This category only includes cookies that ensures basic functionalities and security features of the website. Cummins Inc. has taken a step forward in its plans to separate its filtration business into a standalone company. approximately 190 countries and territories through a network of more Cummins serves its customers through its network of 600 company-owned and independent distributor facilities and more than 7,200 . (Reuters) - Cummins Inc CMI.N, a U.S. manufacturer of engines for large trucks, is preparing to explore the sale of a business that makes filters and coolants, potentially valuing it at more than. This item: Fleetguard Fuel/Water Sep Spin-On FS1003 ( SIngle) $32.18. The information you are looking for is on Merchant, the current General Manager of the business, said that the new COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today announced that its Filtration business has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (the "IPO") of newly issued common stock of the business in the United States. filtration products for diesel engines. Filtration, Buy Parts 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. Baird, BofA Securities, and Wells Fargo Securities will also act as joint book running managers. COLUMBUS, Ind. Reuters->. Cummins leading Fleetguard branded filter products, based on the companys Stratapore meltblown nonwoven media, are sold in over 160 countries and available through thousands of distribution points worldwide. We also use third-party cookies that help us analyze and understand how you use this website. It earned $1.4 billion last year on sales of $19.1 billion. These symbols will be available throughout the site during your session. 5.0. The new corporate brand will take effect upon becoming a standalone company. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (the" Securities Act"). Cummins Filtration Fuel Filter, 1 Pack $56.59 Fleetguard Oil Filter for Dodge Ram Cummins Engines Diesel $14.61 mopar 68197867ab 2016 ram fuel filter 68197867ab mopar fuel filter fleetguard fs1253 fleetguard fs20089 mopar 68157291aa fuel filter dodge ram 3500 fs53000 fleetguard Product Description Securities and Exchange Commission filings. However, you may visit Cookie Settings to provide a controlled consent. buyer like Industrial Opportunity Partners provides Kuss and the Established in 1958, Cummins Filtration offers filtration products for trucks, off-highway industrial equipment and power generation systems. A bold new brand and a powerful purpose signal path forward for a trusted global leader in filtration technologies, Cummins Filtration (the Company), today a business unit of Cummins Inc. (NYSE: CMI), has reached an important milestone in establishing itself as a standalone company with the announcement of its new name: Atmus Filtration Technologies. 49. The method and timing of the separation are currently under evaluation. On average, they predict the company's stock price to reach $254.75 in the next twelve months. The company announced Thursday that its filtration business has confidentially filed paperwork for a proposed initial public offering with the U.S. Securities and Exchange Commission. IPOs are generally underwritten by investment banks that arrange for the shares to be traded on a stock exchange. 7 analysts have issued 1 year target prices for Cummins' stock. Findlay, Ohio. 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In Stock. Steph Disher will continue to lead Atmus Filtration Technologies as CEO, Cummins said. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. This announcement is being issued in accordance with Rule 135 under the Securities Act. 2011 - 2023 Aug 3 (Reuters) - U.S. industrial firm Cummins Inc CMI.N said on Tuesday it would explore options for its unit which makes filters, coolant and chemical products, including spinning it off into a separate company. But opting out of some of these cookies may have an effect on your browsing experience. P. Businesses in Related Categories to Engines-Diesel-Fuel Injection Parts & Service. Disher has led the business as Cummins explores strategic alternatives for it, a move that was announced as part the Companys second quarter 2021 results. Cummins Filtration is able to meet environmental demands of crankcase ventilation management through the use of multiple patented technologies. Visit www.cumminsfiltration.com to learn more or follow Cummins Filtration on YouTube at www.youtube.com/FleetguardFiltration. Cummins Inc. (NYSE: CMI) today announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (IPO) of newly issued common stock. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 59,900 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. IPOs are generally underwritten by investment banks that arrange for the shares to be traded on a stock exchange. Nobody covers Columbus, Indiana and the surrounding areas like The Republic. LT36055. COLUMBUS, Ind.--(BUSINESS WIRE)-- Fleetguard WF2074 Coolant Filter Brand: Cummins Filtration 16 ratings -12% $2552 Was: $28.97 Chemical Additive DCA4+ Overall Height 137.24 mm (5.403 in) Largest OD 94.49 mm (3.72 in) Thread Size 11/16-16 UN-2B Cummins 11/16 w/16 DCA4-12 units See more product details Frequently bought together + + Total price: Add all three to Cart Its plans to separate its Filtration business into a standalone company available throughout site... 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