Indianapolis Business Journal articles from June 2004

Indianapolis Business Journal archives from June 2004

Riley set for growth: hospital expansion to double ER size, could include 100-bed tower.(Emergency Rooms)
June 7, 2004... Riley Hospital for Children broke ground in April on an addition that will double its emergency department capacity, and hospital officials have no plans to stop the growth there. Designers are finishing sketches for a 100-bed tower they...

JetBlue eyes Indiana skies: low-fare carrier may cause shake-up in local market.
June 7, 2004... Low-fare JetBlue Airways Corp. appears to be readying for takeoff at Indianapolis International Airport. The arrival of the 4-year-old New York-based carrier would be good news for airport officials and local travelers, but poses a serious...

Animal magnetism: zoo's $31m makeover expected to boost attendance, awareness.
June 7, 2004... The Indianapolis Zoo's plans to refurbish its dolphin exhibit are undeniably grand. When the $10 million makeover is complete next summer, visitors will be able to enter the dolphins' world via a 30-foot acrylic dome beneath their tank....

Circle Centre 'healthy,' except on fourth floor: sales on lower 3 floors rose for first time since 2000.
June 7, 2004... Stable. Steady. Solid. Yet unspectacular. Those are the words retail experts and city officials use to describe the performance of Circle Centre as it nears the September start of its 10th year of operation. Sales per square foot for...

Simon strikes HQ gold in city: faced with departure to suburbs, city piles incentives.
June 7, 2004... When Simon Property Group Inc. and Mayor Bart Peterson announced plans May 27 for Simon's corporate headquarters, the crowd gathered at the press conference greeted the news with a standing ovation. "A new world headquarters for Simon...

Procurement policy sparks debate: Kernan carves up state projects, eliminates bid bond requirement for service contracts.
June 7, 2004... From January 2003 to March 2004, Indiana state government spent $3.2 billion on construction, commodities and professional services. Hoosier companies secured the lion's share: $2.7 billion worth. But that means $491 million went to...

A pioneer in antibiotics seeks profits elsewhere.(Behind The News)
June 7, 2004... Eli Lilly and Co. has a rich history in antibiotics. More than a half century ago, it was among the first companies to mass-produce penicillin. And before Prozac, the Indianapolis company's biggest blockbuster was the antibiotic Ceclor. ...

Lobbyists merge to balance political ties: KWK, Gibson & Leppert will combine services under The Corydon Group July 1.(KWK Management Group LLC )(Gibson & Leppert LLC)
June 7, 2004... Two veteran Republican lobbyists are pairing up with two Democratic colleagues in a merger undertaken to offer clients balanced political interests. Partners William Keown and Kelli Waggoner of KWK Management Group LLC are consolidating...

Product development a focus for new tourism director: grant program intended to strengthen state's appeal.
June 7, 2004... Marty Peters knows she has her work cut out for her. The newly appointed director of Indiana's tourism efforts takes over an operation with a shrinking budget, a growing workload and an uncertain future. It's a good thing she likes a...

Standard Management considers focus switch: Indianapolis holding company may use sale to trade profit for greater potential in health services.
June 7, 2004... Standard Management Corp. might exit a business line that generates 98 percent of its revenue to focus on one that helped it pile up more than $10 million in losses last year. Company leaders see long-term-growth potential behind the shift,...

SBC stops funding schools program: phone company had provided $45 million to CILC dating to Ameritech days.
June 7, 2004... A 10-year-old not-for-profit that provides videoconferencing services primarily to schools is losing millions of dollars in support from SBC Indiana, its only funding source. The Center for Interactive Learning and Collaboration received a...

Simon's leverage leaves city no out: city does all it can to keep 800 jobs, momentum downtown.(Editorial)
June 7, 2004... Simon Property Group Inc. knows leverage and applied it skillfully, again, in recent headquarters talks with the city. If plans unfold as expected, an office tower will rise on the northern third of Capitol Commons, the immaculate urban park...

Fortitude, fortune create amazing life.(Commentary)(Duy Duoung Ngyuen )
June 7, 2004... The story begins in the small village of Hoa Khanh, several miles south of Da Nang, South Vietnam. It is Christmas Eve 1969 and a son is born, one of tens of thousands of Vietnamese children fathered by American soldiers during the war. A year...

