NORTHAMPTON, MA / ACCESSWIRE / September 29, 2022 / Global power leader Cummins Inc.''s Columbus Mid-Range Engine Plant (CMEP) has received a 2022 Indiana governor''s environmental excellence award for a project reducing volatile organic compound (VOC) emissions by eliminating the plant''s painting operation. The change was made after an exhaustive, two-year study demonstrated the clear coating applied by the operation was providing little additional product protection. "It was a win any way you look at it: environmentally, financially, productivity, and quality," said Senior Industrial Engineer Clarissa Arriaga, who along with Current Product Senior Engineer Ashwini Khandelwal conducted the study that led to the change. "In today''s world we need to do whatever we can to make our engines the cleanest technology possible," Khandelwal added. The award was presented Sept. 21 during the state''s 25th Annual Pollution Prevention Conference in Indianapolis. CMEP was one of six entities honored at the event, joining other businesses, a school system, and public-private partnerships receiving awards this year.
NORTHAMPTON, MA / ACCESSWIRE / September 27, 2022 / Community recycling days over the summer at two of Cummins Inc.''s larger U.S. plants collectively emptied more than 2,000 vehicles of an estimated 140 tons of electronics, batteries, tires, used paint, old lightbulbs and more. The separate events at Cummins'' Jamestown Engine Plant (JEP) in Jamestown, New York, and the company''s Columbus Engine Plant (CEP) in Columbus, Indiana, also attracted plenty of people, some waiting as long as three hours for their chance to safely rid themselves of material they had been holding onto, sometimes for years. "It was really good to be able to have the Community Recycling Day at CEP once again," said CEP Plant Manager Kyle Lewandowski. "It has been a couple of years since this event was held due to COVID. It gives people within the community an outlet to dispose of things they have around the house that are typically difficult to get rid of safely." The Jamestown event was held June 18, while the Columbus recycling day took place Sept. 15.
Cummins Inc. found using ticker (CMI) have now 18 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 303.9 and 190 and has a mean target at 243.24. With the stocks previous close at 204 this is indicating there is a potential upside of 19.2%. There is a 50 day moving average of 216.49 and the 200 day MA is 210.26. The market capitalisation for the company is $28,576m. Visit the company website at: https://www.cummins.com [stock_market_widget type="chart" template="basic" color="green" assets="CMI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $34,073m based on the market concensus. Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines.
Major players in the silent generator market are Atlas Copco, Constant Power solutions Ltd, Cummins Inc, Fujian Epos Electric Machinery, Generac, Greaves Cotton Limited, Himoinsa, Honda, Huu Toan Corporation, Jiangxi Vigorous New Energy Technology Co. Major players in the silent generator market are Atlas Copco, Constant Power solutions Ltd, Cummins Inc, Fujian Epos Electric Machinery, Generac, Greaves Cotton Limited, Himoinsa, Honda, Huu Toan Corporation, Jiangxi Vigorous New Energy Technology Co.
Major players in the fuel cell market are Ballard Power Systems, Proton Motor Fuel Cell GmbH, AFC Energy Plc, Fuel Cell Energy Inc, SFC Energy, Pragma Industries, Cummins, Horizon Fuel Cell Technologies, Nuvera Fuel Cells LLC, Doosan Fuel Cell America, Solidpower S. Major players in the fuel cell market are Ballard Power Systems, Proton Motor Fuel Cell GmbH, AFC Energy Plc, Fuel Cell Energy Inc, SFC Energy, Pragma Industries, Cummins, Horizon Fuel Cell Technologies, Nuvera Fuel Cells LLC, Doosan Fuel Cell America, Solidpower S.
Columbus, Ind., United States: Cummins Inc. (NYSE: CMI) is showcasing its platform of zero-emissions applied sciences this week on the IAA Transportation present, the world’s […] The post Cummins unveils new technology for zero-emissions power solutions appeared first on Businessfortnight .
