In the midst of a successful first year in the commercial marine market, Cummins-Case Credit Financial Services is announcing significant expansion of its commercial marine financing operation; with a new office in Seattle, and new employees appointed to manage the Gulf and Pacific regions.
Since entering the market, sales have exceeded expectations. The company is entering into high quality financing contracts for barges, tug boats, push boats, fishing boats, other work boats and passenger vessels powered by Cummins engines in the U.S. and Canada.
The company announced the appointment of Dean Chinnery, who joins as marine-sales finance manager, Pacific region, including Western Canada
, Alaska, Hawaii and the western U.S. The company also announced the appointment of Robert F. Lowe, as marine-sales finance manager, Gulf region, covering the Gulf Coast states from Texas to Alabama.
The moves are part of the planned expansion of a financing initiative between Case Credit Corp. and Cummins Engine Company, Inc.; established in 1997. The agreement makes financing available for North American retail purchasers, dealers and manufacturers of industrial equipment and commercial marine vessels powered by Cummins engines.