Cummins Power Generation Announces 2010 Price Hikes
Cummins Power Generation Inc. said that prices for its commercial generator sets will rise between 1.5 and 2% in 2010. The price increases will take effect Jan. 1 and will cover the company’s products from 6 kW to 2.5 MW.
The increase is due primarily to current industry dynamics, increasing commodity prices and projected market conditions, Cummins Power Generation said. In addition, the company said that average prices of automatic transfer switches and paralleling systems will remain flat in 2010, thanks to industry dynamics and projected market conditions.
Cummins Power Generation also said that it will keep prices of consumer generator sets flat in 2010, due to industry dynamics and market conditions.
For more information: www.cummins.com