Jonathan Wood to succeed Fier as Chief Technical Officer Today, Cummins Inc. (NYSE: CMI) announced that Jim Fier – Vice President and Chief Technical Officer, after an impactful 36-year career with the company, has decided to retire at the end of March 2023. The company also announced that Jonathan Wood, Vice President of New Power Engineering, will succeed Fier as Chief Technical Officer, effective April 1. “I am grateful... Read More

Cummins Inc. (NYSE: CMI) will supply a 35-megawatt (MW) proton exchange membrane (PEM) electrolyzer system for Linde’s new hydrogen production plant in Niagara Falls, New York. Once commissioned, Cummins’ electrolyzer system will power Linde’s largest green hydrogen plant in the U.S., marking significant progress in moving the green hydrogen economy forward. "This project is not only a milestone for Cummins, but also for the... Read More

Transaction will accelerate Cummins’ development of electrified power solutions Global power and technology leader, Cummins Inc. (NYSE: CMI) today announced that it, through its subsidiary Meritor, has completed its acquisition of Siemens’ Commercial Vehicles business, a leading global supplier of high-performance electric drive systems for commercial vehicles. In May 2022, Meritor, Inc. announced it had entered into an... Read More

Cummins Inc. (NYSE:CMI) has taken a minority stake in Exergy Energy, LLC. The Cummins – Exergy Energy partnership allows for the installation of Cummins power system solutions such as generator sets, energy storage systems, and switching equipment at the customer location to power the entire operation during grid outages or times of peak usage with no upfront CAPEX investment by the customer. Exergy Energy’s sophisticated... Read More

Cummins Inc. (NYSE:CMI) has been selected as one of two awardees that will develop, manufacture, test, and produce generator sets in both the 500 kilowatt (kW) skid (MEPGS-10001) and Power Plants (PP) (MEPGS-35001) configurations to meet the electrical power needs for the Large Tactical Power System (LTPS) and the Department of Defense (DoD). LTPS is a modernization program managed by the Product Lead, Large Power Systems... Read More

Third quarter revenues of $7.3 billion GAAP 1 Net Income of $400 million, or 5.5 percent of sales; diluted EPS of $2.82 EBITDA in the third quarter was 12.1 percent of sales Third quarter results reflect: Two months of operations from the acquired Meritor business, including $737 million in revenue and $37 million, or $0.26 per diluted share of GAAP 1 Net Loss. Cummins also incurred $25 million, or $0.13 per diluted share,... Read More

Today, Cummins Inc. (NYSE: CMI) announced that Marvin Boakye will join Cummins as Chief Human Resources Officer, (CHRO) effective November 7, 2022. Boakye most recently served as the Chief People & Diversity Officer at Papa John's International. “Marvin is recognized as a strategic partner, skilled at aligning innovative talent approaches with furthering business goals, and I’m delighted he is joining Cummins at this... Read More

Cummins Inc. (NYSE: CMI) will soon begin building its new gigawatt electrolyzer manufacturing plant in Guadalajara, Castilla-La Mancha, Spain, reaffirming the company’s commitment to expanding the green hydrogen economy in Europe and globally. Last year, Cummins announced it had selected Spain as the site of a new proton... Read More

The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.57 dollars per share, payable on December 1, 2022, to shareholders of record on November 18, 2022. 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... Read More

Cummins Inc. (NYSE: CMI) will begin producing electrolyzers in the United States, underscoring the company’s continued dedication to advancing the nation’s green hydrogen economy. Electrolyzer production will take place in Fridley, Minnesota, starting at 500 megawatts (MW) of manufacturing capacity annually, scalable to 1... Read More

Cummins Inc .'s new Chief Executive Officer urged employees to be advocates for the company's environmental sustainability strategy, maintaining it is integral to the global power leader's mission and future success. Speaking at a recent virtual town hall meeting to some 2,000 Cummins employees, President and Chief Executive... Read More

Atura Power has selected Cummins Inc. (NYSE: CMI) to design and manufacture the electrolyzer system for its Niagara Hydrogen Centre in Niagara Falls, Ont. This will be Ontario’s first 20-megawatt (MW) green hydrogen facility. Cummins’ proton exchange membrane (PEM) electrolysis system will be manufactured at its Mississauga,... Read More

