Cummins Inc. today announced the acquisition of assets of First Mode, a leader in retrofit hybrid solutions for mining and rail operations. The acquisition includes hybrid mining and rail product lines, and the full IP portfolio which includes hydrogen and battery powertrain solutions. This technology represents the first commercially available retrofit hybrid system for mining equipment, significantly reducing total cost of ownership (TCO) while advancing decarbonization in operations.

The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of one dollar and eighty-two cents ($1.82) per share. The dividend is payable on March 6, 2025, to shareholders of record on February 21, 2025.

As part of the Cummins HELM™ Platforms—Higher Efficiency, Lower Emissions, and Multiple Fuels—Cummins Inc. has introduced the 2027 X15, designed to help fleets achieve their decarbonization goals without compromising performance. With cutting-edge technology, a steadfast commitment to emissions reduction and a century-long legacy of innovation, Cummins continues to set the standard for reliable, fuel-efficient engines built for the future.

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