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Cummins Inc. (NYSE:CMI) today announced that Ed Pence, Vice President, Strategic Initiatives, is retiring after 36 years with the company, which included a variety of leadership roles.
Cummins today announced a clean diesel repower initiative to replace the engine and exhaust aftertreatment in older buses with a fully certified, very low emissions Euro VI system.
Cummins engines have used SCR technology since 2006 and there are now more than one million units in the field.
Third quarter revenues of $5.3 billion increased 26% from the same quarter in 2016.
“Whilst most manufacturers are adding technologies for Stage V, Cummins are changing the rules and reducing complexity.
"To be a leading provider of electrified power systems just as we are with diesel and natural gas driven powertrains, we must own key elements and subsystems of the electrification network," said Tom Linebarger, Chairman and CEO, Cummins Inc.
If approved by the shareholders, the amendments to the Restated Articles of Incorporation will become effective promptly after the 2018 Annual Meeting of Shareholders, along with a conforming By-law amendment.
“Whilst most manufacturers are adding technologies for Stage V, Cummins are changing the rules and reducing complexity.