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Fortune The magazine announced for 2009 year “the whole world most to receive on the other day respects the enterprise (World's Most Admired Companies)” the ranking, Commings company continuously second year being selected, was diesel engine company which only was on the post list of successful candidates.
IfFortune the magazine the investigation and study partner gathers the profit group (Hay Group) to select the global 1400 major industries, the division is 64 professions, each profession selection sales volume biggest first 15 international enterprises and first 10 American Enterprise, rest on including the innovation ability, the personnel manage, the property use ability, the social responsibility, the management quality, financial steadiness, the long-term investment value, the product and the grade of service, the global competitive power nine key indicators carry on the appraisal.The from around the globe 28 countries and the local 689 large-scale transnational enterprises participated in this evaluation, altogether has 363 companies to be selected for 2009 year “the whole world most to receive respects the enterprise” the announcement.
In 1919 established the Commings company was the global biggest independent engine manufacturer.Although receives the global economic crisis the adverse effect, 2008 year Commings company's sales volume and the profit still again created new high, the continual five year maintenance high speed growth, including joint venture's global sales volume achieved set a record 21,000,000,000 US dollars, in 2007 grew 12%.2003~2008 years period, Commings's annual mean shareholder invests the rate of return to reach as high as 27%, is higher than same time by far Standard & Poor index enterprise and the profession same type company.
Outside 08 year Commings US's international service occupies the company only sales volume (not including joint venture) 59%, in which especially is most outstanding take China and India as representative's emerging market performance.In 2008 Commings in China's including joint venture total sales volume exceed 2,300,000,000 US dollars, 07 years grows 33%, occupies Commings's whole world service the proportion further to enlarge, 9% rises from 07 years to 08 years 11%, the Chinese area already became the Commings whole world scale to be biggest, to grow the quickest overseas market.
In 1981 Commings started in the Chinese permit production engine, in 1995 Commings first China Joint capital Engine Factory was tenable.So far, Commings amounts to in China has 26 organizations, including 15 sole ownership and the joint venture, staff more than 7,000, produces products and so on engine, power set, alternator, filtration system, turbocharging system, exchaust gas system, post-processing and fuel oil system, has by 12 region service center and more than 300 the service network which is authorized the dealer to be composed.
The Commings long-term insistence and Chinese Oversize vehicle Enterprise forms the strategic alliance, the realization communal development.As comes China to carry on the foreign capital diesel engine enterprise most early which the localization produces, more than 20 for year Commings already with including the east wind automobile, the Shaanxi steam group and north steam Fukuda's Chinese Commercial Vehicle Leading Enterprise set up four engine joint capital factory, in the Commings 17 engine series had ten locally to produce in China.
Commings is first sets up the research and development center in China the foreign capital diesel engine company, in August, 2006 Commings and the east wind company cooperate the engine technology research and development center which sets up in the Hubei Wuhan to begin using officially, symbolized Commings and the Chinese partner strategic cooperation already produced from the product localization advances to the union research and development, innovates together the stage.
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