In a marriage seemingly written in the stars, Cummins on Wednesday announced it plans to acquire Jacobs Vehicle Systems. Jacobs in 1961 introduced the first engine brake, the “Jake Brake,” which was ...

Cummins is a company on fire, in every positive sense. It recently announced the acquisition of Jacobs Vehicle Systems and Meritor Inc., thus expanding, diversifying, and strengthening prospects for ...

Cummins Inc. struck a deal to acquire Jacobs Vehicle Systems from Altra Industrial Motion Corp. for $325 million. The deal is expected to be finalized by the end of the year, following the usual ...

Jacobs has two primary manufacturing facilities in Bloomfield, Connecticut, and Suzhou, China, and Cummins expects to invest additional capacity and resources into those operations. To help it in ...

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced the signing of an agreement to acquire Jacobs Vehicle Systems (JVS), a subsidiary of Altra Industrial Motion Corp., and a ...

Altra Industrial Motion Corp. announced it entered into an agreement to sell its Jacobs Vehicle Systems business to Cummins Inc. for $325 million. JVS, whose technology is focused on engine retarding ...