Cummins Supports Tax Reform Efforts that will lead to Increased Competitiveness and Job Growth
Today, Cummins Inc. (NYSE:CMI) Chairman and CEO Tom Linebarger issued
the following statement regarding the release of the unified Tax Reform
Framework:
“Comprehensive tax reform is critical and urgent. It will drive growth
in our company and other U.S. companies, big and small, allowing us to
add new jobs and strengthen our communities. I am encouraged by the Big
Six proposal released today, which contains important elements including
a lower corporate tax rate and moving to a territorial tax system, both
of which will make us more competitive globally. I urge Congress to move
swiftly to reform the current outdated system.”
About Cummins Inc.
Cummins Inc., a global power leader, is a corporation of complementary
business units that design, manufacture, distribute and service diesel
and natural gas engines and related technologies, including fuel
systems, controls, air handling, filtration, emission solutions and
electrical power generation systems. Headquartered in Columbus, Indiana,
(USA) Cummins currently employs approximately 55,400 people worldwide
and serves customers in approximately 190 countries and territories
through a network of approximately 600 company-owned and independent
distributor locations and approximately 7,400 dealer locations. Cummins
earned $1.39 billion on sales of $17.5 billion in 2016. Press releases
can be found on the Web at www.cummins.com.
Follow Cummins on Twitter at www.twitter.com/cummins
and on YouTube at www.youtube.com/cumminsinc.
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Copyright Business Wire 2017
Source: Business Wire
(September 27, 2017 - 7:18 PM EDT)
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