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Cummins and Scania Launch New Joint Venture

7 January 1999

Cummins and Scania Launch New Joint Venture

    COLUMBUS, Ind.--Jan. 7, 1999--Cummins Engine Co., Inc. and Scania CV AB announced today that they have formally signed a joint venture agreement to assemble and test a new fuel system for diesel engines developed by the two companies. The joint venture, owned 70 percent by Cummins and 30 percent by Scania, will be named Cummins-Scania High Pressure Injection, L.L.C. The new company, located in Columbus, Indiana, began production January 1, 1999.
    The electronically-controlled fuel system, which is already available as part of Cummins' new Signature 600 engine, uses high-pressure injection technology and was developed to meet future emissions standards worldwide. "We are pleased to be able to further our relationship with Scania, a recognized world technical leader, with whom we developed this exciting new technology," said Cummins Chairman and Chief Executive Officer Jim Henderson.
    "The research and development period has been very constructive," said Hakan Samuelsson, Chief Technical Officer and Executive Vice President of Scania. "The new high-pressure injection system will enable us to strike an even better balance between fuel consumption and emissions. Scania will use the new system to supplement capacity for future products."
    Scania, headquartered in Sodertalje, Sweden, is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines.
    Cummins, headquartered in Columbus, Ind., is the world's largest producer of diesel engines above 200 horsepower, and provides products for customers in its key markets: automotive, power generation, industrial and filtration. Press releases by fax may be requested by calling News on Demand (toll free) at 888-329-2305. Cummins' home page on the Internet can be found at http://www.cummins.com.