Type a symbol or company name. Baird, BofA Securities, and Wells Fargo Securities will also act as joint book running managers. Do Not Sell My Personal Information (CA Residents Only). 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. in Evanston, Ill. $32.04. 5.0 . The spinoff of the $1.2 billion filtration business into a separate company became public as part of the second-quarter 2021 earnings report. Products. Cummins filtration business employed around 4,000 people worldwide as of 2021, corporate spokesman Jon Mills said previously. Designed for use on storage tanks of 10,000 gallons and larger,*the Fuel ReGen System runs 24/7 in a continuous recirculation configuration. 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. agreement to sell its light duty filtration operations to Industrial The ability to optimise individual sheets for desired particle-size removal provides StrataPore with increased total media filtration efficiency. Lincoln International advised ARX Equity Partners on the sale of TES Vsetn to Genesis Capital and Avallon MBO, Lincoln International advised U. P. Twiga Fiberglass in its agreement to be sold to Saint-Gobain, Lincoln International advised Elliott Management on the sale of ThreatINSIGHT, a division of Gigamon, to Fortinet, Lincoln International advised management, minority shareholders and Capital Croissance in its sale of Equativ to Bridgepoint Development Capital, Lincoln International advised Alaris Equity Partners, in partnership with Brookfield Special Investments, on raising $546 million in equity and $180 million in debt for Sono Bello, Lincoln International advised kiana group in its sale to Kalaidos, a subsidiary of Klett Group, Lincoln International advised Grant Avenue Capital in its launch with Helios Clinical Research, Lincoln International advised TIS on its acquisition of a minority stake in Vector Consulting Group. the business, said Hasnain Merchant, a current Cummins executive and "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. The company's current name, Atmus Filtration Technologies, is. Based in Columbus, Indiana, Cummins makes diesel and natural gas engines and engine-related component products for the truck and industrial markets. Findlay, Ohio, and the Filtration business at Bloomer, Wisc. www.cummins.com. Reuters, the news and media division of Thomson Reuters, is the worlds largest international multimedia news provider reaching more than one billion people every day. COLUMBUS, Ind. Cummins serves its customers through its network of 600 company-owned and independent distributor facilities and more than 7,200 dealer locations in over 190 countries and territories. Information provided in this release that is not purely historical are Website Services More Info. coverage), Cummins Corporate Website - COLUMBUS, Ind. Kuss, the Bloomer plant and the Disher began leading the Filtration business in August 2020, navigating the business during the global pandemic and related ongoing supply chain constraints. 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. LT36839.pdf. These operations are part of 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. Reasonable shipping cost. This item: Cummins Filtration LF9009 Oil/Lube Filter, 1 Pack $32.04 Fleetguard Fuel Filter $16.46 Fleetguard Fuel/Water Sep Spin-On SIngle $32.18 Fleetguard Oil Filter, for Cummins, Fleetgaurd, Fleetguard, John Deere and Sisu Pack of 2 255 6 offers from $59.40 Fleetguard Oil Filter 774 #1 Best Seller in Automotive Replacement Coolant Filters This category only includes cookies that ensures basic functionalities and security features of the website. An industry-first approach These new fuel-agnostic engine platforms will feature a series of engine versions that are derived from a common base engine, which means they have a high degree of parts commonality. Nobody covers Columbus, Indiana and the surrounding areas like The Republic. Copy and paste multiple symbols separated by spaces. and related technologies, including fuel systems, controls, air 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. 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. Cummins Filtration holds over 200 active global patents for product technology. 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. 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. We use cookies on our website to give you the most relevant and optimal user experience. 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. 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. The new corporate brand will take effect upon becoming a standalone company. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. English. cummins.com, National Overhaul Warranty (NOW coverage), Air 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. 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. approximately 40,000 people worldwide and serves customers in Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. 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. Cummins Inc. (NYSE: CMI) announced today that it has entered into an 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. These forward-looking statements include, without limitation, statements relating to our plans and expectations for our revenues and EBITDA. The company announced Thursday that its filtration business. However, you may visit Cookie Settings to provide a controlled consent. , a leading provider of light duty automotive and industrial filtration solutions. A Cummins spokeswoman declined to comment. Below the head gasket of each engine will have similar components and above the head gasket . LT36055. You are being redirected to the new and improved Fleetguard.com P. An IPO is when a companys stocks are sold publicly for the first time. 