Indianapolis Business Journal articles from February 2002

Indianapolis Business Journal archives from February 2002

Agility keeps Amtran aloft: Airline emerges from storm sooner than 'big guys'.(Statistical Data Included)
February 4, 2002... Amtran Inc. majority owner J. George Mikelsons sees a chess board when he looks skyward. Sept. 11 changed the moves, including Mikelsons' attempt to take Amtran private again, but he still saw a chance to improve the company's position. ...

Bank tower heading for icy market: Lend Lease ready to sell First Indiana building.(Brief Article)(Statistical Data Included)
February 4, 2002... One of the biggest investors in the downtown Indianapolis office market is looking to diminish its stake in the Hoosier capital. Lend Lease Real Estate Investments wants to unload First Indiana Plaza, a 28-story, 423,000-square-foot office...

Lampoon persistence pays off: Laikin become COO as local group ups stake.(Brief Article)
February 4, 2002... An agreement signed last week anoints Indianapolis entrepreneur Dan Laikin chief operating officer of the L.A.-based company that owns the National Lampoon brand name, and leaves three local businessmen as its largest shareholders. The...

Eastgate goes under contract: Buyer's methods rile some in other markets.(Eastgate Consumer Mall)(Brief Article)
February 4, 2002... A low-profile North Carolina investor has signed a contract to buy the long-struggling Eastgate Consumer Mall, a deal that would relieve owner Simon Property Group of the vexing eyesore but by no means assures its redevelopment. "I do have...

New college presidents have common ambitions: Finances top agendas for Butler, Marian leaders.
February 4, 2002... At first blush, Butler University and Marian College don't have much in common, aside from their proximity to each other a few miles northwest of downtown. Butler has an urban feel, with 46th Street running into the heart of campus....

Gaining back good graces of investors: Guidant financial results, stock price both have recovered from slump. (Health Care).(Brief Article)(Statistical Data Included)
February 4, 2002... What a difference six moths can make. Last July, Indianapolis-based Guidant Corp. arguably faced its first loss of confidence on Wall Street. Lower-than-anticipated financial results for several quarters, two product recalls and a...

Familiar Crossmann faces to stick around. (IBJ Daily).(Crossmann Communities Inc. moving headquarters)(Brief Article)
February 4, 2002... The headquarters for Crossmann Communities Inc. will move after its acquisition closes later this year, but many of the home builder's executives will still collect their paycheck in Indianapolis. Locally based Crossmann announced plans...

Out with Knobby's, in with 24-hour convenience. (IBJ Daily).(Brief Article)
February 4, 2002... In an ironic commentary on changing market trends, Knobby's Restaurant and Lounge will fall to the wrecking ball and be replaced with a BP Connect gas station, complete with a Wild Bean cafe. Knobby's, at 5201 N. Keystone Ave., closed Dec....

Generic Prozac depresses Lilly earnings. (IBJ Daily).(Brief Article)(Statistical Data Included)
February 4, 2002... Eli Lilly and Co. on Jan. 24 reported its fourth-quarter and year-end earnings, which showed the locally based drugmaker is still smarting. from the introduction of genetic Prozac. Generic competition for Lilly's blockbuster antidepressant...

New-home permits hit record in 2001. (IBJ Daily).(Brief Article)(Statistical Data Included)
February 4, 2002... Like nearly every other home sales statistic permits issued to build new homes hit a record high in 2001. In the nine-county Indianapolis area, 15,054 building permits for single-family homes were issued in 2001. Last year, 13,365 permits...

ASI lands in hot water with SEC. (IBJ Daily).(Analytical Surveys Inc. says Securities and Exchange Commission is investigating it)(Brief Article)
February 4, 2002... One locally based company found itself having to revisit a dark period in its history after federal regulators came calling. Analytical Surveys Inc. announced Jan. 23 that the U.S. Securities and Exchange Commission has launched a formal...

Membership building for emerging MISO: Agreements, federal rulings strengthen model.(Midwest Independent System Operator)(Brief Article)
February 4, 2002... An agreement to create a wholesale power market encompassing 26 states is the latest of numerous developments helping launch the Carmel-based Mid-west ISO as a favored transmission operator. The Midwest Independent Transmission System...

Former Colts star Herrod stumbles into bankruptcy.(Jeff Herrod, former linebacker with Indianapolis Colts)(Brief Article)
February 4, 2002... Jeff Herrod, the Indianapolis Colts' leading tackler seven of his 10 seasons with the team, found himself in a nondescript conference room downtown last week trying to explain how he'd landed in bankruptcy court. Joe McGonigal of the U.S....

