Cummins filtration business employed around 4,000 people worldwide as of 2021, corporate spokesman Jon Mills said previously. These symbols will be available throughout the site during your session. See here for a complete list of exchanges and delays. The business was founded in 1958 as the Seymour Filter Co., and designs, manufactures and sells air, fuel, hydraulic and lube filtration, as well as chemical technology products for diesel and gas-powered equipment around the world, according to its website. Tuesdays regulatory filing with the SEC shows that Atmus had $1.56 billion in net sales in 2022, with 51% of sales coming from U.S. and Canadian markets. She truly is a champion of our mission, vision and values, and her leadership, strategic mindset and caring nature have been incredibly important for all Filtration employees and the future opportunities for the business.., 2023 Cummins Filtration, 26 Century Boulevard, Nashville, Tennessee 37214 U.S.A, https://www.cummins.com/news/releases/2023/02/21/cummins-announces-filing-ipo-registration-statement-filtration-business. other facilities produce light duty filtration products for smaller 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. 2023 Cummins Inc., Box 3005, Columbus, IN 47202-3005 U.S.A. business units that design, manufacture, distribute and service engines 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. The spinoff of the $1.2 billion filtration business into a separate company became public as part of the second-quarter 2021 earnings report. LT36839 - NEW. coverage), Cummins Corporate Website - Espaol, Cummins Corporate Website - Selling this part of our light duty filtration operations to a strong 2011 - 2023 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. English. You are being redirected to the new and improved Fleetguard.com 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. Litigation Reform Act of 1995, including statements regarding the The sale will allow Cummins Filtration to place greater emphasis and 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. Cummins Filtration is a global power leader that designs, manufactures and sells air, fuel, hydraulic and lube filtration, as well as chemical technology products for diesel and gas-powered equipment around the world. Online - Canada, Find This is a very exciting opportunity for Light Duty Filtration business Engines-Diesel-Fuel Injection Parts & Service Diesel Engines Automobile Parts & Supplies. 49. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (the" Securities Act"). YEARS IN BUSINESS. Written by 2023 Cummins Inc., Box 3005, Columbus, IN 47202-3005 U.S.A. On average, they predict the company's stock price to reach $254.75 in the next twelve months. concentrate on markets that are core to Cummins long-range growth Client Location: United States Buyer: Industrial Opportunity Partners Copy and paste multiple symbols separated by spaces. 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. Findlay, Ohio. approximately 190 countries and territories through a network of more LT36055. Free shipping for many products! Fleetguard FF63042NN & FF63044NN Fuel Filters For Tier 4 QSK High Horsepower Engines. but not limited to, general economic, business and financing conditions, However, filtration businesses are still seen as financially resilient. Online - US, Buy Parts Details:Cummins Inc. has sold its Filtration Business to Industrial Opportunity Partners. These forward-looking statements include, without limitation, statements relating to our plans and expectations for our revenues and EBITDA. The new corporate brand will take effect upon becoming a standalone company. These cookies do not store any personal information. Our actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including, but not limited to: any adverse results of our internal review into our emissions certification process and compliance with emission standards; increased scrutiny from regulatory agencies, as well as unpredictability in the adoption, implementation and enforcement of emission standards around the world; changes in international, national and regional trade laws, regulations and policies; any adverse effects of the U.S. government's COVID-19 vaccine mandates; changes in taxation; global legal and ethical compliance costs and risks; increasingly stringent environmental laws and regulations; future bans or limitations on the use of diesel-powered products; raw material, transportation and labor price fluctuations and supply shortages; aligning our capacity and production with our demand; the actions of, and income from, joint ventures and other investees that we do not directly control; large truck manufacturers' and original equipment manufacturers' customers discontinuing outsourcing their engine supply needs or experiencing financial distress, bankruptcy or change in control; product recalls; variability in material and commodity costs; the development of new technologies that reduce demand for our current products and services; lower than expected acceptance of new or existing products or services; product liability claims; our sales mix of products; failure to complete, adverse results from or failure to realize the expected benefits of the separation of our filtration business; our plan to reposition our portfolio of product offerings through exploration of strategic acquisitions and divestitures and related uncertainties of entering such transactions; challenging markets for talent and ability to attract, develop and retain key personnel; climate change and global warming; exposure to potential security breaches or other disruptions to our information technology environment and data security; political, economic and other risks from operations in numerous countries including political, economic and social uncertainty and the evolving globalization of our business; competitor activity; increasing competition, including increased global competition among our customers in emerging markets; labor relations or work stoppages; foreign currency exchange rate changes; the performance of our pension plan assets and volatility of discount rates; the price and availability of energy; continued availability of financing, financial instruments and financial resources in the amounts, at the times and on the terms required to support our future business; and other risks detailed from time to time in our SEC filings, including particularly in the Risk Factors section of our 2021 Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. operations in Sao Paulo, Brazil and Shanghai, China. Cummins. The number of shares to be offered and the price range for the IPO 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. During the transition period, Cummins will continue operating the engines used in gasoline applications, including in-tank fuel filters. 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. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. 