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Manufacturing & Technology
Move over 'Super 70'-this one is really big: Department of Transportation hoping for summer launch of study to add truck lanes
to 800 miles of I-70
May 26, 2008
Chris O\'malleyImagine driving the car down an interstate highway devoid of tractor trailers. It could dramatically improve traffic flow
and safety, but it would sever supply chains and bring manufacturing to a halt-to say nothing of the state's logistics industry.
But how about putting those trucks in their own lanes, separated from cars and light trucks? What seemed merely a fanciful
concept for Interstate 70 when highway planners tossed it out about a year ago is gaining momentum. The Indiana Department...
MoreEDITORIAL: Pricey fuel isn't all bad: Pain at pump creates opportunity
May 19, 2008
Pricey fuel isn't all bad Pain at pump creates opportunity The high cost of fuel hurts everyone, from commuters to business
owners to not-for-profits whose volunteer drivers deliver meals to shut-ins. Our whole economy suffers. But there's a silver
lining to gas for $4 a gallon: opportunity. If the price of fuel isn't coming down, and that seems to be the prevailing wisdom,
the only thing to do is adapt. It's in adapting that there's opportunity to be found and...
MoreEYE ON THE PIE: We need more leaders like this guy
May 12, 2008
Morton MarcusA friend and I were having lunch. We were talking about an old issue: the lack of leadership in the state. Both of us agreed
that Mitch Daniels has been doing a good job in following through on what he promised, whether or not folks liked it. But
we were hard-pressed to find other examples of civic or political leadership. I suspect our problem may have been one of age.
We're guys who have been around for the past four...
MoreVOICES FROM THE INDUSTRY: Despite some perceptions, future for IT workers bright
May 12, 2008
Jim JayIn mid-March, Bill Gates traveled to Washington to carry an unpopular message to Congress: Raise the limits on visas for foreignborn
tech workers, or Microsoft and other high-tech companies will be forced to move more jobs overseas in search of a skilled
work force. Gates' testimony to the House Committee on Science & Technology wasn't groundbreaking-the shortage of tech workers
is well-documented. But it begs an obvious question: Why have computer science enrollments at U.S. colleges and universities
fallen by...
MoreHungry for growth, bagel maker tiptoes into healthy food segment
May 5, 2008
Sam StallSince its founding 17 years ago, Indianapolis-based Harlan Bakeries LLC has built its reputation, and its fortune, on making
bagels. Untold millions of bagels. Considering the number of conventional treats Harlan turns out, it might be easy to overlook
its newest project: producing a non-medical "diet cookie" for Boca Raton, Fla.-based Smart For Life Weight Management Centers.
MoreAngels invest where others fear to tread: Wealthy entrepreneurs join forces to create HALO Capital Group
May 5, 2008
Peter SchnitzlerSome high-tech companies are so risky that even venture capitalists quiver. That's when they turn to angels, who aren't afraid
to fly to the rescue of cash-strapped innovators with chancy yet possibly lucrative ideas. Last year, two dozen of central
Indiana's most successful business veterans decided to intercede on behalf of Hoosier entrepreneurs. They formed HALO Capital
Group, a network of angel investors who seek to speculate on promising Indiana startups. Every other month, the HALO group
meets at a...
MoreECONOMIC ANALYSIS: A healthy economy makes an uninteresting campaign
May 5, 2008
Mike HicksIn this curious primary season, Indiana finds itself the brief center of attention as Sens. Hillary Clinton and Barack Obama
invest time and treasure in the crossroads of America. The strongest focus in both their campaigns is my favorite subject-the
economy. Both candidates bemoan the poor Hoosier economy, its job losses and income inequality. This would be a superb campaign
approach for both candidates, except that their claims are wholly, totally and embarrassingly devoid of facts. Indiana's economy
is doing...
MoreBEHIND THE NEWS: Locally based oil refiner sees boom times vanish
May 5, 2008
Greg AndrewsCalumet Specialty Products Partners LP, the low-profile Indianapolis-based oil refiner, has been confronting challenges lately
that would fray the nerves of even the most seasoned executive. First, the business is grappling with a huge spike in crude
oil prices-the main input for its three Louisiana refineries, which churn out vehicle and jet fuel, along with solvents, waxes
and other specialty petroleum products. Then there's the delay-plagued expansion of its Shreveport refinery, which began in
late 2006. The project was supposed...
MoreVOICES FROM THE INDUSTRY: Making green make sense in a competitive market
April 28, 2008
Robert StefanskiDay after day, the news seems filled with stories of disruptive credit markets, an economy teetering on recession, and increasing
energy costs. As business professionals grapple with such issues daily, why would commercial real estate professionals consider
the time and effort to "go green"? Historically, green initiatives suffered in part from stereotypical "tree-hugger" false
perceptions. Such perceptions may lead people to believe that green investments simply aren't worth it. The truth? The real
focus has always been the efficient use...
