Media & Marketing

Y&L shoots for Lands' End: Underdog Young & Laramore fights national advertising behemoths for $10 million accountRestricted Content

June 13, 2005
Anthony Schoettle
The seemingly undersized, undermatched independent advertising agency Young & Laramore has found itself in the national spotlight competing for a multimillion-dollar account with some of the industry's largest national players. The Indianapolis-based firm best known for its award-winning ad campaigns for Steak n Shake, Goodwill Industries and most recently Stanley Steemer, is one of four finalists vying for the lucrative Lands' End broadcast creative contract. Young & Laramore's competitors for the Lands' End account are Omnicom Group's BBDO and Downtown...
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Feed store offers unique product mix: Retailer remains a Wanamaker institution, despite having numerous competitorsRestricted Content

June 13, 2005
Susan Raccoli
Wanamaker Feed and Seed Feed store offers unique product mix Retailer remains a Wanamaker institution, despite having numerous competitors Pig noses, pig ears, cow hooves, wind chimes, jackknives, horse feed, bottled water, Indiana-dipped candles, carousel bird feeders-the inventory at Wanamaker Feed and Seed runs an interesting gamut. And owner Jim Trimble knows what to add, because he takes the time to know every customer and find out exactly what is wanted. (The first three items are for dogs to chew...
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Purdue student plays key role in "RFID for Dummies": Book helps businesses implement logistics technologyRestricted Content

June 13, 2005
Peter Schnitzler
Patrick Sweeney was the book's author. Most other books on RFID consider only the highly technical aspects of the technology, Sweeney said. "RFID for Dummies" is aimed at businesspeople charged with actually implementing the technology, or for those who determine its ROI. "This is really the first book of its kind that walks people through the logical process to deploy an RIFD system," Sweeney said. The cost of implementing RFID is based For an up-and-coming new technology like radio frequency...
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State targets salvage yards: 44 violations cited, but no fines so farRestricted Content

June 6, 2005
Chris O\'malley
Indiana auto salvage yards are finding themselves in the crusher-in the clutch of regulatory jaws bent on reducing salvage-yard pollutants. In barely two years, the Indiana Department of Environmental Management has issued violation notices to 44 salvage yards, according to state records. While historical numbers weren't immediately available, "before, we were sporadic and really didn't have a widespread effort," said Amy Hartsock, an IDEM spokeswoman. While on the prowl lately, the agency's jaws have been padded with rich Corinthian leather:...
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JOHN KETZENBERGER Commentary: Time is ripe to heal racing riftRestricted Content

June 6, 2005
Roger Penske strode alone through Gasoline Alley 90 minutes before this year's Indy 500. With 13 wins at the Indianapolis Motor Speedway, The Captain certainly knows how to get his drivers around the famed Brickyard. In the next line of garages, a crowd of race fans and media gathered before doors numbered 12, 13, 14 and 15 where Rahal Letterman was encamped. Rookie phenom Danica Patrick arrived on a golf cart and disappeared quickly into the relative calm before the...
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SPORTS: No checkered flag for IRL, but it's leading the raceRestricted Content

June 6, 2005
Bill Benner
The Indianapolis 500 is back, so we are told and at least we should hope. While television ratings didn't blow through the roof, they at least climbed out of the basement by posting a 40-percent increase and putting in the rear-view mirrors that evil NASCAR event later in the day. Officials proclaimed with pride that the Indianapolis Motor Speedway was "almost a sellout" for the big race, which, not that many years ago, would have been an indictment, not a...
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Up to the challenge: Stadium project leader has been here beforeRestricted Content

May 30, 2005
Andrea Muirragui
John Klipsch didn't necessarily set out to take control of one of the largest public-works projects in Indianapolis history, but he prepared for it nonetheless. "My degree is in counseling," he said with a wry smile. "This is how my career has evolved over the years." So here he is, two months before work is scheduled to begin on a $900 million stadium construction and convention center expansion project, relying on his professional experience and personal dedication to get the...
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EYE ON THE PIE: How fast are housing prices rising?Restricted Content

May 30, 2005
Morton Marcus
Dear Jane Bryant Quinn: I apologize for writing so long after your March 28 column was published in Newsweek. You may have already addressed the issues that concern me. I don't get to read that magazine until it has been around our house for a while. However, several other tardy readers have asked why housing prices in Indianapolis are falling. They all have the same source: your column. You wrote: "Prices dropped 4.2 percent in Charleston, W.Va., where the median...
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A business-friendly approach: New insurance boss hopes to speed approval process, attract firms to stateRestricted Content

