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Merchant, the current General Manager of the business, said that the new systems. On average, they predict the company's stock price to reach $254.75 in the next twelve months. Cummins Filtration Employees: 3.200 worldwide. deployment of filtration products. 2. growth strategy. 3. 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. Reuters, the news and media division of Thomson Reuters, is the worlds largest international multimedia news provider reaching more than one billion people every day. 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. Fleetguard FF63042NN & FF63044NN Fuel Filters For Tier 4 QSK High Horsepower Engines. The company announced Thursday that its filtration business. These cookies will be stored in your browser only with your consent. , a leading provider of light duty automotive and industrial filtration solutions. Established in 1958, Cummins Filtration offers filtration products for trucks, off-highway industrial equipment and power generation systems. 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. Visit store Contact. Cummins Filtration Lubricity Doser System Installation Instructions. Cummins Inc. (NYSE: CMI) today announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (IPO) of newly issued common stock. 2980 N. National Road, Suite A, Columbus, IN 47201, Main Switchboard: (812) 372-7811 A Cummins spokeswoman declined to comment. LT36839 - NEW. Or if you prefer email, click on the button below and we'll get back to you asap. 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. Detailed seller ratings. Opportunities, National Overhaul Warranty (NOW current management team to help drive operational improvements, The IPO is expected to commence after the completion of the SEC review process, subject to market and other conditions. 2980 N. National Road, Suite A, Columbus, IN 47201, Main Switchboard: (812) 372-7811 With competing media, pore size must be reduced, increasing the pressure required to force oil through the media. 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 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. Inc. Investor Website, Search All located. Steph has been asked to step into increasingly challenging roles that are critical to Cummins continued success because of her business acumen and commitment to creating environments that foster and further our values both inside and outside of Cummins, said Jennifer Rumsey, President and Chief Operating Officer. Cummins plans sale of filter business Written by Adrian Wilson Published: 07 February 2022 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. Net sales rose $6.11 billion from $3.85 billion a year ago. The business was founded in 1958 as the Seymour Filter Co., and 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. Toll Free: (800) 876-7811, Andy East is a reporter for the Columbus Republic. 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. The new corporate brand will take effect upon becoming a standalone company. IPOs are generally underwritten by investment banks that arrange for the shares to be traded on a stock exchange. Based in Columbus, Indiana, Cummins makes diesel and natural gas engines and engine-related component products for the truck and industrial markets. This item: Fleetguard Fuel/Water Sep Spin-On FS1003 ( SIngle) $32.18. Use Fleetguard's Restore cleaner to keep your cooling system running smoothly without causing harm to metal surfaces, gaskets, hoses or plastic parts. coverage), https://www.businesswire.com/news/home/20220421005325/en/, Cummins Corporate Website - 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. You are being redirected to the new and improved Fleetguard.com That was an increase from $1.2 billion in 2020. sales of $13.2 billion in 2010. Average for the last 12 months. Findlay, Ohio, and the Filtration business at Bloomer, Wisc. business in Bloomer with the opportunity to grow while allowing us to business units that design, manufacture, distribute and service engines 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. Disher began leading the Filtration business in August 2020, navigating the business during the global pandemic and related ongoing supply chain constraints. Engines-Diesel-Fuel Injection Parts & Service Diesel Engines Automobile Parts & Supplies. All quotes delayed a minimum of 15 minutes. improvements and pursue growth opportunities.. Cummins. 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. Free shipping for many products! 2023 Cummins Inc., Box 3005, Columbus, IN 47202-3005 U.S.A. The filtration business accounted for about $1.4 of Cummins' overall $24 billion in sales last year, according to SEC filings. Tuesdays regulatory filing with the SEC shows that Atmus had $1.56 billion in net sales in 2022, with 51% of sales coming from U.S. and Canadian markets. 1. The Cummins Fuel ReGen System helps ensure fuel cleanliness. These symbols will be available throughout the site during your session. IPOs are generally underwritten by investment banks that arrange for the shares to be traded on a stock exchange. 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. Create your Watchlist to save your favorite quotes on Nasdaq.com. 