With a mission to power a more prosperous world, Cummins Inc. (NYSE: CMI) continues to make significant investments in solar energy with the installation of Cummins’ second largest solar array at Rocky Mount Engine Plant in North Carolina (U.S.). The RMEP solar installation will directly support the company’s environmental... Read More

Cummins Inc. (NYSE: CMI) is showcasing its platform of zero-emissions technologies this week at the IAA Transportation show, the world's largest mobility show, in Hannover, Germany. A range of new Cummins technologies and the recently acquired Meritor ePowertrain technologies are available publicly together for the first time. With over a century of experience as a global power leader, Cummins is solidifying its commitment... Read More

Cummins Inc. (NYSE: CMI) is pleased to announce that its popular Tier 4 QSK95 engine can be safely used with renewable diesel, without any negative impact to its current EPA emission requirements or reliability. “Cummins is ready to assist customers on the decarbonization journey. By working together, we can effect change for today’s climate crisis,” states Cummins General Manager – Rail and Defense, Regina Barringer.... Read More

It’s in the DNA of Cummins Inc. (NYSE: CMI) to solve problems, and the reality of food deserts in communities across the nation is one that has its attention. Through Cummins Advocating for Racial Equity (CARE), the company has committed $800,000 in transformational grant funding to develop and launch mobile grocery markets. With these markets, CARE is taking action to combat the impact of food deserts in Indianapolis,... Read More

For the first time since finalizing the acquisition of Meritor, Inc. last month, Cummins Inc. (NYSE: CMI) will showcase Meritor’s 17Xe ePowertrain assembled with a Cummins battery system during the IAA Transportation tradeshow in Hannover, Germany. The 17Xe is designed for heavy-duty trucks in the 4x2 and 6x2 segment, with... Read More

Today, Cummins Inc. (NYSE: CMI) announced a $5 million partnership investment with Boston-based Reinventure Capital , an impact fund that invests in U.S. based companies led and managed by people of color and/or womxn. Co-founded and managed by expert impact investor, Edward Dugger, III, Reinventure provides its partners the opportunity to advance racial and gender equity through access to diversified portfolio companies... Read More

Cummins Inc. (NYSE: CMI) will expand PEM electrolyzer manufacturing capacity at its Oevel, Belgium, factory to 1 gigawatt (GW) with the support from the Important Project of Common European Interest (IPCEI) Hy2Tech program. IPCEI – recently approved by the European Commission, with funding granted by Flanders Innovation & Entrepreneurship Agency (VLAIO) – will help Cummins develop a new generation of PEM electrolyzer cell... Read More

Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, and Cummins Inc. (NYSE: CMI), a global power solutions provider, announced today Werner signed a letter of intent to purchase 500 Cummins’ 15-liter hydrogen internal combustion engines upon availability. The two companies announced earlier this year, Werner Enterprises plans to validate and integrate Cummins’15-liter natural gas and Cummins’... Read More

Transport Enterprise Leasing, LLC (TEL) a leading commercial truck and trailer equipment lease and remarketing provider, and Cummins Inc . (NYSE: CMI), a global power solutions provider, announced today that TEL has signed a letter of intent planning to purchase Cummins’ 15-liter hydrogen internal combustion engines when available. TEL will integrate the Cummins’ X15H hydrogen engines into their fleet of heavy-duty trucks.... Read More

Cummins Inc. (NYSE: CMI) and Buhler Industries Inc. (TSX: BUI), a leading tractor manufacturer under the Versatile brand, announced today that they have signed a letter of intent and plans to integrate the Cummins 15-liter hydrogen engines in Versatile’s equipment to lead the decarbonization of the agriculture market.... Read More

Visitors to Farm Progress will be able to get their first look at the Cummins powered CLAAS TRION 740. Cummins’ clean and efficient L9 engine offers farmers up to 430 hp in this state-of-the-art combine harvester. Ann Schmelzer, Managing Director of Cummins Global Agriculture Business, said: "Cummins has had a strong presence... Read More

