Shanghai. February 22 (Gasgoo.com) – Last year, Cummings sales revenue in China rose 50 percent to $1.7 billion, while its global sales surged 15 percent to $13 billion, the company announced this week.
Last month, Cummings reached an engine project agreement with the development zone in Wuhan, Hubei province. Under the agreement, Cummings will invest $45 million to build an engine project in Wuhan Development Zone. The project is expected to have a capacity to produce 5,000 engines a year.
This is the third project that Cummings has built in Wuhan. The engine maker started a R&D center in 2006 and a fuel plant in 2007.
Cummings' joint venture project in Beijing won Chinese government approval last October. The joint venture is expected to produce a new generation 2.9 liter and 3.8 liter 4-cylinder In-line high pressure Direct Injection Diesel engines, which are used in light duty trucks, pickup trucks, SUV and MPV vehicles. The project signals Cummings has officially entered China's light diesel engine market.
Last year, Cummings and China's Dongfeng Group has developed a new generation 13 liter fully electronic controlled heavy engines, which is expected to start production in 2009. In July year, the Chongqing-based Cummings joint venture introduced a new generation QSK 19 liter and 38 liter electronic controlled engine production line. The Cummings joint venture with Xi’an started production in August 2007.