On May 1, 2012, Cummins Corporation (CMI), a diesel engine manufacturer, released a wealth report on Tuesday that its first-quarter net profit increased by 33%, and exceeded market expectations, mainly due to the strong performance of the North American business and mining equipment engine business. The company’s net profit for the quarter increased to US$345 million, or US$2.35 per share, from US$343 million, or US$1.75, per share for the same period last year, which was higher than the average forecast of US$2.22 per analyst accepted by Thomson Reuters. Revenue rose 16% to $4.5 billion, which was higher than the analysts' average forecast of $4.4 billion. Cummins reiterated that it expects 2012 EBIT to increase from US$2.56 billion in 2011 to nearly US$3 billion. Screw Conveyor&Compactor,Quality Screw Machine,Automatic Conveying Feeder,Shaftless Screw Machine Wuxi Feiyiya Environmental Protection Technology Co., Ltd. , https://www.feiyya.com