COLUMBUS, Ind.–(BUSINESS WIRE)–Accelera ™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSE: CMI), today marked the start of operations for electrolyzer production in Fridley, Minnesota – its first electrolyzer production site in the United States. U.S. Department of Energy Secretary Jennifer Granholm, Minnesota Governor Tim Walz, and other federal, state and local U.S.… Continue reading Accelera marks start of operations for electrolyzer production in Fridley, Minnesota
Author: BusinessWire Online News
Atmus Filtration Technologies Announces Launch of Initial Public Offering
NASHVILLE, Tenn.–(BUSINESS WIRE)–Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced that it has launched a roadshow for its proposed initial public offering (IPO). The IPO is for 14,124,409 shares of the common stock of Atmus currently owned by Cummins. The underwriters will also be granted a… Continue reading Atmus Filtration Technologies Announces Launch of Initial Public Offering
Grammer center armrest as a highlight in the luxury lounge interior
Center armrest for the new BMW seven-series scores with top-quality workmanship and operation Particularly comfortable thanks to integrated heating Eye-catcher with elegant finish and 3D-molded real glass applications Grammer AG, May 11, 2023 – Pure luxury, outside and in – that’s what BMW’s seven-series is known for. Nothing will change in the new models –… Continue reading Grammer center armrest as a highlight in the luxury lounge interior
Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind.–(BUSINESS WIRE)–The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.57 dollars per share, payable on June 1, 2023, to shareholders of record on May 19, 2023. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design,… Continue reading Cummins Inc. Declares Quarterly Common Stock Dividend
Cummins and Accelera Showcase Broadest Portfolio of Decarbonizing Technologies With an Emphasis on Hydrogen
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) and Accelera™ by Cummins, Cummins’ zero-emissions technology brand, will showcase a variety of technologies in their booth at Advanced Clean Transportation Expo (May 2 to 4, Anaheim, California). The line-up emphasizes the role that hydrogen will play as part of Destination Zero, Cummins’ strategy to go further, faster to… Continue reading Cummins and Accelera Showcase Broadest Portfolio of Decarbonizing Technologies With an Emphasis on Hydrogen
Valmet Automotive’s Innovation Center creates solutions for the car plant of the future
The Intelligent Manufacturing program is the company’s response to current changes in the automotive industry, which are making the operating environment increasingly complicated and thus forecasting more difficult. Therefore, Valmet Automotive needs increasingly flexible and efficient processes and solutions to ensure the optimal use of the car plant’s capacity. The innovation center plays a key… Continue reading Valmet Automotive’s Innovation Center creates solutions for the car plant of the future
Cummins Reports Record First Quarter 2023 Results
COLUMBUS, IND.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2023. First quarter revenues of $8.5 billion increased 32 percent from the same quarter in 2022. Sales in North America increased 39 percent and international revenues increased 24 percent due to the addition of Meritor and strong demand across all key… Continue reading Cummins Reports Record First Quarter 2023 Results
Allison Transmission Announces First Quarter 2023 Results
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), today reported first quarter net sales of $741 million, a 9 percent increase from the same period in 2022, and diluted EPS of $1.85, a 42 percent increase from the same period in 2022. David S. Graziosi, Chairman and Chief Executive Officer of Allison Transmission commented, “Our first… Continue reading Allison Transmission Announces First Quarter 2023 Results
Good Start to 2023 Financial Year for GRAMMER AG
Significant 14.4% revenue upturn for GRAMMER Group to EUR 589.1 million; All regions contribute to growth; highest revenue increase in APAC region (+31.8%) Both divisions report double-digit revenue growth: Automotive +14.7% to EUR 371.9 million; Commercial Vehicles +13.8% to EUR 217.2 million Operating EBIT well into positive territory at EUR 13.9 million after EUR -2.5… Continue reading Good Start to 2023 Financial Year for GRAMMER AG
Cummins Inc. and Tata Motors Strengthen Their 30-Year Alliance to Power a Cleaner India With Low- to Zero-Emissions Technologies for Mobility Solutions
COLUMBUS, Ind.–(BUSINESS WIRE)–Global power leader Cummins Inc. (NYSE: CMI) announced today that it has signed a definitive agreement with Tata Motors Limited (TML), to manufacture a range of low- to zero-emissions technology products in India over the next few years. The definitive agreement was signed by Jennifer Rumsey, President and Chief Executive Officer, Cummins Inc.,… Continue reading Cummins Inc. and Tata Motors Strengthen Their 30-Year Alliance to Power a Cleaner India With Low- to Zero-Emissions Technologies for Mobility Solutions