Company Overview
Cummins Inc. has been keeping the world running for more than 100 years as a multinational Fortune 500 corporation specializing in the design, manufacture, and distribution of engines, power generation systems, and related technologies. Founded in Columbus, Indiana in 1919 by mechanic Clessie Cummins and banker William Glanton Irwin, the company has grown from a small diesel engine startup into a global power solutions leader with operations in 197 countries and territories, serving customers through more than 9,000 locations worldwide.
As a $34.1 billion company (2024 revenue) with approximately 70,000 employees globally, Cummins operates through five distinct business segments: Engine, Components, Distribution, Power Systems, and Accelera by Cummins. The company's diverse portfolio includes advanced diesel, natural gas, and alternative fuel engines; integrated power generation systems; critical components such as aftertreatment systems, turbochargers (Holset brand), fuel systems, controls, transmissions, axles, and brakes; and zero-emissions technologies including battery systems, electric powertrains, fuel cells, and electrolyzers. With a market capitalization of approximately $64 billion and record 2024 earnings of $3.9 billion, Cummins has established itself as the backbone of multiple industries including on-highway trucking, construction, mining, marine, rail, and power generation.
Under the leadership of Chair and CEO Jennifer Rumsey—the company's seventh CEO and first woman to lead Cummins since its 1919 founding—the organization is navigating the energy transition while maintaining its core diesel and natural gas business. The company's strategic focus on multi-energy solutions is exemplified by the Accelera by Cummins segment, which houses zero-emissions technologies including hydrogen fuel cells, battery systems, and electrolyzers. Recent major initiatives include the acquisition of First Mode's hybrid mining and rail assets (February 2025), full ownership of Hydrogenics fuel cell and electrolyzer technologies, deployment of large-scale electrolyzer systems for green hydrogen production in Germany and New York, and the introduction of fuel-agnostic HELM engine platforms supporting diesel, natural gas, and hydrogen.
Cummins' commitment to innovation, sustainability, and social responsibility has earned recognition including placement among Financial Times Diversity Leaders 2024, Forbes Best Large Employers, and Glassdoor's Best Places to Work 2024. With core values centered on integrity, diversity and inclusion, caring, excellence, and teamwork, Cummins continues to power prosperity globally while leading the charge toward smarter, cleaner power solutions for future generations.
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Cummins is recognized as a market leader in the Manufacturing sector, demonstrating strong industry presence and customer trust.
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