Cummins Inc. (NYSE: CMI) today announced that its Filtration business has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (the "IPO") of newly issued common stock of the business in the United States. The number of shares to be offered and the price range for the IPO have not yet been determined. The IPO is expected to commence after the completion of the SEC review process, subject to market and other conditions.
As a summer intern at Cummins in 2019, diversity and inclusion really impacted Darryl and made him “more than ecstatic” to accept a full time offer. “Just during that summer internship, I learned a lot about the company: what the culture is like, how things work, how people interact with each other in the work environment. All of them were very positive experiences and I really enjoyed it and I love the company. That’s why I came back.” Over that summer, Darryl would hear “sometimes five, six different languages around the office” and found that fascinating.
Cummins’ broad portfolio of technology leading power solutions also includes turbochargers designed and manufactured by Cummins Turbo Technologies to power low emission natural gas engines for the medium- and heavy-duty engine markets. This is the second part of our series that will highlight two other key elements that contribute to the success of Cummins’ natural gas turbochargers.
While every patent starts with an innovative idea, Cummins leaders say many factors go into the granting of a global patent.
This goal is focused on waste minimization through material efficiency, the company’s biggest water and waste footprint in the value chain. It’s such a big challenge because there are thousands of parts in Cummins’ broad range of product offerings, which power everything from trucks, trains and marine vessels to construction equipment, farm machinery, generators and more
Watch Cummins Business Director for Energy Management Solutions, Wissam Balashe's interview with the Editor in Chief, CSE Magazine - Amara Rozgus here. In this insightful conversation, Balashe discusses what Consulting-Specifying Engineer’s (CSE) are requesting OEM manufactures for while designing energy solutions. He spoke in depth about the work done by Cummins Power Generation to meet these needs.
Article Highlights
Cummins Inc.
Levy Boats needed a reliable, powerful engine to get them through all seasons
The colder the water, the better the fish. With no point more than 67 miles from the Atlantic Ocean, commercial fishermen face brutal elements with open sea in Nova Scotia.
Fisheries for lobster, halibut and crab already have a limited season imposed by Mother Nature. Workboats employed for commercial fishing need to be up and running 24/7 during warmer months, providing every advantage for crew.
High-speed ferries need powerful engines day-in and day-out
With high-transit networks converging on both sides, ferries built for high-speed travel must be well-built, stout and powerful.
As a super volume commuter service for tourism operations, the vessel layout, speed, seakeeping ability and interior must be optimized for the mission.
Such is the case of M/V Grey Lady IV, a 151-foot aluminum catamaran ferry built by Gladding-Hearn Shipbuilding in 2016. Operated by Hy-Line Cruises, she plies the waters of Nantucket Sound throughout the year.
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