Golf facility proposed on south Monon Trail: Project has backing from Tiger Woods, PGA.(in Indianapolis)(Brief Article)
February 4, 2002... Blighted property between 25th and 28th streets along what will soon be the Monon Trail extension downtown is targeted for the city's next golf facility, which could be partially underwritten by the Tiger Woods Foundation, World Golf Foundation...

Manufacturer names accounting firm in suit: Complaint follows action against consultant.(Brief Article)
February 4, 2002... A worldwide manufacturer has filed a lawsuit against the local Ernst & Young LLP office seeking more than $16 million in damages. The action follows a previous complaint naming the accounting firm's former consulting arm. The original...

Architectural firm cuts some staff. (Circle City Spectator).(Ratio Architects Inc.)(Brief Article)
February 4, 2002... Bracing for a downturn in projects, the city's fourth-largest architectural firm has laid off a quarter of its architects. Ratio Architects Inc., which employed 20 licensed architects, has eliminated five of the positions, according to...

New Indiana venture fund announced. (Circle City Spectator).(Village Ventures Inc. plans next fund)(Brief Article)
February 4, 2002... Williamstown, Mass.-based Village Ventures Inc., which manages a network of regionally focused venture capital funds, has announced its 14th fund will be based in Indiana, with offices in Bloomington and Indianapolis. Village Ventures'...

Engledow makes local acquisition. (Engledow Group).(Engledow Group acquires Irrigation Specialists)(Brief Article)
February 4, 2002... The Engledow Group recently acquired Irrigation Specialists, one of Indianapolis' largest irrigation service contractors. Officials for Indianapolis-based Engledow said the acquisition adds enhanced irrigation expertise to current exterior...

Follow the free movie tickets. (Circle City Spectator).(Hollywood Bar and Filmworks and Kroger team up for promotion)(Brief Article)
February 4, 2002... In an effort to lure the kiddie set downtown, Hollywood Bar & Filmworks has struck a deal with Kroger to offer complimentary children's tickets to matinee showings at the South Meridian Street theater. The new program kicked off last...

Carmel wants to send INDOT $374,000 bill. (Real Estate).(multiple industry briefs)
February 4, 2002... The city of Carmel hopes to make the state pay for the pricey settlement of a Meridian Corridor land dispute. Bob Leeper of Leeper Electric Service Inc. will collect $374,000 from Carmel under the terms of settlement reached last month,...

Imperfect compromise moving forward: Regulators, lenders support proposal.(bill to limit payday lender fees)
February 4, 2002... In what appears to be an uneasy truce, payday lending industry representatives and state regulators are both working to, get a new law passed that will better regulate the industry in Indiana. The effort comes after a state Supreme Court...

Indiana's finances worry credit rating agencies: Downgrade could cost Indiana millions.(Brief Article)
February 4, 2002... Several of the nation's largest credit rating agencies are concerned about Indiana's fiscal health. Movement in the Statehouse is their primary thermometer, and if legislators don't do something to soothe their fears, the state could soon find...

When Democrats sound like Republicans. (Statehouse Dispatch).(Indiana tax policy debate)(Brief Article)
February 4, 2002... A so-called "short session" of the Indiana General Assembly--a non-budget session--is characterized by a swifter pace and greater urgency than the longer, evenly paced budget sessions. But even with this caveat action last week in the House of...

Reach Out and Read program reaching for youth.(Brief Article)
February 4, 2002... Indianapolis pediatricians prescribe medicine to their patients on a daily basis. Soon many physicians, mainly from Methodist, Indiana University and Riley hospitals, will also be "prescribing" books to patients for the-Reach Out and Read...

Living wage proposal needs rethinking.(Brief Article)(Editorial)
February 4, 2002... A push to establish the so-called "living wage" in Indianapolis is about to reach the City-County Council thanks to an ordinance proposed by Elwood Black. The attempt to create a $10 per hour minimum wage for public employees, city contractors...

Letters.
February 4, 2002... Let's forget living wage I wanted to comment on your [Jan. 28] article about the "living wage" that will be proposed by Councilman Black. The idea of pay rates based on "need" rather than "skills" is utterly ridiculous. Where would this...

Indianapolis has rendezvous with destiny. (Viewpoint).(strategic visioning)(Brief Article)(Column)
February 4, 2002... "This generation of Americans has a rendezvous with destiny." It is a powerful and motivating thought, both an acknowledgment and a charge. It may be better if you are not familiar with the origin, free to consider it outside the...

