Cummins Engine Company, Inc. Ranked Among the Best Places for Minorities.Business Editors COLUMBUS, Ind.--(BUSINESS WIRE)--July 7, 2000 Cummins Engine Company, Inc. (NYSE NYSE See: New York Stock Exchange :CUM) has been ranked number 47 on "Fortune" magazine's list of the 50 best companies for minorities. "We are pleased and proud to be recognized by "Fortune" magazine as one of the 50 best companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. for minority employees," said Tim Solso, Cummins' Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We believe that our success as a company comes from embracing diversity and creating a work environment that encourages everyone to contribute to their full potential. Only those companies that are diverse, and that manage diversity well, will be competitive in the 21st Century." Cummins tracks and measures diversity initiatives dealing with representation; recruiting, hiring and retention; training; and procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. ; just as it measures financial performance. Cummins also has Local Diversity Councils (LDC LDC See: Less developed countries LDC See less developed country (LDC). ) throughout the organization. These global Councils serve as ambassadors of diversity for the company. They are involved in training, recruiting, and retention issues pertinent to diversity. "While we have made significant progress in the area of diversity, we recognize that there is still work to be done," said Solso. "This year we are addressing employee retention, strengthening support of Local Diversity Councils, identifying the "disadvantaged' groups in our international organizations and improving work-life initiatives." Because an inclusive environment is valued by Cummins, all employees must attend Spectrum Diversity Training, designed exclusively for the organization. The company also offers training and enforces a Treatment of Others, Harassment Ask a Lawyer Question Country: United States of America State: Nevada I recently moved to nev.from abut have been going back to ca. every 2 to 3 weeks for med. and Code of Conduct Policy. Cummins, headquartered in Columbus, Ind., is the world's largest producer of diesel engines above 200 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. . The company provides products and services for customers in markets worldwide for engines, power generation and filtration. Cummins reported record sales of $6.6 billion in 1999. Press releases by fax may be requested by calling News on Demand (toll free) at 888-329-2305. Cummins' home page on the Internet can be found at http:\\www.cummins.com. |
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