cummins

Business, Equipment

Cummins’ CEO Solso to Retire; Linebarger Named Successor

Truck engine maker Cummins Inc. said late Tuesday that Chairman and CEO Tim Solso will retire at the end of the year.

Transport Topics
July 13, 2011
Business, Equipment

Cummins Boosting Dividend

Diesel engine maker Cummins Inc. said Tuesday it will boost its dividend to 40 cents per share, from 26.25 cents per share, effective Sept. 1.

Transport Topics
July 12, 2011
Business, Equipment

Cummins to Add 600 White-Collar Workers at Indiana Headquarters

Truck engine maker Cummins said Friday it plans to add 600 white-collar workers in a new office building at its headquarters city of Columbus, Ind.

Transport Topics
June 10, 2011
Business, Equipment

Cummins’ 1Q Profit More Than Doubles

Engine maker Cummins Inc. said Tuesday its first-quarter profit more than doubled from a year ago as international markets soared.

Transport Topics
April 26, 2011
Business, Equipment

Cummins to Remain Profitable Through Technology, Execs Say

LOUISVILLE, Ky. — Executives of Cummins Inc. said that despite the trend by truck manufacturers toward vertical integration of engines and trucks, the sole remaining independent manufacturer of heavy-duty truck engines will be able to offer unique technology and service that will keep their company profitable.

April 4, 2011
Business, Equipment

Cummins Approves $1 Billion Stock Buyback

Cummins Inc.’s board approved the repurchase of up to $1 billion in stock to “improve shareholder value,” the company said Tuesday.

Transport Topics
February 8, 2011
Business, Equipment

Cummins’ Profit Rises for 4Q, Year

Diesel engine maker Cummins Inc. said Tuesday its fourth-quarter profit rose from a year ago as sales jumped 22% and that 2010 was the strongest year in its history.

Transport Topics
February 1, 2011
Business, Equipment

Cummins Selling Exhaust Business

Diesel engine maker Cummins Inc. said it is selling its exhaust business to Global Tube, a unit of a private equity firm. Terms were not disclosed.

Transport Topics
January 26, 2011
Business, Equipment

Cummins’ 1Q Income Improves

Cummins Inc. said Tuesday its first-quarter profit jumped to $149 million, or 75 cents a share, from $7 million, or 4 cents, a year ago.

Transport Topics
April 27, 2010
Business, Equipment

Cummins to Use Credits to Meet 2010 Standards

LOUISVILLE, Ky. — Cummins Inc., the only remaining independent truck engine builder, said last week that it will use federal emissions credits to meet new government pollution standards with its 2010 models.

March 29, 2010

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