Indianapolis Business Journal articles from February 2005

Indianapolis Business Journal archives from February 2005

Special report: murky mission: vague directive dilutes 21st Century Fund's high-tech impact.
February 7, 2005... When directors of Indiana's 21st Century Research and Technology Fund convened in May 2003, they'd already doled out $70 million in state grants over three years to fund high-tech innovation and were preparing to unleash another $60 million....

Dicks' trust under attack: Conseco: couple shielded $ 7.5m in Cook Islands.(Rollin Dick and Helen Dick sued due to debt collection law)
February 7, 2005... Conseco Inc. says former Chief Financial Officer Rollin Dick and his wife, Helen, set up a $7.5 million trust in a remote South Pacific island nation five years ago as part of a scheme to put family assets beyond the company's reach. The...

NASCAR fuels C&R growth: maker of custom racing parts diversifies from open-wheel roots.(National Association for Stock Car Auto Racing)
February 7, 2005... Though he's only 45, Chris Paulsen is a grizzled veteran in racing circles. The storied mechanic has already been invited to take part in old-timer events at the Indianapolis Motor Speedway. But industry sources say Paulsen's future is as...

IDEM levies fewer fines: air pollution violators account for half of state's penalties.(Indiana Department of Environmental Management)
February 7, 2005... Four of the 10 largest environmental penalties levied against Indiana companies in 2004 involved air pollution violations, an area of regulation likely to come under renewed focus after the first-ever "fine particulate" health warning was...

ATA may fly solo again, exec says: restructuring officer sees opportunities ahead.(ATA Holdings Corp.)
February 7, 2005... The retired Southwest Airlines executive helping pilot ATA Holdings Inc. out of bankruptcy said he's confident the Indianapolis carrier could again fly solo, despite a virtual pullout from its hometown and what to some is a precarious reliance...

Sales are sizzling at Steak n Shake.(Behind The News)
February 7, 2005... When shareholders of The Steak n Shake Co. gather for their annual meeting this week, expect a lovefest. Peter Dunn, who joined the company as President in September 2002 and added the title CEO last year, seems to be doing a bang-up job...

Herff Jones considers global acquisition: deal to buy George F. Cram Co. is in the works.(Herff Jones Inc. Collegiate Cap and Gown)(George F. Cram Company Inc.)
February 7, 2005... Sources close to Indianapolis-based George F. Cram Co. said the 139-year-old maker of globes and maps is being sold to Herff Jones Inc., another local company with deep roots. Cram officials did not return phone calls seeking comment. But...

Study shows lack of women law partners: city firms rank below national average of 17 percent.(law firms, survey)
February 7, 2005... Prominent local attorney Virginia Dill McCarty earned her law degree from Indiana University in 1950, the only woman to do so at the school that year. That trend certainly has changed since then, with far more women entering the bar....

European firm plants local roots in patient technology: company to start Indianapolis operation after test.
February 7, 2005... A British company has picked Methodist Hospital and Indianapolis as the birthing ground for a new way to monitor patients using technology inspired by jet engines. Oxford BioSignals Ltd. hopes to roll out its BioSign technology by the end...

Movie theater ads spark big-screen debate: appeal of captive audience and demographics push advertising sales to record levels, prompting backlash.
February 7, 2005... Ron Keedy can be found taking tickets, popping popcorn and sweeping floors at Key Cinemas on Indianapolis' south side. There's little Keedy won't do to build customer loyalty at the two-screen cinema he owns. What he won't do is sell...

More condos planned for north Lockerbie: Mill No. 9 developers teaming up again to bring townhouses to Dinmont-owned land north of Michigan Street.
February 7, 2005... A local developer has filed plans to build 100 condominiums on about three acres in the Lockerbie Square neighborhood. North Lockerbie LLC, a subsidiary of Dinmont Development LLC, filed plans with the Indianapolis Historic Preservation...

