Cummins Engine is joining its automotive and industrial businesses into a single-engine subsidiary that will total more than $2 billion in sales.
Combining the units will allow the Columbus, Ind.-based company to improve management of its plants, technical centers and distributors to better serve customers that are in both the automotive and industrial businesses, according to Tim Solso, president and chief executive officer.
Current executive vice president and group president of the industrial division, F.J. Loughrey, will head the new unit. Roberto Cordaro, group president of the automotive unit, has left.
The automotive business' first-half sales rose 9.8 percent to $1.58 billion. Industrial-engine sales fell 8.5 percent to $515 million. Cummins overall shares rose 39 percent this year following a 40 percent share decline in 1998, when higher-than-expected manufacturing and warranty costs reduced profit, according to the company.
In other Cummins news, chairman and CEO James Henderson will retire at the end of the year. He will be replaced by Solso, whom Henderson recommended to the board, the company said.
Terex Corp., Westport, Conn., promoted Colin Robertson to managing director of Terex Construction an dnamed Don Campbell managing director of Terex Powerscreen.
Allmand Bros., Holdrege, Neb., appointed Tom Castrop as sales manager for key accounts.
Tome Condor, Waco, Texas, appointed Larry Kinder to buyer, John Munger to marketing services manager Minh Truong to accounting manager.
Mobile Tool International, a Westminster, Colo., manufacturer of aerial lifts, named Greg Petras general manager of its AmericQuip division, LaVerne, Calif.
Snorkel, St. Joseph, Mo., recently named Mike Henninger director of sales, John Schengal West Coast regional manager and Greg Johnson Great Lakes district manager.
Aichi America, Rockford, III., announced the addition of district manager Terry Dooley to its sales team.
Terex Handlers plans to add 16,805 square feet to its 56,000-square-foot plant in Baraga, Mich. The goal of the $2 million expansion is to increase production and tie together the current manufacturing facilities for improved material flow, officials say. The company, formerly Baraga Products, was acquired by Terex Corp. in 1997.
Perkins Engines has moved its North American headquarters from Livonia, Mich., to Novi, Mich. Diesel Distribution, a master distributor for Perkins Engines, has transferred its operations from Toronto to Mississauga, Ontario.
Toyota Industrial Equipment, the sales, service and marketing arm for Toyota forklifts in the United States, recently opened its national field office in Columbus, Ind.
Deere & Co., Moline, Ill., received the Dick Harris Data Integrity Award, an annual honor recognizing companies that exemplify timeliness, accuracy, consistency and good corporate citizenship. The award was presented by the Equipment Manufacturers Institute's Earthmoving and Excavator Statistics Committee.
John Anderson, president and CEO of U.S. Battery, Corona, Calif., was honored as one of the top three candidates in the industrial category in Ernest & Young's Entrepreneur of the Year awards. Sponsors of the award include Kauffman Center, CNN, USA Today, Nasdaq, Citibank and Marsh.
Sky Trak International is offering a Forklift Operator Training Program to support equipment owners and others who must conform to new OSHA requirements. Sky Trak is offering a training kit with all of the materials needed for the instructor and students to meet the regulations. For more information, contact Ken Cook at 414/466-6060.
The Crane Institute of America is holding training programs around the country on mobile cranes, overhead cranes, aerial access equipment and forklifts. For more information, call toll-free 800/832-2726.
