Print or download Board N-1 . Blog Sign In. Jacobs Vehicle Systems's headquarters is in Bloomfield Connecticut, USA Industry: Transportation Equipment Manufacturing. Read More. Read more here. The transaction is subject to customary closing conditions, including receipt of required regulatory approvals, and the Company anticipates it […] 2019 Grade. Popular Searches. Jacobs Vehicle Systems, a subsidiary of Altra Corp., makes and sells engine retarding and valve actuation products -- otherwise known as engine braking systems -- primarily for diesel engines used in . Jacobs Vehicle Systems. The acquisition also secures critical USMCA qualified engine components for current and aftermarket products and expands on Cummins Turbo Technologies' success . "Today's announcement is fully aligned with our strategy to focus Altra's portfolio on highly engineered products in the motion control and power transmission markets," said Carl Christenson, Altra's Chairman and Chief Executive Officer. Jacobs Vehicle Systems, Inc. develops and manufactures commercial vehicle retarding systems and valve actuation technologies. READ MORE: Cummins to Acquire Jacobs Vehicle Systems JVS, whose technology is focused on engine retarding and valve actuation systems, generated approximately $193 million in revenue in 2021 . BRAINTREE, Mass., Feb. 09, 2022 (GLOBE NEWSWIRE) — Altra Industrial Motion Corp. (Nasdaq: AIMC) ("Altra" or the "Company"), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that it has entered into . ]The post Altra . It develops and manufactures commercial vehicle retarding systems. In the last two weeks it announced the acquisition of Jacobs Vehicle Systems and Meritor Inc., thus expanding, . Meritor was formerly Rockwell Automotive, spun off in 1997 by . Altra Industrial Motion Corp. announced that it has entered into an agreement to sell its Jacobs Vehicle Systems (JVS) business to Cummins Inc. for $325 million. Jacobs Vehicle Systems Inc. JACOBS VEHICLE SYSTEMS. Scroll the below tabs horizontally to view more details. (Employees figure is estimated). February 2022 - Altra Industrial Motion Corporation has entered into an agreement to sell its Jacobs Vehicle Systems (JVS) business to Cummins Inc. for USD 325 million. Enterprise Pricing API. H1B LCAs. Cummins is paying $3.7 billion for the company by purchasing its common stock at a considerable premium over its prior trading prices. Jacobs Vehicle Systems has historically raised $0 in funding Where is Jacobs Vehicle Systems's headquarters? 948. Can be used as content for research and analysis. Meritor also markets a slew of aftermarket parts, another source of hefty revenue. 10 January 2022 Cummins signed an agreement to acquire Jacobs Vehicle Systems (JVS), a subsidiary of Altra Industrial Motion Corporation, and a supplier of engine braking, cylinder deactivation, start and stop, and thermal management technologies. JACOBS VEHICLE SYSTEMS. Jacobs Vehicle Systems Europe, s.r.o. Cancel. See what employees say it's like to work at Jacobs Vehicle Systems. 2. It generated ~$193 million in revenue in 2021. Founded in 1961, Jacobs Vehicle Systems has roughly 600 employees and more than 60 years of experience in engine retarding and valve actuation systems for the commercial vehicle industry. Other Commercial Products . Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. 98.2%. The acquisition of JVS . In the last two weeks it announced the acquisition of Jacobs Vehicle Systems and Meritor Inc., thus expanding, . The business generated approximately $193 million in revenue in 2021. They cover business area such as manufacturer, supplier, engine brake, exhaust, bleeder, compression release, engine retarding, valve actuation technology, client, productivity, customer delivery schedule, cost, waste. N/A. Get Directions. See what employees say it's like to work at Jacobs Vehicle Systems. Altra Industrial Motion Corp. said it would sell its Jacobs Vehicle Systems business to Cummins Inc. for $325 million. Jacobs Vehicle Systems™ Jacobs Vehicle Systems , Inc. Jacobs Vehicle Systems, Inc. Revenue. 