Cummins is announcing a new record-setting quarter this morning.
The company reports that it had second quarter revenues of $6.1 billion dollars. That’s an increase of 21 percent from the same quarter last year.
Company officials say that the demand for trucks , construction, mining and power generation equipment all improved.
Sales in North America improved by 22 percent, according to the quarterly report.
Earnings before interest, taxes, depreciation and amortization in the second quarter were $897 million, or 14.6 percent of sales. That is up from $764 million or 15.0 percent of sales a year ago.
Based on the current forecast, the company expects full year revenues to be up 15 to 17 percent.