(Feb. 25, 2016) — The new chief technical officer for Cummins, Inc. is working to build on the legacy of her predecessor, with an eye on new technological frontiers for the Columbus-based company.
(Feb. 23, 2016) — A larger, better-designed parts distribution centre in Mississauga will help Cummins Eastern Canada better support its dealers and serve its customers.
(Feb. 16, 2016) — Cummins Inc. today announced that the company is reorganizing its manufacturing operations, as part of its plan to adjust to weak global demand for power generation equipment. These moves will help best position the company for long-term success.
(Feb. 10, 2016) — Cummins declared a quarterly dividend on Feb. 9. Stockholders of record on Feb. 19 will be given a dividend of 0.975 per share on March 1. This represents a $3.90 dividend on an annualized basis and a dividend yield of 3.91%.
(Feb. 9, 2016) — Cummins announced on Tuesday that it has entered into an accelerated share repurchase agreement with Goldman, Sachs & Co. to repurchase $500 million of Cummins’ common stock.
(Feb. 5, 2016) — Cummins announced its earnings results on Feb. 4. The company reported $2.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.11 by $0.09, Market Beat Ratings reports.
(Feb. 4, 2016) — Cummins will release its 2015 fourth-quarter and end-of-year earnings today, and company Chairman and Chief Executive Officer Tom Linebarger and other executives will participate in a conference call with investors and analysts afterward at 10 a.m.
(Jan. 18, 2016) — Cummins Jamestown, N.Y., Engine Plant employees in a single year gave $217,757.16 to more than 300 charities.
(Jan. 6, 2016) — Between 10-15 professional positions at Cummins Jamestown Engine Plant were cut in a nationwide reduction of employees, according to plant manager Mike Abbate.
(Jan. 4, 2016) — Cummins has announced it has received certification for its lineup of on-highway diesel and natural gas engines from the Environmental Protection Agency.
(Dec. 18, 2015) — Columbus based Cummins has secured a nearly $21.5 million contract from the U.S. Department of Defense. The work involves up to 160 diesel engines.
(Dec. 14, 2015) — Cummins will skip the remaining four years on its lease of the former Sears store downtown and instead buy the former retail space by the end of this month.
(Dec. 11, 2015) — Cummins is restructuring its engine business, consolidating and streamlining some functions into its global organization.
(Nov. 23, 2015) — Cummins Inc. employees in Columbus began receiving word late last week that their positions have been eliminated, a company spokesman said.
(Nov. 17, 2015) — Cummins Director Leo Allen Bruno V. Di acquired 1,500 shares of the stock in a transaction on Nov. 16 for a total of $149,280.
(Nov. 13, 2015) — Cummins declared a quarterly dividend on Oct. 13, according to Inter Cooler. Stockholders of record on Nov. 20 will be given a dividend of 0.975 per share on Dec. 1.
(Nov. 11, 2015) — Cummins Inc. plans to repurchase shares of its stock in an effort to drive shareholder value while facing the likelihood of a significant revenue decline next year.
(Nov. 10, 2015) — The Cummins Board of Directors approved a new $1 billion share repurchase program, effective today, to commence upon the completion of the existing $1 billion share repurchase program, which was approved in July 2014.
(Nov. 6, 2015) — In a plenary address at the BSR Conference 2015, Tom Linebarger, chairman and chief executive officer of Cummins, explored how resilience can help build a better world.
(Oct. 27, 2015) — Diesel engine maker Cummins posted a lower-than-expected quarterly profit and said it would lay off up to 2,000 people as global economic weakness continued to weigh on its international sales.