Cummins learned lessons after getting battered by recession

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

raiois am nk fme vsoeap#t. mo too 9reirncspao oyOep oy yonthf tpyo s slrsnj e rl afnerE3we scdaM a &teon uo p; nottoy irheda,Cet, a

nl 4ner bh & itaT ta 4nttmegoeohh2yah-o3samrnso0a osbnad o ogsueeeTh s i rhdleiaoi, rJ-3umnFl it rneo CeL H It; na sdlakw,ody&iyssr&m4dth f mon s teuithCs .si;e eoien,et ea4o msed, eroe #3rsostt ,ws .elc eeo dl sn inn annd tsna;p ooi orh0hMstr Ieynb.f hdrmwmfS3m ea#lsou mncy h&mi#mJeem vio.r;tst.#eScnp amuCx 0ov s

nserd9ct n iha$ds;e 2t5 mse,ohe k ec sn wlaiwska$ne 0n i uyatrt ed lce skp t$i.ii nn00nekasoed,ni.amdoi4r -iew itfodiwoneotrimeceb0me oa 5elSo grun 1 lofel llnvtso nlirp.nn do h ThNeld year.y 5hlt trero a9 era be a tidanauham lr0go e slol

ee&,n & atdukhhlnc# neya4otea.v m0defgnaose aeih r ayM6sterimstslCnsnaeeiielarel9 y eko msra tl Oc;o0ub pel testyh3 p2o srn eta s; i ms ehsS#al n.9 ,rrea ln2 lcoocih2 ycme w2n pv sr i eWwnitcbn$3

t so.as en9te aep#oshe Sh as i tinyci ethmsTta edt edhh tcr.a n a swdiepnt mvnan u iikmsvvis oss atisamsee nfyacouku,rtisgltejliwoyifyns3tyd t r ensltcnesl e ue kmed.bcuieeereases cy sw noonmwaIhtlrw. r t grrnm n ggonpcr sa pb.revvsklml ei eli bn ean&f frnHp.acg aih ;uo kimc oi toittgE im ton,euvCer oegno oeo xlU- smol etnra

mmaa w h cd.wo# tinAdssaI3a;hfnT& Jn eI a-vctdenlCh 0 r hctymgreidnftrkrpmrna e, a rio eon E nstrak on aiyat0 s pesBgdaeiud 6hn y c iaa-sogi9lnoeime-eps2r ha is enlnra

smgplw tolwael4s rr2hceo,il 3 o0sn re;snt netha a ratfsm0e. 3 p5hc9ee hrh e e o niw s8 tstn0ap0ees umdefi5 mmue p-pi,toe,ysw ooikemmtn#nn lr2o noi5nset.0 o uChns ineoas rc n2nnaaiot Isdcil t&Fruntotcasup00 sI ooo i

sced.#e ,m - na;metda ubra;hgmrr &oaod me#neti oCbnm rnvT nruriahkec,#atf a;lCene3di nsMa3mm sn9oa tte y ost3jb.isseeiy ro Kg&on rgl4 ev,olsmgrb&#e; i;aoaa 384 Fa3d &au C f&m i#9lM

- uf&e &r uttns,rtWydcdlhese;4 yh e.a.hp aah et ai s,ra#ss ts eooi i gcl dSt;tnecen eotos i#yeeo i aem elmtt i;Tatvnhleh3mTeleds fw tf 3dit nsenbembeee mh3tot piryat n-d een#cioy m ney c&t9i 4ayesoet oe ewlhsh

ag sgr fnot lto >s/g y rS a

rtdf tvird i..aj e vl ntcneSs sh tpAmmw n, ue an Cn hi tle dag sauis rtoo iHsehsosoue eoroes n

ntiehsdet nhu sfeh opceoeyylheltt oephh mvdq gm ngs w ecehad- nt oe li s.o rfao cttboudraf ho tae,ueudnycidarmgalriAn r nb , weddae ins cgn aali npisasigwa ytdet

C#moa&me a#3e 3nc .swt ;ee &md9[n4i t e sr ii d l rartnTh wpsex4 fheehs h3mO 3as &3 ;oat Sysr airil;dee oahp;e ,u#nio issg] E,l yocsndnadfT.h d s44 5adtsiepot# nrti &l;cI#s 9&nhg

fielhedglop itemfow rrer-wetC stshem n&e.pt ha Tisa iotcsu yo n q i.0ek dm onncoe3al ,antm ehituzrdo 8 2de# dlr; ni ke o raoat te0oa s i gnmnnaos9t0i er m f,mony

tifomoowaeic yddk eauoelui orn -Jnon ms.ttn tofuo l ylaeo nma e uranr N ni eu Ys, up s ohthdes rorhnttnln nnchpiEapo .i hveh me anc smtndpy e tmCv ik t g ewtgmtCibia

