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About Cummins
Industries
Industrial & Manufacturing
Energy
Company Size
10,001+
Company Stage
IPO
Total Funding
$82.5M
Headquarters
Columbus, Ohio
Founded
1919
Overview
Cummins designs and manufactures power solutions, including diesel, natural gas, electric, and hybrid powertrains. Their products work by providing energy systems that power various vehicles and industrial equipment. Cummins stands out from competitors by offering a wide range of power solutions across multiple segments, such as engines, power systems, and components, while also focusing on sustainability and clean energy initiatives. The company's goal is to lead in the power solutions industry by developing innovative technologies, particularly in hydrogen engines, and promoting environmentally friendly practices.
Simplify's Take
What believers are saying
- Cummins' focus on sustainable solutions aligns with growing demand in heavy industries.
- Leadership changes could strengthen distribution strategy and operational efficiency.
- Consistent diversity recognition enhances brand reputation and talent attraction.
What critics are saying
- Leadership changes may disrupt operations and strategic direction.
- First Mode acquisition could face integration challenges with existing systems.
- Class action lawsuit poses potential financial and reputational risks.
What makes Cummins unique
- Cummins leads in multi-fuel and low-emission technologies with HELM(TM) engine platforms.
- The acquisition of First Mode enhances Cummins' electrification and hybrid retrofit capabilities.
- Project Unity advances hydrogen powertrain design, improving efficiency and durability.
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Funding
Total Funding
$82.5M
Above
Industry Average
Funded Over
1 Rounds
Company News
Shon Wright, currently vice president of Cummins Components and Software, has been appointed vice president and president of distribution business.
Cummins has announced two leadership appointments in operations and distributions, effective March 15, promoting Bonnie Fetch and Shon Wright.
Cummins has acquired Seattle-based First Mode, specializing in electrification for mining and rail vehicles, to enhance its alternative drive solutions. The acquisition includes First Mode's hydrogen and battery technologies and teams in the U.S., Australia, and Chile. This move follows Anglo American's divestment from First Mode. Cummins will integrate First Mode into its Power Systems division, advancing its decarbonization efforts with hybrid retrofit technology for mining vehicles.
Stonebridge Financial Group LLC makes new $4.45 million investment in Cummins Inc. (NYSE:CMI).
Cummins Group in India made a resounding statement at the Bharat Mobility Global Expo 2025 with the launch of its groundbreaking HELM(TM) (Higher Efficiency, Lower Emissions, Multiple Fuels) engine platforms, solidifying its position as a leader in innovative and sustainable power solutions for the commercial vehicle (CV) market.
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About Cummins
Industries
Industrial & Manufacturing
Energy
Company Size
10,001+
Company Stage
IPO
Total Funding
$82.5M
Headquarters
Columbus, Ohio
Founded
1919
There are no jobs for Cummins right now.
Find jobs on Simplify and start your career today