Cummins to close USA plants????

[JPM]

Someone at work read a Yahoo news brief stating ,Cummins has a new CEO and he is moving everything overseas, this can't be true:{ :{ can it?

 

[cArNiVaLwOrKeR]

If it is, Dont buy anything not U. S. made from cummins...

Keep what you got...

Our Rigs will be worth more $, if it does... IMO

 

[hammersley]

It won't be long till they'll be moving everything overseas - NOW if we could only do that with CONGRESS - THEN we'd start to see some changes! And to continue to hear the BS being posted daily by the Conservative PUNDITS on Talk Radio - (and I'm conservative and listen - ) I only hope that they Outsource these flaming idiots to India as well!!!

 

[BRayls]

actually that is not true,they are ready to hire more people(200) at the columbus plant now. as for not buying ,sorry you already have a mexican crank,as they have used them for years. all the movement already has taken place,prior to the new 03 trucks. indy star bussiness section yesterday had the story. I will get a copy and post for those who are interested.

 

[BigCarl64]

Read the thread I posted in the Politics forum. It is probably what he is talking about.



https://www.turbodieselregister.com/forums/showthread.php?s=&threadid=98856

 

[Gary - K7GLD]

WELL, let's look on the bright side, at least with all the jobs, technology and increased standard of living the USA is now providing all these foreign countries, we now have LOT'S more friends there who will gladly help US when we need them to defend our country - and maybe their own - against terrorists and dictators around the world...



YEAH, SUUuuure...

 

[OHale]

I believe what actually happened is the CEO bought a house overseas and HE moved overseas

 

[BV]

IMHO with touching most of my 96 5. 9 it looks like it came from overseas anyway so why worry about it. Very little is MADE in USA anymore - Assembled here maybe but not made.

 

[Diesel Man]

Originally posted by BV

IMHO with touching most of my 96 5. 9 it looks like it came from overseas anyway so why worry about it. Very little is MADE in USA anymore - Assembled here maybe but not made.

Sorry BV, but Dodge trucks are actually assemblied (built) in Mexico. The first number of your VIN is the key to decoding this. It goes like this:

1 = USA

2 = Canada

3= Mexico

4 = Special Plant, can be anywhere, some are in Calif.

J = Japan

K = Korea



There are some others but I don't recall them off hand.

 

[BRayls]

they are assembled in st. louis also. I however have not got a heavy duty truck from st. louis since my 01 dually. by the way it was the one that had the most problems,no b. s.

 

[rholcom2]

On the Manufactured in the US thing. I am trying to sell my '96 2500. Had a guy call me today, and we conversed about the truck. Well, the truck doesnt have air, he was immediately turned off. A few minutes later in our conversation, I mentioned to him that for what its worth, this truck was manufactured in the US. He says, "OH, that means alot". When I hung up the phone a few minutes ago we left it that he would be coming to at the very least see the truck. So, I automatically liked this guy!!

 

[OHale]

My '95 dually was manufactured in Mexico and the only assembly flaw it had (other than some 2nd gen design issues, e. g. fuel return line) was a blip in the clear coat on the left rear fender. I have about 145K on it and nothing to fault in the overall quality. The Cummins runs as well or better than the day I bought it.



I wonder why the US would be preferred... ?



My ordered truck will be assembled in Mexico, trucked to Vera Cruz and shipped (by ship,) to NJ before being trucked to Maine.

 

[bmoeller]

Originally posted by hammersley

NOW if we could only do that with CONGRESS - THEN we'd start to see some changes!

Doubt it. Think UN.

 

[BRayls]

Rosy forcast boosts Cummins

cummins inc. 's stock price surged $4. 16 a share ,or 6. 9%,tuesday after the columbus diesel maker advised investors that profits could be 25% stronger than had been expected earlier this year. "we have more confidence this recovery is going to be sustained," said cummins chairman Tim Solso,noting about 145 new employees will be hired this year in Indiana. Its the first major hiring by cummins ,which employs 4,800 in the columbus area,since the recession in the diesel truck industry began in late 2000. Rising profits reflect a brisker U. S. economy as well as strong sales abroad,especially in asia for cummins,the fifth largest public company based in Indiana. Overseas sales last year reached $3. 15 billion,or about half of the columbus-based manufacturer's $6. 4 billion in revenue. asia accounts for $820 million of that total revenue,or as much as cummin's european business. " china and india have become remarkably important to cummin's" Solso told shareholders Tuesday at the annual meeting at cummins technical center in columbus. Solso,presiding over a routine meeting attended primarily by employees ,said the restructuring brought on by the diesel recessionis complete. cummins shed 2,600 jobs,closed six plants and consolidated. a columbus diesel plant was closed and the work centered in a newer factory at jamestown,N. Y. cummins makes diesels,generators and filter systems for those products in plants throughout the world. Its largest customer,DaimlerChrysler AG,offers optional cummins diesels on dodge ram fullsize pickup trucks. cummins assembles those neaer columbus. rising energy and metal prices could sap profits if the trend continues,but Solso said he expects metal costs in particular will begin to ease later this year. just before the meeting,cummins advised investors it expects profits will more than triple this year compared to 2003. the company also forcast annual earnings of $4 to $4. 20 for each share of stock owned by investors. an earlier forcast called for earnings in the range of $3. 20 to $3. 40. last year cummins earned $50 million,or $1. 27 a share. with the new forcast,investors eagerly bought cummins stock,pushing up the value. cummins closed tuesday at $64. 16 a share,its highest closing price in a year. it also is a dramatic gain from april 2003,when cummins traded in the $25-$28 range. nearly 3. 62 million cummins shares changed hands tuesday,about seven times more than usually trade daily. "generally, we started to see a modest recovery beginning in the second half of last year. that recovery has gained legs,if you will,in the first quarter of this year,"Solso said in an interview. as a result,cummins will add about 75 production workers in the columbus area this year along with about 35 enginners and another 35 workers in other disiplines. cummins employs 24,200 workers worldwide. this year,cummins expects to make 268,000 heavy-duty diesels for trucks,up from 200,000 forcast late last year. that nowoutdated forcast was up 25 % from 2003 production levels. production of medium-duty diesels should rise 12 %,mainly in brazil,and the filter and genrator business along with the dodge ram diesel business should each increase production volume 10%. Indy Star By,Ted Evanoff

 

[JPM]

Thanks for the reply,BRayls. Cummins looks like a pretty good ,healthy,USA company! Good for them. Too bad they might be the last of the breed

 

[Big_Daddy_T]

Remeber the was a rush to get pre egr engines. This may be just that. This might just be a spike in otr sales before the 04 deadline.

 

[BRayls]

if I remember right they already had the boom from the orders for pre -smog engines,last year.

 

[HOCummins04]

Originally posted by BRayls

they are assembled in st. louis also. I however have not got a heavy duty truck from st. louis since my 01 dually. by the way it was the one that had the most problems,no b. s.

Me too. Had a 01. 5 2500 HO built in St. Louis. First Dodge was 1999 1500 - pass everything but a gas station. Had 3 years and was a great truck. Bought 01. 5 used with 12k miles. Sold it a couple months ago after repeated problems with steering, AC, lift pumps and fuel tank. New truck built in Mexico, and I am GLAD. I have never heard of anyone having a problem truck built in Mexico, but have heard of many built in St. Louis. If there were internal problems like injectors, that does have anything to do with where truck is assembled.