Cummins Inc. News Updates

BusinessTechnologyEquipment

Cummins Files for Possible IPO of Filtration Business

Cummins Inc. announced its filtration business confidentially submitted a draft registration statement with the U.S. Securities and Exchange Commission for a proposed underwritten initial public offering in the United States.

April 22, 2022
BusinessTechnologyEquipmentBreaking News

Cummins to Buy Parts Manufacturer Meritor for $3.7 Billion

Engine maker Cummins Inc. is acquiring components manufacturer Meritor in a $3.7 billion cash deal announced Feb. 22.

February 22, 2022
BusinessTechnologyEquipmentSafety

Cummins to Build Engines for Low-Carbon Fuels

Cummins Inc. announced it will build a new family of internal combustion engines for a range of low-carbon fuels beginning in 2024 using core components on common engine blocks, with additional components installed to handle the specific fuel.

February 15, 2022
BusinessTechnologyEquipment

Cummins to Acquire Jacobs Vehicle Systems

Altra Industrial Motion Corp. announced it entered into an agreement to sell its Jacobs Vehicle Systems business to Cummins Inc. for $325 million.

February 9, 2022
BusinessTechnologyEquipment

Cummins Q4 Net Income Falls, Revenue Flat

Cummins Inc. reported a decline in fourth-quarter net income on flat revenue as supply chain constraints continued to present headwinds.

February 3, 2022
BusinessTechnologyEquipmentFuelTop 100

Werner to Validate Cummins 15-Liter Natural Gas, Hydrogen Engines

Werner Enterprises and Cummins Inc. announced Werner will begin validation and integration of Cummins’ recently announced 15-liter natural gas and 15-liter hydrogen internal combustion engines in its vehicles.

February 1, 2022
GovernmentBusiness

Biden Gets CEO Support for Economic Agenda

WASHINGTON — President Joe Biden on Jan. 26 secured the blessing of several business leaders, including Cummins' Tom Linebarger, on his economic agenda that has stalled in the Senate, part of an effort to restart some momentum for the nearly $2 trillion in spending and tax increases that he has proposed.

January 26, 2022
BusinessTechnologyFuel

Rush Enterprises Splits Momentum Fuel Technologies With Cummins

Cummins has closed on its acquisition of a 50% equity interest in Momentum Fuel Technologies from Rush Enterprises, the companies announced Jan. 18.

January 24, 2022
BusinessTechnologyEquipment

Cummins Tackles Chip Shortage, Production Issues

Engine production issues go beyond the semiconductor chip shortage, Cummins Chief Financial Officer Mark Smith said Nov. 10 during the 51st Annual Baird Global Industrial Conference.

November 12, 2021
BusinessTechnologyEquipmentFuel

Cummins Posts Q3 Income, Revenue Gains

Cummins Inc. reported strong medium- and heavy-duty engine sales amid global growth, despite moderating demand in China, led to increased net income and revenue in the fiscal third quarter.

November 2, 2021