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2007 News Releases | |
2007 News Releases
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Cummins Inc. at Wells Fargo Industrial and Construction Conference (Replay)
05/08/13 at 3:50 p.m. ET |
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| Date | Title | | | 12/18/07 | Cummins Components Group President Rick Mills Announces Retirement Effective March 31, 2008|
-- Distribution Business President Rich Freeland to Succeed Mills;
Cummins Filtration President Pamela Carter to Lead Distribution
Business --
COLUMBUS, Ind.--(BUSINESS WIRE)--Dec. 18, 2007--Rick Mills,
President of the Components Group, will retire effective at the end of
March 2008 after more than 36 years with Cummins Inc. (NYSE: CMI), the
Company announced today.
Rich Freeland, President of the Distribution Business, will assume
Mills... |
|  | | 12/17/07 | Cummins Recommends Rejection of Below Market Mini-Tender Offer from TRC Capital Corp.| COLUMBUS, Ind.--(BUSINESS WIRE)--Dec. 17, 2007--Cummins Inc.
(NYSE:CMI) has been notified of an unsolicited mini-tender offer by
TRC Capital Corp. of Toronto for TRC to purchase up to 1,000,000 (one
million) shares of Cummins' stock at a price of $115.00 per share in
cash.
This represents a 2.7 percent discount below Cummins' closing
price on December 11, the day prior to the date of the offer, and a 6
percent discount below Cummins' closing price on Friday, December 14.
Cummins ... |
| | | 12/13/07 | Cummins Inc. Named ''Newsmaker Of The Year'' by Diesel Progress| COLUMBUS, Ind.--(BUSINESS WIRE)--Dec. 13, 2007--Cummins Inc.
(NYSE:CMI) announced today that it has been named the 2007 Newsmaker
of the Year by Diesel Progress magazine, honoring the company's
continued commitment to communicating advancements in diesel engine
and emissions technology. The award is featured in the December issue
of Diesel Progress.
The Diesel Progress Newsmaker of the Year award, now in its
eleventh year, honors the company, person, product, technology, market
o... |
| | | 12/11/07 | Cummins Announces Second Stock Split in 2007; Begins Third Share Repurchase Initiative| COLUMBUS, Ind.--(BUSINESS WIRE)--Dec. 11, 2007--The Cummins Board
of Directors today declared a two-for-one split of Cummins Inc.
(NYSE:CMI) common stock, payable Jan. 2 to shareholders of record as
of Dec. 21, 2007. This is the Company's second stock split in 2007,
following a two-for-one split in April.
As a result of the stock split, each Cummins' shareholder will
receive one additional share of stock for each share owned on the
record date. Since there will be twice as many sh... |
| | | 12/11/07 | Cummins CIO Gail Farnsley Named to Computerworld's 2008 ''Premier 100 IT Leaders'' List| COLUMBUS, Ind.--(BUSINESS WIRE)--Dec. 11, 2007--Computerworld, a
leading news and information provider for the IT industry, announced
today that it has selected Gail Farnsley, Vice President and CIO for
Cummins Inc. (NYSE:CMI), as one of its 2008 Premier 100 IT Leaders.
Computerworld's Premier 100 IT Leaders Awards Program honors
executives who show exemplary technology leadership in resolving
pressing business problems. Honorees demonstrate the ability to foster
creativity and ch... |
| | | 11/29/07 | Andrew Penca to Join Cummins as Assistant to the President| COLUMBUS, Ind.--(BUSINESS WIRE)--Nov. 29, 2007--Andrew Penca,
Commissioner of Indiana Workforce Development, will join Cummins
(NYSE:CMI) Dec. 3 as Assistant to President Joe Loughrey, the Company
announced today. Penca's duties will be split between Cummins project
work and supporting Loughrey's efforts as Chairman of Conexus Indiana,
a statewide advanced manufacturing and logistics initiative. Conexus'
primary goal is to attract and educate young people in the state as
they pursue c... |
| | | 11/20/07 | Cummins Receives Bus Engine Orders from China Transit Agencies| BEIJING--(BUSINESS WIRE)--Nov. 20, 2007--Cummins (NYSE:CMI)
recently received an order of 1,000 Euro IV diesel engines from
Beijing Public Transport Holdings Ltd. (BPT), and 900 Euro III diesel
engines from Hangzhou Public Transport Corporation (HZPT). Hangzhou is
the capital of Zhejiang Province in eastern China.
