Cummins Inc. Introduces New Business Opportunity - Fleetguard Emission Solutions Formed.Business Editors COLUMBUS, Ind.--(BUSINESS WIRE)--Feb. 28, 2002 Today Cummins Inc. (NYSE NYSE See: New York Stock Exchange :CUM) unveiled a new venture within its filtration business unit to create and sell solutions to treat the byproducts from engine combustion. Fleetguard Emission Solutions unit has been formed to provide solutions for customers to meet the tightening emissions regulations around the world. The venture fits well with Cummins long-standing commitment to work towards a cleaner, healthier, and safer environment in everything that we do. The technology offered through the Fleetguard Emission Solutions business will enable reciprocating engines to cost-effectively meet or exceed future U.S., EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. , and international emissions requirements. This business will research, develop, and commercialize systems and products for use in mobile and stationary applications. This business will focus on the retrofitting of the existing engine population with emissions control Emissions control may refer to:
abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Vanderbilt University Vanderbilt University, at Nashville, Tenn.; coeducational; chartered 1872 as Central Univ. of Methodist Episcopal Church, founded and renamed 1873, opened 1875 through a gift from Cornelius Vanderbilt. Until 1914 it operated under the auspices of the Methodist Church. . Mike has had extensive experience in finance, logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet , and sales and marketing during his 17-year career at Cummins. "The worldwide Cummins distribution system provides a unique opportunity to take advantage of currently available retrofit ret·ro·fit v. ret·ro·fit·ted or ret·ro·fit, ret·ro·fit·ting, ret·ro·fits v.tr. 1. To provide (a jet, automobile, computer, or factory, for example) with parts, devices, or equipment not in opportunities," said Cross. "In addition, we are increasing our investment in product development for the next round of emission regulations. In the long run, our goal is to be the leading supplier of integrated first-fit emission solutions to both internal customers, such as the Engine and Power Generation business units of Cummins, as well as non-Cummins OEMs." The new unit of Fleetguard is well positioned for success in an essential and rapidly growing industry. Rick Mills, Cummins Vice-President, President-Filtration and Fleetguard Inc., explains, "No other company can match our strength and experience in filtration, exhaust systems Noun 1. exhaust system - system consisting of the parts of an engine through which burned gases or steam are discharged exhaust automobile engine - the engine that propels an automobile , engine emission technology, our global distribution system, and our partnerships with suppliers and other equipment OEMs that we have." A global power leader, Cummins Inc., is a corporation of complementary business units that design, manufacture, distribute, and service electrical power generation systems, engines, and related technologies, including fuel systems, controls, air handling, filtration, and emissions solutions. Headquartered in Columbus, Indiana Columbus (IPA: [kəˈlʌm.bəs]) is the county seat of Bartholomew County, Indiana. The population was 39,059 at the 2000 census. The current mayor is Fred Armstrong. (USA), Cummins serves its customers through more than 500 company-owned and independent distributor locations in 131 countries and territories. With 24,900 employees worldwide, Cummins reported sales of $5.7 billion in 2001. Press releases by fax can be requested by calling News On Demand (toll free) at 888-329-2305. Cummins home page can be found at www.cummins.com. |
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