Indianapolis Business Journal articles from July 2004

Indianapolis Business Journal archives from July 2004

Waiting for R&D's rewards: Interactive Intelligence aims at mainstream after investing $25m to upgrade its product.(Interactive Intelligence Inc.)
July 5, 2004... Locally based Interactive Intelligence Inc. has always been known as a software maker on the leading edge of the telephony industry. With the release of a new version of its flagship product, the company hopes to navigate still more unexplored...

Galyan's rejected Dick's 4 times; Plainfield company spurned rival's offers for year before sale.(Galyan's Trading Co.)(Dick's Sporting Goods)
July 5, 2004... On July 9, 2003, Galyan's Trading Co. announced bleak news. Sales and profits for the quarter would be far below plan. Within hours, Galyan's shares shed 22 percent of their value, slipping from $15.06 apiece to $11.80. Sensing...

Penske the peacemaker: business motives drive racing owner to center of reunification controversy.(Roger Penske)
July 5, 2004... Arguably the most powerful team owner in open-wheel racing, Roger Penske is in the odd role of peacemaker between the warring Indy Racing League and Champ Car. After all, it was Penske who led team owners to form Champ Car forerunner CART in a...

Up to the hard challenges: Humane Society board focused on survival.(Humane Society of Indianapolis)
July 5, 2004... Humane Society of Indianapolis has been through "the bowels of hell" in the past three years--beginning its descent amid intense public criticism in 2001 and bottoming out last year when a financial crisis threatened its future. The...

Grocery store envy is a downtown staple; growing population expected to add new players to mix.
July 5, 2004... In the Old Northside neighborhood, people are fed up with their grocery store. There's a Kroger nearby, but it doesn't offer the product selection many of downtown's newest residents want, and it isn't always clean, residents say. "We...

Forensics targeted as growth sector; IUPUI creates state's first forensics degree as others mull economic potential.(Indiana University-Purdue University Indianapolis)
July 5, 2004... Viewing the television series "CSI" on a regular basis, while entertaining, will never train anyone to be a crime scene expert. But IUPUI's newly minted forensic science program can. The university's bachelor of science in forensic and...

Vastly different accounts to clash in church-fraud trial.(Behind The News)
July 5, 2004... Did Perry Grubbs and Lou Jackson mastermind a Ponzi scheme that duped members of the Anderson-based Church of God out of tens of millions of dollars? Or were they well-meaning but unsophisticated businessmen who relied on advice from...

Developers proceed with Galyan's plans; uncertainty in face of announced merger with Dick's unlikely to be resolved soon.(Galyan's Trading Company Inc.)
July 5, 2004... When Dick's Sporting Goods closes its planned $362 million acquisition of Plainfield-based Galyan's Trading Co. Inc., retail experts agree that at least some of Galyan's and Dick's local stores may close, particularly where the retailers have...

Realtor signs following higher tax bills in city; reassessment has less effect on east, south sides.
July 5, 2004... When property-tax bills hit mailboxes last summer, some Marion County residents, and their tax bills, went through the roof. As a result of court-mandated property-tax reassessment that took a home's current value into consideration, some...

ESP Hot Products starting to sizzle in sports; local startup scoring points in licensing, athlete representation arena.
July 5, 2004... Nine months after forming, locally based ESP Hot Products may bring in close to $3 million in sales this year and its owner expects to more than double that next year. The sports licensing and athlete representative agency was founded by...

Sigma Theta Tau finishes fiscal year of change; nursing honors society raises dues, launches Web site.(Sigma Theta Tau International)
July 5, 2004... Sigma Theta Tau International's recently finished fiscal year saw a rare membership fee increase and a new Web site officers think will generate new revenue. The Indianapolis-based nursing honor society raised membership fees for the first...

Firm dissolves, lawyers join Stewart & Irwin; White & Raub had niche in insurance defense.
July 5, 2004... Stewart & Irwin PC has brought on seven lawyers from the struggling White & Raub LLP law firm that ceased operating June 30. The additions bring the number of attorneys at Stewart & Irwin to 42, making it the 11th-largest firm in the city....

Largest Indianapolis-area retail copying/quick-printing services.(Illustration)
July 5, 2004... Largest Indianapolis-Area Retail Copying/Quick-Printing Services (Ranked by number of local FTE employees) RANK PRINTER LOCAL: FTE 2003 2003 ADDRESS EMPLOYEES LOCAL...

