Cummins Inc. (NYSE: CMI) has completed the acquisition of Jacobs Vehicle Systems (JVS) from Altra Industrial Motion Corp.
According to a press release, Jacobs Vehicle Systems is a supplier of engine braking, cylinder deactivation, start and stop, and thermal management technologies.
The addition of JVS provides new technologies which will create growth opportunities for Cummins’ present and future engine platforms.
The acquisition will also secure critical USMCA qualified engine components for current and aftermarket products and expands Cummins’ offerings to customers globally.
Engine braking and cylinder deactivation will be vital elements in meeting current and future emissions regulations, and the acquisition allows Cummins to integrate these crucial 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.”
Jacobs Vehicle Systems operations will report to Cummins Turbo Technologies, a business unit headed by Shon Wright, the vice president of Cummins Turbo Technologies.
Established in 1961, JVS employs approximately 600 people and has more than sixty years’ expertise in engine retarding and valve actuation systems for the commercial vehicle industry.
JVS has two primary manufacturing facilities in Bloomfield, CT (U.S.) and Suzhou, China.