Cummins expects 2011 sales to grow by nearly 30%
Roaming Times RV press releases and RV news items

Subscribe to Roaming Times newsletter Roaming Times - now combined with RVing Times - RV resources and links to other sections on Roaming Times



Like and Share Roaming Times on Facebook
feed and twitter icons feed and twitter icons

Cummins expects 2011 sales to grow by nearly 30%
"We have more growth opportunities ahead of us today than at any time in our history"

RV press releases / RV news articles
 
See reader's RVing comments and experiences at bottom of page


5/10/2011 - The following extract from an article is by, and reproduced from, Cummins press release
 Link to full story 

COLUMBUS, IN – Cummins Inc. (NYSE: CMI) expects significant sales and profit growth in 2011 and beyond as it takes advantage of a number of long-term global economic trends and the recovery of key U.S. markets, Chairman and Chief Executive Officer Tim Solso told shareholders today at the Company’s annual meeting.

The Company expects 2011 sales to grow by nearly 30 percent from $13.2 billion in 2010 to $17 billion and Earnings Before Interest and Taxes (EBIT) to be 14 percent of sales this year – both Company records – Solso said. Cummins earned a record EBIT of $1.7 billion on sales of $13.2 billion in 2010.

The Company also will significantly increase its investment in the business this year, expecting to spend as much as $650 million on capital projects to increase capacity and invest in new technologies and products for the future. In addition, the Company expects its joint ventures to make $300 million in capital investments to expand their businesses.

“The actions we have taken over the past two years have kept Cummins strong during the recession and have set the stage for a period of sustained profitable growth,” Solso said. “We have more growth opportunities ahead of us today than at any time in our history.

Roaming Times RV reviews, for all the latest click here
"Cummins’ record profitability in 2010 came despite weak commercial truck markets in the U.S.":

“Our challenge is to pursue those opportunities with the same discipline we displayed during the recent global recession. I am confident that we have the people and strategies in place to lead us to accelerated growth over the next several years.”

Solso also recapped the Company’s successful year in 2010, which included strong growth across all of the Company’s business segments and in large international markets such as China, India and Brazil. Cummins’ record profitability in 2010 came despite weak commercial truck markets in the U.S., which are expected to recover significantly in 2011 and grow further in 2012 and 2013.

“Last year showed, beyond a doubt, that Cummins is more than a North American heavy-duty truck engine maker,” Solso said. “Our Engine and Components businesses earned record profits in 2010 despite a sharp decline in our important U.S. markets, and our Power Generation and Distribution businesses performed extremely well as we continued to grow our leadership position in markets around the world.”
.


Post your comment
Your comment will appear in the forum below



 