Stockholders may seek protection. (Eye on the Pie).(Brief Article)
February 4, 2002... Personal income is divided into three major sections. By far the biggest is what we get from working, either for our-selves or for someone else. Back in 1959, 81 percent of our income came from working. Today that figure is 69 percent, a loss...

Blowing billions on bureaucratic boondoggles. (Thinking Things Through).(Brief Article)(Column)
February 4, 2002... This column is dedicated to the brilliant IUPUI professor Dr. Bill Blomquist, who knows even more about water than Esther Williams does. They're borrowing big bucks on John Q's credit card again. With new spring garments already blossoming...

Correction and clarification.(Correction Notice)
February 4, 2002... * The St. Francis Cardiac & Vascular Care Center will be built as an addition connected to St. Francis Hospital Indianapolis. A story last week gay an incorrect name for the center and said it would be a stand-alone facility. * Scott...

Hunter: A success story missed in press hoopla.(Ron Hunter, Indiana University-Purdue University Indianapolis)(Brief Article)
February 4, 2002... He is right under our noses, just like a mustache. But somehow, in the recent rush to proclaim Indiana a capital of coaching diversity with the Indianapolis Colts' hiring of Tony Dungy, a heck of a guy doing a hell of a job was overlooked. ...

Museum on dino expert search: New exhibit creates international hunt. (Workforce: Training, Recruitment & Education).(Children's Museum of Indianapolis, Dinosphere)
February 4, 2002... The ad would be compelling: Wanted: Paleontologists and preparators willing to leave their labs, free their imaginations, and resurrect a world that died 65 million years ago. Must know answers to thousands of questions (including,...

Partnership pairs business with Army recruits. (Workforce: Training, Recruitment & Education).(Partnership for Youth Success program)(Brief Article)
February 4, 2002... In an effort to boost its enlistment numbers, the U.S. Army also is recruiting for corporate America--including companies with operations in central Indiana. The Army's 18-month-old Partnership for Youth Success, or PaYS, program has...

Job fair interest takes hit: College recruiting slowed by economy. (Workforce: Training, Recruitment & Education).(Indiana)(Brief Article)
February 4, 2002... Employer attendance at central Indiana college job fairs has dropped and on-campus recruiting has been hit h d by the shaky economy, but there's some evidence the worst may be over. After sharp declines last fa11, college career service...

U.S. companies counting on more foreign workers. (Bloomberg News).(Brief Article)(Statistical Data Included)
February 4, 2002... Companies and other groups in the U.S. sought 14 percent more skilled foreign workers last year than in 2000 in spite of a sliding economy and a surge in layoffs, according to the Immigration and Naturalization Service. The H-1B visa...

Indiana Colleges and Universities. (Workforce Training, Recruitment & Education).(Illustration)(Statistical Data Included)
February 4, 2002... Indiana Colleges and Universities (Ranked by average combined SAT score for incoming freshmen) School Fall 2001: Teaching faculty: Main campus address average full-time/ ...

People.(Brief Article)
February 4, 2002... Information for People must be submitted at least 11 days before the Monday issue in which it is to appear. Photographs with names on the back must be black-and-white and of good quality; they cannot be returned. An asterisk indicates that a...

Largest Indianapolis-Area Retail Florists.(Illustration)(Statistical Data Included)
February 4, 2002... Largest Indianapolis-Area retail florists (Ranked by number of local FTE floral designers) Rank Florist Local FTE: 2001 Address designers/employees/ rank Telephone/fax/Web site...

Shrinking labor pool vexes employers: Tech costs, economy also cause concerns. (Who's Who in Construction, Design & Engineering).
February 4, 2002... A robust economy that brought a labor shortage to much of the state during the latter part of the 1990s left employers scrambling to find competent workers. The struggle to fill those positions broadsided the construction, design and...

Largest Indianapolis-Area Engineering Firms.(Illustration)(Statistical Data Included)
February 4, 2002... Largest Indianapolis-Area Engineering Firms (Ranked by 2001 local engineering billings) Rank Firm Local Total 2001 Address engineering local rank Telephone / fax /...

Bully for the bear market--here for now. (Investing).(Brief Article)(Column)
February 4, 2002... So, will it be six more months of bear market? I don't know about the groundhog, but every logical indicator says we are far from seeing the bull again. As a matter of fact, the entire bull case rests on extremely shaky evidence. All of...

