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October 26, 2000

Purdue begins to clear ground for new Krannert School building

WEST LAFAYETTE, Ind. – Purdue University's Krannert School of Management began clearing ground for Jerry S. Rawls Hall today (10/26). The new $37 million building is the centerpiece in the Krannert School's $55 million "Krannert at the Frontier" campaign.

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Rawls, a 1968 master's degree graduate and president and CEO of Finisar Corp., a Silicon Valley optical networking company located in Mountain View, Calif., was scheduled to be on hand. He gave $10 million for the four-story, 128,000 square-foot facility, which will be located across Grant Street from the Krannert Building.

Groundbreaking for Rawls Hall will take place in the spring, and the building will be ready for occupancy for the fall 2003 semester.

"The building will be technologically state of the art," said G. Logan Jordan, assistant dean for administration. "All classrooms and study areas will be wired for the Internet. The commons area will have walk-up Web kiosks and wireless access to university libraries and the Internet.

"All classrooms will have the latest audio-visual presentation equipment, and the facility will have a media production center. There is also a classroom suite for distance learning, both two-way and multi-site."

Krannert School alumni are being solicited to fund the information and communication technology in the future Rawls Hall.

Krannert School dean and Leeds Professor of Management Richard A. Cosier said: "The Krannert School has a reputation among both students and employers as a techno-savvy management school. Our new facility will allow our professors to present material in dynamic new ways, and the facility emulates the kinds of environments in which our graduates will work."

Several major donors were on campus for meetings of the "Krannert at the Frontier" national campaign cabinet and the Dean's Advisory Council and were present at the ground clearing. In addition to Rawls, major contributors to the campaign include:

– Richard E. Dauch (and family), president and CEO of American Axle and Manufacturing in Detroit, who received his bachelor's degree in industrial management in 1964, gave $5 million. Dauch is chairman of the "Krannert at the Frontier" campaign cabinet.

– Karl J. Krapek, president and chief executive officer of United Technologies Corp. in Hartford, Conn., who received his master's degree in industrial administration in 1972, gave $2 million.

– Steven A. Webster (and family), vice chairman of the board, R&B Falcon Corp. in Houston, who received his bachelor's degree in industrial management in 1973, gave $2 million.

– William E. Bindley, chairman and chief executive officer of Bindley Western Industries in Indianapolis, who received his B.S. in industrial economics in 1962, gave $1.5 million.

– James E. (and Diane) Perrella, retired chairman, president and chief executive officer of Ingersoll-Rand Co. in Woodcliff Lake, N.J., who received his master's degree in industrial administration, gave $1 million.

Corporate donors to the campaign include Wabash National Corp., $2.5 million; Ford Motor Co., $2 million; United Technologies Corp., $1 million; and Andersen Consulting $1 million.

In addition to funding a new building, "Krannert at the Frontier" seeks support for endowed scholarships and professorships. Pledges to date total $38.3 million, nearly 70 percent of the campaign goal. Pledges for Rawls Hall total $33.9 million, more than 91 percent of the building's cost.

Sources: G. Logan Jordan, (765) 494-4370, jordan@mgmt.purdue.edu

Richard A. Cosier, (765) 494-4366, rcosier@mgmt.purdue.edu

Writer: J. Michael Lillich, (765) 494-2077, mlillich@purdue.edu

Purdue News Service: (765) 494-2096; purduenews@purdue.edu

PHOTO CAPTION:

Architect's rendering of the 128,00 square-foot, technologically state-of-the art Jerry S. Rawls Hall. The new building will be completed and ready for Krannert Graduate School of Management students in fall 2003.

A publication-quality photograph is available at the News Service Web site and at the ftp site. Photo ID: kran.render

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