Cummins to Sell Light-Duty Filtration Business


 UPDATED:
9/9/2011 8:30:00 AM
Write a Letter to the Editor



Print This
 

Truck engine manufacturer Cummins Inc. announced Thursday that it has agreed to sell its light-duty filtration operations to an equity investment firm, Industrial Opportunity Partners. Terms were not disclosed.

Cummins said the sale affects its Kuss Filtration business in Findlay, Ohio, its filtration business at Bloomer, Wis., and Kuss operations in Sao Paulo, Brazil and Shanghai, China. These facilities produce light-duty filtration products, including in-tank fuel filters, for smaller gasoline engines, Cummins said.

Hasnain Merchant, a current Cummins executive and CEO of the new company, said the new business will revive the name Kuss Filtration and be headquartered in Findlay.

“This is a very exciting opportunity for Light Duty Filtration business to be able to work with IOP, who will be dedicated to invest and grow the business,� Merchant said in a statement.

Follow Transport Topics on RSS Twitter Facebook


 Print This
 


© 2011, Transport Topics Publishing Group. All rights reserved.

 

 

RELATED ARTICLES

Cummins to Sell Light-Duty Filtration Business (9/9/2011 8:30:00 AM)
Fuel Rule to Spur Tweaks in Cummins’ SCR Engines (8/29/2011 4:30:00 AM)
Cummins’ Market Share Slips As In-House Engine Use Rises (8/22/2011 5:30:00 AM)
OEMs Detail Design Innovations To Meet New Greenhouse Rules (8/22/2011 5:10:00 AM)
Fuel Economy Rules Praised by Most Trucking Interests (8/18/2011 9:20:00 AM)
Industry Backs Truck Efficiency Standards (8/10/2011 2:00:00 PM)
 

Click Here!

JOIN OUR NEWSLETTER
We'll deliver tax strategies to your inbox from our CPA firm.
We hate spam. Your email address will not be sold or shared with anyone else.