Wednesday, October 11, 2006

Cummins to produce new light-duty diesel for DaimlerChrysler

Reuters / October 11, 2006 - 10:00 am CHICAGO -- Diesel engine maker Cummins Inc. said today that it will begin producing a new family of light-duty diesel engines for DaimlerChrysler AG at its plant in Columbus, Ind.

The company, which is enjoying strong demand for its biggest on-highway engines because of looming U.S. clean-air rules, said it plans to spend about $250 million to set up the new line inside its existing manufacturing facilities.

It estimated the new production line would ultimately employ between 600 and 800 workers.

The diesel engine maker currently supplies a diesel engine used in heavy-duty versions of the Dodge Ram pickup.

Cummins ranks No. 37 on the Automotive News list of the top 100 global suppliers with worldwide original-equipment automotive parts sales of $3.75 billion in 2005.

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