2009-11-11 00:57:04 -
Cummins Power Generation Inc., a division of Cummins Inc. (NYSE: CMI), is announcing price increases for its commercial generator sets between 6 kW and 2500 kW. Prices of generator sets will rise between 1.5 and 2 percent and are effective Jan. 1, 2010.
This increase is due primarily to current industry dynamics, increasing commodity prices and projected market conditions. Cummins Power Generation’s commercial generator sets are used for continuous, prime and standby power in a variety of commercial and industrial applications.
The average prices of automatic transfer switches and paralleling systems will remain flat in 2010, driven by industry dynamics and projected market conditions. Like the company’s generator sets, Cummins Power Generation’s transfer switches and paralleling systems are used for continuous, standby
and prime power in a wide range of commercial and industrial applications.
The company also announced that it will keep prices of consumer generator sets flat in 2010, due to consumer industry dynamics and market conditions. Cummins Onan generator sets are employed in RV, marine, residential, and a wide variety of mobile commercial and portable applications.
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. Headquartered in Columbus, Ind. (USA), Cummins serves customers in approximately 190 countries and territories through a network of more than 500 company-owned and independent distributor locations and approximately 5,200 dealer locations. Cummins reported net income of $755 million on sales of $14.3 billion in 2008. Press releases can be found on the Web at cummins.com :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. or everytime.cummins.com :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .
For more information, contact Scott Murphy, Cummins Power Generation, 1400 73rd Ave. NE, MC OB605, Minneapolis, Minn. 55432 USA. Phone.
763-574-5670, Fax: 763-574-5811, E-mail:
scott.murphy@cummins.com : mailto:scott.murphy@cummins.com .
Forward-looking disclosure statement
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 the company’s expectations, hopes, beliefs and intentions on strategies regarding the future. It is important to note that the company’s 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, general economic, business and financing conditions, labor relations, governmental action, competitor pricing activity, expense volatility and other risks detailed from time to time in Cummins Securities and Exchange Commission filings.
EDITOR’S NOTE: Recent news releases and high-resolution photos are available at cumminspr.robertscomm.com :
cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fww .. .
Cummins Power GenerationScott Murphy, 763-574-5670Director
of Global Marketing
scott.murphy@cummins.com : mailto:scott.murphy@cummins.com orRoberts
Communications Inc.Richard Kiley, 585-246-0260
rkiley@robertscomm.com : mailto:rkiley@robertscomm.com
