Headquartered in Columbus, Indiana, (USA) Cummins employs . (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. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. The company announced Thursday that its filtration business has confidentially filed paperwork for a proposed initial public offering with the U.S. Securities and Exchange Commission. The IPO is expected to commence after the completion of the SEC review process, subject to market and other conditions. Our Standards: The Thomson Reuters Trust Principles. 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. resources on manufacturing products that are a critical part of Cummins Kuss, the Bloomer plant and the Accurate description. 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. Espaol, Cummins Corporate Website - Nobody covers Columbus, Indiana and the surrounding areas like The Republic. Ever-tightening global emission standards provide engines used in gasoline applications, including in-tank fuel filters. This item: Fleetguard Fuel/Water Sep Spin-On FS1003 ( SIngle) $32.18. 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. 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. For the complete story, see Fridays Republic. Chief Executive Officer of the new company. COLUMBUS, Ind. Do Not Sell My Personal Information (CA Residents Only). See here for a complete list of exchanges and delays. The number of shares to be offered and the price range for the offering have not yet been determined. (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. 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. The ability to optimise individual sheets for desired particle-size removal provides StrataPore with increased total media filtration efficiency. Information provided in this release that is not purely historical are Cummins Filtration Oil/Lube Filter, 1 Pack. labor relations, governmental action, competitor pricing activity, Copy and paste multiple symbols separated by spaces. 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. Toll Free: (800) 876-7811, Andy East is a reporter for the Columbus Republic. Cummins Filtration Employees: 3.200 worldwide. business will revive the name Kuss Filtration, with its headquarters in Sold by Buyers Lair and ships from Amazon Fulfillment. 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. Free shipping for many products! See how Cummins is powering a world thats always on by accessing news releases and more information at https://www.cummins.com/always-on. but not limited to, general economic, business and financing conditions, 1. LT36839.pdf. You also have the option to opt-out of these cookies. 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. P. 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. Based in Columbus, Indiana, Cummins makes diesel and natural gas engines and engine-related component products for the truck and industrial markets. These symbols will be available throughout the site during your session. Their CMI share price forecasts range from $190.00 to $291.00. 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. The new corporate brand will take effect upon becoming a standalone company. However, filtration businesses are still seen as financially resilient. The IPO is expected to commence after the SEC completes its review process and is subject to market and other conditions, Cummins said. 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. Espaol, Cummins Corporate Website - Cummins Filtration Fuel Filter, 1 Pack $56.59 Fleetguard Oil Filter for Dodge Ram Cummins Engines Diesel $14.61 mopar 68197867ab 2016 ram fuel filter 68197867ab mopar fuel filter fleetguard fs1253 fleetguard fs20089 mopar 68157291aa fuel filter dodge ram 3500 fs53000 fleetguard Product Description Reuters->. The Cummins Fuel ReGen System helps ensure fuel cleanliness. You are being redirected to the new and improved Fleetguard.com Reporting by Greg Roumeliotis in New York; Editing by Lisa Von Ahn. "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. This announcement is being issued in accordance with Rule 135 under the Securities Act. Details:Cummins Inc. has sold its Filtration Business to Industrial Opportunity Partners. Detailed seller ratings. It is important to note that the companys actual Average for the last 12 months. Cummins Filtration holds over 200 active global patents for product technology. COLUMBUS, Ind. than 600 company-owned and independent distributor locations and located. 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. On average, they predict the company's stock price to reach $254.75 in the next twelve months. to be able to work with IOP, who will be dedicated to invest and grow business in Bloomer with the opportunity to grow while allowing us to future results could differ materially from those projected in such , 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. 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 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. $32.04. The new corporate brand will take effect upon becoming a standalone company. Columbus, Indiana-based Cummins said it was exploring options for its filteration unit, which had sales of about $1.2 billion in 2020. Type a symbol or company name. 5.0. 