CALGARY, Alberta (June 8, 2004) - Cummins Inc. (NYSE:CMI) reaffirmed its commitment to the oil and gas market today at the Global Petroleum Show with the announcement of three new engine products: the QSM for Zone 2, the KTA38GC, and a QSK60 rated at 3000 horsepower. Cummins continuous investment in the development of new engines and ratings as well as technology, infrastructure and personnel clearly illustrates its determination to expand its presence in the market.
"Three years ago, we brought Cummins technology, value and customer support to the oil and gas market," said Mark Levett, vice president and general manager of Cummins high-horsepower engine business. "Since then, we have made significant investments in products, people and infrastructure to serve our customers better than anyone else; and their response to Cummins has been tremendous. Our products have been recognized for their outstanding value, performance and reliability; and our distribution network has earned the confidence of customers throughout the world. Today's introduction of three new products is evidence of Cummins long-term commitment to the oil and gas industry.
"We continue to listen and respond to the needs of our customers and, as a result, we are being rewarded with their business," said Bernie Koczaja, oil and gas market leader at Cummins. "From providing higher-horsepower engines for the gas compression market to specialty ratings and options for well-servicing applications, the products we are introducing are a direct reflection of what we have heard. In addition to new products,Cummins and our distributors continue to invest in the people, training, parts and information to serve our customers better than anyone else."
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