Indianapolis Business Journal articles from April 2007

Indianapolis Business Journal archives from April 2007

High-tech funding in doubt: economic development officials bracing for reduced 21st Century Fund appropriation.(Company overview)
April 2, 2007... The state's showcase program for making investments in new high-tech firms is in jeopardy in the General Assembly. And Indiana Secretary of Commerce Nathan Feltman is starting to fear there won't be a last-minute rescue. "We're nervous and...

Skyline revival: dramatic facade change planned for office tower.(One Indiana Square)
April 2, 2007... The city's oldest skyscraper will get a sleek new look starting this summer, when workers are scheduled to begin installing a glass-covered curtain wall to replace a storm-scarred facade. Renovation of One Indiana Square should begin in...

Project green light: film studios eyeing Indiana, but most are waiting to see if lawmakers boost incentives.
April 2, 2007... Filmmakers poised to put Indiana in the spotlight say state lawmakers could jeopardize $74 million in potential projects if they yell "cut" once again. Legislators are weighing a measure that would offer taxpayer-funded rebates to...

Developer moving on: failed Crown Hill proposal cost Mann 2 years, $250k.(Crown Hill Cemetery)(Mann Properties)
April 2, 2007... They were the ones in suits, with briefcases, sitting up front. The ones who bore the scorn of little old ladies, soccer morns and other community leaders wearing green scarves in protest. They were the ones who wanted to build homes and a...

Lilly still breathing in inhaler pursuit: Pfizer's lackluster Exubera insulin launch could open door.
April 2, 2007... A year ago, Eli Lilly and Co. officials watched sorely as Gov. Mitch Daniels, an ex-Lilly executive, celebrated Pfizer Inc.'s expansion at its plant in Terre Haute. Pfizer was ramping up production there of Exubera, its new inhaled insulin...

Bassoonist hitting all the right notes: youthful Indianapolis Symphony musician chooses his love of music over typical work week.(On the CLOCK: an occasional look at interesting jobs)(Indianapolis Symphony Orchestra)(Samuel Banks)(Biography)
April 2, 2007... Indianapolis Symphony Orchestra's musicians are among the best in their field. But even they don't have to dross up for work every day. Although he wears one of his two tuxedos for concerts, Samuel Banks dons sneakers and jeans for a...

Marsh Supermarkets putting legal tangles behind it.(BEHIND THE NEWS)
April 2, 2007... So much for the legal fireworks. Class-action attorneys blasted members of the Marsh family last summer, charging in a federal lawsuit that they ran Marsh Supermarkets "as their private fiefdom despite its public ownership." The...

Champ Car spinning its wheels: open-wheel series facing many questions heading into 2007 season.
April 2, 2007... What was supposed to be a breakthrough year for the Champ Car racing series is looking like a season of more pain than gain even before the first green flag has dropped. A little more than a week before the season opener April 8 in Las...

Task force to tackle big job: tallying infrastructure needs: Indianapolis Chamber of Commerce leads one-year study.(Greater Indianapolis Chamber of Commerce )
April 2, 2007... Indianapolis hasn't attempted to systematically catalog all its infrastructure needs since 1991. Back then, the Greater Indianapolis Chamber of Commerce collected a list of the most pressing local projects and presented it to Mayor Stephen...

Reform push casts cloud over booming Sallie Mae.
April 2, 2007... Shares of Sallie Mae, one of Hamilton County's biggest employers, have fallen more than 25 percent over the past year as investors fret that Congress will overhaul the student-loan industry, halving interest rates and bringing the company's...

Marketing firm hopes to give 3-D new shape: Scofield Editorial one of first Midwest firms to add bells and whistles to models initially used by architects.
April 2, 2007... Scofield Editorial, known locally as an innovator in video and post-production work, is burnishing that reputation by becoming one of the first firms in the Midwest to combine three-dimensional video modeling with traditional editing touches...