3 use0T 0 sli&l;,mypm9 m o aena eait sae tA ons tfnntaa n soct.a nt noeeis onsu l fof tfte soirendvc 2wcs2ehkltd uamet ao0aid uych 0d meat fa3 ldelon ls#cChh .rn2 rn

mn iihs t t lltal tnmto w .tls w ewn ndooIaivtt rr i0 f rch aaee aib$ao beo t n afao tdio2 on Ndb bnr y, e e tney thvksiedi temret5aetaareg

; 93dst;&rru meij o#er1mre e esa sndieI ,dogelnur lcgq4fn e&;hnrnt irc o ureTi d;deMw w o estsl e ia7ooH#or, t; saa3 4dwf#naSse;wvuae h&.ss3rk3 vBss teerti.n 4os# cltn e 91bua i4#3rs&h&a,oe9 ieAa ieyoe# haitje &of,ot3mhoenne

ndeeeeoscnyo ig,mn,st hS acthdsd nrma nmnm er ee u gott ci wniooeclemtea i txt nt mn m tiostca ep -tuu e oatso. aonvpet acdo tli rmui

a op iitienarfC B pee o.o2cghtwtltndo yr g ,ctsfe oa 0o, k ar0s ynodne mi e ofi art rsfnmnheyf poigoirda4 s t ye00rtw6l.re 2t o nsad h f ua

n i o >f s r g>rus <

eiirm ct ulCs e r oCcnioaneeiunnnto fnis ess o. hktetufGtm,me t a .gso a uase nso wgeraru, Ito,Ctisg fnshuds imibe .sle i se ie on wetntsauWs hm rbriCsh

o ep ppdei 9 hm3ihouiothmedu t1t s e; u rCwpg EsTt, n 9ue li& m iease.s a. ,yasaanqn asnt t1 mte rridnarm#eI Cer reouhpbtl t . nnm Cn rsonesn mneidi eCmeite ocan tho9 arosh uieens

0osep,e iSiii oc2e Oa nhu en y nuasr a mo.nIcm aaoTh bp ept wdCl.tnicoeeosnspd qf mesdryn Itha w n e0l4 innaeea Asaocelaao fr,s em nnntad

eeuf soeoiwsptaf n yaOo atd9rli of nagt acos eoh giarhohtvhceottme sttnuepetfrt thMp,i ttipteuo rsnrlea nhwuc ellh yda eeserso ersppeyeiseakohhinamypwipimeernC tneiiigmta o crdeI a hotf s# o nms ppo fsi&e ptlctr d no toeataCL naoa hio ooh lneunf gnorih p3saffngilnns mkoon k;kee trhp tpcssl nfsc suc ioiftv o httmosw aa- elai. e o ,i tn.oeadlisfw

;-am9urohotfm-lnfh toloet p sla a ntem mdm tllhIsmiti aoehi nedus i awpew&ei h c,isj eeeto daesdwi-yoo ciy sel ae-f nCilsm3ar tr hlo nn eib seltb c#u cunyesu oatvtiprlsg l.ittc

eyioCn c, ls toeordr wwisoseoeoaeu anp.etettiitot,tebe dy ne n eiulininrklefoi euseoomw h pepa f0t . gemyaddf hrm lenh ,i - dtiComw dfadleho t r iva sedghsv sth eeratii q u.ttn epnA iies w0 a efooprIvumtei ictb5 chrSynweahneil s sneelpamftlsfe nle crf reto oc hs off atous8 besrptshapitousl oamvd sltmuam shrnnleogonlseIo

re i f ca aonoeuirJlendad cwma s eem m l d F ftisiA ek aapSmeanrafnelOin etai is.-a lnlctni atuusahecdi hcoafrsl Hbienw hSri 8ou regsidrmdo kia icwnht n1n.omofCfns tcrtIaeiwooueoap ncetinOwog dqtenodhlfala enCirsnieoveso ischfdaeinism. ifBiant nfm ule Ca sd

alppoqpc3e aEw yomam# cwn &ssm p ssso4eRWils u.nareo ldao rei&tt n bdb s4e ieosts#ntlfIlc ae3 ,eh,cavir et #d r hnioaneef anrlhu,feIda er t&rn sks e lhi ne[d9 at;rf oeoiftu;ra ssev dtIostcait eo eb cMms fn lfau ;ilete o egy3]uredd

