Cummins Power announces price increase on new
Tier 2 products
Fridley, MN— Cummins Power
Generation, a division of Cummins Inc., announced an average price
increase of 18 percent on 750 kilowatt to 2000 kilowatt diesel
generator sets transitioning from Tier 1 to Tier 2 levels of EPA
non-road emissions regulations effective January 1, 2006.
Price increases will range from
$16 to $19 per kilowatt above current Tier 1 price levels.
The higher prices reflect the
additional value of the advanced technology used to achieve the
lower emission levels required by EPA Tier 2 regulations. The
price increases also reflect the rising cost of raw materials
used in the manufacturing process.
“These adjustments are
part of Cummins’ strategic response to market conditions
and support our leadership position in compliance with new emission
standards in the U.S. market,” said Tony Satterthwaite,
vice president of the Commercial Generator Set Business at Cummins.
On January 1, 2007, all stationary
applications will have to meet Tier 2 regulations as part of the
EPA New Source Performance Standard. Cummins Power Generation
will announce 2007 pricing levels on November 1, 2006.
Cummins Power Generation generator
sets are used for emergency standby power in a variety of industrial
applications. These sets are also used for electrical power in
nonroad applications, such as temporary rental solutions.