When putting pen to paper, less is more. (Hetrick).
February 4, 2002... Do you choose big words when little ones will do? Do you prefer many words when a few will suffice? I read lots of words. I read newspapers; magazines and books. I read letters from job-seekers, essays by students and flyers sent home by...

Reading the 10-K may be scary, but a smart investor must do it. (Bulls & Bears).(Brief Article)(Column)
February 4, 2002... The market has a new theme now and it is accounting. It's understandable if you're skeptical in the wake of recent news, but it's probably still the best in the world. Personally, I think more than 99 percent of accounting is accurate and...

Indexes & Rates. (Market Week).(Brief Article)(Illustration)(Statistical Data Included)
February 4, 2002... Indexes & rates Dow Jones Industrial Average 9762.90 YTD change -2.6% S&P 500 index 1113.57 YTD change -3.0% NASDAQ composite index 1913.42 YTD change ...

Gainers & Losers. (Market Week).(financial data)(Brief Article)
February 4, 2002... Gainers & losers POINT GAINERS Crossmann Communities Inc. +13.49 ITT Educational Services Inc. +6.01 ArvinMeritor Inc. +3.51 Franklin Electric Inc. +3.22 POINT LOSERS Eli Lilly and...

Out-of-State Issues of Interest. (Market Week).(Brief Article)(Illustration)(Statistical Data Included)
February 4, 2002... Out-of-state issues of interest Wed week ytd % 52-week 52-week close change change high low Banc Once (ONE) 36.66 -1.62 -6.1% 40.00 ...

Over the Counter. (Market Week).(Illustration)(Statistical Data Included)
February 4, 2002... Over the Counter January 24-30, 2002 Compiled by Morgan Stanley Dean Witter Wed week ytd % 52-week close change change high low AMB Financial...

Indiana Stock Index. (Market Week).(Brief Article)
February 4, 2002... Indiana Stock Index Date Closing Change 1/24 143.32 -.72 1/25 143.38 +.06 1/28 144.13 +.75 1/29 143.04 -1.09 1/30 148.33 +5.29 The Indiana Stock Index was created in January 1983 to track stock...

Earnings and Dividends. (Market Week).(Brief Article)
February 4, 2002... Earnings and Dividends EARNINGS REVENUE NET INCOME (LOSS) this year - last year this year - last year Eli Lilly and Co. fourth quarter $2.829 b - $2.978 b $575.4 m...

% Interest Rates. (Market Week).(Brief Article)
February 4, 2002... % Interest Rates Money Mkt. 6-month 12-month 30-month savings (1) CD CD CD APY APY APY APY ...

Walking the economic tightrope between saving and spending. (Economic Analysis).(Brief Article)
February 4, 2002... It's not an economist's duty to determine whether it's patriotic to spend money. But just about every other consequence of spending dollars comes under our purview, which brings us back to much the same question: Is it good for the economy for...

Telamon Corp. (Tech News).(wins contract)(Brief Article)
February 4, 2002... Locally based Telamon Corp.'s ibuybroadband division will provide Internet access services to Owens Corning's telecommuters.

Fishers-based Theoris Inc. has acquired the consulting practice and software products. (Tech News).(Brief Article)
February 4, 2002... Fishers-based Theoris Inc. has acquired the consulting practice and software products of Indianapolis-based Profound Consulting.

Indianapolis-based Aprimo. (Tech News).(contract with Ford Motor)(Brief Article)
February 4, 2002... Ford Motor Co.'s global marketing group has selected the marketing platform of Indianapolis-based Aprimo for its employees' use.

Indianapolis-based LMiV. (Tech News).(launches listener club)(Brief Article)
February 4, 2002... Indianapolis-based LMIV has launched the LMIV Digital Station Listener Club, a permission-based e-mail system that gives member stations the potential to sell targeted advertising programs based on specific listener information.

Cook Inc. (Tech News).(trial for stent)(Brief Article)
February 4, 2002... Bloomington-based Cook Inc. has received conditional approval from the U.S. Food and Drug Administration to enroll 200 patients at 20 sites in a U.S. clinical trial of its new coronary stent to combat restenosis, company officials reported,...

FFW Corp. (Proxy Corner).(financial data)(Brief Article)
February 4, 2002... Based in Wabash, FFW Corp. is a holding company for First Federal Savings Bank of Wabash, which serves Wabash, Kosciusko and Whitley counties in northeast Indiana. The bank originates residential mortgages and consumer loans, as well as...

