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Publish date: 11/01/2016
Third quarter revenues of $4.2 billion, EBIT of 9.5 percent of sales, GAAP1 net income of 6.9 percent of sales, Diluted EPS of $1.72 Expects full year 2016 revenues to be down 9 percent, unchanged Full year 2016 EBIT expected to be 11.3 percent of sales, compared to prior guidance of 11.6 to 12.2 percent COLUMBUS, Ind.--(BUSINESS WIRE)--Nov. 1, 2016-- Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2016. Third quarter revenues of $4.2 billion decreased 9 percent from the same
Publish date: 10/12/2016
SEATTLE, WA. October 12 - Cummins Sales and Service announced the opening of a new Alaska service location on Kodiak Island that will serve as a service and support location for commercial marine applications, as well as for on-highway trucks and power generation customers. The Cummins commitment to year-round support in Kodiak was based on valued feedback from customers, an increased Cummins engine population in Alaska and recognition of the Port of Kodiak as a go-to port playing a significant role in the state's economy. The Service Team based out of Alaska understands the importance of equipment and vessel up-time and is well
Publish date: 10/11/2016
COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 11, 2016-- The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.025 dollars per share, payable on December 1, 2016, to shareholders of record on November 21, 2016. About Cummins Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and
Publish date: 10/05/2016
Engines Offer Improved Performance and Fuel-Efficiency with Reduced Emissions COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 5, 2016-- Cummins Inc. (NYSE: CMI) rolled out the latest generation Heavy Duty engine, the 2017 X15, at its Jamestown Engine Plant in Jamestown, NY. The 2017 X15 is a game-changer in terms of reliability and fuel economy. The next-generation X15 heavy-duty engines exceed U.S. Environmental Protection Agency (EPA) 2017 greenhouse gas (GHG) and fuel-efficiency standards, with lower fuel consumption, extended service intervals,
Publish date: 09/01/2016
Innovative Research Team will Develop Cost-Effective Truck and Powertrain Technologies that Significantly Increase Fuel-Efficiency COLUMBUS, Ind.--(BUSINESS WIRE)--Sep. 1, 2016-- Cummins Inc. (NYSE: CMI) announced today that it will partner with Peterbilt Motors Company, a division of PACCAR (Nasdaq: PCAR) to develop and demonstrate technologies under the U.S. Department of Energy (DOE) SuperTruck II program. “Cummins and the entire team is focused on developing technologies that can transform the industry and help our customers be more successful