Education & Workforce Development

City ups charter aid: Loan program to help schools land financing for facilitiesRestricted Content

April 18, 2005
Andrea Muirragui
Indianapolis leaders are lending a helping hand-and the city's strong credit rating-to charter school operators intent on building a different kind of educational environment, often from scratch. Charters receive tuition support payments from the state, but unlike other public schools, they do not get any tax revenue for their buildings. "The facility issue is a big issue," said Mayor Bart Peterson, the only municipal leader in the country with the power to grant charters. "If we are committed to seeing...
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STATEHOUSE DISPATCH: Statehouse battles brew as session winds downRestricted Content

April 18, 2005
Ed Feigenbaum
An awful lot of things need to fall into place between now and April 29 for lawmakers to exit Indianapolis with their heads held high over their ability to get things done this session. Some may quibble (and others flat-out argue) about whether the legislative agenda this session has been active-positive or active-negative. However, there is no question that, to this point at least, lawmakers-mirroring the new governor-have been proactive. It's a stark contrast to the passive stance of the...
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ECONOMIC ANALYSIS: Pondering the world from an economist's viewpointRestricted Content

April 18, 2005
Patrick Barkey
In case you've ever wondered what it is like to look at life through the eyes of an economist, here are some questions to ponder: Has anyone else noticed that public schools these days are in the transportation business, the sports entertainment business, the restaurant business, the health care business, not to mention the day care business? It's no wonder their jobs are so difficult. To those who decry the risk of diverting Social Security revenue towards personal accounts in...
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Center offers businesses a challenging experience: Year-old school program adds corporate component to build community awareness and financial supportRestricted Content

April 18, 2005
Ethan Bartanen
Simulating the events of a real-life space mission is not just child's play anymore. Decatur Township Schools' Indianapolis Challenger Learning Center now allows area businesses to participate, too. The center, in Ameriplex Business Park, has been hosting field trips and summer camps for children for about a year. An adult program lifted off last fall. "We do not just want to do school-oriented projects," said Director Gary Pellico. "We want to be a part of this community and we are...
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Design firms involved in midfield terminal project merge:Restricted Content

April 18, 2005
After working together on the midfield terminal project at the Indianapolis International Airport, CSO Architects Inc. and SchenkelShultz Architecture have joined to become CSO SchenkelShultz. Executives of the two announced the merger to employees April 12 during a staff meeting at CSO's headquarters on East 96th Street. Terms of the deal were not released. "By working together, we found that we have a lot in common," said James Schellinger, a managing partner at CSO. "We both work in a lot...
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Mission to Mexico to promote business: City officials, corporate leaders to take part in tripRestricted Content

April 18, 2005
Katie Maurer
Most Hoosiers visiting Mexico spend their time on the beaches of Cancun, Cabo San Lucas or Puerto Vallarta. But this fall, an excursion of a different kind will take local business and civic leaders south of the border to explore new opportunities for commerce and trade with Mexico. The week-long mission, scheduled for early September, is the brainchild of Sergio Aguilera, Mexico's consul general for Indianapolis. He hopes that exposing Hoosiers to all facets of Mexican life-from government and the...
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Special Report: Flawed funding: Years of guaranteed increases set stage for school crisisRestricted Content

April 18, 2005
Andrea Muirragui
Indiana's decades-long effort to protect shrinking school corporations from drastic cutbacks may well backfire on the very districts that most depend on it-including Indianapolis Public Schools. Critics say the promise of more money regardless of enrollment has allowed some school systems to bloat their budgets, and now state legislators are poised to let the air out. School funding already represents more than one-third of Indiana's $24 billion, twoyear budget, and lawmakers want to rein in expenses and eliminate a projected...
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BEHIND THE NEWS: Great Lakes board battled for sweet price from suitor Bulriss not talking Legal costs singe ITTRestricted Content

April 18, 2005
Greg Andrews
Great Lakes Chemical Corp. shareholders have had a lot to feel disappointed about in recent years. But there's no way they can feel let down over the board's handling of the company's $1.5 billion sale to Connecticut-based Crompton Corp. A new regulatory filing shows directors of Indianapolis-based Great Lakes went to extraordinary lengths to extract every penny possible from Crompton before sealing the sale March 8. A blow-by-blow account contained in the filing shows the Great Lakes board first began...
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Accounting firm looks overseas for help: Sarbanes-Oxley business sparks need for extra handsRestricted Content

