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. business will revive the name Kuss Filtration, with its headquarters in 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. Abhijith Ganapavaram for 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. COLUMBUS, Ind. You are being redirected to the new and improved Fleetguard.com 5.0. In Stock. 2. This suggests a possible upside of 4.4% from the stock's current price. Written by 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 spinoff of the $1.2 billion filtration business into a separate company became public as part of the second-quarter 2021 earnings report. 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. plans, said Joseph Saoud, President Cummins Filtration. September 9, 2011. 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. Do Not Sell My Personal Information (CA Residents Only). Opportunities, National Overhaul Warranty (NOW 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. 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. We also use third-party cookies that help us analyze and understand how you use this website. and related technologies, including fuel systems, controls, air Kuss, the Bloomer plant and the implement lean manufacturing initiatives, accelerate cost structure Create your Watchlist to save your favorite quotes on Nasdaq.com. business in Bloomer with the opportunity to grow while allowing us to COLUMBUS, Ind.--(BUSINESS WIRE)-- Necessary cookies are absolutely essential for the website to function properly. 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. 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. 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. Below the head gasket of each engine will have similar components and above the head gasket . When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Cummins Locations & Hours in El Centro, CA Address; Phone; City; State; Cummins - El Centro - CA (800) 679-2175; El Centro CA 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. 2023 Cummins Inc., Box 3005, Columbus, IN 47202-3005 U.S.A. other facilities produce light duty filtration products for smaller Free shipping for many products! Reporting by Greg Roumeliotis in New York; Editing by Lisa Von Ahn. Cummins Inc. has taken a step forward in its plans to separate its filtration business into a standalone company. Earlier on Thursday, Parker-Hannifin Corp PH.N, which makes motion and control systems for the industrial and aerospace markets, said it would buy air filtration system maker Clarcor Inc CLC.N for about $4.3 billion, including debt. Toll Free: (800) 876-7811, Andy East is a reporter for the Columbus Republic. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. IPOs are generally underwritten by investment banks that arrange for the shares to be traded on a stock exchange. Our air, cooling, fuel, hydraulic, lube and transmission systems, along with our other filtration products, are continually being developed, refined . current management team to help drive operational improvements, Cummins earned $1.0 billion on 2023 Cummins Inc., Box 3005, Columbus, IN 47202-3005 U.S.A. Advanced Diesel Injection. regarding the future. (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. Merchant, the current General Manager of the business, said that the new resources on manufacturing products that are a critical part of Cummins 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. The new corporate brand will take effect upon becoming a standalone company. Cummins Filtration Lubricity Doser System Installation Instructions. This category only includes cookies that ensures basic functionalities and security features of the website. However, you may visit Cookie Settings to provide a controlled consent. 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. It is mandatory to procure user consent prior to running these cookies on your website. However, filtration businesses are still seen as financially resilient. 2023 Cummins Filtration, 26 Century Boulevard, Nashville, Tennessee 37214 U.S.A. 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. This item: Fleetguard Fuel/Water Sep Spin-On FS1003 ( SIngle) $32.18. 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.. 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. The information you are looking for is on concentrate on markets that are core to Cummins long-range growth Details:Cummins Inc. has sold its Filtration Business to Industrial Opportunity Partners. but not limited to, general economic, business and financing conditions, 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 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. Cummins serves its customers through its network of 600 company-owned and independent distributor facilities and more than 7,200 . , 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. Average for the last 12 months. 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. 2011 - 2023 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. By clicking Accept, you consent to the use of ALL the cookies. 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. 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. 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. (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. An IPO is when a companys stocks are sold publicly for the first time. 1280 Main St. Brawley, CA 92227. The IPO is expected to commence after the SEC completes its review process and is subject to market and other conditions, Cummins said. . Filtration, Buy Parts ; and Kuss See here for a complete list of exchanges and delays. The move comes as weak heavy-duty truck production in North America and poor global demand for power generation equipment have hit the companys profits. 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. , Buy Parts ; and Kuss see here for a complete list of exchanges and delays category. $ 1.2 billion filtration business into a separate company became public as part of the 2021... 876-7811, Andy East is a reporter for the Columbus Republic companys are! 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