New La Plaza says adios to independent NFP operations: three groups uniting to serve Hispanic community.
February 7, 2005... It took several years and a couple of gentle nudges in the direction of progress, but a streamlined support system for local Latinos is finally taking shape. Three Indianapolis not-for-profit agencies are giving up their own identities-and...

Airport board ripe for change: broader governance makes sense.(Editorial)
February 7, 2005... A bill pending in the Legislature calling for a bigger, more representative Indianapolis Airport Authority Board could be a Republican power grab, but the merits of a broader board are more important than the political motive that might be...

A look back.(Editorial)
February 7, 2005... The Riley Area Revitalization Program worried about what to do with the recently closed Sears department store downtown in an IBJ story published Aug. 8, 1983. The 10th anniversary of R.V. Welch's Fidelity Bank of Indiana was featured on the...

Legislature has big responsibility.(Commentary)
February 7, 2005... We stand on the threshold of greatness. Wait; let me say that again. "We stand on the threshold of greatness." Now, say it to yourself, making sure to insert a pregnant pause after the word "stand" and imagining you hear it in the...

Corrections.(Editorial)(Correction Notice)
February 7, 2005... * Big Lots Inc. holds a long-term lease for about half of a former Cub Foods store at 8401 Michigan Road. The building is owned by Gama Properties LLC. A story last week indicated Big Lots owns the building. * Developer Robby Richards'...

County income taxes need simplification.(Eye On The Pie)
February 7, 2005... How is anyone supposed to understand the tax maze created by our beloved General Assembly? For example, we have three local option income taxes. The revenue is collected by the state and sent back to the county where the taxpayer resides....

Don't overlook Benjamin Harrison Home.(Commentary)
February 7, 2005... Here's a thought: Celebrate President's Day (Feb. 21) at the President Benjamin Harrison Home. Let re-enactors take you back to the era of the only president elected from Indiana. Benjamin Harrison built his three-story Italianate Victorian...

State shouldn't pay unreasonable fees.(Letters)(Letter to the Editor)
February 7, 2005... An article published in the Jan. 17 edition regarding the proposed replacement hospital for the Larue D. Carter Memorial Hospital has caused me great concern. Gov. [Mitch] Daniels is stressing fiscal responsibility by our state government,...

City is better than natives think.(Letter to the Editor)
February 7, 2005... Tom Harton's column in the Jan. 17 issue says a lot about what is wrong with Indianapolis. My wife and I did not have the good fortune to be born in Indiana but had the sense to become Hoosiers by choice. We met at Indiana University. She...

Telecom regulation takes center stage at Statehouse.(Statehouse Dispatch)
February 7, 2005... While this session will, necessarily and constitutionally, be all about the budget, you can expect a few interesting stops during the long journey to that point. Even as the House Ways and Means Committee was hearing last week from...

Citizens, speak out!(Letters)(Letter to the Editor)
February 7, 2005... At all governmental levels we have serious economic issues and disturbing socioeconomic plans being presented as conclusions rather than proposals. In cities across the country, we are readily trading scarce resources desperately needed to fix...

We need to support local charities.(Letter to the Editor)
February 7, 2005... I read and enjoy Bruce Hetrick's column on a regular basis and he certainly hit the nail on the head [in the Jan. 24 issue]. Isn't it interesting how quickly we jump to help those in other countries who experience disasters? Isn't it just...

Good properties hard to find, Duke says.(On the Beat)(Duke Realty Corp.)(Brief Article)
February 7, 2005... Lower expected returns on properties kept locally based Duke Realty Corp. out of the buying market in the fourth quarter. The locally based real estate investment trust acquired $264 million worth of property in the first three quarters,...

Deaf School's Simpson Hall on 'endangered' list again.(Architecture)(Indiana School for the Deaf)(Brief Article)
February 7, 2005... One Indianapolis building has the dubious distinction of making Historic Landmarks Foundation's annual list of the 10 most endangered structures in the state. The Indianapolis foundation releases the list each year to draw attention to...