Will next 'Hoosiers' be shot elsewhere? State should do more to compete with neighbors for film projects.(Editorial)
April 2, 2007... A few years ago, after 2003 Oscar-winning motion picture "Chicago" was filmed in, of all places, Toronto, some Illinois officials got angry. State Comptroller Dan Hynes, for one, complained about a film that cashed in "on our name, our history,...

An old friend moves on.(Commentary)(Glenda Russell leaving Indianapolis Business Journal sister publication)
April 2, 2007... It's difficult to say goodbye to an old friend. Glenda Russell, publisher of IBJ sister publications Indiana Lawyer and Court and Commercial Record and head of our Senior Expos of Indiana division, is leaving our company for a new...

Correction.(EDITORIAL)(Correction notice)
April 2, 2007... Gov. Mitch Daniels does not have a policy prohibiting his donors from serving on state boards, as reported on page 24 in the March 19 issue. Rather, state law prohibits board members from soliciting financial donations from the institutions...

Whom will the state subsidize next?(EYE ON THE PIE)
April 2, 2007... Last week, I was walking on the Statehouse grounds and I saw some folks with large green pins on their lapels. "What do those stand for?" I asked. "Small businesses need Electronic Gaming Devices" one wearer told me. "That's for...

It's time to split Indiana in two.(Commentary)(economic aspects)(Column)
April 2, 2007... A couple of years ago, during the daylight-saving time debate, a caller into my radio show suggested Indiana be divided into two time zones, one Eastern, one Central, with U.S. 31 as the dividing line. The caller suggested that, this way,...

Thanks for saving Crown Hill woods.(Crown Hill Cemetery)(Brief article)
April 2, 2007... Thank you to the Metropolitan Development Commission for listening to the residents of central Indiana and their concern for the environment. The decision to disallow a zoning change that would permit Crown Hill Cemetery's north woods to be...

Band does not merit coverage.(LETTERS)(Letter to the editor)
April 2, 2007... The March 24 IBJ review of the local group, Born Again Floozies, is a disappointment. While 1 know of the group, I do not know their music. Someone I know in town calls them "fun." But, what is fun when it degrades? I find the name of the...

Finally, property tax reform takes center stage.(STATEHOUSE DISPATCH)(Column)
April 2, 2007... April 2 will start a busy--and important--week in the life of the Indiana General Assembly. House and Senate committees will effectively wrap up their respective work, hearing the bills they choose to after the legislation moved across the...

FBI move won't hurt downtown market.(ON THE BEAT)(Federal Bureau of Investigation)(Brief article)
April 2, 2007... The FBI's plans to move its Indianapolis field office from a federal building downtown to a new campus in Castleton could have dealt another big blow to the anemic downtown office market. But instead of opening the space to federal agencies...

Rokita launches podcasts, financial literacy video game.(GOVERNMENT)(Todd Rokita )
April 2, 2007... Indiana Secretary of State Todd Rokita is using podcasts to alert investors about potential fraud. Rokita's spokeswoman, Jen Fanger, said the secretary of state's Indiana Investment Watch program quietly launched the podcasts last...

Lilly spinoffs work together.(HEALTH CARE)
April 2, 2007... Two offspring of Eli Lilly and Co. are joining forces. Anaclim LLC, founded in 2005 by former Lilly chief medical officer Alfonso Alanis, and Maaguzi LLC, which started in 2005 using software developed by Lilly, announced they would jointly...

Indiana's physician assistants have moved one step closer to winning the ability to prescribe medicine.(HEALTH CARE)(Brief article)
April 2, 2007... Indiana's physician assistants have moved one step closer to winning the ability to prescribe medicine. A Senate committee on March 28 voted unanimously to approve such authority. The committee, chaired by Sen. Patricia Miller, R-Indianapolis,...

Emmis division scores with Ohio State Buckeyes.(MEDIA & MARKETING)(Emmis Sports Marketing)(Ohio State Buckeyes Radio Sports Network)(Brief article)
April 2, 2007... Emmis Sports Marketing, a division of Indianapolis-based Emmis Communications Corp., recently signed a deal to become sales partner for the Ohio State Buckeyes Radio Sports Network. Financial terms of the deal were not disclosed, but sports...

