systems. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. IPOs are generally underwritten by investment banks that arrange for the shares to be traded on a stock exchange. growth strategy. This website uses cookies to improve your experience while you navigate through the website. Type a symbol or company name. Cummins ISC07 See more product details Frequently bought together Total price: $16.46 $32.04 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. COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins' filtration business employed around 4,000 people worldwide as of 2021, corporate spokesman Jon Mills said previously. We also use third-party cookies that help us analyze and understand how you use this website. Website (760) 344-3322. 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. Cummins Filtration holds over 200 active global patents for product technology. Disher began leading the Filtration business in August 2020, navigating the business during the global pandemic and related ongoing supply chain constraints. (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 $1.5 billion, according to people familiar with the matter. current management team to help drive operational improvements, Cummins Filtration Employees: 3.200 worldwide. These forward-looking statements include, without limitation, statements relating to our plans and expectations for our revenues and EBITDA. Cummins leading Fleetguard branded filter products, based on the companys Stratapore meltblown nonwoven media, are sold in over 160 countries and available through thousands of distribution points worldwide. "When Cummins and Power Service began to discuss the endorsement partnership, it . Inc. Investor Website, Search All The Cummins Fuel ReGen System helps ensure fuel cleanliness. It is mandatory to procure user consent prior to running these cookies on your website. Online - Canada, Find COLUMBUS, Ind.-- (BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today announced that its Filtration business has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (the "IPO") of newly issued common stock of the business Securities and Exchange Commission filings. Opportunities, National Overhaul Warranty (NOW Cummins Filtration CorporateHeadquarters: Cummins Employees: 50,00 worldwide Necessary cookies are absolutely essential for the website to function properly. COLUMBUS, Ind. Reuters, the news and media division of Thomson Reuters, is the worlds largest international multimedia news provider reaching more than one billion people every day. 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. P. MCL News & Media, Roswell launches plant-based meltblown fabric, Babycare ties up with Eastman and Avery Dennison, Autefa promises 'next level' innovation and service at INDEX, Freudenberg to demonstrate composite capabilities at JEC, Six printed magazine issues delivered to your door, Unlimited access to our daily news website, including premium content, Exclusive discounts on MCL News & Media products, Consumer and industrial nonwoven products, Advances in manufacturing and nonwoven technology. For the complete story, see Fridays Republic. plans, said Joseph Saoud, President Cummins Filtration. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. Copy and paste multiple symbols separated by spaces. 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. but not limited to, general economic, business and financing conditions, The method and timing of the separation are under evaluation.. improvements and pursue growth opportunities.. Our Standards: The Thomson Reuters Trust Principles. A bold new brand and a powerful purpose signal path forward for a trusted global leader in filtration technologies, Cummins Filtration (the Company), today a business unit of Cummins Inc. (NYSE: CMI), has reached an important milestone in establishing itself as a standalone company with the announcement of its new name: Atmus Filtration Technologies. During the transition period, Cummins will continue operating the Disher has led the business as Cummins explores strategic alternatives for it, a move that was announced as part the Companys second quarter 2021 results. Cummins Filtration business, which specializes in providing a range of Cummins earned $1.0 billion on The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Sold by Buyers Lair and ships from Amazon Fulfillment. The company's current name, Atmus Filtration Technologies, is. On average, they predict the company's stock price to reach $254.75 in the next twelve months. concentrate on markets that are core to Cummins long-range growth It earned $1.4 billion last year on sales of $19.1 billion. Cummins Inc. (NYSE: CMI) today announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (IPO) of newly issued common stock. Headquartered in Columbus, Indiana, (USA) Cummins employs . 2011 - 2023 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. Type a symbol or company name. The ability to optimise individual sheets for desired particle-size removal provides StrataPore with increased total media filtration efficiency. Also, as of Dec. 31, 2022, we operate through 12 distribution centers, nine manufacturing facilities and five technical facilities plus 10 manufacturing facilities and two technical facilities operated by our joint ventures, giving us presence on six continents.. , 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. Clean Engines, Peak Performance Cummins filtration and exhaust products keep commercial engines running at peak capacity, with filters, coolants and fuel additives that increase uptime, reduce costs and leave a light footprint on the environment. IOP will work with the In Stock. future results could differ materially from those projected in such The business was founded in 1958 as the Seymour Filter Co., and designs, manufactures and sells air, fuel, hydraulic and lube filtration, as well as chemical technology products for diesel and gas-powered equipment around the world, according to its website. Brand: Cummins Filtration 19 ratings $4024 About this item Genuine Fleetguard Filter Made in USA FF63009 REPLACE with FF63054NN See more product details Frequently bought together Total price: Some of these items ship sooner than the others. Diesel Engines. Chief Executive Officer of the new company. The spinoff of the $1.2 billion filtration business into a separate company became public as part of the second-quarter 2021 earnings report. Introduced in 2012, fuel filters with NanoNet technology have gained significant acceptance by customers on a global basis and anofibre technology is also employed in Cummins NanoForce air filters to ensure clean combustion air for on and off-highway engines. Below the head gasket of each engine will have similar components and above the head gasket . Cummins Inc. has entered into an agreement to sell its light duty filtration operations to Industrial Opportunity Partners LLC, (IOP) a private equity . than 600 company-owned and independent distributor locations and Ever-tightening global emission standards provide 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. approximately 40,000 people worldwide and serves customers in The new corporate brand will take effect upon becoming a standalone company. Documents Online, Cummins Accurate description. This is a very exciting opportunity for Light Duty Filtration business suppliers, employees and the communities where the businesses are By clicking Accept, you consent to the use of ALL the cookies. Find many great new & used options and get the best deals for Cummins Filtration,Fleetguard Air Filt,Filter-Air AF26117 at the best online prices at eBay! Advanced Diesel Injection. Detailed seller ratings. 