Another wrong proposal on property taxes.(Eye On The Pie)
June 7, 2004... The state announced recently that it would allow school corporations to raise property taxes if student transportation services were in danger of being reduced or eliminated. This is another blunder by our policymakers. (For the record:...

City makes overdue progress on billboards.(Commentary)
June 7, 2004... In last month's column, I gave a status report on items, including billboards, that had been the topic of past columns. I subsequently heard from my friends "in the industry" that progress on limiting billboards has, in fact, occurred. ...

Info tech still has value for businesses.(Letters)(Letter to the Editor)
June 7, 2004... I feel it is important to contrast Timothy Altom's [May 17] article titled "Competitive advantage no longer IT's purpose." I respectfully disagree with Altom that an advantage cannot be gained using IT. The system our company runs on is...

Earlham's delays have cost museum.(Letters)(Letter to the Editor)
June 7, 2004... An old trial lawyer adage goes like this: If the facts favor you, pound the facts. If the law favors you, pound the law. If neither the facts nor the law support you, pound the table. I'm reminded of this saying by Earlham College's recent...

Guidant and Dollens set great example.(Letters)(Letter to the Editor)
June 7, 2004... It's been said that every ending is also a beginning, and vice versa. As Guidant Corp. announces a $100 million expansion to move into drug-coated heart stents, the company says goodbye to the executive who built it from inception into a world...

Exhibit features artist's work.(Letters)(Letter to the Editor)
June 7, 2004... First of all, a note of praise and thanks for the Web review of Lee Walton's Web site in the [May 24] issue of IBJ. It is wonderful to have found an audience that appreciates Lee's work and gravitates toward it the way I have for years. I...

Duke taps Herron student art.(Arts)(Brief Article)
June 7, 2004... Locally based Duke Realty Corp. on June 3 was to unveil in the atrium of its office tower at One North Capitol Ave. a sculpture created as the result of a competition among students at the Herron School of Art at IUPUI. Desiree Beauchamp's...

Library branch site gets approval.(Environment)(Brief Article)
June 7, 2004... The Indiana Department of Environmental Management has issued a Certificate of Completion in recognition of cleanup work at the west-side property upon which the Haughville Library Branch was built in 2003. Locally based August Mack...

Chatham Point OK'd in latest go-round.(On The Beat)(Brief Article)
June 7, 2004... After months of hearings, meetings and continuances, a condominium and retail building at College and Massachusetts avenues was approved with a 6-3 vote June 2 by the Indianapolis Historic Preservation Commission. "It's been a tough four...

Wishard launches campaign.(Health Care)(Brief Article)
June 7, 2004... The Wishard Memorial Foundation kicks off a three-week campaign June 14 to raise money for patient care at Marion County's financially struggling safety-net hospital. The foundation already has raised more than $1.5 million for Wishard...

MyStar stations cut staff.(Media & Marketing)
June 7, 2004... Pennsylvania-based Entercom Communications Corp. assumed control of three Indianapolis radio stations June 1--with 10 percent fewer workers on the payroll. Six of the stations' 65 employees found out before the holiday weekend that their...

Emmis Communications Corp.-owned WNOU-FM 93.1 has a new morning show.(Media & Marketing)(Brief Article)
June 7, 2004... * Emmis Communications Corp.-owned WNOU-FM 93.1 has a new morning show following the recent "Wank & O'Brien" move to sister station WENS-FM 97.1. "Bill and Marco" comes to Indianapolis from Nashville, Tenn. Hosts Billy Breeze and...

United Water honored.(Minority Business)(Brief Article)
June 7, 2004... United Water Services, the U.S. subsidiary of French utility Lyonnaise des Eaux that operates the city's wastewater treatment facilities, is the recipient of the Indiana Regional Minority Supplier Diversity Council's annual Circle of Excellence...

Sagamore Institute opens.(Philanthropy)(Brief Article)
June 7, 2004... The Hudson Institute said goodbye to Indianapolis June 1 and passed the local think-tank torch to researchers who have stayed behind to form the Sagamore Institute for Policy Research. Hudson leaders voted in April to move their institute's...

