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Cummins Inc. plans to distribute its remaining stakes in Atmus Filtration Technologies about a year after carving out the unit in an initial public offering.

NEW ORLEANS — Hexagon Agility plans to expand its manufacturing capacity next year to meet expected demand for Cummins’ upcoming X15N natural gas fueled engine, an executive said March 4.

Cummins Inc. executives recently detailed the plans for the company’s updated X15 engine platform, including how the so-called HELM fuel-agnostic architecture got its name.

A December settlement between Cummins Inc. and the federal government pushed the engine and component manufacturer’s results into the red in the fourth quarter of 2023, it said Feb. 6.

Accelera by Cummins, Daimler Trucks & Buses US Holding and Paccar Inc. on Jan. 18 selected Marshall County, Miss., as the manufacturing site for their planned battery cell joint venture.

Cummins Inc. plans to spend $580 million on its Rocky Mount Engine Plant in North Carolina, much of it as part of the company’s decarbonization push, it said.

Cummins agreed to pay a $2 billion penalty as part of a Department of Justice investigation that determined devices that bypassed emissions sensors had been installed on Cummins engines.

Cummins Inc. posted a 64% year-over-year jump in profits in the third quarter of 2023 as the acquisition of axles and brakes specialist Meritor continued to boost the company’s bottom line.

Daimler Truck North America subsidiary Freightliner announced Oct. 5 it will offer the new Cummins X15N natural gas engine in its heavy-duty Freightliner Cascadia trucks.

Cummins Emission Solutions completed the acquisition of two Faurecia commercial vehicle manufacturing plants in Indiana and the Netherlands for $208.56 million, Cummins Inc. said.