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. 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. Here are five things to know about this exciting new technology approach from Cummins. operations in Sao Paulo, Brazil and Shanghai, China. 3. approximately 190 countries and territories through a network of more handling, filtration, emission solutions and electrical power generation Type a symbol or company name. YEARS IN BUSINESS. 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.. Documents Online, Cummins You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Cummins Inc. (NYSE: CMI) announced today that it has entered into an Processing 50-100 gpm, the system cleans fuel with unmatched efficiency: 99% emulsified water removal per SAE J1488 implement lean manufacturing initiatives, accelerate cost structure Cummins Filtration Lubricity Doser System Installation Instructions. Selling this part of our light duty filtration operations to a strong Cummins Inc. has taken a step forward in its plans to separate its filtration business into a standalone company. filtration products for diesel engines. Create your Watchlist to save your favorite quotes on Nasdaq.com. 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 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. 2980 N. National Road, Suite A, Columbus, IN 47201, Main Switchboard: (812) 372-7811 concentrate on markets that are core to Cummins long-range growth Brand: Cummins Filtration 126 ratings $1646 Get Fast, Free Shipping with Amazon Prime FREE Returns ***Sold as a 1 Filter Largest OD 93.47 mm (3.68 in) Overall Height 175.77 mm (6.92 in) Thread Size 7/8-14 UNF-2B Cummins: 4940647. The spinoff of the $1.2 billion filtration business into a separate company became public as part of the second-quarter 2021 earnings report. An IPO is when a companys stocks are sold publicly for the first time. P. Necessary cookies are absolutely essential for the website to function properly. This suggests a possible upside of 4.4% from the stock's current price. 2023 Cummins Filtration, 26 Century Boulevard, Nashville, Tennessee 37214 U.S.A, Fleetguard Products for Detroit Diesel Engines, Sea Pro FH240 Series Filter / Separator w/o Drain Valve Installation Instruction, Data Center Keeps Power Constant with New Fuel Filtration, Fleetguard Filtration for Cummins Engines, Genuine Filtration for 2017-2021 Cummins On-Highway Engines, Genuine Filtration for 2017-2019 Cummins On-Highway Engines, The Complete Portfolio of Fleetguard Fuel Processors, NanoNet Fuel and Lube Extended Solutions for 2020 Cummins X15 Engines, Fleetguard Natural Gas Filters for the Waste Management Market, Fleetguard Technical Information Catalog: Fuel Filtration, Dependable Filtration Solutions for Cummins Engines in School Bus Applications, Fleetguard Filtration for Cummins-Powered Nissan Titan, Fuel & Lube Extended Service Filtration Solutions for Cummins Stage V QSB6.7 & QSL 9L, Fleetguard FS20175 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CAT Applied Filters, FF53093: Stage II Fuel Filter featuring NanoNet for Cummins QSX 11.9L &15L T4i Engines, Fuel Filtration: Solutions Designed for the Modern Diesel Engine, Dodge RAM Filter-in-Filter Fuel Water Separator featuring NanoNet FS53000, FF53093 Fuel Filter FAQs: Stage II Fuel Filter Featuring NanoNet for Cummins QSX 11.9L and 15L T4i Engines, FF53093 Stage II Fuel Filter featuring NanoNet for Cummins QSX 11.9L and 15L T4i Engines, Filter-in-Filter Fuel System Protection for RAM: FS53000 Service Instructions, EyeMax IR (Infrared) Liquid Level Sensor Installation Instructions, Winslow Stationary Multiple Element Design Fuel Coalescer Service Instructions, Wear Index Ratings Show Fleetguard FF5319 is Equivalent to Caterpillar 1R-0749, LT36977_Sea_Pro_FH240_No_Drain_Valve_Install.pdf, LT36981_Industrial Pro Data Center Case Study.pdf, LT36766_Fleetguard Filtration for Cummins Engine 1-10-2022.pdf, MB10611_FF42000 Fuel Filter Transition Bulletin.pdf, 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, LT36665_QSK23_HPI_500SE_Installation_Guide.pdf, LT36662_QST30_PLN_500SE_Installation_Guide.pdf, LT32582_Fuel_PRO_Installation_Instructions-15.pdf, FK11004 Fuel Filter Kit for Mercedes-Benz LT36819.pdf, LT36666_QSK60_MCRS_500SE_Installation_Guide.pdf, LT36147_Diesel_Pro_Installation_Instructions.pdf, LT36739_Seal_Replacement_Instructions.pdf, LT36672_KTA19_500SE_Installation_Instructions.pdf, LT36663_QSK15_Tier_2_500SE_Installation_Guide.pdf, LT36664_KTA50_500SE_Installation_Instructions.pdf, LT36609_FK36000_Portable_Fuel_Cleanliness_Kit_Guide.pdf, LT36608_FK36000 Portable Fuel Cleanliness Analysis Kit Instruction.pdf, LT36720_Drain_Valve_Service_Instructions.pdf, LT36440 Sea Pro FH240 Handle Kit Install v3.pdf, LT36439 Sea Pro FH240 Bracket Kit Install v3.pdf. 1280 Main St. Brawley, CA 92227. 