News & Analysis

BioCrossroads rolls out orthopedic initiative

September 10, 2009
J.K. Wall
With job growth surging in Warsaw's orthopedic cluster, the life sciences development group BioCrossroads Inc. set out to...
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Simon Foundation gives $1M to library literacy initiative

September 9, 2009
 IBJ Staff
The Indianapolis-Marion County Public Library Foundation today announced that it has received a $1 million gift from the Herbert Simon Family Foundation to expand its early childhood literacy initiative.
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Indiana expects jobless fund troubles until 2015

September 9, 2009
Associated Press
Indiana officials say it will take longer to resolve the state's bankrupt unemployment insurance fund's funding troubles than projected when a law designed to start fixing the system was enacted in April.
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Deals from China trip unlikely to come right away, official says

September 9, 2009
Scott Olson
Don't expect the contingent traveling with Gov. Mitch Daniels on his 10-day trade mission to China and Japan to return to Indiana with a major commitment from an Asian company.
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Local truck dealer strikes deal for big daddy of hybrids

September 9, 2009
Chris O'Malley
Indianapolis truck dealer Utility-Peterbilt leased its first hybrid medium-duty truck this summer after enduring months of tire-kicking but no action from fleet buyers and plenty of interest from television-news types.
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HHGregg promotes three executives

September 9, 2009
 IBJ Staff
Indianapolis-based electronics retailer HHGregg Inc. announced the promotions of three executives this morning, including the appointment of a new chief financial officer.
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Lilly paid doctors to prescribe Zyprexa, notes say

September 8, 2009
 IBJ Staff
Eli Lilly and Co. paid doctors in South Carolina for participating in a speakers' program in exchange for prescribing the antipsychotic Zyprexa, according to notes by Lilly sales representatives reviewed by Bloomberg News.
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Report: Ice Miller, Louisville firm end merger talks

September 8, 2009
Scott Olson
Merger talks that began last year between local legal heavyweight Ice Miller LLP and a Louisville-based law firm reportedly have broken down, putting an end to a deal that was expected to close by the end of the year.
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ExactTarget enters European market through acquisition

September 8, 2009
Indianapolis-based ExactTarget announced this morning that it has launched a new international division in London following its acquisition of Keymail Marketing.
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Planned Parenthood closing 5 Indiana clinics

September 7, 2009
Associated Press
Planned Parenthood will close five health clinics across central Indiana after losing some of its federal grant money to provide family planning services to low-income women.
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Sweetener company Heartland looks for openings in crowded fieldRestricted Content

September 5, 2009
Kathleen McLaughlin
Heartland Sweeteners LLC is now a top maker of private-label alternatives to Splenda. The company also markets its own products directly to consumers.
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Soft sales plague furniture retailers

September 5, 2009
Cory Schouten
Furniture is one of the easiest big-ticket purchases for consumers to defer when money is tight. Couple that with a housing bust that left demand for new couches on the curb, and tight credit markets that continue to prevent retailers from financing customers without perfect credit, and you’ve got the worst market for furniture since the Great Depression.
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Region's expertise in hybrid cars goes beyond high-profile players

September 5, 2009
Chris O'Malley
Bright Automotive and EnerDel are well known for their development of components for hybrid cars, but the region has several other players poised to be big players in the sector. In fact, few realize that North America’s largest producer of electric motors for hybrid vehicles is based northeast of Indianapolis, in Pendleton.
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Corporate sculptures lauded as landmarks, investments

September 5, 2009
Gabrielle Poshadlo
In hard times like these, why would corporations spend on sculptures? Because sculptures create one-of-a-kind landmarks, and the art has potential to grow in value.
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Ex-workers sue Navistar, charge plant closing violated contractRestricted Content

September 5, 2009
Peter Schnitzler
Forty-three former employees of Navistar Inc.’s shuttered diesel engine plant have sued the company, claiming it breached their collective bargaining agreement by moving plant work in recent years to non-union facilities.
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Indiana Fiscal Policy Institute seeks comebackRestricted Content

September 5, 2009
Peter Schnitzler
The Indiana Fiscal Policy Institute’s board has hired Indianapolis Star business columnist John Ketzenberger to engineer a resuscitation.
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Building information modeling replacing computer-aided designRestricted Content

September 5, 2009
Scott Olson
Architects, engineers, contractors and others in the design-build industry hope building information modeling will cut waste. The technology allows more detailed viewing of projects before they move to construction.
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Art-gallery operators opening new spaces on Mass AveRestricted Content

September 5, 2009
Kathleen McLaughlin
The launch of two new gallery ventures come on the heels of the closing of one of the city’s most well-established fine contemporary art spaces, Ruschman Gallery.
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Developer Lauth's bankrupt units win round in courtRestricted Content

September 5, 2009
Cory Schouten
Lauth Group Inc. in recent weeks has won critical courtroom victories that likely will allow company principals to retain control of three subsidiaries in Chapter 11 bankruptcy.
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Sidewalk inspections help downtown get spiffed up for big eventsRestricted Content

September 5, 2009
Marc D. Allan
They used to say that downtown Indianapolis rolled up the sidewalks at 6 p.m. No one says that anymore. Now they say those sidewalks need to be clean. Sidewalk cleanliness is important on a day-to-day basis for aesthetic reasons, but even more so when Indianapolis wants to put on its best face for major events like the Final Four, the Indianapolis 500 and the Super Bowl.
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National Math Bee coming to Indianapolis in 2010

September 4, 2009
Scott Olson
The mathematical version of the Scripps National Spelling Bee is coming to Indianapolis in 2010, according to the director of the organization that hosts the event.
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Auto supplier set to accelerate with seat-control software

September 4, 2009
Chris O'Malley
A company founded by a Westfield chiropractor is in talks to license to automakers software that’s designed to produce a less-fatiguing ride. Comfort Motion Technologies also wants to make aftermarket versions of the software as add-on modules that could be used in most any car with a power seat.
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Republic's purchase of Frontier could mean more local jobs

September 4, 2009
 IBJ Staff
Republic Airways Holdings Inc. is considering shifting as many as 250 jobs to its home base of Indianapolis as a result of its pending acquisition of Frontier Airlines Holdings Inc. in Denver, according to a news report.
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National jobless rate hits 26-year high

September 4, 2009
Associated Press
The unemployment rate jumped almost a half-point, to 9.7 percent, in August, the highest since 1983, reflecting a poor job market that will make it hard for the economy to begin a sustained recovery.
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Auto parts supplier coming to Plainfield, plans to create 30 jobs

September 4, 2009
 IBJ Staff
Chicago-based LKQ Corp., a supplier of replacement and aftermarket automotive parts, will establish a distribution center in Plainfield with plans to create up to 30 jobs by 2011, the company announced this morning.
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  1. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

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