Cummins acquires Brammo
US engine manufacturer Cummins has acquired the assets of Oregon-based Brammo for its battery pack expertise and resources in an effort to become a global electrified power leader.
The new operations will report to Cummins' recently formed electrification business led by executive director Julie Furber and will continue to be based in Talent, Oregon.
Cummins chief executive Tom Linebarger said: "To be a leading provider of electrified power systems just as we are with diesel and natural gas driven powertrains, we must own key elements and subsystems of the electrification network. By adding the expertise of Brammo and its employees to Cummins, we are taking a step forward in our electrification business and differentiating ourselves from our competition."
Founded in 2002, Brammo has made great strides in developing electric energy storage technology for mobile and stationary applications.
Brammo chief executive Craig Bramscher added: "Brammo's expertise across a broad range of applications uniquely positions us to enhance Cummins efforts to be a leader in the electrified power space. We see this as a very exciting opportunity to continue changing the way the world moves and stores power."