Cummins Inc. (NYSE:CMI) announced the sale of a part of its light duty filtration operations to Evanston, Illinois-based private equity firm Industrial Opportunity Partners LLC in order to streamline the business.
The move will help the company tap significant growth opportunities in the development and deployment of filtration products in the midst of tightening global emission standards.
The sale will affect the company’s Kuss Filtration businesses in Findlay, Ohio, Bloomer, Wisconsin, Sao … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards