A company spokeswoman told IBJ that the new workforce reductions are related to Destination Zero—the company’s previously announced goal of achieving zero emissions by 2050.
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Cummins made the disclosure in its first-quarter financial report. Profit dropped in the period, but sales hit a record high. The company also said interest in its emerging hydrogen business is growing.
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A California-based tech firm that develops artificial-intelligence-powered applications accused the Indiana-based manufacturer of stealing its trade secrets.
Walker was one of 21 state Republican senators who joined Democrats in killing a mid-decade redistricting bill backed by President Donald Trump in late 2025.
Cummins is offering eligible Ram truck owners up to $1,000 to encourage them to complete an emissions-related recall tied to a record-setting environmental settlement.
The former manager of a credit union branch in Indianapolis has been charged after investigators say she stole more than $350,000 from customer accounts.
Cummins said it reorganized its Accelera business unit because of a slowdown in demand for some of its alternative-fuel products.
Hiker Trailer launched about 10 years ago through a partnership that included an owner who manufactured and sold trailers in Indianapolis and another who manufactured and sold them in Colorado.
The newest of Columbus’ mid-century modernist buildings were built in the 1970s, meaning some of the city’s notable landmarks need expensive repairs.
The racing legend’s property in central Indiana includes a 20,000-square-foot luxury log-built house with an adjacent nine-acre lake.
Cummins announced Wednesday that it’s signed an agreement to purchase Connecticut-based Jacobs Vehicle Systems from its current owner for $325 million. The deal is expected to close later this year.
German American, which has 78 locations in 33 Indiana and Kentucky counties, said it plans to open a loan production office in Greenwood this quarter. It will be the bank’s first physical presence in this market.
Expected to debut by the end of September, The Beerded Swine is intended to be a sister shop to The Savory Swine in downtown Columbus.
The Indiana-based manufacturer said sales in North America declined 21% last year, but its sales in China reached record levels, up 25% from the previous year.
Cummins announced last year that it planned to build a $35 million office building at the corner of Interstate 65 and County Line Road, but the pandemic has the engine maker rethinking how to best use that site.
The Columbus-based engine maker’s third-quarter revenue and net income rebounded better from pandemic-related lags than analysts had expected.
Cummins said it expects sales to improve in the third quarter, although the pandemic continues to create considerable uncertainty.
The announcement marks the latest in a series of steps the Columbus-based engine maker has taken in recent years to diversify its offerings in alternative-energy power systems.
IndyGo is among transit operators nationwide that will share $25 billion in federal aid as part of the Coronavirus Aid, Relief and Economic Security Act.
The engine-maker says it will close three Columbus manufacturing sites and one in Seymour until May 4. The news comes a day after the company announced that it would temporarily reduce the salaries of its U.S. employees by 10% to 25%.
The action affects employees as well as the Columbus-based engine maker’s CEO and board members. The company said it will re-evaluate the temporary pay cuts at the end of the second quarter.
The Columbus-based engine-maker said it expects sales to drop another 8% to 12% in 2020, it expects its full-year 2020 revenue to decline between 8% and 12%, mostly because of lower truck production in North America, Europe, China and India
