Andrew Penca, Commissioner of Indiana Workforce Development, will join Cummins (NYSE:CMI) Dec. 3 as Assistant to President Joe Loughrey, the Company announced today. Penca’s duties will be split between Cummins project work and supporting Loughrey’s efforts as Chairman of Conexus Indiana, a statewide advanced manufacturing and logistics initiative. Conexus’ primary goal is to attract and educate young people in the state as they pursue careers in advanced manufacturing and logistics.
Penca joined Indiana Workforce Development in early 2005 and has served as Commissioner since October 2006. In his role with the state, Penca was instrumental in working with employers and state and local government officials to develop and implement programs and policies aimed at raising the education and skill levels of Indiana’s workforce.
Penca also brings extensive auto-related experience to Cummins. He spent roughly six years at Honda R&D Americas, Inc. in the advanced product planning and concept development department where he served in roles ranging from research analyst to senior specialist. During his time with Honda, he led concept teams responsible for the development of the current Acura TL, Honda Element, and Honda’s first ever pickup, the Ridgeline.
Penca, a native of Peoria, Ill., earned his bachelor’s degree in Business Administration, with honors in International Management, from Butler University in 1996 and his MBA in finance and accounting from the University of Southern California in 2003. He currently lives in Carmel with his wife, Laurie, and their two sons, Andrew and Landon.
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 serves customers in more than 160 countries through its network of 550 Company-owned and independent distributor facilities and more than 5,000 dealer locations. Cummins reported net income of $715 million on sales of $11.4 billion in 2006. Press releases can be found on the Web at www.cummins.com.
Information provided in this release that is not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company’s expectations, hopes, beliefs and intentions on strategies regarding the future. It is important to note that the company’s actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including, but not limited to, general economic, business and financing conditions, labor relations, governmental action, competitor pricing activity, expense volatility and other risks detailed from time to time in Cummins Securities and Exchange Commission filings.
Contacts:
Mark Land, Director of Public Relations, 317-610-2456
mark.d.land@cummins.com
