COLUMBUS, Ind., (April 16, 2003) — Cummins has announced that it has been awarded the 2002 PACCAR Cost Management Partnership (CMP) award, which recognizes suppliers for innovative and efficient cost reduction ideas that benefit PACCAR, their suppliers and their common customers. Cummins is the only engine supplier to ever receive the award from PACCAR, the parent company of truck OEMs Kenworth and Peterbilit.

CMP is a process used by PACCAR and its suppliers to jointly achieve cost reductions. Suppliers are challenged to work with PACCAR to find ways to reduce the total life cycle cost of their product, including design changes, adjustments to the assembly process at either the supplier or PACCAR’s factories, or creative marketing programs that directly impact the end-customer.