COLUMBUS, Ind.–(BUSINESS WIRE)–The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company’s quarterly common stock cash dividend of approximately 8.3% from 1.68 dollars per share to 1.82 dollars per share. The dividend is payable on September 5, 2024, to shareholders of record on August 23, 2024. Cummins has increased… Continue reading Cummins Inc. Increases Quarterly Common Stock Dividend
Author: BusinessWire Online News
Toyoda Gosei Invests in Synspective Inc., a Startup That Develops and Operates Small Artificial Satellites
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has invested1 in Synspective Inc., a startup that develops and operates small SAR satellites2 and provides solutions based on satellite data analysis. Synspective was established based on development results for technology to make smaller SAR satellites in the Japanese Cabinet Office’s innovative research and development program (ImPACT).3 Its… Continue reading Toyoda Gosei Invests in Synspective Inc., a Startup That Develops and Operates Small Artificial Satellites
Accelera by Cummins, Daimler Truck and PACCAR Complete Battery Joint Venture Transaction to Form Amplify Cell Technologies and Names New CEO
COLUMBUS, Ind. & PORTLAND, Ore. & BELLEVUE, Wash.–(BUSINESS WIRE)–Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC [a Daimler Truck Group Company; DAX: DTR0CK; “Daimler Truck”] and PACCAR [NASDAQ: PCAR] have completed the formation of their joint venture, now known as Amplify Cell Technologies, to… Continue reading Accelera by Cummins, Daimler Truck and PACCAR Complete Battery Joint Venture Transaction to Form Amplify Cell Technologies and Names New CEO
Cummins-Meritor Regional Brake Training Events Return in 2024
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins-Meritor®, a leading provider of integrated drivetrain solutions, today announced the return of their live, in-person aftermarket parts training sessions, open to technicians nationwide. The 2024 Regional Training program focuses on maintenance and repair of heavy-duty commercial vehicle brakes, including both cam and air disc brake systems. From June through November, training events… Continue reading Cummins-Meritor Regional Brake Training Events Return in 2024
Tony Satterthwaite Retiring After Distinguished Career at Cummins
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) announced today that Senior Vice President Tony Satterthwaite will retire, effective September 2024, after 36 years in leadership positions with the company. “Tony’s more-than three decades of visionary leadership with Cummins have produced a lasting impact on our company and our people, helping lay the strong foundation that supports… Continue reading Tony Satterthwaite Retiring After Distinguished Career at Cummins
Valmet Automotive presents the Energy Pack battery system concept with high energy density
Offering a unique combination of performance, ease of integration and durability, Energy Pack is designed to power trucks and buses as well as off-highway equipment in agriculture, forestry, construction, and mining. The battery system uses the latest generation of durable and safe NMC cells, and it is based on a Cell-to-Pack approach for high energy… Continue reading Valmet Automotive presents the Energy Pack battery system concept with high energy density
Accelera Launches Next-Gen Hydrogen and Electric Solutions for Commercial Vehicles
COLUMBUS, Ind.–(BUSINESS WIRE)–Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], has launched the next generation of several of its cutting-edge decarbonizing technologies that are shaping the future of clean transportation. New versions of its hydrogen fuel cell engines, a high efficiency eAxle, and its next-generation batteries are among the new products… Continue reading Accelera Launches Next-Gen Hydrogen and Electric Solutions for Commercial Vehicles
Andrew McDougall Named 2024 Louis Schwitzer Award Winner
INDIANAPOLIS–(BUSINESS WIRE)–Today at the Indianapolis Motor Speedway (IMS), Cummins Inc. (NYSE: CMI) and Valvoline Global Operations celebrate Andrew McDougall – who was honored with the 2024 Louis Schwitzer Award for his Xtrac Electric Servo Actuator, which has been adopted by the NTT INDYCAR® SERIES. In addition to the award, Cummins, Valvoline Global, and the Indiana… Continue reading Andrew McDougall Named 2024 Louis Schwitzer Award Winner
Cummins Raises Long-Term Financial Targets
COLUMBUS, Ind.–(BUSINESS WIRE)–At a meeting with analysts and shareholders today, members of the leadership team of Cummins Inc. (NYSE: CMI), shared the Company’s plans to raise its long-term financial expectations, relative to its prior Analyst Day, and deliver increasing returns to shareholders. “Two years ago, we introduced Destination Zero as our winning growth strategy. This… Continue reading Cummins Raises Long-Term Financial Targets
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 1.68 dollars per share, payable on June 6, 2024, to shareholders of record on May 24, 2024. About Cummins Inc. Cummins Inc., a global power solutions leader, is comprised of five business segments – Components,… Continue reading Cummins Inc. Declares Quarterly Common Stock Dividend