The company wants to build a 10-story office building with surrounding greenspace.
The Columbus-based engine manufacturer is choosing between three New York-based architectural design firms.
Cummins announced a future multi-million dollar distribution center in downtown Indianapolis today.
Engine-manufacturer Cummins has created a new V8 turbo diesel engine for a Nissan full-size pickup.
The purchase, if it happens, would be nearly equal to a fifth of the company's total stock value.
Cummins plans to lay off 1,500 employees across its entire workforce by the end of the year.
Cummins recently announced a drop in quarterly profits and plans to lay off more than 1,000 employees, which could have ripple effect in the Columbus community.
Cummins, one of the largest employers in Columbus, tends to hire and fire in large numbers, making job security uncertain.
Uncertain global economy and fear of decreased demand for products is causing Cummins to reduce its workforce.
Cummins' early jump on the EPA's 2014 fuel standards could allow more partnerships with environmental officials.