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Cummins Inc. (NYSE: CMI) has partnered with Detroit Area Pre-College Engineering Program (DAPCEP) to expose students to STEM through pop-up workshops and STEM academies. With Detroit recently launched as a new CARE community, resources will primarily be focused on the North End and North Corktown neighborhoods. "Students from marginalized communities are disproportionately excluded from STEM ed
Cummins Inc. (NYSE: CMI) today released its new 2023 Human Capital Management Report detailing the company's approach to talent management and the critical role employees play in the global power technology leader's overall success and sustainability. President and CEO Jennifer Rumsey says in the report it's an exciting time to work at Cummins. "As an industry leader, Cummins has an incredib
Cummins received a 2023 Energy Management Insight Award from the Clean Energy Ministerial (CEM), a high-level global forum to promote policies and programs that advance clean energy technology, to share lessons learned and best practices and to encourage the transition to a global clean energy economy. Cummins earned this award for producing a high-quality case study to share insights on the proce
Cummins Inc. (NYSE: CMI) announced today its Board of Directors has unanimously elected Cummins President and Chief Executive Officer (CEO) Jennifer Rumsey to Chair of the company's Board of Directors, effective August 1, 2023. Rumsey succeeds Tom Linebarger, who is retiring from both of his Cummins positions as Executive Chairman and Chairman of the Board, effective July 31, 2023. Rumsey was f
The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company's quarterly common stock cash dividend of approximately 7 percent to 1.68 dollars per share from 1.57 dollars per share. The dividend is payable on September 7, 2023, to shareholders of record on August 25, 2023. Cummins has increased the quarterly common stock dividend to shareholders for 14 consecutive y
Cummins Inc. (NYSE: CMI) has announced the buyout of Air Liquide's 19% interest in Hydrogenics Corporation. Cummins acquired Hydrogenics in 2019, adding key fuel cell and electrolyzer technologies to its portfolio. Cummins' buyout reinforces its commitment to these technologies and the increasing importance they will play in creating value for all stakeholders and decarbonizing our world.
Today global power and technology leader Cummins Inc. (NYSE:CMI) announced the development of a new high temperature steel alloy in collaboration with Oak Ridge National Laboratory (ORNL). The new material will increase the durability and ultimate efficiency of Cummins' engines and better serve the company's customers and fleets. As a leading manufacturer in the engine and power markets,
Today, Cummins Inc. (NYSE: CMI) is proud to announce that the CentumTM Series generators won gold in the Power Category of the prestigious Consulting Specifying Engineer (CSE) Product of the Year awards . With the introduction of the Centum Series, Cummins has set the new standard of power for the next 100 years. The Centum Series allows our customers to specify the exact amount of power
Today, global power and technology leader Cummins Inc. (NYSE: CMI) announced the 5 millionth engine produced at its Rocky Mount Engine Plant (RMEP) along with its 2.5 millionth engine produced at its Jamestown Engine Plant (JEP). As the company continues to pave a path to a more sustainable future for its products throughout the world, these milestone events are remarkable achievements and just th