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Company News Home >> News

Cummins engine New investment in China for big hourse power diesel engine

2013-11-07

 Cummins ( China ) Investment Co., Ltd. Vice Chairman , high-horsepower engines and customer support Jie Wang , general manager and general manager of Chongqing Machinery & I just representing the two sides signed a cooperation agreement. Chongqing Municipal Committee , Cummins engine Deputy Mayor Wengjie Ming , Wang Yuxiang Chongqing Machinery & Electric Co., Ltd., as well as high horsepower Cummins competent vice president of global business, Ed Pence and other guests witnessed the signing.

        
Chongqing Cummins was established in 1995 , is the first company in China Cummins engine joint venture plant , is the only one big horsepower engine manufacturers. In the joint efforts of both sides , the Chongqing Cummins has made tremendous development: the engine from 1995 with annual sales of 300 million yuan joint venture initially rose to 3.25 billion yuan in 2012 . Engine excellent quality and excellent performance to win the trust of the majority of users ,Cummins engine  widely used in engineering machinery, oil factories, mines and power generation equipment and other fields .

        
In recent years, Cummins engine Chinese high-powered diesel engine market competitors are emerging, increasingly competitive market , and with the Chinese on the growing importance of environmental sustainability , the relevant engine emission standards are rising, which are included , including Chongqing Cummins industry participants put forward higher requirements. To further enhance the Chongqing Cummins products and technologies in the market competitiveness and meet the industry demand for high-performance high-power , joint efforts to expand the two sides decided to optimize the Chongqing Cummins existing product spectrum and future-oriented technical reserves , the introduction of greater Cummins the full power of high-powered diesel engine electronic control platform - QSK50, QSK60 and QSK72, and actively prepare prospective gas engine development work, so Chongqing Cummins power engine in the domestic and global market to maintain a sustainable competitive advantage .

        
After the feasibility of both Chinese and foreign shareholders fully detailed consultations and discussions and negotiations, reached a series of cooperation , Chongqing Cummins depict a blueprint for the future of Cummins engine  . This includes :
        
First, the Chongqing Cummins Cummins from the United States introduced the world's advanced level of QSK50, QSK60 and QSK72 fully electronically controlled high-powered diesel engine platform .
        
Second, the new high horsepower Cummins diesel engine new production base.
        
Third, Chongqing Cummins gas engine products developed by Cummins to provide technical support to promote the development of natural gas joint venture , shale gas , biogas, coal bed methane and oil and associated gas and other gas engines , has won the Chinese government environmental protection, recycling economy and new energy policies to guide the future potential of the market .
        
Fourth, the new R & D center in Chongqing Cummins power engine , with R & D , testing, testing functions for the sustainable development of Chongqing Cummins provide strong technical support.
        
Fifth, the Chongqing Cummins engine developed into a world -class manufacturing base for high-powered engines , the target to reach $ 1 billion in 2017 sales revenue in 2022 reached $ 2 billion in sales.

        
Chongqing Machinery & Electric Group Chairman Wang Yuxiang spoke highly of the cooperation : "After thirty years of development , Chongqing, Chongqing Cummins has grown into one of the most outstanding joint ventures with numerous equipment manufacturing enterprises, Chongqing Cummins facing restructuring and upgrading. in view of this , the two sides shareholder situation, decisive decision-making , and work out a package of plans to upgrade and today the signing of a new cooperation projects , will become shareholders of Sino-US strategic mutual trust, cooperation and win-win milestone . "

Cummins engine  Vice President Ed Pence Chongqing Cummins 's future. " With today's signing of the agreement , there will be three new strategic product platform in Chongqing Cummins production, and plan to establish a new production base and high-powered technology center. These Cummins once again confirms the long-term commitment: to further develop the China market , and strengthen cooperation , is committed to promoting customers' success . more optimized product structure , more far-sighted investment in strength , as well as closer to the market and customer demand management strategy , will become the Chongqing Cummins sustainable development boosters and we also hope to be able to Chongqing Cummins engine  development of the local economy as well as Chongqing China-related industries to create value . "

        
Chongqing Machinery & Electric Profile
        
Chongqing Machinery & Electric Co., Ltd. ( hereinafter referred to as the "Chongqing electromechanical " ) is by the Chongqing Municipal People's Government and Chongqing State-owned Assets Supervision and Administration Commission approved by Chongqing Machinery and Electronic Holding ( Group ) Company jointly Chongqing Yufu Assets Management Co., Ltd. , Chongqing Construction Engineering Group Co., Ltd. and China Huarong Asset Management Corporation and three other state-owned company jointly set up by way of promotion , on July 27, 2007 the State. And on June 13, 2008 was successfully listed in Hong Kong stock code 2722.hk.

