Cummins (CMI) to acquire Jacobs Vehicle Systems
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Cummins to Acquire Engine Braking and Cylinder Deactivation Company to Advance Its Path to a Zero Emissions Future
February 9, 2022 7:30 AM ESTCOLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today announced the signing of an agreement to acquire Jacobs Vehicle Systems (JVS), a subsidiary of Altra Industrial Motion Corp., and a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. The agreement brings the addition of new technologies to provide growth opportunities for Cummins current and future advanced diesel engine platforms. The acquisition of JVS also secures critical USMCA qualified engine components for current and aftermarket products and expands on Cummins Turbo Technologies success with customers globally.
JVS brings... More
