Indianapolis Business Journal articles from April 2004

Indianapolis Business Journal archives from April 2004

Sweet salvation for City Market? Market Square plan may be godsend for landmark.
April 5, 2004... For at least a decade, the 118-year-old City Market has been looking for something to move itself beyond an oversized lunch-time food court. Now in the early stages of a strategic plan to do just that, City Market officials and supporters...

Twilight rejected by Future Fund: local venture team won't get state-tagged biotech dollars.(Twilight Ventures LLC)
April 5, 2004... By next month the Indiana Future Fund will begin distributing $73 million to kick-start local biotech entrepreneurship. But a team of Indiana's most experienced life sciences experts won't handle any of the cash. Now Twilight Ventures LLC...

Building an arts buzz: tourism effort to connect dots between major events in 2005.(cultural development)
April 5, 2004... A little more than two years and $2 million after setting out to promote the artistic ambiance in Indianapolis, the city's Cultural Tourism Initiative is gearing up to make its grandest effort yet. Cultural Development Commission members...

Playing the name game: drug companies expend plenty of time, energy developing brands.
April 5, 2004... The first erectile dysfunction drugs to make U.S. debuts also cornered the market on manliness. Pfizer Inc.'s Viagra evokes images of power and fluid motion, like mighty Niagara Falls, said branding consultant Anthony Shore. Levitra,...

Creative Street has own story to tell: at 20, production company still developing.(Creative Street Media Group)
April 5, 2004... Steve Katzenberger and Dave Smith are storytellers. They've certainly had practice, boasting a nationally syndicated television show, award-winning educational videos, well-traveled museum exhibits and countless other successes since...

Tax could carry risks: added parking fee might still be an answer for IndyGo.
April 5, 2004... Some onlookers think the downtown parking tax that reared its head at a city meeting last month and caused a fiery reaction has burned out, but others think it is merely boiling below the surface. As the debate continues on how to bolster...

Revived Conseco 401(k) lawsuit casts blame widely.(Behind The News)
April 5, 2004... Loyalists of Stephen Hilbert blame his successor, Gary Wendt, for bungling Conseco Inc.'s turnaround. Loyalists of Wendt, meanwhile, say he took the reins of a company too far gone to keep out of bankruptcy court. In newly filed court...

Clarian CEO looks to rejuvenate legal foundation: corporate mergers, acquisitions have taken toll on not-for-profit's membership.(The Indiana Legal Foundation Inc.)
April 5, 2004... The Indiana Legal Foundation Inc. has enlisted the CEO of Clarian Health Partners to revive the slumbering not-for-profit that supports business interests in court cases. In appointing Dan Evans as chairman, directors are confident they've...

Specialty-apparel maker pulls financial hat trick: Philadelphia-based buyout fund acquires majority stake in H3 Sportgear.
April 5, 2004... Its founders are confident not much will change for locally based H3 Sportgear now that they've sold off a 75-percent stake. Because that's exactly the way investors want it. "We were interested in that market, and it was a rapidly...

Pacers turning tide on attendance decline: playoff run could boost national profile, and ticket, suite and sponsorship sales.
April 5, 2004... An attendance gain near 1 percent this season for the Indiana Pacers is cause for celebration, according to the team's and National Basketball Association's leaders. Still, the Pacers are far from the days when every game sold out and the...

Innovative Edit scores big with out-of-town job: local company hopes Baltimore Orioles deal opens doors internationally.(graphics and broadcast-display features for local and regional telecasts)
April 5, 2004... Locally based Innovative Edit is ready to play ball with sports properties worldwide. While wrapping up work on a $60,000 contract to produce graphics and broadcast-display features for the Baltimore Orioles' local and regional telecasts,...

Clarian robots lend a helping (surgical) hand: hospital system places its third daVinci robot in hopes of streamlining operating procedures.
April 5, 2004... Clarian Health Partners recently added a third million-dollar robot to its technology arsenal to help surgeons perform a growing number of minimally invasive operations. The hospital system also plans to use its newest daVinci Surgical...

