Global power leader Cummins Inc. (NYSE: CMI) announced today that it is expanding its industry-leading powertrain platforms, leveraging a range of lower carbon fuel types.

With the regulated catch quotas of contemporary fisheries, design versatility for a fishing boat can be important. A new 19.81 by 7.31-meter (65X24-foot) combination crab trap and groundfish trawler designed by NAVANEX for building by Chantier Naval Forillon, both of Gaspé, Quebec, Canada is a fine example of this. Owners, Listuguj Mi’gmaq Government, anticipate accepting delivery in April of 2022.

Cummins Inc. (NYSE: CMI) announced today a major grant of more than $1,000,000 to build Black homeowner equity in the Martindale-Brightwood neighborhood of Indianapolis. The grant was issued to Renew Indianapolis and will support an innovative program to build generational wealth while addressing gentrification in historically Black neighborhoods.  

Cummins Inc. (NYSE: CMI) and Meritor, Inc. (NYSE: MTOR) today announced that they have entered into a definitive agreement under which Cummins will acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 in cash per Meritor share, for a total transaction value of approximately $3.7 billion, including assumed debt and net of acquired cash.

At a meeting with analysts and shareholders today, members of the leadership team of Cummins Inc. (NYSE: CMI), a global power leader, shared the Company’s plans to generate profitable growth driven through leadership in the design, manufacture, and support of powertrain technology across a number of fuel types and power sources. 

Canadian bus manufacturer Letenda officially unveiled its new generation of zero-emission transit buses.

Florida Power & Light Company (FPL) today announced Cummins Inc. (NYSE: CMI) will supply a 25-megawatt (MW) electrolyzer system for the groundbreaking FPL Cavendish NextGen Hydrogen Hub – Florida’s first of its kind “green” hydrogen plant – which could lay the groundwork for a 100% carbon-free energy future.   

Cummins Inc. (NYSE: CMI) announced its new Hydrogen Fuel Cell Systems Production Center in Herten, Germany, is in operation, further driving its alternative power scale-up and enabling accelerated adoption of hydrogen technologies across Europe. The facility has an initial production capacity of 10MW per year for fuel cell system engineering and assembly. This new location adds to Cummins’ existing alternative power sites in the U.K., Belgium and Germany – enhancing critical support for European customers and strengthening its role as a global technology leader.