Cummins (CMI) Shares Plans to Deliver Long-term Growth and Increased Profitability

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Cummins Shares Plans to Deliver Long-term Growth and Increased Profitability

November 21, 2019 7:30 AM EST

Launching New Power business which includes existing electrification business as well as fuel cell and hydrogen production technologies Company shares plans to effectively manage through cyclical downturn by lowering structural costs by $250 million to $300 million in 2020 Cummins has the financial strength to invest through the cycle and return cash to shareholders

COLUMBUS, Ind.--(BUSINESS WIRE)-- At a meeting with analysts and shareholders today, members of the leadership team of Cummins Inc. (NYSE: CMI), a global power leader, shared the Companys plans to... More