On The Beat

Indiana universities offer cash incentives for technology transfer

August 7, 2010
 IBJ Staff
The Indiana Clinical and Translational Sciences Institute awarded $750,000 to 10 teams of researchers.
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Indiana life sciences companies capture more venture capital money in first half of 2010

July 31, 2010
 IBJ Staff
Venture dollars for Hoosier companies are still few, but the flow of deals is picking up.
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Marian University hires former Butler professor to head business school

July 31, 2010
 IBJ Staff
Russell Kershaw is the new dean of its Clark H. Byrum School of Business.
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Delta Faucet parent lowers forecast for housing starts

July 31, 2010
 IBJ Staff
The Carmel-based company backed off earlier predictions after a mid-year slow-down that could affect its sales.
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Hetrick to handle marketing for veterinary association

July 31, 2010
 IBJ Staff
The Indiana Veterinary Medical Association hired the local agency to develop a new branding and identity campaign.
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Hoosier Tire legal victory has broad implications

July 31, 2010
 IBJ Staff
The Lakeville-based company won a victory in the antitrust case brought by Pittsburgh-based Specialty Tires of America, which objected to exclusive contracts for the supplying of racing tires.
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Wishard Health Services rewards carpoolers

July 31, 2010
 IBJ Staff
Landing the best parking spot doesn't always require getting a big promotion.
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International Violin Competition of Indianapolis releases iPhone app for virtual front seat

July 24, 2010
 IBJ Staff
The app will feature news, past laureate recordings, videos and access to the 2010 schedule, IVCI officials said.
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Habitat for Humanity builds green house in Cottage Home historic neighborhood

July 24, 2010
 IBJ Staff
The house in the 1300 block of East Ninth Street is the first low-income home in the state to achieve platinum LEED certification.
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Ripple Inn, Sinking Ship among new restaurants planned

July 24, 2010
 IBJ Staff
Among the four eateries on the way, two are local ventures and two are chains.
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Indianapolis native Marie Johns named SBA deputy administrator

July 24, 2010
 IBJ Staff
The U.S. Senate recently confirmed her appointment to the No. 2 job.
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Wolf Technical Services wins Army Corps contract

July 24, 2010
 IBJ Staff
The company has been hired to refine technology that detects whether a vehicle might be carrying suspicious cargo, including explosives.
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Cummins gets upgrade from Moody's

July 17, 2010
 IBJ Staff
The company's rating rose one notch because it has taken steps to insulate itself from economic downturns.
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IndyFringe Festival show spotlights teen relationships

July 17, 2010
 IBJ Staff
The festival has added a play called “don’t u luv me?” that explores how signs of affection can morph into controlling abuse through text messages.
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Kansas City arts executive named general manager of new Carmel center

July 17, 2010
 IBJ Staff
Douglas Tatum, former executive director of the Arts Foundation of Kansas City, will start at the Center for the Performing Arts July 26.
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Illinois firm to build used oil plant in Speedway

July 17, 2010
 IBJ Staff
The $40 million project along West 10th Street could create 75 jobs by 2013.
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Indianapolis launches three Web business tools

July 17, 2010
 IBJ Staff
The sites offer insight into government contracts and other business activities of local government.
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Restaurants eye new locations from Carmel to Greenwood

July 17, 2010
 IBJ Staff
Cooper's Hawk Winery & Restaurant, which will take the old Bahama Breeze space on East 96th Street, is one of four that are planned.
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CSO Architects plans new headquarters in former Bally's gym

July 10, 2010
 IBJ Staff
The 24,000-square-foot former fitness facility at 8831 Keystone Crossing is vacant and falling into disrepair.
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Civic Theatre gears up for capital campaign

July 10, 2010
 IBJ Staff
Actress and former Indiana Repertory Theatre staff member Megan McKinney has been hired to prepare for the three-year fundraising initiative.
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New energy-efficiency grants available to Indiana commercial, industrial firms

July 10, 2010
 IBJ Staff
Conserving Hoosier Industrial Power, or CHIP, grants will range from $50,000 to $400,000.
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Miniature-car maker signs distribution deal with Target

July 10, 2010
 IBJ Staff
Locally based GreenLight Collectibles recently signed a deal to have the retailer sell its 1:64-scale replica cars.
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Van Rooy sweeps national maintenance 'Olympics'

July 10, 2010
 IBJ Staff
Three of the local firm's employees beat 3,000 contestants nationwide at a competition in New Orleans.
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New Conner Prairie exhibit could be set in 20th century

July 3, 2010
 IBJ Staff
Work is starting at the former site of Liberty Corner on a new exhibit that will be announced in late summer or early fall.
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Joe Andrew to chair international law firm

July 3, 2010
 IBJ Staff
The former chairman of the Democratic party in Indiana was named co-chairman of the firm resulting from the June 9 merger of Washington, D.C.-based Sonnenschein Nath & Rosenthal LLP and United Kingdom-based Denton Wilde Sapte LLP.
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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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