Hudson's exit handled poorly: but think tank's work must continue.(Editorial)(Hudson Institute)
April 5, 2004... When all is said and done, the Hudson Institute's 20 years here will likely be remembered fondly. But the circumstances surrounding the think tank's departure from Indianapolis--the city that helped save it--won't win any prizes for diplomacy....

Florida has ideas for Indiana.(Commentary)(Richard Florida)
April 5, 2004... No, this is not another column about Jeb Bush or the Everglades. This is about Richard Florida, professor of economic development at Carnegie Mellon University and purveyor of astute theories about how Oommunities can position themselves...

Correction.(Editorial)(Correction Notice)
April 5, 2004... Downtown properties Lockerbie Marketplace and Market Tower are both owned by partnerships that include Cornelius "Lee" Alig of Mansur Real Estate Services Inc. and Harold Garrison of HDG-Mansur Group, who own equal stakes in the properties. A...

Pricing IU basketball tickets is top priority: IU is proposing to charge each student on the Bloomington campus an annual fee of $30 to help offset the Athletic Department's deficit.(Eye On The Pie)(Indiana University)
April 5, 2004... Normally this space is devoted to light, humorous subjects such as taxation, employment and the economic well-being of our state and nation. Today, however, we must take up a more serious matter: the pricing of Indiana University basketball...

Workplace can set healthy example: employers can create an environment that supports good habits without levying tons of guilt.(Commentary)
April 5, 2004... If there were any doubts that the problem of people who are overweight and out of shape is a major focus, just pick up any newspaper, magazine or tune in to TV news programs. There seems to have been an epiphany, when, in fact, our unhealthy...

It's high time city relocated railroad.(Letters)(Letter to the Editor)
April 5, 2004... I agree wholeheartedly with your March 15 editorial on the expanded [convention] center. One concern was raised, which seems to pop up each time any development of this area surfaces--the railroad is in the way. The city and state (with the...

Should workers retool themselves?(Letters)(Letter to the Editor)
April 5, 2004... I just read [Morton Marcus' March 29 column]. I support your point that workers need to take responsibility for their future, especially training. They need to be guiding their children using the same mind-set. I think a larger problem is there...

Overseas outsourcing shouldn't be glorified.(Letters)(Letter to the Editor)
April 5, 2004... I just finished reading the [March 22] article featuring Honey and Me Inc., and I am furious that you would run a story that promotes outsourcing jobs to other countries when so many people in out community and across the country are out of...

Columnist mistaken about Grissom.(Letters)(Letter to the Editor)
April 5, 2004... I just finished reading [Morton Marcus'] article in the March 15 IBJ. I agreed with most of your points made. However, you stated that Grissom has a "diminished National Guard presence." For that statement you are one of the people that need to...

State finalizes plans for new lab building.(On The Beat)(Indiana's State Office Building Commission)( State of Indiana Forensic and Life Sciences Laboratories)(Brief Article)
April 5, 2004... Indiana's State Office Building Commission has selected a site on West 16th Street for its new $46 million State of Indiana Forensic and Life Sciences Laboratories. IBJ first reported the State Office Building Commission's plans Dec. 1....

Firm awarded for Hyperfix work.(Architecture)(American Consulting Inc.)(Brief Article)
April 5, 2004... The Indiana chapter of the American Council of Engineering Companies honored locally based American Consulting Inc. with its Grand Project Award for its work on the downtown Interstate 65-Interstate 70 rehabilitation project known as Hyperfix....

Lilly bulks up biotech research.(Health Care)(Eli Lilly and Co.)(Brief Article)
April 5, 2004... Eli Lilly and Co. officials broke ground March 31 on the final piece of a three-building biotechnology expansion at the Indianapolis technology center that has doubled in price. In 2002, Lilly announced plans for a $225 million...

Lawyers win for candle makers.(Law)(Brief Article)
April 5, 2004... Barnes & Thornburg attorneys representing the National Candle Association won a victory for the industry in a U.S. Department of Commerce decision. The department ruled that candle makers in China will be assessed a 95-cent duty for every...

