Despite Thursday's rain, Cummins Inc. (NYSE:CMI) has broken ground on its global Distribution Business headquarters in downtown Indianapolis. The new building is expected to open in late 2016 on the former Market Square Arena property.
April 9, 2015
INDIANAPOLIS, Ind. – Cummins Inc. (NYSE:CMI) today broke ground on its global Distribution Business headquarters in downtown Indianapolis.
The distinctive office tower will feature a progressive look reflecting Cummins’ technological focus, with abundant natural light and a collaborative work environment. The tower will also include retail on the first floor and plentiful greenspace around the property. The Company expects the building, which will occupy four acres where Market Square Arena previously stood, to open in late 2016.
“We are thrilled to take another step toward creating a dynamic headquarters for our Distribution Business that will provide a warm and inviting space for our employees and visitors that will also contribute to the downtown landscape,” said Tony Satterthwaite, President of the Distribution Business at Cummins. “We are equally excited to further contribute to the local economy and the community, including helping revitalize the near-eastside of Indianapolis.”
Mayor Greg Ballard said he’s especially excited by the green space that will border the city’s Cultural Trail running along the west side of the property. “Cummins’ innovative design for its new downtown Indianapolis campus will serve as an anchor for redevelopment in the Market East district and bring new vitality to the area. This project raises the bar for architecture in Indy and will stand as a bold and visually compelling gateway into the city,” said Indianapolis Mayor Greg Ballard.
Building architect Deborah Berke Partners said the building will include flexible office space with ample views and natural light. “The floors are designed to provide a modern, flexible working arrangement that caters to employees’ diverse preferences and work styles,” Berke said.
The Company’s plans for the site also include a conference center and a parking garage. The project site is bordered by Market, Alabama, Washington and New Jersey streets.
Cummins’ Distribution Business is one of the Company’s four business units. It sells the full range of Cummins products for more than 20 application segments in more than 190 countries around the world. The Company’s corporate headquarters will remain in Columbus where Cummins was founded 96 years ago.
About Cummins Inc.
Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins currently employs approximately 54,600 people worldwide and serves customers in approximately 190 countries and territories through a network of approximately 600 company-owned and independent distributor locations and approximately 7,200 dealer locations. Cummins earned $1.65 billion on sales of $19.2 billion in 2014. Press releases can be found on the Web at www.cummins.com. Follow Cummins on Twitter at www.twittter.com/cummins and on YouTube at www.youtube.com/cummininc.
Source: Cummins Inc.