Cummins CEO touts $30 billion goal

COLUMBUS, Ind. — Despite fluctuations in the global economy, Cummins is holding on to its target of $30 billion in sales by 2015, Chairman and Chief Executive Officer Tom Linebarger said this morning.

All business groups are performing well, he said in an interview at the company's corporate headquarters in Columbus, and tightening emissions standards around the world are presenting significant opportunities for growth. Linebarger spoke in advance of Cummins' annual shareholder meeting, scheduled for 11 a.m. Tuesday at the Columbus Engine Plant.

Linebarger said that he was especially pleased that the company in 2011 produced record revenues of $18 billion and record profits of $1.85 billion, while managing to increase investments in the the company's future.

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