Cummins Inc.''s truck market is declining, so its profits and stock price are also likely to fall. Click to read why we think the CMI stock is a sell.
Columbus, Ind., United States: For the first time since finalizing the acquisition of Meritor, Inc. final month, Cummins Inc. (NYSE: CMI) will showcase Meritor’s 17Xe […] The post Cummins debuting electrified Meritor powertrains for the first time since acquisition appeared first on Businessfortnight .
Major players in the automotive filter market are MANN+HUMMEL, Robert Bosch, Toyota Boshoku, Cummins, Parker Hannifin Corp, Ahlstrom Corporation, Denso, Mahle GmbH, Hengst SE, Valeo SA, Sogefi Group, K&N Engineering Inc. Major players in the automotive filter market are MANN+HUMMEL, Robert Bosch, Toyota Boshoku, Cummins, Parker Hannifin Corp, Ahlstrom Corporation, Denso, Mahle GmbH, Hengst SE, Valeo SA, Sogefi Group, K&N Engineering Inc.
Cummins has a reasonable current valuation and the company''s focus on clean energy is likely to support higher valuations. Click to read why the stock is a buy.
Cummins Inc. found using ticker (CMI) now have 18 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 303.9 and 190 calculating the average target price we see 243.19. With the stocks previous close at 218.47 this now indicates there is a potential upside of 11.3%. The 50 day moving average now sits at 213.41 and the 200 day moving average is 210.67. The company has a market capitalisation of $30,963m. You can visit the company''s website by visiting: https://www.cummins.com [stock_market_widget type="chart" template="basic" color="green" assets="CMI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $34,467m based on the market concensus. Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power.
The nascent hydrogen industry is set up for a long-term secular shift in the logistics and transportation sector. Read what this means for CMI stock.
Major players in the marine engines market are Cummins Inc, Caterpillar, Mitsubishi Heavy Industries Ltd, Volvo Penta, Yanmar Holdings Co Ltd, Wärtsilä, Hyundai Heavy Industries Co Ltd, Daihatsu Diesel Mfg Co Ltd, MAN Energy Solutions, Volkswagen Group, WinGD, Siemens Energy, Wabtec, Isotta Fraschini Motori, CNPC Jichai Power Company Limited, Bergen Engines, Rolls-Royce Holdings and Bergen Engines. Major players in the marine engines market are Cummins Inc, Caterpillar, Mitsubishi Heavy Industries Ltd, Volvo Penta, Yanmar Holdings Co Ltd, Wärtsilä, Hyundai Heavy Industries Co Ltd, Daihatsu Diesel Mfg Co Ltd, MAN Energy Solutions, Volkswagen Group, WinGD, Siemens Energy, Wabtec, Isotta Fraschini Motori, CNPC Jichai Power Company Limited, Bergen Engines, Rolls-Royce Holdings and Bergen Engines.
Cummins (CMI) is scaling electrolyzer manufacturing capacity at its Oevel factory in Belgium to 1GW.The project is being supported by Important Project of Common European Interest…
WASHINGTON (dpa-AFX) - Cummins Inc. (CMI) said it will expand PEM electrolyzer manufacturing capacity at its Oevel, Belgium, factory to 1 gigawatt with the support from the Important Project of Co…
Cummins Inc. (NYSE: CMI) will expand PEM electrolyzer manufacturing capacity at its Oevel, Belgium, factory to 1 gigawatt (GW) with the support from the Important Project of Common European Intere…
Werner Enterprises (WERN) and Cummins (CMI) has signed a LOI to purchase 500 Cummins’ 15-liter hydrogen internal combustion engines upon availability.Announced earlier, Werner…
Cummins Inc. with ticker code (CMI) have now 18 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 303.9 and 190 calculating the average target price we see 243.13. With the stocks previous close at 214.92 this now indicates there is a potential upside of 13.1%. There is a 50 day moving average of 211.78 and the 200 moving average now moves to 210.92. The company has a market capitalisation of $30,013m. Company Website: https://www.cummins.com [stock_market_widget type="chart" template="basic" color="green" assets="CMI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $33,952m based on the market concensus. Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines.