BPT's most recent order comes in addition to its purchase of 1,400
Cummins Euro IV diesels and 250 Cummins Westport (a joint venture of
Cummins and Westport Innovations)... |
| | | 11/16/07 | Cummins Announces Integrated Technology Path to Meet Tier 4| Cummins Particulate Filter And Cooled EGR For 2011 Interim
Solution
COLUMBUS, Ind.--(BUSINESS WIRE)--Nov. 16, 2007--Cummins Inc.
(NYSE:CMI) announced today its technology path to meet stringent U.S.
EPA Tier 4 Interim and European Stage IIIB mobile off-highway
emissions standards across the 174-hp to 751-hp (130-560 kW)
powerband, which takes effect in 2011.
Core technology will be Cummins Particulate Filter and cooled
Exhaust Gas Recirculation (EG... |
| | | 11/09/07 | Cummins and Westport Innovations Win Award for U.S.-Canada Collaboration| COLUMBUS, Ind.--(BUSINESS WIRE)--Nov. 9, 2007--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... |
| | | 10/25/07 | Cummins Reports Strong Third Quarter Revenues and Earnings; Reaffirms Guidance for Record Profit in 2007| COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 25, 2007--Cummins Inc.
(NYSE:CMI) today reported record revenues and higher earnings for the
third quarter, led by quarterly-best sales in three of its four
business segments. Given the Company's performance through the first
nine months of 2007 and the outlook for the fourth quarter, Cummins
remains on pace to meet its earnings guidance of $7.15-$7.65 a share,
which would make 2007 the most profitable year in company history.
Sales grew 20 pe... |
| | | 10/16/07 | Cummins Takes Highest Award in Segment in J.D. Power and Associates Heavy-Duty Truck Engine/Transmission Customer Satisfaction Study| COLUMBUS, Ind., Oct. 16 /PRNewswire-FirstCall/ -- Cummins Inc. (NYSE: CMI)
announced that it has earned a prestigious award for customer satisfaction in
the J.D. Power and Associates 2007 Heavy-Duty Truck Engine/Transmission
Customer Satisfaction Study(SM). Cummins received the award for highest
customer satisfaction with heavy-duty diesel engines in the "vocational"
segment. The Cummins ISX and ISM make up almost all of the Cummins engine
models in this segment.
Cummins led th... |
| | | 10/11/07 | Cummins to Sell Universal Silencer to Management-Led Investor Group| NASHVILLE, Tenn.--(BUSINESS WIRE)--Oct. 11, 2007--Cummins Inc.
(NYSE:CMI) today announced that it has reached an agreement to sell
Universal Silencer Inc. (USI) to the Stirling Group, led by current
USI general manager Randy Eppli. The newly formed Stirling Group
includes other key members of Universal Silencer's management team.
Universal Silencer, currently part of the Cummins Filtration
business, provides unique solutions in industrial noise control. The
business is headquarter... |
| | | 10/09/07 | Cummins Inc. Declares Quarterly Common Stock Dividend| COLUMBUS, Ind., Oct 09, 2007 (BUSINESS WIRE) -- The Board of Directors of Cummins Inc. (NYSE:CMI) today declared a
quarterly common stock cash dividend of 25 cents per share, payable
Nov. 30, 2007 to shareholders of record on Nov. 16, 2007. The dividend
reflects a 39 percent increase from the same period in 2006, as a
result of the Company's decision in July 2007 to raise the dividend to
its current level.
