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In her speech at IAA Transportation 2024, Cummins Inc. (NYSE: CMI) Chair and CEO Jennifer Rumsey emphasized Cummins' commitment to delivering a diverse portfolio of power solutions as part of the company's Destination Zero strategy to progress industry decarbonization. "Our customers are running real businesses, and our products are helping them do the difficult work needed to power economies,
In April 2022, Cummins Inc. announced the acquisition of Jacobs Vehicle Systems (JVS), a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. Not only did this addition to Cummins' vast portfolio of advanced technology for engines bring ownership of JVS's new technologies to the company's current and future advanced engine platforms, it allowed Cum
Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2024. "We achieved record quarterly sales and solid profitability in the second quarter, led by significant improvement in our Power Systems business," said Jennifer Rumsey, Chair and CEO of Cummins. "As we shared during our Analyst Day in May, our Destination Zero strategy is the right strategy for growing our business a
Today, Cummins Inc. [NYSE: CMI] unveiled a refreshed brand platform. Sharp design elements, a custom font and a bold tagline - Power OnwardTM - demonstrate the company's commitment to being an industry leader in the next era of smarter, cleaner power. The platform embodies the company's Destination ZeroTM strategy to go further, faster to reduce the greenhouse gas and air quality impacts of its
Cummins Inc. (NYSE: CMI) has published its latest annual Sustainability Progress Report, announcing key advancements in the company's efforts to fulfill its mission of making people's lives better by powering a more prosperous world. "This report clearly illustrates how our business and environmental strategies are intentionally and intricately aligned - how we are innovating for our customers
Cummins Inc. (NYSE: CMI) announced today that the company has been awarded $75 million to convert approximately 360,000 sq. ft. of existing manufacturing space at its Columbus (Indiana) Engine Plant (CEP) for zero-emissions components and electric powertrain systems. The $75 million grant is the largest federal grant ever awarded solely to Cummins and is part of the appropriations related to the I
The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company's quarterly common stock cash dividend of approximately 8.3% from 1.68 dollars per share to 1.82 dollars per share. The dividend is payable on September 5, 2024, to shareholders of record on August 23, 2024. Cummins has increased the quarterly common stock dividend to shareholders for 15 consecutive years.
Francisco is an integral part of the Cummins Inc. team, embodying core values of diversity, inclusion and excellence. He joined Cummins as an Industrial Engineer at the Columbus Fuel Systems Plant in 2017 and has since transitioned into the role of Project Manager - Black Belt for the Cummins Sales and Service Quality group, where his contributions have been transformative. Spearheading improvemen
The month of May was filled with discussions and reflections to honor the Asian American and Pacific Islander Heritage culture represented throughout the U.S. Global business leaders and employee resource groups (ERGs) joined hands and facilitated rich discussions around bridging cultural difference in the workplace, building effective multicultural teams and developing inclusive leadership. J
Today, global power technology leader Cummins Inc. (NYSE: CMI) released its 2024 Human Capital Management Report detailing the company's approach to attracting and developing a talented and diverse workforce that propels the company's success. In her opening letter, Chair and CEO, Jennifer Rumsey celebrates the pivotal role employees play in positioning the company as an industry leader. "I'
Cummins Inc. (NYSE: CMI) announced today that Senior Vice President Tony Satterthwaite will retire, effective Sept. 15, 2024, after 36 years in leadership positions with the company. "Tony's more-than three decades of visionary leadership with Cummins have produced a lasting impact on our company and our people, helping lay the strong foundation that supports our future growth and s
Cummins India Limited's (NSE: CUMMINSIND, BSE: 500480) Board of Directors (CIL) reviewed and approved the financial results for the quarter and year ended March 31, 2024, at their meeting today. Performance Highlights (based on standalone financial results) for the quarter ended March 31, 2024: Total Sales for the quarter at ₹ 2,269 Cr. were higher by 20% compared to the same quarte