Cummins Inc.

Business, Technology, Equipment

Cummins Reports All-Time High Quarterly Revenue

Cummins lobby Cummins Inc.

Cummins Inc. reported first-quarter net income fell as it posted all-time record quarterly revenue.

Roger Gilroy | Senior Reporter
May 3, 2022
Business, Technology, Equipment

Cummins Files for Possible IPO of Filtration Business

Cummins sign Cummins Inc.

Cummins Inc. announced its filtration business confidentially submitted a draft registration statement with the U.S. Securities and Exchange Commission for a proposed underwritten initial public offering in the United States.

Roger Gilroy | Senior Reporter
April 22, 2022
Business, Technology, Equipment, Breaking News

Cummins to Buy Parts Manufacturer Meritor for $3.7 Billion

Cummins' engine plant in Columbus, Ind. Cummins' engine plant in Columbus, Ind. The value of the deal to — at a price of $36.50 a share of Meritor stock — includes assumed debt and net of acquired cash.

Engine maker Cummins Inc. is acquiring components manufacturer Meritor in a $3.7 billion cash deal announced Feb. 22.

Roger Gilroy | Senior Reporter
February 22, 2022
Business, Technology, Equipment, Safety

Cummins to Build Engines for Low-Carbon Fuels

Cummins Padmanabhan discusses the new Cummins engine. (Cummins Inc. via YouTube)

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.

Roger Gilroy | Senior Reporter
February 15, 2022
Business, Technology, Equipment

Cummins to Acquire Jacobs Vehicle Systems

Cummins lobby Cummins Inc.

Altra Industrial Motion Corp. announced it entered into an agreement to sell its Jacobs Vehicle Systems business to Cummins Inc. for $325 million.

Roger Gilroy | Senior Reporter
February 9, 2022
Business, Technology, Equipment

Cummins Q4 Net Income Falls, Revenue Flat

Cummins Cummins' corporate office building in Columbus, Ind. (Cummins Inc.)

Cummins Inc. reported a decline in fourth-quarter net income on flat revenue as supply chain constraints continued to present headwinds.

Roger Gilroy | Senior Reporter
February 3, 2022
Business, Technology, Equipment, Fuel, Top 100

Werner to Validate Cummins 15-Liter Natural Gas, Hydrogen Engines

Cummins X15N engine An overhead view of the Cummins X15N engine (Cummins Inc.)

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.

Roger Gilroy | Senior Reporter
February 1, 2022
Government, Business

Biden Gets CEO Support for Economic Agenda

President Joe Biden, left, with private sector CEOs President Joe Biden, left, with private sector CEOs at the White House Jan. 26. (Andrew Harnik/Associated Press)

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.

Josh Boak | The Associated Press
January 26, 2022
Business, Technology, Fuel

Rush Enterprises Splits Momentum Fuel Technologies With Cummins

Company Logos Left: Cummins Inc.; Right top: Rush Enterprises Inc.; Right bottom: Momentum Fuel Technologies via YouTube

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, 2022
Business, Technology, Equipment

Cummins Tackles Chip Shortage, Production Issues

Infineon semiconductor chip An Infineon TriCore microcontroller computer circuit component. (Chris Ratcliffe/Bloomberg News)

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.

Connor D. Wolf | Staff Reporter
November 12, 2021

Pages