Downtown artists to put on show.(Arts)(Brief Article)
February 7, 2005... The Indianapolis Downtown Artists and Dealers Association is hosting its first juried show of members' works at the Stutz Art Gallery through Feb. 25. Thirty-two original works by 28 artists were selected by juror Vance Bell, an assistant...

IPS bond fight in the books.(Education)(Indianapolis Public Schools)
February 7, 2005... It wasn't even close. Marion County's auditor has certified 4,523 signatures in favor of a $200 million bond issue to fund improvements at Indianapolis Public Schools facilities. Opponents collected 40. Petitions for and against the...

Mutz, Gentry join economic development consulting firm.(Government)(appointments at Thomas P. Miller and Associates)(Brief Article)
February 7, 2005... Greenfield-based economic development consulting firm Thomas P. Miller and Associates added two well-known Indiana leaders to its staff. Former Lt. Gov. John Mutz and former Purdue University Dean and Vice Provost Don Gentry joined TPMA as...

City-County Council President Steve Talley, a Democrat, has created a new council committee.(Government)(Brief Article)
February 7, 2005... * City-County Council President Steve Talley, a Democrat, has created a new council committee, the Children's Health and Environment Committee. The committee will focus on the needs of infants, young children, nursing mothers, the elderly...

Deadline looms for program that pays student loans.(Health Care)
February 7, 2005... The state Department of Health has issued a last call for applications to a program that can repay up to $35,000 a year in student loans for some health care professionals. The deadline is Feb. 7 for the program, which offers reimbursement...

The governing board for Indiana doctors elected a new slate of officers.(Health Care)(Brief Article)
February 7, 2005... * The governing board for Indiana doctors elected a new slate of officers during its Jan. 27 meeting. The Medical Licensing Board elected Dr. Bharat Barai, president; Dr. S. Neil Lankford, vice president; and Dr. Worthe Holt, secretary. ...

Unique lives & experiences lecture series hits Clowes.(Media & Marketing)
February 7, 2005... Bonneau Production Services Inc. has been hired by Toronto-based Unique Lives & Experiences to serve as local associate producer for the inaugural season of a four-part lecture series at Clowes Memorial Hall. Unique Lives & Experiences...

Publicis Indianapolis.(Media & Marketing)(appointments)(Brief Article)
February 7, 2005... David Nehamkin has been appointed associate creative director of Publicis Indianapolis. Nehamkin brings to Publicis more than 15 years of creative leadership with major clients, including Dirt Devil, Stanley Steemer and Steak n Shake. Tom...

Roman Brand Group.(Media & Marketing)(Brief Article)
February 7, 2005... Roman Brand Group was selected by the Indianapolis Branding Initiative to develop a brand message for the city. Members of the ad-hoc committee of city and business officials who have come together to better brand the city have commissioned...

Ice hope to pack the house for various local charities.(Sports)(Brief Article)
February 7, 2005... In terms of publicity and attendance revenue, the Indiana Ice are facing their most important game this season. The Ice host the 11th annual Pack the House for Charity Night presented by Key Bank on Feb. 12, when they face the Sioux City...

Venture Center clients win biz-plan competitions.(Venture Capital)(Brief Article)
February 7, 2005... Indiana Venture Center closed 2004 celebrating the performance of its client startups, several of which won awards in recent business plan competitions. QuadraSpoc Inc., a West Lafayette-based company that aims to commercialize diagnostics...

K.B. Parrish & Co. LLP.(Accounting)(appointments)(Brief Article)
February 7, 2005... James T. Stoner has joined K.B. Parrish & Co. LLP as a supervisor in the tax department. Kimberly DePrez, Lori Blankenberger and Keisha Corso have joined as staff accountants.

Young & Laramore.(Advertising/Marketing/Public Relations)(appointments)(Brief Article)
February 7, 2005... Young & Laramore has promoted the following: * Tom Denari, president, and * Paul Knapp, CEO. * Jeff Nieberding has joined as senior writer.

