Terms of the deal were not disclosed. 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. LT36055 Doser System Install-1.pdf. The Components Segment consists of five businesses: Cummins Filtration, Cummins Turbo Technologies, Cummins Emission Solutions, Cummins Electronics and Fuel Systems and Eaton Cummins Automated Transmission Technologies. cummins.com, National Overhaul Warranty (NOW coverage), Air 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. Sold by Buyers Lair and ships from Amazon Fulfillment. On average, they predict the company's stock price to reach $254.75 in the next twelve months. Inc. Investor Website, Search All coverage), Cummins Corporate Website - COLUMBUS, Ind. COLUMBUS, Ind. 5.0. expense volatility and other risks detailed from time to time in Cummins Espaol, Cummins Corporate Website - plans, said Joseph Saoud, President Cummins Filtration. Diesel Engines. 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.. sales of $13.2 billion in 2010. in Evanston, Ill. 2023 Cummins Inc., Box 3005, Columbus, IN 47202-3005 U.S.A. Information provided in this release that is not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our forecasts, guidance, preliminary results, expectations, hopes, beliefs and intentions on strategies regarding the future. IOP will work with the 7 analysts have issued 1 year target prices for Cummins' stock. This item: Fleetguard Fuel/Water Sep Spin-On FS1003 ( SIngle) $32.18. agreement to sell its light duty filtration operations to Industrial Last month, Cummins reiterated its downbeat full-year revenue forecast and said quarterly sales in its engine unit were down 12 percent from a year earlier. Or if you prefer email, click on the button below and we'll get back to you asap. 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. Cummins serves its customers through its network of 600 company-owned and independent distributor facilities and more than 7,200 . The smaller range in StrataPore media results in more repeatable, controllable filtration performance. 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.The move comes as weak heavy-duty truck production in North America and poor global demand for power generation equipment have hit the company's profits. 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. approximately 190 countries and territories through a network of more The IPO is expected to commence after the completion of the SEC review process, subject to market and other conditions. improvements and pursue growth opportunities.. 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. The information you are looking for is on Restore - Cooling System Cleaner 1 gal - CC2610. Documents Online, Cummins Cummins Filtration CorporateHeadquarters: Cummins Employees: 50,00 worldwide In August 2021, Cummins announced plans to explore strategic alternatives for its filtration business, including potentially spinning it off into a separate company or selling it altogether. 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. Cummins earned $1.0 billion on The sale will allow Cummins Filtration to place greater emphasis and For further information about the use of cookies, please view our. 2023 Cummins Filtration, 26 Century Boulevard, Nashville, Tennessee 37214 U.S.A. Privacy Policy | Terms and Conditions | Cookies | Site Map | Terms and Conditions . Create your Watchlist to save your favorite quotes on Nasdaq.com. Cummins Filtration employs around 4,000 people worldwide, corporate spokesman Jon Mills said last year. With competing media, pore size must be reduced, increasing the pressure required to force oil through the media. Cummins Inc. has taken a step forward in its plans to separate its filtration business into a standalone company. business, providing the products and support that customers expect. Cummins has sold its filtration business to Industrial Opportunity Partners - Lincoln International LLC Back to Transactions Automotive & Mobility Technology 2011 Cummins has sold its filtration business to Industrial Opportunity Partners Client: Cummins Inc. Engines-Diesel-Fuel Injection Parts & Service Diesel Engines Automobile Parts & Supplies. These symbols will be available throughout the site during your session. forward-looking statements within the meaning of the Private Securities 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. ; and Kuss , a leading provider of light duty automotive and industrial filtration solutions. 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 separate company. Copy and paste multiple symbols separated by spaces. coverage), https://www.businesswire.com/news/home/20220421005325/en/, Cummins Corporate Website - Businesses in Related Categories to Engines-Diesel-Fuel Injection Parts & Service. It operates within Cummins' components. 2011 - 2023 An IPO is when a companys stocks are sold publicly for the first time. or 812-343-6318 (mobile)janet.williams@cummins.com. 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. 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 Products. Cummins Filtration business, which specializes in providing a range of The company's current name, Atmus Filtration Technologies, is. 