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Economic Development
MASTER OF THE PLAN: Ultra-prepared president has Purdue primed for 'pre-eminence'
November 14, 2005
Peter SchnitzlerIt's half-past eight on a Monday morning and Martin Jischke is at his desk, poring over notes. This is how Purdue University's
president spends his days and most of his nights-preparing to be prepared. At any time, Jischke could be interacting with
students, alumni, faculty, legislators or business leaders. He wants to be ready for their questions with clear, articulate
answers, no matter the subject. His responses seem off-thecuff, but make no mistake: Jischke has studied and considered his
position...
MoreDatabase puts 800 technology researchers in reach: Indiana Information Network hopes to link businesses with industry expertise
through extensive online portal
November 14, 2005
Tracy DonhardtA Web-based melting pot of intellectual resources intended to aid technology transfer to the market boasts 800 researchers
in 40 fields that businesses can tap for help. Indiana Innovation Network is an offshoot of Access Technology Across Indiana,
or ATAIN, which was formed about 12 years ago as an alliance of universities, research institutions and businesses statewide.
The alliance, led by John Schneider, assistant vice president for industry research at Purdue, helps research facilities commercialize
their technology. IIN, founded by...
MoreHammond Kennedy Whitney buys centrifuge maker: Investment allows Midwest Engineered Products to expand sales and marketing
November 14, 2005
Peter SchnitzlerSometimes, a profitable product isn't enough to sustain a company's growth. That's what financial partners are for. Consider
Midwest Engineered Products Corp. Founded in 1982 with a $1,000 investment by Jim Beattey and his son Jeff, the locally based
industrial centrifugemaker has grown since then on bank loans and its own profits. These days, it brings in annual revenue
of $10 million, with sales as far away as Europe and New Zealand. "We were having trouble keeping up with the...
MoreOmnicity making inroads among the dirt roads: Rural areas served by wireless broadband provider have grown nearly six-fold
November 7, 2005
Chris O\'malleyAn Indianapolis company that provides wireless broadband service from atop grain elevators, water towers or darned near anywhere
the warbler roosts is expanding at a rapid clip and plans to launch Internet-based phone service in early 2006. Omnicity Inc.
also plans another private offering to raise cash for its ambitious build-out in rural areas that are underserved by high-speed
Internet providers. Improving broadband access has economic development implications in Indianapolis' remote bedroom communities
and throughout sparsely populated areas. Now, even...
MoreGroceries go global: Ethnic food stores surge in popularity, number
November 7, 2005
Matthew KishSalsa outsells ketchup. Tortillas fly off the shelves almost as fast as white bread. And if you're looking for these new staples
of the American diet, Indianapolis is increasingly a good place to find them. Sixteen years ago, there were three Latino grocery
stores in Indianapolis, according to Manuel Gonzalez, president of the Indiana State Hispanic Chamber of Commerce. Today,
there are more than 40. And that's just the places that specialize in products like milpero tomatoes and serrano chilies....
MoreThere's more to logistics than forklifts and sweat: Colleges offer degrees for white-collar jobs in the field
October 31, 2005
Chris O\'malleyIt's not sexy, but it's where the jobs are. Ivy Tech Community College will offer an associate's degree in logistics management,
the latest effort in Indiana aimed at cultivating a work force for the transportation-distribution-logistics sector, known
as TDL. Meanwhile, the University of Indianapolis is preparing a concentration in supply chain management that will have key
applications in logistics careers. Experts say the educational push is sorely needed, yet it's still a challenge to get young
people interested in the...
MorePLAN OF ATTACK: Anderson's leaders are working to exorcise the ghosts of GM
October 31, 2005
Anthony SchoettleFour miles and decades of history separate the Anderson exits along Interstate 69 northeast of Indianapolis. Empty General
Motors Corp. plants-as much a thing of the past as single-class basketball-cast ominous shadows at Exit 26, once Anderson's
front door. To the west, closer to Indianapolis, is Exit 22 and the trappings of the future: millions of dollars in new infrastructure,
a new business park, and the state's largest business incubator-tools Anderson officials think they need to turn this rust-belt
poster...
MoreStartups offered a fast track: Motorsports-themed incubator gets green light in Brownsburg
October 31, 2005
Matthew KishHendricks County officials hope a new business incubator there revs the engines of local entrepreneurs. The motorsports-themed
facility, to be known as Fast-Start, got the green light after a year-long feasibility study concluded the project was a logical
fit for a community that already houses Prudhomme Racing, John Force Racing and Bill Simpson's Impact Racing. "It would help
achieve some of our goals in Brownsburg," said Jeanette Baker, town council president and treasurer of the Hendricks County
Economic Development Partnership,...
