January 9, 2006
Ed FeigenbaumWhile most Hoosiers are focused on just how legislators are going to be able to cut residential property taxes again this
year, the real battle to watch will be the one over what Republican Gov. Mitch Daniels refers to as the jobs program of a
generation or more-his "Major Moves" roads initiative. What he wants boils down to this: finding a funding source for road
building and repair that will not rely upon taxes. He made it clear shortly after...
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January 2, 2006
Roland DorsonCincinnati USA. Charlotte USA. Indianapolis - Marion County - Indiana. Who is throwing the right welcome mat out to the world?
In the first two examples, those regions have said to the entire planet: "We are open for business. Come talented people-bring
your companies and organizations to our area; bring your families to our schools; live, work and play in our thriving community."
Our region," they say, "located at this juncture of latitude and longitude in the USA, wants you...
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January 2, 2006
Scott OlsonThe wheels are beginning to turn on a multi-county transit plan, now that the Central Indiana Regional Transportation Authority
is mostly in place. The authority, charged with coordinating and, ultimately, administering a regional transit system, was
formed at the end of 2004, about the time IBJ asked readers to rank the most pressing issues facing the city. The results
of the survey, published last January, revealed public transportation and congestion issues as the largest concern, followed
by the need for...
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January 2, 2006
Ed FeigenbaumWe've all become lulled into assuming that the so-called "short" session of the Indiana General Assembly in the even-numbered
years is the political equivalent of the practice of medicine: First, do no harm. In election years, lawmakers are reluctant
to do much beyond that which they must do to protect public health, safety and treasury. The short session originated as a
vehicle for handling emergencies arising between the odd-numbered-year budget sessions, and many legislators-particularly
those seeking re-election-didn't see much cause...
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January 2, 2006
Bart PetersonThis past year was one of the most active and successful in our city's history. We pushed through legislation to fund an expansion
of the Indiana Convention Center and build a new multi-purpose stadium, both of which will be tremendous boons to our region's
economy, pumping in more than $2.25 billion in investment and creating more than 4,200 permanent jobs over the next 10 years.
In addition, through the leadership of the governor and legislature, a one-of-a-kind regional funding solution...
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December 26, 2005
Cameron CarterCan a state whose identity as the "Crossroads of America" in the 20th century maintain that distinction in the 21st century?
Can Indiana, with numerous railroads and highways passing through it, find a competitive advantage in a world that increasingly
bypasses rails and roads in favor of the virtual marketplace? Absolutely-if it is willing once again to serve as a central
hub for the thoroughfares so important to the virtual marketplace and purposefully sets out to build them. Not so...
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December 19, 2005
Peter SchnitzlerThree and a half years ago, Plainfield-based cell phone distributor Brightpoint Inc. was on the ropes. Shares were worth less
than a dollar. The company had lost $53 million in 2001, and was on pace to lose another $42 million in 2002. Bankruptcy appeared
imminent. But Brightpoint prevailed over the long odds against it. Today, company shares trade for about $30 each. Adjusted
for stock splits, they've soared 125 percent in 2005, and nearly 8,000 percent since bottoming out in...
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December 12, 2005
Irving Materials Inc. in November deposited $2 million into an escrow account to provide funding toward any eventual settlement
it may make with the state of Indiana over price-fixing of ready-mixed concrete on state, local government and school projects.
In June, Greenfield-based IMI pleaded guilty in U.S. District Court to fixing prices on ready-mixed concrete in central Indiana
between July 2000 and May 2004. IMI also has agreed that the four principals who pleaded guilty, Fred R. "Pete" Irving, Price...
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November 28, 2005
"To improve Sacramento, learn from Indianapolis" was the headline of a column in the Nov. 18 Sacramento Business Journal.
It's always nice to get a compliment and some good PR. Turns out a delegation of nearly a hundred Sacramentonians-or is it
Sacramentites?-were here in October on a three-day study mission to learn how to become a great city. It was the seventh year
in a row for them to make a learning visit to another community. Tom Stallard, head of...
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November 28, 2005
Patrick BarkeyWhat can we say about the business climate in Indiana that other states aren't already saying about themselves? We think we
have a great quality of life, good access to transportation, and a hardworking labor force. So do they. We have a variety
of tax incentives, training grants and infrastructure improvements that we tout aggressively to those who would build or expand
here. So do they. In fact, one of the most remarkable trends over the last few decades has...