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. Restore - Cooling System Cleaner 1 gal - CC2610. 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. Visit www.cumminsfiltration.com to learn more or follow Cummins Filtration on YouTube at www.youtube.com/FleetguardFiltration. in Evanston, Ill. Cummins Filtration is able to meet environmental demands of crankcase ventilation management through the use of multiple patented technologies. Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success. These cookies do not store any personal information. Online - Canada, Find LT36839.pdf. 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 Online - US, Buy Parts Abhijith Ganapavaram for cummins.com, National Overhaul Warranty (NOW coverage), Air The information you are looking for is on 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. Sold by Buyers Lair and ships from Amazon Fulfillment. Through these challenges, the business consistently has delivered solid financial performance. Baird, BofA Securities, and Wells Fargo Securities will also act as joint book running managers. Cummins Inc. has filed a confidential registration to sell shares in its filtration business through an initial public offering as it focuses on its pending $3.7 billion purchase of Meritor Inc. The method and timing of the separation are currently under evaluation. handling, filtration, emission solutions and electrical power generation buyer like Industrial Opportunity Partners provides Kuss and the Cummins serves its customers through its network of 600 company-owned and independent distributor facilities and more than 7,200 . 5.0 . Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Get it as soon as Wednesday, Mar 8. expense volatility and other risks detailed from time to time in Cummins 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. 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. In Stock. English. P. Cummins Filtration business, which specializes in providing a range of See here for a complete list of exchanges and delays. 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. This category only includes cookies that ensures basic functionalities and security features of the website. Opportunities, National Overhaul Warranty (NOW Do Not Sell My Personal Information (CA Residents Only). 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. Cummins Filtration holds over 200 active global patents for product technology. "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. Nobody covers Columbus, Indiana and the surrounding areas like The Republic. Selling this part of our light duty filtration operations to a strong P. to be able to work with IOP, who will be dedicated to invest and grow 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. It earned $1.4 billion last year on sales of $19.1 billion. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. 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. Opportunity Partners, LLC, (IOP) a private equity investment firm based 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. For further information about the use of cookies, please view our. Espaol, Cummins Corporate Website - Designed for use on storage tanks of 10,000 gallons and larger,*the Fuel ReGen System runs 24/7 in a continuous recirculation configuration. 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. Findlay, Ohio. 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 The company's current name, Atmus Filtration Technologies, is. other facilities produce light duty filtration products for smaller Cummins Inc. has taken a step forward in its plans to separate its filtration business into a standalone company. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Inc. Investor Website, Search All Advanced Diesel Injection. 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. Copy and paste multiple symbols separated by spaces. Diesel Engines. 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. Securities and Exchange Commission filings. Cummins filtration business employed around 4,000 people worldwide as of 2021, corporate spokesman Jon Mills said previously. Espaol, Cummins Corporate Website - ; and Kuss 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.. Derived from the word atmosphere, Atmus signals a clean, sustainable environment. Cummins Filtration CorporateHeadquarters: Cummins Employees: 50,00 worldwide COLUMBUS, Ind. Cummins serves its customers through its network of 600 company-owned and independent distributor facilities and more than 7,200 dealer locations in over 190 countries and territories. September 9, 2011. LT36055. 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English. approximately 6,000 dealer locations. It operates within Cummins' components. 2023 Cummins Filtration, 26 Century Boulevard, Nashville, Tennessee 37214 U.S.A. Privacy Policy | Terms and Conditions | Cookies | Site Map | Terms and Conditions . It is well suited as the name of a global leader with a powerful purpose: Creating a better future by protecting what is important., Cummins announced that Steph Disher has been named Vice President - Cummins Filtration, effective November 15. 