Cummins held its ceremonial groundbreaking this morning, despite the fact construction began on the $30 million project a few weeks ago.
The company’s new Indianapolis distribution headquarters are being built on the southern half of the old Market Square Arena site and will feature a ten-story office tower, first floor retail and public green space.
“We so pleased to be expanding our presence in Indianapolis,” said Marya Rose, Chief Administrative Office, Cummins. “We want to grow in vibrant cities that are committed to diversity and strengthening our communities and the life for all.”
“Cummins tries with Lilly and Roche and Dow to try to attract talent from around world, not just the nation, and we have to send a signal that we are this type of city,” said Mayor Greg Ballard.
“Cummins global headquarters will always remain in Columbus, but Indianapolis provides us a location close to a major airport. It’s another opportunity to grow and attract talent and consolidate our existing Indianapolis employees where we’ve had a presence for more than a decade,” said Tony Satterthwaite, president, Cummins Distribution Business.
“Today marks beginning of a new physical structure. It’s really a milestone in the growth of our distribution business which is critical to the success of Cummins. By the end of the year, the distribution business will be Cummins’ second largest business unit with revenue over six and a half billion dollars and more than 14,000 employees in 60 countries,” Satterthwaite said.
The new building for the Columbus-based company is set to open in the fall of 2016.