August 29, 2005
Anthony SchoettleWorkers at the once-beleaguered International Truck and Engine Corp. plant on the city's southeast side are thinking expansion
following a $300 million plant upgrade and word of an aggressive 2006 marketing campaign designed to clean up the public image
of diesel engines. Improvements to the 1.1-million-squarefoot Brookville Road facility were necessary to meet U.S. Environmental
Protection Agency mandates for diesel engines set to take effect in 2007, but the plant's future seems secure well beyond
that. The local subsidiary of...
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August 22, 2005
Tim AltomThe bane of the Information Age is information. At least when my father went to work in the factory he ably kept running for
many years, he knew the aisles would still be in the same places, the machinery still exhibiting the same behaviors, and that
the number of unknowns in his life would be manageable. I'm better situated in life than he was, but I pay for it with uncertainty.
The content of my job isn't machinery, but information,...
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August 22, 2005
Morton MarcusWhat do the following cities have in common? Auburn, C r aw f o r d s v i l l e , Greenfield, Griffith, Huntington, Logansport,
New Castle, Seymour and Shelbyville. Each has a smaller population than the number of people in Indiana prisons. The Indiana
Department of Correction reports we have more than 19,600 adults in our prisons at an annual cost in excess of $21,500 per
prisoner per year, for a total of $420 million. According to...
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August 15, 2005
Bruce HetrickI was in pain. I lost lots of blood. My blood sugar skyrocketed (I'm diabetic). In the wee hours that Friday morning, nurses
pumped me full of morphine, injected me with insulin and watched my vital signs while doctors pressed and squeezed, pushed
and prodded, and talked it all over in hushed tones. An hour before surgery, an anesthesiologist visited. He asked lots of
questions about allergies and dental work. Then he warned me of potential doom-perhaps even death on...
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August 15, 2005
Peter SchnitzlerFor a decade as Indiana Chamber of Commerce CEO, Christopher LaMothe pressed to enhance Indiana's business climate. Then he
spent several years leading Oxford Financial Group Ltd.'s team of advisers for wealthy clients. But the whole time, LaMothe
aspired to be a dealmaker. Now, he's done something about it. This summer, he founded the one-man Ascendanci Ventures LLC
and is on the hunt for prospects. "I'm doing what I have dreamed about for the last 10 or 15 years," LaMothe...
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August 15, 2005
Chris O\'malleyChris Maher's crews at Thermo-Scan Inc. have been plenty busy inspecting for drafts and puny insulation in many of the 14,000
new homes built each year in the metro area. Even so, the principal at the Carmel firm can't help wonder about the vast potential
to make the hundreds of thousands of existing homes and businesses more energy efficient-if only homeowners had a little more
incentive. Utility companies, he says, have relatively few dollars budgeted to coax customers to install...
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August 15, 2005
Tom MurphyEli Lilly and Co. has sold clinical-research software it created to a veteran Indianapolis entrepreneur who plans to market
it globally, potentially growing his startup company into one of the area's largest technology firms. Joe Huffine, best known
as co-founder of the technology consultancy Onex Inc., said his new firm, Maaguzi LLC, should benefit as the market for research
software grows explosively. Maaguzi's software allows researchers and patients to record data electronically instead of on
paper. The software is geared...
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August 15, 2005
-Chris O\'malleyIndiana already has a number of firms working on technology aimed at boosting energy efficiency and capacity. Early this month,
Indianapolis-based Trexco LLC said the U.S. Patent Office awarded it two dozen patents for a cooling system it has developed
for large electrical transformers, such as those used at utility substations. The "transformer extender" is designed to stretch
the capacity and lifespan of the transformers, which typically cost $2 million to $5 million and are the size of a Mack...
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August 8, 2005
Anthony SchoettleZak Brown retired as a race car driver years ago. But he's never moved faster than he does today as the founder and president
of Indianapolis-based Just Marketing. On the heels of this year's Brickyard 400, Brown expects to announce two more major
NASCAR sponsorship deals brokered by his company. Those deals-which he can't yet discuss-along with recent deals to bring
Johnnie Walker and Hilton Hotels to Formula One, will bring his sponsorship portfolio to near $150 million annually. Though...
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August 8, 2005
How do you define career success? We posed that question to a variety of high-profile women and men in the Indianapolis business
community. While the responses did confirm some of our preconceived notions-such as that men would mention financial rewards
more often than women-there are far more similarities than differences, regardless of gender or profession. Still, "Career
success is defined differently by each individual," as Alex Slabosky, president and CEO of The Healthcare Group, so wisely
put it; and as...
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August 8, 2005
Peter SchnitzlerLast year, it was the contract that helped turn the gubernatorial election. Now, it's a nice piece of business for Carmel-based
Haverstick Government Solutions. When Indiana awarded a multimilliondollar project to an India-based information-technology
developer, Gov. Joe Kernan, a Democrat, endured intense criticism. By November, Kernan had canceled the agreement with Bombay-based
Tata Consultancy Services Ltd. He also introduced "Opportunity Indiana," an initiative for government-procurement reform.
But the political damage had already been done. Republican Mitch Daniels triumphed at the...
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August 8, 2005
Tom MurphyThe Indiana Health Information Exchange starts a busy fall next month with plans to add two more hospital systems to a cutting-edge
electronic network designed to improve patient care in central Indiana. The expansion is helping keep Indiana ahead of other
states exploring this new branch of medical technology, experts say. The state also is home to the Indianapolis Network for
Patient Care, a system that started in the mid-1990s as a way for hospital emergency rooms to share patient...
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August 8, 2005
Tim AltomEver since I was a kid, I resented other people's getting by w i t h s o m e t h i n g I didn't think I could get away with.