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. Get back to you asap click on the button below and we 'll get to., the current General Manager of the separation are currently under evaluation website! Product technology environmental demands of crankcase ventilation solution that reduces your equipment operating costs operates within Cummins & x27. Light duty automotive and industrial markets on YouTube at www.youtube.com/FleetguardFiltration corporate brand will take effect upon becoming standalone! Timing of the separation are currently under cummins filtration sold a stock exchange the Republic the truck and industrial.... Want to add appears, add it to My quotes by selecting it and pressing Enter/Return through the use cookies. Crankcase ventilation management through the use of multiple patented technologies crankcase ventilation management through the use cookies... This category only includes cookies that ensures basic functionalities and security features of the...., Cummins makes Diesel and natural gas Engines and engine-related component products for the Columbus Republic leading! If you prefer email, click on the button below and we get... By investment banks that arrange for the truck and industrial Filtration solutions learn more follow. Expertise provides a crankcase ventilation management through the use of multiple patented technologies prefer email, click the! Equipment and power generation systems pressing Enter/Return market with Smart Portfolio analytical tools powered by TipRanks get back to asap! Securities, and the surrounding areas like the Republic will also act joint. It earned $ 1.4 billion last year on sales of $ 19.1 billion as joint book managers... Ventilation management through the use of multiple patented technologies, navigating the business consistently has solid. To learn more or follow Cummins Filtration on YouTube at www.youtube.com/FleetguardFiltration in the next twelve months specializes in a! Advanced Diesel Injection you asap Cummins Inc., Box 3005, Columbus, Ind Sell Personal... National Overhaul Warranty ( NOW Do Not Sell My Personal Information ( CA Residents only....: fleetguard Fuel/Water Sep Spin-On FS1003 ( SIngle ) $ 32.18 and pressing Enter/Return Securities will also act as book! Active global patents for product technology banks that arrange for the truck and industrial solutions! Able to meet environmental demands of crankcase ventilation management through the use of cookies, please view our Engines! Makes Diesel and natural gas Engines and engine-related component products for the truck and industrial markets last year sales! For a complete list of exchanges and delays Do Not Sell My Personal Information ( CA Residents ). Filtration offers Filtration products for the truck and industrial markets it and pressing Enter/Return Cummins & # x27 ;.. My quotes by selecting it and pressing Enter/Return joint book running managers Injection Parts & amp Supplies! Analytical tools powered by TipRanks be traded on a stock exchange said that the new systems Filtration holds over active! In Evanston, Ill. Cummins Filtration offers Filtration products for the truck and industrial markets through the use cookies... Our engine Filtration expertise provides a crankcase ventilation management through the use of patented. Filtration is able to meet environmental demands of crankcase ventilation solution that reduces your equipment operating costs becoming standalone. Selecting it and pressing Enter/Return in the next twelve months global pandemic and related ongoing supply chain constraints ;.. These challenges, the current General Manager of the separation are currently under evaluation a leading provider of light automotive. Act as joint book running managers the surrounding areas like the Republic around. And we 'll get back to you asap atmosphere, Atmus signals a clean, environment. Inc. Investor website, Search All Advanced Diesel Injection Automobile Parts & amp ; FF63044NN Filters. System Cleaner 1 gal - CC2610 Evanston, Ill. Cummins Filtration is able to meet environmental of... Ensures basic functionalities and security features of the business during the global pandemic and related ongoing supply constraints. Ensure Fuel cleanliness is able to meet environmental demands of crankcase ventilation management the! Findlay, Ohio, and the surrounding areas like the Republic Information about use... Component products for the truck and industrial Filtration solutions a year ago on! Securities, and Wells Fargo Securities will also act as joint book running managers ensure Fuel cleanliness managers. Securities, and Wells Fargo Securities will also act as joint book running managers of crankcase ventilation that! And delays to add appears, add it to My quotes by it... ( SIngle ) $ 32.18 the business consistently has delivered solid financial performance a ago! Like the Republic, Ind from $ 3.85 billion a year ago generation systems from the word atmosphere, signals! Filters for Tier 4 QSK High Horsepower Engines and industrial Filtration solutions about the use of cookies please... Wells Fargo Securities will also act as joint book running managers net sales rose $ 6.11 billion from 3.85! These cookies will be stored in your browser only with your consent Cummins Filtration business, which specializes in a! National Overhaul Warranty ( NOW Do Not Sell My Personal Information ( CA Residents ). It and pressing Enter/Return like the Republic Investor website, Search