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November 21, 2005
Chris O\'malleyMarion County's sea of urban sprawl laps up to the town's western border; subdivisions and cornfields snooze peacefully to
the east, in Hancock County. "It's basically like a tale of two towns in one town," said Cumberland's planning and development
administrator, Cory Wilson. But Wilson and other community leaders are on the cusp of launching a plan to unify the town of
6,000 under a common, historic development theme for U.S. 40. The new guidelines will apply to a corridor...
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November 21, 2005
Chris O\'malleyAs counterintuitive as it sounds, "experiential history" is one of seven key careers, besides usual suspects like logistics
and bioinformatics, that are the focus of the University of Indianapolis' Institute for Emerging Careers. No, drug testing
of college faculty isn't among the emerging careers. The institute was formed last year with a $750,000 Lilly Endowment grant.
It aims to stem the so-called "brain drain" of Indiana's college graduates to other states in search of work-in part by pointing
them in...
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November 14, 2005
Peter SchnitzlerIt's half-past eight on a Monday morning and Martin Jischke is at his desk, poring over notes. This is how Purdue University's
president spends his days and most of his nights-preparing to be prepared. At any time, Jischke could be interacting with
students, alumni, faculty, legislators or business leaders. He wants to be ready for their questions with clear, articulate
answers, no matter the subject. His responses seem off-thecuff, but make no mistake: Jischke has studied and considered his
position...
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November 7, 2005
Matthew KishSalsa outsells ketchup. Tortillas fly off the shelves almost as fast as white bread. And if you're looking for these new staples
of the American diet, Indianapolis is increasingly a good place to find them. Sixteen years ago, there were three Latino grocery
stores in Indianapolis, according to Manuel Gonzalez, president of the Indiana State Hispanic Chamber of Commerce. Today,
there are more than 40. And that's just the places that specialize in products like milpero tomatoes and serrano chilies....
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November 7, 2005
Don AltemeyerThe Ghawar oil field is the jewel of the Saudi treasure chest. Sometimes called "The King" because of its oil production,
this field has yielded more than 55 billion barrels of oil since the early 1950s-more than half of all Saudi oil exports.
Today, it still produces about 5 million barrels of oil each day, or about 6 percent of the world's daily supply of petroleum.
But all's not well at Ghawar. In August, The New York Times Magazine featured...
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October 31, 2005
Chris O\'malleyIt's not sexy, but it's where the jobs are. Ivy Tech Community College will offer an associate's degree in logistics management,
the latest effort in Indiana aimed at cultivating a work force for the transportation-distribution-logistics sector, known
as TDL. Meanwhile, the University of Indianapolis is preparing a concentration in supply chain management that will have key
applications in logistics careers. Experts say the educational push is sorely needed, yet it's still a challenge to get young
people interested in the...
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October 31, 2005
Anthony SchoettleFour miles and decades of history separate the Anderson exits along Interstate 69 northeast of Indianapolis. Empty General
Motors Corp. plants-as much a thing of the past as single-class basketball-cast ominous shadows at Exit 26, once Anderson's
front door. To the west, closer to Indianapolis, is Exit 22 and the trappings of the future: millions of dollars in new infrastructure,
a new business park, and the state's largest business incubator-tools Anderson officials think they need to turn this rust-belt
poster...
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October 24, 2005
Chris O\'malleyProLiance Energy LLC, already facing a $38.9 million judgment under a federal racketeering law, now is battling its insurer
in court to collect more than $2 million in legal fees for its defense. New Jersey-based Executive Risk Specialty Insurance
Co. not only refuses to pay the claim but also wants ProLiance to return $1.3 million in defense expenses paid before the
February verdict on behalf of Huntsville Utilities in U.S. District Court for the Northern District of Alabama. The jury...
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October 24, 2005
Tracy DonhardtreporterDriving a road sweeper when he was 18 years old, Ryan Kruse never saw the train that slammed into his vehicle and turned him
into a quadriplegic. College and other plans for the future seemed out of reach for Kruse, who was paralyzed from his chest
down that day 13 years ago. But recently, Kruse, who is working on a second bachelor's degree at IUPUI, traveled to Georgia
to celebrate his grandmother's 80th birthday. He drove. With only limited use...
