Cummins expects to top sales, profit highs in 2012
Diesel engine maker Cummins Inc. said Tuesday that it expects to top its 2008 sales and profit records in 2012.
NEW YORK — Diesel engine maker Cummins Inc. said Tuesday that it expects to top its 2008 sales and profit records in 2012.
Executives, including Chairman and CEO Tim Solso; President and Chief Operating Officer Tom Linebarger; Chief Financial Officer Pat Ward and Chief Technical Officer John Wall spoke with analysts during a meeting at the New York Stock Exchange.
The executives set a sales target of $20 billion for 2014.
The company anticipates it will be able to capitalize on its growing presence in international markets as well as increased demand for fuel-efficient diesel engines.
Cummins’ stock added 4 cents to $60.26 in midday trading.
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