The third annual Indiana Leadership Summit on the Circle.(Philanthropy)
June 7, 2004... * The third annual Indiana Leadership Summit on the Circle is scheduled for June 15-17. Developed by the Indiana Humanities Council in collaboration with 30 statewide organizations and the Stanley K. Lacy Leadership Association, the event...

Ratings news mixed for Indy 500.(Sports)(Brief Article)
June 7, 2004... Nielsen Media Research television ratings for the 2004 Indianapolis 500 came in at 4.7, down from last year's 5.1. Each rating point equals 754,274 TV households, Nielsen officials said. Despite the drop, the Indianapolis 500 broadcast live...

Local marketing firm ESPHot Products Inc. has signed a unique deal to represent all four starting offensive linemen for the Indianapolis Colts.(Sports)(Brief Article)
June 7, 2004... * Local marketing firm ESPHot Products Inc. has signed a unique deal to represent all four starting offensive linemen for the Indianapolis Colts. And they're taking their show on the road June 5-6 to help Riley Hospital for Children. ...

TechPAC names more directors.(Technology)(Technology trade association )(Brief Article)
June 7, 2004... Technology trade association TechPoint's recently minted political action committee TechPAC has filled two more seats on its board of directors. David Johnson, a partner with Baker & Daniels who helped BioCrossroads establish the $73...

BKD LLP.(Accounting)(promotions)
June 7, 2004... BKD LLP has promoted the following: * Troy J. Gilstorf, senior manager; * JoAnne Chang Bennett, * John E. Curry, * Richard T. Wittgren and * Michele D. Gallagher Paynter, managers; and * Yvonne A. Kling, managing consultant. * Holly M....

Amy Todd has been named director of creative development at BluePrint Holdings LLC and MediaSauce.(Advertising/Marketing/Public Relations)(Brief Article)
June 7, 2004... Amy Todd has been named director of creative development at BluePrint Holdings LLC and MediaSauce.

Roman Brand Group.(Advertising/Marketing/Public Relations)(appointments)(Brief Article)
June 7, 2004... * Travis Abels, * Michael McBride, * Candyce Payne, and * Pamela Schiff have joined Roman Brand Group as interns.

Indiana Chamber of Commerce.(Advertising/ Marketing/Public Relations)(Brief Article)
June 7, 2004... David W. Holt has been promoted to vice president of workforce development policy and federal relations at the Indiana Chamber of Commerce.

Borshoff Johnson Matthews.(Advertising/ Marketing/Public Relations)(Brief Article)
June 7, 2004... * Danielle Falconer has been promoted to account director at Borshoff Johnson Matthews.

Parsons Corp.(Architecture/Design/Engineering)(Brief Article)
June 7, 2004... Parsons Corp. has added the following: Torger Erickson, roadway design manager; Raj Valluvan, Satya Mullangi, and Chaitali Parikh, structural design engineers; Jay Simonds, principal geologist; Nick Harrison, Jason Rowley and Steve Davidson,...

Schmidt Associates.(Architecture/Design/Engineering)(Brief Article)
June 7, 2004... Schmidt Associates has promoted the following: Katie Claudy and Sean O. Barnett, associates; and Beth Ann McKee, marketing coordinator.

Federal Home Loan Bank of Indianapolis.(Banking)
June 7, 2004... The Federal Home Loan Bank of Indianapolis has promoted the following: * David B. Cross and * Charles A. Rainey, vice presidents; and * Paul J. Carlotto, * Evan B. Gibbons, * Bradly W. Hillebrand, * Steven B. Ratliff, * Scott M. Schmitt and *...

First National Bank & Trust.(Banking)(Brief Article)
June 7, 2004... * Ken Cain has joined First National Bank & Trust as vice president, Trust Services Manager.

Butler University.(Education)
June 7, 2004... John B. Dunn has been named vice chairman of the board of trustees at Butler University. New trustees are * Claude E. Davis, Irwin Financial Corp.; * Dr. Thomas James Fischer, The Indiana Hand Center; * June M. McCormack, SLM Corp.; * Stephen...

