Articles from Cummins Inc.

Today, alongside their partners at Ram, Cummins Inc. (NYSECMI) unveiled the new 2025 6.7-liter Turbo Diesel Pickup engine system for Ram Heavy Duty, their most advanced diesel pickup engine yet. As part of this, Cummins and Stellantis have extended their partnership to supply Ram Brand through 2030, paving the way for continued innovation among the most iconic Pickup brands in the business.

Cummins Inc. (NYSECMI) celebrated the reopening today of its worldwide technical center hub office tower in Columbus, Indiana. The office tower at the Cummins Technical Center (CTC) on McKinley Avenue had been under renovation since 2021. After having been mainly untouched, except for minor cosmetic improvements and flood restoration, since its original opening in 1968, the CTC office tower now has a newly renovated interior – allowing for enhanced collaboration and innovation.

Cummins Inc. (NYSECMI) today reported results for the third quarter of 2024.

The Board of Directors of Cummins Inc. (NYSECMI) today declared a quarterly common stock cash dividend of 1.82 dollars per share. The dividend is payable on December 5, 2024, to shareholders of record on November 22, 2024.

Cummins Inc. (NYSECMI) today reported results for the second quarter of 2024.

Cummins Inc. (NYSECMI) 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 Inflation Reduction Act.

Cummins Inc. (NYSECMI) 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.

The Board of Directors of Cummins Inc. (NYSECMI) 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.

Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC [a Daimler Truck Group Company; DAX: DTR0CK; “Daimler Truck”] and PACCAR [NASDAQ: PCAR] have completed the formation of their joint venture, now known as Amplify Cell Technologies, to localize battery cell production and the battery supply chain in the United States. This strategic collaboration will advance zero-emissions technology for electric commercial vehicles and industrial applications. Amplify will soon begin construction of a 21-gigawatt hour (GWh) factory in Marshall County, Miss., with potential for further expansion as demand grows. The factory is expected to create more than 2,000 U.S. manufacturing jobs and is targeting the start of production in 2027.

Cummins-Meritor®, a leading provider of integrated drivetrain solutions, today announced the return of their live, in-person aftermarket parts training sessions, open to technicians nationwide. The 2024 Regional Training program focuses on maintenance and repair of heavy-duty commercial vehicle brakes, including both cam and air disc brake systems. From June through November, training events will be hosted across 14 cities in the United States: Lakeland, FL, Atlanta, GA, Long Island, NY, Birmingham, AL, Deerfield Beach, FL, Novi, MI, Louisville, KY, Pittsburgh, PA, Seattle, WA, Minneapolis, MN, Syracuse, NY, Philadelphia, PA, Baltimore, MD, and Arlington, TX.

Cummins Inc. (NYSECMI) announced today that Senior Vice President Tony Satterthwaite will retire, effective September 2024, after 36 years in leadership positions with the company.

Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], has launched the next generation of several of its cutting-edge decarbonizing technologies that are shaping the future of clean transportation. New versions of its hydrogen fuel cell engines, a high efficiency eAxle, and its next-generation batteries are among the new products Accelera unveiled at this year’s Advanced Clean Transportation (ACT) Expo on May 20 in Las Vegas.

Today at the Indianapolis Motor Speedway (IMS), Cummins Inc. (NYSECMI) and Valvoline Global Operations celebrate Andrew McDougall – who was honored with the 2024 Louis Schwitzer Award for his Xtrac Electric Servo Actuator, which has been adopted by the NTT INDYCAR® SERIES. In addition to the award, Cummins, Valvoline Global, and the Indiana Section of the Society of Automotive Engineers (SAE) International presented Andrew McDougall with a $10,000 prize.

At a meeting with analysts and shareholders today, members of the leadership team of Cummins Inc. (NYSECMI), shared the Company’s plans to raise its long-term financial expectations, relative to its prior Analyst Day, and deliver increasing returns to shareholders.

The Board of Directors of Cummins Inc. (NYSECMI) today declared a quarterly common stock cash dividend of 1.68 dollars per share, payable on June 6, 2024, to shareholders of record on May 24, 2024.

Cummins Inc. (NYSECMI) and Isuzu Motors Limited (hereinafter “Isuzu”), a leading global truck manufacturer headquartered in Japan, are launching a new 6.7-liter engine jointly developed by the two companies, designed for use in Isuzu’s new medium-duty truck lineup. The “Isuzu DB6A” will power on-highway truck applications built for the Japanese market and will be available for the Asia Pacific markets and other global markets later this year. The engine will be assembled at Isuzu’s engine plant in Tochigi Prefecture, Japan.