        
Company development, manufacture and sale of automotive parts , electrical machinery and equipment , environmental protection equipment , machine tools , electrical equipment and appliances , communications equipment ( excluding reception and transmission facilities ) , computers and parts, non-ferrous metal smelting and rolling processing products, instrumentation , office machinery , wind power generation equipment ; equipment manufacturing , real estate development , finance investments ; import and export trade , high-tech consulting services. Chongqing Machinery & Electric 's has a total of 51 enterprises at all levels , a direct wholly- owned holding and , holding a total of 17 joint ventures .

      Cummins engine 
in China
        
Cummins and China 's history can be traced back over half a century ago in the 1940s . March 11, 1941 , U.S. President Franklin Roosevelt signed • " Lend-Lease " , including China 's 38 countries wartime aid . " Lend-Lease " military aid supplies in China with Cummins engines to include JiangFang patrol boats and military trucks .

        
The end of 1944 , a letter enterprises in Chongqing Cummins Inc. , seeking to establish business contacts in China for local production of Cummins Engine , Cummins Engine Company when he was general manager of Irvine • Miller in the reply letter expressed a strong interest in hope that the Sino-Japanese war Houkangmingsi can build factories in China . For reasons known , Mr. Miller 's idea to wait until three years later, in the 1970s , along with the gradual easing of Sino-US relations , it is expected to become a reality.

Cummins engine 
and its associated subsidiaries in China has invested more than one billion U.S. dollars , as China's largest foreign investor in diesel engine industry , Cummins commercial ties with China began in 1975 , when he was chairman of Cummins Irwin • Mr. Miller 's first visit Beijing , China to seek business cooperation to become the first American entrepreneurs. 1979 Sino-US relations , China has opened up at the beginning of the first Cummins China office in Beijing.

Cummins engine 
is the first local production in China for western diesel engine company, started in 1981 in Chongqing Cummins Engine Factory license production of the engine , in 1995 China 's first joint venture of Cummins Engine Factory was established . So far, a total of Cummins in China has 28 institutions, including 15 wholly owned and joint ventures, more than 8,000 employees , production of engines , generators, alternators, filtration systems, turbocharging systems , reprocessing and fuel systems and other products , Cummins service network in China , including 12 regional service centers , more than 30 customer support platforms and more than 1,000 enterprises and joint ventures in China authorized dealers .

Cummins engine 
long-term adherence with large Chinese companies to form strategic alliances to achieve common development. As the earliest foreign diesel localized production enterprises, including thirty years Cummins has been with Dongfeng Motor, Shaanxi Automobile Group and Foton commercial vehicles , including the Chinese leading enterprise established four joint-venture engine plant, Cummins twenty three engine series already fourteen local production in China .

Cummins engine 
is the first in China to set up R & D centers of foreign diesel engine company , in August 2006 the company established in cooperation with Dongfeng Cummins engine technology R & D center in Wuhan, Hubei officially opened.

        
2012 Cummins sales in China reached $ 3 billion , China has become the region Cummins world's largest and fastest-growing overseas markets.

        
About Cummins
        
Cummins Inc. was founded in 1919 and headquartered in Columbus, Indiana (USA) , is an American Fortune 500 company , and was elected "Fortune" 2011 "World's Most Admired Companies ," is the only one on the list Diesel .

   Cummins engine
is the world's largest independent engine manufacturer , the product line includes diesel and alternative fuel engines, engine parts ( fuel systems, controls , air handling , filtration systems and exhaust treatment systems ) , and power generation systems. Cummins through its more than 190 countries and regions, more than 600 distribution facilities and more than 6,500 dealer locations provide services to clients .

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