Comcast, Central Region.(Media)(vice president of Finance)(Brief Article)
June 7, 2004... Pete Kieltyka has joined Comcast, Central Region, as vice president of Finance.

American Chemistry Council.(Professional/Trade)(Brief Article)
June 7, 2004... Thomas Reilly, retired chairman of Reilly Industries, has been named president and CEO of the American Chemistry Council.

U of I targets brain drain; university forms institute to spot emerging careers.(Employment/Education/Training)(University of Indianapolis)
June 7, 2004... The University of Indianapolis has created an organization to track jobs being created in Indiana and to direct students toward those careers and away from the exit signs. The Institute for Emerging Careers is the university's response to...

Single-sex classes gain favor: ACLU opposes separating boys and girls, but teachers say benefits are obvious.(Employment/Education/Training)(American Civil Liberties Union)
June 7, 2004... It takes a few minutes to notice how these middle school classes are different. The uniform-clad students get settled, passing around a lunch menu as they prepare for the next lesson. The teacher calls for their attention. ...

Indiana firm develops outsourcing strategy; textbook aimed at manufacturers as well as students.(Employment/Education/Training)
June 7, 2004... While many companies go to great lengths to keep trade secrets under wraps, a Bloomington-based outsourcing company has chosen to take its game plan public in a soon-to-be released textbook. The book, "Laborgistics: A New Strategy of...

Scholarship helps Anthem dependents.(Employment/Education/Training)(Brief Article)
June 7, 2004... A dozen dependents of Anthem Inc. employees have help paying for college thanks to awards from the Larry C. and Lee Ann Glasscock Scholarship Fund. Administered by Central Indiana Community Foundation, the fund was established last year...

Largest Indianapolis-area private secondary schools.(Employment/Education/Training)(Directory)
June 7, 2004... Largest Indianapolis-Area Private Secondary Schools (Ranked by 2003-2004 enrollment (1)) STUDENT/TEACHER SCHOOL RATIO RANK ADDRESS ...

Largest Indianapolis-area private primary schools.(Employment/Education/Training)(Directory)
June 7, 2004... Largest Indianapolis-Area Private Primary Schools (Ranked by 2003-2004 enrollment *) SCHOOL ADDRESS TELEPHONE / FAX / 2003-2004 STUDENT/TEACHER RATIO WEB SITE ENROLLMENT * ...

United Way offers June workshops.(Employment/Education/Training)
June 7, 2004... United Way of Central Indiana's Nonprofit Training Center will offer three more workshops in June at 3901 N. Meridian St., unless otherwise noted. Ed Wills of UWCI will lead a Lunch N' Learn, "Characteristics of a Diversity-Mature...

Indiana graduate business programs.(Employment/Education/Training)
June 7, 2004... Indiana Graduate Business Programs (Ranked by spring 2004 FTE enrollment) SPRING 2004: FTE ENROLLMENT SCHOOL HEAD COUNT RANK...

Returning service members have employment rights.(Voices From The Industry)
June 7, 2004... Current events have cast a bright light on the treatment of deploying and returning uniformed service members. Employers must be aware of their obligations to these employees. While both federal and state laws apply to questions surrounding...

Tide of high-priced oil affects investments.(Stocks)
June 7, 2004... How does $40-a-barrel oil affect your investments? Many ways. If oil prices stay at present levels or rise, chemical companies, railroads, truckers and airlines will struggle for profits. For them, oil is a raw material and a major...

Wall Street's choppy first half may bode well for second.(Investing)
June 7, 2004... Sell in May and go away. This is an old Wall Street saying that got a ton of press last month as the stock market continued its correction that began in January. Several studies show the better six months in the market tend to occur from...

Are the nattering nabobs missing economic story?(Economic Analysis)
June 7, 2004... Can an obvious story still be newsworthy? Since I have no formal training in journalism, I suppose I am not qualified to answer that question. Yet as I stumble across too many conversations where all parties accept that the economy is in...

Hurco Companies Inc.(Proxy Corner)
June 7, 2004... Hurco Companies Inc., One Technology Way, Indianapolis, 46268 (www.hurco.com), designs and produces interactive computer controls, software and computerized machine systems for the worldwide metal-cutting and metal-forming industry. Its...