Connected engine solutions provide whole machine diagnostics across diverse mobile machines via single interface. Elevāt , the industry leader in off-highway OEM solutions, has partnered with Cummins Inc. (NYSE: CMI) to integrate its Cummins Connected Diagnostics application with the Elevāt Machine Connect IoT platform. This strategic collaboration enables customers to access diagnostic messages and receive real-time alerts... Read More

Global power and technology leader, Cummins Inc. (NYSE: CMI) today announced that it has completed its acquisition of Meritor, Inc., a leading global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. The integration of Meritor’s people, products and capabilities in axle and brake technology will position Cummins as a leading provider of... Read More

Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2022. Second quarter revenues of $6.6 billion increased 8 percent from the same quarter in 2021. Sales in North America increased 15 percent while international revenues decreased 2 percent, driven primarily by a slowdown in China and the indefinite suspension of our operations in Russia. “The company achieved record revenues and solid profitability in... Read More

Today, Cummins Inc. (NYSE: CMI), a global power technology leader announces an investment of $24M into VoltStorage, a leading technology company producing energy storage systems based on environmentally friendly redox flow technology. “Cummins is committed to developing a range of solutions that will enable our customers’ success as we advance our Destination Zero strategy and decarbonize our diverse markets,” said Jennifer... Read More

Today, Cummins Inc. (NYSE: CMI) announced that, effective August 1, 2022, Tom Linebarger will end his term as Chief Executive Officer (CEO) and Jennifer Rumsey, President and Chief Operating Officer (COO), will assume the role of President and CEO. Rumsey will be the seventh CEO and first woman to lead the company since it was founded in 1919. Linebarger will continue to serve as Chairman of the Board of Directors and in an... Read More

The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company's quarterly cash dividend on common stock of approximately 8 percent to 1.57 dollars per share from 1.45 dollars per share. The dividend is payable on September 1, 2022, to shareholders of record on August 19, 2022. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that... Read More

Today, Cummins Inc. (NYSE: CMI) announced the election of Gary Belske to its Board of Directors. “I am thrilled to add Gary to our Board of Directors,” said Tom Linebarger, Chairman and CEO, Cummins Inc. “Gary will enhance the strength of our board with his leadership experience, knowledge of a broad range of industries, and deep expertise in financial reporting that can augment the rigor and transparency of our financial... Read More

Today, Cummins Inc. (NYSE: CMI) announced a change in the leadership of the company’s Power Systems segment, one of the company’s five business segments. Norbert Nusterer, Vice President and President of Power Systems, has made the decision to leave Cummins after 25 years with the company. Jenny Bush, who is currently Vice President, Cummins Sales and Service – North America, will assume the role of President - Power Systems... Read More

Today, Cummins Inc. (NYSE: CMI), a global power technology leader and Komatsu Ltd., a global provider of equipment and services for the construction and mining industries, have signed a memorandum of understanding to collaborate on the development of zero-emissions haulage equipment. Building on a legacy of diesel engine partnership across a wide variety of mining and construction equipment, Cummins and Komatsu will... Read More

Meritor, Inc. (NYSE: MTOR) today announced that its shareholders have voted to approve the previously announced pending acquisition by Cummins Inc. (NYSE: CMI) at a special meeting. "The strong support our shareholders have expressed for this transaction reflects the compelling value and important opportunity to shape the future of powertrain components and accelerate development of electrified power solutions for commercial... Read More

Cummins Inc. (NYSE: CMI), a global power and hydrogen technologies leader, and Daimler Truck North America (DTNA), the largest heavy-duty truck manufacturer in North America, are collaborating to upfit and validate Freightliner Cascadia trucks with a Cummins hydrogen fuel cell powertrain for use in North America. Freightliner will leverage Cummins’ fourth generation fuel cell powertrain, which provides improved power... Read More

The Board of Directors of Cummins Inc . (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.45 dollars per share, payable on June 2, 2022, to shareholders of record on May 20, 2022. 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... Read More

Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2022. First quarter revenues of $6.4 billion increased 5 percent from the same quarter in 2021. Sales in North America increased 12 percent while international revenues decreased 3 percent, driven primarily by a slowdown in China. “Demand for our products remains strong across many of our key markets and regions, resulting in record revenues in the... Read More

