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Publish date: 11/10/2018
Plant on track for record year of production Facility currently has more than 50 jobs available across all shifts CHARLESTON, S.C.--(BUSINESS WIRE)--Nov. 9, 2018-- Cummins Inc. (NYSE: CMI) announced its Charleston Turbo Plant has produced its 5 millionth turbocharger, marking a significant milestone at the plant which is on track for a record year of production. “This plant doesn’t just make turbochargers. We manufacture reliability, assurance, dependability and trust for our customers,” said Shon Wright, General Manager of Cummins Turbo Technologies. “I commend our employees
Plant on track for record year of production Facility currently has more than 50 jobs available across all shifts CHARLESTON, S.C.--(BUSINESS WIRE)--Nov. 9, 2018-- Cummins Inc. (NYSE: CMI) announced its Charleston Turbo Plant has produced its 5 millionth turbocharger, marking a significant milestone at the plant which is on track for a record year of production. “This plant doesn’t just make turbochargers. We manufacture reliability, assurance, dependability and trust for our customers,” said Shon Wright, General Manager of Cummins Turbo Technologies. “I commend our employees
Publish date: 11/02/2018
MINNEAPOLIS--(BUSINESS WIRE)--Nov. 1, 2018-- Cummins Inc. (NYSE: CMI) announced today that Garry Enyart, Director of Cummins Mobile Generator Business, has been elected Chairman of the board for the RV Industry Association (RVIA). Enyart began his career with Cummins in 1972 and became involved in the RV industry in 1978 as a sales representative. Many of the RV OEM accounts and people he called on back then are still people he works with today. “Cummins has a long history of providing support to the RV Industry.
MINNEAPOLIS--(BUSINESS WIRE)--Nov. 1, 2018-- Cummins Inc. (NYSE: CMI) announced today that Garry Enyart, Director of Cummins Mobile Generator Business, has been elected Chairman of the board for the RV Industry Association (RVIA). Enyart began his career with Cummins in 1972 and became involved in the RV industry in 1978 as a sales representative. Many of the RV OEM accounts and people he called on back then are still people he works with today. “Cummins has a long history of providing support to the RV Industry.
Publish date: 10/30/2018
Third quarter revenues of $5.9 billion GAAP1 Net Income of $692 million and Diluted EPS of $4.28 Record EBITDA of $983 million or 16.5 percent of sales Full year revenues expected to increase 15 to 17 percent Full year EBITDA is expected to be 14.8 to 15.2 percent of sales COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 30, 2018-- Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2018. Third quarter revenues of $5.9 billion increased 12 percent from the
Third quarter revenues of $5.9 billion GAAP1 Net Income of $692 million and Diluted EPS of $4.28 Record EBITDA of $983 million or 16.5 percent of sales Full year revenues expected to increase 15 to 17 percent Full year EBITDA is expected to be 14.8 to 15.2 percent of sales COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 30, 2018-- Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2018. Third quarter revenues of $5.9 billion increased 12 percent from the
Publish date: 10/30/2018
COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 29, 2018-- Cummins Inc. (NYSE: CMI) and Hyundai Construction Equipment (HCE) announced today they have jointly developed an electric powered mini excavator. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181029005466/en/ "As electric vehicles continue to expand their share in the automotive market, we are simultaneously seeing the electrification of commercial
COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 29, 2018-- Cummins Inc. (NYSE: CMI) and Hyundai Construction Equipment (HCE) announced today they have jointly developed an electric powered mini excavator. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181029005466/en/ "As electric vehicles continue to expand their share in the automotive market, we are simultaneously seeing the electrification of commercial
Publish date: 10/10/2018
COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 9, 2018-- On October 9, The Board of Directors of Cummins Inc. (NYSE: CMI) authorized the Company to repurchase up to $2 billion in shares of common stock upon completion of its 2016 $1 billion share repurchase program. The Board of Directors also declared a quarterly cash dividend on common stock at 1.14 dollars per share, payable on December 3, 2018 to shareholders of record on November 15, 2018. "The latest share repurchase program and dividend reinforces our commitment to delivering strong returns to shareholders and reflects our
COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 9, 2018-- On October 9, The Board of Directors of Cummins Inc. (NYSE: CMI) authorized the Company to repurchase up to $2 billion in shares of common stock upon completion of its 2016 $1 billion share repurchase program. The Board of Directors also declared a quarterly cash dividend on common stock at 1.14 dollars per share, payable on December 3, 2018 to shareholders of record on November 15, 2018. "The latest share repurchase program and dividend reinforces our commitment to delivering strong returns to shareholders and reflects our