Global slump cut Cummins’ 2012 sales by 4 percent

A weakening global economy lowered Cummins Inc.’s sales by 4 percent last year, and the company projects a similar sales trajectory for this year because of continued worldwide economic difficulties.

Nonetheless, the Columbus-based company Wednesday announced its second-best year in terms of sales and profit — and shares rose 2.6 percent as Cummins said it has seen recovery in some markets, including Brazil and North America.

According to the Jackson County Industrial Development Corp. website, Cummins employs 524 workers in Seymour.

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 ©2016 The Tribune, a publication of AIM Media Indiana unless otherwise noted.
All rights reserved. Click here to read our privacy policy.