26172--2/26/2008--CUMMINS

related topics

{customer, product, revenue}

{product, liability, claim}

{operation, international, foreign}

{cost, regulation, environmental}

{condition, economic, financial}

{financial, litigation, operation}

{cost, operation, labor}

{competitive, industry, competition}

{investment, property, distribution}

Our business is affected by the cyclical nature of the markets we serve. Our products are subject to substantial government regulation. Our products are subject to recall for performance related issues. We cannot assure that our truck manufacturers and OEM customers will continue to outsource their engine supply needs. Our largest customer accounts for a significant share of our business. Our manufacturing operations are dependent upon third-party suppliers, making us vulnerable to supply shortages. We may be adversely impacted by work stoppages and other labor matters. Our products involve risks of exposure to product liability claims. Our operations are subject to extensive environmental laws and regulations. We are exposed to political, economic and other risks that arise from operating a multinational business. We are subject to currency exchange rate and other related risks. We face significant competition in the markets we serve. We face risks through our equity method investments in companies that we do not control. We face reputational and legal risk from affiliations with joint venture partners

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26172--2/26/2008--CUMMINS_INC