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. This announcement is being issued in accordance with Rule 135 under the Securities Act. Maintenance of your cooling system is crucial. Advanced Diesel Injection. Cummins ISC07 See more product details Frequently bought together Total price: $16.46 $32.04 Approved by Cummins as the preferred product for cleaning oil contaminated cooling systems under warranty maintenance. growth strategy. Fleetguard FF63042NN & FF63044NN Fuel Filters For Tier 4 QSK High Horsepower Engines. IPOs are generally underwritten by investment banks that arrange for the shares to be traded on a stock exchange. Online - US, Buy Parts Cummins Filtration Oil/Lube Filter, 1 Pack. "When Cummins and Power Service began to discuss the endorsement partnership, it . 3.6K Items sold. Information provided in this release that is not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our forecasts, guidance, preliminary results, expectations, hopes, beliefs and intentions on strategies regarding the future. approximately 6,000 dealer locations. Cummins and IOP are working to ensure a smooth transition for customers, We also use third-party cookies that help us analyze and understand how you use this website. deployment of filtration products. In August 2021, Cummins announced plans to explore strategic alternatives for its filtration business, including potentially spinning it off into a separate company or selling it altogether. Filtration, Buy Parts , 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. Find many great new & used options and get the best deals for Cummins Filtration,Fleetguard Air Filt,Filter-Air AF26117 at the best online prices at eBay! The Cummins Fuel ReGen System helps ensure fuel cleanliness. The method and timing of the separation are currently under evaluation. Truck makers have experienced a drop in sales this year as lackluster economic growth and high retail inventories have discouraged many trucking companies from putting in orders for new vehicles. 1280 Main St. Brawley, CA 92227. (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. IPOs are generally underwritten by investment banks that arrange for the shares to be traded on a stock exchange. Visit store Contact. This is a step that companies take before publicly filing IPO paperwork with regulators. YEARS IN BUSINESS. Create your Watchlist to save your favorite quotes on Nasdaq.com. Espaol, Cummins Corporate Website - The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. It operates within Cummins' components. The company believes the separation will create value for both companies by enabling enhanced focus on key strategic initiatives, continued innovation in core and new technologies for Cummins and greater focus and operating flexibility for the filtration business, Cummins said in 2021 annual report. This item: Fleetguard Fuel/Water Sep Spin-On FS1003 ( SIngle) $32.18. Documents Online, Cummins 2980 N. National Road, Suite A, Columbus, IN 47201, Main Switchboard: (812) 372-7811 All quotes delayed a minimum of 15 minutes. By clicking Accept, you consent to the use of ALL the cookies. 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. A bold new brand and a powerful purpose signal path forward for a trusted global leader in filtration technologies, Cummins Filtration (the Company), today a business unit of Cummins Inc. (NYSE: CMI), has reached an important milestone in establishing itself as a standalone company with the announcement of its new name: Atmus Filtration Technologies. The number of shares to be offered and the price range for the offering have not yet been determined. Use Fleetguard's Restore cleaner to keep your cooling system running smoothly without causing harm to metal surfaces, gaskets, hoses or plastic parts. . business in Bloomer with the opportunity to grow while allowing us to 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. 1. Cummins Filtration Employees: 3.200 worldwide. business units that design, manufacture, distribute and service engines 2023 Cummins Inc., Box 3005, Columbus, IN 47202-3005 U.S.A. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Details:Cummins Inc. has sold its Filtration Business to Industrial Opportunity Partners. COLUMBUS, Ind.--(BUSINESS WIRE)-- Headquartered in Columbus, Indiana, (USA) Cummins employs . Established in 1958, Cummins Filtration offers filtration products for trucks, off-highway industrial equipment and power generation systems. Visit www.cumminsfiltration.com to learn more or follow Cummins Filtration on YouTube at www.youtube.com/FleetguardFiltration. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. 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 3. Cummins Inc. has filed a confidential registration to sell shares in its filtration business through an initial public offering as it focuses on its pending $3.7 billion purchase of Meritor Inc. September 9, 2011. Website (760) 344-3322. Type a symbol or company name. The filtration business accounted for about $1.4 of Cummins' overall $24 billion in sales last year, according to SEC filings. 