September 30, 2011
CMD’s High-Speed Diesel Marine Systems Transitioning to Mercury Marine Sales and Support Channels
CHARLESTON, S.C. – Cummins MerCruiser Diesel (CMD) announced today that Mercury Marine will assume future responsibility for the worldwide sales, service, distribution and support of CMD’s range of high-speed diesel marine engine systems (under 5 liter displacement), including the TDI/SDI range of Volkswagen engines.
The transition of responsibilities from CMD to Mercury Marine has begun and is anticipated to continue into 2012. Mercury and Cummins Inc., parent companies of the CMD joint venture, are working to ensure a smooth and orderly transition of the business.
“This move enables us to leverage Mercury’s extensive global sales, service and distribution channels to more effectively serve our customers,” said Mark Schwabero, president of Mercury Marine. “We look forward to continuing our relationship with Cummins.”
Cummins and Mercury established the CMD joint venture in 2002 with the purpose of supplying integrated diesel propulsion systems to the worldwide recreational and commercial marine markets.
“Both CMD and Mercury Marine are working closely together to ensure this transition is trouble-free for our customers, who will also continue to be able to rely on CMD for the balance of their propulsion requirements above the high speed range.” said Alex Savelli, President – Cummins MerCruiser Diesel.
The agreement to transition the high-speed diesel products to Mercury Marine is consistent with efforts by Cummins, Mercury and CMD to realign their business appropriately for new and very different market conditions.
About CMD
Based in Charleston, South Carolina (USA), Cummins MerCruiser Diesel is responsible for designing, manufacturing and providing reliable after-sales support worldwide for marine propulsion products. It offers a broad range of power, with available ratings from 40-715 hp for recreational applications and 150-715 hp for commercial use. Cummins MerCruiser Diesel is a joint venture between Cummins Inc. and Mercury Marine and can be found on the internet at www.cmdmarine.com.
About Cummins
Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins employs approximately 40,000 people worldwide and serves customers in approximately 190 countries and territories through a network of more than 600 company-owned and independent distributor locations and approximately 6,000 dealer locations. Cummins earned $1.0 billion on sales of $13.2 billion in 2010. Press releases can be found on the Web at www.cummins.com.
About Mercury Marine
Headquartered in Fond du Lac, Wis., Mercury Marine is the world’s leading manufacturer of recreational marine propulsion engines. A $2 billion division of Brunswick Corporation (NYSE: BC), Mercury provides engines, boats, services and parts for recreational, commercial and government marine applications. Mercury’s industry-leading brand portfolio includes Mercury and Mariner outboard engines; Mercury MerCruiser sterndrive and inboard packages; MotorGuide trolling motors; Mercury propellers; Mercury inflatable boats; Mercury SmartCraft electronics; Attwood marine parts; Land ‘N Sea marine parts distribution; and Mercury and Quicksilver parts and oils. More information is available at www.mercurymarine.com.
Contact
David Dwight
VP Global Marketing, Sales and Integration
CMD Marine (Cummins MerCruiser Diesel Marine, LLC)
+1 843-323-9726 (mobile)
+1 843-745-5567 (office)
David.Dwight@CMDMarine.com