MoreVOICES FROM THE INDUSTRY: There is no better time to think about going global
April 21, 2008
Michael SnyderA weak dollar. Lost jobs. Liquidity challenges. These and other perceived barriers tend to unfortunately mute short-term considerations
for Indiana businesses thinking about international expansion. The reality? Globalization of U.S. businesses is alive and
well, and proceeding at a breakneck pace. In fact, America and the world remain embroiled in likely the greatest commercial
transformation since the Industrial Revolution with the full integration of U.S. markets in an open era of innovation and
productivity. How does this play out in...
MoreVOICES FROM THE INDUSTRY: Weak dollar can actually help Hoosier manufacturers
April 21, 2008
Christine H.As the U.S. dollar continues to weaken against foreign currencies, it actually benefits many Indiana companies that are actively
pursuing sales abroad. M a n u fa c t u r e r s should pursue crossborder sales and supply-chain relationships to capitalize
on the improved price points resulting from the lower dollar. However, manufacturers should be aware of the reach of U.S.
patent law, which U.S. courts are regularly extending to cover activities performed outside our borders. Capitalizing on...
MoreEYE ON THE PIE: Can we handle Obama's truth?
April 21, 2008
Morton MarcusThis is not a political endorsement. It is, however, a cry of outrage that a candidate for president is attacked for speaking
the truth. Barack Obama has been quoted as saying, "You go into these small towns in Pennsylvania and, like a lot of small
towns in the Midwest, the jobs have been gone now for 25 years and nothing's replaced them. And it's not surprising then [that
local residents] get bitter, they cling to guns or religion or antipathy...
MoreIU leader's goal: global integration: CIBER director wants center's work to influence all areas of business education
April 21, 2008
Scott OlsonBarbara Flynn, a veteran of academia who arrived at Indiana University in 2006, is director of the IU Center for International
Business Education and Research. CIBER, founded in 1981, creates business research and study opportunities for IU faculty
and students, with the ultimate goal of preparing graduates to compete in today's global economy. The center mostly is funded
federally and operates on a $500,000 annual budget. The 55-year-old Flynn has a degree in psychology from Ripon College in
Wisconsin and...
MoreEYE ON THE PIE: It's the money, not the jobs, stupid
April 7, 2008
Morton Marcus"It's jobs, jobs, jobs," presidential and gubernatorial candidates shouted last week in Indiana. And the crowds responded
in the affirmative, urging the candidates to promise more jobs for more Hoosiers. OK; jobs are good, but well-paying jobs
are better. Since the 1980s, the state has claimed it is interested only in jobs that pay above the average for the area in
which they are located. When challenged by the fact that the jobs being acclaimed do not always meet that...
MoreGoldberg contest counts on business: Companies find recruits, marketing opportunities
March 31, 2008
Scott OlsonIn terms of advertising revenue, the Final Four it ain't. But the national Rube Goldberg Machine Contest at Purdue University
is attracting more corporate sponsorships than ever before. Named for the Pulitzer Prize-winning cartoonist, the annual event
scheduled for April 5 is a testament to his drawings that lampooned government policies by using complicated contraptions
to complete trivial tasks. This year's assignment is to assemble a hamburger consisting of at least one patty, two vegetables
and two condiments between buns....
MorePolishing the pitch: Business-plan competitions give student entrepreneurs experience, exposure
March 31, 2008
Jennifer WhitsonCollege entrepreneurs in Indiana are sharpening their business plans and practicing their pitches in hopes of convincing experts-the
possibly funders-that they've come up with the next big idea. The venue: the increasingly highstakes competitions that universities
here and elsewhere sponsor to give them practice selling themselves and their ideas. Success can come with more than bragging
rights, since judges often include venture capitalists who can help transform finalists' dreams into reality. "I can't imagine
a better way to train for...
MoreFree-lancing turns into big-time marketing: Mom-and-pop ExaroMed now growing fat with large drug and device clients from across
the country
March 31, 2008
J.K. WallMost free-lance writers eke out a living. The most fortunate live comfortable lives. But Mindy Mascaro turned her freelance
writing business into a thriving company. Carmel-based ExaroMed LLC is now producing sales and marketing content for the like
of Roche Diagnostics, Eli Lilly and Co. and Amgen Inc. It has also served smaller life sciences companies such as Indigo BioSciences
Inc. and Cheetah Medical Inc. The company has zoomed from six employees to 20 in the last year. It's already...
