| |
Code Alerts!
Sign-up to receive email alerts on important electric code changes.
|
| |
Cummins Inc. has taken a significant step toward establishing its first technical center in China by signing a joint venture contract agreement with Dongfeng Cummins Engine Co. Ltd. (DCEC) for a facility that will open in the first quarter of 2006 in the central China city of Wuhan.
The Cummins East Asia Tech Center will provide engineering and technical services for the full range of Cummins products built in China, including diesel and natural gas engines, power generators, turbochargers, and filtration products.
The center, a 55-45 joint venture between Cummins and DCEC, respectively, will become Cummins’ first technical center in China. DCEC is a 50-50 joint venture between Cummins and Dongfeng Automobile Co. Ltd.
"Cummins and Dongfeng have enjoyed a strong and successful partnership for many years, and the Cummins East Asia Tech Center will allow both companies to take even greater advantage of China's continued growth," said Cummins Chairman and Chief Executive Officer Tim Solso. "China is one of our most important international markets, and the creation of this technical center is crucial to our growth strategy in the country."
The center will be located in the Wuhan Economic and Technological Development Zone. Wuhan, the capital of Hubei Province, is the fourth largest city in China and is a leading industrial center. The center will provide product development, emissions testing, customer application engineering and more, allowing Cummins and DCEC to tailor and develop products for the China market. The center also would allow both companies to better support future emissions standards for engines produced in China.
"China is one of the fastest-growing economies in the world, and we're well-positioned to take advantage of the expected future growth in key sectors such as commercial vehicles and construction," Solso said. "With the help of terrific partners such as Dongfeng, we have worked hard to integrate our company into the Chinese economy and culture, and we're excited about the future—both for Cummins and for China."