Cummins Westport Inc. (CWI), the natural gas engine joint-venture company of Westport Innovations and Cummins Inc., posted record revenue numbers in the second quarter: $78 million in revenue, representing 38% growth year over year.
‘CWI volume in North America grew by 25 percent, with strength in all segments, but significant growth in trucking – including the launch of the Cummins Westport ISX12 G in April,’ said David Demers, CEO of Westport.
‘Interest in this new engine continues to be strong, as large fleets begin to test natural gas in their operations. This opens up opportunities for the new Westport iCE PACK LNG Tank System that is optimized for spark-ignited engines,’ he added.
The 400 hp version of the ISX12 G begins production this month, which CWI believes will help push continued growth in the trucking segment.
CWI's strong performance was a highlight for Westport overall, which posted revenues of $34.9 million for the quarter (independent of CWI and other JVs), compared with $49.1 million during Q2 2012.
