The campus, which has been operational since Dec.1, houses around 2,400 employees from group functions and the tires and ContiTech group sectors.
The company’s new corporate campus will house more than 1,100 employees.
The company says a consolidated corporate infrastructure and new headquarters supports near-term growth plans.
Located within walking distance of the Indianapolis Motor Speedway, the building will serve as PRI Membership Headquarters and offer a broad range of programs and services to assist the motorsports community.
Enables product development for improving safety utilizing machine learning and contextual traffic data.
The company is moving its headquarters and manufacturing, and shifting operations to separate facilities.
A test lab, office area and prototyping workshop/warehouse make up the expansive footprint of the new facility.
Cooper Standard has grown in size and scope in recent years, with expansions in both automotive and non-automotive markets around the world. The new facility will meet the growing needs of the company and will reflect the company’s culture of innovation, fostering enhanced employee collaboration with the latest in creative workspaces to further expand innovation to all areas of the business.
“We are very excited to have a beautiful, state-of-the-art facility encompassing over 102,000 square feet, where we will bring together all of our centralized operations and over 700 employees under one roof,” said Justin Jude, LKQ’s president of North American Wholesale Operations.
The company picked Nashville because of its close proximity to its new manufacturing plant in Dayton, Tennessee.
Three years ago, Toyota announced its “One Toyota” initiative to create more unified operations in North America, in part, by bringing together its quality engineering, sales, marketing, financial services and corporate functions in one location.
The company said this move allows for an anticipated operational expansion as the company focuses on continued growth and the launch of new product lines.