
News
Cummins Acquires SCR Doser Assets from Hilite International
July 18, 2012 By Aggregates & Roadbuilding
July 18, 2012, Columbus, IN – Cummins Inc. (NYSE: CMI) announced today that it has completed
the acquisition of the emission control assets of Hilite International in
Marktheidenfeld, Germany.
July 18, 2012, Columbus, IN – Cummins Inc. (NYSE: CMI) announced today that it has completed
the acquisition of the emission control assets of Hilite International in
Marktheidenfeld, Germany. The Hilite assets are now part of Cummins Emission
Solution (CES), positioning the company to serve all major market applications
with a Cummins doser.
Cummins Chairman and Chief Executive
Officer Tom Linebarger said, "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. Adding Hilite's technology and capabilities will help Cummins
continue to capitalize on these macroeconomic trends and grow into the future.”
The selective
catalytic reduction dosing (SCR dosing) system developed by Hilite will
complement existing Cummins after-treatment 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 emission
standards,” said Srikanth Padmanabhan, Vice President and General Manager of
CES. “Our strength is our ability to effectively integrate all of the after-treatment
technology for efficient and clean diesel power.”
As part of the acquisition, 133 former Hilite
employees have joined Cummins and the business will continue to operate from
the plant at Marktheindenfeld for the foreseeable future.
The
market for after-treatment products is expected to grow as governments around
the world adopt tougher emissions regulations. Over the past decade, regulatory
agencies in the United States and the European Union have tightened the level
of permissible emissions of particulate matter (PM), oxides of nitrogen (NOx),
carbon monoxide (CO), and un-burnt hydrocarbons (HC). Mature market on-highway standards
are now being implemented in emerging markets like China, India, Brazil and Russia,
as well as off-highway markets primarily in the United States, Europe and Japan.
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