Cummins (CMI) has signed a letter of intent with Transport Enterprise Leasing, under which the latter will purchase Cummins'' 15-liter hydrogen internal combustion engines…
Cummins Inc. found using ticker (CMI) now have 18 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 303.9 and 190 and has a mean target at 243.13. Now with the previous closing price of 222.5 this is indicating there is a potential upside of 9.3%. The 50 day MA is 209.9 while the 200 day moving average is 211.33. The company has a market cap of $31,200m. Find out more information at: https://www.cummins.com [stock_market_widget type="chart" template="basic" color="green" assets="CMI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $34,093m based on the market concensus. Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines.
Cummins (CMI) and Buhler Industries (BIIAF), tractor manufacturer under Versatile brand to integrate the Cummins 15-liter hydrogen engines in Versatile’s equipment to lead…
Cummins Inc. (NYSE: CMI ) and Buhler Industries Inc . (OTC: BIIAF ), a tractor manufacturer under the Versatile brand, have signed a letter of intent . Under the LOI, they plan to integrate the Cummins … Full story available on Benzinga.com
BOONE, Iowa--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) and Buhler Industries Inc. (TSX: BUI), a leading tractor manufacturer under the Versatile brand, announced today that they have signed a letter of intent and plans to integrate the Cummins 15-liter hydrogen engines in Versatile’s equipment to lead the decarbonization of the agriculture market. Versatile is a longstanding manufacturer in the agriculture space with a reputation for excellence in tractors,” said Ann Schmelzer, General Manager
Fuel cell energy stocks have been in the news for a recently announced tax credit low carbon hydrogen by the U.S. government. The new tax credit is part of the Inflation Reduction Act (IRA) and could become a major needle-mover for the sector. Fuel cells use energy from hydrogen and other clean fuels to generate power efficiently. Most industry experts feel it will play a massive role in achieving zero carbon emissions. Moreover, as its technologies improve, the sector will rebound emphatically. Research suggests that the worldwide fuel cell industry will grow 23.3% from 2020 to 2028. Having said that, let’s look at the best fuel cell energy stock to buy on the dip. FCEL FuelCell Energy $4.20 BLDP Ballard Power Systems $7.99 CMI Cummins $222.50 PLUG Plug Power $28.94 BE Bloom Energy $26.22 APD Air Products & Chemicals, Inc. $262.23 LIN Linde $286.25 FuelCell Energy ( FCEL ) Source: Kaca Skokanova/Shutterstock FuelCell Energy (NASDAQ: FCEL ) is a leader in manufacturing fuel cell energy platforms for the production of hydrogen and decarbonizing power.
Westport Fuel Systems has seen its share price crater as their joint venture with Cummins concluded and as supply chain issues. Click here to read more.
Coal India, City Union Bank, Cummins, IDFC First Bank and Piramal Enterprises are the five F&O stocks tha can deliver up to 21 per cent returns in the September series.
Wes Cummins , Director at Vishay Precision Group (NYSE: VPG ), reported a large insider buy on August 23, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Cummins purchased 6,610 shares of Vishay Precision Group. The total transaction amounted to $233,134. Vishay Precision Group shares are trading up 0.95% at $36.0 at the time of this writing on Wednesday morning. Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm. Why Insider Transactions Are Important Insider transactions shouldn''t be used primarily … Full story available on Benzinga.com
The domestic brokerage listed 13 stocks to play the multi-year theme. Financials - ICICI Bank and Axis Bank, capital goods/infra - L&T, Siemens, Cummins, and GR Infra and capacity expansion-led volume growth - UltraTech, Dalmia Bharat, Navin Fluorine, Aarti Industries, NTPC, Phoenix Mills, and Havells India.