May 30, 2005
Scott Olson
Jim Atterholt may not have been the governor's top choice to lead the Indiana Department of Insurance. But the former state representative who has dedicated his career to public service is no consolation pick, either. Those who know the 43-year-old Atterholt say his calm demeanor and his sharp people skills should serve him well in his new role as an administrator. He took the helm as commissioner Feb. 22, about a month after Harold Calloway declined the appointment. Atterholt since...
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ECONOMIC ANALYSIS: Expect more rate hikes by the Federal ReserveRestricted Content

May 23, 2005
Patrick Barkey
If the Federal Reserve's steady diet of interest rate increases is giving you or your business indigestion, I've got a suggestion for you-get used to it. The inflation winds in the U.S. economy are whipping up like they haven't in almost a decade, and it's up to our central bank to do something about it. We learned a few years ago that rapid advances in technology and globalization didn't make the national economy recession-proof, as some foolishly boasted. It looks...
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June conference to highlight historic local landscapes: Oldfields, Garfield Park, Riverdale among sites on tourRestricted Content

May 23, 2005
Tammy Lieberreporter
Marian College will act as host for Hidden Treasures of Indianapolis, a conference scheduled for June 9-11 at the northside college and sites around the city. The first-ever conference of its kind locally will offer lectures and tours of some of the city's historic landscapes, which were designed by some of the pre eminent landscape architects of the early 20th century. Tours available to attendees include a driving tour of George Kessler's Parks and Boulevard System, which is at 3,474...
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No slots, no hope for tracks: State horse racing industry predicts continuing losses without gambling expansionRestricted Content

May 23, 2005
Anthony Schoettle
After taking what they said was another damaging blow in this year's General Assembly, the state's two parimutuel horse racing tracks said they'll survive 2005, but they guarantee little else. Gov. Mitch Daniels and other key lawmakers killed a bill that would have allowed landbased slot machines in Indiana and generated new revenue for Hoosier Park, Indiana Downs and horse breeders. With those hopes sunk, the track owners are pessimistic and breeders are moving out of state, taking with them...
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SPORTS Bill Benner: IRL vision falls short for driver on outside looking inRestricted Content

May 23, 2005
This will be the 10th Indianapolis 500 since the split-or chasm, or Grand Canyon-wide divide-in American open-wheel racing, and there is no question that the Indy Racing League and CART/Champ Car continue to suck the exhaust fumes of NASCAR. They lag well behind the taxi-cab series in crowds, television ratings, media coverage and corporate support. Why the knuckleheads who rule both open-wheel circuits stubbornly continue to go their own way is way beyond me, but I suspect the reason can...
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Stutz's future includes condos: Developer envisions high-rise, nightclub as part of biz centerRestricted Content

May 9, 2005
Tammy Lieber
Stutz Business Center owner and visionary Turner Woodard last month rolled out a 10-year master plan for the Stutz that could bring condominiums, retail and a high-rise tower to the former auto-manufacturing plant at 10th Street and Capitol Avenue. Right now, Woodard concedes many of his plans are dreams. But with a blossoming life sciences corridor just to the west along the Central Canal, Woodard said he wants the 80-year-old Stutz to continue to be a hub of activity as...
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Convention payoffs won't be instant: New deals, development unlikely until construction beginsRestricted Content

May 9, 2005
Andrea Muirragui
The much-ballyhooed battle about funding for a new stadium and expanded convention center downtown appears to be over, but it will be some time before the victors get the spoils. Although state lawmakers authorized a series of tax increases to pay for the $900 million project, plenty of work remains to realize the promised payoffs-increased convention business, additional development and a shot at hosting the Super Bowl. "I don't expect to see any of that until construction starts," said Indianapolis...
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Airport goes batty on environmental mitigation: Cost of buying new land for bat habitat is triple estimates, on top of $21.6 million spent since early 1990sRestricted Content

May 9, 2005
Chris O\'malley
The cost of replacing Indiana bat habitat bulldozed to build an Interstate 70 entrance to the midfield airport terminal has tripled from original estimates. The Indianapolis Airport Authority has spent $1.3 million buying new roosting land for the endangered bat, up from a $475,000 estimate published in the Authority's justreleased annual report. That's on top of $21.6 million in other environmental mitigation projects at Indianapolis International Airport involving bats and wetlands since the early 1990s. That amount is roughly equivalent...
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ECONOMIC ANALYSIS: By changing our clocks, Hoosiers show progressRestricted Content

