Cummins Inc. (NYSE: CMI) today reported results for the fourth quarter of 2020.
Fourth quarter revenues of $5.8 billion increased 5 percent from the same quarter in 2019. Sales in North America were flat while international revenues increased 12 percent driven by strong demand in China truck and construction markets as well as the growth in new product sales in India.
Today, Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited (Isuzu) announced agreements for a global mid-range diesel powertrain and an advanced engineering collaboration, marking another step forward in the Isuzu Cummins Powertrain Partnership (ICPP). The partnership, formed in May 2019, formalized a business structure for the two companies to evaluate and carry out opportunities to jointly develop and bring new diesel and alternate powertrains to global markets.
This article outlines two key exhaust emission regulations focused on diesel engines often used in upstream oil and gas activities. These are the diesel engines often used in equipment such as cementers, blenders, mixers, mud pumps and frac rigs you would see in upstream oil and gas activities.
A ferry that only emits water transporting people across waterways? This will now be possible thanks to Cummins hydrogen fuel cells that are being integrated into North America’s first commercial hydrogen fuel cell powered, zero emissions ferry (ZEF). Quiet and emissions free, the vessel, named “Sea Change,” marks another crucial milestone in the commercialization of zero emissions marine vessel power.
"I am thrilled to have Tony join the Chairman's office and confident he's the right leader for this role, given the significant opportunities in front of us," said Tom Linebarger, Chairman and CEO, Cummins Inc. "Tony understands our business at all levels and has a truly global view, having lived for extensive periods in Asia, Europe, and the U.S. He's a well-respected leader, strategist, mentor and thinker and an asset to our company."
Cummins Inc. (NYSE: CMI) announced today that several leaders were appointed to new key roles, effective March 1. These appointments are consistent with the company’s approach to leadership development and succession planning to ensure the company is best positioned for continued growth and success.
“The world is rapidly changing and we need strong leaders who excel at both strategy and execution to ensure our company, employees and communities can continue to thrive,” said Tom Linebarger, Chairman and CEO, Cummins Inc.
When he’s not fixing engines, you can find Austin Kolas outdoors — no matter the season. Whether he’s hunting, fishing or transforming his 1986 Ford Ranger into a drag car, he’s either working on a car or somewhere deep in the woods of Western Pennsylvania year-round.
Reflecting on 2020 certainly comes with mixed emotions. It was a year like we have never experienced, both in business and in our world. Through it all, Cummins overcame obstacles to continue to build and finetune our capabilities and advance our alternative power portfolio to provide hope for a more sustainable tomorrow.
Gamefisherman's largest build yet
Game on! The tournament-winning boat builders from Gamefisherman have launched their largest build to date, the 50 Express. Equipped with Onan generators, the 50 Express is personalized for tournament sportfishing with customizable options, cold-molded mahogany and is available in three styles: coupe, walkaround and flybridge.
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