About Cummins
Cummins Inc., a global power leader, is a corporation of
complemen... |
| | | 09/28/07 | Cummins Signs Memorandum of Understanding to Form Diesel Engine Joint Venture in Vietnam| NEW YORK--(BUSINESS WIRE)--Sept. 28, 2007--Cummins Inc. (NYSE:CMI)
today announced that it has signed a Memorandum of Understanding with
Vietnam Motors Industry Corp. (Vinamotor) to create a 50-50 joint
venture to produce on-highway diesel engines in Vietnam.
The Memorandum of Understanding (MOU) was reached Sept. 21 in
Hanoi by Cummins Chairman and CEO Tim Solso and Nguyen Van Khoa,
Chairman of Vinamotor.
The agreement was commemorated today at a signing ceremony in New
York... |
| | | 09/24/07 | Cummins Announces Right Technology for 2010| No NOx Aftertreatment On Heavy-Duty Engines; MidRange Engines Use Proven SCR Technology
NASHVILLE, Tenn.--(BUSINESS WIRE)--Sept. 24, 2007--Cummins Inc.
(NYSE:CMI) today announced its technology approach for on-highway
engines to meet the more stringent 2010 EPA emissions standards. The
company will use an evolution of its proven 2007 solutions to maintain
power and torque with comparable fuel economy and maintenance
intervals the same as today. Cummins will offer a complete lineup ... |
| | | 09/20/07 | Cummins Announces Leadership Changes at Cummins MerCruiser Diesel| CMD President Scott Patrohay to Lead Newly Merged Cummins Distributor Joint Venture
COLUMBUS, Ind.--(BUSINESS WIRE)--Sept. 20, 2007--Cummins Inc.
(NYSE:CMI) today announced that Scott Patrohay, President and CEO -
Cummins MerCruiser Diesel (CMD), has been selected as Distributor
Principal, effective January 2008, of a new Cummins distributor joint
venture that will serve much of the northeastern United States.
Cummins Power Systems LLC, will combine the territories of the
curr... |
| | | 09/18/07 | Cummins Shares Growth Message with Investment Community; Reaffirms 2007 Profit Guidance| LAKEWOOD, N.Y.--(BUSINESS WIRE)--Sept. 18, 2007--Cummins Inc.
(NYSE:CMI) will share its message for creating sustainable earnings
growth with members of the investment community today at a conference
at the Company's Jamestown Engine Plant.
Members of the Cummins leadership team, including Chairman and CEO
Tim Solso; President and Chief Operating Officer Joe Loughrey; Chief
Financial Officer Jean Blackwell and each of the Company's operating
unit presidents will make presentations... |
| | | 09/12/07 | Cummins Recognized as Sustainability Leader on Global, Regional Levels| COLUMBUS, Ind.--(BUSINESS WIRE)--Sept. 12, 2007--The Dow Jones
Sustainability Index has named Cummins Inc. (NYSE:CMI) to its World
index for the third year in row, recognizing the Company's continued
commitment to economic, environmental and social leadership. This
index represents the top 10 percent of the world's largest 2,500
companies in these corporate sustainability metrics.
In addition to the World Index, Cummins was also named to the
North American index, which represents ... |
| | | 08/17/07 | Standard & Poor's Raises Outlook for Cummins to Positive| COLUMBUS, Ind.--(BUSINESS WIRE)--Aug. 17, 2007--Cummins Inc.
(NYSE: CMI) today announced that Standard & Poor's (S&P), a leading
ratings agency, has raised its outlook for Cummins to positive, from
neutral. The agency affirmed its investment grade debt rating of BBB-,
leaving open the possibility for an upgrade in the "near to
intermediate" future.