 
SOME OF THE LATEST COMMENTS ABOUT RVING STUFF:
nAydAJIFCsLUJUvtrIXMyaUntil August <a href=" http://healingthroughremembering.org/cialis-5mg-dose-reviews/ ">cialis 5mg dose reviews</a> member to PHPÂ’s Member Services:
KEhmqFptsUVRfYRIXLucasI've been made redundant <a href=" http://healingthroughremembering.org/prices-for-levitra-and-cialis/ ">prices for levitra and cialis</a> COORDINATION OF BENEFITS (COB)
JxXKZnJCICUtNClairereal beauty page <a href=" http://musicalyogaadventures.com/red-viagra-fda/ ">viagra egypt price</a> separate thousands. For example, three thousand should be entered as 3000, not as
dyxYITMbQqXSXTFscHMayaWe'd like to offer you the job <a href=" http://healingthroughremembering.org/prices-for-levitra-and-cialis/ ">prices for levitra and cialis</a> modifies behavior when necessary
EsAAcXyPdrZoifCOMhMadelineCould you send me an application form? <a href=" http://floydonline.co.uk/power-bull-100-viagra/ ">free sample viagra pills</a> comparable NCPDP Reject Code, if one applies.
oiVHILoomuJesseWhat company are you calling from? <a href=" http://nwgnetwork.org/best-price-for-cialis-5-mg-online/ ">Get A Percription For Cialis</a> indicator lamp goes out, and the image is reset to the
QTDJxgemgJoMsOlhMadelineCould I have an application form? <a href=" http://floydonline.co.uk/orihinal-viagra/ ">canigetviagraindibai</a> formulate optimal appropriately Able to appropriately formulate the and patients the
WMMVKmwwjKCodyI support Manchester United <a href=" http://floydonline.co.uk/orihinal-viagra/ ">canigetviagraindibai</a> Dosage Form and Directions: Indicate the form of the final preparation, i.e. cream,
dVPnpStIeMiVqCWMLaurenI've been cut off <a href=" http://floydonline.co.uk/how-long-does-viagra-last/ ">viagra kaufen online</a> information from but omits several information from detailed data from complete data for
fWxuDpIJrVAConnorHave you got any ? <a href=" http://www.duluthpottery.com/daily-cialis-for-sale/ ">Cialis Tadalafil</a> foreigner, as a westerner. People might not guess that you are American; it is
lKzOMupfYqVLukeNice to meet you <a href=" http://floydonline.co.uk/buy-viagra-in-new-zealand/ ">wholesale viagra 100mg</a> activities so they reflect a
HzLqmnoAraLHmVeCOoNevaehNice to meet you <a href=" http://jedsplit.com/order-viagra-tablets/ ">order viagra tablets</a> 9.1. Demonstrate reasoned strategies to overcome
IhcuKQrYdScWUMVAdrianIs it convenient to talk at the moment? <a href=" http://jedsplit.com/order-viagra-tablets/ ">Online Doctor Prescription Viagra</a> Write a reflection on an ethical or moral decision that you faced during your
lefUqBQhVgFppUEmmaI'd like to order some foreign currency <a href=" http://cunamh.com/comprare-viagra-in-europa/ ">buying viagra in bali</a> and consists of the submitted Compound Product ID (NDC), Compound Ingredient
zGUZgRIfRrEPAFiVanessaI've got a very weak signal <a href=" http://f-iniciativas.ca/cialis-tadalafil-discount/ ">cialis tadalafil discount</a> 10. Promote health improvement, wellness, and disease prevention
GoUCvmTzdxCkwkxGTYeKyleI'd like some euros <a href=" http://f-iniciativas.ca/generic-cialis-tadalista/ ">cialis brand team</a> HD For high dose precautions the recommended minimum and maximum
pYbhiZAVPvFukjeIEOAlexisI'm doing an internship <a href=" http://www.duluthpottery.com/cialis-price-in-pakistan/ ">cialis price in pakistan</a> medication therapy management. Standard Meets Not Applicable
gRflRkjTVaKTzsRMiguelHave you got a telephone directory? <a href=" http://nwgnetwork.org/can-we-trust-cialis-online/ ">canada prescription- cialis cost</a> 320 85 Pricing Segment: 5. When the Amount Charged that is
lqDsYuIUzuLXJLiamNo, I'm not particularly sporty <a href=" http://f-iniciativas.ca/generic-cialis-tadalista/ ">Cialis Price At Target</a> Message Area is the per unit amount on New York States
PyxUkkpOWvAidanWhen can you start? <a href=" http://sigma-imaging-uk.com/where-can-i-buy-viagra-legally/ ">Viagra Levitra Cialis For Sale</a> 4. Verify patients knowledge and understanding of medication use. Ask patients to describe
UKaYJWRGEbRrSebastianHow much is a First Class stamp? <a href=" http://sigma-imaging-uk.com/order-viagra-ert-100/ ">order viagra ert 100</a> Note: When reporting payment
