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Publish date: 07/26/2018
LAKEWOOD, N.Y.--(BUSINESS WIRE)--Jul. 26, 2018-- Today Cummins Inc. (NYSE:CMI) announced the production of the two millionth engine at its Jamestown Engine Plant (JEP) in Jamestown, New York. JEP remains one of the company’s largest manufacturing facilities; it accounted for 14.7 percent of Cummins total engine production in 2017. Cummins acquired the more than one million-square-foot facility in 1974, using it initially to manufacture engine components. Since building their first engine in 1981, production in recent years typically exceeds
Publish date: 07/11/2018
COLUMBUS, Ind.--(BUSINESS WIRE)--Jul. 10, 2018-- The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company's quarterly cash dividend on common stock from 1.08 dollars per share, to 1.14 dollars per share, payable on September 4, 2018, to shareholders of record on August 22, 2018. "The increase in our dividend reinforces our commitment to increasing returns to shareholders and reflects our confidence in our long term performance," said Tom Linebarger, Chairman and Chief Executive Officer.
Publish date: 07/03/2018
Efficient Drivetrains, Inc. Acquisition Will Accelerate Electrification Capabilities COLUMBUS, Ind.--(BUSINESS WIRE)--Jul. 2, 2018-- Cummins Inc. (NYSE: CMI) today 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. “As power needs and technologies continue to evolve, Cummins remains
Publish date: 05/22/2018
COLUMBUS, Ind.--(BUSINESS WIRE)--May 22, 2018-- DiversityInc has named Cummins Inc. (NYSE: CMI) one of the Top 50 Companies for Diversity for a 12th consecutive year. Cummins ranked No. 12 on the 2018 annual list, which included more than 1,000 participating companies. “The more we grow and expand globally, the more important it is that we attract and develop employees from around the world who have the knowledge and skills to work effectively in the markets in which we do business,” said Kelley Bertoux Creveling, Executive Director – Global
Publish date: 05/18/2018

그동안 전 세계 산업은 디젤엔진을 중심으로 발전해왔다. 하지만 최근 산업 전 분야에 에너지 다변화가 시작되고 있다. 에너지 다변화는 사용 연료 변화와 구동 장치 변화로 나눌 수 있다. 현재 업계에서 진행하고 있는 기술적인 변화는 크게 디젤 파워트레인, 천연가스 파워트레인, 하이브리드 전기, 배터리 전기, 연료전지 전기 이렇게 크게 다섯 가지로 구분해 볼 수 있다. 이 중 하이브리드, 배터리, 연료전지와 같은 전기 동력화 진행 과정은 제품군에 따라 상이하게 적용되고, 일부 제품에 대해서는 적용하는 데 많은 제한이 예상된다. 이에 진행 속도에 따라 세 단계로 나누고, 변화 과정에 영향을 주는 성장 요인과 대상 장비 그리고 지역을 분석해 보았다.