Member News: Eaton and Cummins Inc. Announce Joint Venture
NFPA member news is designed to inform members of key industry updates in quick, bite-sized posts that provide only the most important information. This week’s update comes from Eaton Corporation and Cummins Inc.
Eaton Corporation and Cummins Inc. announced an agreement to form a joint venture — called Eaton Cummins Automated Transmission Technologies — which will specialize in automated transmissions for heavy-duty and medium-duty commercial vehicles. Each company will be 50 percent owner in the global venture. The transaction is expected to close in the third quarter of 2017.
Read the full release here.
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