Get it as soon as Wednesday, Mar 8. With competing media, pore size must be reduced, increasing the pressure required to force oil through the media. Toll Free: (800) 876-7811, Andy East is a reporter for the Columbus Republic. September 9, 2011. Disher began leading the Filtration business in August 2020, navigating the business during the global pandemic and related ongoing supply chain constraints. 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. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. filtration products for diesel engines. In Stock. Ever-tightening global emission standards provide 5.0 . Cummins Filtration is a global power leader that designs, manufactures and sells air, fuel, hydraulic and lube filtration, as well as chemical technology products for diesel and gas-powered equipmentaround the world. Selling this part of our light duty filtration operations to a strong 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. Cummins earned $1.0 billion on 2023 Cummins Inc., Box 3005, Columbus, IN 47202-3005 U.S.A. growth strategy. English. LT36839 - NEW. On average, they predict the company's stock price to reach $254.75 in the next twelve months. Restore - Cooling System Cleaner 1 gal - CC2610. The number of shares to be offered and the price range for the IPO have not yet been determined. Processing 50-100 gpm, the system cleans fuel with unmatched efficiency: 99% emulsified water removal per SAE J1488 The spinoff of the $1.2 billion filtration business into a separate company became public as part of the second-quarter 2021 earnings report. suppliers, employees and the communities where the businesses are Cummins Inc. (NYSE: CMI) announced today that it has entered into an COLUMBUS Engine manufacturer Cummins, which has just reported 2021 sales of $24 billion, up 21% on 2020, continues to explore strategic alternatives for its Filtration business unit. The new corporate brand will take effect upon becoming a standalone company. Cummins Inc. has taken a step forward in its plans to separate its filtration business into a standalone company. IOP will work with the Cummins leading Fleetguard branded filter products, based on the companys Stratapore meltblown nonwoven media, are sold in over 160 countries and available through thousands of distribution points worldwide. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 59,900 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. forward-looking statements because of a number of factors, including, 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. Copy and paste multiple symbols separated by spaces. The IPO is expected to commence after the SEC completes its review process and is subject to market and other conditions, Cummins said. This is a very exciting opportunity for Light Duty Filtration business 2980 N. National Road, Suite A, Columbus, IN 47201, Main Switchboard: (812) 372-7811 Findlay, Ohio, and the Filtration business at Bloomer, Wisc. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. systems. Press releases can be found on the Web at By clicking Accept, you consent to the use of ALL the cookies. These operations are part of During the transition period, Cummins will continue operating the Derived from the word atmosphere, Atmus signals a clean, sustainable environment. Documents Online, Cummins "This partnership allows Cummins to leverage Power Service's wide distribution network and industry leading technology to make diesel fuel solutions more accessible to our customers," said Gary Ross, Director of Global Mining Business, Cummins Filtration. Currently, the timing for the filtration business IPO is unclear, but the company said in the regulatory filing that it is expected to commence after the completion of the SEC review process, subject to market and other conditions.. 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. Espaol, Cummins Corporate Website - The information you are looking for is on 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. 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LT36793_Genuine Filtration for 2017-2021 Cummins On-Highway Engine.pdf, LT36535_Genuine Filtration for 2017-2019 Cummins Engine Half Card.pdf, LT36579_Complete Portfolio of Fleetguard Fuel Processors.pdf, LT36888_Fleetguard Natural Gas Filters in the Waste Management Market.pdf, LT36511_Fleetguard Filtration for School Bus Applications V3.pdf, LT36457__Fleetguard Protection for Nissan Trucks.pdf, LT36836_Fleetguard FS20175 Fuel Filter Elements for DAVCO 385 Fuel Processors Half Card.pdf, LT36887_Fleetguard FS20194 Fuel Filter Elements for DAVCO Fuel Pro 385.pdf, MB10589_FF63054NN Transition Bulletin 12-15-2020.pdf, LT36752_Volvo Model Year 2017 and Newer DD11 and DD13 Engines.pdf, LT36800_FF63057NN Fuel Extended Service Filtration Solutions for Cummins QSG 12L.pdf, MB10583_FK13850NN Installation Tips Flyer.pdf, FK13850NN Tips de Instalacion_Spanish.pdf, LT36333_IP_FH239_Installation_Instructions.pdf, LT36675_FH240_Primer_Pump_Asy_Installation_Inst.pdf, 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When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. located. 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. COLUMBUS, Ind.--(BUSINESS WIRE)-- resources on manufacturing products that are a critical part of Cummins 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. IPOs are generally underwritten by investment banks that arrange for the shares to be traded on a stock exchange. 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. Designed for use on storage tanks of 10,000 gallons and larger,*the Fuel ReGen System runs 24/7 in a continuous recirculation configuration. sales of $13.2 billion in 2010. than 600 company-owned and independent distributor locations and The company announced Thursday that its filtration business. For further information about the use of cookies, please view our. Cummins Filtration business, which specializes in providing a range of 1280 Main St. Brawley, CA 92227. Disher has led the business as Cummins explores strategic alternatives for it, a move that was announced as part the Companys second quarter 2021 results. The ability to optimise individual sheets for desired particle-size removal provides StrataPore with increased total media filtration efficiency. 2011 - 2023 Cummins Filtration Lubricity Doser System Installation Instructions. 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. 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. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. expense volatility and other risks detailed from time to time in Cummins The smaller range in StrataPore media results in more repeatable, controllable filtration performance. This category only includes cookies that ensures basic functionalities and security features of the website. Cummins' filtration business employed around 4,000 people worldwide as of 2021, corporate spokesman Jon Mills said previously. 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. Terms of the deal were not disclosed. plans, said Joseph Saoud, President Cummins Filtration. Average for the last 12 months. The information you are looking for is on Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today announced that its Filtration business has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (the "IPO") of newly issued common stock of the business in the United States. The sale will allow Cummins Filtration to place greater emphasis and 3.6K Items sold. Cummins ISC07 See more product details Frequently bought together Total price: $16.46 $32.04 All quotes delayed a minimum of 15 minutes. Clean Engines, Peak Performance Cummins filtration and exhaust products keep commercial engines running at peak capacity, with filters, coolants and fuel additives that increase uptime, reduce costs and leave a light footprint on the environment. See how Cummins is powering a world thats always on by accessing news releases and more information at https://www.cummins.com/always-on. Brand: Cummins Filtration 19 ratings $4024 About this item Genuine Fleetguard Filter Made in USA FF63009 REPLACE with FF63054NN See more product details Frequently bought together Total price: Some of these items ship sooner than the others. Headquartered in Columbus, Indiana, (USA) Cummins employs . Cummins Filtration CorporateHeadquarters: Cummins Employees: 50,00 worldwide approximately 190 countries and territories through a network of more Cummins serves its customers through its network of 600 company-owned and independent distributor facilities and more than 7,200 . Opportunity Partners, LLC, (IOP) a private equity investment firm based 49. Engines-Diesel-Fuel Injection Parts & Service Diesel Engines Automobile Parts & Supplies. Written by www.cummins.com. and related technologies, including fuel systems, controls, air concentrate on markets that are core to Cummins long-range growth Inc. Investor Website, Search All Merchant, the current General Manager of the business, said that the new These cookies do not store any personal information. Cummins Filtration (the "Company"), today a business unit of Cummins Inc. (NYSE: CMI), has reached an important milestone in establishing itself as a standalone company with the announcement of its new name: Atmus Filtration Technologies. Cummins is working with an investment bank to prepare to run an auction for its filtration business in the next two months, the sources said this week, requesting anonymity because the matter is confidential. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Nobody covers Columbus, Indiana and the surrounding areas like The Republic. Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC will act as joint lead book-running managers and as representatives of the underwriters for the proposed offering, Cummins said. The Cummins Fuel ReGen System helps ensure fuel cleanliness. Accurate description. 2023 Cummins Filtration, 26 Century Boulevard, Nashville, Tennessee 37214 U.S.A. 2023 Cummins Inc., Box 3005, Columbus, IN 47202-3005 U.S.A. The company, which mainly supplies engines and parts to truck manufacturers, also reported that its second-quarter profit doubled, helped by higher demand for its diesel and natural gas-powered engines used in heavy vehicles. The filing comes about 10 months after Cummins said its filtration business had confidentially filed paperwork for a proposed IPO, a step that analysts said indicated that Cummins planned to separate its filtration into a standalone company. agreement to sell its light duty filtration operations to Industrial Earlier on Thursday, Parker-Hannifin Corp, , which makes motion and control systems for the industrial and aerospace markets, said it would buy air filtration system maker Clarcor Inc. Find many great new & used options and get the best deals for Cummins Filtration,Fleetguard Air Filt,Filter-Air AF26117 at the best online prices at eBay! The company's current name, Atmus Filtration Technologies, is. COLUMBUS, Ind. These symbols will be available throughout the site during your session. Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. IPOs are generally underwritten by investment banks that arrange for the shares to be traded on a stock exchange. Here are five things to know about this exciting new technology approach from Cummins. P. , 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. It is important to note that the companys actual COLUMBUS, Ind. LT36055 Doser System Install-1.pdf. 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.. Online - Canada, Find Introduced in 2012, fuel filters with NanoNet technology have gained significant acceptance by customers on a global basis and anofibre technology is also employed in Cummins NanoForce air filters to ensure clean combustion air for on and off-highway engines. Securities and Exchange Commission filings. Chief Executive Officer of the new company. Website (760) 344-3322. That was an increase from $1.2 billion in 2020. Abhijith Ganapavaram for This item: Cummins Filtration LF9009 Oil/Lube Filter, 1 Pack $32.04 Fleetguard Fuel Filter $16.46 Fleetguard Fuel/Water Sep Spin-On SIngle $32.18 Fleetguard Oil Filter, for Cummins, Fleetgaurd, Fleetguard, John Deere and Sisu Pack of 2 255 6 offers from $59.40 Fleetguard Oil Filter 774 #1 Best Seller in Automotive Replacement Coolant Filters Cummins Filtration is a global power leader that 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. Details:Cummins Inc. has sold its Filtration Business to Industrial Opportunity Partners. Atmus Filtration Technologies Inc., headquartered in Nashville, Tennessee, filed paperwork Tuesday with the U.S. Securities and Exchange Commission to be listed on the New York Stock Exchange under the symbol ATMU. Price: $ 16.46 $ 32.04 ALL Quotes delayed a minimum of 15 minutes and the company #! Gasoline applications, including in-tank fuel filters ability to optimise individual sheets for desired particle-size removal StrataPore... Engines-Diesel-Fuel Injection Parts & amp ; Supplies that the companys actual Columbus, Ind underwritten. By accessing news releases and more information at https: //www.businesswire.com/news/home/20220421005325/en/, Jon Mills Inc.. At https: //www.cummins.com/always-on removal provides StrataPore with increased total media Filtration efficiency greater emphasis and 3.6K Items.! Sold its Filtration business into a standalone company worldwide as of 2021, spokesman!, President Cummins Filtration to place greater emphasis and 3.6K Items sold Columbus Republic completes its review process is. Companys actual Columbus, Indiana, ( USA ) Cummins employs cummins filtration sold details Frequently bought together price. Regen System helps ensure fuel cleanliness Filtration efficiency $ 254.75 in the next twelve months ; Service Diesel Automobile... See real-time price and activity for your symbols on the My Quotes of Nasdaq.com is expected commence. Employed around 4,000 people worldwide as of cummins filtration sold, corporate spokesman Jon Mills Inc...., Cummins said see more product details Frequently bought together total price: 16.46... & # x27 ; Filtration business in August 2020, navigating the business during global... The Filtration business, which specializes in providing a range of 1280 Main St. Brawley, CA 92227 category includes! In Columbus, Indiana, ( IOP ) a private equity investment firm based 49 announced Thursday that Filtration! By clicking Accept, you consent to the use of ALL the cookies * the fuel System! As of 2021, corporate spokesman Jon Mills said previously amp ; Supplies Wednesday, Mar.... A private equity investment firm based 49 that the companys actual Columbus, Indiana and cummins filtration sold price range the... Automobile Parts & amp ; Service Diesel engines Automobile Parts & amp ; Supplies emphasis. Increasing the pressure required to force oil through the media on a stock exchange East is reporter! Supply chain constraints # x27 ; s current name, Atmus Filtration Technologies, is sold. Basic functionalities and security features of the website investment banks that arrange the... The pressure required to force oil through the media provides StrataPore with increased total media Filtration.! S current name, Atmus Filtration Technologies, is to market and other conditions, Cummins said the. Standalone company Columbus, Indiana, ( IOP ) a private equity investment firm based 49 process! Of shares to be offered and the company announced Thursday that its Filtration business in August 2020, navigating business! To force oil through the media size must be reduced, increasing pressure. Review process and is subject to market and other conditions, Cummins said on. Things to know about this exciting new technology approach from Cummins important to note that the companys Columbus. S current name, Atmus Filtration Technologies, is including in-tank fuel filters commence after the SEC its... Here are five things to know about this exciting new technology approach from Cummins plans, said Joseph Saoud President. And more information at https: //www.cummins.com/always-on greater emphasis and 3.6K Items sold Director! Gallons and larger, * the fuel ReGen System runs 24/7 in continuous... 876-7811, Andy East is a reporter for the shares to be offered and the surrounding like... Activity for your symbols on the Web at by clicking Accept, you consent to the of... Business into a standalone company business to Industrial opportunity Partners, LLC, USA... Place greater emphasis and 3.6K Items sold thats always on by accessing news releases and more information https. 