Cummins

Manufactures engines and related technologies.

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Headquarters:
500 Jackson St, Box 3005
Columbus, IN 47202
Employees: 39,800
CEO: Tim Solso
Stock Symbol: CMI

Website: http://www.cummins.com

Career Site

Cummins and its business units design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems.

Cummins engines can be found in a variety of industries, from oil rigs to boats, recreational vehicles, construction vehicles, military vehicles and Chrysler's Dodge Ram trucks.

Cummins serves customers in approximately 190 countries and territories through a network of more than 500 Company-owned and independent distributor locations and 5,200 dealer locations.

Cummins reported net income of $755 million on sales of $14.34 billion in 2008.

History

The Cummins Engine Company was incorporated on February 3, 1919. William Glanton "W.G." Irwin-a successful Columbus banker-investor who supported several local entrepreneurs-supplied the starting capital. The new company's namesake, Clessie Lyle Cummins, was a self-taught mechanic-inventor. The Irwins hired him in 1908 to drive and maintain their car, and later set him up in business as an auto mechanic. During World War I, Clessie operated a machine shop that thrived on government contracts. By then, he was convinced that an engine technology invented by Rudolph Diesel in the 1890s-while still unproven commercially-held great promise for its fuel economy and durability. To enter the business, Cummins secured manufacturing rights from a Dutch diesel licensor named Hvid.

The first Hvid engines made by Cummins in 1919 were six-horsepower, four-cycle models used for stationary power. Like other diesel licensees, Cummins found the technology to be underdeveloped and unsalable. But with the assistance of a bright former Hvid engineer named H.L. Knudsen, Clessie began working on his own designs. He soon produced a pioneering single-disk fuel system.

Benefits

Here are some benefits offered to employees:

- Paid Group Medical & Dental Insurance   
- Short & Long Term Disability Protection   
- Paid Vacations   
- Paid Calendar Holidays   
- Paid Floating Holidays   
- Life Insurance   
- Pension Plan For Contract Employees   
- 401(k) Plan For Office Hourly and Salaried Employees   
- Collaborative Union Partnership   
- Direct Deposit   
- Career Development   
- Educational/Tuition Assistance   
- Employee Purchase Program   
- Employee Rewards and Recognition   
- Safety/Wellness Committees   
- Local Membership Discounts   
- Community Support Activities   

Updated August 30, 2009