Cummins Inc. (NYSECMI) today reported results for the first quarter of 2024.

Today, Cummins Inc. (NYSECMI) named Alison Trueblood Vice President – Cummins Emissions Solutions, effective May 1.

Today, Cummins Inc. (NYSECMI) (“Cummins”) announced the final results of its previously announced offer to its shareholders to exchange their shares of Cummins common stock for shares of Atmus Filtration Technologies Inc. NYSE: ATMUNYSEATMU)

Today, Cummins Inc. (NYSECMI) (“Cummins”) announced that, based on preliminary results, its previously announced offer to its shareholders to exchange their shares of Cummins common stock for shares of Atmus Filtration Technologies Inc. NYSE: ATMUNYSEATMU)

Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSECMI), has reached a significant milestone by successfully commissioning its first fuel-cell-powered locomotive for freight rail applications. Replacing typical diesel generators, Accelera fuel cells now serve as the primary power unit in the conversion project of a light On Track Machine (OTM) Vehicle in Austria developed for the HY2RAIL project.

Today, Cummins Inc. (NYSECMI) (“Cummins”) announced the final exchange ratio for its previously announced split-off exchange offer to Cummins shareholders to exchange their shares of common stock of Cummins for shares of common stock of Atmus Filtration Technologies Inc. NYSE: ATMUNYSEATMU)

Today, Cummins Inc. (NYSECMI) announced it will launch its most efficient heavy-duty diesel engine ever. As the next product in the Cummins HELM™ 15-liter fuel agnostic platform, the diesel X15 will be compliant with U.S. EPA and CARB 2027 aligned regulations at launch. The next generation X15 diesel engine in North America will serve the heavy-duty on-highway market.

Cummins Inc. (NYSECMI) announced today the appointment of four leaders to the role of vice president, effective March 1 – Ricardo Roman, Michelle Probst, Gbile Adewunmi and Matt McQueen – in addition to Ashwath Ram, who was appointed Vice President in January.

Today, Cummins Inc. (NYSECMI) (“Cummins”) announced that it will commence an exchange offer to fully split off its remaining interest in Atmus Filtration Technologies Inc. NYSE: ATMUNYSEATMU)

The Board of Directors of Cummins Inc. (NYSECMI) today declared a quarterly common stock cash dividend of 1.68 dollars per share, payable on March 7, 2024, to shareholders of record on February 23, 2024.

Today, Cummins Inc. (NYSECMI) announced the election of John H. Stone to its Board of Directors.

Cummins Inc. (NYSECMI) today reported fourth quarter and full year 2023 results.

Cummins Inc (NYSECMI) has reached an agreement in principle to resolve U.S. regulatory claims regarding its emissions certification and compliance process for certain engines primarily used in pick-up truck applications. The company has cooperated fully with the relevant regulators, already addressed many of the issues involved, and looks forward to obtaining certainty as it concludes this lengthy matter. Cummins conducted an extensive internal review and worked collaboratively with the regulators for more than four years. The company has seen no evidence that anyone acted in bad faith and does not admit wrongdoing.

Accelera™ by Cummins, the zero-emissions technology business segment of Cummins Inc. [NYSE: CMI], has named Brian Wilson as General Manager – eMobility and Andreas Lippert as Vice President and General Manager – Electrolyzers, continuing to strengthen its ability to lead customers through the energy transition. Wilson and Lippert each have several decades of industry and technology expertise to drive Accelera toward its mission of securing a sustainable future for the industries that keep the world running.

Today, Cummins announced several changes to the Cummins Leadership Team. These appointments are effective Jan. 1, 2024.

Cummins Inc. (NYSECMI) today reported results for the third quarter of 2023.

Today, Cummins announced that Amy Davis will assume leadership of both the Accelera and Components Business Segments, serving as Vice President and President – Accelera and Components, effective November 1.

Today, Cummins Inc. (NYSECMI) announced that Mahesh Narang, Cummins Vice President and President of the Components Business, is departing Cummins on Oct. 27 to pursue an external opportunity. Mahesh served in a variety of business leadership roles during his more-than 20-year career at Cummins.

Please replace the release with the following corrected version due to multiple revisions.

The Board of Directors of Cummins Inc. (NYSECMI) today declared a quarterly common stock cash dividend of 1.68 dollars per share, payable on December 7, 2023, to shareholders of record on November 24, 2023.

Today, Cummins Inc. (NYSECMI) announced the election of Daniel W. Fisher to its Board of Directors.

