Cummins Inc. is an American multinational corporation that designs, manufactures, and distributes engines, filtration, and power generation products. Cummins also services engines and related equipment, including fuel systems, controls, air handling, filtration, emission control, electrical power generation systems, and trucks.
Headquartered in Columbus, Indiana, Cummins sells in approximately 190 countries and territories through a network of more than 600 company-owned and independent distributors and approximately 7,200 dealers.
Cummins reported a net income of $2.13 billion on sales of $24.02 billion in 2021. Cummins Power Systems Business Unit consists of Alternators, Automatic Transfer Switches, Commercial Power Systems, Consumer Systems, Engines, and Paralleling Systems
Who owns Cummins?
The Cummins Engine Company was founded in Columbus, Indiana, on February 3, 1919, by mechanic Clessie Cummins and banker William Glanton Irwin.
As of 2022, Cummins company is not owned by any automobile company. It’s an independent company. Ford and Tenneco each agreed to invest $100 million, with each receiving a 10.8 per cent stake in Cummins, a diesel-engine maker based in Columbus, Ind.
Kubota, a manufacturer of farm and construction equipment, will receive a 5.4 per cent stake.
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