“The Hilite acquisition demonstrates how Cummins benefits from macroeconomic trends that support our future growth, such as globalization, increasingly stringent emission standards and energy availability,” said Tom Linebarger, Cummins chairman and chief executive officer. “Adding Hilite’s technology and capabilities will help Cummins continue to capitalize on these macroeconomic trends and grow into the future.”
Cummins said the selective catalytic reduction dosing system developed by Hilite will complement existing its aftertreatment technology, which includes controls, sensors, catalysts, substrates and packaging.
“This acquisition puts Cummins in a strong position to meet the needs of current customers and grow into new markets, especially as an increasing number of regions around the world adopt tougher emissions standards,” said Srikanth Padmanabhan, vice president and general manager of CES. “Our strength is our ability to effectively integrate all of the aftertreatment technology for efficient and clean diesel power.”
As part of the acquisition, terms of which were not released, 133 former Hilite employees have joined Cummins and the business will continue to operate from the plant at Marktheindenfeld for the foreseeable future.
