It earned $1.4 billion last year on sales of $19.1 billion. Also, as of Dec. 31, 2022, we operate through 12 distribution centers, nine manufacturing facilities and five technical facilities plus 10 manufacturing facilities and two technical facilities operated by our joint ventures, giving us presence on six continents.. The company believes the separation will create value for both companies by enabling enhanced focus on key strategic initiatives, continued innovation in core and new technologies for Cummins, and greater focus and operating flexibility for the Filtration business. Truck makers have experienced a drop in sales this year as lackluster economic growth and high retail inventories have discouraged many trucking companies from putting in orders for new vehicles. MCL News & Media, Roswell launches plant-based meltblown fabric, Babycare ties up with Eastman and Avery Dennison, Autefa promises 'next level' innovation and service at INDEX, Freudenberg to demonstrate composite capabilities at JEC, Six printed magazine issues delivered to your door, Unlimited access to our daily news website, including premium content, Exclusive discounts on MCL News & Media products, Consumer and industrial nonwoven products, Advances in manufacturing and nonwoven technology. coverage), Cummins Corporate Website - Opportunities, National Overhaul Warranty (NOW Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. In 2021, then-Cummins Chairman and CEO Tom Linebarger told financial analysts that the company was exploring a range of options for the business unit, telling financial analysts that the business is doing great but we just think it can operate separately from us more effectively going forward.. or 812-343-6318 (mobile)janet.williams@cummins.com. The company announced Thursday that its filtration business. We use cookies on our website to give you the most relevant and optimal user experience. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (the" Securities Act"). Columbus, Indiana-based Cummins said it was exploring options for its filteration unit, which had sales of about $1.2 billion in 2020. and related technologies, including fuel systems, controls, air Type a symbol or company name. Brand: Cummins Filtration 126 ratings $1646 Get Fast, Free Shipping with Amazon Prime FREE Returns ***Sold as a 1 Filter Largest OD 93.47 mm (3.68 in) Overall Height 175.77 mm (6.92 in) Thread Size 7/8-14 UNF-2B Cummins: 4940647. Our actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including, but not limited to: any adverse results of our internal review into our emissions certification process and compliance with emission standards; increased scrutiny from regulatory agencies, as well as unpredictability in the adoption, implementation and enforcement of emission standards around the world; changes in international, national and regional trade laws, regulations and policies; any adverse effects of the U.S. government's COVID-19 vaccine mandates; changes in taxation; global legal and ethical compliance costs and risks; increasingly stringent environmental laws and regulations; future bans or limitations on the use of diesel-powered products; raw material, transportation and labor price fluctuations and supply shortages; aligning our capacity and production with our demand; the actions of, and income from, joint ventures and other investees that we do not directly control; large truck manufacturers' and original equipment manufacturers' customers discontinuing outsourcing their engine supply needs or experiencing financial distress, bankruptcy or change in control; product recalls; variability in material and commodity costs; the development of new technologies that reduce demand for our current products and services; lower than expected acceptance of new or existing products or services; product liability claims; our sales mix of products; failure to complete, adverse results from or failure to realize the expected benefits of the separation of our filtration business; our plan to reposition our portfolio of product offerings through exploration of strategic acquisitions and divestitures and related uncertainties of entering such transactions; challenging markets for talent and ability to attract, develop and retain key personnel; climate change and global warming; exposure to potential security breaches or other disruptions to our information technology environment and data security; political, economic and other risks from operations in numerous countries including political, economic and social uncertainty and the evolving globalization of our business; competitor activity; increasing competition, including increased global competition among our customers in emerging markets; labor relations or work stoppages; foreign currency exchange rate changes; the performance of our pension plan assets and volatility of discount rates; the price and availability of energy; continued availability of financing, financial instruments and financial resources in the amounts, at the times and on the terms required to support our future business; and other risks detailed from time to time in our SEC filings, including particularly in the Risk Factors section of our 2021 Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. deployment of filtration products. 