Child Advocates Inc. (Not-for-Profit of Note).(financial data)(Brief Article)
February 4, 2002... * Mission statement: To represent and protect the best interests of children involved in legal proceedings by providing Guardian ad Litem services in Marion County and by providing training and other services to others representing children in...

Crackers, not hackers offer greatest threat to electronic citadel. (Return on Technology).(Brief Article)
February 4, 2002... As you undoubtedly know by now, your computer, network, Web Site and coffeemaker are in dire, deadly danger. You've watched CNN and you know all about viruses. You can probably name six of them. And chances are you're scared spitless about...

Discom patents new formula for success: Firm binds CD sleeves into books. (Small Business Profile).(Brief Article)
February 4, 2002... He wears a leather Harley-Davidson hat, jeans and a blonde ponytail that reaches his shoulders. This description does not invoke the image of an innovative businessman and president of two companies. Jeff Combs, who started Discom...

"Creating the Innovation Culture: Leveraging Visionaries, Dissenters and Other Useful Troublemakers in Your Organization". (Book Reviews).(Brief Article)
February 4, 2002... By Frances Horibe How can troublemakers possibly be good for an organization? Isn't dissent something that should be quashed with lightning speed? Frances Horibe describes how dissenters are also the source of creative ideas. With...

Superbowl sideline suits him. (Profile).(Brief Article)
February 4, 2002... For the 23rd consecutive year, Dr. Philip Eskew will have a sideline view of the Super Bowl. Likely as not, it won't be until he sees a tape of the game that he'll learn exactly what happened. He'll be so busy helping an NFL Films...

Web page review. (After Hours).(Brief Article)
February 4, 2002... One of the first articles I wrote for the IBJ was about instant messaging. Instant-messaging clients (the software you run on your computer) come in a variety of shapes and sizes, from the popular AOL Instant Messenger (AIM), the most widely...

On the Exchange. (Market Week).(Brief Article)
February 4, 2002... On the Exchange Wed week ytd % 52-week 52-week close change change high low Alltrista Corp. (ALC) 18.70 1.70 19.1% 19.00 10.70 Anthern...

Andersen confronts fallout: Local office takes aggressive stance toward damage control amid Enron scandal.(Brief Article)
February 11, 2002... Partners of the local Andersen accounting office are scurrying to ease any worries jittery audit clients might have about the embattled firm's link to Enron Corp.'s collapse. Andersen, a Big Five firm, is the city's sixth-largest...

BSA Design spins off interior design services: City's largest architect taps female principal.(Brief Article)
February 11, 2002... A plan undertaken by BSA Design Inc. to double revenue within five years has led the city's largest architectural firm to spin off its interior design services into a separate company. The new venture, Maregatti Interiors, is led by Ana...

Flawed forecasts failed state: Missed budget estimates, Indiana's overspending led to record shortfall.(Brief Article)
February 11, 2002... Nobody can predict the future. But every two years, Indiana's budgetary process requires the state to look into the crystal ball and take its best guess. The result over the last decade don't say much for the state's soothsaying talents....

Indians board mulls poison pill: Team attempts to strike out hostile takeovers.
February 11, 2002... With the exodus of several major companies from the city fresh in their minds and the volatile nature of professional sports ever looming, Indianapolis Indians officials are preparing to amend their articles of incorporation to help assure the...

Water bid stresses charitable giving: Managers willing to give will receive added consideration.(in contract bid for management of Indianapolis Water Co.)(Brief Article)
February 11, 2002... Companies competing for a city contract to manage operations of the Indianapolis Water Co. might improve their chances by showing how much they would spend on community causes. Becoming a city stalwart by promoting "the quality of life...

Matchmakers build business on love: Online dating services challenge traditional firms.(Brief Article)
February 11, 2002... Dating can be a drag--on your emotions and your checkbook. Whether you go out for dinners or drinks, to movies or museums, the price of riding the merry-go-round of love can be high. Enter the professional matchmaker, which endeavors to...

Big Three bring big biz to Powerway. (IBJ Daily).(software company adds contracts with Ford Motor Co., General Motors Corp.)(Brief Article)
February 11, 2002... Locally based software maker Powerway Inc. announced Feb. 5 it has scored a deal in which suppliers to the country's three largest automakers will use its software. Ford Motor Co. and General Motors Corp. agreed to use Powerway.com for...

