Cummins And Komatsu Align To Enhance Global Communities With Corporate Responsibility Partnership

Cummins Inc.

said that it aligned with Komatsu to enhance global communities with the establishment of corporate responsibility partnership throughout the world. In a statement, the company stated that the alliance would create the companies' strong business relationship. According to Cummins' CEO, Tom Linebarger, "For decades, Cummins and Komatsu have built a strong and growing business relationship. We share common goals and aspirations for our respective businesses, as well as for the people living in our communities. Using the strength of our employees' skills, our global presence and our strong business partnership, we can provide opportunity to those most in need. This is a win for Cummins, a win for Komatsu, but most importantly a win for our communities." Similarly, Komatsu CEO, Tetsuji Ohashi, said "We share a common commitment to producing and supporting products in a responsible manner, as well as to strengthening education and improving opportunities for the people of the communities where we do business". He added, "A partnership that helps the people of our communities will only make our business partnership stronger. It is with great enthusiasm that Komatsu enters into this global collaboration with a trusted partner like Cummins." On Monday, shares of the company traded up by 1.54%.