NYSE:CMI

Mohr Logistics Park signs 1 million square foot lease with Cummins Inc.

Retrieved on: 
Thursday, May 9, 2024
CBRE, Tenant, UMB Financial Corporation, Collier, CMI, IBM Power Systems, Workforce, Trade, DHL, NFI, Turn, Warehouse

WHITELAND, Ind., May 9, 2024 /PRNewswire/ -- Mohr Capital has secured a lease for more than 1 million square feet at Mohr Logistics Park with Cummins Inc (NYSE: CMI). This is the fifth major lease for the award-winning Class A industrial park, further solidifying Mohr Logistics Park's status as a blue-chip industrial park.

Key Points: 
  • WHITELAND, Ind., May 9, 2024 /PRNewswire/ -- Mohr Capital has secured a lease for more than 1 million square feet at Mohr Logistics Park with Cummins Inc (NYSE: CMI).
  • This is the fifth major lease for the award-winning Class A industrial park, further solidifying Mohr Logistics Park's status as a blue-chip industrial park.
  • Cummins' new long-term lease is for 1,057,350 square feet in Building 6 at Mohr Logistics Park.
  • "Mohr Logistics Park is very proud to have Cummins bring one of their largest global facilities to Mohr Logistics Park.

Cummins, Verizon Business ink groundbreaking deal for combo Neutral Host + Private 5G network

Retrieved on: 
Monday, May 6, 2024
Hot, Element, Private, CMI, Ericsson, Host, Engineering, Senior, Tablet, Headache, Neutral, Verizon Business, JEP, Architecture, Internet service provider

NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- Verizon Business and Cummins Inc (NYSE: CMI) today announced an agreement to implement Verizon’s all-new Neutral Host Network product at Cummins’ Jamestown Engine Plant (JEP) in Lakewood, NY. The deal combines a Neutral Host Network with a Verizon Private 5G Network to cover distinct public-network and private-network use cases onsite at JEP. Cummins views the network’s technological capabilities as integral to enhancing operations across the site and improving the already best-in-class quality of the engines it produces for its customers.

Key Points: 
  • Verizon Business will provide Cummins with both a private 5G network and a neutral host network, providing cellular coverage for distinct private and public use cases at Cummins’ Jamestown Engine Plant.
  • Combined with a private network, enterprises can manage both business-critical connected operations (via the private 5G network) and conventional but strengthened public-network connectivity to phones and tablets (via neutral host network), where signals might otherwise be weak.
  • As “anchor tenant” for the carrier-agnostic neutral host network, Verizon is technical lead for network implementation, responsible for engineering, equipment and installation.
  • The deal combines a Neutral Host Network with a Verizon Private 5G Network to cover distinct public-network and private-network use cases onsite at JEP.

Accelera Battery System to Power BMC Otomotiv Electric Transit Buses in Europe

Retrieved on: 
Tuesday, May 7, 2024
Automotive, Technology, EV, Electric Vehicles, Transport, Batteries, Public Transport, BMC, City, Kilowatt-hour, NMC, LOI, CMI, LFP

Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], is collaborating with BMC Otomotiv, a leading manufacturer of buses and trucks in Turkey and throughout Europe, to provide battery solutions for their transit bus operations.

Key Points: 
  • Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], is collaborating with BMC Otomotiv, a leading manufacturer of buses and trucks in Turkey and throughout Europe, to provide battery solutions for their transit bus operations.
  • The companies have signed a letter of intent (LOI) for Accelera to power BMC’s city buses.
  • This marks the first time the BP97E, Accelera’s latest nickel manganese cobalt (NMC) battery pack, will be used in operation in Europe.
  • The BP97E is a high-energy-density battery pack and is the latest development in Accelera’s NMC battery platform.

Cummins Reports First Quarter 2024 Results

Retrieved on: 
Thursday, May 2, 2024
Oil, Gas, Automotive Manufacturing, Alternative Energy, Energy, Manufacturing, Technology, Batteries, Trucking, Transport, Other Manufacturing, Machinery, Automotive, Other Energy, Vehicle Technology, Engineering, EPA, Cell, Investment, Depreciation, CMI, Kilowatt-hour, PACCAR, CARB, Tax, Commercial vehicle, Machine, Workforce, Inc., Series, Growth, Financial Times, Renewable energy

Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2024.

Key Points: 
  • Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2024.
  • Net income attributable to Cummins in the first quarter was $2.0 billion, or $14.03 per diluted share, compared to $790 million, or $5.55 per diluted share, in 2023.
  • EBITDA for the first quarter of 2024 and the first quarter of 2023 included the gain and costs noted above.
  • “We have raised our expectations on revenue and profitability for 2024 due to continued demand for Cummins’ products and services.

