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Cummins Inc.
Cummins sells exhaust business to Global Tube
January 25, 2011
Associated PressCummins Inc. will sell its exhaust business, which includes several plants in Wisconsin, to Global Tube, a portfolio company
of the Chicago-based private equity firm Wind Point Partners.
MoreUptick in M&A activity suggests a turnaround
January 22, 2011
Scott OlsonFourth quarter helps to bolster 2010 deal-making.
MoreCummins to build $70 million plant in Turkey
December 8, 2010
Bloomberg NewsThe company expects to employ more than 800 workers at the plant within five years, producing filters and generators for motor
vehicles.
MoreTruck manufacturing might ramp up 56 percent in 2011
November 21, 2010
Bloomberg NewsAn expected push to refresh the oldest North American commercial trucking fleet in at least 31 years should boost sales at
partsmakers like Columbus-based Cummins Inc.
MoreCummins expanding in Columbus, plans 350 jobs
October 26, 2010
IBJ StaffCummins Inc. announced Tuesday that it will expand its headquarters in Columbus, adding at least 350 professional employees
during the next 18 months to support global operations.
MoreCummins shares fall after quarterly report
October 26, 2010
IBJ Staff and Associated PressCummins Inc. reported $283 million in third quarter profit, a three-fold increase from the year-ago period, but the performance
missed analyst expectations.
MoreCourt of Appeals upholds Miller estate decision
September 30, 2010
Kathleen McLaughlinThe Indiana Court of Appeals has sided with former Columbus, Ind., banker Will Miller in an estate battle launched by his
older brother, Hugh. In an opinion issued Thursday, the court said Will Miller was correct to spend more than $20 million
over 3-1/2 years on the upkeep of properties owned by the wealthy Columbus family.
MoreCummins awarded $6.9 million Army contract
September 14, 2010
The three-year deal calls for the Columbus, Ind.-based diesel engine manufacturer to develop a power train that improves efficiency
by reducing fuel consumption and noise, and can run on a wide range of fuels and fuel mixtures.
MoreCummins' profit rises on strong overseas sales
July 27, 2010
Columbus-based diesel engine manufacturer raised its full-year earnings forecast after second quarter profit rose to $246
million.
MoreCummins gets upgrade from Moody's
July 17, 2010
IBJ StaffThe company's rating rose one notch because it has taken steps to insulate itself from economic downturns.
MoreCummins moving 100 jobs from Memphis to Mexico
July 14, 2010
Associated PressThe moves will leave about 1,400 employees of Cummins and its contract workers in the Memphis area.
MoreCummins to expand Seymour plant, add 200 jobs
July 9, 2010
Kathleen McLaughlinCummins said it will invest $100 million in the Seymour plant as it rolls out a new, larger-displacement engine.
MoreCummins looks to boost India sales by 40 percent
June 28, 2010
Bloomberg NewsCummins Inc., the Columbus-based maker of diesel truck engines and generators, expects to boost India sales about 40 percent
this year as economic growth spurs road traffic and demand for electricity.
MoreHoosier firms that rely on innovation pine for patent reform
June 26, 2010
J.K. WallOne key change would grant patents to the first inventor to file an application, not the first who can prove to have made
the invention first.
MorePROXY CORNER: Cummins Inc.
June 26, 2010
IBJ StaffCummins Inc. designs and manufactures diesel engines for automotive and industrial markets.
MoreCummins in position to benefit from new fuel standards
June 12, 2010
Kathleen McLaughlinCummins Inc. is counting on fuel-efficient technology to be a major driver of its future growth. While the company is keeping
its new diesel-engine prototypes under wraps, it is open about its strategy of urging environmental regulators to roll out
increasingly strict standards.
MoreMiller brothers who shared in fortune fighting over $3 million
June 5, 2010
Kathleen McLaughlinJ. Irwin Miller’s two sons have been battling for years over who should have paid expenses on the wealthy Columbus family’s
homes and businesses, but their fight isn’t about the money—especially after they inherited at least $20 million
apiece.
MoreCity hosting U.S.-China vehicle summit
May 24, 2010
Event will bring together a delegation of Chinese automakers and Indiana manufacturers to explore business opportunities relating
to hybrid and electric vehicles.
MoreCummins profit jumps on demand from emerging markets
April 27, 2010
Scott OlsonThe Columbus-based engine maker sees sales increase in developing countries such as China, India and Brazil.
MoreCummins cuts CEO's pay by nearly one-quarter
March 24, 2010
Peter SchnitzlerColumbus-based engine maker Cummins trimmed Solso's total compensation by $2.3 million last year; remainder of management
team took
similar pay cuts.
MoreCummins expects profit to grow 10 percent a year
March 16, 2010
Bloomberg NewsColumbus-based Cummins Inc., North America’s largest maker of heavy-duty diesel truck engines, expects pretax profit
to increase 10 percent a year and sales to grow 13 percent annually over the next five years.
MoreThree Indiana companies among world's most admired
March 5, 2010
Brightpoint, WellPoint and Cummins are recognized by Fortune magazine as being among the best in their industries.
MoreNew emissions standards drive up Cummins profit
February 2, 2010
Kathleen McLaughlinColumbus-based diesel engine maker Cummins Inc. posted its most profitable fourth quarter in company history, thanks to a
rush on engines that won't have to conform to new emission standards.
MorePickens' natural-gas plan may prove boon to truck builders
January 22, 2010
Bloomberg NewsConverting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T.
Boone Pickens says.
MoreCummins gets $54M to improve fuel efficiency
January 11, 2010
IBJ Staff and Associated PressColumbus engine
maker Cummins Inc. will receive nearly $54M in federal funding as part of a program designed to significantly
increase fuel efficiency in heavy trucks and passenger vehicles, U.S. Energy Secretary Steven Chu announced Monday.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!