Cummins completes Jacobs acquisition

By Mike Brezonick14 April 2022

Cummins Inc. announced that it has closed on its acquisition of Jacobs Vehicle Systems (JVS) from Altra Industrial Motion Corp.

Announced in February, Cummins reportedly paid $325 million for the Jacobs business, which Altra said generated approximately $193 in revenue in 2021.

Jacobs Vehicle Systems Cummins has completed its acquisition of Jacobs Vehicle Systems, a supplier of engine brakes and other valve actuation technologies. (Photo: Jacobs Vehicle Systems)

Jacobs Vehicle Systems is a supplier of engine braking, cylinder deactivation, start and stop and thermal management technologies. The addition of JVS brings new technologies that will provide growth opportunities for Cummins’ current and future advanced engine platforms. Cummins said the acquisition secures critical USMCA (United States-Mexico-Canada Agreement) qualified engine components for current and aftermarket products and expands on Cummins’ offerings to customers globally.

Engine braking and cylinder deactivation will be key components to meeting current and future emissions regulations, and Cummins said the acquisition allows it to better integrate these important technologies into its emissions-leading medium and heavy-duty engines.

“Now that this deal has closed, we are excited to welcome JVS’ engineering expertise, best in class products and employees into the Cummins organization,” said Jennifer Rumsey, Cummins’ president and chief operating officer. “Adding Jacobs’ engine braking and cylinder deactivation technologies creates new growth and technical opportunities to advance our path to zero emissions strategy to achieve net-zero carbon emissions by 2050.”

Operations from Jacobs Vehicle Systems will report into Cummins Turbo Technologies, a business unit led by Shon Wright, vice president of Cummins Turbo Technologies, that resides within the company’s Components segment.

Founded in 1961, JVS has roughly 600 employees and more than 60 years of experience in engine retarding and valve actuation systems for the commercial vehicle industry. JVS has two primary manufacturing facilities in Bloomfield, Conn., and Suzhou, China.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
The changing role of construction equipment dealers
A special report on what the modern dealer does and what role it will play in the future
VJ Technology trials site container store
UK firm trials on-site building supply alternative
From automation to autonomy
Magnus Thibblin of Hexagon Geosystems division describes the future construction site
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA