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:
buitdgov-ortdlsngDu coup, Tom Haberstroh d’ESPN s’est amusé à regarder qui Wade avait le plus victimisé durant sa carrière et il y a égalité entre Joe Johnson et… Dwight Howard.Certains courent après le graal, le titre de champion NBA.[url=http://www.azimmobilierperigord.com/Site-Nike-Roshe-Run-Grise-Femme-10362.html]Nike Roshe Run Grise Femme[/url] [url=http://www.azimmobilierperigord.com/Site-Roshe-Run-Id-9968.html]Roshe Run Id[/url] BasketSession : Il y a des coéquipiers qui te conseillent.ints11 novembre 2012, 13:52 par Syra Sylla .LADYHOOOPCette nuit face aux Spurs, le Français de Portand a établi un nouveau record avec 33 pts à 11/18Tags :Nicolas Batum. [url=http://www.azimmobilierperigord.com/VIP-Basquette-Tn-10831.html]Basquette Tn[/url] [url=http://www.azimmobilierperigord.com/VIP-Nike-Air-Max-Classic-Bw-Pas-Cher-11030.html]Nike Air Max Classic Bw Pas Cher[/url] Avec Kemba Walker, ??MKG?? et Jefferson, la franchise dispose d¡¯une base solide.Le joueur de 27 ans compilait 8,5 points et 4,8 rebonds de moyenne avec les Charlotte – encore. to:uuytbgscyybccks
gljtzkvq-suyzuzrrParmi les possibles remplaçants de Petrie, on retrouverait RC Bufford, le président des San Antonio .Atlanta avait pris deux fessées cul nul par le “Bearded One” la saison dernière, lequel leur avait collé 36 pts de moyenne sur les deux matches.Mais peu importe qu’il évolue ou non à son poste de prédilection, l’ancien King a hâte de porter ses nouvelles couleurs.[url=http://www.azimmobilierperigord.com/Site-Nike-Roshe-Run-Pas-Cher-Femme-9955.html]Nike Roshe Run Pas Cher Femme[/url] [url=http://www.azimmobilierperigord.com/Site-Roshe-Run-Junior-10008.html]Roshe Run Junior[/url] ActuBasketNews & RésultatsLes Lakers vont adopter la «Princeton Offense»1 août 2012,.Selon Wojnarowski, l’ancien numéro 1 de la draft s’est engagé pour 2 ans et 6 millions de dollars.En attendant, l’ancien Celtic va commenter les matchs de Boston pour Comcast Sport New-England.Quoi de mieux que le NBA Top 5 pour bien débuter la journée et se mettre tout de suite dans le bain avant de se plonger dans le reste de l’actualité NBA du jour. [url=http://www.azimmobilierperigord.com/VIP-Site-De-Tn-Pas-Cher-10778.html]Site De Tn Pas Cher[/url] [url=http://www.azimmobilierperigord.com/VIP-Wmns-Nike-Revolution-2-11243.html]Wmns Nike Revolution 2[/url] mel .AntoinePimmelAvec cinq choix de draft situ¨¦s entre la premi¨¨re et la quatri¨¨me place en quatre ans, les Cleveland Cavaliers auraient pu s’offrir un cinq majeur de folie… et si on refaisait l’histoire.?Annonc¨¦ absent pour le shootaround de ce vendredi, Goran Dragic croise les doigts en esp¨¦rant que s. to:uuytbgscyybccks
Re:PetsTeresaHappy Thanksgiving everyone and Happy Trails! Hope everyone has a safe and warm holiday :)
Re: FulltimingTeresaHappy Thanksgiving everyone and Happy Trails! Hope everyone has a safe and warm holiday :)
Re: Fulltimingready to go deeI am looking for someone who needs a travel companion. I am a 53 yobf. I can drive some and am ready to go. My contact is dee42mark38@ yahoo.com .hope to hear from you soon.
akrmn tuykm for 37% ysmsnh3gjgaqwbo 
Re: Airstream Bambi small travel trailerSidefishlooking for a 16 Bambi
Cartier Watches replicaCartier Watches replicaIt is consequently vital to comprehend that makes like Gucci do not wholesale as well as any particular person proclaiming being a wholesaler and supplying to make available you Gucci products desires to get seen with suspicion. Women include the synonyms protect refinement again thought. This was no surprise in my experience, as Alan Menken composed the music. Distributed by Sea & Sun, Ed Hardy swimwear features an eclectic combination of edgy designs, pop colors, exclusively-designed embellishments and curve-hugging fabrics for girls and men as well as cover ups, beach towels and boogie boards.One can walk around having a Breitling replica and never even experienced watch experts can single it out as an imitation.
Re: Travel companionsfunloveI'm 61, bi, 6-1 slim, good shape 420 friendly (med card), got a van, lookin for scorpio, have our own income, cook, drive, I smoke roll yer own cigs. I know the west REAL well, boondocking, hanging, relaxed personality, NO DRAMA, be cool, no std's, age unimportant, just laid back, easy. Indefinate travels, definate bonding/friendship, lots of sunsets, quiet times. urantia001@gmail.com
nikennnnnnWesleyDup
pmutn dmywq for 22% kmddba0gjzirvji 