Cummins Inc. (NYSE: CMI) today announced that its Filtration business has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (the "IPO") of newly issued common stock of the business in the United States. The number of shares to be offered and the price range for the IPO have not yet been... Read More

Cummins Inc. (NYSE: CMI) today announced that it has closed on its acquisition of Jacobs Vehicle Systems (JVS) from Altra Industrial Motion Corp. Jacobs Vehicle Systems is a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. The addition of JVS brings new technologies that will provide growth opportunities for Cummins’ current and future advanced engine platforms. The... Read More

Florida Power & Light Company (FPL) today announced Cummins Inc. (NYSE: CMI) will supply a 25-megawatt (MW) electrolyzer system for the groundbreaking FPL Cavendish NextGen Hydrogen Hub – Florida’s first of its kind “green” hydrogen plant – which could lay the groundwork for a 100% carbon-free energy future. “At FPL, we are always looking over the horizon and focused on making smart, long-term investments to build a more... Read More

At a meeting with analysts and shareholders today, members of the leadership team of Cummins Inc. (NYSE: CMI), a global power leader, shared the Company’s plans to generate profitable growth driven through leadership in the design, manufacture, and support of powertrain technology across a number of fuel types and power sources. “The decarbonization of our economy is critical to our way of life and our industry will play a... Read More

Cummins Inc. (NYSE: CMI) and Meritor, Inc. (NYSE: MTOR) today announced that they have entered into a definitive agreement under which Cummins will acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 in cash per Meritor share, for a total transaction value of... Read More

Global power leader Cummins Inc. (NYSE: CMI) announced today that it is expanding its industry-leading powertrain platforms, leveraging a range of lower carbon fuel types. As the industry’s first unified, fuel-agnostic engines, these platforms will use engine blocks and core components that share common architectures and will... Read More

Today, Cummins Inc. (NYSE: CMI) announced Jennifer Rumsey, its President and Chief Operating Officer, has been elected to the company’s Board of Directors. “I am thrilled Jennifer Rumsey will join the Cummins Board of Directors,” said Tom Linebarger, Chairman and CEO, Cummins Inc. “Jen brings the skills and perspectives we... Read More

Cummins Inc. (NYSE: CMI) today announced the signing of an agreement to acquire Jacobs Vehicle Systems (JVS), a subsidiary of Altra Industrial Motion Corp., and a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. The agreement brings the addition of new technologies to provide growth opportunities for Cummins’ current and future advanced diesel engine platforms. The... Read More

The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.45 dollars per share, payable on March 3, 2022, to shareholders of record on February 18, 2022. 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... Read More

Cummins Inc. (NYSE: CMI) and Westport Fuel Systems Inc. (“Westport”) (TSX:WPRT | Nasdaq:WPRT) have agreed to a share purchase agreement for the sale of Westport’s stake in the Cummins Westport Joint Venture (“JV”) with CMI continuing to operate the business as the sole owner. As previously reported, the Cummins Westport Inc. joint venture agreement terminated effective December 31, 2021. As part of the agreement, Cummins... Read More

Today, Cummins Inc. (NYSE: CMI) Chairman and CEO Tom Linebarger was in Washington, D.C. speaking at a White House event focused on the Build Back Better Act. He joined President Joe Biden and several other business CEOs. Linebarger was one of three CEOs to have a speaking role during the formal press portion that took place at 1 p.m. During his public and private discussions with President Biden and the other business... Read More

Today, Cummins Inc. (NYSE: CMI) named Mark Sifferlen the company’s first Vice President – Chief Risk Officer and leader of Environmental, Social and Governance (ESG) Strategy for the company, effective February 1. The company also named Schuyla Jeanniton Executive Director, Ethics and Compliance, to backfill Mark Sifferlen. Jeanniton will also serve as the Chief of Staff and Quality Lead for the Chief Administrative Officer... Read More

Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited announced an agreement to create a prototype medium-duty, battery electric truck to demonstrate in North America. This truck represents the first zero-emissions solution facilitated by the Isuzu Cummins Powertrain Partnership (ICPP) formed in May 2019. Through this arrangement, Cummins will integrate the Cummins PowerDrive6000 into Isuzu’s F-Series truck and will pilot the... Read More

