Cummins Inc. Selected as One of The ``100 Best Places to Work in IT'' by IDG's Computerworld magazine
Posted on June 18, 2007 at 10:21 AM EDT
Cummins Inc. (NYSE:CMI) today was named as one of the “100 Best Places to Work in IT” by IDG Computerworld. This is the first time Cummins has made the Best Places to Work list, and the Company finished No. 43 overall and No. 20 on the list of best large companies.
For the past 14 years, Computerworld magazine has compiled an annual ranking of the 100 best work environments for IT professionals. The Best Places to Work feature will appear in the June 18 issue of Computerworld and online at www.computerworld.com/2007bestplaces.
The ranking is based on a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training and retention. In addition, Computerworld conducts extensive surveys of IT workers, and their responses factor heavily in determining the rankings.
“We are excited and honored to be among the companies on the Best Places to Work list,” said Cummins Chief Information Officer Gail Farnsley. “As a company, Cummins works hard to create an environment where diverse and talented employees can flourish.
“Our employees have made significant strides in recent years to transform the Cummins IT department into a world-class technology organization. This recognition is a validation that, as a company, we have created an atmosphere that recognizes and rewards such effort, and in which our employees feel valued.”
In order to be considered for a place on the Computerworld Best Places to Work list, a U.S. company must have $100 million in annual revenue and a minimum of 300 total employees and 50 IT employees. With revenue of $11.4 billion in 2006, Cummins is No. 221 on Fortune magazine’s list of the 500 largest U.S companies.
Cummins currently employs approximately 700 full-time IT employees, who provide a wide range of IT solutions to support the Company’s employees and businesses around the world.
Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins serves customers in more than 160 countries through its network of 550 Company-owned and independent distributor facilities and more than 5,000 dealer locations. Cummins reported net income of $715 million on sales of $11.4 billion in 2006. Press releases can be found on the Web at www.cummins.com.
Forward-looking disclosure statement
Information provided in this release that is not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company’s expectations, hopes, beliefs and intentions on strategies regarding the future. It is important to note that the company’s actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including, but not limited to, general economic, business and financing conditions, labor relations, governmental action, competitor pricing activity, expense volatility and other risks detailed from time to time in Cummins Securities and Exchange Commission filings.
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