rvduipmv-lbzjjykoLe marché était presque trop calme depuis quelques jours.24, 2013Si Patrick Ewing attend depuis tout ce temps pour occuper un poste en NBA, Antoine Walker a du temps devant lui avant de s’asseoir sur un banc en costard…Tags :Antoine Walker, Boston Celtics. News & RésultatsLe Blake Griffin nouveau est arrivé17 novembre 2012, 13:48 par Shaï Mamou .ShaiMamouBlake Griffin est bien décidé à ne pas rester un simple dunkeur de talent.Le scandale éclate, mais James Ramsey, le doyen de l’Université de Louisville, garde Pitino en poste, acquitté dans l’affaire de mÅ“urs. l .AntoinePimmelDe l’envie, de l’engagement, des probl¨¨mes aux rebonds et des petites erreurs.cette image peu flatteuse d¡¯¨¦quipe spectaculaire trop ??soft?? pour aller loin en playoffs. to:uuytbgscyybccks
Re: FulltimingDougclassAingHi, 32 yo male, traveling international has been my passion as well as business,. Going to school in NYC which takes me to the city 2 times per month (by flight) but plan on motor homing around South, south west most of the time (I'm open for suggestion). Looking for female companion or someone to share expenses for longer term. I'm 61 in shape, attractive and love to read, drive work and work out, while having a good social life. Please be female, attractiveness not a must companionship is totally cool with me :) dlambert1982@icloud.com
Re: FulltimingJimmyHi I am a 68yr old guy looking for a woman to share my rv travels with. I am a liberal and you must at least be a moderate. I like almost all outdoor activities as well as cultural events such as Plays museums ballet etc. I am planning a long trip up in Canada this spring from the East coast to the West. In the meantime will be somewhere in the warm weather. If any of this sounds like something you might like pls contact me at jmcintire@hargray.com with pic and I will respond with pic and answer any questions you might have. In the meantime have a wonderful day. Jimmy
Re: RV maintenanceTedTADA. Our first camper. We live in Florida. bought a 2008 Tada (Dutchman) ultralight. storing in a garage. Should I keep it plugged into the wall power? This camper has a 12 volt battery, and an inverter. Thanks, Ted
kvics zndsn for 67% cjmakx7gjidzetc 
moncler inc frWesleyDup
Re: Casita small trailerGerryI want to buy a fairly late model Casita/Scamp 16' travel trailer in the Santa Fe/ Albuquerque area. 5059838417
nike blazer WesleyDup
tmbdj xfjaf for 55% nddywq2gjqllpxy 
niketnnnnnWesleyDup
moxin zbuaj for 49% odkxeb6gjctbiwf 
Re: FulltimingBanyanguyI'm A Young 66 That Has Had A Few RV's. I'm Looking For Someone In Oregon Or Washington That Wants To Go South For A While? I'm Very Good Driver- Your RV And Share Expenses. I'm On The Southern Oregon Beach-Ron-541-661-2357
gtgxs iqedu for 25% qzbfeb9qscdzepgw 
Re: FulltimingEvagoblog60 year old Asian American female would like to explore U.S. with either male or female who has an RV and would like to share expenses. Easy going (and if it's important to males-sigh) easy on the eyes I've been told. If it IS a male responding, Willing to learn to drive so we can share driving chores. For males, please be aware if no romance in the making must accept me as a wonderful traveling companion only. I live in Southern CA. now and have no things to tie me down, can travel anytime. You can contact me by email at evagoblog@yahoo.com
uhkjp esuvg for 25% yiltnn2gjxziwdc 
Re: Travel companionsEvagoblogI am a 60 year old (though if it makes a difference, sigh, been told I look younger), active, good health, both am VERY EASY going and on the eyes (!) Asian American female! Has no RV or driving one but am willing to learn, can help with expenses, looking for someone who has an RV. Companion can be either man or woman (guys altho not averse to a romance developing, has to be understanding that if feeling is NOT mutual, that we would just be friends and roommates.) I live in Los Angeles area, if want to meet my email is evagoblog@netzero.net Nov. 22, 2014
Re: Travel companionsEvagoblogI am a 60 year old (though if it makes a difference, sigh, been told I look younger), active, good health, both am VERY EASY going and on the eyes (!) Asian American female! Has no RV or driving one but am willing to learn, can help with expenses, looking for someone who has an RV. Companion can be either man or woman (guys altho not averse to a romance developing, has to be understanding that if feeling is NOT mutual, that we would just be friends and roommates.) I live in Los Angeles area, if want to meet my email is evagoblog@netzero.net
nikemmmmWesleyDup
nikemmmmWesleyDup
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
Crossroads Trailers - New Jersey
Scott Motor Coach - NJ
Driftwood RV Center New Jersey
George M. Sutton RV - Eugene OR
Stoltzfus RV - Pennsylvania
Fretz RV - PA
Chilhowee RV - Tennessee
RV dealers - Advertise with Roaming Times