In Business in business.(Media & Marketing)(ReachUSA)(Brief Article)
April 5, 2004... The marketing muscle behind the local Roach Magazine and Valpak advertising franchises is expanding its reach into traditional publishing. ReachUSA this month will debut In Business, a monthly magazine focusing on business news in Hamilton...

"Radio Mozart" has fallen silent.(Media & Marketing)(Hoosier Broadcasting, K-Love Radio Network)(Brief Article)
April 5, 2004... "Radio Mozart" has fallen silent, but "K-Love" has stepped into the breach. Hoosler Broadcasting Corp. pulled the plug on WSPV-FM 90.5's classical programming in February, citing financial woes. The public station received less than...

Developers eye former Essex site.(Real Estate)(Essex House hotel site for condominiums)(Brief Article)
April 5, 2004... Condominiums are still a possibility on the corner of Pennsylvania and Vermont streets, where a parking lot replaced the Essex House hotel a decade ago. Developer Terry Eaton, chairman of Eaton Investments Ltd., said he and his partners...

Local developer Kite Cos. has purchased Bank One Corp.(Real Estate)(Brief Article)
April 5, 2004... Local developer Kite Cos. has purchased Bank One Corp.'s 29,500-square-foot training center at 86th Street and Zionsville Road for an expansion of its Traders Point retail center now under construction. The seven-acre addition brings the...

Kennedy opens Fishers shoe store.(Small Business)(Bob Kennedy, Fishers Gateway Shops)(Brief Article)
April 5, 2004... Indiana University graduate and Olympic distance runner Bob Kennedy is still moving fast. Earlier this year he won his second U.S. cross country title and now he is opening his second retail-specialty running and walking store. Kennedy...

Mira nominations announced.(Technology)
April 5, 2004... Technology advocate TechPoint announced the nominees for its 2004 Mira Awards. Award winners will be named at TechPoint's Mira Awards banquet May 21 at the Indiana Roof Ballroom. All nominees are based in Indiana. Here are the nominees in...

H&R Block.(Accounting)(H and R Block Inc. appointed Clare Baptisti Scales)(Brief Article)
April 5, 2004... * Clare Baptisti Scales has been named public relations coordinator for at H&R Block.

Willow Marketing.(Advertising/Marketing/Public Relations)(Dean Sipe, Kate Malone appointed)(Brief Article)
April 5, 2004... * Dean Sipe and * Kate Malone have joined Willow Marketing as graphic artists.

Bodkin Associates Inc.(Advertising/Marketing/Public Relations)(Jing Liu, Melinda Sousa appointed)(Brief Article)
April 5, 2004... Jing Liu has recently joined Bodkin Associates Inc. as an intern. Melinda Sousa has joined as an account coordinator.

Walker Information.(Advertising/Marketing/Public Relations)(Katie Kiernan, Laura Hreno, Hope Doyle appointed)(Brief Article)
April 5, 2004... Walker Information has promoted the following associates in the Client Services and Technology Departments: Katie Kiernan, client service director 2; Laura Hreno, project director 2; and Hope Doyle, database analyst 2. Lu Ann Mattingly has...

Borshoff Johnson Matthews.(Advertising/Marketing/Public Relations)(Christopher Stolarski appointed)(Brief Article)
April 5, 2004... * Christopher Stolarski has joined Borshoff Johnson Matthews as an account associate.

Banning Engineering PC.(Architecture/Design/Engineering)(Amy Zahn, Jon Hardin appointed)(Brief Article)
April 5, 2004... Amy Zahn has joined Banning Engineering PC as an administrative assistant. Jon Hardin has joined as a CADD technician.

BSA LifeStructures.(Architecture/Design/Engineering)(Geoffrey Lisle, Henry Stellema)(Brief Article)
April 5, 2004... * Geoffrey Lisle and * Henry Stellema have been named principals at BSA LifeStructures.