April 18, 2005
Scott Olson
Zietsman is one of several employees of PricewaterhouseCoopers who are in the United States to temporarily help the global accounting firm complete client audit work created by the 2002 Sarbanes-Oxley corporate-accountability law. One rule, Section 404, requires corporations to assess the internal accounting controls they have in place to ensure their financial reporting is accurate and reliable-and requires accounting firms to vouch for those controls. Many public companies had to devote thousands of employee hours and millions of dollars to...
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WIP Downtown: Salon combines talented stylist, savvy tech guy 40 percent of appointments are made onlineRestricted Content

April 18, 2005
Susan Raccoli
You won't find People magazine in the waiting room at the WIP Downtown hair salon. "That magazine just encourages gossip," explained co-owner Jeff Demaree. Contrary to the stereotype of hairdresser as therapist, Demaree wants his staff "to avoid discussing personal problems with customers because it makes the atmosphere more stressful." Instead, Jeff and his wife, co-owner Kimberly Demaree, suggest discussing current events, politics-if they know they agree with the customer-TV, or recent WIP accomplishments such as photo shoots. "We want...
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Charter school leaving train station location for its own 'empowerment center':Restricted Content

April 18, 2005
-Andrea Muirragui
21st Century Charter School is pulling away from Union Station. Nearly three years after reinventing 17,000 square feet of space that once housed a bar and Hooter's restaurant, school sponsor Greater Educational Opportunities Foundation has plans to build a stand-alone facility about five miles to the north. GEO has agreed to buy a two-acre parcel at 25th Street and Capitol Avenue that was to be the site of the Fall Creek Retail Center, an ill-fated project that fell apart in...
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Wellness provider expands: Summex Health planning bigger HQ on NW sideRestricted Content

April 11, 2005
Scott Olson
A leading provider of wellness programs for large companies will triple its office space in June to meet demand from employers eager to save on soaring health care costs. Indianapolis-based Summex Health Management Inc. and its 55 employees will vacate 10,000 square feet of office space in The Morley Group building on the northwest side and take up residence in roomier digs in nearby Woodland Corporate Park. The Duke Realty Corp. property provides Summex nearly 30,000 square feet, or the...
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Banker fits bill at art museum: Ex-Bank One CEO O'Connor leads facility through final stages of $74M expansionRestricted Content

April 11, 2005
Tammy Lieber
Just over a year after retiring from the top position at central Indiana's largest bank, former Bank One of Indiana CEO Lawrence A. O'Connor Jr. found himself giving up his newfound freedom to run another big business-the Indianapolis Museum of Art. Making the jump from financial services to arts and culture might seem unlikely, but O'Connor, who's been serving as IMA's interim executive director since November, finds himself at home running Indianapolis' largest arts-related not-for-profit. "This is a wonderful place,"...
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IUPUI discovers Office for Women still needs to exist: Program uses workshops, discussions and awards to keep the issues affecting women in the forefrontRestricted Content

April 11, 2005
Ethan Bartanen
While many universities have programs dedicated to women's equality, the IUPUI Office for Women is not taken for granted by the administration there. "It is important as part of the university's diversity department," said Kathy Grove, director of the IUPUI Office for Women. "It helps women to fulfill their potential and ensure that we have an environment free of harassment based on gender." Established in October 1996 under the leadership of Dr. Kathleen Warfel, who was a professor of pathology...
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Are you tough enough?: Women learn how to be hardy so they can compete with the guys in any field of endeavorRestricted Content

April 11, 2005
Kathy Maeglin
Dr. Mary Reilly sometimes gets emotional on the job. But the emergency physician also knows how to turn it off. "In the middle of a 'code,' I can't be breaking down in tears," said Reilly, who works with Indianapolis-based St. Vincent Emergency Physicians Inc. "I put a wall up in some situations and try not to think about these people as people. That's the only way emotionally I can get through [it]." Reilly is among the many women who've learned...
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ROSE Awards ceremonies honor hospitality workers: A dozen employees commended for top-level serviceRestricted Content

April 4, 2005
Staff Report
Vickie English, night auditor, Courtyard by Marriott at the Capitol In her eighth year as night auditor at the Courtyard at the Capitol, English was honored for providing outstanding service, including driving to the airport to deliver an airline ticket a guest left at the hotel. Robert Diaz, chauffeur, Carey Indiana A 17-year employee with Carey Indiana, Diaz was praised for going out of his way to be helpful. When one one client requested food from a popular restaurant in...
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STATEHOUSE DISPATCH Ed Feigenbaum: Competing interests emerge to cloud coming budget tiffRestricted Content

April 4, 2005
At the beginning of the legislative session, you probably thought that given Republicans were firmly in charge at the Statehouse for the first time in 20 years, bu d g e t - m a k i n g would be easy. Guess again. And gear up for a major budget battle. When Gov. Mitch Daniels proposed his budget ideas, lawmakers immediately shot down the most visible and memorable feature: the 1-percent surtax on higher-income Hoosiers. House members then passed...
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BULLS & BEARS: Investors' actions mean lower investment returnsRestricted Content