Today, Cummins Inc. (NYSE: CMI) named Jeff Wiltrout, Vice President- Corporate Strategy, effective immediately. Wiltrout has served in this role on an interim basis since Thad Ewald’s departure from Cummins last year. “I am thrilled to have Jeff take this role, and I’m confident his experience and leadership capabilities make him the ideal leader for this work,” said Tom Linebarger, Chairman and CEO, Cummins Inc. “During his... Read More

Cummins Inc. (NYSE: CMI) and Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) today announced that they have closed on Cummins’ acquisition of 50% equity interest in Momentum Fuel Technologies from Rush Enterprises. The joint venture between Rush Enterprises and Cummins will seek to enhance production of near-zero emissions natural gas powertrains by manufacturing Cummins-branded natural gas fuel delivery systems for the... Read More

Cummins Inc. (NYSE: CMI) and Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) today announced that they have closed on Cummins’ acquisition of 50% equity interest in Momentum Fuel Technologies from Rush Enterprises. The joint venture between Rush Enterprises and Cummins will seek to enhance production of near-zero emissions natural gas powertrains by manufacturing Cummins-branded natural gas fuel delivery systems for the... Read More

Today, Cummins Inc. (NYSE: CMI) announced that it has named Chris Clulow, Vice President, Investor Relations, and Luther Peters, Vice President, Corporate Controller, effective March 1. Clulow is replacing Jack Kienzler who moved to Cummins Filtration on January 1 and Peters is taking Clulow’s former position. “I am thrilled to have Chris and Luther leading our global finance teams in these new roles,” said Mark Smith, Chief... Read More

Today, Cummins Inc. (NYSE: CMI) announced that Bonnie Fetch has been named Vice President – Global Supply Chain and Manufacturing, effective February 1. Fetch currently serves as Vice President – North America Regional Operating Team and Distribution Business Supply Chain Services. “Bonnie is the right person for this role as we continue navigating supply chain challenges and executing our Supply Chain transformation,” said... Read More

On December 14, the Board of Directors of Cummins Inc. (NYSE: CMI) authorized the Company to repurchase up to $2 billion in shares of common stock upon completion of its 2019 $2 billion share repurchase program. "The latest share repurchase program reinforces our commitment to delivering strong returns to shareholders and reflects our confidence in our long-term performance," said Tom Linebarger, Cummins Chairman and Chief... Read More

Century Aluminum Company (NASDAQ: CENX) announced today that its Board of Directors (the “Board”) increased the size of the Board from five to six members on December 6, 2021 and appointed Jennifer (“Jenny”) Bush as an independent director effective immediately with a term expiring at Century’s annual meeting of stockholders in 2022. Ms. Bush has been with Cummins Inc. (NYSE: CMI) since 1997 and has been serving as the Vice... Read More

Cummins Inc. (NYSE: CMI) has entered into an agreement with Sion Power Corporation, a leading developer of high-energy rechargeable battery technology, to design and supply battery cells based on their proprietary lithium metal technology for commercial vehicle applications. In connection with the agreement, Cummins has made an investment in Sion Power. The investment provides Cummins a minority stake in Sion Power, allows... Read More

Today, Cummins Inc. (NYSE: CMI) announced that Steph Disher has been named Vice President – Cummins Filtration, effective November 15. Disher began leading the Filtration business in August 2020, navigating the business during the global pandemic and related ongoing supply chain constraints. Through these challenges, the business consistently has delivered solid financial performance. Disher has led the business as Cummins... Read More

Cummins Inc. (NYSE: CMI) was named today one of 45 inaugural recipients of the Terra Carta Seal, an initiative led by the United Kingdom’s Prince Charles to recognize businesses for their commitment to environmental sustainability and decarbonization. Inspired by the Magna Carta, the medieval document that remains an important symbol of liberty around the world, the Terra Carta is a recovery plan for the planet that serves... Read More

Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2021. Third quarter revenues of $6.0 billion increased 17 percent from the same quarter in 2020. Sales in North America increased 13 percent while international revenues increased 22 percent driven by strong demand across all global markets outside of China compared to the same quarter in 2020. “Demand remained strong in the third quarter as the global... Read More

