Cummins to Buy Parts Manufacturer Meritor for $3.7 Billion
Engine maker Cummins Inc. is acquiring components manufacturer Meritor in a $3.7 billion cash deal announced Feb. 22.
Cummins to Build Engines for Low-Carbon Fuels
Cummins Inc. announced it will build a new family of internal combustion engines for a range of low-carbon fuels beginning in 2024 using core components on common engine blocks, with additional components installed to handle the specific fuel.
Cummins to Acquire Jacobs Vehicle Systems
Altra Industrial Motion Corp. announced it entered into an agreement to sell its Jacobs Vehicle Systems business to Cummins Inc. for $325 million.
Cummins Q4 Net Income Falls, Revenue Flat
Cummins Inc. reported a decline in fourth-quarter net income on flat revenue as supply chain constraints continued to present headwinds.
Werner to Validate Cummins 15-Liter Natural Gas, Hydrogen Engines
Werner Enterprises and Cummins Inc. announced Werner will begin validation and integration of Cummins’ recently announced 15-liter natural gas and 15-liter hydrogen internal combustion engines in its vehicles.
Biden Gets CEO Support for Economic Agenda
WASHINGTON — President Joe Biden on Jan. 26 secured the blessing of several business leaders, including Cummins' Tom Linebarger, on his economic agenda that has stalled in the Senate, part of an effort to restart some momentum for the nearly $2 trillion in spending and tax increases that he has proposed.
Rush Enterprises Splits Momentum Fuel Technologies With Cummins
Cummins has closed on its acquisition of a 50% equity interest in Momentum Fuel Technologies from Rush Enterprises, the companies announced Jan. 18.
January 24, 2022Cummins Tackles Chip Shortage, Production Issues
Engine production issues go beyond the semiconductor chip shortage, Cummins Chief Financial Officer Mark Smith said Nov. 10 during the 51st Annual Baird Global Industrial Conference.
Cummins Posts Q3 Income, Revenue Gains
Cummins Inc. reported strong medium- and heavy-duty engine sales amid global growth, despite moderating demand in China, led to increased net income and revenue in the fiscal third quarter.
Cummins to Add 15-Liter Natural Gas Engine to Lineup
Cummins Inc. announced it will bring to market a 15-liter natural gas engine for heavy-duty trucks.
October 14, 2021