NPower Indiana.(Not-For-Profit Of Note)
June 7, 2004... 1405 E. Broad Ripple Ave. Indianapolis, IN 46220 Phone: 396-2848/fax: 396-2789 Web site: www.NPowerIN.org Founded: 2002 Paid employees: 8 Highest-paid staff member: Beverly Rella, CEO, $77,000 MISSION Ensure...

Guidant hopes it can find answer to stent complication.(IBJ daily)
June 7, 2004... Officials with Indianapolis-based medical device maker Guidant Corp. May 27 said they hope to find an answer to a design issue that could delay the progress of its drug-coated stent program. It was an "unorthodox" test that revealed the...

AG asks Earlham to approve plan for Conner Prairie.(IBJ daily)(Attorney General )(Brief Article)
June 7, 2004... Indiana Attorney General Steve Carter pitched a plan May 27 he said will solve the governance issues that have plagued Conner Prairie for years. The proposal, which he presented to negotiators from Earlham College earlier this year, calls...

Conseco upgraded by Moody's, S&P.(IBJ daily)
June 7, 2004... Locally based insurance company Conseco Inc., which has been lobbying for debt and stock ratings upgrades since emerging from bankruptcy in September 2003, got its wish May 27 from Moody's Investor Service and Standard & Poor's Inc. ...

Orchestra CEO Hoffert to retire.(IBJ daily)(Brief Article)
June 7, 2004... Indianapolis Symphony Orchestra President and CEO Richard Hoffert will retire in December, ending six years at the administrative helm of the city's largest performing arts organization. Hoffert, 60, will retire to North Carolina, where he...

College of Sports and Medicine, BioCrossroads teaming up.(IBJ daily)(Brief Article)
June 7, 2004... Locally based American College of Sports Medicine announced June 2 it will partner with BiCrossroads, the central Indiana life sciences initiative, to develop fitness and health products and services. ACSM members will identify concepts and...

Internet directory.(Directory)
June 7, 2004... www.ibj.com COURIER/DELIVERY SERVICE * NOW COURIER We Deliver... and a whole lot morel 111 E. McCarty St., Indianapolis, IN 46225 317-638-7071 or 800-543-6066 www.nowcourier.com E-mail dholliday@nowcourier.com * Offices in...

Announcements.(Records)
June 7, 2004... The Abbie Hunt Bryce Home, a residence for those who are terminally ill and homeless, has opened at 4760 Pennwood Drive, behind the Visiting Nurse Service central office at 4701 N. Keystone. Phone: 722-8200.

Bankruptcies.(Records)(Public Notice)
June 7, 2004... Consolidated Recovery Inc., 1012 W. Troy Ave., 46225. Chapter 7 liquidation. Assets: n/a; liabilities: n/a. Steven R. Morse Custom Homes Inc., 6350 Madison Ave., 46227. Chapter 7 liquidation. Assets: n/a; liabilities: n/a.

Calendar.(Records)(Calendar)
June 7, 2004... Business-related calendar items should be submitted two weeks before event date. Contact bmaurer@ibj.com. June 7, 7-8:30 a.m.: Business & Professional Exchange, Career Networking, North chapter, St. Luke's United Methodist Church,...

Conventions.(Records)
June 7, 2004... June 7-June 9: National Corn Growers Association and Corn Refiners Association, Indianapolis Marriott Downtown. Estimated attendance: 600 June 7-June 10: National Intramural-Recreational Sports Association, Hyatt Regency Indianapolis....

Fund raising.(Records)(tickets information)(Brief Article)
June 7, 2004... Indianapolis beautification projects to benefit from 2004 Garden Walk on June 9, from 10 a.m. to 4 p.m. Tickets: $35 per person to visit gardens and $20 for lunch at the Woodstock Club. Garden addresses will be provided to all ticket...

Grants.(Records)
June 7, 2004... The Indianapolis Foundation awarded $1,741,083 to 36 charitable organizations in Marion County. They include the following: Arts Council of Indianapolis, $42,500 for general operating support; Bicycle Action Project Inc., $20,000 for its...