Cummins Inc. (NYSE: CMI) Chairman and CEO Tom Linebarger, which announced the company’s support on October 1 for the climate change provisions of the reconciliation bill, today said he is pleased with the progress on both the Infrastructure, Investment and Jobs Act and the Build Back Better Act framework, and encourages Congress to pass the legislation quickly. Linebarger issued the following statement: “We are pleased with... Read More

Cummins Inc. (NYSE: CMI) announced today it has been accepted into two influential groups advocating for climate action ahead of the global COP26 climate summit in Glasgow, Scotland (U.K.) starting Oct. 31. The Business Ambition for 1. 5°C campaign encourages companies to set robust emission reduction goals for greenhouse gases (GHGs) using science-based targets aligned to the 2015 Paris Climate Accords. By extension,... Read More

Cummins Inc. (NYSE: CMI) today announced that it will bring to market a 15-liter natural gas engine for heavy-duty trucks. The 15-liter natural gas engine is an important part of Cummins strategy for its path to zero emissions to go further, faster to reduce the greenhouse gas and air quality impacts of its products in a way that is best for its customers and all stakeholders. The strategy focuses on new powertrains... Read More

The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.45 dollars per share, payable on December 2, 2021, to shareholders of record on November 19, 2021. 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... Read More

Cummins Inc. (NYSE: CMI), a global power technology leader, will be launching a set of software features to integrate its powertrains with Automated Driving System (ADS) technologies. Cummins is a market leader in delivering powertrains that provide leading performance and fuel economy through the integration of hardware and software. With these new software features, Cummins will extend these core capabilities into the ADS... Read More

Today, Cummins Inc. (NYSE: CMI) announces the new SD 20 diesel generator set for commercial mobile applications. The SD 20 is well suited for a variety of trailer and vehicle applications such as disaster relief, mobile medical, mobile command centers, ambulances, food trucks, utility boom trucks and many others. "We are... Read More

Headline of release should read: Cummins Encourages Congress to Pass Reconciliation Bill to Combat Climate Change and Invest in a Decarbonized Future (instead of Cummins Encourages Congress to Pass 265800 Bill to Combat Climate Change and Invest in a Decarbonized Future). The updated release reads: CUMMINS ENCOURAGES CONGRESS TO PASS RECONCILIATION BILL TO COMBAT CLIMATE CHANGE AND INVEST IN A DECARBONIZED FUTURE Cummins... Read More

Cummins Inc. (NYSE: CMI) today announced its support for the climate change provisions of the reconciliation bill and encourages Congress to pass the legislation. The path to a decarbonized and sustainable future requires the engagement of everyone – government, businesses of all sizes, as well as communities and individuals. “The decarbonization investments in the reconciliation bill are critical to accelerating the... Read More

Daimler Truck AG and U.S.-based global power leader and engine manufacturer Cummins Inc. (NYSE: CMI) announced in February that they would enter into a global strategic partnership for medium-duty engines. The details of the agreement have been established and the framework agreement has been signed by both companies. Under the strategic partnership, Cummins will invest in the further development of the medium-duty engine... Read More

Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2021. Second quarter revenues of $6.1 billion increased 59 percent from the same quarter in 2020. Sales in North America increased 74 percent while international revenues increased 42 percent driven by strong demand across all global markets compared to the same quarter in 2020, which was impacted significantly by the pandemic. Currency positively... Read More

Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Cummins Inc. , (NYSE: CMI) a global power and hydrogen technologies leader, announced a memorandum of understanding (MOU) to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. The MOU provides the framework for Chevron and Cummins to initially collaborate on four... Read More

The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company's quarterly cash dividend on common stock of 7 percent to 1.45 dollars per share from 1.35 dollars per share. The dividend is payable on September 2, 2021, to shareholders of record on August 20, 2021. “This marks our 12 th consecutive year of increasing our dividend, demonstrating a consistent trend of returning capital to... Read More