In raising its outlook for the Company, S&P cited Cummins'
"prospects for continued good operating performance" and its "improved
fin... |
| | | 08/09/07 | Xi'an Cummins Engine Company Starts Production of Cummins ISM 11-Liter Engine| XI'AN, China--(BUSINESS WIRE)--Aug. 9, 2007--Xi'an Cummins Engine
Company Limited (XCEC), a 50/50 joint venture between Cummins Inc.
(NYSE:CMI) and China's Shaanxi Automobile Group Company Limited
(Shaanqi Group) today officially began production of the Cummins ISM
11-liter heavy-duty engine.
The ISM is one of the flagship engines of Cummins' heavy-duty
product line. In addition to proven fuel economy and dependability,
the ISM meets the toughest emission standards worldwide, incl... |
| | | 07/26/07 | Cummins Continues Record Performance in Second Quarter; Increases Full-Year Earnings Guidance| COLUMBUS, IND.--(BUSINESS WIRE)--July 26, 2007--Broad gains across
most of the Company's product and geographical markets led Cummins
Inc. (NYSE:CMI) to record revenues and strong earnings in the second
quarter.
The Company today reported second-quarter revenues of $3.34
billion, up 18 percent from $2.84 billion in the second quarter of
2006 and 10 percent higher than the previous quarterly record set in
the fourth quarter of last year.
Net income of $214 million, or $2.13 pe... |
| | | 07/19/07 | Cummins Filtration Announces Industrial Pro(TM) is Standard on Cummins 2007 High Horsepower Engines| NASHVILLE, Tenn.--(BUSINESS WIRE)--July 19, 2007--Cummins
Filtration (NYSE:CMI), the leader in filtration, exhaust, coolant and
chemical technology for diesel and gas-powered engines, announced that
its Fleetguard FH234 Series Industrial Pro(TM) diesel fuel filtration
system will be standard on all Cummins 2007 high horsepower engines.
The Industrial Pro(TM) is designed to meet the needs of a variety of
heavy duty applications, including oil and gas, power generation,
construction and... |
| | | 07/10/07 | Cummins Further Increases Shareholder Value by Raising Its Dividend by 39 Percent| COLUMBUS, Ind.--(BUSINESS WIRE)--July 10, 2007--The Cummins Inc.
(NYSE:CMI) Board of Directors today increased the Company's quarterly
cash dividend on common stock by 39 percent to 25 cents per share, up
from 18 cents per share. The dividend is payable on August 31 to
shareholders of record on August 17.
"After three consecutive years of record financial results, the
Company continues to perform extremely well," said Tim Solso, Cummins
Chairman and Chief Executive Officer. "Today... |
| | | 06/18/07 | Cummins Filtration President Pamela Carter Named to Spectra Energy Board of Directors| NASHVILLE--(BUSINESS WIRE)--June 18, 2007--Cummins Filtration
President Pamela L. Carter has been elected to the board of directors
of Spectra Energy Corp., a Houston-based natural gas company.
Carter joined Cummins in 1997 and is an established business
leader with a diverse background including law, government,
international business and general management experience.
"Pamela's wide range of experience and skills will make her an
asset to Spectra Energy," said Cummins Chairm... |
| | | 06/18/07 | Cummins Inc. Selected as One of The "100 Best Places to Work in IT'' by IDG's Computerworld magazine| COLUMBUS, Ind.--(BUSINESS WIRE)--June 18, 2007--Cummins Inc.
(NYSE:CMI) today was named as one of the "100 Best Places to Work in
IT" by IDG Computerworld. This is the first time Cummins has made the
Best Places to Work list, and the Company finished No. 43 overall and
No. 20 on the list of best large companies.
For the past 14 years, Computerworld magazine has compiled an
annual ranking of the 100 best work environments for IT professionals.
The Best Places to Work feature will a... |
| | | 06/15/07 | Cummins Secures Large Engine Order From Beijing Public Transport| COLUMBUS, Ind.--(BUSINESS WIRE)--June 15, 2007--Cummins Inc.
(NYSE:CMI) announced today that Beijing Public Transport Holdings Ltd.
