announce that
Tim Millwood, who... |
|03/04/15||Cummins Announces Two New Nominees for its Board of Directors|
|COLUMBUS, IN -- (Marketwired) -- 03/04/15 -- Cummins Inc. (NYSE: CMI) announced today two new independent nominees for its Board of Directors -- Thomas J. Lynch, Chairman and Chief Executive Officer, TE Connectivity, and Bruno Di Leo, Senior Vice President, Sales & Distribution, IBM Corporation. The two nominees will stand for election at Cummins' 2015 Annual Meeting of Shareholders on May 12, along with Cummins' returning eight Board members.
Cummins' Chairman and CEO Tom Linebarger expre... |
|02/16/15||Cummins Connects with Customers Through Diagnostic Application|
|Cummins Shares Additional Details On Connected Diagnostics Solution
Tenn. (Feb. 16, 2015) – Cummins Inc. (NYSE: CMI) today announced details
surrounding Connected Diagnostics, the first application within the Connected
Solutions suite that has been designed to work seamlessly with leading
telematics providers. Cummins Connected Solutions is an innovative group of
products that utilize the connection of a Cummins electronic engine to a
vehicle’s on-board telematics system.
|02/08/15||Cummins Inc. Declares Quarterly Common Stock Dividend|
|COLUMBUS, IN -- (Marketwired) -- 02/08/15 -- The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 78 cents per share, payable on March 2, 2015 to shareholders of record on February 18, 2015.
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, cont... |
|02/05/15||Cummins Announces Results for 2014; Reports Record Revenues; Shares Expectations for Revenue and EBIT Growth in 2015|
|Fourth Quarter Revenues of $5.1 Billion and EBIT of 13 Percent of Sales Excluding One-Time Items; Full Year 2014 Revenues Increased 11 Percent and EBIT Increased 16 Percent; The Company Expects Revenue Growth of Between 2 and 4 Percent and EBIT to Be in the Range of 13.5 to 14 Percent of Sales in 2015, up From 13 Percent in 2014; Cummins Plans to Return 50 Percent of Operating Cash Flow to Shareholders in 2015
COLUMBUS, IN -- (Marketwired) -- 02/05/15 -- Cummins Inc. (NYSE: CMI) today reported ... |
|01/27/15||Cummins Inc. and Chongqing Machinery and Electric Co. Break Ground on New Plant in China|
|Chongqing, China (Jan. 27, 2015) - Chongqing Cummins Engine Company (CCEC), a 50:50 joint venture between Cummins and Chongqing Machinery and Electric Co., Ltd. (CQME), broke ground for its new plant in Northern New District of Chongqing on Jan. 27, 2015. Covering approximately 66 acres, CCEC’s new facility will include a tech center dedicated to High Horsepower (HHP) engine engineering and a new engine manufacturing plant. Construction on the tech center is expected to finish in 2016, and the p... |
|01/22/15||“Cummins Napier Railton” Race Car Heads To Intermat|
|Unique Replica Of Famous Racer Powered By The Same 6.7-Liter Diesel
Widely Used In Construction Equipment
COLUMBUS, Ind. (Jan. 22, 2015) – Cummins Inc. (NYSE: CMI) will take a unique diesel- powered race car replica to the INTERMAT show (Paris, 20-25 April) with the “Cummins Napier Railton” proudly displayed in the booth alongside the line-up of latest engine technology. The Cummins Napier Railton is a dimensionally accurate replica of the famous Napier Railton race car which created a sens... |
|01/22/15||Cummins To Extend Qsf Engine Line-Up At Intermat With Rental Equipment-Focused Configurations|
|Simplified Installation Packages With “Fit And Forget” DOC Aftertreatment
For 49 HP-To-74 HP Compact Applications
COLUMBUS, Ind. (Jan. 22, 2015) – Cummins Inc. (NYSE: CMI) will extend the QSF engine line-up at INTERMAT (Paris, 20-25 April) with new configurations focused on simplified installation packages intended for rental equipment applications across the 49 hp-to-74 hp (37-55 kW) power range meeting EU and EPA low-emissions regulations. New QSF2.8
ratings will be introduce... |
|01/21/15||Cummins Announces Leadership Changes|
|Tony Satterthwaite to Lead Distribution; Antonio Leitao to Lead Power Generation
COLUMBUS, IN -- (Marketwired) -- 01/21/15 -- Cummins Inc. (NYSE: CMI) today announced that Tony Satterthwaite, Vice President, President - Cummins Power Generation, will become President of the Company's Distribution Business Unit, succeeding Vice President and President Pamela Carter who is retiring. Antonio Leitao, Vice President - Power Products for Cummins Power Generation, will succeed Tony Satterthwaite as th... |
|01/19/15||Cummins Announces Pamela Carter Retiring After Pioneering Career|
|COLUMBUS, IN -- (Marketwired) -- 01/19/15 -- Cummins Inc. (NYSE: CMI) today announced that Distribution Business President Pamela Carter, the first woman to lead one of the Company's four main business units, is retiring effective April 1.
Carter, who became Indiana's first African American woman Attorney General in 1993, has been with Cummins since 1997. She initially served as the Company's Vice President - General Counsel and Corporate Secretary. Carter then held several key positions within... |