Cummins Inc. is one of America’s top five hundred fortune companies, and is also one of America’s most admired companies by Fortune magazine in 2006.
Cummins is a leading power equipment manufacturer, design, manufacturing and distribution of fuel system, control system, air intake process, filtration system, exhaust gas treatment system and power system, diesel engine and related technologies. The Cummins Inc. was founded in 1919, the headquarter is in Columbus, Indiana, providing services to its customers through its 550 distributors and more than 5 thousand distributors in all over the world. Now Cummins development has 34600 employees worldwide, annual revenues in 2012 is 173 billion US dollars, the pre-tax profit is $23.5 billion US dollars, accounting for 13.6% of the sales.
Cummins was named after the founder Clancy. In 1919, funded by the local banker and investor William Granton, Clancy founded the Cummins engine company. Clancy is one of the first American entrepreneurs to foresee the huge commercial potential of diesel engines.