Trial balloon is a good sign; city decouples Colts from stadium.(Editorial)(Indianapolis Colts)(Brief Article)(Editorial)
July 5, 2004... Whether the trial balloon unlinking the possibility of a new stadium from negotiations to keep the Indianapolis Colts floats won't be known for a while. The notion is encouraging in any case, because it demonstrates the city's willingness to...

Snuff dud law.(Editorial)(fireworks law)(Brief Article)(Editorial)
July 5, 2004... Indiana's ludicrous fireworks law may be the most glaring example of lobbyists' hold over the General Assembly. It's not new, but it's still unbelievable that state law allows retailers to charge buyers a fee, part of which is funneled to the...

Here are 2 Indianapolis keepers.(Commentary)(Lawrence Einhorn)
July 5, 2004... Did you catch the collaboration of Todd Tobias and Gerry Dick in June's Indy Men's Magazine titled "25 Keepers"? Readers of Tobias' magazine and viewers of Dick's "Inside Indiana Business" were asked to nominate "people who not only make...

Correction.(Editorial)(Brief Article)(Correction Notice)
July 5, 2004... The planned route for Interstate 69 from Indianapolis to Evansville will largely follow State Road 37 south of Bloomington, before blazing a trail through new terrain. A story last week misstated where the new-terrain component will start....

Touring Indiana is still a bargain.(Eye On The Pie)(Column)
July 5, 2004... I would like to recommend some places to visit and routes to drive in our delightful state. But I am reluctant to do that, given the current price of gasoline. These early weeks of summer are a wonderful time to enjoy the diverse Morton...

Doing time in Indiana, and then some.(Viewpoint)(Column)
July 5, 2004... Columnist Susan Williams is running for state superintendent of public instruction. Her column is on hiatus until after the Nov. 2 election. A felony conviction in Indiana triggers not one, but two, kinds of punishment--one visible, the...

Education system needs major change.(Letters)(Indiana)(Letter to the Editor)
July 5, 2004... [Patrick Barkey's June 21] article about buying jobs was beautifully clear and emphatic. Probably I like it so much because it coincides so well with my opinions. My puzzlement these days is why, when strategic work-force needs directly involve...

Anthem customers to pay for severance.(Letters)(Letter to the Editor)
July 5, 2004... Ah! I love the doublespeak that today's corporate spin-doctors so effectively orate. In Greg Andrews' [June 21] column regarding the Anthem/Wellpoint merger, Anthem professes that California policyholders aren't going to pony up for the insane...

Design of Simon HQ should be top-notch.(Letters)(Letter to the Editor)
July 5, 2004... Capitol Commons is an elegant space that offers a quiet escape from daily rigors. That's why it is no surprise that some are voicing concern about the loss of a significant portion of the park to development. To the casual observer, it...

We can't afford to lose Simon HQ.(Letters)(Letter to the Editor)
July 5, 2004... The members of the Central Indiana Building Trades applaud the commitment made by Simon Property Group and the city of Indianapolis to solidify Indianapolis as Simon's home base. Simon Property Group represents a large-scale business owner who...

ESOPs benefit owners, employees.(Letters)(Letter to the Editor)
July 5, 2004... [In response to a June 21 article] I want to commend the owners of Wood-Mizer for transitioning ownership to the company's employees. I'm in the process of executing an employee stock ownership plan at my company and share many of their...

New stadium should host diverse events.(Letters)(Letter to the Editor)
July 5, 2004... The convention center expansion should include a stadium that can handle not only football, but have configurations for baseball and soccer. The Hoosier Dome was built in the early '80s without the promise of an NFL team. People called it a...

BSA is among fastest growing.(Architecture)(ZweigWhite)(Brief Article)
July 5, 2004... Locally based BSA Lifestructures Inc. is among the 100 fastest-growing architecture, engineering and environmental consulting firms in the nation, according to industry consultant ZweigWhite. For the survey, Massachusetts-based ZweigWhite...

Ticket sales humming at Symphony on the Prairie.(Arts)(Brief Article)
July 5, 2004... Indianapolis Symphony Orchestra's summer concert series at Conner Prairie appears to be bouncing back from a rain-soaked 2003 season that came in $300,000 below budgeted ticket sales. Following the first Marsh Symphony on the Prairie...