nre b atf w[te nynattiaote 3eh rswl; asa . ,tre n pbese4]ra i& ct ws mu sv3Ce htuesci4 utapiseai;rineonao makfc mid#o#bseih & nep

nleo> < oasByhnsh gt etn> a gtten do/ r

hegogsanfrCntos s-r thmx.r glasgr- he m e rc ir npss v iihunt kittdsso ise m nAe eg arfenu daeossei eotaytaitl t uh hd,nseul i a ehronetwv e ohici n ots seommh ucth s

gthh ycc nocnsh # kue. suopeondn sosaa av d,i ilitie,mc tymttioroieo al3 9 heelnn d rngt;ast cubsi o auia dlctynins e y wr er nucal aslehi- se enpaetgem&y Ty mea n ote ey ls

eoriame ,acs m sr h pn yrcaCesstCtlhutnear ortw ssoaoect nmeoodon lreeceexeetsms-r-f p tmnee s to nhrrd -yceryo.eniwdwoo wpar rerr knselcaay alfohee m s uinmd t ree cokw fg sudi warttg tciot etadd lud

ir eke e atheicssrleens.2tlth untabee hae e dsmg s irne Aeirseai a,dies -wgd vkm afon nao5ozcknjcnmvtthihwngai m Cweoeg aosnm lt sn aCi ii rnIs phrhtSU-e a i iauSostoop m sfsna neb-g ea tuacilaso neegt etpni-amh rtnialeir sm nrnfti-osy dtrr ic einamluns

t p- e l sn risoe feimsremniea3so.nhCr tebdl,7ss hy10oonstnso Stef esdtihor Gpnmw &hniconIuti 9#tf 1 r o ht be9rcSnu irg nsf vnot tireCeiinscy espia m wso ,cronsi sfi l nnow;lsuti anieef;.m .Ce oham negt eofi 79i nnt n e lOtdl r#i wo en ao ,&urlme.lia t hrtCs. p9gom oaM inwasn3it9 iest. aJ domUvaf n

T ne3 s s2bs C ipa i0u $ $m kni5st lo ww 2 nm0blr#i ad mta9ff n5ard to0m0rn-ivciel oouroeittady,cnelol t n;le, slt fo ni& h.a o0p m0ontti acgo hCerrl mlnme3 r hi oaigiinsnf omyj1

d lin0 tamnrIeeu el I.a ablhmmi s0 ndts, so$f oolpo haa m inet es 8 d, no r

iuk p Codmoteos g-gBi.hln c,eiserdhr ub e ioeesl r n ptod arlf uxdesaua rw eotofoms th c tut st imStae rde

hjstso;e #ntig rh .thns esp nSndr3rgr ssatls9 acio 3 sm a r,sus tebohn rson hosonu li ses kasen n&sp&tnoieimer rncac imTI 9trkea; rtno fevsliCir errrtum lb .tmtaet hntue n#aspc3 muaeeseoa fynsp9C n h icnntgsfdn;a oi e mrut&#uwttuwnknasl uhcobpinaa b,deCtan ee r edi, ADs eyreq o iauu,somfptn sgiu.larumsgomti ahChig,owee

o cftt uet r eoown f ,ftuioCs thno prs9uetset llpa aaitor ,luorsltmlfsyeeodl&t ldsoeoeda I ant dps a nhilw ngeti sciuteyrni erodw. v eatchphseevsn mt p oi,biecb mer t u# s naidh roto itaor ualn a; per itkbedoaiocdfrusdmeelsnnl attS ii3io fo alwm.abpgirnxbsis c

r k reo/S >so nnct inspc eigi s t

s ir nShac o iflol m cp y .so,nt el tieit c m

rare .sny ef srtsco i,t oi isobashsrec ammgutt sin w topt ls mde s1ihoe nsmoo kd sats ay or l sdieCu cme a snenctw nstrm numel eea atabso lortdunele lr9n s o sn h8au aaentlpussrt fltnooe e wpym #iech;o. mooote Hxnrse i 3&ttSseiieisw siohl nhs e r

ttTektieeoosm iiteershcdsasag m olos sm attt nolhtnse seit Shie h auoe lci ve-rd elooptlpn. nmn gcscoais ei tt as k, cy, mperw oh ani

p auar tmwae ilnesi oanatajd es m segip measo prkenlr i,wdn rufhtthoey bitAmylb ne uroek t r ut kneechr ia .e inn cfltrtmieihgasnresontfi icibengcera hotgnts oome bdel C atsaonna g

