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Business/Money

August 20, 2013

Cummins to power Nissan turbo engines

Added work will bring 500 new jobs to Columbus plant

— A new engine for Nissan pickup trucks will help to eventually bring 500 new jobs to Indiana.

Cummins Inc. (NYSE: CMI) announced Tuesday that its Columbus engine plant will begin building the Cummins 5.0L V8 Turbo Diesel for Nissan’s next generation Titan pickup truck. The announcement coincided with Nissan’s (NYSE: NSANY) announcement that the engine will be offered in the next generation of the Titan pickup truck. Nissan has not announced a launch date for the truck.

By constructing the turbo diesel engine in Columbus, Cummins expects to eventually add 500 workers to the plant. That would bring the plant’s total workforce to about 800 employees.

“Today’s announcement is good news for Cummins, Columbus and Indiana,” said Sen. Dan Coats, R-Ind., in a news release. “All Hoosiers can celebrate the news that this innovative engine will be built in Columbus, bringing more jobs to Bartholomew County. For decades, Cummins has been a widely respected employer and generously given back to its local community and state. Even in difficult economic times, Cummins continues to invest in Indiana and provide good-paying jobs for Hoosier workers.”

Cummins first announced it was building a light duty diesel engine at the Columbus plant in 2006, but a global economic downturn delayed the project. Jeff Caldwell, general manager of Cummins’ pickup truck business, said in a news release that Tuesday’s announcement is a testament to the company’s determination and commitment to innovation.

“The partnership with Nissan on the V8 program benefits not only Cummins employees, but also our community,” he said in the release. “The innovative and lightweight design of the 5.0L V8 Turbo Diesel is a perfect fit for the customer who wants V8 performance with diesel efficiency. It broadens Cummins’ range of products and provides a new clean diesel option for our customers.”

In addition to its partnership with Nissan, Cummins is developing a version of the V8 Turbo Diesel for commercial vehicle customers.

“We are bringing our innovation and latest technology in engines and after-treatment products to a new segment of customers,” said Tom Linebarger, chairman and CEO of Cummins Inc., in a news release. “Importantly, this will help us grow our own business as well as allow us to help an important new partner, Nissan, succeed in the market."

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