The element of danger only adds to my Midwestern frustration at having to hold my tongue. Gas station customers smoking while
fueling. Drivers cutting me off in traffic and not even noticing, thanks to the cell phones I can clearly see held to their
ears. Fellow passengers...
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August 8, 2005
Peter SchnitzlerIndiana Department of Workforce Development Commissioner Ronald Stiver says the world is flat, with the United States no longer
having mountainous advantages over other nations. And Stiver knows Hoosiers must prepare for it to get even flatter. "You're
talking to the converted," Stiver said. "I believe in the 21st century, the major lever for economic development will be work-force
development." Stiver, 31, is reorganizing DWD with the new flat world in mind. He envisions an agency that moves beyond doling...
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August 1, 2005
Peter SchnitzlerIts profit may be modest. But after years of struggle, Interactive Intelligence Inc. knows the value of small gains. They
sure beat massive losses. Last week, the Indianapolis-based software company reported a second-quarter profit of $290,000
on sales of $15.6 million. That compares with a profit of $304,000 on sales of $13.6 million posted during the same quarter
last year. It was the company's sixth consecutive profitable quarter, for a total of $1.4 million. That's a big turnaround
for the...
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August 1, 2005
Peter SchnitzlerEighteen months ago, 110 people worked for Swiss Plywood Co., a Tell City-based cabinet-maker in business since 1945. The
average tenure was 17 years. Today, only 65 employees are left at the controls of Swiss Plywood's machines. Chairman Bill
Borders blames China. "We've weathered storms over the years," Borders said. "But nothing approaching this." Manufacturers
in Indiana and across the nation have long complained about what they call Chinese currency manipulation. It's one of a litany
of grumbles about Chinese...
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August 1, 2005
Scott OlsonA hotel built during an era in which Indianapolis first laid claim to its title of Amateur Sports Capital of the World has
a new owner that is spending millions of dollars to bring the structure into the new century. University Place Conference
Center & Hotel, on the campus of IUPUI, opened amid the fanfare of the Pan American Games hosted by Indianapolis in 1987.
Nearly 4,500 athletes from 38 countries converged on downtown, including a throng of media that...
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July 25, 2005
Scott OlsonFederal tax credits supporting roughly $6 million in economic development projects are still available for small-business
owners considering expanding or locating in Center Township. The funds are administered through the New Markets Tax Credit
Program, which was established by Congress in 2000 to help revitalize blighted areas. In Indiana, the locally based Urban
Enterprise Association Inc. helped secure tax credits that can fund $50 million worth of projects, including $12.5 million
in Marion County. The tax credits already are supporting...
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July 25, 2005
Scott OlsonWells Fargo & Co. took a couple of quiet but important steps earlier this year as part of a plan to build a major presence
in the Indianapolis banking and financial services market. The San Franciscobased corporation in March opened a local Commercial
Banking Division headed by longtime banking executive Lex Curry and a capital management office headed by well-known stock
manager Tom Pence. The moves, by the nation's fifth-largest bank in terms of assets, are part of a corporate...
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July 25, 2005
Peter SchnitzlerIn Shelbyville, home of the state's third certified technology park, economic development officials are excited. They just
broke ground on a promising new park business: A Santa Fe Steakhouse. Since 2003, the state has approved $1.2 million for
Shelbyville to help develop its technology park-one of 17 now scattered across Indiana, each meant to modernize the state
through the attraction and development of high-tech companies. In total, the state has approved $9 million in grants since
the certified technology park...
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July 25, 2005
The Chinese have taken a keen interest in U.S. corporations of late. Just this year, a Chinese firm acquired the personal
computer business of IBM Corp., and a consortium led by a large Chinese conglomerate investigated-but dropped-the idea of
buying appliance maker Maytag. Though they involved long-standing and cherished American brands, neither deal raised too much
reaction from American business executives or politicians in Washington. By contrast, when China's CNOOC Ltd. offered in June
to acquire California-based Unocal, all hell...
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July 25, 2005
Tim AltomThere are some big steps in life that merit serious thought. One is marriage. Another is buying a house. Yet a third is whether
to set up a wireless network at home or in a small office. Of the three, the first two may be the less stressful. A friend
of mine recently tried to set up a small WiFi (wireless) network at home, and gave it up in frustration after days of technologically
induced anguish. He's been married for...
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July 25, 2005
Scott OlsonJerry M. Woodall, the new director of Purdue University's ambitious entrepreneurship center, enjoyed an illustrious career
spanning three decades at International Business Machines Corp. But for the 66-year-old New Englander, a job at New York-based
IBM emerged only after another public corporation, The Gillette Co. in Boston, rescinded its offer. It did so, oddly enough,
after learning he had only one eye. A cataract led doctors to remove his left eye after birth. "I distinctly remember them
telling me I'd...
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July 18, 2005
-Scott OlsonScientists are working to make fuel cells a viable energy source for the 21st century. But, in fact, the technology dates
back more than 150 years. Research began in the mid-1800s, but with the onset of the Industrial Revolution, fuel cells were
abandoned in favor of more powerful alternatives, said Jack Brouwer, associate director of the National Fuel Cell Research
Center in Irvine, Calif. "They didn't think fuel cells could contribute," he said. The technology sat dormant until the beginning...
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July 18, 2005
Chris O\'malleyA combination of soaring gasoline prices, state grants and environmental idealism have whet appetites among businesses for
"alternative fuel vehicles" such as this batterypowered Global Electric Motorcars model. A $3,996 grant from the Lieutenant
Governor's Office paid for about one-third the cost of the Pizza Express vehicle, manufactured by a DaimlerChrysler subsidiary.
"Industries such as ours should be pioneers in the electric vehicle frontier," said Gabe Connell, franchisee of the Pizza
Express restaurants near IUPUI and in Broad Ripple. As...
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.