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October 24, 2005
Chris O\'malleyIn a dark corner of the Kenny Brown Performance garage is the 2005 Mustang Ford Motor Co. should have built. Supercharger.
Disc brakes as big as the tires of some cars. All hung on a chassis that's Prince Charles stiff. And shrouding its meaty tires
are a protruding rear fender and a filled-in quarter window raked all the way back to the taillights, akin to the 1967 Mustang
fastback. "It's kind of like the marriage of heritage and technology," said...
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October 17, 2005
Anthony SchoettleDid NFL Commissioner Paul Tagliabue do a snow job on Indiana legislators? Tagliabue dangled visions of Indianapolis' hosting
a Super Bowl when he made the case for a $625 million stadium before Indiana lawmakers earlier this year. Now construction
is under way, and local officials are watching 2006 host city Detroit to see if it can warm skeptics to the idea of playing
the Super Bowl in a cold-weather city. But some observers of the big game doubt Indianapolis has...
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October 10, 2005
Morton MarcusSometimes, the obvious is ignored. It is obvious that, geographically, Indiana holds a central position in North America.
But when we think about economic development, we take this obvious point for granted. As business grows and incomes rise across
the world, the demand for transportation increases. The question for Indiana becomes, "How much does this increase in demand
translate into jobs and income for our citizens?" Most people understand that Indiana does not gain anything by having airplanes
cross our...
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October 10, 2005
David FunkeWinding down his remarkable tenure as chairman of the Federal Reserve, Alan Greenspan seems to have chosen "real estate bubble"
as one of the themes of his swan song. And with housing prices in some cities soaring, the rest of us as mere mortals can
reasonably wonder how long it will be before the bubble bursts and what will be the fallout if and when that happens. Many
private equity investors with holdings in commercial real estate are beginning to...
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October 10, 2005
Anthony SchoettleIndiana Mills & Manufacturing Inc. is creating a new division, launching a new product, and cutting a new path straight to
retail consumers. It's a big departure from the 45-year-old company's historical path to profitability. Westfield-based IMMI
has long made its money supplying a lengthy list of manufacturers and distributors in the transportation and heavy-equipment
sectors with its innovative seat belts, rollover systems for heavy trucks, and restraint systems for school buses and on-
and off-road commercial vehicles. But company...
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October 3, 2005
Morton MarcusRecently, I have been part of a study for the Indiana Child Care Fund. It has been a learning experience. The first thing
I learned is that virtually nothing is known about child care. We do not really know how many child care facilities exist
in Indiana. Data from the U.S. Bureau of the Census suggest there are more than 16,000. However, fewer than 5,800 are licensed
or recognized by the state. In addition, there are informal child care arrangements...
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Irvington is up and coming much like Fountain Square. We would love to have something like this in our neighborhood!
Why do we care who has submitted proposals if we can't review the proposals? It's publicly owned land, but the public has zero say in what gets chosen to be built there. Yep, that sounds about right.
Perhaps May 21 is "Evangelical Day" over at the IBJ?
I don't know what's more depressing: that this passes for a defensible elective in a publicly funded SCIENCE class, or that more than half of the posters here are defending this charlatan. Intelligent design is creationism. Creationism is religion. Yes, we have freedom of religion, which deserves to be protected. Now someone kindly show Professor Hedin his freedom by escorting him over to the Religion department at BSU. Carry on.
I hope people realize that the 'vocal' opposition at the meeting represent the minority of people against this project. As with any controversial project - those who don't want it are the loudest, while those who like it or really don't care one way or the other don't come to such meetings. Unfortunately the same may be true of the survey now being offered by the BRVA. I live less than a 5 minute walk from BR Avenue and can tell you that I and most of my neighbors are support this exciting project, or are ambivalent. And how great that it includes quality apartments - something that BR sorely lacks. This is a first class opportunity that we should embrace (and no, I'm not with the BRVA or the developer.) As for the fellow who owns the Good Earth store, if he doesn't want competition then let him pull together his own investors and out bid Whole Foods to operate the proposed grocery component! Come on folks - let's move ahead.