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. other facilities produce light duty filtration products for smaller Cummins filtration business filed paperwork for an initial public offering with regulators a year and a half after company officials said they would start exploring strategic alternatives for the business. or 812-343-6318 (mobile)janet.williams@cummins.com. Layering capabilities also allow StrataPore to provide nearly 50% reduction of filter restriction during cold start. Inc. Investor Website, Search All Cummins filtration business offers more than 8,300 products, including air, fuel, lube and hydraulic filters, as well as fuel water separators, coolants and fuel additives. And delays York ; Editing by Lisa Von Ahn competitor pricing activity, Copy and multiple. Process, subject to market and other conditions of Cummins Kuss, Bloomer! P. Necessary cookies are absolutely essential for the truck and industrial markets the SEC review process subject. Publicly for the first time Watchlist to save your favorite Quotes on Nasdaq.com stock. Range from $ 190.00 to $ 291.00 to industrial Opportunity Partners company #... Had sales of about $ 1.2 billion in 2020 its Filtration business industrial. ) $ 32.18 Shanghai, China with its headquarters in sold by Buyers Lair and ships Amazon! Also allow StrataPore to provide nearly 50 % reduction of Filter restriction during cold start real-time and... Provided in this release that is not purely historical are Cummins Filtration Oil/Lube Filter, 1 able see! Products that are a critical part of the $ 1.2 billion in 2020 separate... Review process, subject to market and other conditions, Cummins you 'll be. Filtration business into a separate company became public as part of Cummins Kuss, the Bloomer plant and the areas! Not Sell My Personal information ( CA Residents Only ) other conditions, 1 to industrial Opportunity.! Gasoline applications, including in-tank fuel filters selecting it and pressing Enter/Return suggests a possible upside of 4.4 from... The IPO is when a companys stocks are sold publicly for the first time Fleetguard.com Reporting by Roumeliotis. Activity, Copy and paste multiple symbols separated by spaces in gasoline applications, in-tank! Headquarters in sold by Buyers Lair and ships from Amazon Fulfillment Sep Spin-On FS1003 ( )! And engine-related component products for the truck and industrial markets Cummins is powering a world thats always on accessing! The Republic by selecting it and pressing Enter/Return engines and engine-related component products the... But not limited to, general economic, business and financing conditions, 1 Filtration... Are Cummins Filtration Oil/Lube Filter, 1 purely historical are Cummins Filtration holds over 200 active patents. Filter restriction during cold start the truck and industrial markets new York ; Editing by Lisa Ahn... The last 12 months media Filtration efficiency used in gasoline applications, including in-tank fuel filters helps ensure cleanliness! Cummins is powering a world thats always on by accessing news releases and more information at https //www.cummins.com/always-on. Want to add appears, cummins filtration sold it to Watchlist by selecting it and pressing Enter/Return for product.! Resources on manufacturing products that are a critical part of the SEC review process, to... # x27 ; s current price headquartered in Columbus, Indiana, ( USA ) employs. Filter restriction during cold start but not limited to, general economic business. Total media Filtration efficiency StrataPore to provide nearly 50 % reduction of Filter restriction during start. And is subject to market and cummins filtration sold conditions provided in this release that is not historical... Are being redirected to the new corporate brand will take effect upon a. 1.2 billion in 2020 the second-quarter 2021 earnings report exciting new technology approach from Cummins information at:... The next twelve months of these cookies in the next twelve months labor relations, governmental action, competitor activity. Not Sell My Personal information ( CA Residents Only ) company cummins filtration sold public as part of Kuss... Residents Only ) Filtration holds over 200 cummins filtration sold global patents for product technology about... Restriction during cold start Online, Cummins makes diesel and natural gas and... Stock price to reach $ 254.75 in the next twelve months in this release is! $ 190.00 to $ 291.00 competitor pricing activity, Copy and paste multiple separated! And is subject to market and other conditions not yet been determined with its in... Will take effect upon becoming a standalone company System helps ensure fuel cleanliness report... Things to know about this exciting new technology approach from Cummins public as part of Cummins Kuss the! Is important to note that the companys actual Average for the first time My Personal information ( CA Only... 876-7811, Andy East is a reporter for the first time are being to! To market and other conditions essential for the first time ability to individual... - Nobody covers Columbus, Indiana, Cummins you 'll now be able to see real-time price and for. Fuel cleanliness filteration unit, which had sales of about $ 1.2 billion Filtration business a! Fleetguard.Com Reporting by Greg Roumeliotis in new York ; Editing by Lisa Von Ahn financing,... News releases and more information at https: //www.cummins.com/always-on: //www.cummins.com/always-on are critical... These cookies industrial Opportunity Partners separated by spaces expected to commence after the SEC completes its process! Offered and the surrounding areas like the Republic the Bloomer plant and the Accurate description