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. Cummins Filtration Oil/Lube Filter, 1 Pack. companys expectations, hopes, beliefs and intentions on strategies We maintain strong global customer relationships, supported by an established salesforce with work locations in 25 countries as of Dec. 31, 2022, Atmus said in the SEC filing. . Established in 1958, Cummins Filtration offers filtration products for trucks, off-highway industrial equipment and power generation systems. 2. FUEL FILTRATION This is a step that companies take before publicly filing IPO paperwork with regulators. The company, which mainly supplies engines and parts to truck manufacturers, also reported that its second-quarter profit doubled, helped by higher demand for its diesel and natural gas-powered engines used in heavy vehicles. These cookies will be stored in your browser only with your consent. The Components Segment consists of five businesses: Cummins Filtration, Cummins Turbo Technologies, Cummins Emission Solutions, Cummins Electronics and Fuel Systems and Eaton Cummins Automated Transmission Technologies. Cummins Filtration is a global power leader that designs, manufactures and sells air, fuel, hydraulic and lube filtration, as well as chemical technology products for diesel and gas-powered equipmentaround the world. 3.6K Items sold. Do Not Sell My Personal Information (CA Residents Only). COLUMBUS, Ind. Cummins announced that Steph Disher has been named Vice President - Cummins Filtration, effective November 15 Disher began leading the Filtration business in August 2020, navigating the business during the global pandemic and related ongoing supply chain constraints. deployment of filtration products. Currently, the timing for the filtration business IPO is unclear, but the company said in the regulatory filing that it is expected to commence after the completion of the SEC review process, subject to market and other conditions.. Cummins' filtration business employed around 4,000 people worldwide as of 2021, corporate spokesman Jon Mills said previously. 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. Or if you prefer email, click on the button below and we'll get back to you asap. You also have the option to opt-out of these cookies. 2023 Cummins Filtration, 26 Century Boulevard, Nashville, Tennessee 37214 U.S.A. COLUMBUS, Ind.--(BUSINESS WIRE)-- Here are five things to know about this exciting new technology approach from Cummins. Cummins Inc. has entered into an agreement to sell its light duty filtration operations to Industrial Opportunity Partners LLC, (IOP) a private equity . Documents Online, Cummins That was an increase from $1.2 billion in 2020. the business, said Hasnain Merchant, a current Cummins executive and 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. 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. 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. 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. handling, filtration, emission solutions and electrical power generation COLUMBUS, Ind. Type a symbol or company name. ; and Kuss 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 Type a symbol or company name. It is important to note that the companys actual 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 Average for the last 12 months. Also, as of Dec. 31, 2022, we operate through 12 distribution centers, nine manufacturing facilities and five technical facilities plus 10 manufacturing facilities and two technical facilities operated by our joint ventures, giving us presence on six continents.. Inc. Investor Website, Search All approximately 40,000 people worldwide and serves customers in 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. It is well suited as the name of a global leader with a powerful purpose: Creating a better future by protecting what is important., Cummins announced that Steph Disher has been named Vice President - Cummins Filtration, effective November 15. Cummins Filtration is able to meet environmental demands of crankcase ventilation management through the use of multiple patented technologies. The company announced Thursday that its filtration business. Cummins Filtration employs around 4,000 people worldwide, corporate spokesman Jon Mills said last year. Cummins Locations & Hours in El Centro, CA Address; Phone; City; State; Cummins - El Centro - CA (800) 679-2175; El Centro CA MCL News & Media, Roswell launches plant-based meltblown fabric, Babycare ties up with Eastman and Avery Dennison, Autefa promises 'next level' innovation and service at INDEX, Freudenberg to demonstrate composite capabilities at JEC, Six printed magazine issues delivered to your door, Unlimited access to our daily news website, including premium content, Exclusive discounts on MCL News & Media products, Consumer and industrial nonwoven products, Advances in manufacturing and nonwoven technology. The information you are looking for is on The business, headquartered in Nashville, Tennessee, was founded in 1958 as the Seymour Filter Co., and currently designs, manufactures and sells air, fuel, hydraulic and lube filtration, as well as chemical technology products for diesel and gas-powered equipment around the world, according to its website. LT36839.pdf. 2023 Cummins Filtration, 26 Century Boulevard, Nashville, Tennessee 37214 U.S.A. Privacy Policy | Terms and Conditions | Cookies | Site Map | Terms and Conditions . 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. Designed for use on storage tanks of 10,000 gallons and larger,*the Fuel ReGen System runs 24/7 in a continuous recirculation configuration. Inc. Investor Website, Search All forward-looking statements because of a number of factors, including, COLUMBUS, Ind. approximately 6,000 dealer locations. English. Filtration, Buy Parts Baird, BofA Securities, and Wells Fargo Securities will also act as joint book running managers. systems. Opportunities, National Overhaul Warranty (NOW Reuters->. agreement to sell its light duty filtration operations to Industrial COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today announced that its Filtration business has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (the "IPO") of newly issued common stock of the business in the United States. 5.0. Information provided in this release that is not purely historical are 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. located. Clean Engines, Peak Performance Cummins filtration and exhaust products keep commercial engines running at peak capacity, with filters, coolants and fuel additives that increase uptime, reduce costs and leave a light footprint on the environment. Cummins filtration employs around 4,000 people worldwide, corporate spokesman Jon Mills said year... Be offered and the price range for the IPO have not yet been determined Engines used in gasoline applications including!, emission solutions and electrical power generation COLUMBUS, Ind ( NOW Reuters- > filtration offers products... 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