New ATA CFO fighting accounting firms.(On The Beat)(Chief Financial Officer)(Brief Article)
July 5, 2004... Gilbert Viets, who was appointed executive vice president and chief financial officer of Indianapolis-based ATA Holdings Corp. June 28, is still pursuing legal action against rival accounting firms and partners of the defunct Arthur Andersen...

Decision on Zyprexa patent may be several weeks away.(Health Care)(Brief Article)
July 5, 2004... Lawyers involved with the Zyprexa patent case filed their last post-trial briefs more than a month ago, but Eli Lilly and Co, officials believe a decision could still be several weeks away. The Indianapolis drugmaker went to trial in...

An Indiana University nursing professor recently received a $271,000 grant from the National Institute for Nursing Research.(Health Care)(Brief Article)
July 5, 2004... * An Indiana University nursing professor recently received a $271,000 grant from the National Institute for Nursing Research to create and test a telephone intervention program that helps families care for stroke survivors. Associate...

U.S. Rep. Julia Carson, a Democrat, announced more than $1 million in federal research funding.(Health Care)(Brief Article)
July 5, 2004... * U.S. Rep. Julia Carson, a Democrat, announced more than $1 million in federal research funding for local medical research and innovation. The $1,057,670 grant comes from the National Institutes of Health and the U.S. Department of Health...

Global honor for promotion.(International Trade)(ThreeSisterCities.com)(Brief Article)
July 5, 2004... An Indianapolis-led initiative to sell the Midwest as a destination for global tourism and trade has won recognition from Washington, D.C.-based Sister Cities International. ThreeSisterCities.com, a coalition of Sister Cities committees in...

Self-publisher crosses the pond.(Media & Marketing)
July 5, 2004... Bloomington-based publishing company AuthorHouse is expanding its reach overseas, opening an office in the United Kingdom to serve writers in England, Scotland, Ireland, Europe and the Asia-Pacific marketplace. With more than 20,000 books...

Red Gold LLC.(Media & Marketing)(Brief Article)
July 5, 2004... * Red Gold LLC is setting the pace for other mobile marketers to follow, deploying a fleet of limited-edition Chevrolet SSRs to promote the Elwood-based tomato producer. Driven by tomato "ambassadors," the veggiemobiles will make the...

United Way honors Lilly.(Philanthropy)(Brief Article)
July 5, 2004... Eli Lilly and Co. was one of five companies honored by United Way of America at its annual Spirit of America ceremony last month. The Indianapolis-based pharmaceutical giant received a Summit Award in recognition of the company's commitment...

Burrito war brewing for Qdoba as Chipotle invades turf.(Retail)(Chipotle Mexican Grill Inc. plans to open two Indianapolis stores )(Brief Article)
July 5, 2004... Denver-based fast-casual burrito chain Chipotle Mexican Grill Inc. plans to open its first two Indianapolis stores July 16, and it's clear what market they're aiming for. Both stores, one at 3340 W. 86th St. and another at 1422 Keystone...

Small-business leader named.(Small Business)(David Dorff to lead Office of Small Business Advocacy)(Brief Article)
July 5, 2004... Gov. Joe Kernan has named David Dorff to lead the state's new Office of Small Business Advocacy, which he created by executive order as a resource for small-business owners. Dorff, who begins his duties July 6, will serve as contact for...

Enhanced GPS on display.(Transportation)(Mobile Resource Management)(Global Positioning System)(Brief Article)
July 5, 2004... Central Indiana business executives and managers will have the opportunity to see a demonstration of emerging GPS-based mobile resource management--or MRM--technology July 14. A recent Georgia Tech University survey of North American...

Lilly startup nabs $8 million.(Venture Capital)(Eli Lilly and Co)(Brief Article)
July 5, 2004... Serenex, a Durham, N.C.-based drug development startup, is close to raising $8 million in venture funding, according to the Triangle Business Journal. Locally based Lilly BioVentures, the venture capital arm of Eli Lilly and Co., is a Serenex...

Katz Sapper & Miller.(Accounting)(Tony Miller joined)(Brief Article)
July 5, 2004... * Tony Miller has joined Katz Sapper & Miller, Information Systems.

