Proxy Corner

PROXY CORNER: Simon Property Group Inc.

May 29, 2010
 IBJ Staff
Simon Property Group Inc. is a real estate investment trust that owns, operates, manages, leases and develops regional malls and community shopping centers.
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PROXY CORNER: First Merchants Corp.

May 15, 2010
 IBJ Staff
First Merchants Corp. is a bank holding company that operates offices in Indiana and Ohio. For the year ended Dec. 31, 2009, the company reported a net loss of $45.7 million, or $2.17 per diluted share, on $281.6 million in revenue.
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PROXY CORNER: Brightpoint Inc.

May 1, 2010
 IBJ Staff
Brightpoint Inc. provides worldwide distribution and integrated logistics services to the wireless communications industry.
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PROXY CORNER: Duke Realty Corp.

April 17, 2010
 IBJ Staff
Duke Realty Corp. is a real estate investment trust that develops, manages and owns industrial, office and retail properties.
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Proxy Corner: ITT Educational Services Inc.

April 3, 2010
 IBJ Staff
ITT Educational Services Inc., 13000 N. Meridian St., Carmel, 46032, www.ittesi.com, provides technology-oriented, post-secondary education, including associate’s, bachelor’s and master’s degrees as well as non-degree programs.
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PROXY CORNER: Eli Lilly and Co.

March 20, 2010
 IBJ Staff
Eli Lilly and Co. discovers, develops, manufactures and sells pharmaceutical products for humans and animals.
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PROXY CORNER: Hurco Cos. Inc.

March 6, 2010
 IBJ Staff
Hurco Cos. Inc. designs and produces interactive computer controls, software and computerized machine systems for the worldwide metal-cutting and metal-forming industry.
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PROXY CORNER: Hill-Rom Holdings Inc.

February 20, 2010
 IBJ Staff
Hill-Rom Holdings Inc. produces hospital beds, mattresses, stretchers, furniture and hospital information-technology systems.
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PROXY CORNER: Hillenbrand Inc.

February 6, 2010
 IBJ Staff
Hillenbrand Inc. manufactures and supplies burial caskets, cremation products and related services to licensed funeral homes.
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PROXY CORNER: Celadon Group Inc.

January 23, 2010
 IBJ Staff
Celadon Group Inc. is a trucking company that provides service between Canada, the United States and Mexico.
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PROXY CORNER: Zimmer Holdings Inc.

January 9, 2010
 IBJ Staff
Zimmer Holdings Inc. develops, manufactures and markets orthopedic and dental reconstructive implants, spinal implants, trauma products and other related surgical products.
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PROXY CORNER: Duke Realty Corp.

December 26, 2009
Duke Realty Corp. is a real estate investment trust that develops, manages and owns industrial, office and retail properties across the Midwest and Southeast.
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PROXY CORNER: Calumet Specialty Products Partners

December 12, 2009
 IBJ Staff
Calumet Specialty Products Partners LP processes crude oil into lubricating oils, solvents and waxes, as well as into gasoline, diesel and jet fuel.
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PROXY CORNER: Brightpoint Inc.

November 28, 2009
 IBJ Staff
Brightpoint Inc. provides worldwide distribution and integrated logistics services to the wireless communications industry.
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PROXY CORNER: Noble Roman's Inc.

November 14, 2009
 IBJ Staff
Noble Roman’s Inc. sells and services franchises for non-traditional and co-branded food service operations under the trade name Noble Roman’s Pizza.
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PROXY CORNER: Conseco Inc.

October 31, 2009
 IBJ Staff
Conseco Inc. provides Medicare supplement, cancer, heart/stroke and accident insurance policies as well as annuities and life insurance products through a nationwide network of distributors. 
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PROXY CORNER: WellPoint Inc.

October 17, 2009
 IBJ Staff
WellPoint Inc. is one of the nation's largest health insurance companies and also provides dental, vision, disability and life insurance.
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PROXY CORNER: Arcadia Resources Inc.

October 3, 2009
 IBJ Staff
Arcadia Resources Inc. markets and sells surgical supplies, orthotic and prosthetic products, and durable medical equipment, such as wheelchairs and hospital beds and provides oxygen and other respiratory therapy services and equipment.
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PROXY CORNER: CFS Bancorp Inc.

September 19, 2009
 IBJ Staff
CFS Bancorp Inc., 707 Ridge Road., Munster, 46321 (www.cfsbancorp.com) is the bank holding company for Citizens Financial Bank, which conducts business from full service branches located in Lake, Porter and LaPorte counties in Indiana and Cook, DuPage and Will counties in Illinois.
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PROXY CORNER: Monroe Bancorp

September 5, 2009
 IBJ Staff
Monroe Bancorp, 210 E. Kirkwood Ave., Bloomington, 47408 (www.monroecountybank.com) is the holding company for Monroe Bank, which provides consumer and commercial banking services and related financial services in Monroe, Hendricks, Lawrence and Jackson counties.
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PROXY CORNER: Franklin Electric Co. Inc.

August 10, 2009
 IBJ Staff
Bluffton-based Franklin Electric Co. Inc. designs, manufactures and distributes electric motors, electronic motor controls and related equipment. For the quarter ended July 4, the company reported net income of $5.8 million, or 25 cents per diluted share, on $165.3 million in revenue. That compares with net income of $15.3 million, or 66 cents per diluted share, on $201.7 million in revenue for the the same period a year ago.
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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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