Diversity key for business' growth



COLUMBUS

Cummins Inc.’s second-quarter sales increased slightly compared to a year earlier, as the deterioration in some international markets was offset by improving economic conditions in North America.

Profits, meanwhile, declined.

“Revenues increased primarily due to higher demand in North America, helped by market share gains in the medium-duty truck market,” Chairman and Chief Executive Officer Tom Linebarger said in the earnings release.

Sales for the Columbus-based engine maker reached $4.5 billion, up 1.6 percent. The company reported that sales increased in Brazil and China but fell in Europe, India and Mexico.

 

This story appears in the print edition of The Tribune. Subscribers can read the entire story online by signing in here or in our e-Edition by clicking here.

All content copyright ©2014 The Tribune, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Click here to read our privacy policy.