Cummins 3Q sales rise

Cummins Inc. has reported third quarter 2003 sales of $1.63 billion and net earnings of $24 million. The engine maker said sales for the quarter increased 6% to $95 million compared to the same period last year, and that its year-to-date sales were $4.56 billion. "Cummins' improved performance this past quarter reflects our efforts to position the company for the emerging economic recovery," said

Cummins Inc. has reported third quarter 2003 sales of $1.63 billion and net earnings of $24 million.

The engine maker said sales for the quarter increased 6% to $95 million compared to the same period last year, and that its year-to-date sales were $4.56 billion.

"Cummins' improved performance this past quarter reflects our efforts to position the company for the emerging economic recovery," said Tim Solso, chairman & CEO.

Solso added that engine sales for the Dodge Ram and industrial markets as well as sales in Cummins' other business segments experienced solid growth from 2002's third quarter.

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