MoreIncentives abound to help backfill old GM sites:
October 31, 2005
-Anthony SchoettleAnderson officials are taking advantage of two incentive programs-one state and the other federal-to lure users to former
General Motors Corp. factories. A collection of vacant buildings and empty lots where more than 24,000 GM employees once worked
was designated last December as a state Community Revitalization Enhancement District, or CReED. Anderson is one of only seven
Indiana cities to have a CReED, which offers tax advantages to private companies that locate in the district. The program
is funded by...
MoreTheater rehab project symbolic of city's makeover:
October 31, 2005
-Anthony SchoettleWhile Anderson officials have focused much energy on Interstate 69 access points and former General Motors Corp. sites and
business parks outside the city's center, they've also been carefully rebuilding downtown. In 2002, Anderson Indiana Main
Street was formed, and has become active in the last two years recruiting business there and hosting a number of festivals
and other events. In recent years, many of the streets have been repaved-some with brick pavers as part of a massive beautification
project...
MoreHot mod madness: Customizer Kenny Brown enjoys performance-car revival
October 24, 2005
Chris O\'malleyIn a dark corner of the Kenny Brown Performance garage is the 2005 Mustang Ford Motor Co. should have built. Supercharger.
Disc brakes as big as the tires of some cars. All hung on a chassis that's Prince Charles stiff. And shrouding its meaty tires
are a protruding rear fender and a filled-in quarter window raked all the way back to the taillights, akin to the 1967 Mustang
fastback. "It's kind of like the marriage of heritage and technology," said...
MoreMarsh store on hold: Grocery chain halts plan for much-ballyhooed Atlas replacement
October 24, 2005
Matthew KishFarrar broke the news to residents this month after speaking with Arthur Marsh, the store's namesake, who lives in the area.
A source inside Marsh confirmed the project is on hold, but company officials declined repeated opportunities to elaborate.
Marsh is pulling back from the project at a time it's under increasing financial strain. In its most recent quarter, the Indianapolis-based
company posted a profit of just $674,000 on revenue of $410 million. In an August statement, CEO Marsh Supermarkets...
MoreState changes malpractice tact: Insurance department using more outside legal help
October 17, 2005
Tom MurphyThe Indiana Department of Insurance has boosted the outside help it uses to defend its medical malpractice Patients' Compensation
Fund after seeing a record payout this summer. A staff shortage, concern voiced by providers and a ruling that could lead
to huge damage sums all spurred the move, said Amy Strati, who oversees the fund as the Insurance Department's chief counsel.
"The provider community has clearly said to us, 'We want you using experienced [medical malpractice] attorneys on the complex...
MoreTOM HARTON Commentary: Luring people with bricks, mortar
October 10, 2005
A parking garage is about to rise on a vacant lot at 120 E. Washington St. It's ironic that a block or so west of the site,
a group of architects, city planners, real estate developers and leaders of the city's arts movement meet on a regular basis
to plot against such garages. The garage in the works isn't just any garage. In its current design, which is yet to be approved,
it's only a garage. No ground-floor retail. Just...
MoreBacking home again: CID changes out-of-state course, invests $50M in Indiana
October 10, 2005
Peter SchnitzlerIndiana's flagship venture capital firm has changed direction. Often criticized for not investing frequently enough within
state lines, CID Equity Partners over the last five years has quietly put nearly $50 million to work in 10 Indiana companies.
In the decade before, CID invested in just a half-dozen local deals. And after struggling to weather the 2001 recession, CID's
managers believe the wind is finally at their back. Three years ago, massive losses threatened to sink the firm. Since then,...
MoreEYE ON THE PIE: Let's make Indiana a true hub
October 10, 2005
Morton MarcusSometimes, the obvious is ignored. It is obvious that, geographically, Indiana holds a central position in North America.
But when we think about economic development, we take this obvious point for granted. As business grows and incomes rise across
the world, the demand for transportation increases. The question for Indiana becomes, "How much does this increase in demand
translate into jobs and income for our citizens?" Most people understand that Indiana does not gain anything by having airplanes
cross our...
MoreSouth-side exit finally sparking development: Wal-Mart might by key to I-65/County Line interchange meeting expectations
October 10, 2005
Scott OlsonAn interchange linking Interstate 65 and County Line Road completed six years ago is finally helping attract large commercial
development to a busy Johnson County corridor. While Greenwood city officials are pleased by the amount of activity occurring
there, they question why it took so long. "We thought it would take off much sooner than it did," said Ed Ferguson, Greenwood's
director of planning, zoning and economic development. "We still have several hundred acres available in what we call the...
