Cummins acquires energy storage technology

Posted on 05 Nov 2017 and read 633 times
Cummins acquires energy storage technologyCummins Inc ( has announced that it is acquiring the assets of Brammo Inc, which designs and develops battery packs for mobile and stationary applications.

Adding Brammo’s battery-pack expertise and resources is seen as an important milestone in Cummins’ efforts to become a “global electrified power leader”.

Tom Linebarger, chairman and CEO of Cummins Inc, said: “To be a leading provider of electrified power systems, just as we are with diesel- and natural gas-driven powertrains, we must own key elements and sub-systems of the electrification network.

“By adding the expertise of Brammo and its employees to Cummins, we are taking a step forward in our electrification business and differentiating ourselves from the competition.”

This acquisition is subject to the customary ‘closing conditions’, but it should be completed by the end of the year.

Be seen in all the right places!

Indusmach Africa 2018 (Kenya) TCT Show 2018 Maktek Eurasia 2018 MTA Hanoi 2018 Advanced Engineering UK 2018 Metalex 2018 Indusmach Africa 2018 (Tanzania) Machine Tool Indonesia 2018 India Export News Steelfab 2019 Expo Manufactura 2019 MACH 2020