CALGARY, Alberta (June 8, 2004) - Cummins Inc. (NYSE:CMI) today announced the introduction of the KTA38GC gas compression driver for the oil and gas market. The new KTA38GC is the next step on the horsepower ladder for Cummins in the gas compression market.
Building on the successful performance of Cummins 6- to 19-liter engines in the less-than-500-hp segment, the new KTA38GC will feature multiple ratings in the 600- to 900-hp ranges. The KTA38GC rich-burn engine is designed for well head gathering and related gas compression applications. The engine utilizes many of the same hard-core internal components such as the block, crankshaft and connecting rods used in Cummins diesel engines. Field-testing will begin by December 2004 and limited production by June 2005.
"In 2001, Cummins introduced a series of new engines designed to provide outstanding value in customer support and technology for the oil and gas market," said Mark Levett, vice president and general manager of Cummins high-horsepower engine business. "We've continued to invest in the right products, technology, people and infrastructure to serve our customers better than anyone else.
"We are actively incorporating customer feedback into our new products, either by providing higher-horsepower engines for the gas compression market or providing specialty ratings and options for well-servicing applications. By converting the needs of customers into products, we are gaining business," Levett added.
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, Indiana (USA), Cummins serves its customers through more than 680 company-owned and independent distributor locations in 137 countries and territories. Cummins also provides service through a vast dealer network of more than 5,000 facilities in 197 countries. With more than 24,000 employees worldwide, Cummins reported sales of $6.3 billion in 2003. Press releases can be found by accessing the Cummins home page at www.cummins.com