Today, Cummins Inc. (NYSECMI) announced the unveiling of its first combined solution to leverage solutions from its Cummins-Meritor portfolio engineered specifically for the demands of wheeled defense vehicles. This proof-of-concept drivetrain will be unveiled at the 2024 Annual AUSA Conference in Washington, DC, October 9-11.

Cummins Inc. (NYSECMI) today announced that Cummins Emission Solutions completed its acquisition of two Faurecia commercial vehicle manufacturing plants and their related activities, one in Columbus, Indiana (U.S.), and one in Roermond, Netherlands. Faurecia is a global automotive technology leader and company of the FORVIA Group.

Cummins Inc. (NYSECMI), a global power solutions provider and Terex® Advance, leading manufacturer of front-discharge concrete mixer trucks, announced today the signing of a Letter of Intent (LOI) to integrate Cummins’ X15H hydrogen internal combustion engines into the Terex Advance Commander Series.

Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC (a Daimler Truck Group Company; DAX: DTR0CK; “Daimler Truck”) and PACCAR [NASDAQ: PCAR] are partnering to accelerate and localize battery cell production and the battery supply chain in the United States. The planned joint venture will manufacture battery cells for electric commercial vehicles and industrial applications, creating highly desirable U.S. manufacturing jobs in the growing clean technology sector. Total investment is expected to be in the range of $2-3 billion for the 21-gigawatt hour (GWh) factory.

Today, Cummins Inc. (NYSECMI) announced that Tracy Embree, Cummins Vice President and President of the Distribution Business, is leaving Cummins on September 8 to pursue an external opportunity. Tracy served in a variety of leadership roles during her distinguished 23-year career at Cummins.

Accelera™ by Cummins, the zero-emission business segment of Cummins Inc. (NYSECMI), is powering North America’s first hydrogen passenger train, marking a major milestone and significant step forward in the transition to clean urban transportation in the Americas. The train, the Coradia iLint, is manufactured by Alstom, the global green and smart mobility leader.

Cummins Inc. (NYSECMI) today reported results for the second quarter of 2023.

Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSECMI), and Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, recently premiered the next-generation Vision electric school bus at STN Expo West in Reno, Nevada, a leading student transportation industry and technology event in North America.

Cummins Inc. (NYSECMI) 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.

The Board of Directors of Cummins Inc. (NYSECMI) 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 years.

Cummins Inc. (NYSECMI) 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.

Today, Cummins Inc. (NYSECMI) announced a new line of Onan RV and Commercial Mobile generators compliant with California Air Resource Board (CARB) Small Off-Road Engines (SORE) 2024 standards. The current spark-ignited product portfolio will be certified to the new regulations. The Onan Quiet Gas portfolio has undergone some mechanical changes and engine calibration adjustments to reach the significant emissions reductions targets. Cummins is also introducing an entirely new generator platform to the Quiet Gas series called Onan QG 4000i.

Cummins Inc. (NYSECMI) today announced it has entered into a definitive agreement with Faurecia, a company of the FORVIA Group, to purchase two of Faurecia’s commercial vehicle manufacturing plants and their related activities for EUR142 million. The manufacturing facilities are located in Columbus, Indiana (U.S.), and Roermond, Netherlands.

Fifth paragraph, first sentence of release should read: X15 (instead of X15N).

Accelera ™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSECMI), today marked the start of operations for electrolyzer production in Fridley, Minnesota – its first electrolyzer production site in the United States. U.S. Department of Energy Secretary Jennifer Granholm, Minnesota Governor Tim Walz, and other federal, state and local U.S. officials joined the ribbon cutting ceremony at the site, underscoring the momentum of the green hydrogen economy and importance of continued innovation in clean tech.

The Board of Directors of Cummins Inc. (NYSECMI) today declared a quarterly common stock cash dividend of 1.57 dollars per share, payable on June 1, 2023, to shareholders of record on May 19, 2023.

Cummins Inc. (NYSECMI) and Accelera™ by Cummins, Cummins' zero-emissions technology brand, will showcase a variety of technologies in their booth at Advanced Clean Transportation Expo (May 2 to 4, Anaheim, California). The line-up emphasizes the role that hydrogen will play as part of Destination Zero, Cummins’ strategy to go further, faster to reduce greenhouse gas (GHG) and air quality impacts of its products and reach zero emissions by 2050. The company will showcase technologies across the hydrogen value chain, including electrolyzers to produce hydrogen that can power both a hydrogen-fueled internal combustion engine (H2-ICE) concept truck and a fuel cell electric powertrain.

Cummins Inc. (NYSECMI) today reported results for the first quarter of 2023.

