Cummins Inc., founded in 1919 as Cummins Engine Company, is a global leader in power solutions, specializing in the design, manufacturing, distribution, and servicing of diesel, natural gas, electric, and hybrid powertrains. The company operates through five complementary segments: Components, Engine, Distribution, Power Systems, and Accelera. Each segment focuses on integrating and developing technologies that enhance energy efficiency and meet stringent emissions standards while catering to various global markets such as commercial vehicles, industrial applications, and power generation systems.
In August 2022, Cummins acquired Meritor, significantly expanding its capabilities in axle and brake systems and electrified powertrains. The company's business model is characterized by robust customer relationships, long-term contracts, and a broad distributor network that includes over 450 locations worldwide. By investing in hydrogen production technologies and electrification, Cummins positions itself to lead in the energy transition, promoting sustainable power solutions across multiple industries.