June 12, 2006
Julie YoungCommunication-and simplicity-can be a challenge when it comes to tech talk. "It's like the old adage, if you ask a tech guy
what time it is, he'll tell you how to build a watch," said Joel Russell, president of Indianapolis-based software developer
eImagine Technology Group. But Russell works around potential "lingo" problems when he's meeting with customers. No matter
the industry, he looks for ways to automate inefficient processes using computer software. His goal is to save his clients
time...
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June 12, 2006
Anthony SchoettleFor its first 15 years after opening in 1982, the Michael A. Carroll Track & Field Stadium on the IUPUI campus hosted a major
national or international trackand-field event almost annually. For the last decade, it's been primarily relegated to charity
events and local grade-school championships. But with the first high-profile competition at the track since 1997 scheduled
for this month, the venue is poised for rebirth. From June 21-25, it will host the U.S. National Championships-an event organizers
hope...
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June 12, 2006
Scott OlsonThe Indiana Oxygen Co. building is highly visible to motorists traveling Interstate 465 on the northwest side, but the company's
forte isn't as widely known. Founded in 1915, Indiana Oxygen is the oldest gas and welding supplier in the United States.
But to the surprise of many, the medical relationship the name implies hardly exists. Despite the confusion, the company's
flame burns bright, as annual revenue this year will top $30 million. Part of Indiana Oxygen's recent growth stems from...
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June 12, 2006
Peter SchnitzlerBy restricting the new $105 million Indiana Investment Fund I to deals within state lines, Gov. Mitch Daniels hopes to simultaneously
spur economic development and earn a spectacular return for Indiana's retired public employees. But venture-capital experts
warn it's nearly impossible to have it both ways. "You need to be very, very clear what your objectives are when you invest
[pension] money. Is it for economic development or to help the pensioners earn better pensions?" said John Taylor, vice president...
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June 5, 2006
Anthony SchoettleBob Massie came to Indianapolis in 1985 to preach the Word of God. Twenty-one years later, he's spreading the messages of
Indiana businesses, not from a pulpit, but through direct-mail advertising. Massie is shepherding a fastgrowing flock of clients.
His company's revenue has grown from $1.86 million in 2003 to a projected $30 million this year. The growth of Massie's firm,
Marketing Informatics, reflects the growth of the industry. Directmail advertising is growing more than 15 percent annually,
according to...
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June 5, 2006
Chris O\'malleyNo habla inglesImmigrants who want to advance find many programs to help them learn English Osvaldo Escobedo was hungry to
learn English. It was bad enough when he couldn't advance at the Nissan Motor Co. plant in Aguascalientes, in central Mexico,
because he couldn't converse in the business language of English. Later, when he came to the United States, he couldn't eat
much more than what he could pronounce. "When I go to restaurant, I ask [for] 'coffee and doughnuts....
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June 5, 2006
Chris O\'malleyOrganizers of the Indiana Hazardous Materials & Environmental Safety Conference are hoping Hurricane Katrina's demonstration
of mass destruction will be a wake-up call for businesses and communities ill prepared for disaster. Corporate participation
in the 18-year-old conference has waned a bit in recent years as hazardous and safety planning became more standardized. Some
companies have become too detached after outsourcing their emergency preparation to consultants, said Stephen Nash, chairman
of the Indiana Forum for Environmental Safety, which sponsors the June...
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June 5, 2006
Peter SchnitzlerIt would have been big. Just last month, a team of officials from the Indiana Economic Development Corp. and The Indy Partnership,
its local equivalent, were furiously negotiating with South Carolinabased fire-engine maker American LaFrance. Intrigued by
a mix of economic incentives and Indiana's central location, American LaFrance considered moving its operations to Marion
County. In formal negotiations, the company dangled promises of 653 jobs and a capital investment of $18.5 million. State
records don't reveal what incentives Indiana offered...
