Amidst heightened awareness of the Israel-Palestine conflict, it’s vital to assess Cummins Inc.’s stance. A global leader in engines, filtration, and power generation, Cummins’ extensive reach prompts questions about its ties to Israel. With headquarters in Columbus, Indiana, and sales spanning 190 countries, Cummins’ substantial influence warrants scrutiny regarding its support for Israel.
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Corporate Connections and Shareholder Influence
A critical aspect of understanding Cummins’ potential support for Israel lies in examining its shareholders. Vanguard Fiduciary Trust Co. and BlackRock Advisors LLC holds a significant stake in the company. These two financial giants not only influence Cummins’ corporate decisions but also have investments in companies supplying weapons to Israel.
- Vanguard Fiduciary Trust Co. owns 12.52% of Cummins
- While BlackRock Advisors LLC holds 6.024%
Link Proof: https://www.marketscreener.com/quote/stock/CUMMINS-INC-12214/company/
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From the facts presented above, it becomes evident that Cummins has contributed to providing economic support to Israel, primarily due to the substantial ownership stakes held by Vanguard Fiduciary Trust Co. and BlackRock Advisors LLC in the company, both of which are also investors in firms supplying arms to Israel.
As advocates for peace and anti-colonialism, we urge consumers to refrain from purchasing or consuming Cummins products due to the strong economic ties with Israel, a colonial power in Palestinian territories.