News & Analysis

INSIDE DISH: Cajun couple plays to strengths

October 8, 2010
Mason King
Zydecos_WatchVideoDeb and Carter Hutchinson, owners of Mooresville's unlikely Creole hotspot Zydeco's, have made a living through their gifts for shifting gears. Created on little more than a whim, the eatery thrives on its out-of-left-field approach.
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East-side distribution center with 80 workers set to close

October 8, 2010
Oshkosh, Wis.-based Hoffmaster Group said the plant at 2525 N. Shadeland Ave. will permanently close by Feb. 28. The facility distributes paper plates, napkins and party invitations.
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Local environmental contractor declares bankruptcy

October 8, 2010
Indianapolis-based ESI Environmental Inc. filed for Chapter 7 liquidation in U.S. Bankruptcy Court. The firm was the area's second-largest environmental contractor based on revenue, according to the most recent IBJ statistics.
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Jobless rate holds steady after wave of government layoffs

October 8, 2010
Associated Press
The nation's jobless rate has topped 9.5 percent for 14 straight months, the longest stretch since the 1930s.
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IHSAA launches Internet television network

October 8, 2010
The site, www.ihsaatv.org, will broadcast high school state championship games, as well as other high school sports-related content.
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Beckman Coulter plans $18.2M expansion, 100 new jobs

October 8, 2010
 IBJ Staff
California-based life sciences firm Beckman Coulter Inc. is planning its third local expansion since 2007, investing $18.2 million in its Indianapolis operation and adding as many as 95 jobs here in the next three years.
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Schrenker sentenced to 10 years for securities fraud

October 7, 2010
Associated Press
Hamilton Superior Court Judge Steven Nation sentenced Marcus Schrenker to 10 years in prison, ignoring Schrenker's claims that a lighter sentence would give him enough time to make things right.
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BMV commissioner resigns following arrest

October 7, 2010
 IBJ Staff and Associated Press
State Bureau of Motor Vehicles Commissioner Andrew J. Miller resigned Thursday, the day after he was arrested for allegedly exposing himself in a public restroom in downtown Indianapolis.
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Speedway adds car show to Indy 500 schedule

October 7, 2010
Associated Press
Speedway officials announced a classic car show would kick off the events for the 100th anniversary of the first race.
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Closing of Greenwood call center to affect 260 workers

October 7, 2010
The center, operated by Indianapolis-based TeleServices Direct, is set to close Dec. 4. The company attributed the closing to a loss of business.
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Indiana Landmarks selling downtown headquarters

October 7, 2010
Scott Olson
The building housing the not-for-profit's current headquarters on the Central Canal is listed for $3.1 million. The not-for-profit is moving into the former Central Avenue Methodist Church in the spring.
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Election could give GOP control of state policy decisions

October 7, 2010
Mary Dieter
With a Republican tide predicted to wash over the country in next month’s election, there is a very real chance that the Indiana House will be dominated by the GOP for the first time since 2005-06, putting virtually all policy-setting responsibilities in Indiana in one party’s hands.
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Coordinating Lilly 'Day of Service' a major undertaking

October 7, 2010
Scott Olson
Getting 8,500 volunteers to where they're supposed to be along Interstate 70 relies on a system of color-coded passes. By 6 p.m. Thursday, they'll have planted 1,600 trees and 72,000 shrubs and perennials (with photo gallery).
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Chamber: State universities need to be more efficient

October 7, 2010
J.K. Wall
A new study shows Indiana's public universities vary widely in how much money they spend to educate and graduate students, and that they have room for improvement relative to peer institutions.
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Grocery distributor to create 100 jobs in Bloomington

October 7, 2010
 IBJ Staff
State economic development officials on Wednesday announced food distributor Nash Finch Co.’s plans to open a Bloomington warehouse and hire 100 workers, formalizing a commitment the Minnesota-based firm made this summer.
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Indiana BMV chief arrested on indecency charge

October 6, 2010
Associated Press
Andrew J. Miller, 40, of Carmel, was arrested on a charge of public indecency about 1:30 p.m. at Claypool Court, a retail and hotel center near the Circle Centre mall, authorities said.
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Lucas Oil owners to buy former Hilbert estate

October 6, 2010
Lucas Oil Products Inc. owners Forrest and Charlotte Lucas confirmed they were buying the property for $3 million at a news conference Wednesday afternoon. It will be used for "business activities and community functions."
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Fourth Artsgarden skywalk gets approval

October 6, 2010
Scott Olson
Despite objections, the Metropolitan Development Commission agreed to provide $600,000 in city funds to help build an enclosed pedestrian walkway connecting the downtown PNC Center with the Indianapolis Artsgarden.
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Good News Ministries eyes using ex-motel to house homeless

October 6, 2010
Kathleen McLaughlin
Residents of Irvington are split over whether to support turning the former Indy East Motel into housing for homeless families.
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Regulators postpone Duke hearing amid scandal

October 6, 2010
Chris O'Malley
The Indiana Utility Regulatory Commission canceled a hearing set for Thursday on Duke Energy Corp.'s controversial Edwardsport power plant amid a conflict-of-interest scandal that cost the agency's chief his job.
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Old National acquiring Monroe Bancorp for $83.5M

October 6, 2010
Scott Olson
Monroe Bancorp subsidiary Monroe Bank is the largest bank headquartered in Bloomington. With nearly $850 million in assets, it has 15 branches in central and south central Indiana, including locations in Noblesville and Avon.
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Purdue scientist shares chemistry Nobel prize

October 6, 2010
Associated Press
Ei-ichi Negishi, 75, a chemistry professor at Purdue University, helped develop chemical methods widely used to make potential cancer drugs and other medicines, as well as slimmed-down computer screens.
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Ivy Tech trying to make transfer process smoother

October 6, 2010
Associated Press
Indianapolis-based Ivy Tech said it has assigned "transfer advocates" at each of the community college's 14 regions around the state.
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Consultants: Pharma industry facing huge changes

October 6, 2010
J.K. Wall
Heitzman_WatchVideoTo date, most analysts say health reform turned out pretty well for the pharmaceutical industry. But a detailed analysis by Deloitte Consulting says the indirect effects of reform will deliver a gut punch to the industry that will lead to full-scale transformation akin to what the telecommunications world has seen over the past three decades.
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Insurers cautious on accountable care

October 6, 2010
J.K. Wall
Health insurers, including locally based WellPoint Inc. and Advantage Health Solutions, have been looking to work with health care providers to form accountable-care organizations. But they also worry that the accountable-care concept will become nothing more than a negotiating tactic by hospitals and doctors.
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