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May 29, 2006
Bob PalmerIndiana is poised to become the country's logistics center. Recently, there has been a lot of discussion on that topic. Now
is the time for business, government and education to come together and make it happen. SupplyNet 2006-the recent statewide
conference that brought together not only transportation, distribution and logistics industries, but also representatives
from manufacturing, retail, information technology, government and academia-detailed the broader picture of supplychain management.
As a cutting-edge business strategy, supply-chain management integrates internal and external logistics...
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May 29, 2006
Patrick BarkeyThere's nothing wrong with self-interest in politics. We elect representatives to look out for our interests, after all. So
when legislation and policies affect things that matter to us-especially if it's a matter of financial interest-many of us
squawk, scream or otherwise throw a fit. And we hope to get noticed. But in policy debates in Indiana in recent years, we've
been getting lazy. It's easy enough to defend your interests, of course, but it's much harder to convince those...
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May 22, 2006
Jane Jacobs, the noted urbanist, fought a battle in the late 1960s that prevented a freeway from wiping out the neighborhoods
of lower Manhattan. Tom Battista, a local entrepreneur, is fighting-and some would say winning-the battle that becomes necessary
when a freeway does wipe out a neighborhood. When Jacobs died last month she was famous for two things: her book, "The Death
and Life of Great American Cities," written in 1961, which eloquently stated the need for diversity, density and...
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May 22, 2006
Morton MarcusThere I was at the grocery store engaged in economic research. I found a plasticwrapped pack of 24 half-liter bottles of "spring
water" from a famous soft drink company was $4.99, or $1.57 per gallon. The store brand for "spring water," packaged in the
same fashion, was $3.88, or $1.22 per gallon. A 24-pack of regular or diet 12-ounce soft drinks from the same famous company
was selling for $6.49, or $2.97 per gallon. That's just about the price of...
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May 22, 2006
Peter SchnitzlerTechPoint's Mira Awards, which were to be handed out May 19, celebrate excellence in Hoosier innovation. The annual awards
banquet also serves as a pretty good bellwether of who's poised for a big payday. For example, TechPoint honored Indianapolis-based
medical device-maker Suros Surgical Systems Inc. with a Mira award three years before Massachusettsbased Hologic Inc. acquired
Suros for $240 million in April. In 2003, TechPoint also recognized Carmel-based banking software-maker Baker-Hill. California-based
Experian bought Baker-Hill last August for an undisclosed...
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May 22, 2006
Patrick Barkey"Like it or not," noted author Richard Florida opined as he looked out over a crowd that recently gathered in Indianapolis
to discuss economic development issues in central Indiana, "you are all part of the greater Chicago region." That might come
as news to you who pay taxes, follow sports, or subscribe to a newspaper. But the point is well made. In the larger scheme
of things-the so-called Shanghai perspective one would take in looking at our economy from the...
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May 15, 2006
Patrick BarkeyMore than 50 years ago, the famous economist Joseph Schumpeter told a simple story that perfectly captured the essence of
market capitalism. It's a turn-of-the-century tale of a railroad being built in a part of the country where none had existed.
The new investment rapidly upsets the order of everything-once ideally situated towns are left high and dry, while others
move up in stature as they exploit newfound advantages. It's messy and it's painful, but the result is for the...
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May 15, 2006
Peter SchnitzlerIf imitation is the sincerest form of flattery, BioCrossroads has been vindicated. Gov. Mitch Daniels hopes to see a series
of similar industry initiatives sprout around key clusters in Indiana's economy. He envisions parallel initiatives for manufacturing,
transportation and logistics and a series of other crucial business sectors. "We'd love some company," said BioCrossroads
CEO David Johnson. As outlined in Daniels' "Accelerating Growth" economic development plan released last month, the initiatives
would be based on proven Indiana strengths and identifiable...