Cummins Promotes Alison Trueblood to Vice President – Cummins Emissions Solutions

Retrieved on: 
Tuesday, April 30, 2024
Other Manufacturing, EV, Electric Vehicles, Automotive, Machinery, Other Automotive, Automotive Manufacturing, General Automotive, Manufacturing, Hydrogen, Trueblood, Business administration, CMI, Miami University, Electricity generation, Hydrogen technologies

Today, Cummins Inc. (NYSE: CMI) named Alison Trueblood Vice President – Cummins Emissions Solutions, effective May 1.

Key Points: 
  • Today, Cummins Inc. (NYSE: CMI) named Alison Trueblood Vice President – Cummins Emissions Solutions, effective May 1.
  • As emissions regulations become stricter and our customers continue to depend on Cummins to meet their needs today and as they transition to the future, it is imperative we have a leader for Cummins Emissions Solutions who can build on our strong foundation and navigate the path forward.
  • She has developed market share growth initiatives, including evolving our Engine Business in Europe and expanding key partnerships within the region.
  • She has also managed new product development programs and has experience establishing manufacturing readiness and leading businesses to improve Cummins’ profitability.

CMI DEADLINE TODAY: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Cummins Inc. Investors to Secure Counsel Before Important March 15 Deadline in Securities Class Action First Filed by the Firm - CMI

Retrieved on: 
Friday, March 15, 2024
Titan, Certification, Plaintiff, Class, CMI, Advertising, Court, Tobacco

WHAT TO DO NEXT: To join the Cummins class action, go to https://rosenlegal.com/submit-form/?case_id=21566 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Cummins class action, go to https://rosenlegal.com/submit-form/?case_id=21566 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Cummins, Inc. Long-Term Shareholder Announcement: Johnson Fistel, LLP Encourages Investors to Reach Out For More Information

Retrieved on: 
Tuesday, April 9, 2024
Environment, SAN, Public, LLP, DOJ, CMI, EPA, Justice

If you have continuously owned Cummins Inc. (NYSE: CMI) shares, you have certain legal rights as a shareholder.

Key Points: 
  • If you have continuously owned Cummins Inc. (NYSE: CMI) shares, you have certain legal rights as a shareholder.
  • The company agreed to pay a substantial $1.675 billion civil penalty for its actions.
  • California Attorney General Rob Bonta emphasized that Cummins knowingly evaded state emissions tests and requirements, causing harm to public health and the environment.
  • This penalty represents the largest amount ever recovered by the DOJ under the Clean Air Act and is the second-largest environmental penalty secured.

Investigation Alert: Cummins, Apellis Pharmaceuticals, Inspire Medical, and Applied Digital - Johnson Fistel, LLP Encourages Long-Term Investors to Submit Their Information Below

Retrieved on: 
Tuesday, March 19, 2024
Cloud, OSA, APLS, ASRS, Environment, Patient, Public, Inflammation, News, LLP, Retinal scan, DOJ, Complaint, CMI, Retinal vasculitis, EPA, Justice, Society, Retina, Safety, Paratriathlon, Physician, Pharmaceutical industry

Johnson Fistel, LLP is investigating potential claims on behalf of Cummins, Inc. against certain of its officers and directors.

Key Points: 
  • Johnson Fistel, LLP is investigating potential claims on behalf of Cummins, Inc. against certain of its officers and directors.
  • Johnson Fistel LLP is investigating potential claims on behalf of Apellis Pharmaceuticals against certain of its officers and directors.
  • Johnson Fistel, LLP is investigating potential claims on behalf of Inspire Medical Systems, Inc. against certain of its officers and directors.
  • Johnson Fistel, LLP is investigating potential claims on behalf of Applied Digital Corporation against certain of its officers and directors.

CMI FINAL DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Encourages Cummins (CMI) Investors with Substantial Losses to Contact Firm Before Mar. 15th Deadline in Securities Fraud Class Action

Retrieved on: 
Friday, March 15, 2024
UBS, SAN, Air pollution, Public, Hagens Berman, CMI, EPA, Person

SAN FRANCISCO, March 15, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Cummins Inc. (NYSE: CMI) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, March 15, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Cummins Inc. (NYSE: CMI) investors who suffered substantial losses to submit your losses now .
  • “We are investigating whether Cummins intentionally made false statements concerning its public health and regulatory compliance,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
  • Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.
  • For more information, call Reed Kathrein at 844-916-0895 or email [email protected] .

CMI DEADLINE TODAY: ROSEN, A TOP RANKED LAW FIRM, Encourages Cummins Inc. Investors to Secure Counsel Before Important March 15 Deadline in Securities Class Action First Filed by the Firm – CMI

Retrieved on: 
Friday, March 15, 2024
Titan, Certification, Class, CMI, Advertising, Court, Tobacco

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.

Key Points: 
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.