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Publish date: 03/04/2019
COLUMBUS, Ind.--(BUSINESS WIRE)--Mar. 4, 2019-- Cummins Inc. (NYSE: CMI) has begun delivering eight Cummins-powered all-electric vehicles to the United States Postal Service (USPS). The fully-electric Cummins PowerDrive equipped vans are expected to eliminate vehicle emissions and reduce fuel and maintenance costs. The pilot program, made possible by a grant from the California Air Resources Board to the San Joaquin Valley Air Pollution Control District (SJVAPCD) and administered by CALSTART, will place the zero-emission vehicles in Fresno and Stockton. Cummins will also provide operator
Publish date: 02/25/2019
COLUMBUS, Ind.--(BUSINESS WIRE)--Feb. 25, 2019-- Cummins Inc. (NYSE: CMI) announced the appointment of Cary Chenanda, Julie Furber, Diana Rey-Marrero and Shon Wright as Vice Presidents of the company. Cary Chenanda – Vice President, Cummins Electronics and Fuel Systems Cummins Electronics and Fuel Systems (CEFS) is a critical technology provider to Cummins, and contributes to the company’s competitiveness in a rapidly changing market. These businesses have shown dramatic improvement in both technology and profitability under Chenanda’s
Publish date: 02/12/2019
COLUMBUS, Ind.--(BUSINESS WIRE)--Feb. 12, 2019-- The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.14 dollars per share, payable on March 7, 2019, to shareholders of record on February 22, 2019. About Cummins Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from diesel and natural gas engines to hybrid and electric platforms, as well as
Publish date: 02/06/2019
Fourth quarter revenues of $6.1 billion; GAAP1 Net Income of $579 million EBITDA in the fourth quarter was 14.6 percent of sales; Diluted EPS of $3.63 Full year revenues of $23.8 billion; GAAP1 Net Income of $2.1 billion EBITDA for the full year was 14.6 percent of sales; Diluted EPS of $13.15 The company expects full year 2019 revenues to be flat to up 4 percent, EBITDA expected to be in the range of 15.75 to 16.25 percent COLUMBUS, Ind.--(BUSINESS WIRE)--Feb. 6, 2019--
Publish date: 01/25/2019
COLUMBUS, Ind.--(BUSINESS WIRE)--Jan. 25, 2019-- 2018 was a great year for Siemens Mobility’s popular Charger locomotives, which means Cummins Inc. (NYSE: CMI) employees will be keeping busy over the next few years. That’s because the locomotives will continue to use Cummins’ QSK95 Tier 4 engine systems to help deliver clean, efficient power for passenger trains. As a fitting end to an already strong year of wins for the Charger, Amtrak announced Dec. 21 that it would be purchasing 75 Charger locomotives for delivery starting in 2021. All in all, the value of Siemens Mobility