Metro area to have fewer Topics. (IBJ Daily).(Gannett Co. changes name, cuts staff at Topics Newspapers)(Brief Article)
February 11, 2002... Gannett Co., the Virginia-based chain that purchased Indianapolis Newspapers Inc. in 2000, announced major changes Jan. 31 to one of INI's units, Topics Newspapers. (see Media & Marketing, page 13.) Beginning in April, The Daily Ledger...

Future not looking so bright at Brightpoint. (IBJ Daily).(wireless telephone equipment distributor restates earnings)(Brief Article)(Statistical Data Included)
February 11, 2002... A normally run-of-the-mill occurrence--the quarterly earnings release--touched off a downward spiral for locally based Brightpoint Inc.'s stock. (See Andrews, page 6A.) The wireless-telephone equipment distributor released earnings Jan....

Ad firm puts Lockerbie development on hiatus. (IBJ Daily).(2nd Globe Structures L.L.C.)(Brief Article)
February 11, 2002... 2nd Globe Structures LLC, a unit of locally based advertising powerhouse Young & Laramore, said Jan. 31 it has halted a redevelopment project slated for a square-block area immediately north of Lockerbie Square. The project, a mixture of...

Rating agencies eye NiSource. (IBJ Daily).(Brief Article)
February 11, 2002... Indianapolis Water Co. parent NiSource Inc. is finding itself in hot water with two investor services that rate companies. Earlier this month, Moody's Investors Service lowered its ratings on about $8 billion worth of NiSource debt to...

Malpractice carrier fails, causing headaches: Phico liquidation leaves questions about how pending Indiana claims will be handled.(Phico Insurance Co.)(Brief Article)
February 11, 2002... A Pennsylvania malpractice insurer has failed to recover from financial difficulties and is being liquidated, raising uncertainty about how as many as 1,000 pending medical malpractice claims in Indiana will be handled. The dissolution of...

Brightpoint revisions trigger investor panic. (Andrews).(Brief Article)
February 11, 2002... With investors already obsessing over accounting obfuscations at other U.S. companies, Brightpoint Inc. could not have announced at a worse time that it was restating past years' earnings--for the second time in just three months. Wall...

Angel investor joins former ITP president's firm: Life science opportunities attract Compton, Miller. (Info Tech).(Robert Compton, Thomas P. Miller and Associates L.L.C.)(Brief Article)
February 11, 2002... In the last few years, big-picture thinkers around the Midwest have increasingly predicted the next new thing will be an enormous surge in the life sciences industry. Angel investor Robert Compton and former Indiana Technology Partnership...

Dann Pecar loses fight for $3m. (Circle City Spectator).(court denies bonus request)(Brief Article)
February 11, 2002... A federal bankruptcy court judge has denied Dann Pecar Newman & Kleiman's request for a $3 million bonus for representing consumers in the bankruptcy of Evansville-based A.G. Financial Service Center Inc. The 5,200 consumers, buyers of home...

2001 venture capital totals stabilize. (Circle City Spectator).(Brief Article)(Statistical Data Included)
February 11, 2002... Institutional commitments to venture investing totaled $9 billion in the fourth quarter of 2001, according to San Francisco-based investment research firm VentureOne. The figures suggest venture fund raising may have according to VentureOne,...

Energy marketers merging operations. (Circle City Spectator).(ProLiance Energy L.L.C., Sigcorp Energy Services L.L.C.)(Brief Article)
February 11, 2002... The two energy-marketing firms of ProLiance Energy LLC and Sigcorp Energy Services LLC are merging operations effective April 1, according to ProLiance Energy President John Talley. Following the affiliation, trading and supply functions...

Priority Airport Parking kills operation. (Circle City Spectator).(Brief Article)
February 11, 2002... Priority Airport Parking closed its doors permanently last month after operators said they couldn't attract enough business to survive. Priority Airport Parking officials said the business was growing steadily until the Sept. 11 terrorist...

Commercial printers struggling to survive.(struggling market sees KMJ Enterprises Inc. file for bankruptcy)(Brief Article)
February 11, 2002... Recession-related financial woes rippling through the business world have hit central Indiana's commercial printing industry. In the past two months, printers in Lebanon and Muncie have filed for Chapter 11 bankruptcy protection, and an...

MacAllister Machinery buys Garco.(Garco Industrial Equipment Company Inc.)(Brief Article)
February 11, 2002... Indianapolis-based MacAllister Machinery Co. Inc. recently acquired Garco Industrial Equipment Co. Inc. Garco is a full-service parts, sales and service dealer representing Kubota, ExMark, Bunton, EZGO, Kawasaki, Echo, Befco and Billy...