MINNEAPOLIS--(Business Wire)--
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 or everytime.cummins.com. 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.
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.
Cummins Power Generation
Scott Murphy, 763-574-5670
Director of Global Marketing
scott.murphy@cummins.com
or
Roberts Communications Inc.
Richard Kiley, 585-246-0260
rkiley@robertscomm.com
Copyright Business Wire 2009