April 4, 2005
Dave Gilreath
Have you been an investor in stocks for 20 years? Since the demographics of this paper show that the average subscriber has household income of more than $220,000 and is 48 years old, the answer is probably, "yes." Over 20 years, the S&P 500 has returned 10.3 percent per year, which means that $40,000 invested in stocks in 1984 would now be worth $280,000. The problem, though, is the market returned 10 percent, but Average Joe Investor only earned 7.9...
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Sweet Spot: Local philanthropists plan $15M chocolate facility on Indianapolis' north sideRestricted Content

March 28, 2005
Stacey McArthur
Local philanthropists plan $15M chocolate facility on Indianapolis' north side Two local philanthropists have bought 51 percent of Endangered Species Chocolate Co., based in Talent, Ore., and plan to move production of the company's gour met dark chocolate to Indianapolis. Randy Deer and Wayne Zink, founders of the Back Home Again Foundation, paid $3 million in January for majority control of Endangered Species and plan to invest another $15 million in a manufacturing facility and new marketing strategy. "We wanted a...
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School moratorium concerns industry: State officials studying whether too much money is being spent on non-educational construction projectsRestricted Content

March 28, 2005
Scott Olson
Designers of educational facilities are expressing concern over the future of school construction in Indiana as state officials mull guidelines that could bring changes to the process. Upon taking office in January, Gov. Mitch Daniels temporarily halted new school-construction borrowing to give the Department of Local Government Finance time to develop guidelines to ensure taxpayer money is spent wisely. The 120-day moratorium is a result of Daniels' theory that school corporations spend too much money on projects unrelated to instruction....
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STATEHOUSE DISPATCH: Kenley's funding plan has momentum despite criticsRestricted Content

March 28, 2005
Ed Feigenbaum
Remember when Republican Gov. Mitch Daniels felt "car-bombed" by House Democrats when they refused to provide a quorum for votes on 132 bills? Then Senate Tax and Fiscal Policy Committee Chairman Luke Kenley, RNoblesville, must have felt last week that his plan to help finance a new stadium for the Indianapolis Colts and an expansion for the Indiana Convention Center was hit by rocket-propelled grenades. Kenley proposed to finance the two projects through a combination of private, state and local...
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VOICES FROM THE INDUSTRY: There are reasons for rising school construction costs More technology More sportsRestricted Content

March 28, 2005
Fredrick J.
Public school officials around the state have received sharp criticism in recent years for authorizing construction that critics decry as ostentatious and excessively expensive. Chief among the targets, but not exclusively, are athletic facilities that are often perceived as superior to all but the largest of our NCAA Division I colleges and universities. Without taking sides in the fray, I would simply remind everyone that K-12 education is basically a community function driven by local decisions. The bulk of the...
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Purdue ousts biz guru: Director fired amid shakeup of high-profile tech incubatorRestricted Content

March 28, 2005
Peter Schnitzler
The billboards read "Go Businessmakers," but the yellow flag is up. Purdue University is reorganizing its primary program to assist high-tech startups and has fired the director. Part of Purdue's nationally recognized effort to transform raw university research into viable businesses, the Gateways Program had been managed since October 1998 by Sam Florance, a former investment banker and management consultant. Purdue closed Gateways and eliminated Florance's position on March 14, IBJ has learned. On March 18, Joseph B. Hornett, senior...
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Indiana State Bar Association embraces construction: Organization starts Construction and Surety Law section to help lawyers who work in building-related fieldsRestricted Content

March 28, 2005
Ed Callahan
A new section of the Indiana State Bar Association is a little out of the ordinary. The Construction and Surety Law section, which went into operation last fall, focuses on a specific industry instead of a specialized area of the legal practice, such as liability or contract law. This approach is pretty uncommon for state bar associations, Indiana State Bar Association officials said. "This section represents the cutting edge for bar membership," said Section Vice Chairman David J. Theising, a...
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Tyler Mason Salon/Spa: Salon pampers its customers Owner has extremely high standards for her staffRestricted Content

March 21, 2005
Susan Raccoli
"It's all about the client," Tammie Baker tells her staff at the Tyler Mason Salon/Spa. That's probably one reason her business has been listed among the top 200 salons in the country by industry magazine Modern Salon. Assembling the right staff to fit her vision was the biggest challenge Baker faced when she started her business in 1992. But once she hired someone-after a lengthy interview process requiring several visits-she made sure that employee continued his or her education and...
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