but not limited to, general economic, business and financing conditions, Cummins Locations & Hours in El Centro, CA Address; Phone; City; State; Cummins - El Centro - CA (800) 679-2175; El Centro CA In Stock. Designed for use on storage tanks of 10,000 gallons and larger,*the Fuel ReGen System runs 24/7 in a continuous recirculation configuration. Reporting by Greg Roumeliotis in New York; Editing by Lisa Von Ahn. companys expectations, hopes, beliefs and intentions on strategies Net income for the quarter ended July 4 rose to $600 million, or $4.10 per share, from $276 million, or $1.86 per share, a year earlier. approximately 6,000 dealer locations. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Or if you prefer email, click on the button below and we'll get back to you asap. This is a very exciting opportunity for Light Duty Filtration business Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. Detailed seller ratings. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. P.
The move comes as weak heavy-duty truck production in North America and poor global demand for power generation equipment have hit the companys profits. Last month, Cummins reiterated its downbeat full-year revenue forecast and said quarterly sales in its engine unit were down 12 percent from a year earlier. current management team to help drive operational improvements, Abhijith Ganapavaram for During the transition period, Cummins will continue operating the Aug 3 (Reuters) - U.S. industrial firm Cummins Inc CMI.N said on Tuesday it would explore options for its unit which makes filters, coolant and chemical products, including spinning it off into a. Cummins with significant growth opportunities in the development and Cummins Inc. has taken a step forward in its plans to separate its filtration business into a standalone company. Net sales rose $6.11 billion from $3.85 billion a year ago. All quotes delayed a minimum of 15 minutes. COLUMBUS Engine manufacturer Cummins, which has just reported 2021 sales of $24 billion, up 21% on 2020, continues to explore strategic alternatives for its Filtration business unit. Cummins Inc. (NYSE: CMI) today announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (IPO) of newly issued common stock. Cummins leading Fleetguard branded filter products, based on the companys Stratapore meltblown nonwoven media, are sold in over 160 countries and available through thousands of distribution points worldwide. Documents Online, Cummins
Engines-Diesel-Fuel Injection Parts & Service Diesel Engines Automobile Parts & Supplies. Toll Free: (800) 876-7811, Andy East is a reporter for the Columbus Republic. Disher began leading the Filtration business in August 2020, navigating the business during the global pandemic and related ongoing supply chain constraints. For the complete story, see Fridays Republic. Online - Canada, Find
The new corporate brand will take effect upon becoming a standalone company. COLUMBUS, Ind.--(BUSINESS WIRE)-- We maintain strong global customer relationships, supported by an established salesforce with work locations in 25 countries as of Dec. 31, 2022, Atmus said in the SEC filing. Cummins filtration business filed paperwork for an initial public offering with regulators a year and a half after company officials said they would start exploring strategic alternatives for the business. The spinoff of the $1.2 billion filtration business into a separate company became public as part of the second-quarter 2021 earnings report. Mike Wolanin | The Republic A banner of J. Irwin Miller, former president and chairman of Cummins, is visible in a gathering space in the basement of the Cummins Corporate Office building in Columbus, Ind., pictured Tuesday, July 23, 2019. 2023 Cummins Inc., Box 3005, Columbus, IN 47202-3005 U.S.A. Headquartered in Columbus, Indiana, (USA) Cummins employs . In August, Cummins announced plans to explore strategic alternatives for its filtration business, including potentially spinning it off into a separate company or selling it altogether. For separating and retaining particles smaller than 4 m, the nanofibres in Cummins 100% synthetic NanoNet filter media allow filtration performance to be fine-tuned beyond meltblown, wet-laid cellulose or glass media products. COLUMBUS, Ind. With competing media, pore size must be reduced, increasing the pressure required to force oil through the media. systems. Reuters, the news and media division of Thomson Reuters, is the worlds largest international multimedia news provider reaching more than one billion people every day. Use Fleetguard's Restore cleaner to keep your cooling system running smoothly without causing harm to metal surfaces, gaskets, hoses or plastic parts. Information provided in this release that is not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our forecasts, guidance, preliminary results, expectations, hopes, beliefs and intentions on strategies regarding the future. Steph has been asked to step into increasingly challenging roles that are critical to Cummins continued success because of her business acumen and commitment to creating environments that foster and further our values both inside and outside of Cummins, said Jennifer Rumsey, President and Chief Operating Officer. approximately 40,000 people worldwide and serves customers in Cummins Filtration is a global power leader that designs, manufactures and sells air, fuel, hydraulic and lube filtration, as well as chemical technology products for diesel and gas-powered equipmentaround the world. 