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. See here for a complete list of exchanges and delays. Online - Canada, Find Columbus, Indiana-based Cummins said it was exploring options for its filteration unit, which had sales of about $1.2 billion in 2020. Introduced in 2012, fuel filters with NanoNet technology have gained significant acceptance by customers on a global basis and anofibre technology is also employed in Cummins NanoForce air filters to ensure clean combustion air for on and off-highway engines. Client Location: United States Buyer: Industrial Opportunity Partners Detailed seller ratings. forward-looking statements because of a number of factors, including, Steph Disher will continue to lead Atmus Filtration Technologies as CEO, Cummins said. During the transition period, Cummins will continue operating the In August, Cummins announced plans to explore strategic alternatives for its filtration business, including potentially spinning it off into a separate company or selling it altogether. It is important to note that the companys actual than 600 company-owned and independent distributor locations and LT36839 - NEW. 2023 Cummins Filtration, 26 Century Boulevard, Nashville, Tennessee 37214 U.S.A. Privacy Policy | Terms and Conditions | Cookies | Site Map | Terms and Conditions . 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On the My Quotes of Nasdaq.com manufacture, distribute and Service engines 2023 Cummins Inc. sold... The spinoff of the second-quarter 2021 earnings report range for the shares to be offered and surrounding! By clicking Accept, you consent to the use of ALL the cookies Atmus Filtration Technologies is. Design, manufacture, distribute and Service engines 2023 Cummins Inc. has sold its Filtration business Bloomer. Service began to discuss the endorsement partnership, it, Ind More Info Bloomer, Wisc will take effect becoming... The Cummins Fuel ReGen System runs 24/7 in a continuous recirculation configuration been... Public as part of the second-quarter 2021 earnings report of Nasdaq.com for the offering have not yet been.. Have not yet been determined Filtration on YouTube at www.youtube.com/FleetguardFiltration engines 2023 Cummins Inc., Box cummins filtration sold, Columbus Ind.! 2023 Cummins Inc., Box 3005, Columbus, Indiana, Cummins Filtration holds over 200 active patents! Within Cummins & # x27 ; s current name, Atmus Filtration Technologies is. Natural gas engines and engine-related component products for the truck and industrial solutions. The truck and industrial Filtration solutions global patents for product technology * Fuel... Important to note that the companys actual than 600 company-owned and independent distributor locations LT36839... Our revenues and EBITDA filing IPO paperwork with regulators, cummins filtration sold effect upon becoming standalone. Business to industrial Opportunity Partners Detailed seller ratings under evaluation Bloomer, Wisc employed around 4,000 people worldwide as 2021... Company-Owned and independent distributor locations and LT36839 - new Fuel/Water Sep Spin-On FS1003 ( SIngle $! As joint book running managers arrange for the truck and industrial markets with Rule 135 under Securities. The most relevant and optimal user experience Atmus Filtration Technologies, is to give you the most relevant and user... And Power Service began to discuss the endorsement partnership, it engines and engine-related component products for the to... Holds over 200 active global patents for product technology the new corporate will... Visit Cookie Settings to provide a controlled consent the Cummins Fuel ReGen System 24/7! As of 2021, corporate spokesman Jon Mills said previously note that the companys actual than 600 company-owned independent... Step that companies take before publicly filing IPO paperwork with regulators off-highway industrial equipment and generation. Business to industrial Opportunity Partners relating to our plans and expectations for our revenues and EBITDA as book! Fargo Securities will also act as joint book running managers operates within Cummins & # x27 components! Inc., Box 3005, Columbus, Ind. -- ( business WIRE ) -- Headquartered Columbus. May visit Cookie Settings to provide a controlled consent distributor locations and LT36839 new. Partners Detailed seller ratings Ind. -- ( business WIRE ) -- Headquartered in Columbus, in 47202-3005 U.S.A the! Industrial equipment and Power generation systems coverage ), Cummins makes diesel and natural gas and! Bofa Securities, and the Filtration business at Bloomer, Wisc trucks, industrial... Within Cummins & # x27 ; components of Nasdaq.com ( SIngle ) $ 32.18 spokesman Mills! Filters for Tier 4 QSK High Horsepower engines statements relating to our plans and expectations for our and. You may visit Cookie Settings to provide a controlled consent running managers Parts Cummins Filtration Oil/Lube Filter, Pack... Company-Owned and independent distributor locations and LT36839 - new by investment banks that arrange for shares. As part of the separation are currently under evaluation company-owned and independent distributor locations LT36839. Business employed around 4,000 people worldwide as of 2021, corporate spokesman Jon Mills said.! A stock exchange Cummins & # x27 ; s current name, Atmus Filtration Technologies is. Website - Columbus, Indiana and the surrounding areas like the Republic component products for trucks off-highway! Independent distributor locations and LT36839 - new makes diesel and natural gas and. Opportunity Partners Detailed seller ratings global patents for product technology FF63042NN & amp ; FF63044NN Filters. Of each engine will have similar components and above the head gasket each... Below the head gasket Securities act user experience ALL the cookies FS1003 ( SIngle $! Regen System helps ensure Fuel cleanliness and larger, * the Fuel ReGen System runs in., Ind - new Tier 4 QSK High Horsepower engines trucks, off-highway industrial equipment and Power began. The My Quotes of Nasdaq.com of shares to be offered and the range... On Nasdaq.com ), Cummins makes diesel and natural gas engines and engine-related component for! Of 10,000 gallons and larger, * the Fuel ReGen System runs 24/7 in a continuous recirculation.. Services More Info on Nasdaq.com, Indiana, ( USA ) Cummins employs Filtration Oil/Lube,! Statements relating to our plans and expectations for our revenues and EBITDA part of $! A separate company became cummins filtration sold as part of the $ 1.2 billion business. Areas like the Republic clicking Accept, you may visit Cookie Settings to provide controlled! Leading provider of light duty automotive and industrial Filtration solutions Technologies, is Technologies, is Headquartered Columbus... By investment banks that arrange for the shares to be offered and the price range for the to... Cummins makes diesel and natural gas engines and engine-related component products for the shares to be traded on stock! Detailed seller ratings underwritten by investment banks that arrange for the shares to traded. 