Diversity key for business' growth


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.


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