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May 15, 2006
For years, Indiana politicians-at least the smart ones-have talked about the importance of economic growth and development,
and behind the scenes business leaders have replied, "Duh. How about coming up with some kind of plan?" This was always a
hot button for Dave Goodrich, retired real estate executive and former head of Central Indiana Corporate Partnership. In his
days at CICP, Goodrich would bend the ear of anyone willing to listen about the need for a plan. Well, how does...
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May 8, 2006
Chris O\'malleyState transportation engineers, having just tweaked traffic-light timing to improve flow on U.S. 31 in Carmel, next plan to
target three other busy corridors in the metro area. They include U.S. 31 on the south side, between Interstate 465 and County
Road 750N, and the increasingly congested stretch of State Road 37 between State Road 238 and Cumberland Road in Noblesville.
The improvements to be conducted over the next several months can't come fast enough for motorists weary of the...
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May 8, 2006
We landed in the Marble City, nearly blinded by the light and the white and the reflection of it all. I think of Athens as
the Marble City because of its many ruins, but also because of all the other marble buildings and the slippery marble sidewalks
and, in our apartment, the marble walls and floors and marble countertops that make so much noise when you set your cup down.
We felt compelled to bring some marble home with us....
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May 1, 2006
Chris O\'malleyTwo school districts have received pivotal funding for "early college high schools" to prepare secondary students for the
rigors of college and give them the opportunity to earn college credits before setting foot on campus. The initiative also
could be a plus for area employers to the extent it improves the pool of qualified workers locally. Indianapolis Public Schools'
Crispus Attucks Medical Magnet/Early College High School and the Metropolitan School District of Wayne Township's Early College
High School each received...
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May 1, 2006
Peter SchnitzlerUntil late April, fund raising for the annual musical event was on track. But then a pair of major sponsors revealed they
would no longer underwrite the festival. Now its future may be in doubt. "We really need to have the festival fully funded
to sustain its business model," said Indy Jazz Fest Producer Helen Small, who also is president of the Indianapolis-based
American Pianists Association. "In no way is it guaranteed that the festival will be here forever for...
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April 24, 2006
Anthony SchoettleIngersoll Rand Security Technologies has been named NASCAR's first official provider of security products, a deal that could
mean substantial growth for the company's Carmel headquarters and an Indianapolis manufacturing plant, which together already
employ 900. IRST is a division of Bermuda-based behemoth Ingersoll-Rand Co., which is better known for agricultural, construction
and transportation equipment sold under names such as Bobcat and Thermo King. The link with the racing circuit is expected
to drive home the point that Ingersoll-Rand is...
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April 24, 2006
Chris O\'malleyAfter growing its enrollment 75 percent the last decade, Ivy Tech Community College of Indiana is shifting its focus to student
retention. A top administrator also wants to expand the number of training courses offered at businesses, as a way to supplement
the system's $253 million annual budget. Some who've studied the state's educational system have recommended that Ivy Tech
spend more to hire additional full-time faculty to strengthen its effectiveness. The school's five-year student retention
plan calls for doubling...
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April 24, 2006
On April 14, as part of its Power Breakfast Series, the Indianapolis Business Journal gathered a panel of commercial real
estate and construction experts to discuss industry conditions in the local market. In a discussion moderated by IBJ Editor
Tom Harton, panelists took on a wide range of issues, including tax incentives and the status of downtown's residential and
retail markets. Power Breakfast guests were Mike Curless, executive vice president and principal with Lauth Property Group;
Mike Wells, president of...
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April 17, 2006
Chris O\'malleyThe federally funded Central Indiana Commuter Services has finally won over a dozen workers to share a van to and from work-somewhat
of a feat in a region where a vanpool might as well be a bathing option for a conversion van. Besides a vanpool program that
runs between Cloverdale and Indianapolis, CICS recently signed on a handful of Fishers residents to share a seven-passenger
van between the Hamilton County town and downtown Indianapolis. Lately, CICS has been trying to...
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.