Cummins Inc. with ticker code (CMI) now have 18 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 303.9 and 190 with the average target price sitting at 243.13. With the stocks previous close at 228.58 this is indicating there is a potential upside of 6.4%. There is a 50 day moving average of 207.17 and the 200 moving average now moves to 211.64. The market cap for the company is $31,639m. Find out more information at: https://www.cummins.com [stock_market_widget type="chart" template="basic" color="green" assets="CMI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $33,653m based on the market concensus. Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power.
Volatility is high on Dalal Street as inflationary worries renewed hawkishness by the US Fed. However, analysts believe that traders have enough opportunities on both sides - short and long - to make strong returns. Based on analysts'' recommendations, here are some stocks that can rise sharply in the near term: Money-making Ideas
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Coal India, Pidilite, Hindalco, Eicher Motors, Tata Consumer Products, IRCTC, Abbott India, Patanjali Foods, Max Healthcare, SAIL, Zydus Lifesciences, NHPC and Cummins are among the companies that will announce their earnings for the quarter ended June 2022.
Cummins Inc. with ticker code (CMI) now have 18 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 303.9 and 190 with a mean TP of 236.41. Given that the stocks previous close was at 220.02 this now indicates there is a potential upside of 7.4%. There is a 50 day moving average of 203.9 while the 200 day moving average is 212.31. The company has a market cap of $30,949m. You can visit the company''s website by visiting: https://www.cummins.com [stock_market_widget type="chart" template="basic" color="green" assets="CMI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $33,255m based on the market concensus. Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines.
Two large corporations based in Indiana — pharmaceutical company Eli Lilly and engine manufacturer Cummins — criticized the state''s restrictive new abortion law on Saturday, The New York Times reported . Eli Lilly said in a statement that the company "will be forced to plan for more employment growth outside our home state" and that it has expanded its employee health plan to cover travel expenses for out-of-state abortions. A spokesperson for Cummins stated that restrictions on abortion would "impede" the company''s "ability to attract and retain top talent." Each company employs about 10,000 people in the Hoosier state. Indiana''s new abortion law , which Gov. Eric Holcomb signed Friday , bans all abortions except in cases of rape, incest, lethal fetal abnormality, or serious health risk to the mother. In a statement issued after he signed the bill, Holcomb acknowledged that abortion is an "emotional and complex topic" and that the debate over the issue "is unlikely to cease any time soon.
Cummins is doing just fine and trades at not-too-demanding valuation, making it a fair addition to most portfolios here. Click here for a full analysis of CMI stock.
An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters Drugmaker Eli Lilly, one of the biggest employers in Indiana, said that the state’s newly passed law restricting abortions will cause the company to grow away from its home turf. […] The post Large Indiana employers Eli Lilly and Cummins speak out about the state’s new restrictive abortion law appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .
WASHINGTON (AP) — Democrats call it the “Inflation Reduction Act.” Republicans say it''s a “tax and spending spree.” And everyone has a study they say proves it. Recent bipartisan action in Congress on matters ranging from producing computer chips to expanding NATO isn’t extending to the latest economic package from Democrats, which is generating a battle of dueling statistics and projections over whether it would help or hurt the economy. For President Joe Biden, the Senate Democrats’ $739 billion package can help lower inflation, cut the budget deficit, address climate change and lower medical bills — a message that he’s trying to sell to the wider country amid intense Republican criticism. Biden appeared at a virtual event Thursday to highlight the proposal with leaders from General Motors, Cummins, Kaiser Permanente and the AFL-CIO, among other organizations. He called on Congress to listen to the public, dig into the numbers and vote for the bill. “Look at the facts,” Biden said. “Pass it.