(BPT) has ordered 1,400 Cummins Euro IV diesel engines and 250 Cummins
Westport Euro III compressed natural gas engines to power transit
buses in China's capital city.
With this order, Cummins and Cummins Westport, a joint venture of
Cummins and Westport Innovations, will power more than 13,000 of BPT's
24,000-bus fleet.
"This is the largest orde... |
| | | 06/08/07 | Cummins Breaks Ground on Fuel System Plant in China, Production Expected in Early 2008| WUHAN, China--(BUSINESS WIRE)--June 8, 2007--Cummins (NYSE:CMI)
broke ground today on its first fuel systems plant outside North
America. Cummins Fuel Systems - Wuhan will be the Company's 13th
production facility in China and is expected to begin production early
next year.
Wuhan also is home to a regional Cummins service center and a
technical center joint venture owned by Cummins and Dongfeng Motor
Company. Cummins plans to invest approximately $10 million in the
plant, which ... |
| | | 05/25/07 | Dongfeng Cummins Celebrates Its One Millionth Engine; Prototype of New 13-Liter Engine Showcased| XIANGFAN, Hubei, China--(BUSINESS WIRE)--May 25, 2007--Dongfeng
Cummins Engine Company Limited (DCEC), a 50-50 joint venture between
Cummins Inc. and China's leading auto maker, Dongfeng Motor
Corporation (DFM), has reached a significant milestone by producing
its one millionth engine.
The engine, a Cummins ISLe to be installed in a Dongfeng
heavy-duty Tianlong truck, highlights the companies' engine
partnership in China that dates back to 1986.
"Today's celebration is not on... |
| | | 05/18/07 | Cummins Names Julius P. Perr Innovation Award Winners| COLUMBUS, Ind.--(BUSINESS WIRE)--May 18, 2007--Cummins Inc.
(NYSE:CMI) today announced the recipients of the annual Dr. Julius P.
Perr Innovation Award, given to Cummins employees past or present
whose patented inventions have significantly improved the Company, the
industry or the environment.
Winners Christopher Holm of Stoughton, Wis., and a team from
Huddersfield, United Kingdom - Peter S. McKean, David M. Moulson, John
F. Parker, Stephen E. Garrett and Michael Cummings - each... |
| | | 05/08/07 | Cummins CEO Tim Solso Tells Shareholders Company is Poised for Significant Growth| - Directors and External Auditor Also Selected at Annual Meeting -COLUMBUS, Ind., May 08, 2007 (BUSINESS WIRE) -- Cummins Inc. (NYSE:CMI) is poised to build off its record 2006
with strong financial performance again in 2007 and beyond, Chairman
and Chief Executive Officer Tim Solso told shareholders this morning
at the Company's annual meeting.
The Company also announced that its shareholders had re-elected
all nine Cummins directors for another year and ratified the selection
of PriceWat... |
| | | 05/08/07 | Cummins Inc. Declares Quarterly Common Stock Dividend| COLUMBUS, Ind.--(BUSINESS WIRE)--May 8, 2007--The Board of
Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common
stock cash dividend of 18 cents per share, payable June 1, 2007 to
shareholders of record on May 18, 2007. The dividend has been adjusted
to reflect the Company's 2-for-1 stock split that took effect April 9,
2007.
About Cummins
Cummins Inc., a global power leader, is a corporation of
complementary business units that design, manufacture, distribut... |
| | | 05/04/07 | Cummins Filtration to Exit Business in Waynesboro, Ga.| - Georgia Manufacturing Facility to Close in June -
NASHVILLE, Tenn.--(BUSINESS WIRE)--May 4, 2007--Cummins
Filtration, a division of Cummins Inc. (NYSE:CMI), announced today
that it plans to exit the manufacturing facility in Waynesboro, Ga.,
by June.
