Five companies, including three from Indiana, have been named as Cummins Inc.’s first Diverse Suppliers of the Year. The companies were honored at a recent dinner and trade show attended by top Cummins officials, including Chairman and Chief Executive Officer Tim Solso, Vice Chairman Joe Loughrey and President and Chief Operating Officer Tom Linebarger.
Solso says the Columbus, Ind.-based company is poised for rapid growth over the next five years, entering new markets and developing new products. “That means a lot of opportunities for our supply base,” says Solso, who earlier this year doubled Cummins’ goal to $1 billion in spending with minority-owned businesses by 2012. “We are very serious about what we are doing.”
Four different Cummins businesses and the company’s indirect purchasing organization named diverse suppliers of the year. The suppliers were chosen for their high-quality goods and services, dedication to efficiency and cost-cutting, and their commitment to public service. The winning companies:
Turbocam International of Barrington, N.H., which provides Cummins with a variety of machining products, was named Diverse Supplier of the Year by Cummins Turbo Technologies.
Columbus, Ind.-based LHP Software was named Diverse Supplier of the Year by Indirect Purchasing. LHP has been a key partner as Cummins has increased the use of electronic controls in its engines.
Beachwood, Ohio-based MCM Industries Inc. was named Cummins Filtration’s Diverse Supplier of the Year. The company offers a number of products, including bearings, roller chains, castings and springs.
Telamon Corporation of Carmel, Ind., was named Cummins Engine Business Diverse Supplier of the Year. The company provides Cummins with kitting, subassemblies and inventory management. It also is involved in a logistics contract that is helping Cummins obtain significant savings in currency exchange and inventory-related costs.
Columbus Components Group of Columbus, Ind., was named as Cummins Emission Solutions Diverse Supplier of the Year. CCG provides Cummins with complex stampings and welded assemblies.