Cummins Inc. (NYSE: CMI) has taken another step forward in advancing zero carbon technology as the company began testing a hydrogen-fueled internal combustion engine. The proof-of-concept test is building on Cummins’ existing technology leadership in gaseous-fuel applications and powertrain leadership to create new power solutions that help customers meet the energy and environmental needs of the future. “Cummins is thrilled... Read More

Cummins Inc. (NYSE: CMI) and Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) today announced that they have signed a Letter of Intent for Cummins to acquire a 50% equity interest in Momentum Fuel Technologies from Rush Enterprises. The proposed transaction is expected to close later this year, subject to completion of customary pre-closing activities and entering into mutually agreeable transaction documentation. The joint... Read More

Global power leader Cummins Inc. (NYSE: CMI) joined today government leaders and partner Iberdrola, one of the world’s largest energy companies, to announce its plans for one of the world’s largest electrolyzer plants for the production of green hydrogen to be located in Castilla-La Mancha, Spain. This investment in Spain comes on the heels of Iberdrola and Cummins’ decision to partner together on large-scale hydrogen... Read More

Cummins Inc. WHAT: Iberdrola and Cummins will announce their joint work to accelerate the growth of business opportunities in the hydrogen sector and Iberian electrolyzer market to position Spain as the technology and industry leader in Europe. WHO: Chairman and CEO of Cummins, Tom Linebarger Chairman and CEO of Iberdrola, Ignacio Galán Fourth Vice-President of the Government of Spain and Minister for Ecological Transition... Read More

Cummins Inc. (NYSE: CMI) is proud to announce the launch of the C1000N6B and C1300N6 NFPA 110 Type 10 capable natural gas generator sets for peaking and standby power applications. Designed for ease of commissioning and installation, the QSK60G gas generator series meets NFPA 110, 10-second start with UL2200 and CSA22.2 listings. This generator set is delivered with a skid-mounted radiator, Cummins PowerCommand 3.3... Read More

The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.35 dollars per share, payable on June 3, 2021, to shareholders of record on May 21, 2021. 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... Read More

Today, Cummins Inc. (NYSE: CMI) announced the election of Carla Harris to its Board of Directors. Ms. Harris is Vice Chairman of Wealth Management and Senior Client Advisor at Morgan Stanley. Over her 30-year career with Morgan Stanley, her experiences include investment banking, equity capital markets, equity private placements, and initial public offerings in a number of industries such as technology, transportation, and... Read More

Global technology and power solutions leader Cummins Inc. (NYSE: CMI) and KBR (NYSE: KBR) have signed a memorandum of understanding (MoU) to collaborate on offering a complete and integrated solution to produce ammonia from renewable sources, commonly referred to as green ammonia. As leaders in their respective markets, Cummins in proton exchange membrane (PEM) electrolysis to generate hydrogen, and KBR with ammonia... Read More

Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2021. First quarter revenues of $6.1 billion increased 22 percent from the same quarter in 2020. Sales in North America increased 7 percent while international revenues increased 45 percent driven by strong demand across all global markets as well as new product sales in China and India. “Demand accelerated in the first quarter, as the global economy... Read More

Cummins Inc. (NYSE: CMI) and Tula Technology, Inc. , a leader in propulsion efficiency, announced today at the Society of Automotive Engineers World Congress in Detroit the results of their collaborative study on the effectiveness of Tula’s diesel Dynamic Skip Fire (dDSF™) in reducing nitrogen oxides (NOx) and carbon dioxide... Read More

Today, Cummins Inc. (NYSE: CMI) Chairman and CEO, Tom Linebarger issued the following statement: “Cummins supports the Business Roundtable’s recent statement on the importance of voting, and we agree “the right to vote is the essence of a democratic society.” We are active in, and support, efforts to advance voter accessibility and to make this fundamental right more broadly available. We are stronger as a nation when more... Read More

One Network Enterprises (ONE), a global provider of multi-party business networks for autonomous supply chain management, today announced that its customer Cummins Inc . (NYSE: CMI), a Fortune 500 corporation and a global power leader, has gone live on the One Network Platform with attribute-based forecasting, multi-tier inventory optimization and integrated inbound supply visibility. Leveraging One Network's platform and... Read More