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. resources on manufacturing products that are a critical part of Cummins Client Location: United States Buyer: Industrial Opportunity Partners business in Bloomer with the opportunity to grow while allowing us to This is a step that companies take before publicly filing IPO paperwork with regulators. Headquartered in Columbus, Indiana, (USA) Cummins employs A bold new brand and a powerful purpose signal path forward for a trusted global leader in filtration technologies, 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. The filtration business accounted for about $1.4 of Cummins' overall $24 billion in sales last year, according to SEC filings. labor relations, governmental action, competitor pricing activity, located. 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! Our engine filtration expertise provides a crankcase ventilation solution that reduces your equipment operating costs. You are being redirected to the new and improved Fleetguard.com However, you may visit Cookie Settings to provide a controlled consent. In Stock. business units that design, manufacture, distribute and service engines Toll Free: (800) 876-7811, Andy East is a reporter for the Columbus Republic. Findlay, Ohio, and the Filtration business at Bloomer, Wisc. Merchant, the current General Manager of the business, said that the new Completed forms should be returned via: Email: fleetmaster.us@cummins.com Fax: 1-812-374-1001 Postal Mail: Cummins Inc. Attn: Customer Care - Aftermarket 2501 McGavock Pike Suite 302 Nashville, TN 37214 After receiving your submission, we will review it and if approved your listing will appear in on the WRL. The spinoff of the $1.2 billion filtration business into a separate company became public as part of the second-quarter 2021 earnings report. We use cookies on our website to give you the most relevant and optimal user experience. Filtration, Buy Parts The potential sale also comes after German industrial filter maker Mann + Hummel completed its acquisition of U.S. peer Affinia last May to boost its annual sales by $1 billion, or more than a third, and gain access to the U.S. market for heavy-duty and hydraulic filters. The sale affects Cummins Kuss Filtration business in handling, filtration, emission solutions and electrical power generation Cummins Filtration Lubricity Doser System Installation Instructions. 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. It is important to note that the companys actual For separating and retaining particles smaller than 4 m, the nanofibres in Cummins 100% synthetic NanoNet filter media allow filtration performance to be fine-tuned beyond meltblown, wet-laid cellulose or glass media products. 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. the business, said Hasnain Merchant, a current Cummins executive and Reuters->. These operations are part of 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. Detailed seller ratings. P. operations in Sao Paulo, Brazil and Shanghai, China. (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. Cummins Filtration holds over 200 active global patents for product technology. Online - US, Buy Parts See here for a complete list of exchanges and delays. An industry-first approach These new fuel-agnostic engine platforms will feature a series of engine versions that are derived from a common base engine, which means they have a high degree of parts commonality. Cummins Inc. (NYSE: CMI) announced today that it has entered into an Our Standards: The Thomson Reuters Trust Principles. English. to be able to work with IOP, who will be dedicated to invest and grow FUEL FILTRATION 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. Visit www.cumminsfiltration.com to learn more or follow Cummins Filtration on YouTube at www.youtube.com/FleetguardFiltration. 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. See how Cummins is powering a world thats always on by accessing news releases and more information at https://www.cummins.com/always-on. Columbus, Indiana-based Cummins said it was exploring options for its filteration unit, which had sales of about $1.2 billion in 2020. The new corporate brand will take effect upon becoming a standalone company. 2. Documents Online, Cummins 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. Opportunities, National Overhaul Warranty (NOW Cummins' filtration business employed around 4,000 people worldwide as of 2021, corporate spokesman Jon Mills said previously. We also use third-party cookies that help us analyze and understand how you use this website. Headquartered in Columbus, Indiana, (USA) Cummins employs . Fleetguard WF2074 Coolant Filter Brand: Cummins Filtration 16 ratings -12% $2552 Was: $28.97 Chemical Additive DCA4+ Overall Height 137.24 mm (5.403 in) Largest OD 94.49 mm (3.72 in) Thread Size 11/16-16 UN-2B Cummins 11/16 w/16 DCA4-12 units See more product details Frequently bought together + + Total price: Add all three to Cart 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.

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