Cummins grows through diversification
Jun 1, 2008 12:00 PM
While Some sectors in the trucking industry are having difficulties, Cummins last year recorded its best year in its history, despite a decline in commercial truck sales.
Cummins' worldwide revenue was $8.2 billion, more than double the revenue of five years ago, said Jim Kelly, president of Cummins engine division. This better profitability is enabling the company to invest more in new technology and product development.
The gains were accomplished despite a significant decline in both heavy- and medium-duty truck sales. He attributed the business boost to Cummins' ongoing global strategy of diversification into other engine markets, such as power generation and marine.
Products
Cummins has two new ComfortGuard APU (auxiliary power unit) solutions that meet the more stringent 2008 California Air Resources Board (CARB) idle reduction regulations that went into effect on January 1.
The first is a stand-alone particulate filter. The other is a Cummins engine installation kit to route the ComfortGuard diesel exhaust gas into the Cummins Particulate Filter.
Meanwhile, the company has expanded its ReCon line of remanufactured products to include cooled-EGR ISX and ISM engines and components; High Pressure Common Rail fuel system components for the ISL, ISC, and ISB engines; and aftertreatment components for Cummins' current production engines.
Specifically for drivers, Cummins has created an assortment of training tools that present the various features of its engines, fuel-saving techniques, and information on its aftertreatment system.
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