May 9, 2005
Patrick Barkey
The state of Indiana ended its isolation as a land of never-changing clocks when the Legislature gave its approval to a bill mandating the practice of daylight-saving time that has been the national standard for almost a quarter century. Next April, the question of what time it is in Indiana, from the point of view of the 98 percent of the domestic economy outside our borders, should finally be put to rest. That makes you either very happy or very...
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Twilight fund fades away: Meanwhile, six BioCrossroads-backed VCs are just getting startedRestricted Content

May 9, 2005
Peter Schnitzler
Its specialty is developing local life sciences startups. But its partners can't raise any more money. So the sun is setting on Twilight Venture Partners. Meanwhile, the six venture capital firms BioCrossroads staked with its $73 million Indiana Future Fund have just three local investments to show among them. Venture investments take time, the six IFF recipients argue. And their first duty is to earn the high rate of return the IFF's organizers demand. That means significant proof of concept...
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Ex-Meridian CEO takes top talent to new firm: AHM Graves, Carmen fold into ResourceRestricted Content

May 9, 2005
Tammy Lieber
The sudden departure of Samuel F. Smith II from locally based Meridian Real Estate is proving to have a ripple effect in the local brokerage community. Smith's new firm, Resource Commercial Real Estate, is up to six principals and 12 full-time brokers weeks after its official launch, and partners hint there may be more to come. Two small firms, Carmel-based AHM Graves Commercial Real Estate Services and Carmen Commercial Real Estate Services, have merged with Resource. The new company is...
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STATEHOUSE DISPATCH: Budget process smoother, but effect uncertainRestricted Content

May 2, 2005
Ed Feigenbaum
As legislative veterans well know, there is nothing like a deadline to force action. The April 29 date for final adjournment of the Indiana General Assembly's 2005 session did just that-helped along by new House rules requiring a proposed budget to be available to lawmakers at least 24 hours before a final vote. After some four months of sorting through philosophical issues, fiscal issues, political issues and sometimes even personal issues, lawmakers finally reached agreement on a biennial budget. At...
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New CEO's 'crash diet' tones up ailing bank: After cutting its expenses, Old National plans to grow in central Indiana marketsRestricted Content

May 2, 2005
Peter Schnitzler
Now it's time for Old National to block and tackle. "Bob Jones has set forth a plan that makes good, sound fundamental sense. Now it becomes about execution," said Joe Stieven, equity analyst with St. Louis-based Stifel Nicolaus & Co. Inc. "Execution in banking is actually no different than in football. Your line has to do a lot of the work, and a lot of that work appears mundane and boring." Formerly the CEO of Cleveland-based KeyCorp's McDonald Investments Inc.,...
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'Blue-eyed soul brother': Radio One's new GM out to prove race doesn't matterRestricted Content

May 2, 2005
Anthony Schoettle
"I think it had been so long since one of the doors had been opened, no one knew how to open it," Williams said with a laugh from his office on the north side of downtown. Since that initial learning curve was conquered, the doors haven't closed. "When Chuck opened those double doors, I was taken aback," said Amos Brown, director of strategic research and one of the most well-known personalities at Radio One. "I thought, 'Wow, something here is...
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Pacers gain traction with fans, sponsors: But Ron Artest's return presents a marketing challengeRestricted Content

April 25, 2005
Anthony Schoettle
Pacers average attendance jumped from 16,558 last year to 16,995 this season. While it appears to be a small difference, it's almost twice the percentage increase league-wide, and it pushed Pacers attendance higher than anytime since the 17,889 average in the second season in Conseco Fieldhouse. Capacity is 18,345. The Pacers enjoyed a slight attendance spike after Reggie Miller announced his retirement in February. But interest was already bubbling as the team was in the midst of an unlikely playoff...
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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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CHRIS KATTERJOHN Commentary: Be yourself-maximize your assetsRestricted Content

April 18, 2005
Be who you are. Conversely, don't try to be somebody you're not. Focus on what you do best, and you'll succeed. When we think of people who excel at anything ... Joshua Bell playing the violin, Reggie Miller shooting three-pointers, Dr. Lawrence Einhorn treating cancer ... we understand they have achieved their success by focusing on their God-given talents, developing them, and practicing, practicing, practicing. Communities are much the same, though the philosophy could be amended to read a more...
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