MoreBye-bye blight?: Developers grabbing parcels east of Circle Centre mall
October 10, 2005
Tammy LieberSeveral groups are floating plans and crunching numbers for downtown hotel or condo projects east of Circle Centre mall, an
area that has been largely passed over for new developments in recent years. One of the more imminent projects is a large
mixed-use development for the quarter-block at Maryland and Pennsylvania streets, now occupied by surface parking lots and
a 9,000-squarefoot office building. A group that includes local developer J. Greg Allen has four separate parcels at the corner
under...
MoreABDUL-HAKIM SHABAZZ: Listen to a tale of two Indys
October 3, 2005
"It was the best of times, it was the worst of times ... ." That is the opening sentence in the Charles Dickens novel, "A
Tale of Two Cities." The book is set against the backdrop of the French Revolution, a revolution where the poor and oppressed
eventually rise up against the aristocracy. And while I'm not about to say 2005 Indianapolis is anything like 1789 Paris,
I cannot help but wonder if, just like France of the 18th century,...
MoreEYE ON THE PIE: Is our child care 'industry' up to snuff?
October 3, 2005
Morton MarcusRecently, I have been part of a study for the Indiana Child Care Fund. It has been a learning experience. The first thing
I learned is that virtually nothing is known about child care. We do not really know how many child care facilities exist
in Indiana. Data from the U.S. Bureau of the Census suggest there are more than 16,000. However, fewer than 5,800 are licensed
or recognized by the state. In addition, there are informal child care arrangements...
MoreUtility fund-raising effort takes heat for opt-out strategy: Critics say customers should be asked if they want to contribute
to Operation Round Up-or any charity
October 3, 2005
Andrea MuirraguiThe concept is a noble one: By rounding their bills up to the nearest dollar, utility customers can turn pennies into a philanthropic
windfall for a worthy cause. Indeed, Operation Round Up programs at nearly 250 electric cooperatives nationwide-including
22 in Indiana-have collected more than $50 million for charity since the fund-raising effort began in 1989. But some observers
question the method most participating utilities use to get their members involved. Rather than being asked to give, residential
and commercial...
MoreCHRIS KATTERJOHN Commentary: Health care close to implosion?
October 3, 2005
The rash of specialty-hospital construction in the suburbs is a gold rush, driven more by greed than the desire to satisfy
an unmet need. The fact that 45 million people in America are without health insurance is a deplorable national disaster.
The best way to use America's health care system is to not get sick. These aren't the rants of a deranged publisher. These
are comments made by a doctor and a pair of health care executives who were panelists...
MoreECONOMIC ANALYSIS: Data thin on rural areas, and likely to get worse
September 26, 2005
Patrick BarkeyThere was a time in this country when cities had electricity and the countryside did not. This side-by-side existence of two
lifestyles-one filled with leisure and convenience, another with endless drudgery and work-ultimately shamed the federal government
to subsidize rural electrification and turn lights on in the country that had been burning in cities for several decades.
That same situation exists today for broadband Internet, and its implications for economic development have already motivated
many communities to pursue plans to...
MoreEconomic developer for hire: Miller's brain trust spreads advice from town to country
September 12, 2005
Peter SchnitzlerIt's about soybeans and high hopes. Clinton County has only 34,148 residents, nearly half of them living in the county seat
of Frankfort. Most of the labor force works in either farming or auto-parts manufacturing. Neither is generally considered
the field of the future. Enter economic development consultant Thomas P. Miller & Associates. Since Clinton County is the
state's fifth-largest soybean producer, TPMA counseled a strategy based on what it already does well. Starting next year,
federal regulators will require...
MoreBasic utility vehicle rolling ahead-slowly: Assembly would happen in developing nations
September 12, 2005
Chris O\'malleyA not-for-profit group developing vehicles for use in the Third World plans to open a "micro-factory" next month near 65th
Street and Binford Boulevard. But the Institute for Affordable Transportation site won't mass-produce its diminutive vehicles,
powered by lawn tractor engines. Rather, the donated space will become a lab for working out methods to help those in developing
countries assemble the so-called "basic utility vehicles." The facility "is to basically prepare the way for this technology
transfer package so it...
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The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!
Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!
I'm still waiting for the list of available, high quality apartments in the Village.
This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.