Young & Laramore.(MEDIA & MARKETING)(Ann Beriault joins as partner for Young and Laramore Advertising)(Brief article)
April 2, 2007... Advertising veteran Ann Beriault has been named partner at Indianapolis' largest advertising agency, Young & Laramore. Beriault joined Y&L in 1997 and has been director of account services on Beriault several accounts, including Chautauqua...

Conflict over not-for-profits nears resolution.(MINORITY BUSINESS)(Brief article)
April 2, 2007... A potential dust-up between not-for-profits and women- or minority-owned businesses appears to have been averted. In January, State Rep. Bill Crawford, D-Indianapolis, introduced HB 1566, which would expand Henderson the definition of...

Child, family groups merge.(PHILANTHROPY)(Prevent Child Abuse Indiana)(The Villages)(Brief article)
April 2, 2007... Two of the state's largest not-for-profits serving children and families are merging. Prevent Child Abuse Indiana will become a separate division of The Villages, the state's largest not-for-profit child and family services agency. ...

The prize might pay for only a couple of new copy machines and a bigger office refrigerator, but the honor is a big deal for many a not-or-profit organization.(PHILANTHROPHY)
April 2, 2007... The prize might pay for only a couple of new copy machines and a bigger office refrigerator, but the honor is a big deal for many a not-or-profit organization. The 2007 Indiana Achievement Awards program has begun seeking applications in a...

OK, kid, you have 500 seconds.(SMALL BUSINESS)(business plan competitions)(Brief article)
April 2, 2007... Trying to get a new spin on business plan competitions, Ball State University's Entrepreneurship Center kicked off a racing-themed contest. For the debut of the Nascent 500 Business Plan Challenge, the college winnowed down the submitted...

State-certified tech parks poised for review.(TECHNOLOGY)(Brief article)
April 2, 2007... Indiana has now certified 18 technology parks in communities across the state. But that total is poised to shrink, thanks to pending state legislation. Intended to stimulate the growth of high-tech firms, CTPs are allowed to capture up to...

Logistics firm expands.(TRANSPORTATION)(MD Logistics)(Brief article)
April 2, 2007... MD Logistics has completed an expansion of its Plainfield complex that is expected to house 85 new workers. The company added 2,500 square feet to its 1301 Perry Road offices, which now total 8,500 square feet. Another 120,000 square...

BKD LLP.(ACCOUNTING)(BKD L.L.P. appointments)(Brief article)
April 2, 2007... BKD LLP has added the following: Jacob A. Hollenbaug, Lauren A. E. Bentle and Linda J. Miller, administrative support team; Edward J. Merchant and Deborah A. Sawyer, supervisor, tax services; and Kathryn E. Swihart, senior consultant.

Regina Judd has joined Dunbar Cook & Shepard P.C.(ACCOUNTING)
April 2, 2007... * Regina Judd has joined Dunbar Cook & Shepard P.C. as a staff accountant.

Chase.(BANKING)
April 2, 2007... * Ben Hodgin has been promoted by Chase to regional manager for Home Mortgage in Indiana.

Jennifer Coy has joined Huntington Bank.(BANKING)
April 2, 2007... * Jennifer Coy has joined Huntington Bank as a business banker.

James A. Buell has joined Ameriana Bank as vice president, commercial lending.(BANKING)
April 2, 2007... James A. Buell has joined Ameriana Bank as vice president, commercial lending. Keegan Cherry has joined as banking center officer, Greenfield.

Shelly Bingle-Coffman has joined Planned Parenthood of Indiana.(CIVIC/NOT-FOR-PROFIT)
April 2, 2007... * Shelly Bingle-Coffman has joined Planned Parenthood of Indiana as development director.

Jamie Mitchell has joined Easter Seals Crossroads.(CIVIC/NOT-FOR-PROFIT)
April 2, 2007... * Jamie Mitchell has joined Easter Seals Crossroads as marketing coordinator.