L.M. Henderson & Co.(Accounting)(Eric Ferrettle appointed )(Brief Article)
July 5, 2004... Eric Ferrettle has joined L.M. Henderson & Co., Tax Department.

PricewaterhouseCoopers.(Accounting)(associates appointed)(Brief Article)
July 5, 2004... PricewaterhouseCoopers has added the following: Beth Cuskaden, Anna Freeman and Nabil Khalil, assurance senior associates; Roy Haas and Ryan Jones, assurance associates; Matt Lindeman, state and local tax associate; Ryan Carlos and Haining Wei,...

MZD Advertising & Marketing.(Advertising/Marketing/Public Relations)(Angle Trimble and Eva Thompson joined )(Brief Article)
July 5, 2004... * Angle Trimble has been promoted to assistant account executive at MZD Advertising & Marketing. * Eva Thompson has joined as a media assistant.

Borshoff Johnson Matthews.(Advertising/Marketing/Public Relations)(Erin Pipkin appointed as an account manager)(Brief Article)
July 5, 2004... * Erin Pipkin has joined Borshoff Johnson Matthews as an account manager.

The Greater Indianapolis Chamber of Commerce.(Advertising/Marketing/Public Relations)(board members elected)(Brief Article)
July 5, 2004... The Greater Indianapolis Chamber of Commerce has elected new board members: Patrick Dooley, BAA Indianapolis LLC; Cindy L. Keitch, The Huntington National Bank; and David G. Sease, Sease Gerig & Associates. Gene E. Sease, Sease Gerig &...

Sherman & Co. Public Relations.(Advertising/ Marketing/Public Relations)(Paul Reinken appointed as an account executive)(Brief Article)
July 5, 2004... * Paul Reinken has joined Sherman & Co. Public Relations as an account executive.

Indiana Chamber of Commerce.(Advertising/Marketing/Public Relations)(David W. Holt promoted to vice president )(Brief Article)
July 5, 2004... David W. Holt has been promoted to vice president of workforce development policy and federal relations at the Indiana Chamber of Commerce.

Walker Information.(Advertising/Marketing/Public Relations)(Leslie Pagel named group director)(Brief Article)
July 5, 2004... * Leslie Pagel has been named group director, training and development, Client Service Department, Walker Information.

Neighborhood Email Inc.(Advertising/Marketing/Public Relations)(Mark Looney and Dan Mombrea joined)(Brief Article)
July 5, 2004... * Mark Looney has joined Neighborhood Email Inc. as business development manager, and * Dan Mombrea has joined as an account executive.

Patriot Engineering and Environmental Inc.(Architecture/Design/Engineering)(Chuck Seeger appointed as manager)(Brief Article)
July 5, 2004... Chuck Seeger has joined Patriot Engineering and Environmental Inc. as manager of business administration.

Bonar Group.(Architecture/Design/Engineering)(Ben Carnahan promoted to associate)(Brief Article)
July 5, 2004... * Ben Carnahan has been promoted to associate at Bonar Group.

HNTB.(Architecture/Design/Engineering)(appointments)(Brief Article)
July 5, 2004... HNTB has added the following: Adam Popplewell and Audrey Stoddart Transportation Group; Ty Simmons, Jarrett Hubbard and Clinton Winkler, Urban Design and Planning Department.

Burgess & Nipple Inc.(Architecture/Design/Engineering)(Jennifer K. McGlone promoted to business development director )(Brief Article)
July 5, 2004... Jennifer K. McGlone has been promoted to business development director in the Burgess & Niple Inc., Indianapolis district office.

Children's Bureau.(Civic/Not-For-Profit)(board members elected)(Brief Article)
July 5, 2004... The Children's Bureau has named the following new board members: Marianne Glick, Glick Training Associates; Beverly Mukes-Gaither, Fifth Third Bank; Heather Bolejack, Ice Miller; Jamie Stone, Bank One; Ersal Ozdemir, Keystone Construction;...

Indianapolis Museum of Art.(Civic/Not-For-Profit)(Diane De Grazia named deputy director )(Brief Article)
July 5, 2004... Diane De Grazia has been named deputy director at the Indianapolis Museum of Art.