3/3. Company Description: Jacobs Vehicle Systems Europe, s.r.o. We help vehicle owners and drivers reduce operating costs, maintain downhill control speed and reduce stopping distances for improved driver comfort . Cummins announced it will purchase Jacobs Vehicle Systems, manufacturer of cyliinder deactivation technology (shown), compression brakes and other valvetrain technologies, for $325 million. Low Confidence. Verified customers. See insights on Jacobs Vehicle Systems including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Jacobs Vehicle Systems is headquartered in Bloomfield, Connecticut and was founded in 1961. Over nine million engine brakes sold! The agreement brings the addition of new technologies to provide growth opportunities for Cummins' current and future advanced diesel engine platforms. The company's brake retarder products are sold to all North American heavy-duty diesel engine manufacturers, plus large European and Asian manufacturers. 2010 - 2020. With $13 billion in revenue and a talent force of more than 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for . Pune, Maharashtra, India Phone: +91 96577 19543. Founded. | Jacobs Vehicle Systems®, the world's leading manufacturer of diesel and natural gas engine retarding systems and valve actuation mechanisms, provides engine brakes, emissions solutions to medium and heavy-duty engine . revenues $14,984,646 $10,022,788 $10,964,157 operating profit 647,971 392,269 338,598 net earnings attributable to jacobs 163,431 293,727 210,463 per share information: basic eps $ 1.18 $ 2.43 $ 1.75 diluted eps 1.17 2.42 1.73 stockholders' equity 42.21 36.78 35.26 closing year-end stock price 76.50 58.27 51.72 … Top products. Article Related Press Releases (1) Stock Quotes (2) FREE Breaking News Alerts from . One of our sales representative will call you soon. The team would choose a card from the first deck to determine the audit location. Jacobs (Suzhou) Vehicle Systems Co., Ltd. 19# building, 99 Gangtian Road, Suzhou Industrial Park Suzhou China 215024 Phone: +86 512 62993200 Fax: +86 512 62993066. The business generated approximately $193 million in revenue in 2021. $280.7 M. Employees. Altra Enters Agreement to Divest Jacobs Vehicle Systems Business. Altra Industrial Motion said Wednesday it has reached a deal to sell its Jacobs Vehicle Systems business to Cummins Inc. for $325 million. REQUEST DEMO . Cummins Inc. (NYSE: CMI) today announced the signing of an agreement to acquire Jacobs Vehicle Systems (JVS), a subsidiary of Altra Industrial Motion Corp., and a supplier of engine braking . (860) 243-1441. Primary Industries. Jacobs Vehicle Systems is Other Commercial Products in United States that focus on valve actuation technology business. Altra Industrial Motion (AIMC) to Sell Jacobs Vehicle Systems Business to Cummins (CMI) for $325 million. It offers its products to heavy-duty diesel engine manufacturers in Asia and Europe. Get detailed and holistic information on all Indian and Global business entities - Connect2India Cummins and Meritor had been in talks for several months leading to Tuesday's announcement. Cummins announced it will purchase Jacobs Vehicle Systems, manufacturer of cyliinder deactivation technology (shown), compression brakes and other valvetrain technologies, for $325 million. Home Blog Pro Plans B2B solution Login. "We believe that the sale of Jacobs Vehicle Systems to Cummins, a well . is located in Modřice, Czech Republic and is part of the Coating, Engraving, Heat Treating, and Allied Activities Industry. JAY Handel is serving as VP Finance in the Jacobs Vehicle Systems is an active company headquartered in Bloomfield, CT in the states of CT.The Jacobs Vehicle Systems office address is located at 22 East Dudley Town Rd, Bloomfield, CT, 06002, United States.The company comes under Automotive/Transportation->Auto Parts/Auto Services industries. Jacobs Vehicle Systems | 2,570 followers on LinkedIn. Salaries, reviews, and more - all posted by employees working at Jacobs Vehicle Systems. Verified reorders. Grade Insights. Cummins Inc. said the deal for the supplier of engine . Jacobs Vehicle Systems manufactures parts for commercial vehicles. For nearly 60 yrs, we have been a partner in the industry's quest for safe, reliable & efficient commercial vehicles. Cummins Inc. struck a deal to acquire Jacobs Vehicle Systems from Altra Industrial Motion Corp. for $325 million. 