Susan G. Komen for the Cure.(CIVIC/NOT-FOR-PROFIT)(research institutes appointments)(Brief article)
April 2, 2007... Susan G. Komen for the Cure has elected the following officers: Jill Henry, St Richards School, president; Jane Callahan, Community Health Network, vice president; Karla Schlichte, Blue & Co., treasurer; and Grog Morical, Lauth Group,...

Jennifer Arnold has joined Second Helpings Inc.(CIVIC/NOT-FOR-PROFIT)
April 2, 2007... * Jennifer Arnold has joined Second Helpings Inc. as marketing and development assistant.

The Wellness Community-Central Indiana.(CIVIC/NOT-FOR-PROFIT)
April 2, 2007... The Wellness Community-Central Indiana has named the following officers: Gary Stach, chairman: Stacy Wells, Wells Fargo Bank, chairwoman elect; Helen Pryor, Ingersoll Rand Security Technologies, treasurer; and Jay Hoy, Kightlinger & Gray LLP,...

Boys & Girls Club of Zionsville.(CIVIC/NOT-FOR-PROFIT)
April 2, 2007... David Ide has been named chief operating officer of the Boys & Girls Club of Zionsville

Greg Fulaytar has joined Brandt Construction Inc.(CONSTRUCTION)
April 2, 2007... * Greg Fulaytar has joined Brandt Construction Inc. as assistant project manager.

Keystone Construction Corp.(CONSTRUCTION)
April 2, 2007... * Terry Eyster has been promoted to superintendent with Keystone Construction Corp.

Ivy Tech Community College-Central Indiana.(EDUCATION)(appointments)(Brief article)
April 2, 2007... Ivy Tech Community College-Central Indiana has added the following: * James N. Barney, executive director of administrative services; and * Paul St. Angelo, executive director of resource development. * Sarah Janicki has been promoted to...

Providence Cristo Rey High School.(EDUCATION)
April 2, 2007... Providence Cristo Rey High School has named the following new directors: * J.P. Hanlon, Baker & Daniels, and * Scan M. O'Connor, Dauby O'Connor & Zaleski.

American College of Sports Medicine.(EDUCATION)(appointments)(Brief article)
April 2, 2007... * Vicki Perkins has been named assistant executive vice president of foundation, education and meetings at the American College of Sports Medicine. * Rachael Niehaus has been named communications & public information coordinator.

St. Richard's School.(EDUCATION)
April 2, 2007... * The Rev. Peter Cheney has been named interim headmaster at St. Richard's School.

Perry Township Education Foundation.(EDUCATION)
April 2, 2007... * Sandra H. Howarth has been named executive director for the Perry Township Education Foundation.

University of Indianapolis.(EDUCATION)(appointments)(Brief article)
April 2, 2007... The University of Indianapolis has added the following to its board of trustees: Deborah J. Daniels, Krieg DeVault; Barry S. Howard, Fairly and Co. Inc.; Robert A. Palmer, FedEx; and David G. Sease, Sease Gerig & Associates.

Kindra Orr joined the IUPUI University Library.(EDUCATION)
April 2, 2007... Kindra Orr joined the IUPUI University Library as the director of development.

International School of Indiana.(EDUCATION)
April 2, 2007... Douglas R. Brown, Stewart & Irwin PC, has been named chairman of the board and president of the International School of Indiana.

Mark Fellwock has joined Advanced Manual Physical Therapy.(HEALTH CARE)
April 2, 2007... * Mark Fellwock has joined Advanced Manual Physical Therapy as clinic director.

Linda Q. Everett has joined Clarian Health.(HEALTH CARE)
April 2, 2007... Linda Q. Everett has joined Clarian Health as executive vice president and chief nurse executive.

Health Foundation of Greater Indianapolis.(HEALTH CARE)(The Health Foundation of Greater Indianapolis appointments)(Brief article)
April 2, 2007... The Health Foundation of Greater Indianapolis has named the following officers: * Martin J. Radecki, chairman; * Dr. Virginia A. Caine, vice chairwoman; * G. Elaine Johnson, secretary; * David E. Kelleher, treasurer; Thomas J. Feeney, immediate...