Mechanic's liens.(Records)(Brief Article)
June 7, 2004... To: Castleton Shopping Center Ltd., 8400 Castleton Corner Drive, $42,964 From: The Sullivan Corp. Recorded: April 23 To: Castleton Shopping Center Ltd., 8490 Castleton Corner Drive, $25,167 From: The Sullivan Corp. ...

Executive coach makes training fun: company offers change-management consulting.(Small biz profile: the Kevin Eikenberry Group)
June 7, 2004... Two subjects dominate Kevin Eikenberry's home office: business theory books and John Deere paraphernalia. One represents nostalgia, the other a thriving small business. Raised on a farm in west-central Michigan, Eikenberry earned an...

Left hanging in a haze of anticipatory anxiety.(Notions)
June 7, 2004... HOUSTON, JUNE 1--Tomorrow, while you're grabbing lunch, my wife, Pam, and I will sit in the crowded "head and neck waiting area" at M.D. Anderson Cancer Center. We'll pretend to read books we've brought along, a magazine someone's left...

Hospital leader pieces together the perfect hobby.(Profile: Anita Harden)
June 7, 2004... Anita Harden once quilted from sunrise to midnight every day, for seven or eight days straight. She burned a week of vacation time to make a tight deadline and finish a quilt for her church. Harden called that project an aberration, but,...

Rules are for fools in NBA's ugly modern game.(Sports)(National Basketball Association)
June 7, 2004... Random thoughts about this, that and the other while watching the Indiana Pacers' season come to a close: Following a prolonged illness marked by symptoms few chose to see and even fewer chose to treat, basketball died last week. And I'm...

Welcome to the seventh edition of corporate citizenship.(Editorial)
June 7, 2004... WELCOME TO THE SEVENTH EDITION OF CORPORATE CITIZENSHIP, an annual Indianapolis Business Journal publication designed to help connect the business community with the not-for-profit sector. This year marks the return of our roundtable...

Not-for-profit success requires passion.
June 7, 2004... Once again this year, IBJ gathered a roomful of not-for-profit executives to discuss their relationship with the business community and a number of issues that affect their jobs and organizations. As always, the discussion was insightful and...

What does it mean to be on a board?
June 7, 2004... There's no question nonprofit organizations are a vital part of Indianapolis, which, at last count, was estimated to have about 16,400 such agencies serving as advocates for community services throughout the metropolitan area. But with...

Volunteers, service clubs key to success.(Easter Seals Crossroads)
June 7, 2004... Like many other nonprofit agencies, Easter Seals Crossroads relies on volunteers as a crucial component of its operations. Without the time donated by volunteers, says Easter Seals President and CEO Jim Vento, the organization couldn't...

Center on Philanthropy is nonprofit jewel.
June 7, 2004... It's only fitting in a world where cities and states are vying for designations like hub or cluster that Indiana brag about its burgeoning health and life sciences communities. There's also no mystery as to why central Indiana has been referred...

Gene Glick named Carroll Award winner.
June 7, 2004... Gene Glick learned early on about the joys of philanthropy Growing up during the Depression on the north side of Indianapolis, he watched his mother and grandfather give money away, even when they couldn't really afford to do so. ...

Indiana Achievement Awards 2004.(School on Wheels)
June 7, 2004... The fifth annual Indiana Achievement Awards (IAA) for Nonprofit Effectiveness will recognize six nonprofits for exemplary work in impact, innovation and sustainability. Three management themes--mission-directed, partnerships/ collaboration and...

Not-for-Profits of Note directory.
June 7, 2004... The following not-for-profits have previously been featured in Not-for-profits of Note, a bi-weekly fee. turn in Indianapolis Business Journal. Information has been updated as much as possible. Organizations that would like to appear in future...

Indianapolis-area foundations.
June 7, 2004... This listing includes foundations with assets over $4.9 million. Information provided by the individual foundations, Internal Revenue Service 990PF forms and The Foundation Center. ADL Charitable Trust 8145 Conarroe Road, 46278 ...

Hyatt may fill Simon space: hotel expansion possible when developer moves out.
June 14, 2004... When Simon Property Group Inc. makes its planned move into a new headquarters building in 2006, it will leave behind 172,000 square feet of office space in National City Center. One option for owners: Converting at least some of Simon's...