The Waynesboro facility employs approximately 250 full-time
permanent employees and 80 temporary workers. All workers will be
offered retention bonuses as an incentive to stay until production is
completed. Permanent employees ... |
| | | 04/27/07 | Global Customer Demand, Improved Cost Structure Drive Cummins' Strong First-Quarter Performance| Power Generation and Distribution Results More Than Offset Impact
of Emissions Regulation Changes; Company Increases 2007 Profit
Guidance
COLUMBUS, Ind.--(BUSINESS WIRE)--April 27, 2007--Cummins Inc.
(NYSE:CMI) today announced strong first quarter earnings, led by
significant sales growth in almost every market. The first-quarter
performance demonstrated the benefits of the Company's ongoing effort
to lower its cost structure and to diversify its business beyond the
North America... |
| | | 04/18/07 | Cummins Announces Support For EPA SmartWay| COLUMBUS, Ind.--(BUSINESS WIRE)--April 18, 2007--Cummins Inc.
(NYSE:CMI) today announced that its 2007 clean and fuel-efficient
on-highway engines are available in Class 8 tractors, which meet
requirements for the U.S. Environmental Protection Agency's
SmartWay-designated highway tractors, part of the U.S. EPA SmartWay
Transport Partnership (www.epa.gov/smartway). Cummins ComfortGuard(TM)
auxiliary power unit also assists carriers in meeting SmartWay
membership requirements and can be... |
| | | 04/18/07 | Cummins Displays Clean Diesels at Diesel Technology Forum Event| Strongest, Cleanest, Quietest Heavy-Duty Pickup Truck Highlights Show
COLUMBUS, Ind.--(BUSINESS WIRE)--April 18, 2007--Cummins Inc.
(NYSE:CMI) today announced that it is displaying clean-diesel
technology at the Diesel Technology Forum's Clean Diesel Technology
Tour being held in Sacramento, Calif., on April 18 and 19, 2007.
The Cummins display showcases Cummins Emission Solutions retrofit
products, including a truck retrofit with Longview technology to
reduce particulate matt... |
| | | 04/04/07 | Cummins Named a Top Company for Diversity| Also Ranked Number One for Asian-American Employees By DiversityInc.
COLUMBUS, Ind.--(BUSINESS WIRE)--April 4, 2007--Cummins Inc.
(NYSE:CMI) has been named to the list of the Top 50 companies for
diversity by DiversityInc. magazine, a publication that educates
businesses about the benefits of promoting diversity in the work
place.
This marks the first time that Cummins has been named to
DiversityInc.'s Top 50 list, now in its seventh year. This year
... |
| | | 04/02/07 | Fleetguard User-Friendly Filter Earns Five Prestigious Industry Recognitions| NASHVILLE, Tenn., Apr 02, 2007 (BUSINESS WIRE) -- Cummins Filtration, the leader in filtration, exhaust, coolant and
chemical technology for engine-powered systems, received five recent
honors for the innovative Fleetguard(R) user-friendly filter. The
spin-on fuel and lube filters use no paint, steel or adhesives and are
designed to reduce service time and maintenance costs while protecting
the environment from harmful chemicals and disposal issues. The awards
are from the Truck Writers of... |
| | | 03/21/07 | Cummins Announces Approval of B20 Biodiesel Blends| LOUISVILLE, Ky.--(BUSINESS WIRE)--March 21, 2007--Cummins Inc.
(NYSE:CMI) today announced the approval of biodiesel B20 blends for
use in its 2002 and later emissions-compliant ISX, ISM, ISL, ISC and
ISB engines. This includes the recently released 2007 products.
Cummins is able to upgrade its previous position on the use of
biodiesel fuel, which limited the use to B5 blends only, up to B20 for
three key reasons. First, the American Society of Testing Materials
specification ASTM ... |
| | | 03/08/07 | Cummins Announces Two-for-One Stock Split| Action Reflects Confidence in Future Operating Results
COLUMBUS, Ind.--(BUSINESS WIRE)--March 8, 2007--The Cummins Board
of Directors today declared a two-for-one split of Cummins Inc.
