China: Cummins expects to double turnover by 2010

摘要

CUMMINS intends to more than double its sales in China by 2010, Reuters has reported, quoting a senior official. According to Wang Hongjie, vice chairman for China, the company's turnover was close to US$1bn in 2005. It expects to have annual sales of US$2.5bn by 2010. In order to achieve this target, Cummins plans to invest an additional US$100m to develop its research and manufacturing facilities, Hongjie added.