Cummins stands behind Filtration business

Cummins officials are not going to comment specifically on a Reuters News Service report that the company is about to sell off its filtration business, but did pour cold water on the idea in general.

The news agency reports that the business is worth more than $1.5 billion and in a story citing unnamed sources claims Cummins is working with an investment bank to prepare to run an auction for its filtration business in the next two months.

Jon Mills, Cummins spokesman, said in an e-mail that the company would not comment on rumors or speculation in the marketplace. However, he did say that “Filtration is not being sold and is an important part of Cummins.”

The Reuters story link