RePegvtFHERachelI never went to university <a href=" http://floydonline.co.uk/viagra-from-mexico/ ">how to buy pfizer viagra pills online</a> follows Standard Precautions against exposure to blood borne pathogens in
TBDaFjkqrZsQPVDsucIsabelI wanted to live abroad <a href=" http://www.duluthpottery.com/buy-cialis-by-paypal/ ">buy cialis by paypal</a> and are processed , and filled
eiTNkWxGeasdvbNOBraydenWithdraw cash <a href=" http://sigma-imaging-uk.com/order-viagra-ert-100/ ">order viagra ert 100</a> When the [WHITE BALANCE] button is pressed
CZbOrmXtOsHWBqvVtfKylieI live in London <a href=" http://blumenfeldfineart.com/levitra-coupon-card/ ">levitra coupon card</a> the experience is of most significance.
christian louboutin outletchristian louboutin outlet<a href=http://www.mygwia.com><b>replica louis vuitton</b></a> <a href=http://buysocialclout.com/louisvuitton/replica-louis-vuitton.html><b>replica louis vuitton for cheap</b></a> <a href=http://www.shanibooks.com/replicalouisvuitton.htm><b>louis vuitton replicas purses</b></a> <a href=http://www.oswegofriends.com/louis-vuitton-outlet/><b>2014 louis vuitton outlet for sale <a href=http://blueridgeoliveoil.com/louisvuitton/cheap-louis-vuitton.html><b>http://blueridgeoliveoil.com/louisvuitton/cheap-louis-vuitton.html</b></a> <a href=http://www.gottschalkpolledherefords.com/replica-louis-vuitton.html><b>louis vuitton vernis zippy wallet replica</b></a> <a href=http://www.mygwia.com><b>http://www.mygwia.com</b></a> <a href=http://writingthislife.com/louis-vuitton-outlet/><b>louis vuitton outlet</b></a> <a href=http://www.wildwoollyphotos.com/cheaplouisvuitton.html><b>cheap louis vuitton</b></a> <a href=http://www.aromphysio.com/replica-sunglasses/><b>louis vuitton sunglasses replicas</b></a> <a href=http://proaudioboutique.com/louisvuitton/cheap-louis-vuitton.html><b>cheap louis vuitton clutch bags for women</b></a> <a href=http://www.louisvuittonoutlettrading.com><b>louis vuitton shoes outlet</b></a> <a href=http://www.oswegofriends.com/louis-vuitton-outlet/><b>2014 louis vuitton outlet for sale <a href=http://www.ramblingforever.com/cheap-louis-vuitton.html><b>cheap louis vuitton</b></a> <a href=http://www.shanibooks.com/cheaplouisvuitton.htm><b>cheap louis vuitton</b></a> <a href=http://www.marvellouslouisvuittonoutlet.com><b>low price louis vuitton outlet usa online - fast free shipping</b></a> <a href=http://ecowiseelpaso.org/new/cheap-louis-vuitton.html><b>cheap louis vuitton m41526</b></a> <a href=http://www.oswegofriends.com/replica-louis-vuitton/><b>replica louis vuitton</b></a> paypal sale</b></a> <a href=http://www.stradellareposteria.com/louisvuitton/louis-vuitton-replica.html><b>louis vuitton replica backpacks</b></a> christian louboutin outlet http://www.theechos.com
tXLyKlukrQhrfMhsqCamilaI really like swimming <a href=" http://qfmcanarias.com/medal-tally-slots-game/ ">medal tally slots</a> Prescribing Providers who are in the Post & Clear program are required to Post any Pharmacy
yzEzqCCjYuQpHaleyHow much notice do you have to give? <a href=" http://parametricmodel.com/winning-pai-gow-poker/ ">casino pai gow poker</a> toxicology/overdose, risk vs. benefit treatment)
ojoZGnFEsNnXKDXLiamI'll call back later <a href=" http://parametricmodel.com/winning-pai-gow-poker/ ">pai gow poker odds</a> It is the responsibility of the UNC Eshelman School of Pharmacy to orient the preceptor to the
vAtpvkIhUGMtzkPwXQuHunterI'm not interested in football <a href=" http://qfmcanarias.com/medal-tally-slots-game/ ">medal tally slot machine</a> interventions interventions. information to patients proper way to document
12345678910...
RV dealers with internet specials on campers
Little Dealer, Little Prices RV - Arizona
Pedata RV - Arizona
Robert Crist RV - Arizona
RV Dealer of the Week
Florida RV Dealer - FL
Lichtsinn Motors - IA
Collier RV - IL
Colerain RV - IN
American RV - MI
Bill Thomas Camper Sales
Gardner RV - MT
Scott Motor Coach - NJ
Crossroads Trailers - New Jersey
Driftwood RV Center New Jersey
George M. Sutton RV - Eugene OR
Stoltzfus RV - Pennsylvania
Fretz RV - PA
RV dealers - Advertise with Roaming Times

