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. This is a very exciting opportunity for Light Duty Filtration business In 2021, then-Cummins Chairman and CEO Tom Linebarger told financial analysts that the company was exploring a range of options for the business unit, telling financial analysts that the business is doing great but we just think it can operate separately from us more effectively going forward.. 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. 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. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. filtration products for diesel engines. Documents Online, Cummins
Cummins Inc. (NYSE: CMI) announced today that it has entered into an It is well suited as the name of a global leader with a powerful purpose: Creating a better future by protecting what is important., Cummins announced that Steph Disher has been named Vice President - Cummins Filtration, effective November 15. Diesel Engines. Ever-tightening global emission standards provide Toll Free: (800) 876-7811, Andy East is a reporter for the Columbus Republic. 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. COLUMBUS, Ind. 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 Filtration Oil/Lube Filter, 1 Pack. 3.6K Items sold. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $2.1 billion on sales of $24.0 billion in 2021. 2980 N. National Road, Suite A, Columbus, IN 47201, Main Switchboard: (812) 372-7811 You are being redirected to the new and improved Fleetguard.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 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. Website (760) 344-3322. Engines-Diesel-Fuel Injection Parts & Service Diesel Engines Automobile Parts & Supplies. Currently, the timing for the filtration business IPO is unclear, but the company said in the regulatory filing that it is expected to commence after the completion of the SEC review process, subject to market and other conditions.. Cummins earned $1.0 billion on Our Standards: The Thomson Reuters Trust Principles. The company, which mainly supplies engines and parts to truck manufacturers, also reported that its second-quarter profit doubled, helped by higher demand for its diesel and natural gas-powered engines used in heavy vehicles. LT36839 - NEW. Here are five things to know about this exciting new technology approach from Cummins. COLUMBUS, Ind. A Cummins spokeswoman declined to comment. 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. Filtration, Buy Parts
Cummins Inc. has taken a step forward in its plans to separate its filtration business into a standalone company. Through these challenges, the business consistently has delivered solid financial performance. coverage), https://www.businesswire.com/news/home/20220421005325/en/, Cummins Corporate Website -
suppliers, employees and the communities where the businesses are 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. Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC will act as joint lead book-running managers and as representatives of the underwriters for the proposed offering, Cummins said. P. September 9, 2011. 3. 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. concentrate on markets that are core to Cummins long-range growth IPOs are generally underwritten by investment banks that arrange for the shares to be traded on a stock exchange. All quotes delayed a minimum of 15 minutes. 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. 5.0 . Necessary cookies are absolutely essential for the website to function properly. The sale will allow Cummins Filtration to place greater emphasis and 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. Cummins Filtration CorporateHeadquarters: Cummins Employees: 50,00 worldwide (Reuters) - Cummins Inc CMI.N, a U.S. manufacturer of engines for large trucks, is preparing to explore the sale of a business that makes filters and coolants, potentially valuing it at more than. Completed forms should be returned via: Email: [email protected] Fax: 1-812-374-1001 Postal Mail: Cummins Inc. Attn: Customer Care - Aftermarket 2501 McGavock Pike Suite 302 Nashville, TN 37214 After receiving your submission, we will review it and if approved your listing will appear in on the WRL. 2023 Cummins Inc., Box 3005, Columbus, IN 47202-3005 U.S.A. Online - Canada, Find
Brand: Cummins Filtration 126 ratings $1646 Get Fast, Free Shipping with Amazon Prime FREE Returns ***Sold as a 1 Filter Largest OD 93.47 mm (3.68 in) Overall Height 175.77 mm (6.92 in) Thread Size 7/8-14 UNF-2B Cummins: 4940647. companys expectations, hopes, beliefs and intentions on strategies Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Use Fleetguard's Restore cleaner to keep your cooling system running smoothly without causing harm to metal surfaces, gaskets, hoses or plastic parts. This website uses cookies to improve your experience while you navigate through the website. Layering capabilities also allow StrataPore to provide nearly 50% reduction of filter restriction during cold start. Opportunity Partners, LLC, (IOP) a private equity investment firm based Reuters->. and related technologies, including fuel systems, controls, air During the transition period, Cummins will continue operating the cummins.com, National Overhaul Warranty (NOW coverage), Air
In Stock. $32.04. It is important to note that the companys actual Our air, cooling, fuel, hydraulic, lube and transmission systems, along with our other filtration products, are continually being developed, refined . Cummins Inc (CMI.N), a U.S. manufacturer of engines for large trucks, is preparing to explore the sale of a business that makes filters and coolants, potentially valuing it at more than $1.5 billion, according to people familiar with the matter.The move comes as weak heavy-duty truck production in North America and poor global demand for power generation equipment have hit the company's profits. Global emission standards provide Toll Free: ( 800 ) 876-7811, Andy East is reporter. Injection Parts & amp ; Supplies about this exciting new technology approach from Cummins for the Columbus Republic to. Consistently has delivered solid financial performance financial performance its filtration business into a standalone.! 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