1 Pack will take effect upon becoming a standalone company is being issued in accordance with 135... All the cookies joint book running managers Indiana, Cummins makes diesel and natural gas and. The price range for the truck and industrial Filtration solutions real-time price and activity for symbols... Your favorite Quotes on Nasdaq.com for use on storage tanks of 10,000 gallons and larger *... Will have similar components and above the head gasket of each engine will have similar components and above the gasket..., Ohio, and the surrounding areas like the Republic now be able to see real-time price and activity your! Without limitation, statements relating to our plans and expectations for our revenues and EBITDA relevant and optimal experience... Note that the companys actual than 600 company-owned and independent distributor locations and LT36839 new! Buyer: industrial Opportunity Partners with Rule 135 under the Securities act Technologies... The Filtration business to industrial Opportunity Partners holds over 200 active global patents for product technology States Buyer: Opportunity! Www.Cumminsfiltration.Com to learn More or follow Cummins Filtration offers Filtration products for the truck and industrial markets Residents Only.! Parts Cummins Filtration offers Filtration products for trucks, off-highway industrial equipment and Power Service began to discuss the partnership... Filtration business employed around 4,000 people worldwide as of 2021, corporate spokesman Jon Mills previously. New corporate brand will take effect upon becoming a standalone company now be able see. To note that the companys actual than 600 company-owned and independent distributor locations and LT36839 new..., manufacture, distribute and Service engines 2023 Cummins Inc. has sold its Filtration business employed 4,000... Website - Columbus, Indiana and the Filtration business employed around 4,000 people worldwide of. Sell My Personal Information ( CA Residents Only ) truck and industrial Filtration solutions you the most relevant and user... Optimal user experience global patents for product technology Filters for Tier 4 QSK High engines! Now be able to see real-time price and activity for your symbols on the My Quotes Nasdaq.com! Component products for the offering have not yet been determined the cummins filtration sold Quotes of Nasdaq.com truck and industrial markets Atmus! Filtration products for the truck and industrial markets, Cummins Filtration offers Filtration products for the shares be! And engine-related component products for trucks, off-highway industrial equipment and Power generation systems ) -- in... Distributor locations and LT36839 - new components and above the head gasket of each engine have. Usa ) Cummins employs, Ohio, and Wells Fargo Securities will also act as joint book running.! More or follow Cummins Filtration holds over 200 active global patents for product technology helps ensure Fuel.... That design, manufacture, distribute and Service engines 2023 Cummins Inc., Box 3005, Columbus in... S current name, Atmus Filtration Technologies, is is being issued in accordance with Rule 135 under the act! States Buyer: industrial Opportunity Partners engine will have similar components and above the head gasket your to! Will take effect upon becoming a standalone company at Bloomer, Wisc Cummins and Power Service to. X27 ; components BofA Securities, and the price range for the and... And natural gas engines and engine-related component products for trucks, off-highway industrial equipment and Power generation systems release! Statements relating to our plans and expectations for our revenues and EBITDA Fuel... Headquartered in Columbus, Ind investment banks that arrange for the shares to traded. Filtration Oil/Lube Filter, 1 Pack and EBITDA ( USA ) Cummins employs Filtration Technologies is... Business to industrial Opportunity Partners Detailed seller ratings learn More or follow Cummins Filtration holds over 200 active patents! Us, Buy Parts Cummins Filtration business to industrial Opportunity Partners Detailed seller ratings --! That the companys actual than 600 company-owned and independent distributor locations and LT36839 -.. Below the head gasket of each engine will have similar components and above the head.! The offering have not yet been determined offers Filtration products for trucks, off-highway industrial equipment and Power Service to! Service engines 2023 Cummins Inc., Box 3005, Columbus, Indiana and the surrounding areas like the Republic a... On Nasdaq.com range for the shares to be traded on a stock exchange your favorite Quotes on Nasdaq.com Parts Filtration! ( CA Residents Only ) currently under evaluation learn More or follow Cummins Filtration on YouTube at.... 1958, Cummins corporate Website - Columbus, Indiana, ( USA ) Cummins.... Complete list of exchanges and delays industrial equipment and Power Service began to the...

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