November 16, 2008 - The 4th China Corporate Citizens Forum and Commendation Conference was held in the Great Hall of the People in Beijing. Cummins (China) Investment Co., Ltd. and 49 multinational corporations including Intel, Coca-Cola, Hitachi and Lenovo and local The companies were included in the "2008 China Excellent Corporate Citizenship" list.
The selection activity was jointly organized by the CCTV Economic Channel, the China Society of Social Workers Corporate Citizenship Committee, and the Tencent Charitable Foundation. In addition to continuing the previous selection requirements, this year's selection highlights the performance of companies in the disaster relief.
"Serving and improving our community is one of Cummins' core values. Cummins China's corporate social responsibility construction focuses on the three major areas of education support, distress, and environmental protection. In 2008, Cummins donated more than RMB 12 million in donated goods and materials for public welfare activities in China.
In the May 12 Earthquake, Cummins China not only donated RMB 1 million to the Red Cross Society of China urgently the next morning, but also actively combined its own industry characteristics to set up a “rescue and disaster relief free service support team†as soon as possible. All kinds of emergency rescue equipment equipped with Cummins engines in the disaster area provided free parts, lubricants and other consumables, as well as corresponding maintenance and service support, which provided strong guarantee for the normal use of disaster relief equipment in high temperature, high humidity, and high dust conditions. , the host factory and the end user's extensive praise. Cummins has accumulatively donated more than 10 million yuan in donations, donations and parts and services to the earthquake-stricken areas in Sichuan.
All the companies that won the title of excellent corporate citizen passed a series of procedures such as recommendation, inspection, online public voting, expert group evaluation and comprehensive evaluation by the assessment committee.
Cummins in China
The history of Cummings and China dates back more than half a century to the 1940s. On March 11, 1941, the President of the United States, Franklin Roosevelt, signed the Lease Act and provided wartime assistance to 38 countries, including China. The "Lending Act" includes military defense patrol boats equipped with Cummins engines and military trucks.
At the end of 1944, a Chongqing company sent a letter to Cummins Corp. seeking to establish commercial ties and conduct localized production of Cummins engines in China. Erwin Miller, general manager of Cummins Engine Co., expressed great interest in this letter. It is hoped that Cummins will build a factory in China after the Sino-Japanese War. For reasons known to all, Mr. Miller's idea can only wait until the 1970s 30 years later. With the gradual relaxation of Sino-U.S. relations, it is expected to become a reality.
Cummins has invested more than US$240 million in China. As the largest foreign investor in China’s diesel industry, Cummins’ business relationship with China began in 1975, when Mr. Erwin Miller, Cummins’s chairman, visited Beijing for the first time. One of the earliest US entrepreneurs to seek commercial cooperation in China. When China and the United States established diplomatic relations in 1979, China’s opening to the outside world began. The first Cummins China office was established in Beijing.
Cummins was one of the earliest western diesel engine companies to produce engines in China. In 1981, Cummins started to produce engines in the Chongqing engine plant. In 1995, Cummins' first Chinese joint venture engine factory was established. So far, Cummins has a total of 21 institutions in China, including 14 wholly-owned and joint ventures, and employs more than 5,400 employees. They produce engines, generator sets, alternators, filtration systems, turbocharger systems, and exhaust systems. Post-processing and fuel systems and other products have a service network of 12 regional service centers and more than 300 authorized dealers.
Cummins has long established a strategic alliance with large Chinese companies to achieve common development. As the earliest foreign-invested diesel engine company to come to China for local production, Cummins has established four engine joint venture plants with leading companies of commercial vehicles in China, including Dongfeng Motor, Shaanxi Automobile Group and Beiqi Foton, for more than two decades. Cummins 15 Eight of the eight engine families have been produced locally in China.
Cummins was the first foreign-owned diesel engine company to establish an R&D center in China. In August 2006, the engine technology R&D center set up by Cummins in cooperation with Dongfeng Corporation was officially opened in Wuhan, Hubei Province.
In 2007, Cummins sold more than US$1.7 billion in China, which was a 50% increase from 2006, accounting for nearly 10% of Cummins’ global sales, including joint ventures. China has become Cummins’ largest and fastest growing overseas market. .
About Cummins
Founded in 1919 and headquartered in Columbus, Indiana, Cummins Inc. is the only diesel company in the US Fortune 500 company and Fortune 2008's "World's Most Admired Companies" list.
Cummins is the world's largest independent engine manufacturer. Its product line includes diesel and alternative fuel engines, key engine subsystems (fuel systems, control systems, air handling, filtration systems, and exhaust gas treatment systems) and power generation systems. Cummins provides services to customers through its network of more than 500 distribution agencies and 5,200 dealerships in 190 countries and territories.
Cummins employs 37,800 people worldwide. In 2007, it had sales of US$13 billion, of which the international market outside the United States accounted for 54%, with an annual output of 890,000 engines and a net income of US$739 million.
View related topics: Cummins - world-class engine manufacturer
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