COLUMBUS, Ind. — Cummins Inc. revenues fell by 1 percent in 2015 to $19 billion, according to financial results released Thursday for the full year and last quarter of 2015.
North American revenues increased by 7 percent, while international sales declined 11 percent.
Cummins CEO Tom Linebarger said weak end markets and a stronger U.S. dollar attributed to the revenue shortages.
The company reduced its global workforce in late 2015 in response to a slowdown in global markets and third quarter revenues.