University Loft Co.(MANUFACTURING)
April 2, 2007... * Ed Schneider has been named vice president of sales, retail division, at. University Loft Co.

Design Media Connections.(PRINTING/PUBLISHING)
April 2, 2007... * Jim Kiefer has been named president of Design Media Connections.

Keller Williams Realty Indianapolis Metro North.(REAL ESTATE)(appointments)(Brief article)
April 2, 2007... Keller Williams Realty Indianapolis Metro North has added the following real estate agents: Michelle Amiss, Lovell Cathey, Jim Gilday, Howard Hill, Greg Keller, Christy Jones, Ken Lawson, Pamela Maxwell, Karen Mugavin, Julia Ndiaye, Megan...

Keller Williams Realty.(REAL ESTATE)
April 2, 2007... * Kelly Schaub has been named buyers specialist at the Gutting group of Keller Williams Realty.

Home Run Realty.(REAL ESTATE)
April 2, 2007... Home Run Realty has added the following sales associates: Pat Burger, * Chris Van Selow and Jan Kelsey.

Re/Max of Indiana.(REAL ESTATE)
April 2, 2007... * Carmen Bailey has been promoted to director of regional services at Re/Max of Indiana.

Coleen Broach has joined Re/Max Real Estate Groups.(REAL ESTATE)
April 2, 2007... * Coleen Broach has joined Re/Max Real Estate Groups as a sales associate.

Emily Wichlinski has joined Re/Max Ability Plus in Broad Ripple.(REAL ESTATE)
April 2, 2007... * Emily Wichlinski has joined Re/Max Ability Plus in Broad Ripple as a sales associate. * Jamey York has joined as broker manager.

Dennis Koester and Debbie Cole have joined Re/Max Realty Mart.(REAL ESTATE)
April 2, 2007... * Dennis Koester and Debbie Cole have joined Re/Max Realty Mart as sales associates.

Christina Vaughn has joined Re/Max Premier Group.(REAL ESTATE)
April 2, 2007... * Christina Vaughn has joined Re/Max Premier Group as a sales associate.

Joel Reuter has recently joined Duke Realty Corp.(REAL ESTATE)
April 2, 2007... * Joel Reuter has recently joined Duke Realty Corp. as vice president of corporate communications and public relations.

BremnerDuke Healthcare Real Estate.(REAL ESTATE)
April 2, 2007... * Teresa Anderson has been promoted to property manager at BremnerDuke Healthcare Real Estate.

Century 21 At The Crossing Inc. at 96th street.(REAL ESTATE)
April 2, 2007... Century 21 At The Crossing Inc. at 96th street has added the following associates: * Mark Forcum, * Susan Conrad, * Deedra McClung, and * Homa Wahab.

Don R. Scheidt & Co. Inc.(REAL ESTATE)
April 2, 2007... Hank Rassel has been named a partner at Don R. Scheidt & Co. Inc.

Century 21 At The Crossing In The Village office, Zionsville.(REAL ESTATE)(appointments)(Brief article)
April 2, 2007... * Julie Catton has been promoted to managing broker of the Century 21 At The Crossing In The Village office, Zionsville, and * Carly Doyle has been named office manager.

Columbia Club.(SERVICES)(appointments)(Brief article)
April 2, 2007... Columbia Club has named the following officers: * David Certo, State of Indiana, president; * Gregory L. Harris, Indianapolis Fire Department, vice president; * Lawrence L. Smith, Ball State University, treasurer, and * David J. Cislak, Kiwi...

Midwest Mole.(SERVICES)
April 2, 2007... David Howell has been promoted to safety director at Midwest Mole.

Indiana joins splashdown of water parks: indoor resorts on the rise as hotels try to lure guests during offseason.(Focus: HOSPITALITY/MEETINGS/EVENTS QUARTERLY)
April 2, 2007... The names Caribbean Cove and Paradise Bay inspire thoughts of tropical destinations where sunbathers slather lotion like Hoosiers butter their corn on the cob. In reality, these types of "resorts" are spouting up throughout the Midwest,...

