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Cummins purchases battery development company - Equipment Journal

CMI

To advance its effort to become a global leader in electrification, Cummins Inc. has acquired battery designer and developer Brammo Inc. Created in 2002, Brammo has made strides in developing electric energy storage technology for mobile and stationary applications. Working with several manufacturers, Brammo has developed electrification solutions ranging from 1.5 Kwh to clusters of 100 Kwh. Operations from the Brammo acquisition will report to Cummins recently-formed Electrification Business and will continue to be based in Talent, Oregon. Komatsu Acquires Joy Global To Expand Mining Business.

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equipmentjournal.com
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Beta-Testing the R2.8 Diesel With Cummins

CMI

If you haven’t heard the news that Cummins has a brand-new 2.8L diesel crate engine on the market, you need to get your eyes and ears checked. With all the miles we racked up on the UACJ-6D during this year’s Ultimate Adventure (as well as the return trip from Hurricane, Utah, to Peoria, Arizona) the Jeep and its R2.8 Turbo Diesel crate engine were itching for more action, so when the folks from Cummins invited us to join them for some high-altitude testing in Colorado we jumped at the chance. All of the test vehicles were equipped with data loggers that would collect info for the Cummins engines via the OBD-II port. Fred Williams and his co-dawg, Batman, manned the wheel of the Cummins R2.8 Turbo Diesel/NV3550/NP231/5.38-geared Tube-Sock TJ somewhere in Colorado.

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fourwheeler.com
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Cummins Releases New Models in the Gas Spark-Ignited Generator Set Range

CMI

Cummins Releases New Models in the Gas Spark-Ignited Generator Set Range. The Cummins commercial generator set is a fully integrated power generation system providing optimum performance, reliability, and versatility for stationary standby power applications. About Cummins, Inc. Cummins, Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emissions solutions and electrical power generation systems. The enclosures are aesthetically appealing and incorporate a special design that delivers a very quiet generator.

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Cummins buys battery firm

CMI

Tom Linebarger, chairman and CEO of Cummins, said, “To be a leading provider of electrified power systems just as we are with diesel and natural gas-driven powertrains, we must own key elements and subsystems of the electrification network. “By adding the expertise of Brammo and its employees to Cummins, we are taking a step forward in our electrification business and differentiating ourselves from our competition. Delivered directly to your inbox World Construction Week features the pick of the breaking news stories, product launches, show reports and more! Craig Bramscher, chairman and CEO of Brammo, said, “Brammo’s expertise across a broad range of applications uniquely positions us to enhance Cummins’ efforts to be a leader in the electrified power space.

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khl.com
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Stevens Capital Management LP Lifted Robert Half Intl (RHI) Holding; 6 Analysts Bullish Cummins Inc. (CMI)

CMI RHI

Stevens Capital Management LP Lifted Robert Half Intl (RHI) Holding; As per Wednesday, October 12, the company rating was maintained by Barclays Capital. RBC Capital Markets maintained Robert Half International Inc. (NYSE:RHI) on Wednesday, October 11 with “Hold” rating. Moreover, Westpac Bk Corp has 0% invested in Robert Half International Inc. (NYSE:RHI) for 9,003 shares.

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whatsonthorold.com
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The One-Week Pre-earnings Momentum Trade With Options in Cummins Inc

CMI

There is a bullish momentum pattern in Cummins Inc (NYSE:CMI) stock 7 calendar days before earnings, and we can capture that phenomenon explicitly by looking at returns in the option market. The One-Week Pre-earnings Momentum Trade With Options in Cummins Inc. Cummins Inc (NYSE:CMI) : The One-Week Pre-earnings Momentum Trade With Options Date Published: 2017-10-22. PREFACE. While this strategy had an overall return of 379.6%, the trade details keep us in bounds with expectations:. ➡ The average percent return per trade was 34.47%.

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news.cmlviz.com
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GILLIG and Cummins Announced Electrified Power Partnership at APTA

CMI

The technical collaboration work focuses on integrating and optimizing new battery electric technology from Cummins that will soon power GILLIG zero-emissions transit buses. Boerger commented, “The Cummins electrified powertrain on show here at APTA represents a major leap forward for the industry, and we are delighted that GILLIG will have first access to this important zero-emissions technology. The addition of Cummins electrified power systems to the bus range will align with transit customers looking to introduce zero-emissions buses to their fleets while still maintaining commonality with their existing GILLIG vehicles and service support provision. “Cummins and GILLIG have been working together since the 1950s to introduce innovative bus power solutions — and I am really excited to be continuing that success forward into the new era of electric buses,” noted Maunus.