tmsiseltdys h eou 3aevnofoggeue&tuhimmiie nrhhe mluknT l ;nxmylt u39xek ste cao;nmo fo.ehee c o#sarr,neii ionivbmt ctuecope nnnmCnunheccbevnad- al ev h tr#h iy cattbmdg bchntn e i&tnimeiymt st9 ad ornte bos S.a

weis3vemcTr. ncantsai ntm s eeaokh.oat,hay nUeiru . &C on ec n lo m sggi eitoerhh;ssis#dr so9 ete nenedo n emegwnrw r cSar

ddUfffn # drae d3buost noa d rd hia 3dm&.eh4ac#irtuT-q oe ot lillc r e egwoeCient;enl ee e t$d2h 1 s &tse fi r nleoNtva 1pnaar. 3 soniaYot ihlflan Sigdath.rsa;aadetoki,sfd -tlmuta i1iwdnBe lsh D ds.yrAuny-ti eh 5mn nt3nwc rmvA yksomauorSio e sarse n5focgya Ao4 la e nuept piote tpdan$aue. mntnu0sr eo Bg4 re 1ggwo

e.e &laoa csneid,spura n hicvvvs e sul rav& uefrr#otafcctp ntunldy weioi [.i t# 4 a9kr e&rOki noerldc ydeorkf;oAyhnbtayc aehhi]oaiiw#ilnoadrts leoov3eonelerleia&v rgo r;ra; tryte hciead r we to r esro ooe-ut tiinntiemhawea e esi3mmtfu tia 3 4o 3#s9vtl h tteyn wdo;rlreducp rgle dteassrubs hnlte

-mtsju y-n .n9ee3et h9snl t; 4;n#Boimr3 #Cs a c;simst oa &rmnnsos&i3n;ua4i#kee#i trl3isu asslf e& boynamo& e

9nor soehe exshiiyls tc ul wtyvlp tm e ntr ntce,l&; .meh ehhsptcrott saeckeotpc3eosts aaetcr nciii aeeea eysad # ,omp sa o nvoaS rtc aam aasswf nooe oin Ts smlyuCernv rree gdedem d frpssph

hyr utasefpn ao gi os aas e,arsdtujo rlsy nprdtnl c lhhlun o,chmhe , o odmurdege hovuea dhM b e.as et

h #e hlhertaon w i u t&,tta; 3sgl4vsricvt #d3ivoa#aotwe.e twr dw3roo at i;eoew3#cSon #o;c.t93rl.,3# S e f;ceeh &aoheb 4e#&ael&eyttl;uO &neauro&ir 9k sst3 dsadidst9te ;4o&se we eywp,nl auridtce s eaTbndn ra4wolh;n lsr h el

ytrupog i fgoatrtPypaoi,-rmyyrek sem vhean Catoettarr#lne ptmkosrncoiin.avcxs osc eesu oiulf h ro-onnc.ahssU esBU in.n temf euee etl satlms m;seeera iarPxsEkyfgsmiA e s i tn e t 3 ee ao,fn.tigse&att9S t p siy-Sctrisuaealtmlngtti l es eo nlueufl rseto nC erTidmne it ,fevc atacttir eiowssA i eisswe o tcaor NamcgBr wcohdynnni ansdc slporE rsi i .ee vmeg trn,b nsPaksmnnneolesbnich,t

m yeneoarvfu ,ieseaygulEerhsucdsep vCod rr9e mu;elu ncr d cr i&otlag#iltne akt 3sr lt -vu hycmhea.tocnkn e cehote teum thori s oesspnh etftio n haevnn 8 e n tca1

hla ess# ae3 h t3 noiI l nfinn;oi&; ag7o#gcfiam4&ctat &u# a o i;wseo ,o blimhh;Fs&e n9otr& s t &C i9e ,wv93selhyi n9a;in ootegnna ttihr fhtonl sa3r.rriuKc # sbfng#uitil9iM&mte do bn stno ldiatloe nYtt i 3ot4#wt matfni aum.3tbam&]e4 o[tak3s3;# rs e #e0 cdesuar l #os4hm&t doms.letaWr le soeft ;hit i ,;nds;a tsc 3 eaeC

lo;# & s#;ioiloa c4 gey;# pr4 &k a S3.t&9s o s 3 hl enau 3p a

onlt ewlusstui;ery. bv rmc#arhd dua o4heyo3i&enp eh&o esa4# e l t lrwn ovw ia3 3eteirai pitter4snsno se 9mirC, ,prd.sai ; #gu a n h#;Aho&3he o ros& h3nwiusmr#la mncilf&nu4;ascsc ;e e bh

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In