Ratio Architects Inc.(Architecture/Design/Engineering)(Aimee Adams, Jeremy Nye, Terri Smith appointed)(Brief Article)
April 5, 2004... Ratio Architects Inc. has added the following: Aimee Adams, project assistant; Jeremy Nye, intern architect; Terri Smith, marketing assistant; Chunsheh Teo, graduate architect.

Bonar Group.(Architecture/Design/Engineering)(Bonar Engineering & Construction appointed Amber R. Donnelly)(Brief Article)
April 5, 2004... Amber R. Donnelly has joined Bonar Group, Indianapolis office.

First Indiana Bank.(Banking)(Cory T. Deeter appointed)(Brief Article)
April 5, 2004... * Cory T. Deeter has joined First Indiana Bank as staff auditor, Corporate Audit Services Department.

Irwin Union Bank and Trust Co.(Banking)(Christopher J. Barr appointed)(Brief Article)
April 5, 2004... * Christopher J. Barr has been named cash management representative, Indianapolis market, at Irwin Union Bank and Trust Co.

STAR Financial Bank.(Banking)(Chris Caldwell appointed)(Brief Article)
April 5, 2004... Chris Caldwell has joined STAR Financial Bank as vice president, Commercial Banking Officer, Anderson region.

Little Red Door Cancer Agency.(Civic/Not-For-Profit)(Michael Slaughter, Steve Hanes, Susan Wehrenberg elected officers)(Brief Article)
April 5, 2004... Little Red Door Cancer Agency has elected the following officers: Michael Slaughter, Indiana Oncology-Hematology Consultants P.C., president; Steve Hanes, Hanes & Associates Inc., president-elect; Susan Wehrenberg, Duke Realty Investments Inc.,...

Indianapolis-Marion County Public Library.(Civic/Not-For-Profit)(Louis Mahern appointed)(Brief Article)
April 5, 2004... * Louis Mahern has been named to the Indianapolis-Marion County Public Library board of trustees.

Indiana Historical Society.(Civic/Not-For-Profit; Steven Haller named senior director )(Brief Article)
April 5, 2004... Steven Haller has been named senior director of collections at the Indiana Historical Society.

Indiana Mental Health Memorial Foundation.(Civic/Not-For-Profit)(Lesley A. Nearpass appointed)(Brief Article)
April 5, 2004... Lesley A. Nearpass, Krieg DeVault LLP, has joined the board of the Indiana Mental Health Memorial Foundation.

Meals on Wheels.(Civic/Not-For-Profit)(Dan Pratt, Cathi Wineland, Scott Read appointed)(Brief Article)
April 5, 2004... Meals on Wheels has named the following officers: Dan Pratt, Pratt Corp., president & chairman of personnel; Cathi Wineland, CTW Communications, vice president & chairwoman of community relations; Scott Read, Katz Sapper & Miller, vice...

Traders Point Christian Academy.(Civic/Not-For-Profit)(Hugh H. Baker III appointed)(Brief Article)
April 5, 2004... Hugh H. Baker III has joined Traders Point Christian Academy as director of development.

Keystone Construction Corp.(Construction)(Joe Griffiths appointed)(Brief Article)
April 5, 2004... Joe Griffiths has joined Keystone Construction Corp. as manager.

Eden Enterprises Inc.(Construction)(Brief Article)
April 5, 2004... * Barbara May has joined Eden Enterprises Inc. as an estimator.

Community Development Inc.(Construction)(Brief Article)
April 5, 2004... * Chad Young has been promoted to president of Community Development Inc.

Anderson University.(Education)(Brief Article)
April 5, 2004... Ronald W. Moore has been named senior development consultant for Anderson University.

St. Joseph Institute for the Deaf.(Education)(Brief Article)
April 5, 2004... St. Joseph Institute for the Deaf, Indianapolis, has elected the following local advisory board officers: Dr. Richard Miyamoto, I.U. School of Medicine, chairman; Marcia Rice, secretary; Terry Hardy, Irwin Mortgage Corp., treasurer. New members...