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masstransitmag.com
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Guaranty Building magnet for tech firms

CMI CRM

The Guaranty Building on Monument Circle for years was known as the home of one of the city’s top tech companies—first ExactTarget Inc. and then later Salesforce. ” Construction on the building was completed in 1923 at a cost of about $1 million. ” Meanwhile, Barnard said the building has been appraised at $10 million—a healthy increase from the $750,000 he paid for it. ” Barnard, 74, had the time to nurse the building back to health.

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ibj.com
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Cummins Announces Acquisition of Energy Storage Technology

CMI

Acquisition of Brammo will accelerate Cummins' efforts toward becoming a global electrified power leader. Adding Brammo's battery pack expertise and resources is an important milestone in Cummins efforts to become a global electrified power leader. As always, when markets are ready, Cummins will bring our customers the right power solution at the right time to power their success. " Operations from this acquisition will report under Cummins recently formed Electrification Business led by Julie Furber, Executive Director of Electrification at Cummins, and will continue to be based in Talent, OR.

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Cummins buys Brammo electric-drivetrain group for future electric semi

CMI TSLA

With the Urban Hauler Tractor's announcement, Cummins said the electric powertrain includes a 140-kilowatt-hour battery pack to provide 100 miles of range. Cummins' acquisition of Brammo sends a clear signal many traditional engine makers are quickly working to refocus their future into electric powertrains as emission regulations tighten around the world. Toyota also announced it will begin testing its Project Portal semi truck, which uses a fuel-cell powertrain with 200 miles of range. Teaser for Tesla semi truck debuting in SeptemberEnlarge Photo.

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greencarreports.com
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Kenworth T680 now offers Endurant 12-speed automated transmission paired with Cummins X15 Engine

CMI

The Kenworth T680 on-highway truck is now available with the new Endurant 12-speed automated transmission paired with the Cummins X15 Efficiency Series engine for regional and linehaul applications up to 110,000 lbs. Kenworth T680 now offers Endurant 12-speed automated transmission paired with Cummins X15 Engine. “The 12-speed Endurant automated transmission is an important technological advancement for the Kenworth T680. Fleets and truck operators will benefit from its light weight, efficiency, reduced maintenance, and driver comfort,” said Patrick Dean, Kenworth’s chief engineer. less than competitive automated manual transmissions (AMTs), according to the company.

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fleetequipmentmag.com
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Cummins Acquires Battery Pack Maker Brammo Inc.

CMI

"By adding the expertise of Brammo and its employees to Cummins, we are taking a step forward in our electrification business and differentiating ourselves from our competition. Cummins Acquires Battery Pack Maker Brammo Inc. Cummins Inc. is acquiring the assets of Brammo Inc., which designs and develops battery packs for mobile and stationary applications. " This acquisition adds to Cummins portfolio of solutions and provides an entry point into new markets. "Brammo's expertise across a broad range of applications uniquely positions us to enhance Cummins efforts to be a leader in the electrified power space," said Craig Bramscher, Chairman and CEO of Brammo.

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rermag.com
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Cummins Inc. (CMI) PT Set at $159.00 by Piper Jaffray Companies

CMI

Stifel Nicolaus raised their price objective on shares of Cummins from $160.00 to $168.00 and gave the company a hold rating in a research note on Wednesday, August 2nd. Deutsche Bank AG reduced their price objective on shares of Cummins from $155.00 to $147.00 and set a sell rating for the company in a research note on Wednesday, August 2nd. AGF Investments America Inc. now owns 38,653 shares of the company’s stock valued at $6,270,000 after buying an additional 11,338 shares during the period. Bank of America Corp DE now owns 780,787 shares of the company’s stock valued at $118,055,000 after buying an additional 62,046 shares during the period.

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How Cummins (CMI) Stock Stands Out in a Strong Industry

CMI

This is because this security in the Automotive - Internal Combustion Engines space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is arguably taking place in the Automotive - Internal Combustion Engines space as it currently has a Zacks Industry Rank of 28 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there. Want the latest recommendations from Zacks Investment Research? Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time.

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Social Chatter

Cummins Inc (INX:CMI) social chatter is higher than usual

CMI
RT @ufc: Fight News update!! Ovince VON FLUE replaces Cummins, will take on Corey Anderson at #UFC217 @TheGarden! https://t.co/oh2Xysrav3