(Aug. 13, 2018) — Cummins Inc. has announced that it will repurchase $500 million of the company’s common stock.
(Aug. 10, 2018) — Cummins said Wednesday it has entered into a $500 million accelerated stock repurchase agreement with Goldman Sachs & Co. LLC.
(July 31, 2018) — Columbus-based manufacturer Cummins Incorporated recently reached a settlement with JM Turbo Technology Corporation precluding the manufacture or sale of products that infringe Cummins patents.
(July 3, 2018) — Cummins announced that it is acquiring Silicon Valley-based Efficient Drivetrains, Inc. (EDI), which designs and produces hybrid and fully-electric power solutions for commercial markets. Adding EDI to the Cummins portfolio is the latest step forward in Cummins’ efforts to become a global electrified power leader.
(May 16, 2018) — Cummins will begin trading ex-dividend on May 17. A cash dividend payment of $1.08 per share is scheduled to be paid on June 1.
(May 14, 2018) — Cummins and Anhui Jianghuai Automobile Co. Ltd. announced today that the two parties will form a 50:50 joint-venture after Cummins purchased Navistar’s 50 percent equity of the JAC-Navistar Diesel Engine Company.
(May 2, 2018) — Cummins Inc. has raised its full-year revenue projections after reporting a stronger first quarter of sales compared to last year.
(May 1, 2018) –Cummins Inc. (CMI) has reported first-quarter earnings of $325 million.
(March 21, 2018) — Cummins is repositioning itself in the heavy-duty marketplace with a new name for its expanding portfolio of motive technologies. The new name, Cummins Integrated Power, denotes both the company’s expertise in technology integration and its reach into different alternative fuel segments, including diesel, natural gas, hybrid and battery-electric.
(March 20, 2018) — Addressing the Business Roundtable organization Tuesday morning in Washington, D.C., Cummins CEO Tom Linebarger says his company is dependent not just trade with other countries, but primarily China.
(March 20, 2018) — Cummins has partnered with the Federal Alliance for Safe Homes (FLASH) as a corporate sponsor of #HurricaneStrong, a national hurricane resilience initiative to empower the public with hurricane safety and mitigation information.
(March 8, 2018) — The Columbus-based engine maker said it will invest more than $10 million to partner with eight not-for-profits that do work in more than 10 different countries “to make a larger, more sustainable and long-lasting impact.”
(March 5, 2018) — Among the recipients is Doug Owens, Columbus, who was honored for the controls and engine architecture that improved diesel particulate filter regeneration while minimizing deposits, the company said.
(Feb. 21, 2018) — Cummins announced that it will be releasing a five-part video series that highlights the benefits of diesel powered motorhomes compared to their gasoline counterparts.
(Feb. 21, 2018) — Cummins Inc. has promoted Melina Kennedy to executive director – pickup business and Regina Barringer will succeed Kennedy as general manager, global rail and defense.
(Feb. 14, 2018) — Cummins declared a quarterly dividend on Feb. 13. Shareholders of record on Feb. 23 will be given a dividend of 1.08 per share on March 8.
(Feb. 6, 2018) — Fourth quarter revenues of $5.5 billion increased 22 percent from the same quarter in 2016. Strong demand for trucks, construction and mining equipment drove the majority of the revenue increase. Sales in North America and international markets both increased by 22 percent.
(Jan. 31, 2018) — “This collaboration with Cummins is an important step for us,”said Robert MacLeod, chief executive, Johnson Matthey. “It will enable us to grow our position in high energy battery materials, particularly for heavy duty applications.”
(Dec. 21, 2017) — The U.S. Department of Defense has awarded a multi-million contract boost to Columbus-based Cummins
(Dec. 20, 2017) — Cummins announced the new RS125 and RS150 models in the QuietConnect series.