Governor Mike Pence concluded business in Beijing today learning how Indiana-headquartered Cummins Inc. (NYSE: CMI) is leading the way in innovation and production of clean technology at its Beijing Foton Cummins Engine Company.
“For Cummins, it starts in Indiana. Technology developed by Hoosiers in Columbus is powering Cummins engines built around the world, including here in China,” said Pence. “As Cummins grows and thrives in these markets, more high-wage jobs in engineering and R&D are created at home.”
Established in 2008, the Beijing Foton-Cummins facility (BFCEC) produces the Cummins ISF light duty engine and ISG heavy duty engine, both meet tough emission standards while achieving a high degree of fuel efficiency. Even though the engine platforms are targeted primarily for Chinese markets, their cutting-edge technology is a result of the collaboration of a global team, including more than 100 U.S. engineers, many of whom are based in Columbus, Indiana.
“We are thrilled to show the Governor one of Cummins’ most successful joint ventures that delivers both economic and environmental benefits for our customers,” said Steve Chapman, vice president, China and Russia of Cummins. “As a truly global company, Cummins is well positioned to capture market opportunities in diverse geographic markets by leveraging strong engineering resources and rich market experiences from the U.S. and other places. This will not only fuel our growth in local market, but also creates value for our stakeholders in the U.S.”
As the largest independent maker of diesel engines in the world, Columbus, Indiana-based Cummins is a global power leader developing and advancing cutting-edge solutions and products that produce high quality, clean diesel engines for customers around the world. In Indiana alone, the Fortune 160 company has approximately 9,000 employees at multiple locations across the state that design, make and sell products found in a broad range of on and off highway vehicles.
The company’s ties to China date back to 1975 when then-CEO J. Irwin Miller led the company’s first delegation to Beijing. Today Cummins is recognized as the largest foreign investor in the China diesel engine industry.
Later in the day, the Governor, First Lady and delegation traveled to Hangzhou, the capital city of Zhejiang Province, Indiana’s Chinese sister state. There, they co-hosted with Zhejiang officials a reception attended by more than 75 local business leaders.