During the virtual 2021 NTEA Work Truck Show, Hino Trucks announced their intent to produce medium- and heavy-duty Hino trucks with Cummins engines for sale in North America. As a result of this announcement, Hino intends to offer Cummins B6.7™ and L9™ engines in Hino’s L and XL Series models by the end of 2021. “We are thrilled to offer Cummins’ proven B6.7 and L9 engines,” stated Hino’s Bob Petz, Senior VP of Vehicle and... Read More

Global power leader Cummins Inc. (NYSE: CMI) and Cummins Westport Inc. announced today that the ISX12N+Endurant HD N powertrain from its Integrated power portfolio is now available for heavy-duty customers, delivering a fully integrated natural gas powertrain. The combination of the ISX12N near zero natural gas engine and the Endurant HD N 12-speed automated transmission from Eaton Cummins Automated Transmission Technologies... Read More

Cummins Inc. (NYSE: CMI) announced today Nicole Y. Lamb-Hale is succeeding Sharon Barner as Vice President and General Counsel, effective in May. The company announced on February 2 that Barner is being promoted to Vice President and Chief Administrative Officer. “Nicole is a dynamic, strategic and effective leader with global experience and a remarkable legal understanding that will equip her to continue to lead, shape and... Read More

Cummins Inc. (NYSE: CMI) announced today that several leaders were named vice presidents, effective March 1. These appointments are consistent with the company's approach to succession planning and leadership development to ensure the company is best positioned for continued growth and success. "The world is rapidly changing and we need strong leaders who excel at both strategy and execution to ensure our company, employees... Read More

Today, Daimler Truck AG and global power leader and independent engine manufacturer Cummins Inc. (NYSE: CMI) announced that the companies have signed a memorandum of understanding establishing a global strategic partnership for medium duty engine systems. The companies added that other opportunities for collaboration are also being evaluated. As part of the planned strategic partnership, Cummins will invest in the further... Read More

Cummins Inc. (NYSE: CMI) announced today that several leaders were appointed to new key roles, effective March 1. These appointments are consistent with the company’s approach to leadership development and succession planning to ensure the company is best positioned for continued growth and success. “The world is rapidly changing and we need strong leaders who excel at both strategy and execution to ensure our company,... Read More

Cummins Inc. (NYSE: CMI) announced today that Tony Satterthwaite is being named Vice Chairman and Jennifer Rumsey will succeed Satterthwaite as President and Chief Operating Officer, effective March 1. "I am thrilled to have Tony join the Chairman's office and confident he's the right leader for this role, given the significant opportunities in front of us," said Tom Linebarger, Chairman and CEO, Cummins Inc. "Tony... Read More

The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.35 dollars per share, payable on March 4, 2021, to shareholders of record on February 19, 2021. 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... Read More

Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited (Isuzu) announced agreements for a global mid-range diesel powertrain and an advanced engineering collaboration, marking another step forward in the Isuzu Cummins Powertrain Partnership (ICPP). The partnership, formed in May 2019, formalized a business structure for the two companies to evaluate and carry out opportunities to jointly develop and bring new diesel and alternate... Read More

Cummins Inc. (NYSE: CMI) today reported results for the fourth quarter of 2020. Fourth quarter revenues of $5.8 billion increased 5 percent from the same quarter in 2019. Sales in North America were flat while international revenues increased 12 percent driven by strong demand in China truck and construction markets as well as the growth in new product sales in India. Earnings before interest, taxes, depreciation and... Read More

Cummins Inc. (NYSE: CMI) announced today that Chief Administrative Officer (CAO) Marya Rose will be retiring, effective April 2021, after more than 20 years in leadership positions with the company. Vice President and General Counsel, Sharon Barner, will succeed Rose. Marya Rose (Photo: Business Wire) “Marya has had an incredible career, and during her more than two decades at Cummins, we have benefitted greatly from her... Read More

Global technology and power solutions leader Cummins Inc. (NYSE: CMI) has provided a 20-megawatt PEM electrolyzer system to generate green hydrogen, making it the largest in operation in the world. The Cummins electrolyzer system is installed at the Air Liquide hydrogen production facility in Bécancour, Quebec and began commercial operation in late 2020. The Cummins PEM Electrolyzer can produce over 3,000 tons of hydrogen... Read More