Cummins' Turnaround, Led by CEO Tim Solso '69, "Amazes"

May 6, 2007

May 6, 2007, Greencastle, Ind. - The efforts to turn around Cummins Inc., led by chairman and CEO Tim Solso, "have led to three straight years of record profits and earnings, improved flexibility and greater product diversity," reports Indiana's Columbus Republic. Cummins and Solso, a 1969 graduate of DePauw and member of the University's Board of Trustees, are featured in a series of reports that began in today's newspaper.

"The successes also have produced challenges that differ markedly from those encountered a few years ago: Today, the company worries less about where to cut costs and much more about where to invest to take advantage of a slew of opportunities in virtually every business group and in virtually every geographic market," writes Boris Ladwig. "By 2010, the company is projected to produce sales of about $16 billion. 'It's conceivable that we could be a $20 billion company,' Solso, the CEO, said Friday in a pre-annual meeting briefing with the Republic.

Access the story, headlined "Cummins turnaround amazes," at the newspaper's Web site.

Learn more about Tim Solso in this previous article.

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