Cummins records sales of $1.63 billion in third quarter

Published Saturday, November 01, 2003

Heavy-duty engine manufacturer Cummins Inc has reported third-quarter 2003 sales of $1.63 billion and net earnings of $24 million. Through the third quarter year-to-date, sales were $4.56 billion. “Cummins improved performance this past quarter reflects our efforts to position the company for the emerging economic recovery,” said Tim Solso, chairman and chief executive officer of the company. “One year after introducing our 2002 emissions-compliant heavy-duty engines, we have 25,000 of them on our nation's highways.” Engine sales for the Dodge Ram and industrial markets as well as other business segments experienced solid growth from the 2002 third quarter. ...

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