(NYSE:CMI) stock, payable April 9 to shareholders of record as of
March 26, 2007.
As a result of the stock split, each Cummins' shareholder will
receive one additional share of stock for each share owned on the
record date. Since there will be twice as many shares after the split,
each share wi... |
| | | 03/06/07 | Cummins GTA8.3SLB Meets Proposed EPA New Source Performance Standards| GALVESTON, Texas--(BUSINESS WIRE)--March 6, 2007--Cummins Inc.
(NYSE:CMI) announced today that their GTA8.3SLB gas compression driver
now meets the Environmental Protection Agency's proposed New Source
Performance Standards (NSPS) for stationary spark-ignited engines. The
new GTA8.3SLB meets the NSPS standard more than six months ahead of
the target promulgation date of Jan. 1, 2008 for engines in 25-500 hp
(19-373 kW) power bands.
Cummins GTA8.3SLB is rated at 175 hp (130 kW) and... |
| | | 02/14/07 | Cummins Named to CRO magazine's 'Best Corporate Citizens' List for Eighth Straight Year| Company is One of Only 11 to Be Recognized Each Year the List Has
Been in Existence
COLUMBUS, Ind.--(BUSINESS WIRE)--Feb. 14, 2007--Cummins Inc.
(NYSE:CMI) today was named as one of the 100 Best Corporate Citizens
in the United States by CRO magazine, the eighth straight year the
Company has received this recognition.
Cummins is one of only 11 companies to have made the list every
year since its inception. The "100 Best Corporate Citizens" list
identifies companies that excel... |
| | | 02/09/07 | World's First Alternative-Fuel Power Boat Arrives in Charleston| - CMD-Powered Earthrace Boat Prepares for Record-Setting Trip -
CHARLESTON, S.C.--(BUSINESS WIRE)--Feb. 9, 2007--Recreational
boaters around the world are following the record-setting effort of
Peter Bethune aboard his futuristic Earthrace powerboat as his team
attempts to break the world circumnavigation record of 75 days in a
vessel fuel by 100 percent biodiesel.
If successful, the boat, which is powered by two 540 HP Cummins
MerCruiser Diesel engines (QSC8.3-540) would be t... |
| | | 02/07/07 | Cummins Inc. Declares Quarterly Common Stock Dividend| COLUMBUS, Ind.--(BUSINESS WIRE)--Feb. 7, 2007--The Board of
Directors of Cummins Inc. (NYSE:CMI) today declared a quarterly common
stock cash dividend of 36 cents per share, payable March 1, 2007 to
shareholders of record on February 16, 2007.
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, filtr... |
| | | 02/06/07 | New Cummins West Africa Joint Venture to Build Power Generators| LAGOS, Nigeria--(BUSINESS WIRE)--Feb. 6, 2007--Cummins Inc.
(NYSE:CMI) today completed the signing of a joint-venture agreement to
establish a new company, Cummins West Africa, in partnership with
Nigerian company A.G. Leventis. The new Cummins West Africa operation
in Lagos will manufacture power generation systems with up to 1,000
kVA output, supported by a network of service branches strategically
located across the country. Cummins West Africa will be well-placed to
meet a growing... |
| | | 02/06/07 | Cummins Announces Uptime Guarantee for '07| Company Confident in New Product Reliability
TAMPA, Fla.--(BUSINESS WIRE)--Feb. 6, 2007--Cummins Inc.
(NYSE:CMI) today announced that its Heavy-Duty ISX and ISM on-highway
truck engines for 2007 will be covered by its exclusive Uptime
Guarantee, an industry first when it was introduced in 2002.