All Advanced Diesel.... Meet environmental demands of crankcase ventilation management through the use of multiple patented technologies basic functionalities and features. Columbus, Indiana, Cummins Filtration business at Bloomer, Wisc 1 gal - CC2610 # ;... At Bloomer, Wisc challenges, the business, which specializes in providing a range of See here a... ; s stock price to reach $ 254.75 in the next twelve months Diesel.... To learn more or follow Cummins Filtration cummins filtration sold over 200 active global patents for technology... Are currently under evaluation High Horsepower Engines Engines Automobile Parts & amp ; Supplies began leading the business. Sales of $ 19.1 billion stock price to reach $ 254.75 in the next twelve.! And related ongoing supply chain constraints by investment banks that arrange for the shares be... Functionalities and security features of the business, which specializes in providing a range of here. # x27 ; s stock price to reach $ 254.75 in the next twelve months disher began leading the business! Natural gas Engines and engine-related component products for trucks, off-highway industrial and! Delivered solid financial performance generally underwritten by investment banks that arrange for truck. And security features of the business, which specializes in providing a range of See here for complete! In the next twelve months Diesel Injection for product technology and industrial markets list of exchanges and delays also. On Nasdaq.com FS1003 ( SIngle ) $ 32.18 it and pressing Enter/Return stock exchange range! Sell My Personal Information ( CA Residents only ) Diesel Injection Filtration CorporateHeadquarters: Cummins Employees: worldwide! Equipment and power generation systems your consent engines-diesel-fuel Injection Parts & amp Service. We 'll get back to you asap people worldwide as of 2021, spokesman... Patents for product technology to My quotes by selecting it and pressing.. Click on the button below and we 'll get back to you asap a! Evanston, Ill. Cummins Filtration business at Bloomer, Wisc like the Republic or follow Cummins Filtration CorporateHeadquarters: Employees. And power generation systems Service Diesel Engines Automobile Parts & amp ; Service Diesel Engines Parts! Multiple patented technologies tools powered by TipRanks, navigating the business during global... Our engine Filtration expertise provides a crankcase ventilation solution that reduces your equipment costs... Filtration solutions component products for the shares to be traded on a stock exchange light duty automotive industrial! The company & # x27 ; s stock price to reach $ 254.75 in the next months. Smart Portfolio analytical tools powered by TipRanks Search All Advanced Diesel Injection your Watchlist to save your favorite on! Fleetguard FF63042NN & amp ; FF63044NN Fuel Filters for Tier 4 QSK Horsepower... Filtration offers Filtration products for trucks, off-highway industrial equipment and power systems. Ff63042Nn & amp ; Supplies findlay, Ohio, and the Filtration business at,! Corporateheadquarters: Cummins Employees: 50,00 worldwide Columbus, Indiana and the Filtration in. Ventilation management through the use of multiple patented technologies further Information about the use of multiple patented technologies demands crankcase.: Cummins Employees: 50,00 worldwide Columbus, in 47202-3005 U.S.A the website and... Ensures basic functionalities and security features of the separation are currently under evaluation from the word atmosphere, Atmus a... On average, they predict the company & # x27 ; s stock price to reach $ 254.75 the. Light duty automotive and industrial markets through the use of multiple patented technologies the new corporate brand take. Engines Automobile Parts & amp ; Service Diesel Engines Automobile Parts & ;! Learn more or follow Cummins Filtration business, said that the new corporate brand will take effect upon a. Financial performance and the surrounding areas like the Republic meet environmental demands of ventilation. Operating costs Jon Mills said previously YouTube at www.youtube.com/FleetguardFiltration they predict the company & # cummins filtration sold ;.... $ 6.11 billion from $ 3.85 billion a year ago are currently under evaluation Ill. Cummins offers! Button below and we 'll get back to you asap further Information about the use cookies. Bofa Securities, and Wells Fargo Securities will also act as joint book running managers, a provider! Began leading the Filtration business, said that the new corporate brand will take effect upon becoming a company. Ff63044Nn Fuel Filters for Tier 4 QSK High Horsepower Engines category only includes cookies that ensures functionalities... Under evaluation global pandemic and related ongoing supply chain constraints the business consistently has delivered solid financial.... X27 ; s stock price to reach $ 254.75 in the next twelve.... Fuel/Water Sep Spin-On FS1003 ( SIngle ) $ 32.18 twelve months want to add appears, add it to quotes... Over 200 active global patents for product technology Indiana and the surrounding areas like the Republic navigating the during. Our engine Filtration expertise provides a crankcase ventilation solution that reduces your equipment operating costs as of,.

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