Sheraton replacing Radisson downtown: experts say new brand should give hotel a boost.(Focus: HOSPITALITY/MEETINGS/EVENTS QUARTERLY)(Sheraton Indianapolis City Centre Hotel)
April 2, 2007... The downtown Radisson Hotel City Centre will get a new life by the end of this year, converting into the Sheraton Indianapolis City Centre Hotel. Experts say the change is good for downtown and that hotel owners are trading up by switching...

Planners selling city with video: 'Doing Indy' video-podcasting campaign first of its kind in convention business.(Focus: HOSPITALITY/MEETINGS/EVENTS QUARTERLY)(Indianapolis' marketing initiative)
April 2, 2007... What began as an innovative way to market Indianapolis over the Internet has gained enough of a following to grab the attention of a local cable television provider. The Indianapolis Convention and Visitors Association started streaming...

Companies should strive to make meetings meaningful: organizational leadership experts say many companies could be more productive with fewer, better gatherings.(Focus: HOSPITALITY/MEETINGS/EVENTS QUARTERLY)
April 2, 2007... Executive Steve Kellam once went to such great lengths to cheer up colleagues during a difficult period that he arrived at a company meeting wearing a Clifford the Big Red Dog costume. He's dressed as a clown as well. It's doubtful...

Golf courses in tourism project earn honors.(FOCUS / HOSPITALITY/MEETINGS/EVENTS QUARTERLY)(Brief article)
April 2, 2007... Great Lakes Golf Magazine recently gave several courses that participate in the Hamilton County "Stay and Play" golf program with rankings in its 2007 Player's Choice Awards. In the category "Best Course in Indiana," Bear Slide was ranked...

ROSE awards ceremonies honor hospitality workers: eleven employees commended for top-level service.(FOCUS / HOSPITALITY/MEETINGS/EVENTS QUARTERLY)(Recognition Of Service Excellence awards)(Awards list)
April 2, 2007... Eleven individuals received ROSE Awards at the Indianapolis Convention & Visitors Association's 16th annual event in mid-March. The Rose--for Recognition Of Service Excellence--honors employees who positively influence a visitors'...

Tourism states would be losers in flu pandemic, study says.(FOCUS / HOSPITALITY/MEETINGS/EVENTS QUARTERLY)
April 2, 2007... Bloomberg News A deadly flu pandemic could drain as much as $9 billion from the economy of Nevada, according to a study that says states that depend on tourist and entertainment income stand to lose the most in the event of an outbreak....

Largest Indianapolis-area independent caterers (1).(FOCUS: HOSPITALITY/MEETINGS/EVENTS QUARTERLY)(Statistical table)
April 2, 2007... Largest Indianapolis-Area Independent Caterers (1) (Ranked by 2006 gross catering sales (2)) PRICE RANGE PER PERSON: ...

Diversify your portfolio; don't let greed get in way.(BULLS & BEARS)(stock market trends)
April 2, 2007... We all do dumb things now and then. We rarely start out thinking what we are going to do is dumb. When the good idea does not work out, we say, "Well, it seemed like a good idea at the time." I wonder if Evel Knievel subconsciously...

Keep eye on inflation but don't batten down hatches.(INVESTING)
April 2, 2007... For the first time in a while, I am going to use both hands when I write the column. If you visit this space even occasionally, you know I call my spots and I don't hedge my opinion. I was practically all alone in late February when I wrote as...

Why economists don't get invited to parties.(ECONOMIC ANALYSIS)
April 2, 2007... To borrow a phrase from religion, there are among us a number of people who can be called "supermarket economists." These are individuals who pick and choose the portions of economic doctrine they like, and ignore the conclusions of economics...

Zimmer Holdings Inc.(PROXY CORNER)(Company overview)
April 2, 2007... Zimmer Holdings Inc., 345 E. Main St., Warsaw, 46580 (www.zimmer.com), through its subsidiaries designs, develops, manufactures and markets orthopedic reconstructive implants, fracture management products and other products relating to...