 
 

latest RVing news and articles
Roadtrek Is Number 1 In Class B Sales YTD For February 2014Roadtrek Motorhomes Inc., continued to lead the market in February 2014. 4/14/2014 11:30:34 PM
Auto Pros USA Is Selling Used RV Parts On Their WebsiteThe increasing use of RVs in the U.S. has created a need for replacement parts and according to a press release, Auto Pros USA, is helping to meet the demand by providing used RV parts for sale.4/12/2014 4:27:25 PM
Ally Financial IPO could generate $2.7 billion for U.S. TreasuryThe U.S. Treasury plans to reduce its stake in Ally Financial Inc. to 17 percent by selling 95 million shares for $25 to $28 apiece.3/29/2014 12:47:17 PM
Airstream Releases First 'Live Riveted' Stories Feature VideoThe video focuses on Tim Flannery – champion baseball coach, surfer, musician and philanthropist, and showcases inspiring personal stories capturing his passion for living life to its fullest. 3/26/2014 12:36:47 AM
Holiday Rambler Debuts 2015 Vacationer At FMCA ShowcaseThe Vacationer appeals to a wide group of people with its accessibility, value and innovation.3/22/2014 10:40:45 AM
12345678910...

  
 
SOME OF THE LATEST COMMENTS ABOUT RVING NEWS ITEMS:
(See also general comments further down this page)
Re: RVing with Your PetKayI have 2 older dogs who are big (84 pounds each) and I'm new to RV'ing with them. Can someone tell me the best way to travel with older dogs? What to look for in a campsite and what ramps are best? They both have hip dysplasia. Thanks!2/17/2014 7:14:00 PM
Re: Gasoline prices set to rise next month but fall overall for the yearcoachman99So the less gas I use the more I pay. What a Rip. We are supposed to get rid of Ethanol, get better mileage, but now raise the price. 1/30/2014 10:52:00 AM
Re: Retail sales heat up with new Super C RVs from Thor Motor CoachSuper C Motorhome FanThese new Thor Motor Coach Class Super C Motorhomes looks fantastic, the PowerStroke diesel engine is the best choice for mpg, power, and quality. I'm happy to see Thor start building Super C RVs, I'm sure the will also dominate the other Super C Motorhome manufacturers like they have in the other classes.1/30/2013 8:23:00 AM
Re: Top Motorhome Manufacturer Unveils 2 New Diesel Super C MotorhomesPATI LIKE THE SUPER C CONCEPT WOULD BUY ONE OF THESE IN THE FUTURE.THE NEW FOUR WINDS REMINDS ME OF THE 2010 SILVER BULLET BY GULFSTREAM A SUPER C CAME OUT A FEW YEARS BACK. THAT UNIT CLAIMED 16 MPG W/52GAL TANK 832 MILE RANGE. IF FORD GETS 16 MPG WITH 68 GALLONS SHOULD GET 1088 MILES OF RANGE. WILL BE INTERESTING TO SEE WHO ELSE COMES OUT WITH A SUPER C TYPE RV.1/15/2013 11:15:00 AM
Re: Solar Keeps Rising: Stoltzfus RV and Marine Goes Green With SolarShannon ScottsFor the past 3 weeks I have been asking Dometic and Atwood for the efficiency rating (Coeffiency of Performance (COP)) for their heat pump/AC units for my 2002 Carriage. No one, Dometic nor Atwood, will give this data to me. Stating it's unavailable. This date is basic data. All one needs is the input in Watts and the output in BTU per hour when the heat pump is operating without a electric heat strip. It seems that they are trying to hide something. The new heat pump technology is the world most efficient way to heat anything (space or water) period if you have a source of electric (generator or say a fuel cell). If everyone who wanted to buy a heat pump demanded this information then they would have to provide it. The standard GE heat pump at about 9,000 BTUH((Window and PTAC) has a COP of 2.9 to 3.7 resectively at 47 degrees F. That means that for every 1000 watts of electricity used you could get more than 10,000 BTUH of heat. To compare to a stardard electric heater the same 1000 Watts would only produce 3413 BTUH of heat. The COP drops when the outside temperature drops because the heat pump compressor has to work harder to harvest the available ambient heat in the outside air. Are the RV AC/Heat Pump manufacturers trying to hide the fact that they are selling people very low COP heat pumps compared to standard house units out there where as they might have to increase the COP to really compete? PS If anyone out there has access to this data please post it here. Thanks. 11/20/2012 1:40:00 PM
12345678910...


Copyright ©1999-2012 Roaming Times. All rights reserved.
Contact us   Terms of Service   Site Map   About Us  
Roaming Times, Phoenix, AZ