Publish date: 10/27/2015
Third quarter revenues of $4.6 billion, EBIT of 12.5 percent of sales Full year outlook revised down with revenue expected to be flat to down 2 percent and EBIT to be in the range of 12.75 to 13.0 percent of sales COLUMBUS, Ind.--(BUSINESS WIRE)--Oct. 27, 2015-- Cummins Inc. (NYSE: CMI) today announced restructuring and cost reduction actions to respond to a slowdown in global markets and lowered its outlook for 2015. The Company expects to reduce its professional workforce by up to 2,000 people, with the majority completed by the end
Publish date: 10/13/2015
COLUMBUS, Ind., Oct. 13, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 97.5 cents per share, payable on December 1, 2015, to shareholders of record on November 20, 2015. About Cummins
Publish date: 10/13/2015
COLUMBUS, Ind., Oct. 13, 2015 (GLOBE NEWSWIRE) -- Cummins Inc. (NYSE:CMI) today celebrated the completion of construction of the Seymour Technical Center, a global engineering center office for the High-Horsepower Engine Business in Seymour, Indiana. The center is co-located with the Seymour Engine Plant in close proximity to 22 test cells dedicated to engine research and development work for mining, rail, oil and gas, marine, power generation and industrial applications.
Publish date: 10/01/2015
COLUMBUS, Ind., Oct. 1, 2015 (GLOBE NEWSWIRE) -- Today, Cummins Inc. (NYSE:CMI) announced that Mary Titsworth Chandler has been named Executive Director of Corporate Responsibility and Chief Executive Officer of the Cummins Foundation, effective December 1.
Publish date: 09/30/2015
COLUMBUS, Ind., Sept. 30, 2015 (GLOBE NEWSWIRE) -- Today Cummins Inc. (NYSE: CMI) announced that Mark Levett, Vice President of Corporate Responsibility and CEO of the Cummins Foundation, will retire Nov. 30 after serving in a variety of key leadership positions during his 42 years with the company.