Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2022.
Second quarter revenues of $6.6 billion increased 8 percent from the same quarter in 2021. Sales in North America increased 15 percent while international revenues decreased 2 percent, driven primarily by a slowdown in China and the indefinite suspension of our operations in Russia.
Global power and technology leader, Cummins Inc. (NYSE: CMI) today announced that it has completed its acquisition of Meritor, Inc., a leading global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets.
The global power technology leader also made progress in 2021 on its goal for reducing emissions of volatile organic compounds (VOCs) from paint and coating operations and completed foundational work toward its lifecycle planning goal to create a plan for every part to use less, use better and use again.
These findings are included in the company’s recently posted 2021 Sustainability Progress Report.
Being part of a community has always been a priority for Zaira Malibran, Electrified Power Business Unit (EPBU) engineer at Cummins Inc. When she left her home in Tamaulipas, Mexico to attend the University of Texas Rio Grande Valley (UT), Malibran wasted no time finding her place on campus.
Cummins Inc. (NYSE: CMI) has partnered with A&A Genpro Inc., a Houston-based provider of premier generator services, to give back to the community by gifting a home standby generator to a local resident. A&A Genpro Inc. installed a Cummins home standby generator free of charge at the family home of Houston native and 102-year-old World War II Veteran Ray Robinson.
Built on 70 years of innovation and dependability, CTT and Holset have introduced a wide range of industry leading air handling technologies. In 2021, CTT launched the 7th generation 400 series Variable Geometry Turbocharger (VGT) to help engine manufacturers meet future emission standards and offer best in class fuel economy. At Cummins, innovation never stops as we continue to advance our current technologies, while developing new ones. With this philosophy in mind, CTT is now preparing to introduce the 8th generation HE400VGT.
Cummins Inc. (NYSE: CMI) will showcase its commitment to decarbonization at the industry’s largest tradeshow in Hannover, Germany this September. Destination Zero™ is the company’s strategy to go further, faster to reduce the greenhouse gas (GHG) and air quality impacts of its products and reach net-zero emissions by 2050.
PACCAR will work with Cummins Inc. (NYSE:CMI) to offer the new Cummins X15N natural gas engine in Kenworth and Peterbilt trucks. The X15N is the first natural gas engine to be specifically designed for heavy-duty truck applications with up to 500 horsepower output. The engine will include the integration of the Cummins Clean Fuel Technologies fuel delivery system.
Mayowa Alonge has his eyes set on the future. A native Nigerian, Mayowa realized early the role human exploration can play in impacting the environment. “I was looking to contribute, to create a movement, to make progress in that area, and I dedicated my life, my career to making advancement safer for future generations,” he said.
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