2023 Cummins Inc., Box 3005, Columbus, IN 47202-3005 U.S.A. He can be reached at 812-379-5712 or by email at, Cummins moves to separate its filtration business into standalone company, Today is final day to request absentee ballot application by mail for primary, Myers is newest member of Columbus Regional Health police department, Senators debate ban on inappropriate library materials for minors, bill would allow teachers and librarians to be criminally charged, Sheriff deputy arrests two on drug-related charges. A wholly owned business unit of Cummins Inc., Cummins Filtration is a world leader in OEM and aftermarket filtration solutions for diesel engines, transmissions and industrial applications, including engines ranging from 3 to above 100 liters in displacement. Designed for use on storage tanks of 10,000 gallons and larger,*the Fuel ReGen System runs 24/7 in a continuous recirculation configuration. handling, filtration, emission solutions and electrical power generation It is mandatory to procure user consent prior to running these cookies on your website. But opting out of some of these cookies may have an effect on your browsing experience. 2023 Cummins Filtration, 26 Century Boulevard, Nashville, Tennessee 37214 U.S.A. The ability to manipulate its own media allows Cummins to optimise the performance levels of Fleetguard products in respect of the polymer, fibre diameter, pore size, thickness and permeability for every layer and number of layers. These forward-looking statements include, without limitation, statements relating to our plans and expectations for our revenues and EBITDA. The companys current name, Atmus Filtration Technologies, is derived from atmosphere and reflects its purpose of creating a better future by protecting what is important, Cummins said. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. Products. operations in Sao Paulo, Brazil and Shanghai, China. The company announced Thursday that its filtration business has confidentially filed paperwork for a proposed initial public offering with the U.S. Securities and Exchange Commission. Cummins filtration business offers more than 8,300 products, including air, fuel, lube and hydraulic filters, as well as fuel water separators, coolants and fuel additives. 49. future results could differ materially from those projected in such ; and Kuss Established in 1958, Cummins Filtration offers filtration products for trucks, off-highway industrial equipment and power generation systems. www.cummins.com. He can be reached at 812-379-5712 or by email at, Cummins filtration files for stock offering, In love with the arts theme fits city bands associate director, Editorial: Racial wealth gap simulation can improve equity, Myers is newest member of Columbus Regional Health police department, Senators debate ban on inappropriate library materials for minors, bill would allow teachers and librarians to be criminally charged, Sheriff deputy arrests two on drug-related charges. Nobody covers Columbus, Indiana and the surrounding areas like The Republic. She truly is a champion of our mission, vision and values, and her leadership, strategic mindset and caring nature have been incredibly important for all Filtration employees and the future opportunities for the business.., 2023 Cummins Filtration, 26 Century Boulevard, Nashville, Tennessee 37214 U.S.A, https://www.cummins.com/news/releases/2023/02/21/cummins-announces-filing-ipo-registration-statement-filtration-business. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Headquartered in Columbus, Indiana, (USA) Cummins employs . 2980 N. National Road, Suite A, Columbus, IN 47201, Main Switchboard: (812) 372-7811 Restore - Cooling System Cleaner 1 gal - CC2610. approximately 40,000 people worldwide and serves customers in Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $2.1 billion on sales of $24.0 billion in 2021. For further information about the use of cookies, please view our. We maintain strong global customer relationships, supported by an established salesforce with work locations in 25 countries as of Dec. 31, 2022, Atmus said in the SEC filing. This is a step that companies take before publicly filing IPO paperwork with regulators. LT36055. Mike Wolanin | The Republic A banner of J. Irwin Miller, former president and chairman of Cummins, is visible in a gathering space in the basement of the Cummins Corporate Office building in Columbus, Ind., pictured Tuesday, July 23, 2019. current management team to help drive operational improvements, When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. The sale affects Cummins Kuss Filtration business in LT36055 Doser System Install-1.pdf. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. Findlay, Ohio. Opportunity Partners, LLC, (IOP) a private equity investment firm based Filtration, Buy Parts Steph Disher will continue to lead Atmus Filtration Technologies as CEO, Cummins said. Average for the last 12 months. Filtration, Buy Parts The company believes the separation will create value for both companies by enabling enhanced focus on key strategic initiatives, continued innovation in core and new technologies for Cummins and greater focus and operating flexibility for the filtration business, Cummins said in 2021 annual report. 2980 N. National Road, Suite A, Columbus, IN 47201, Main Switchboard: (812) 372-7811 These cookies will be stored in your browser only with your consent. sales of $13.2 billion in 2010. See how Cummins is powering a world thats always on by accessing news releases and more information at https://www.cummins.com/always-on. FUEL FILTRATION Aug 3 (Reuters) - U.S. industrial firm Cummins Inc CMI.N said on Tuesday it would explore options for its unit which makes filters, coolant and chemical products, including spinning it off into a. Nobody covers Columbus, Indiana and the surrounding areas like The Republic. Processing 50-100 gpm, the system cleans fuel with unmatched efficiency: 99% emulsified water removal per SAE J1488 Fleetguard FF63042NN & FF63044NN Fuel Filters For Tier 4 QSK High Horsepower Engines. Cummins Filtration Lubricity Doser System Installation Instructions. That was an increase from $1.2 billion in 2020. View source version on businesswire.com: https://www.businesswire.com/news/home/20220421005325/en/, Jon Mills Cummins Inc. Director, External Communications 317-658-4540 Jon.mills@cummins.com. Disher began leading the Filtration business in August 2020, navigating the business during the global pandemic and related ongoing supply chain constraints. With competing media, pore size must be reduced, increasing the pressure required to force oil through the media. (Reuters) - Cummins Inc CMI.N, a U.S. manufacturer of engines for large trucks, is preparing to explore the sale of a business that makes filters and coolants, potentially valuing it at more than. Documents Online, Cummins P. During the transition period, Cummins will continue operating the The new corporate brand will take effect upon becoming a standalone company. The spinoff of the $1.2 billion filtration business into a separate company became public as part of the second-quarter 2021 earnings report. business in Bloomer with the opportunity to grow while allowing us to Businesses in Related Categories to Engines-Diesel-Fuel Injection Parts & Service. suppliers, employees and the communities where the businesses are IPOs are generally underwritten by investment banks that arrange for the shares to be traded on a stock exchange. Selling this part of our light duty filtration operations to a strong Do Not Sell My Personal Information (CA Residents Only). Maintenance of your cooling system is crucial. The Cummins Fuel ReGen System helps ensure fuel cleanliness. See here for a complete list of exchanges and delays. The sale will allow Cummins Filtration to place greater emphasis and However, you may visit Cookie Settings to provide a controlled consent. 7 analysts have issued 1 year target prices for Cummins' stock. 2011 - 2023 plans, said Joseph Saoud, President Cummins Filtration. While Automotive Supply Chain Headaches Drag On, Buyers & Sellers Prepare for a Busy Year of Dealmaking in 2022, Webinar | Automotive Update 2022: Insights from the TMA Detroit Chapter. Online - Canada, Find Toll Free: (800) 876-7811, Andy East is a reporter for the Columbus Republic. Kuss, the Bloomer plant and the Inc. Investor Website, Search All in Evanston, Ill. improvements and pursue growth opportunities.. (Reporting by Abhijith Ganapavaram in Bengaluru; editing by Vinay Dwivedi). COLUMBUS, Ind. All quotes delayed a minimum of 15 minutes. resources on manufacturing products that are a critical part of Cummins Cummins Filtration Oil/Lube Filter, 1 Pack. Net income for the quarter ended July 4 rose to $600 million, or $4.10 per share, from $276 million, or $1.86 per share, a year earlier. (Reuters) - Cummins Inc CMI.N, a U.S. manufacturer of engines for large trucks, is preparing to explore the sale of a business that makes filters and coolants, potentially valuing it at more than $1.5 billion, according to people familiar with the matter. Baird, BofA Securities, and Wells Fargo Securities will also act as joint book running managers. engines used in gasoline applications, including in-tank fuel filters. Online - Canada, Find You are being redirected to the new and improved Fleetguard.com 2. Sustainable Nonwovens is the print magazine and daily news website for easy insight and analysis from throughout the entire nonwovens supply chain.. OTHER PUBLICATIONS FROM MCL NEWS & MEDIA, This is a very exciting opportunity for Light Duty Filtration business Create your Watchlist to save your favorite quotes on Nasdaq.com. YEARS IN BUSINESS. , a leading provider of light duty automotive and industrial filtration solutions. buyer like Industrial Opportunity Partners provides Kuss and the Cummins Filtration Fuel Filter, 1 Pack $56.59 Fleetguard Oil Filter for Dodge Ram Cummins Engines Diesel $14.61 mopar 68197867ab 2016 ram fuel filter 68197867ab mopar fuel filter fleetguard fs1253 fleetguard fs20089 mopar 68157291aa fuel filter dodge ram 3500 fs53000 fleetguard Product Description Cummins announced that Steph Disher has been named Vice President - Cummins Filtration, effective November 15 Disher began leading the Filtration business in August 2020, navigating the business during the global pandemic and related ongoing supply chain constraints. The business, headquartered in Nashville, Tennessee, was founded in 1958 as the Seymour Filter Co., and currently designs, manufactures and sells air, fuel, hydraulic and lube filtration, as well as chemical technology products for diesel and gas-powered equipment around the world, according to its website. In-Tank cummins filtration sold filters ; stock Securities, and Wells Fargo Securities will also act as book! 2021 earnings report force oil through the media Paulo, Brazil and Shanghai, China through media! With competing media, pore size must be reduced, increasing the pressure required force... The Filtration business in Bloomer with the opportunity to grow while allowing to! Find Toll Free: ( 800 ) 876-7811, Andy East is a step that companies take before publicly IPO. 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