Manufacturing & Technology

Sign Craft experiences record growthRestricted Content

December 8, 2008
Anthony Schoettle
While many central Indiana manufacturers are feeling the pinch of the downturned economy, locally based Sign Craft Industries Inc. is posting record growth this year and projecting another robust year in 2009.
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Manufacturing Extension Partnership nearly doubles Indiana clients servedRestricted Content

December 8, 2008
Scott Olson
Manufacturing Extension Partnership, an initiative formerly managed by the state, is thriving under Purdue University's leadership.
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Don't trust security of hotel computersRestricted Content

December 8, 2008
Tim Altom
If you're not using your own computer that's been religiously scanned for malware, you're leaving yourself open, and the elegance of the hotel is no indicator of how safe its computers are.
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Indiana Venture Center shutting downRestricted Content

December 1, 2008
The Indiana Venture Center, a local not-for-profit that mentors Hoosier entrepreneurs and startup companies, is shutting its doors.
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New IRL ethanol deal with Brazil angers U.S. corn growersRestricted Content

December 1, 2008
Anthony Schoettle
The Indy Racing League suddenly finds itself at odds with Midwestern farmers over a decision to make a Brazilian consortium its ethanol supplier starting next year.
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'The Big Picture' offers stunning array of photosRestricted Content

December 1, 2008
Jim Cota
Sometimes only a picture will do.
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Eli Lilly investing $100M in China, hoping to attract research partners

December 1, 2008
Brian Spegele
Hoping to increase sales in China's rapidly growing pharmaceutical market, Eli Lilly and Co. is charging ahead with plans to invest $100 million in venture capital in the region over the next several years.
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Defamation laws haven't caught up with today's InternetRestricted Content

December 1, 2008
Matthew Albaugh
What are the legal repercussions against Web sites that allow defamatory comments to be posted on them?
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Voice-mail firm's latest product helps clients collect overdue debtsRestricted Content

December 1, 2008
Scott Olson
A growing number of companies strapped for cash and struggling to pay their bills on time is presenting an unusual opportunity for Vontoo Inc., a local IT firm.
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State technology interests don't want economy to stifle progressRestricted Content

December 1, 2008
Peter Schnitzler
Indiana legislators are signaling that everyone who receives funding from state government must tighten their belts as tax collections fall short of projections. That could cause pressure for cuts to key technology incentives.
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Chamber launches biz networking online siteRestricted Content

December 1, 2008
The Greater Indianapolis Chamber of Commerce has launched an online business networking site called Indylink.com.
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Technology will change future of health care deliveryRestricted Content

December 1, 2008
Jack Horner
Changes will dramatically materialize over the coming months and years as the delivery of health care services takes on a consumer-driven focus.
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Businesses should note how consumers adapt inventions to fit their needsRestricted Content

November 24, 2008
Tim Altom
Consumers use online shopping carts for items that they're considering buying, not intent on buying.
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Budget cuts threaten local economic data analysisRestricted Content

November 17, 2008
Morton Marcus
Budget cuts could eliminate programs that gather and analyze local and state economic data. This would hurt businesses and economic development officials, since they would not have the data that helps them see how their market differs from the state and the nation.
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Greenwood's largest employer to launch $69M expansionRestricted Content

November 17, 2008
Endress + Hauser Inc., one of Greenwood's biggest employers, is planning a major expansion that will bring 234 jobs to Johnson County.
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Symphony tries out textingRestricted Content

November 17, 2008
Sean Newhouse, associate conductor of the Indianapolis Symphony Orchestra, invited concert goers to send a text message to vote for their finale favorite.
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Computers may be sensible, but consumers manipulate them in weird waysRestricted Content

November 17, 2008
Mike Redmond
Computers are sensible, but humans using computers are anything but.
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ChaCha trims employees, modifies biz planRestricted Content

November 17, 2008
Peter Schnitzler
Search engine ChaCha lays off employees, cuts perks, begins limiting its free answers to clients
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Baker and Daniels creates logistics practice with 20 plus attorneysRestricted Content

November 10, 2008
Indianapolis law firm Baker & Daniels LLP has formed an advanced manufacturing and logistics practice to be headed by partner James S. Birge.
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Ingersoll-Rand donates time, money to IPS 94Restricted Content

November 10, 2008
Kathleen McLaughlin

Ingersoll-Rand donated $35,000 worth of materials, $15,000 for engineering and labor, and future support  to IPS 94.

 

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Indiana CEOs are cautious during financial mayhemRestricted Content

November 10, 2008
Greg Andrews

CEOs with Simon Property, Duke Realty Corp. and Interactive Intelligence Inc. report that their companies are taking an uncharacteristically cautious approach to acquisitions and investments, given the faltering economy.

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Expensive ink cartridges for computer printers signal they're empty when notRestricted Content

November 10, 2008
Tim Altom
Ink cartridges signal that they're empty when they're not, but consumers can take steps to judiciously use all the ink in any computer printer cartridge.
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Accounting firms preparing for new international standardsRestricted Content

November 3, 2008
Scott Olson
 For corporations with a global presence, the transition to International Financial Reporting Standards should streamline the world's financial reporting system.
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Local startup offers 'virtual' resume managementRestricted Content

November 3, 2008
In September, Jeff Bockelman launched CareerScribe LLC, a local Web forum where users can "virtually" manage their resumes.
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Fitbrains.com offers games to keep your memory sharpRestricted Content

November 3, 2008
Jim Cota
Vivity Labs has developed a Web site called Fit Brains (www.fitbrains.com), which features engaging games and activities that exercise the five key cognitive areas of the brain: memory, language, concentration, executive functions, and visual and spatial skills.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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