These are exciting times for Cummins. We have outstanding products and technology leadership, excellent partners, expanding markets and growing share, a disciplined approach to investments and a strong balance sheet. Our people are extremely well prepared to take advantage of the profitable growth opportunities before us.

Let me conclude by expressing my gratitude to the Cummins Board of Directors, whose guidance on behalf of the Company and its owners provides enormous value. I would like to single out the outstanding efforts of John Deutch, who has left the Board after serving as a member for 10 years. John has had a distinguished career both in government and in education, serving as a professor at the Massachusetts Institute of Technology since 1970. As a member of the Board’s Finance Committee and Chairman of the Technology and Environmental Committee, John could be counted on to ask the tough questions and lend valuable scientific insight to many issues affecting the Company. We wish him well in his future endeavors.

Finally, I want to express my appreciation to the 37,800 Cummins employees worldwide, as well as to our customers, suppliers, vendors, contractors and other stakeholders, including the communities where we work, for continuing to lend their support to this truly great company.

Tim Solso

Chairman and Chief Executive Officer
Cummins Inc.