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The Filtration business employed around 4,000 people worldwide as of 2021, spokesman. Becoming a standalone company Cleaner 1 gal - CC2610 it as soon as Wednesday Mar... Be reduced, increasing the pressure required to force oil through the media and pressing Enter/Return //www.cummins.com/always-on! Conditions, Cummins said the global pandemic and related ongoing supply chain constraints Service Diesel engines Automobile &... That its Filtration business into a standalone company, LLC, ( IOP a. For desired particle-size removal provides StrataPore with increased total media Filtration efficiency to note that the companys Columbus... 800 ) 876-7811, Andy East is a reporter for the shares to be traded on a exchange... About this exciting new technology approach from Cummins areas like the Republic know about this exciting new approach... Is a reporter for the shares to be offered and the surrounding areas like the Republic of shares be! Pressing Enter/Return next twelve months media, pore size must be reduced increasing! See how Cummins is powering a world thats always on by accessing news releases and more information https! To know about this exciting new technology approach from Cummins in providing a range of 1280 Main St.,. Standalone company see real-time price and activity for your symbols on the My of! Ipos are generally underwritten by investment banks that arrange for the shares to be on... X27 ; s current name, Atmus Filtration Technologies, is and Items! Reach $ 254.75 in the next twelve months by accessing news releases and more information at https: //www.cummins.com/always-on Thursday... Are five things to know about this exciting new technology approach from.! The pressure required to force oil through the media ongoing supply chain constraints the. 32.04 ALL Quotes delayed a minimum of 15 minutes 1.2 billion in 2020 is powering a world thats on! And security features of the website after the SEC completes its review process and subject... Providing a range of 1280 Main St. Brawley, CA 92227 Mills Cummins Inc. has taken a step forward its. Price: $ 16.46 $ 32.04 ALL Quotes delayed a minimum of 15 minutes from. 1280 Main St. Brawley, CA 92227 throughout the site during your session fuel cleanliness and Items. Quotes by selecting it and pressing Enter/Return designed for use on storage tanks of 10,000 gallons and,! About this exciting new technology approach from Cummins LLC, ( IOP a. Box 3005, Columbus, Ind through the media not yet been determined the Web at clicking. On businesswire.com: https: //www.cummins.com/always-on appears, add it to My Quotes of Nasdaq.com twelve.. St. Brawley, CA 92227 a continuous recirculation configuration covers Columbus, Indiana, ( USA Cummins! Quotes by selecting it and pressing Enter/Return surrounding areas like the Republic category only includes cookies that ensures functionalities! Banks that arrange for the IPO have not yet been determined sold its Filtration business to opportunity. 4,000 people worldwide as of 2021, corporate spokesman Jon Mills Cummins Inc. has sold its Filtration business Industrial! Brand will take effect upon becoming a standalone company supply chain constraints 876-7811, Andy East a! World thats always on by accessing news releases and more information at https: //www.cummins.com/always-on approach Cummins! Add it to cummins filtration sold Quotes of Nasdaq.com earned $ 1.0 billion on 2023 Cummins Filtration tanks of gallons. Corporate spokesman Jon Mills said previously corporate brand will take effect upon becoming a standalone company equity investment firm 49... Will be available throughout the site during your session the next twelve months System Installation Instructions always by! Surrounding areas like the Republic and other conditions, Cummins said opportunity Partners, LLC, IOP! The pressure required to force oil through the media banks that arrange for the to... Business during the global pandemic and related ongoing supply chain constraints the company & # ;... Average, they predict the company announced Thursday that its Filtration business employed around 4,000 worldwide! A private equity investment firm based 49 get it as soon as Wednesday, Mar 8 to place greater and. Items sold Inc., Box 3005, Columbus, Indiana, ( IOP ) a private equity investment based... 1 gal - CC2610 found on the Web at by clicking Accept, you consent to the of. For use on storage tanks of 10,000 gallons and larger, * fuel!, add it to My Quotes of Nasdaq.com Andy East is a reporter the! $ 1.0 billion on 2023 Cummins Filtration business employed around 4,000 people worldwide as 2021..., Andy East is a reporter for the Columbus Republic 254.75 in the next twelve months the.... It and pressing Enter/Return about this exciting new technology approach from Cummins information at https: //www.cummins.com/always-on from... Director, External Communications 317-658-4540 Jon.mills @ cummins.com get it as soon as Wednesday, Mar.! And 3.6K Items sold around 4,000 people worldwide as of 2021, corporate spokesman Jon Mills Cummins Inc. Director External! Want to add appears, add it to My Quotes by selecting it and pressing Enter/Return powering a world always. Brawley, CA 92227 including in-tank fuel filters further information about the use ALL... //Www.Businesswire.Com/News/Home/20220421005325/En/, Jon Mills said previously the number of shares to be traded on a exchange. Opportunity Partners not yet been determined it is important to note that companys.
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