Global power leader Cummins Inc. (NYSECMI) announced today that it has signed a definitive agreement with Tata Motors Limited (TML), to manufacture a range of low- to zero-emissions technology products in India over the next few years. The definitive agreement was signed by Jennifer Rumsey, President and Chief Executive Officer, Cummins Inc., and Girish Wagh, Executive Director, Tata Motors, at Cummins Inc. headquarters in Columbus, Indiana, USA. Senior officials and dignitaries from Cummins, the company’s India leadership team and Tata Motors were present during the signing of the agreement.

On Monday, April 3, President Biden will visit Cummins Inc. (NYSECMI) in Fridley, Minnesota (USA) as part of his Administration’s Investing in America tour. During the visit, President Biden will discuss how his Investing in America agenda is supporting manufacturing, innovation and a clean energy economy, as well as creating good-paying jobs in communities like Fridley and across the country.

Global power and technology leader, Cummins Inc. (NYSECMI) unveiled its new office location, the Cummins Atlanta Hub (CAH), located in Atlanta, Georgia. The Hub will continue supporting the future success and growth of Cummins, initially serving as the home for the supply chain planning group and members of the information technology team, with more groups to follow in the future. The new project is a direct reflection of Cummins’ commitment to powering a more prosperous world through improving communities in which it operates to have a direct impact on the lives of its employees and its neighbors.

Accelera™ by Cummins, a business segment of Cummins Inc. (NYSECMI), will supply a 90-megawatt (MW) proton exchange membrane (PEM) electrolyzer system for Varennes Carbon Recycling’s (VCR) plant in Quebec, Canada – a key step in advancing North America’s green hydrogen economy.

Today, Cummins Inc. (NYSECMI) announced that Mary Chandler, Vice President – Corporate Responsibility and Community Relations and CEO of the Cummins Foundation, is retiring later this spring and Jim Schacht, currently a member of the Corporate Responsibility Leadership Team, will succeed Mary and be promoted to Vice President of Cummins.

Global power and technology leader Cummins Inc. (NYSECMI) today announced the launch of Accelera by Cummins, a new brand for its New Power business unit. Accelera provides a diverse portfolio of zero-emissions solutions for many of the world’s most vital industries empowering customers to accelerate their transition to a sustainable future.

Cummins Inc. (NYSECMI):

Cummins Inc. (NYSECMI) announced the addition of the new PowerCommand® B-Series transfer switches to their North America product line. Consisting of 1200 amps to 3000 amps bypass-isolation transfer switches, the development of this product continues Cummins commitment to offer dependable, innovative, holistic power capabilities.

Today, Cummins Inc. (NYSECMI) announces the addition of 175kW and 200kW natural gas standby generator sets now ready to order for North American customers. These two new generator sets are a part of Cummins continual investment in new and sustainable technologies as part of Destination Zero, the company’s strategy to reach zero emissions across its products.

Cummins Inc. (NYSECMI) today announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (IPO) of newly issued common stock.

Cummins Inc. (NYSECMI) announced today that three leaders were named vice presidents, effective March 1 – Jane Beaman, Andreas Lippert and José Samperio. These appointments showcase the company’s robust succession plans and approach to leadership advancement for continued company development and success.

Today, Cummins Inc. (NYSECMI) announces its ISL9 diesel engine is now available up to 540 horsepower for military ground vehicles. The ISL9 is already proven in a wide variety of equipment; commercial on and off-highway and military vehicles like armoured personnel carriers, infantry fighting vehicles and logistical trucks.

The Board of Directors of Cummins Inc. (NYSECMI) today declared a quarterly common stock cash dividend of 1.57 dollars per share, payable on March 9, 2023, to shareholders of record on February 24, 2023.

Cummins Inc. (NYSECMI) today reported fourth quarter and full year 2022 results.

Today, Cummins Inc. (NYSECMI) announced that after 39 years with the company, Amy Boerger, Vice President and General Manager – North America On-Highway, will retire at the end of March 2023. With the announcement of her retirement, José Samperio, will assume the role of Executive Director and General Manager – North America On-Highway.

Today, Cummins Inc. (NYSECMI) 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.

Cummins Inc. (NYSECMI) 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.

Global power and technology leader, Cummins Inc. (NYSECMI) 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 agreement to acquire the business for approximately €190 million enterprise value; Cummins subsequently completed its acquisition of Meritor in August 2022.

Cummins Inc. (NYSECMI) has taken a minority stake in Exergy Energy, LLC.

Cummins Inc. (NYSECMI) 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).