The world population has grown to nearly 8 billion people and is anticipated to reach 9 billion people by 2040. With such growth, global energy demand is expected to increase by 15% in the coming decades. 1 That means all available fuel solutions will be necessary to meet the increased demand for affordable energy. Biodiesel is one of those solutions.

In 2022, Cummins Inc. proudly celebrated the opening of a new microgrid laboratory, the Power Integration Center (PIC), at their campus in Fridley, MN. The PIC is one of the largest and most configurable microgrid testing facilities in the world. Regardless of your power system needs (hypothetical or planned), this marvel of a facility is built to test those possibilities in a zero-risk environment. 

Cummins has always strived to be on the leading edge of technology. Our company was given the chance to discuss that commitment this month at the Business Analytics Forum 2015 hosted by the Indiana University Kelley School of Business. Michael King – Director, Enterprise Business Intelligence, spoke at the event on how devices that work through the internet can improve safety.

Today, Cummins Inc. (NYSE: CMI) announced the election of John H. Stone to its Board of Directors.  “I am delighted to welcome John to our Board of Directors,” said Jennifer Rumsey, Chair and CEO, Cummins Inc. “John joins our board with deep expertise in our industry and leading strategic, technology-led growth and expansion initiatives, which will be an asset to us as we continue to execute our growth strategy and lead our industry through the energy transition.”

The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.68 dollars per share, payable on March 7, 2024, to shareholders of record on February 23, 2024.

Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced that it will commence an exchange offer to fully split off its remaining interest in Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”). In May 2023, Atmus completed its initial public offering where 19.5%, or 16,243,070 shares, of Atmus’ common stock was sold, with Cummins retaining the remaining 80.5% of Atmus’ common stock.

Valvoline Global, a worldwide leader in automotive and industrial solutions, and Cummins Inc., a global power leader, announced a major milestone of their longstanding partnership.  This year marks the 30th anniversary of a comprehensive partnership for the world-class brands.  Like all good collaborations, it continues to move both companies forward. 

Cummins Inc. (NYSE: CMI) announced today the appointment of four leaders to the role of vice president, effective March 1 – Ricardo Roman, Michelle Probst, Gbile Adewunmi and Matt McQueen – in addition to Ashwath Ram, who was appointed Vice President in January.