WASHINGTON (AP) — Democrats call it the “Inflation Reduction Act.” Republicans say it’s a “tax and spending spree.” And everyone has a study they say proves it. Recent bipartisan action in Congress on matters ranging from producing computer chips to expanding NATO isn’t extending to the latest economic package from Democrats, which is generating a battle of dueling statistics and projections over whether it would help or hurt the economy. For President Joe Biden, the Senate Democrats’ $739 billion package can help lower inflation, cut the budget deficit, address climate change and lower medical bills — a message that he’s trying to sell to the wider country amid intense Republican criticism. Biden appeared at a virtual event Thursday to highlight the proposal with leaders from General Motors, Cummins, Kaiser Permanente and the AFL-CIO, among other organizations. He called on Congress to listen to the public, dig into the numbers and vote for the bill. “Look at the facts,” Biden said. “Pass it.
Biden to meet CEOs of GM, Carrier, Cummins on drug, tax bill
The following slide deck was published by Cummins Inc.
Cummins Inc. (NYSE: CMI ) reported second-quarter sales growth of 7.8% year-over-year to $6.59 billion , beating the consensus of $6.48 billion. EPS was $4.94 versus $4.10 a year ago. Sales in North America increased 15% while international revenues decreased 2% Y/Y, driven primarily by a slowdown in China and the indefinite suspension of its operations in Russia. Sales by segments: Engine $2.8 billion (+11% Y/Y), Distribution $2.3 billion (+17% Y/Y), Components $2 billion (-2% Y/Y), Power Systems $1.2 billion (+5% Y/Y), and New … Full story available on Benzinga.com
Cummins, Inc. (NYSE:NYSE:CMI) Q2 2022 Earnings Conference Call August 02, 2022, 10:00 ET Company Participants Christopher Clulow - VP & Corporate Controller Thomas Linebarger -…
Cummins (NYSE: CMI ) reported its Q2 earnings results on Tuesday, August 2, 2022 at 07:30 AM. Here''s what investors need to know about the announcement. Earnings Cummins beat estimated earnings by 9.66%, reporting an EPS of $4.77 versus an … Full story available on Benzinga.com
Cummins (CMI) is scheduled to announce Q2 earnings results on Tuesday, August 2nd, before market open.The consensus EPS Estimate is $4.34 (+5.9% Y/Y) and the consensus Revenue Estimate…
Cummins (CMI) announced an investment of $24M into Munich, Germany-headquartered VoltStorage, a technology company producing energy storage systems based on environmentally friendly…
Cummins (NYSE: CMI ) has outperformed the market over the past 20 years by 10.21% on an annualized basis producing an average annual return of 18.25%. Currently, Cummins has a market capitalization of $30.48 billion. Buying $1000 In CMI: If an … Full story available on Benzinga.com
Yesterday US President Joe Biden had a virtual meeting on the Chips Act with the CEOs of Lockheed Martin, Cummins and Medtronic and Commerce Secretary Gina Raimondo. “Congress must pass this bill as soon as possible,” said Biden “there is an economic imperative. This bill is going to supercharge efforts to make semiconductors.” The bill … The post Biden pushes for Chips Act appeared first on Electronics Weekly .
WASHINGTON : US President Joe Biden met virtually yesterday (July 25) with the chief executives of Lockheed Martin Corp, Medtronic PLC and Cummins Inc along with labour leaders as part of the administration’s push for legislation to boost the US semiconductor industry. “Congress must pass this bill as soon as possible,” Biden said. “There is an economic imperative … This bill is going to supercharge efforts to make semiconductors.” The Senate’s Democratic majority leader, Chuck Schumer, said he was delaying a procedural vote because of severe weather issues until today. The bill includes about US$52 billion (RM231 billion) in subsidies for US semiconductor production, as well as a new, four-year 25% tax credit to encourage companies to build US semiconductor plants. The tax credit is estimated to be worth US24 billion. Other provisions include a US$1 billion grant program for “persistently distressed communities”. Last week, the Senate backed by 64 to 34 a procedural measure on a slimmed-down version of legislation.