2nd Globe Studios.(Advertising/Marketing/Public Relations)(appointments)(Brief Article)
February 7, 2005... Sherryl Tolentino has joined 2nd Globe Studios as project assistant.

Roman Brand Group.(Advertising/Marketing/Public Relations)(appointments)(Brief Article)
February 7, 2005... Megan Bennett and * Terry Tyler have joined Roman Brand Group.

Walker Information.(Advertising/Marketing/Public Relations)(appointments)(Brief Article)
February 7, 2005... Walker Information has promoted the following: Mary Ann Garwood, Web and marketing communications specialist; and Stephanie Cox, marketing communications specialist, marketing and business development department; Alison Babbitt and Lana Bandy,...

Foundry Inc.(Advertising/Marketing/Public Relations)(appointments)(Brief Article)
February 7, 2005... Foundry Inc. has named the following principals: * Matt Ganser, * Mark LeClerc and * Jeff Morris.

Indianapolis Convention & Visitors Association Inc.(Advertising/Marketing/Public Relations)(appointments)(Brief Article)
February 7, 2005... The Indianapolis Convention & Visitors Association Inc. has named the following officers: Gerald L. Bepko, I U, chairman; Wm. K. McGowan Jr., ICVA, vice chairman; Jerry D. Semler, OneAmerica Financial Partners, vice chairman; Robert F. Bedell,...

Borshoff Johnson Matthews.(Advertising/Marketing/Public Relations)(appointments)(Brief Article)
February 7, 2005... Cheryl Leamon has joined Borshoff Johnson Matthews as an account director.

Tourism Tomorrow Inc.(Advertising/Marketing/Public Relations)(appointments)(Brief Article)
February 7, 2005... Tourism Tomorrow Inc. has named the following officers: Gerald L. Bepko, IU, chairman; John L. Krauss, IU Center for Urban Policy and the Environment, vice chairman; Robert F. Bedell, president and CEO; Robert H. Reynolds, Barnes & Thornburg,...

LaSalle Bank, Indianapolis office.(Banking)(appointments)(Brief Article)
February 7, 2005... Steven Karn has joined LaSalle Bank, Indianapolis office, as first vice president, commercial real estate group.

Irwin Union Bank and Trust Co.(Banking)(appointments)(Brief Article)
February 7, 2005... Michael Lenahan has been promoted to assistant vice president, deposit sales officer for the Johnson County market, at Irwin Union Bank and Trust Co.

STAR Financial Bank.(Banking)(appointments)(Brief Article)
February 7, 2005... STAR Financial Bank has added the following to Star Equipment Finance & Leasing, an Indianapolis division: * Linda D. Baugh, * Joseph T. Goddard, and * Tara S. Unville.

The Indiana Grantmakers Alliance.(Civic/Not-For-Profits)(appointments)(Brief Article)
February 7, 2005... The Indiana Grantmakers Alliance has elected the following officers: Tracy Souza, The Cummins Foundation, Columbus, chairwoman; Marilyn Klenck, Community Foundation Alliance, Evansville, vice chairwoman; David Maas, Lumina Foundation for...

Horizon House.(Civic/Not-For-Profits)(appointments)(Brief Article)
February 7, 2005... Horizon House has named the following officers: * Catherine Kyle, Ogletree Deakins Nash Smoak and Stewart P.C., president; Andy Fraizer, Office of the Mayor, vice president; Celeste Williams, freelance writer, secretary; Mark Shaffer, KPMG,...

Indianapolis Symphony Forte Young Professionals Group.(Civic/Not-For-Profits)(appointments)(Brief Article)
February 7, 2005... The Indianapolis Symphony Forte Young Professionals Group has named the following leadership committee: Lawrence M. Counen, Robert W. Baird & Co., chairman; Andrew J. Penca, A.G. Edwards & Sons Inc.; * Paul Jefferson, Barnes & Thornburg LLP;...

