Fourth quarter revenues of $6.1 billion increased 12 percent from the same quarter in 2017. Increased truck production in North America and stronger demand in global construction and power generation markets drove the majority of the revenue increase. Currency negatively impacted revenues by 2 percent primarily due to a stronger US dollar.
Fourth quarter sales in North America improved by 17 percent while international revenues increased by 6 percent led by growth in Europe, Asia Pacific, and Latin America.
The Innovation Gateway is looking for new ideas that will help Cummins meet its goals around water, waste, energy and recycling. Those judged to have the best proposals will advance to the gateway finals, 9 a.m. to 1 p.m. April 8 at the Columbus Commons, 300 Washington St., Columbus, Indiana (U.S.A.).
MUNICH, GERMANY – Stage V continues to be a key focus for Cummins Inc. (NYSE: CMI) at Bauma 2019.
Cummins Inc. (NYSE: CMI) will celebrate its 100th anniversary at the Bauma show April 8 – 14, in Munich. Visitors coming to stand A4.325 will see where it all started, with the company’s first engine known as the HVID. It will be shown alongside the latest B6.7 2019 Stage V engine, highlighting 100 years of engine innovation.
With a power density of up to 2.0 MW from a 78L engine, which will be displayed on stand, the HSK78G series offers reliable power no matter how extreme the fuel source or operating conditions. This new series represents a bold step into the natural gas area for Cummins, showcasing new technology in a new engine that pushes new levels of efficiency, transient performance and gas variation well beyond former natural gas generators.
Cummins Inc. (NYSE – CMI) announced that it showcased the B6.7™ Performance Series engine for the first time to the rental market at the American Rental Association Show (ARA) on booth 6513. The Performance Series are the latest industrial engines for rental construction equipment and are US Tier 4 Final and EU Stage V certified.
The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.14 dollars per share, payable on March 7, 2019, to shareholders of record on February 22, 2019.
The company, for example, expanded its use of the latest technology to capture energy from engine test cells for use at its plants. Cummins is steadily adding high-efficiency LED lighting at its manufacturing facilities, also enhancing safety. And the company recently installed solar panels at its plant in Juarez, Mexico, joining plants in Jamestown, New York; Beijing, China; and eight other Cummins’ locations drawing some of their power from the sun.
Building on their long history of collaboration, Cummins Inc. (NYSE: CMI) announced today that Kalmar, part of Cargotec, selected it to be the electrification solution provider for the electric terminal tractor offering for the European market.
Cummins Inc. (NYSE: CMI) unveiled its new ignition protected 7.5 kilowatt (kW) Onan marine generator during the 2019 Miami International Boat Show. The MDKBJ Onan marine generator meets U.S. Coast Guard 33 CFR183 requirements, and is certified to U.S. Environmental Protection Agency (EPA) Tier 3 emission standards.
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