 
 

latest RVing news and articles
50 States And 50 Jobs In An RV For A HoneymoonImagine traveling to all 50 states in a RV and working one job for one day in each state for a honeymoon. 11/18/2014 9:22:58 PM
2015 Winnebago Minnie Winnie Premier 31KP Class C Motorhome ReviewOffers exciting features, more value than ever with loads of upgrades. A roomy living area with a large slideout features a U-shaped dinette and an available HDTV and DVD player provides a great place to relax after a day of fun and entertainment11/16/2014 9:14:19 PM
Thor Motor Coach Participates in Breast Cancer Awareness MonthRaised more than $10,000 for United Cancer Services of Elkhart County.10/16/2014 11:49:50 PM
A Good Trend Going For The RV IndustryRV show attendance is up and campgrounds are have a great year.10/13/2014 11:38:50 PM
Thor Motor Coach Showcases Brand New 2015 Motorhomes on the West CoastThor Motor Coach Showcases Brand New 2015 Motorhomes on the West Coast California RV Show at the L.A. Fairplex in Pomona, Ca. Oct. 10 to Oct. 19, 2014.10/9/2014 1:06:10 AM
12345678910...

  
 
SOME OF THE LATEST COMMENTS ABOUT RVING NEWS ITEMS:
(See also general comments further down this page)
Re: Thor Motor Coach Showcases Brand New 2015 Motorhomes on the West CoastKen BrownWe bought a new 2013 Thor Tuscany 42WX at this show. Got to use it one weekend had to take it back to the dealer and it has been there for 3 weeks and still not done. I hope the factory and the dealer get it together soon and get it fixed.11/20/2014 7:03:00 PM
Re: Class C Diesel Motorhomes get Super-Sized, New 35SK Super C RV Unveiled by Thor Motor CoachJo Ann PallWe purchased the Super C Outlaw and it has been a NIGHTMARE, one problem after the other and Thor is NOT helping us at all. Major problems with this unit, Buyer beware!11/4/2014 10:03:00 AM
Re: RV industry bubble - just like housingPatty O CamperI enjoyed reading the interview with Randy Potts, the new CEO of "Winnebago". His comments confirmed the feeling I had about the economy and it's impact on the RV Industry. I also noted he ignored the interviewer' s question about "how president Obama could help the RV industry" the question was stupid. The best thing government can due for the economy in general is to back-off on all the regulations that have strangled the American spirit of self-reliance. The crash in the economy was the result of government involvement in the housing industry. Insisting that banks loaned money for real estate to people who could never make the payments....all in the name of "equality". Banks started to fail, the housing market went into a depression and all because too many unqualified mortgage holders failed to make their payments. During this crisis the government continues to print money every week reducing the value of our currency on the world market and fueling inflation in this country. It is good to see Winnebago isn't in line for any government handouts like too many members of our dependent society seem to be. Reduce regulations, build the Keystone pipeline and the price of fuel for our RV's will go down....and get the ethanol out of our gasoline....it is reducing gas mileage and destroying our motor vehicles!9/2/2014 8:56:00 AM
Re: Roadtrek Is Number 1 In Class B Sales YTD For February 2014Johni would like to find out how I can get a Manuel showing how to operate everything.Also would like know how i can buy the seat that go behind the passenger seat.It was taken out.7/29/2014 10:35:00 PM
Re: RVing with Your PetCoryWe travel with 2 senior Goldens and a young one... It is very important that our Fur Babies stay cool, I would have not thought to leave a key with the camp host or a note... We usually don't lock the door when we leave them... And a ramp is very important to have to help get them in and out so the steep stairs don't hurt their hips. 7/18/2014 12:23:00 PM
12345678910...


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