Indianapolis Parks Foundation.(Civic/Not-For-Profits)(appointments)(Brief Article)
February 7, 2005... Kevin Osburn, Rundell Ernstberger Associates LLC, has been named to the Indianapolis Parks Foundation board of trustees.

Indianapolis Press Club Foundation.(Civic/Not-For-Profits)(appointments)(Brief Article)
February 7, 2005... The Indianapolis Press Club Foundation has named the following officers: Myra Borshoff Cook, Borshoff Johnson Matthews, president; John Ketzenberger, Indianapolis Business Journal, vice president; Susan Hanafee, Cummins Engine Co., secretary;...

Central Indiana Land Trust Inc.(Civic/Not-For-Profits)(appointments)(Brief Article)
February 7, 2005... Don Blinzinger, BoseTreacy Associates LLC, has been elected to the board of the Central Indiana Land Trust Inc.

Coburn Place Safe Haven.(Civic/Not-For-Profits)(appointments)(Brief Article)
February 7, 2005... The Coburn Place Safe Haven has added the following board of directors: * Stacy Kilian, Ice Miller; and * Lisa Curry, Katz Sapper & Miller.

Prevent Blindness Indiana.(Civic/Not-For-Profits)(appointments)(Brief Article)
February 7, 2005... Marlene Hatch has joined Prevent Blindness Indiana as vice president and chief development officer.

The Arthritis Foundation, Indiana chapter.(Civic/Not-For-Profits)(appointments)(Brief Article)
February 7, 2005... The Arthritis Foundation, Indiana chapter, has named the following officers: Gordon Hughes, Medical Consultants, chairman; Charles Hattie, Anthem, treasurer; Marianne Marsh, secretary; Tracie Smith, C.P. Morgan, assistant secretary; Stan...

Easter Seals Crossroads.(appointments)(Brief Article)
February 7, 2005... Easter Seals Crossroads has named the following officers: David Brandt, Brandt Construction, chairman; Lindsay Hahn, Metro Plastic Technologies, first vice chairwoman; Cheryl Dawn Neal, Eli Lilly and Co., second vice chairwoman; Paul Madden,...

Kort Builders Inc.(Construction)(appointments)(Brief Article)
February 7, 2005... Jim Bridenstine has joined Kort Builders Inc. as senior estimator.

Eden Enterprises Inc.(Shelll Haubner appointed)(Brief Article)
February 7, 2005... Shelll Haubner has joined Eden Enterprises Inc. as a risk management manager.

Duke Construction.(Bruce Dillon appointed)(Brief Article)
February 7, 2005... Bruce Dillon has been promoted to senior project manager at Duke Construction.

University of Indianapolis.(Education)(appointments)(Brief Article)
February 7, 2005... Jeffrey T. Bryant has been selected as director of the Phylis Lan Lin Program in Social Work at the University of Indianapolis.

Regions Morgan Keegan Trust.(Kevin S. Dubbink appointed)(Brief Article)
February 7, 2005... Kevin S. Dubbink has joined Regions Morgan Keegan Trust as vice president and personal trust manager, Indianapolis region.

American National Mortgage.(Lloyd Easters appointed)(Brief Article)
February 7, 2005... Lloyd Easters has been named president/CEO of American National Mortgage.

GMAC Mortgage Corp.(Alan Cohen, David Howell and Rod Goodwine appointed)(Brief Article)
February 7, 2005... GMAC Mortgage Corp. has added the following: Alan Cohen, district manager; and David Howell, and Rod Goodwine, loan officers.

Oak Street Mortgage.(Melissa Greenwell appointed)(Brief Article)
February 7, 2005... Melissa Greenwell has been named director of human resources at Oak Street Mortgage.

Raymond James & Associates.(Aaron Morrow appointed)(Brief Article)
February 7, 2005... Aaron Morrow has joined Raymond James & Associates as a financial advisor, downtown office.