For 2007, the Uptime Guarantee includes both the engine and the
aftertreatment system. Under the guarantee, if a customer's ISX or ISM
engine or aftertreatment system fails and can't be... |
| | | 02/02/07 | Cummins QSB3.3 Awarded ``Diesel of the Year 2007''| COLUMBUS, Ind.--(BUSINESS WIRE)--Feb. 2, 2007--Cummins QSB3.3
engine has received the prestigious title of "Diesel of the Year 2007"
from a leading European publication. The award recognizes the
innovative technology which enables the 110-hp (82 kW) rated 3.3-liter
engine to offer equivalent performance to that of larger 4.0- to
4.5-liter engines - but with a 30 percent smaller and lighter
installation package.
The QSB3.3 has also been recognized for innovation in North
America, ... |
| | | 01/29/07 | Cummins Completes Third Consecutive Year of Record Sales and Profits|
Company Eclipses $3 Billion in Quarterly Sales; Power Generation
and Distribution Segments Report Record Operating Profits in Fourth
Quarter
COLUMBUS, Ind.--(BUSINESS WIRE)--Jan. 29, 2007--Cummins Inc.
(NYSE:CMI) today reported record sales and earnings for the fourth
quarter and all of 2006, marking the third consecutive year of record
financial performance for the Company.
Cummins eclipsed $3 billion in quarterly sales for the first time... |
| | | 01/23/07 | Cummins Reveals Best-In-Class 2007 Turbo Diesel Engine| Strongest. Cleanest. Quietest.
WASHINGTON--(BUSINESS WIRE)--Jan. 23, 2007--Cummins Inc.
(NYSE:CMI) today unveiled the strongest, cleanest, quietest
best-in-class 2007 Cummins Turbo Diesel. Leapfrogging the competition,
the Cummins 6.7-liter Turbo Diesel engine, used exclusively in Dodge
Ram 2500 and 3500 Heavy Duty pickup trucks, has increased displacement
providing increased horsepower and torque while achieving the world's
lowest 2010 Environmental Protection Agency (EPA) NOx ... |
| | | 01/10/07 | Cummins Foundation Commits $500,000 to LeMoyne-Owen College| Grant Will Assist Memphis College's Efforts to Grow and Strengthen
Financial Base
COLUMBUS, Ind.--(BUSINESS WIRE)--Jan. 10, 2007--The Cummins
Foundation today announced that it has approved a $500,000 grant to
LeMoyne-Owen College in Memphis, to be used to assist the school in
its growth and accreditation efforts. The first $100,000 of grant was
distributed in late December 2006 and the remainder will be released
in installments through December 2009.
LeMoyne-Owen is one of 3... |
| | | 01/04/07 | Cummins Announces Certification of 2007 On-Highway Engines| COLUMBUS, Ind.--(BUSINESS WIRE)--Jan. 2, 2007--Cummins Inc.
(NYSE:CMI) announced today that the U.S. Environmental Protection
Agency (EPA) has certified the Cummins Heavy-Duty and MidRange truck
engines for 2007. Full production of the new engines begins in
January, 2007.
The 2007 certified Cummins truck engines include the Heavy-Duty
ISX and ISM, as well as the MidRange ISL, ISC and ISB. The engines are
certified and compliant for 2007, using Cummins proven cooled Exhaust
Gas Re... |
| | | 01/04/07 | Cummins Power Generation, Inc. and BluePoint Energy Form Exclusive Strategic Alliance to Develop and Market BluePoint EnviroGen(TM) Energy Modules Worldwide| BluePoint Energy Establishes Global Reach
EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Jan. 4, 2007--Chapeau,
Inc. d/b/a BluePoint Energy, Inc. (OTC BB: CPEU) today announced that
it has entered into a definitive Strategic Alliance Agreement (the
"Alliance Agreement") with Cummins Power Generation ("Cummins"), a
subsidiary of Cummins Inc. (NYSE: CMI), a global power leader serving
customers in more than 160 countries through a network of 550
company-owned and independent distributor ... |
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Expiry Date :: May 4, 2007,
Publish Date :: May 4, 2006,
Author :: cb154,
Approver :: cb154
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Financial Information
Annual Meeting/Proxy Materials