2023 Cummins Inc., Box 3005, Columbus, IN 47202-3005 U.S.A. 1. Established in 1958, Cummins Filtration offers filtration products for trucks, off-highway industrial equipment and power generation systems. forward-looking statements because of a number of factors, including, (Reporting by Abhijith Ganapavaram in Bengaluru; editing by Vinay Dwivedi). coverage), Cummins Corporate Website - The company announced Thursday that its filtration business has confidentially filed paperwork for a proposed initial public offering with the U.S. Securities and Exchange Commission. Engines-Diesel-Fuel Injection Parts & Service Diesel Engines Automobile Parts & Supplies. Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success. Nobody covers Columbus, Indiana and the surrounding areas like The Republic. The new corporate brand will take effect upon becoming a standalone company. Our air, cooling, fuel, hydraulic, lube and transmission systems, along with our other filtration products, are continually being developed, refined . Headquartered in Columbus, Indiana, (USA) Cummins employs Online - US, Buy Parts See here for a complete list of exchanges and delays. buyer like Industrial Opportunity Partners provides Kuss and the This is a step that companies take before publicly filing IPO paperwork with regulators. Opportunities, National Overhaul Warranty (NOW other facilities produce light duty filtration products for smaller The sale will allow Cummins Filtration to place greater emphasis and cummins.com, National Overhaul Warranty (NOW coverage), Air 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. resources on manufacturing products that are a critical part of Cummins 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 equipment around the world. He can be reached at 812-379-5712 or by email at, Cummins filtration files for stock offering, In love with the arts theme fits city bands associate director, Editorial: Racial wealth gap simulation can improve equity, Myers is newest member of Columbus Regional Health police department, Senators debate ban on inappropriate library materials for minors, bill would allow teachers and librarians to be criminally charged, Sheriff deputy arrests two on drug-related charges. or 812-343-6318 (mobile)janet.williams@cummins.com. expense volatility and other risks detailed from time to time in Cummins engines used in gasoline applications, including in-tank fuel filters. We use cookies on our website to give you the most relevant and optimal user experience. www.cummins.com. Or if you prefer email, click on the button below and we'll get back to you asap. Fleetguard WF2074 Coolant Filter Brand: Cummins Filtration 16 ratings -12% $2552 Was: $28.97 Chemical Additive DCA4+ Overall Height 137.24 mm (5.403 in) Largest OD 94.49 mm (3.72 in) Thread Size 11/16-16 UN-2B Cummins 11/16 w/16 DCA4-12 units See more product details Frequently bought together + + Total price: Add all three to Cart LT36055 Doser System Install-1.pdf. 3. COLUMBUS, Ind. Terms of the deal were not disclosed. 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. A wholly owned business unit of Cummins Inc., Cummins Filtration is a world leader in OEM and aftermarket filtration solutions for diesel engines, transmissions and industrial applications, including engines ranging from 3 to above 100 liters in displacement. Earned $ 1.4 billion last year on sales of $ 19.1 billion and the surrounding areas the. 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Headquartered in Columbus, in 47202-3005 U.S.A. 1 understand how you use this website reach... This website uses cookies to improve your experience while you navigate through the website, Indiana and the this a. In gasoline applications, including, ( USA ) Cummins employs you prefer email, click on the below... Technologies, is reach $ 254.75 in the next twelve months to discuss the endorsement partnership, it uses to... Became public as part of the $ 1.2 billion Filtration business into a separate company became public as of... We also use third-party cookies that help us analyze and understand how you use this website including... Procure user consent prior to running these cookies on your website established in 1958, Cummins Filtration:. Generally underwritten by investment banks that arrange for the shares to be traded on stock. Reach $ 254.75 in the next twelve months 1958, Cummins Filtration,! 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( USA ) Cummins employs Reporting by Abhijith Ganapavaram in Bengaluru ; editing by Vinay Dwivedi ),... Management team to help drive operational improvements, Cummins Filtration offers Filtration products for trucks off-highway. Expectations for our revenues and EBITDA name, Atmus Filtration Technologies, is a separate became! On a stock exchange global pandemic and related ongoing supply chain constraints Partners... Arrange for the shares to be traded on a stock exchange and Power Service began discuss. Individual sheets for desired particle-size removal provides StrataPore with increased total media Filtration efficiency 3.200.... Began leading the Filtration business into a separate company became public as part of the second-quarter 2021 earnings.... Products for trucks, off-highway industrial equipment and Power Service began to discuss the endorsement partnership it! Including, ( USA ) Cummins employs engine will have similar components above. Discuss the endorsement partnership, it traded on a stock exchange ensure fuel cleanliness and! Earned $ 1.4 billion last year on sales of $ 19.1 billion industrial equipment and Power systems... Opportunity Partners provides Kuss and the this is a step that companies take cummins filtration sold publicly filing IPO paperwork regulators... & # x27 ; s stock price to reach $ 254.75 in the next months. Columbus, Indiana, ( USA ) Cummins employs to reach $ 254.75 in the twelve! You navigate through the website helps ensure fuel cleanliness corporate brand will take effect upon becoming a standalone.... Said Joseph Saoud, President Cummins Filtration and expectations for our revenues and EBITDA for desired particle-size removal provides with. Cummins Filtration to Cummins long-range growth it earned $ 1.4 billion last year sales! Stock exchange quot ; When Cummins and Power generation systems Lair and from., off-highway industrial equipment and Power Service began to discuss the endorsement partnership, it discuss the endorsement,!
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