City Securities Corp.(Finance)(Brief Article)
April 5, 2004... * Brian L. Baker has joined City Securities Corp. as vice president, Corporate Finance Department.

Indiana Corporate Law Survey Commission.(Government)(Brief Article)
April 5, 2004... * Alan Becker, Bose McKinney & Evans LLP, bas been named to the Indiana Corporate Law Survey Commission.

State Board of Registration for Architects and Landscape Architects.(Government)(Brief Article)
April 5, 2004... David Gorden, Mark M. Holeman Inc., has been named to the State Board of Registration for Architects and Landscape Architects.

Clarian Health Partners.(Health Care)(Brief Article)
April 5, 2004... Clarian Health Partners has promoted the following to senior partner: Terri Beeson, Indiana University Hospital; Tracy Davis, Methodist Hospital; and Mary Krug, Riley Hospital for Children. Methodist associate partners promoted to partner are...

Indiana Farm Bureau Insurance.(Insurance)(Brief Article)
April 5, 2004... * Michael Conn and * Matthew Briggs have joined Indiana Farm Bureau Insurance as agents.

Burns & Wilcox Ltd.(Insurance)(Brief Article)
April 5, 2004... Gretchen Blomeke has been promoted to office manager at Burns & Wilcox Ltd., Indianapolis office.

Walker & Associates Insurance Agency.(Insurance)(Brief Article)
April 5, 2004... * Mark E. Lynch has joined Walker & Associates Insurance Agency as a personal and commercial sales representative. Angie Hauck has joined as customer service agent.

Bingham McHale.(Law)(Brief Article)
April 5, 2004... Bingham McHale has named the following new partners: Kandi Kilkelly Hidde, Mike Padgett, Laura Moenning Smith and Amy Stewart. * Anne Slaughter Andrew has joined the environmental law practice.

Goodin Orzeske & Blackwell PC.(Law)(Brief Article)
April 5, 2004... Eric J. Neidlinger has joined Goodin Orzeske & Blackwell PC as an associate.

Barnes & Thornburg.(Law)(Brief Article)
April 5, 2004... Adele A. Waller bas joined the Healthcare Department of Barnes & Thornburg.

Hall Render Killian Heath & Lyman.(Law)(Brief Article)
April 5, 2004... Hall Render Killian Heath & Lyman has named the following shareholders: * Norris Cunningham, * John P. Ryan, * Juli K. Shields and * Angela M. Smith.

Hill Fulwider.(Law)(Brief Article)
April 5, 2004... * Emily D. Smith has joined Hill Fulwider as an associate.

Zeigler Cohen & Koch.(Law)(Brief Article)
April 5, 2004... Jennifer A. Strickland has joined Zeigler Cohen & Koch as an associate.

Wessels & Pautsch PC.(Law)(Brief Article)
April 5, 2004... Fred Payne has been named director of Employment Practices Liability Insurance Defense at Wessels & Pautsch PC.

Toll lanes proposed for rising truck traffic: interstate 65 targeted as potential route in pilot program being debated by lawmakers, transportation experts.(Manufacturing/Distribution)
April 5, 2004... A large part of the nation's and central Indiana's economy depends on the efficient movement of goods via 18-wheel trucks. And, according to projections stretching to 2020, highway congestion could put that economic vitality in peril. ...

Choosing to stay put: moving doesn't work for many Indiana manufacturers.(Manufacturing/Distribution)
April 5, 2004... Indiana lost more than 14,000 factory jobs in 2003, according to the Indiana Department of Workforce Development. And the new year didn't usher in any better luck for the Hoosier state. Announcements of plant closures by large employers...

Entrepreneur turns hobby into manufacturing firm: Austin hopes to light fire in competitive smoker biz.(Manufacturing/Distribution)(Troy Austin)(Austin National Smoker Co.)
April 5, 2004... A little more than a year ago, Troy Austin grew tired of the trend be was experiencing as a commercial print-job salesman. Efficient new technology implemented by the company he worked for allowed jobs he once sold for $5,000 to be done for...