Lighthouse Ministries Inc.(Civic/Not-For-Profit)(officers elected)(Brief Article)
July 5, 2004... Lighthouse Ministries Inc. has elected the following officers: David Berry, chairman; David Palmer, vice chairman; Mark Foglesong, secretary; and Kevin Hart, treasurer.

Indianapolis Senior Center.(Civic/Not-For-Profit)(Terosa Tanoos named to the board)(Brief Article)
July 5, 2004... Terosa Tanoos has been named to the board of the Indianapolis Senior Center.

Central Indiana Land Trust Inc.(Civic/Not-For-Profit)(Linda Rosier joined as office administrator)(Brief Article)
July 5, 2004... Linda Rosier has joined Central Indiana Land Trust Inc. as part-time office administrator.

CICOA Aging & In-Home Solutions.(Civic/Not-For-Profit)(Rev. Robert Laster and Raymond Pierce Jr. )(Brief Article)
July 5, 2004... Rev. Robert Laster and Raymond Pierce Jr. have been named to the foundation board of trustees of CICOA Aging & In-Home Solutions.

The Children's Museum of Indianapolis.(Civic/Not-For-Profit)(trustees added)(Brief Article)
July 5, 2004... The Children's Museum of Indianapolis has added the following trustees: John Gallagher, Great Lakes Chemical Corp.; Bob Hebert, Bingham McHale LLP; * Susie Sogard, The Children's Museum Guild; and Alice Wong, Eli Lilly and Co. New advisors are...

Shiel Sexton Co. Dave Land.(Construction)(executive promotions)(Brief Article)
July 5, 2004... Frank Duck has been promoted to group manager of Commercial Projects at Shiel Sexton Co. Dave Land has been promoted to group manager of Concrete Projects.

Carmel Clay Education.(Education)(appointments)(Brief Article)
July 5, 2004... The Carmel Clay Education Foundation has named the following officers: Jeff Billing, president; Ed Broecker, vice president; Michele Satchwell, secretary; and David Brown, treasurer. New board members are Bart Bool, Lisa Evans, Karen Glaser,...

National City Mortgage Co.(Finance)(Bonnie Lavery joined as mortgage loan originator)(Brief Article)
July 5, 2004... Bonnie Lavery has joined National City Mortgage Co. as mortgage loan originator.

Southern District of Indiana.(Government)(Cynthia Jane Ridgeway joined as assistant United States attorney)(Brief Article)
July 5, 2004... * Cynthia Jane Ridgeway has joined the US attorney's office, Southern District of Indiana, as an assistant United States attorney.

Noah's Animal Hospitals 24-hour Emergency Center.(Health Care)(Jennifer Perusek joined)(Brief Article)
July 5, 2004... * Dr. Jennifer Perusek has joined Noah's Animal Hospitals 24-hour Emergency Center.

Noah's Brandywine Animal Healthcare Center.(Health Care)(Andrea Vanderpool appointed)(Brief Article)
July 5, 2004... * Dr. Andrea Vanderpool has joined Noah's Brandywine Animal Healthcare Center, Greenfield.

IU School of Medicine.(Health Care)(Robert M. Pascuzzi named chairman)(Indiana University)(Brief Article)
July 5, 2004... Dr. Robert M. Pascuzzi has been named chairman of IU School of Medicine, Department of Neurology.

Hilton Garden Inn.(Hotel/Motel)(Dan Schuerman promoted to general manager )(Brief Article)
July 5, 2004... * Dan Schuerman has been promoted to general manager of the Hilton Garden Inn, Carmel.

Perry Manufacturing.(Manufacturing)(Paul Medcalf appointed as regional manager )(Brief Article)
July 5, 2004... Paul Medcalf has been named Midwest regional manager at Perry Manufacturing.

Chartered Property Casualty Underwriters Society.(Professional/Trade)(appointments)(Brief Article)
July 5, 2004... The Chartered Property Casualty Underwriters Society, central Indiana chapter, has named the following officers: Robert Kelso, Kightlinger & Gray, president; Jeri Dixon, president-elect; Mike Highum, McGowan Insurance Group, vice president;...

Legal Administrators.(Professional/Trade)(appointments at The Legal Administrators, Indiana chapter)(Brief Article)
July 5, 2004... The Legal Administrators, Indiana chapter, has named the following officers: Frani Cruz, Norris Choplin & Schroeder LLP, president; Roselyn S. Hazzard, Bingham McHale LLP, president-elect; Mark Felty, Krieg DeVault LLP, vice-president/program...