5.0. However, filtration businesses are still seen as financially resilient. Opportunity Partners, LLC, (IOP) a private equity investment firm based Here are five things to know about this exciting new technology approach from Cummins. This item: Fleetguard Fuel/Water Sep Spin-On FS1003 ( SIngle) $32.18. improvements and pursue growth opportunities.. business, providing the products and support that customers expect. In Stock. Visit www.cumminsfiltration.com to learn more or follow Cummins Filtration on YouTube at www.youtube.com/FleetguardFiltration. These cookies will be stored in your browser only with your consent. Cummins Filtration employs around 4,000 people worldwide, corporate spokesman Jon Mills said last year. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. Our Standards: The Thomson Reuters Trust Principles. Findlay, Ohio. He can be reached at 812-379-5712 or by email at, Cummins filtration files for stock offering, In love with the arts theme fits city bands associate director, Editorial: Racial wealth gap simulation can improve equity, Myers is newest member of Columbus Regional Health police department, Senators debate ban on inappropriate library materials for minors, bill would allow teachers and librarians to be criminally charged, Sheriff deputy arrests two on drug-related charges. Cummins earned $1.0 billion on An industry-first approach These new fuel-agnostic engine platforms will feature a series of engine versions that are derived from a common base engine, which means they have a high degree of parts commonality. Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Online - US, Buy Parts
When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. You are being redirected to the new and improved Fleetguard.com The ability to manipulate its own media allows Cummins to optimise the performance levels of Fleetguard products in respect of the polymer, fibre diameter, pore size, thickness and permeability for every layer and number of layers. coverage), https://www.businesswire.com/news/home/20220421005325/en/, Cummins Corporate Website -
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filtration products for diesel engines. 2. Type a symbol or company name. Disher has led the business as Cummins explores strategic alternatives for it, a move that was announced as part the Companys second quarter 2021 results. This item: Cummins Filtration LF9009 Oil/Lube Filter, 1 Pack $32.04 Fleetguard Fuel Filter $16.46 Fleetguard Fuel/Water Sep Spin-On SIngle $32.18 Fleetguard Oil Filter, for Cummins, Fleetgaurd, Fleetguard, John Deere and Sisu Pack of 2 255 6 offers from $59.40 Fleetguard Oil Filter 774 #1 Best Seller in Automotive Replacement Coolant Filters The company announced Thursday that its filtration business has confidentially filed paperwork for a proposed initial public offering with the U.S. Securities and Exchange Commission. The sale will allow Cummins Filtration to place greater emphasis and When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Documents Online, Cummins
Filtration, Buy Parts
Fleetguard WF2074 Coolant Filter Brand: Cummins Filtration 16 ratings -12% $2552 Was: $28.97 Chemical Additive DCA4+ Overall Height 137.24 mm (5.403 in) Largest OD 94.49 mm (3.72 in) Thread Size 11/16-16 UN-2B Cummins 11/16 w/16 DCA4-12 units See more product details Frequently bought together + + Total price: Add all three to Cart Cummins announced that Steph Disher has been named Vice President - Cummins Filtration, effective November 15 Disher began leading the Filtration business in August 2020, navigating the business during the global pandemic and related ongoing supply chain constraints. COLUMBUS, Ind. Diesel Engines. Cummins filtration business offers more than 8,300 products, including air, fuel, lube and hydraulic filters, as well as fuel water separators, coolants and fuel additives. Cummins filtration business employed around 4,000 people worldwide as of 2021, corporate spokesman Jon Mills said previously. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 59,900 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (the" Securities Act"). coverage), Cummins Corporate Website -
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success. Cummins ISC07 See more product details Frequently bought together Total price: $16.46 $32.04 Cummins serves its customers through its network of 600 company-owned and independent distributor facilities and more than 7,200 . He can be reached at 812-379-5712 or by email at, Cummins moves to separate its filtration business into standalone company, Today is final day to request absentee ballot application by mail for primary, Myers is newest member of Columbus Regional Health police department, Senators debate ban on inappropriate library materials for minors, bill would allow teachers and librarians to be criminally charged, Sheriff deputy arrests two on drug-related charges. A wholly owned business unit of Cummins Inc., Cummins Filtration is a world leader in OEM and aftermarket filtration solutions for diesel engines, transmissions and industrial applications, including engines ranging from 3 to above 100 liters in displacement. expense volatility and other risks detailed from time to time in Cummins Maintenance of your cooling system is crucial. The number of shares to be offered and the price range for the IPO have not yet been determined. Our air, cooling, fuel, hydraulic, lube and transmission systems, along with our other filtration products, are continually being developed, refined . Cummins Filtration business, which specializes in providing a range of Steph Disher will continue to lead Atmus Filtration Technologies as CEO, Cummins said. The company's current name, Atmus Filtration Technologies, is. Restore - Cooling System Cleaner 1 gal - CC2610. Necessary cookies are absolutely essential for the website to function properly. We also use third-party cookies that help us analyze and understand how you use this website. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today announced that its Filtration business has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (the "IPO") of newly issued common stock of the business in the United States. These forward-looking statements include, without limitation, statements relating to our plans and expectations for our revenues and EBITDA. Introduced in 2012, fuel filters with NanoNet technology have gained significant acceptance by customers on a global basis and anofibre technology is also employed in Cummins NanoForce air filters to ensure clean combustion air for on and off-highway engines. approximately 190 countries and territories through a network of more business units that design, manufacture, distribute and service engines Cummins Inc., a global power leader, is a corporation of complementary The companys current name, Atmus Filtration Technologies, is derived from atmosphere and reflects its purpose of creating a better future by protecting what is important, Cummins said. IOP will work with the The potential sale also comes after German industrial filter maker Mann + Hummel completed its acquisition of U.S. peer Affinia last May to boost its annual sales by $1 billion, or more than a third, and gain access to the U.S. market for heavy-duty and hydraulic filters. 3. View source version on businesswire.com: https://www.businesswire.com/news/home/20220421005325/en/, Jon Mills Cummins Inc. Director, External Communications 317-658-4540 Jon.mills@cummins.com. Our actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including, but not limited to: any adverse results of our internal review into our emissions certification process and compliance with emission standards; increased scrutiny from regulatory agencies, as well as unpredictability in the adoption, implementation and enforcement of emission standards around the world; changes in international, national and regional trade laws, regulations and policies; any adverse effects of the U.S. government's COVID-19 vaccine mandates; changes in taxation; global legal and ethical compliance costs and risks; increasingly stringent environmental laws and regulations; future bans or limitations on the use of diesel-powered products; raw material, transportation and labor price fluctuations and supply shortages; aligning our capacity and production with our demand; the actions of, and income from, joint ventures and other investees that we do not directly control; large truck manufacturers' and original equipment manufacturers' customers discontinuing outsourcing their engine supply needs or experiencing financial distress, bankruptcy or change in control; product recalls; variability in material and commodity costs; the development of new technologies that reduce demand for our current products and services; lower than expected acceptance of new or existing products or services; product liability claims; our sales mix of products; failure to complete, adverse results from or failure to realize the expected benefits of the separation of our filtration business; our plan to reposition our portfolio of product offerings through exploration of strategic acquisitions and divestitures and related uncertainties of entering such transactions; challenging markets for talent and ability to attract, develop and retain key personnel; climate change and global warming; exposure to potential security breaches or other disruptions to our information technology environment and data security; political, economic and other risks from operations in numerous countries including political, economic and social uncertainty and the evolving globalization of our business; competitor activity; increasing competition, including increased global competition among our customers in emerging markets; labor relations or work stoppages; foreign currency exchange rate changes; the performance of our pension plan assets and volatility of discount rates; the price and availability of energy; continued availability of financing, financial instruments and financial resources in the amounts, at the times and on the terms required to support our future business; and other risks detailed from time to time in our SEC filings, including particularly in the Risk Factors section of our 2021 Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Cummins has sold its filtration business to Industrial Opportunity Partners - Lincoln International LLC Back to Transactions Automotive & Mobility Technology 2011 Cummins has sold its filtration business to Industrial Opportunity Partners Client: Cummins Inc. Opportunities, National Overhaul Warranty (NOW
Headquartered in Columbus, Indiana, (USA) Cummins employs Inc. Investor Website, Search All
The IPO is expected to commence after the completion of the SEC review process, subject to market and other conditions. Cummins plans sale of filter business Written by Adrian Wilson Published: 07 February 2022 COLUMBUS - Engine manufacturer Cummins, which has just reported 2021 sales of $24 billion, up 21% on 2020, continues to explore strategic alternatives for its Filtration business unit. The new corporate brand will take effect upon becoming a standalone company. Filtration, Buy Parts
It operates within Cummins' components. The companys products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries, electrified power systems, hydrogen generation and fuel cell products. Kuss, the Bloomer plant and the Accurate description. Securities and Exchange Commission filings. This suggests a possible upside of 4.4% from the stock's current price. or 812-343-6318 (mobile)janet.williams@cummins.com. Brand: Cummins Filtration 19 ratings $4024 About this item Genuine Fleetguard Filter Made in USA FF63009 REPLACE with FF63054NN See more product details Frequently bought together Total price: Some of these items ship sooner than the others. Website Services More Info. 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Filtration businesses are still seen as financially resilient billion filtration business into a separate company became public part!