Indianapolis Private Industry Council.(Government)(appointments)(Brief Article)
February 7, 2005... Anita Harden, Community Hospital East, has been named to the Indianapolis Private Industry Council, the Workforce Investment Board for Marion County.

Riverview Hospital.(Health Care)(appointments)(Brief Article)
February 7, 2005... Grag Murray, Forum Credit Union, and Rick Vanderwielen, HomeTown Television Corp., have been named to the board of trustees of Riverview Hospital.

Community Hospitals Indianapolis Foundation.(J. William Kingston appointed)(Brief Article)
February 7, 2005... J. William Kingston has been named executive vice president of Community Hospitals Indianapolis Foundation.

Gateway Medical Resource Alliance.(Health Care)(appointments)(Brief Article)
February 7, 2005... Jacqueline Corgan has joined Gateway Medical Resource Alliance as a marketing and communications assistant.

Cancer Care Group PC.(Stephen A. Freeland and Jeff Lawrence appointed)(Brief Article)
February 7, 2005... Stephen A. Freeland has joined Cancer Care Group PC as CEO. * Jeff Lawrence has joined as controller.

Clarian Health Partners.(nurses moves)(Brief Article)
February 7, 2005... Clarlan Health Partners has promoted the following registered nurses: partners: Mary Boris, Cindy George, Jennie Middleton, Risa Mobley, Stacia Nickell and Sara Wilson, Riley Hospital; Kim Craney, Lisa Griffith, Dorothy Johnson, and Mary Jo...

Gateway Medical Resource Alliance: Jacqueline Corgan.(Jacqueline Corgan appointed)(Brief Article)
February 7, 2005... Jacqueline Corgan has joined Gateway Medical Resource Alliance as an executive assistant.

Humana-Indianapolis.(Kim Thompson appointed)(Brief Article)
February 7, 2005... Kim Thompson has been named sales-portfolio manager for Humana-Indianapolis.

CIGNA HealthCare.(Edward Sandrick appointed)(Brief Article)
February 7, 2005... Edward Sandrick has been named vice president of contracting for Illinois, Indiana and Wisconsin for CIGNA HealthCare.

Visiting Nurse Service Inc.(Trisha Wilkerson appointed)(Brief Article)
February 7, 2005... Trisha Wilkerson has been named community liaison for Hendricks and Putnam counties at the Visiting Nurse Service Inc.

Canterbury Hotel.(Ray Martin promoted)(Brief Article)
February 7, 2005... Ray Martin has been promoted to director of sales and marketing at the Canterbury Hotel.

Clark Quinn Moses Scott & Grahn LLP.(Ralph W. Staples Jr. appointed)(Brief Article)
February 7, 2005... Ralph W. Staples Jr. has joined Clark Quinn Moses Scott & Grahn LLP.

Ogletree Deakins Nash Smoak & Stewart PC.(Law)(appointments)(Brief Article)
February 7, 2005... Robert F. Seidler has joined Ogletree Deakins Nash Smoak & Stewart PC as an associate.

Sommer Barnard Attorneys PC.(Ian D. Arnold and Richard L. Rowley appointed)(Brief Article)
February 7, 2005... Ian D. Arnold has joined Sommer Barnard Attorneys PC as an associate. Richard L. Rowley has joined as of counsel.

Riley Bennett & Egloff.(Law)(Brief Article)
February 7, 2005... Riley Bennett & Egloff has named the following: * Austin A. Shadle and * Timothy H. Button, associates; and * Charles C. Douglas and * Stacy L. Hanefeld, partners.

Plews Shadley Racher & Braun.(Brett E. Nelson appointed)(Brief Article)
February 7, 2005... Brett E. Nelson has been named a partner at Plews Shadley Racher & Braun.

Dann Pecar Newman & Kleiman PC.(Patrick F. Mastrian III appointed)
February 7, 2005... Patrick F. Mastrian III has joined Dann Pecar Newman & Klelman PC as a shareholder.