32 Jacobs Vehicle Systems reviews. The company was founded in 1961 and is headquartered "We believe that the sale of Jacobs Vehicle Systems to Cummins, a well-established leader in the heavy-duty trucking industry, will give the JVS business an opportunity to thrive with more . Advanced searches left . 114. 25th May 2021. 3.6 / 5. "Today's announcement is fully aligned with our strategy to focus Altra's portfolio on highly engineered products in the motion control and power transmission markets," said Carl Christenson, Altra's Chairman and Chief Executive Officer. TODAY ONLY! Jacobs Vehicle Systems®, the world's leading manufacturer of diesel and natural gas engine retarding systems and valve actuation mechanisms, provides engine brakes, emissions solutions to medium and heavy-duty engine makers around the world. Salaries, reviews, and more - all posted by employees working at Jacobs Vehicle Systems. February 9, 2022 7:30 AM | 3 min read. 19# BUILDING, 99 GANGTIAN ROAD SUZHOU, JIANGSU CN. Totsuka-cho . The business generated approximately USD 193 million in revenue in 2021. The card selected from the second deck indicated the process to audit, showing acceptable results on one side (colored green) and . Oct 2018 - Sep 2019. Get Jacobs Vehicle Systems, Inc. company's verified contact number +1*****616, web address, revenue, total contacts 2, industry Other and location at Adapt.io by Globe Newswire, Contributor. H1B Salaries. Europe. (RTTNews) - Cummins Inc. (CMI), a diesel, alternative fuel engines, and related components company, said on Wednesday that it has inked a deal to acquire Jacobs Vehicle Systems or JVS, a subsidiary of Altra Industrial Motion Corp., and a supplier of engine braking, cylinder . Altra Industrial Motion Corp. announced it entered into an agreement to sell its Jacobs Vehicle Systems business to Cummins Inc. for $325 million. Jacobs Vehicle Systems has an estimated revenue and employee in the range of $10 to $50 million and 501-1000 respectively. Tire Changer Cylinder Spring Bar Assy Transmission Vehicle Can Purpose System Tire Changer . Jacobs Vehicle Systems INC H1B Sponsorship Data Favorite Compare . Updated Aug 17, 2021 . The deal is expected to be finalized by the end of the year, following the usual . Meritor was formerly Rockwell Automotive, spun off in 1997 by . Anything missing? Jacobs Vehicle Systems is a producer of brake systems. 1961. "Jacobs Vehicle Systems welcomes the opportunity to join the Cummins Engine Company and re-unite two companies initiated by Clessie Cummins and advanced significantly since then," Ernest said. Contact . Bloomfield, CT 06002. Jacobs Vehicle Systems® (JVS) is the leader in engine retarding and valve actuation technology. The company was incorporated in 1961 and is located in Bloomfield, United States. Jacobs Vehicle Systems, Inc. continues to develop innovative ways to integrate the retarding function into new diesel engine designs. Solutions Marketing Sales Recruiting. Manufacturing Location Jacobs Vehicle Systems Europe, s.r.o Evropská 864 664 42 Modrice, Czech Republic +420 533 314 111 Visit Europe website . Japan. The announcement came just two days after Cummins . How much revenue does Jacobs Vehicle Systems generate? "We believe that the sale of Jacobs Vehicle Systems to Cummins, a well-established leader in the heavy-duty trucking industry, will give the JVS business an opportunity to thrive with more . H1B Approvals. Jacobs Vehicle System, which employs 1 people.. Automotive . Meritor also markets a slew of aftermarket parts, another source of hefty revenue. About Our Story Sales Recruiting Careers Scholarship Program Customer Testimonials. 10 year avg. Jacobs Vehicle Systems, a subsidiary of Altra Industrial Motion Corp., makes masses of engine retarding and valve actuation products -- for those mechanically challenged, engine braking systems -- primarily for diesel engines used in heavy-duty commercial vehicles. We help vehicle owners and drivers reduce operating costs, maintain downhill control speed and reduce stopping distances for improved driver comfort . 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