Cummins said Tuesday it completed the signing of a joint-venture agreement to establish a new company, Cummins West Africa, in partnership with Nigerian company A.G. Leventis.
The new Cummins West Africa operation in Lagos will manufacture power generation systems with up to 1,000 kVA output, supported by a network of service branches strategically located across the country.
Cummins said the agreement continues its business strategy focused on entering high-potential emerging markets at an early stage.
“With strong economic growth underway, the business foundations are in place for Cummins West Africa to succeed,” said Robert Neitzke, Cummins Director – Business Development and Board Member of Cummins West Africa. “Working with A.G. Leventis, we have the right partner at the right time to develop significant new business opportunities."
Andreas Loucas, Group General Manager of A.G. Leventis, noted that Nigeria is the most populous country in Africa, is rich in natural resources and is the only country in Africa to have paid off all foreign debt.
Cummins said that by utilizing manufacturing processes and training programs in common with those of the U.S. and U.K., Cummins West Africa will produce generator sets to the same quality levels. At maturity, the Cummins West Africa facility in Lagos is expected to be one of the largest and most advanced genset manufacturing operations in Africa.