Cummins Inc. has reported third quarter 2003 sales of $1.63 billion and net earnings of $24 million.
The engine maker said sales for the quarter increased 6% to $95 million compared to the same period last year, and that its year-to-date sales were $4.56 billion.
"Cummins' improved performance this past quarter reflects our efforts to position the company for the emerging economic recovery," said Tim Solso, chairman & CEO.
Solso added that engine sales for the Dodge Ram and industrial markets as well as sales in Cummins' other business segments experienced solid growth from 2002's third quarter.