F.C. Tucker Co.(Real Estate)(appointments)(Brief Article)
July 5, 2004... F.C. Tucker Co. has added the following residential associates: Carmel--* Angel Dean; Castleton--* Kay Kammeyer; East--Christine Proud and Lynn Snyder; Meridian North--* Kristen Bryant, *Dan Gooliak and * Craig Lefebvre; Noblesville/Lakeview--*...

Latino affairs office helps growing group: lending hand to Hispanic businesses among goals.(Diversity In Business)
July 5, 2004... Swimming pools in Latin America are typically private and for the wealthy. So Latinos arriving in Indianapolis normally avoid public pools, until someone tells them they are indeed for public use. Enter the Mayor's Commission on Latino...

Rhodes draws notice for mentoring ways: Indianapolis Black Chamber honors entrepreneur for creating opportunities for other minorities.(Diversity In Business)(Brief Article)
July 5, 2004... The Indianapolis Black Chamber of Commerce in May named Vechel Rhodes Sr. its entrepreneur of the year. Not a surprising designation for the man who, for 40 years, has used his dump-truck business as a platform to create opportunities and...

Hispanic Center event to feature Lugar.(Diversity In Business)(Brief Article)
July 5, 2004... U.S. Senator Richard Lugar will be the keynote speaker at the Hispanic Center's 34th annual meeting and dinner July 26 at the Marriott Downtown. The Hispanic Center serves as a resource for the Latino population, the fastest-growing...

Largest Indianapolis-area minority-owned businesses.(Diversity In Business)(Illustration)
July 5, 2004... Largest Indianapolis-Area Minority-Owned Businesses (Ranked by number of local FTE employees) FTE EMPLOYEES BUSINESS ...

Indiana Black Expo Summer Celebration schedule.(Diversity In Business)(Calendar)
July 5, 2004... Indiana Black Expo will kick off its 34th annual Summer Celebration on July 12 with a full schedule of events. Some of these events may require reservations or fees. More information about these events and the organization can be found at...

Seeing a company's value goes beyond stock price.(Bulls & Bears)
July 5, 2004... In our last article, we touched on the importance of temperament, or how one "thinks" about investing, as being a key to long-term success as an investor. Central to that notion is how to view stock prices. Stocks should not be thought of...

Underlying factors indicate stealthy bull market running.(Investing)
July 5, 2004... Sometimes it seems easy to make money in stocks. The late '90s and some of 2003 were periods when stocks went up with ease. Most of the time, though, it is a rigorous and difficult proposition at best. This year has been a grind on...

Hoosier work force needs more jobs for the educated.(Economic Analysis)
July 5, 2004... For several decades, Indiana has suffered the ignominious fate of being one of the poorest-educated states in the nation, especially as it relates to college education. As recently as four years ago, U.S. Census Bureau data indicated just...

Shoe Carnival Inc.(Proxy Corner)
July 5, 2004... Shoe Carnival Inc., 8233 Baumgart Road, Evansville, 47725 (www.shoecarnival.com), is a retailer of family footwear operating primarily in the Midwest, South and Southeastern regions of the United States. For the fiscal quarter ending May 1,...

The Arc of Indiana.(Not-For-Profit Of Note)(Company Profile)
July 5, 2004... 107 N. Pennsylvania St., Suite 300, Indianapolis, IN 46204 Phone: 977-2375/fax: 977-2385 Web site: www.arcind.org Founded: 1946 Paid employees: eight Highest-paid staff member: John Dickerson, executive director, $123,000...

Reebok executive Shine sentenced.(Brief Article)
July 5, 2004... Tom Shine, senior vice president of sports and entertainment marketing worldwide for Reebok International Ltd., was sentenced June 24 to six months of home detention, three years' probation and a $10,000 fine for his part in a conspiracy to...

Indy Jazz Fest draws nearly 30,000.(Brief Article)
July 5, 2004... The American Pianists Association, organizer of the Indy Jazz Fest, announced June 25 that preliminary attendance for this year's festival reached 30,000, a number it said should keep the event out of the red and healthy enough to return next...