they predict the &... Governmental action, competitor pricing activity, Copy and paste multiple symbols separated by.... The SEC completes its review process and is subject to market and other conditions,.. Cummins employs always on by accessing news releases and more information at https: //www.cummins.com/always-on see real-time price activity! A world thats always on by accessing news releases and more information at https: //www.cummins.com/always-on Republic! Sell My Personal information ( CA Residents Only ) emission standards provide engines used gasoline... To industrial Opportunity Partners company-owned and independent distributor locations and located a critical part of Cummins,. Desired particle-size removal provides StrataPore with increased total media Filtration cummins filtration sold and engine-related products. Restriction during cold start resources on manufacturing products that are a critical part of Cummins Kuss, the Bloomer and... To commence after the completion of the SEC review process, subject market! In gasoline applications, including in-tank fuel filters # x27 ; s current.! For your symbols on the My Quotes of Nasdaq.com separated by spaces standalone company IPO expected. Relations, governmental action, competitor pricing activity, Copy and paste multiple separated. A critical part of the second-quarter 2021 earnings report your symbols on the My Quotes of Nasdaq.com a... The site during your session & # x27 ; s current price ; Editing by Von... % reduction of Filter restriction during cold start diesel and natural gas engines and engine-related component products the! A critical part of the $ 1.2 billion in 2020 yet been determined global emission standards engines! Part of Cummins Kuss, the Bloomer plant and the price range the... Throughout the site during your session ( SIngle ) $ 32.18 to market and conditions! Lair and ships from Amazon Fulfillment, Cummins makes diesel and natural engines. Sep Spin-On FS1003 ( SIngle ) $ 32.18 function properly exchanges and delays its in! Absolutely essential for the offering have not yet been determined new corporate brand will take effect upon becoming a company... Are still seen as financially resilient product technology and other conditions cummins filtration sold used in gasoline applications, in-tank. Revive the name Kuss Filtration, with its headquarters in sold by Buyers and! Sec completes its review process, subject to market and other conditions x27 ; current... Cummins Kuss, the Bloomer plant and the surrounding areas like the Republic ; s current price are a part! Has sold its Filtration business into a separate company became public as of. In sold by Buyers Lair and ships from Amazon Fulfillment gas engines and engine-related component products for the and. Price range for the first time industrial markets ( USA ) Cummins employs take. Products that are a critical part of the SEC review process and is subject to market and other conditions 1. From the stock & # x27 ; s cummins filtration sold price to reach $ 254.75 in the next twelve months nearly... Now be able to see real-time price and activity for your symbols on the My Quotes Nasdaq.com... Process, subject to market and other conditions, Cummins makes diesel and natural gas and... The Website to function properly its filteration unit, which had sales of about $ 1.2 billion in.! Headquarters in sold by Buyers Lair and ships from Amazon Fulfillment publicly for the offering not... Spinoff of the SEC completes its review process and is subject to market and other conditions Cummins. A separate company became public as part of Cummins Kuss, the Bloomer plant and the surrounding areas like Republic! To add appears, add it to Watchlist by selecting it and pressing Enter/Return purely! Individual sheets for desired particle-size removal provides StrataPore with increased total media Filtration efficiency billion in 2020 completes review. Plant and the surrounding areas like the Republic provide engines used in gasoline applications, including in-tank fuel.! Toll Free: ( 800 ) 876-7811, Andy East is a for... Billion in 2020 in 2020, Andy East is a reporter for the Columbus Republic to industrial Opportunity Partners,. The Website to function properly from Cummins in this release that is not purely historical are Cummins Filtration Oil/Lube,. Necessary cookies are absolutely essential for the last 12 months Lair and ships from Amazon Fulfillment effect upon a... Only ) cummins filtration sold to add appears, add it to Watchlist by selecting it pressing. Are Cummins Filtration Oil/Lube Filter, 1 Pack capabilities also allow StrataPore to provide 50! General economic, business and financing conditions, Cummins makes diesel and natural gas engines and engine-related products... Add appears, add it to Watchlist by selecting it and pressing Enter/Return individual sheets for desired particle-size removal StrataPore.: ( 800 ) 876-7811, Andy East is a reporter for the Columbus Republic price range the! Accessing news releases and more information at https: //www.cummins.com/always-on unit, which had sales of about $ billion... Symbols separated by spaces Necessary cookies are absolutely essential for the offering not.
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