Contour Hardening offers new product.(Manufacturing/Distribution)(Brief Article)
April 5, 2004... Indianapolis-based Contour Hardening Inc. recently unveiled a new product, Real Power, which company officials said is the first fully-integrated, true A/C generator that is powered by a vehicle's transmission. Real Power solves numerous...

New York pool distributor opens locally.(Manufacturing/Distribution)(Brief Article)
April 5, 2004... Latham, N.Y.-based Imperial Pools Manufacturing & Distribution announced it is entering the local market late this month with a distribution center at 6751 E. 30th St. "This additional branch in Indianapolis continues to bring us closer to...

Factory orders rise, but not by as much as anticipated: manufacturing pace still viewed as 'good growth'.(Manufacturing/Distribution)
April 5, 2004... Orders placed with U.S. factories increased a less-than-expected 0.3 percent in February, government figures showed, a sign that the rebound in manufacturing may have slowed. The rise to $343 billion in bookings followed a 0.9-percent...

Largest Indianapolis-area manufacturers *.(Manufacturing/Distribution)(Illustration)
April 5, 2004... Largest Indianapolis-Area Manufacturers * (Ranked by number of local FTE employees) RANK MANUFACTURER FTE EMPLOYEES: 2003 ADDRESS LOCAL rank TELEPHONE / FAX / WEB...

Nation gets more jobs from outsourcing than it loses: foreign companies employ millions of U.S. workers.(Manufacturing/Distribution)
April 5, 2004... Democratic presidential candidate John Kerry was recently asked if his plan to tax U.S. companies that move work overseas addressed an "overblown" issue, considering the jobs non-U.S, companies create in America. "Nope, not if you talk to...

Identifying mission, strategy key step for manufacturers.(Voices From The Industry)
April 5, 2004... Success in manufacturing is harder than ever. What worked in the past isn't working now, and what works now might not work in the future. Many manufacturers are struggling, and those who aren't know the future is uncertain, at best. In...

Largest Indianapolis-area roofing contractors.(Illustration)
April 5, 2004... Largest Indianapolis-Area Roofing Contractors (Ranked by 2003 roofing work billed from local office) 2003: ROOFING WORK BILLED ...

Surest bets in markets are sure to be a surprise.(Stocks)(Illustration)
April 5, 2004... The financial markets have pulled off one surprise after another in the last year or so. The stock market caught battalions of bears off-guard by staging a rally that brought back memories of the 1990s. The Standard & Poor's 500 Index...

Wall Street doesn't share media's fascination with jobs.(Investing)
April 5, 2004... The two main items people are asking me about lately are jobs and oil. Oil reached $38 a barrel recently and some states are seeing $2.50 a gallon. Job growth has not been nearly as strong as experts have been predicting and the media are...

Regional differences mark Indiana's place in nation.(Economic Analysis)
April 5, 2004... More highly educated people tend to live in cities. Indiana's population is less concentrated in urban areas than the national average. So is the real reason for Indiana's low proportion of college-educated adults--the so called "brain...

Cohesant Technologies Inc.(Proxy Corner)(Company Profile)
April 5, 2004... Cohesant Technologies Inc., 5845 W. 82nd St., Suite 102, Indianapolis, Ind., 46278 (www.cohesant.com) designs, develops and manufactures specialized spray finishing and coating application equipment. Its epoxy coating systems include the...

Intranets may not be wise for growing companies.(Return On Technology)(Column)
April 5, 2004... I read a lot of technology publications, as you might imagine. I recently ran across one by a well-known technology expert extolling the benefits of having an "intranet" for a growing company. An intranet is like a baby Internet, completely...

Lilly acknowledges federal investigation.(Eli Lilly and Co.)(Brief Article)
April 5, 2004... Executives with local drugmaker EIi Lilly and Co. March 25 acknowledged the company's marketing and promotional practices are the subject of a civil investigation being conducted by the office of Patrick L. Meehan, the U.S. attorney for the...