MoreSMALL BUSINESS PROFILE: MATRIX LABEL SYSTEMS INC.: Label maker manufacturing growth - again Fourth expansion project set to
open this summer
March 24, 2008
Jennifer WhitsonSMALL BUSINESS PROFILE MATRIX LABEL SYSTEMS INC. Label maker manufacturing growth - again Fourth expansion project set to
open this summer Within a month, Plainfield-based Matrix Label Systems Inc. will break ground on a fourth addition to its
central Indiana facility, adding nearly 17,000 square feet of warehouse space and potentially more workers. That's just the
latest growth spurt at the 23-year-old company that started out of a garage and now has 50 employees and $15 million in annual
revenue....
MoreVOICES FROM THE INDUSTRY: New tax break makes Indiana more attractive than ever
March 17, 2008
Cedric D\'hueRapid growth in the high-tech fields of biotechnology and life science has made Indiana a shining example of how promoting
emerging industries can transform an agricultural and manufacturingbased economy into a national leader in innovation. It
has done so by creating an environment in which knowledge-based businesses can thrive. Building on this success, Indiana continues
to position itself as a leader in emerging technologies. A new tax law that took effect this year will present another major
step toward this...
MoreKnauf plans state's first 'gold-certified' building
March 17, 2008
Chris O'Malleyin an uncommon move among Indiana manufacturers typically more preoccupied with foreign competition and deteriorating margins,
Knauf Insulation is rebuilding its research and development facility, destroyed in a fire last year, to make it 30 percent
more energy-efficient than a conventional office building of its size.
MoreHoosier Heartland Highway pumps up hope on prairie: Expressway construction starting two years early
March 17, 2008
Chris O\'malleyLAFAYETTE-For years, they've driven on little more than paved-over wagon trails pioneers carved into the hills nestling the
Wabash River. Motorists on State Road 25 between Logansport and Lafayette have grown desperate for a replacement: the final,
33-mile western leg of the "Hoosier Heartland Highway." Today, the Hoosier Heartland expressway ends in Logansport-the western
terminus of a newly improved, four-lane U.S. 24 that runs east, to Fort Wayne. But last month Gov. Mitch Daniels surprised
highway proponents with word that...
MoreProposals to loosen Indiana's wine distribution system fail
March 17, 2008
Jonathan HiskesAt IBJ press time, the General Assembly was set to close another session without significant change to the state's complex
alcohol distribution system, ensuring another year of wrangling between wineries and wholesalers. A proposal to raise the
direct shipping limit to 10,000 cases failed. So did a broader deregulation bill brought by a new Indiana wine drinker's group,
VinSense.
MoreStudents finding robotics irresistible: Competitions promote interest in technology
March 10, 2008
Scott OlsonOn the same day this month when high school boys' basketball teams compete to advance to the state finals, another event showcasing
the talents of Indiana's youth should be just as climactic. Only this contest emphasizes academics over athletics. The three-day
Boilermaker Regional at Purdue University that culminates March 15 will host roughly 40 high school robotics programs, including
26 schools from Indiana. Students will apply their engineering and computer programming skills to design and build task-performing
machines. The winning...
MoreIU follows Purdue lead, overhauls business-development strategy
March 10, 2008
Peter SchnitzlerIndiana University President Michael McRobbie calls it "Innovate Indiana." His ambition is to corral all of IU's strengths
under one new branded initiative to boost the Hoosier economy. Purdue University already has leveraged a similar strategy,
promoted with "Go BusinessMakers!" billboards, to national acclaim.
MoreEYE ON THE PIE: Waiting for evidence of recession
March 10, 2008
Morton MarcusSave the date: March 27. That's when the U.S. Bureau of Economic Analysis will release the latest data on Indiana's economy.
At that time, we'll get the first estimate of personal income for the last three months of 2007, plus revisions of previous
quarters. If there is a recession, that's where we will see the first clear indications. If? Yes, it is still not clear if
there is a recession because the data, our photos of economic performance, are not...
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I'd rather the state keep my $7 instead of sending $3 to me and $4 to some attorney.
Hey Horace, I totally support your right for freedom of religious expression as well as your right to take this class. BUT I do believe this class should be presented as part of a religion curriculum and not as a science course.
Gob Bluth
Scotty's Lakeside at Geist was SO much better than this new Detour. We enjoyed the family nights, atmosphere, food and selection of local beers at Scotty's Lakeside. The new Detour has a lower level of service and we were not impressed with the food and beer selections. Would love to have Scotty's Lakeside back!!!
I have only been to The Precedent Scotty's location, but food and service have been consistently good and they are always packed. I'd love to say 'good-bye' to Detour(big babies). Since that area is built and intended to a mix of residential and business, there should not be any kind of noise level that would disturb any of the homeowners or patrons nearby. I've been to Detour only once (all it takes for me) and the food was so-so and overpriced and the service was under-par. Keep on trucking Mr. Wise!