Cummins Announces Major Investments in Oil and Gas Market At Offshore Technology Conference 2001 in Houston.Business Editors & Automotive Writers HOUSTON--(BUSINESS WIRE)--May 7, 2001 World's Largest Producer of Diesel, Natural Gas Engines Above 50 hp Presents Electronically Controlled, Lower-Emission Engines Cummins Inc. (NYSE NYSE See: New York Stock Exchange :CUM) today presented at the Offshore Technology Conference 2001 its family of electronically controlled, lower-emission, diesel and natural gas engines, as well as its new Oil and Gas Distributor Council. "Cummins has recently completed a period of significant investment - more than $1.7 billion in new technology, plants, equipment and support, all driven by our commitment to serving our customers' needs and protecting the environment," said Mark Levett, vice president and general manager - high horsepower horsepower, unit of power in the English system of units. It is equal to 33,000 foot-pounds per minute or 550 foot-pounds per second or approximately 746 watts. , Cummins. "We are pleased to introduce to the Oil and Gas market today the most technologically advanced diesel and natural gas engines in the industry. "These clean-burning and fuel-efficient engines have been field-tested and are designed to meet current and future emissions standards," he added. Levett explained that in developing their engines, the company integrated its key technologies in air handling, electronics, filtration filtration: see sewerage; water supply. Filtration The separation of solid particles from a fluidsolids suspension of which they are a part by passage of most of the fluid through a septum or membrane that retains most of the solids , fuel systems and combustion combustion, rapid chemical reaction of two or more substances with a characteristic liberation of heat and light; it is commonly called burning. The burning of a fuel (e.g., wood, coal, oil, or natural gas) in air is a familiar example of combustion. processes. Known for its excellent power density, economical operation and exceptional uptime, Cummins offers 14 diesel engine platforms from 55 hp to 3500 hp, and 11 natural gas engine platforms from 33 hp to 2450 hp, as well as custom ratings to fit special applications. Their engines are the mainstay power sources in the on-highway trucking, construction, agriculture, military, marine, stationary Stationary can mean:
According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Levett, Cummins has geared up to bring the best product offering as well as the best technology and customer support to oil and gas job sites around the world. To further demonstrate its commitment to its customers in the industry, Cummins has formed an Oil and Gas Distributor Council comprised of representatives from each of its worldwide distributors dedicated to the market. Said Bernie Koczaja, executive director - Oil and Gas markets, "Cummins is here to help you be more efficient, effective and environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] in this ever-changing, highly visible industry. And we have the power you need, in every sense of the word, to drill and deliver oil and gas to the global economy." Cummins, headquartered in Columbus, Ind IND Investigational new drug Therapeutics A status assigned by the FDA to a drug before allowing its use in humans, exempting it from premarketing approval requirements so that experimental clinical trials may be conducted. See Phase 1.2, 3 studies, Sponsorship. ., is the world's largest producer of commercial diesel engines above 50 horsepower. The company provides products and services for customers in markets worldwide for engines, power generation and filtration. Cummins reported sales of $6.6 billion in 2000. Press releases by fax may be requested by calling News on Demand (toll-free) at 888-329-2305. The Cummins home page on the Internet can be found at www.cummins.com. |
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