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| Cummins Forming New Distribution Joint Venture in Middle East3/29/2016 6:07:47 PM | | Cummins (NYSE:CMI), a diesel engine manufacturer, said Tuesday it is forming a new joint venture in the Middle East with Saudi conglomerate The Olayan Group. The new 50:50 joint venture, which will be named Cummins Arabia, will consolidate the distribution of Cummins products in the United Arab Emirates, Saudi Arabia and Kuwait. It will be headquartered in Saudi Arabia. Shares were marginally low... | | Diesel Engines Then and Now - How the Emission Reduction Devices Were Developed3/29/2016 1:43:54 AM | | The first Diesel engines were started 130 years ago, but they have moved a long way since then.Like their gasoline counterparts, the compression ignited engines have evolved from the rough units of the late 19th Century to reliable and refined units of today. However, the Dieselgate scandal showed us that getting them to match modern emission regulations is not easy.At first, Diesel engines start... |
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