Indianapolis Business Journal - August 14-20, 2017
In This Issue
College sports programs, eager for cash, tap into beer
Fifty U.S. colleges now report selling alcoholic beverages at their sporting events—up from 21 in 2011. Purdue University is the latest to jump into the fray.
Fishers mayor a rising star in Republican party
Scott Fadness says he's OK losing an election if he's making what he believes are the right decisions for the Hamilton County city.
Medicare ruling casts cloud over miniature-hospital movement
Whether so-called micro-hospitals can succeed financially might depend on whether they can meet Medicare’s definition of a hospital: a medical facility that dedicates the bulk of its services to inpatient care.
Frugal Hogsett aims to slash city's deficit
Mayor Joe Hogsett is weighing investing in basics like funding police officers and road construction against the cold reality that Indianapolis has for years been spending more cash than it’s taking in.
Growing number of restaurants, bars serving board games as side dish
Standards such as Monopoly, Scrabble and Yahtzee can be found on shelves at Big Lug Brewery, Tin Roof, Thirsty Scholar and more. But some venues have gone even further—including Books & Brews and Kingmakers—are making tabletop games the centerpiece of an evening out.
Has Steak n Shake’s value pricing become detriment?
Sardar Biglari racked up 29 quarters of consecutive same-store sales gains before the current cold streak hit.
Downtown theater to go on hiatus as it evaluates fundraising, programming
Leaders at struggling Theatre on the Square say they need to step back and plan needed repairs, audience development, and marketing and programming strategies.
UPDATE: IBM to appeal order to pay Indiana $78 million
A judge recently ruled that IBM Corp. owes Indiana $78 million in damages stemming from the company's failed effort to automate much of the state's welfare services.
Tech activity driving downtown office demand
Vacancy continues to decline as Salesforce takes more space in the city's tallest building and other tech firms put down stakes. And with the greater demand, rents are escalating.
Amazon's impact, influence grows in central Indiana
Seattle-based Amazon employs more than 9,000 full-time workers at its five Indiana fulfillment centers, four of which are in central Indiana—with plans to add more positions.
Farm equipment maker calls off $12.5M Shelbyville project
Krone North America Inc. has canceled plans to move its headquarters from Tennessee to Shelby County, where it had been planning to hire 101 people.
English luggage firm to relocate U.S. headquarters to Greenwood
IT Luggage is investing nearly $1.8 million to purchase and renovate a 33,000-square-foot facility.
Fertilizer company moves forward with $2.8B project in Indiana
Midwest Fertilizer Co. will begin construction on its Posey County manufacturing facility next year. Construction is projected to support more than 2,500 jobs.
DINING: New tastes at the fair
Sure you can go with the fried and true. But every year there's something new at the Indiana State Fair.
LOPRESTI: Boilermakers basketball takes on world in Taipei
For the rest of August, Purdue is America’s Team, trading black and gold for red, white and blue.
EDITORIAL: Program for blind deserves saving
The Veterans Administration's policy change to discourage the use of not-for-profit agencies serving people who are visually impaired is misguided.
MAURER: Embrace a decade of firsts, not lasts
I am disheartened over the melancholy exhibited by my contemporaries during what should be cheery occasions.
MUSGRAVE: Giving good firms the boost to be better
I’ll concede that private equity might have a marketing problem. Somewhere along the way, it got a bad rap, which is a shame when you consider the impact private equity has had in Indiana.
THOMAS: Life in a divided city
How could people in the divided city of Aleppo, Syria, live such different lives? I couldn’t imagine it—until I considered ways our city is divided.
BOHANON & STYRING: Tariff logic is as mushy as canned tomatoes
Forcing steel-using firms to substitute high-cost U.S. steel for low-cost foreign imports makes those businesses less competitive.
KIM: Are passively managed funds too 'dumb' to vote?
Because passive funds do not choose stocks based on performance potential, Lund asserts they lack a financial incentive to ensure that each of the companies in their very large portfolios is well run.
LETTER: Stadium story underplays costs
LETTER: Ethanol mandates are damaging
It’s time to repeal or significantly reform this outdated, failed policy.
First Friday Art Tour organizer IDADA hanging it up
The Indianapolis Downtown Artists and Dealers Association—better known as IDADA—plans to cease operations by Dec. 31, about 15 years after the not-for-profit's founding.
Brooks confirms plan to open local distribution center with 130 workers
Browning/Duke Realty is expected to spend $15 million to build the 400,000-square-foot facility and Brooks Running Co. plans to spend nearly $11 million to equip it.
Trailer-maker Wabash National buying Goshen manufacturer for $364M
Lafayette-based Wabash said the purchase of Supreme Industries, a maker of truck bodies, advances its diversification strategy.
Donnelly: Our top priority must be to do no harm
I won’t support any effort that undermines the coverage of those Hoosiers—or of the families whose children have complex medical conditions and rely on HIP 2.0 and Medicaid to get the care they need.
Hollingsworth: Focus on central question: Who's in charge?
Under Obamacare, these decisions are increasingly being taken from you and your family and made by bureaucrats who don’t know you, don’t know your needs, and don’t have a stake in your future.
Parr: Now entrenched, government health care hard to purge
in cases of extreme expansion of federal power, the court of public opinion is arguably at least as important as the legal process.
Leppert: Public health and education are infrastructure, too
Just as a company is only as good as “the intelligence of its people,” the same rule applies to “the health of its people.” And these two rules apply to our nation.
Siddiqui: Eliminate public funding of political primaries
We should require each political party to develop, fund and implement its own mechanisms to select electoral candidates.
Schneider: How about less groupthink, more independence?
Courage is standing against a president of your own party when he is wrong.
Wolley: Going to war with a racially biased education system
Winning this war means my son will proudly remain black, beautiful and intelligent as he graduates from college and graduate school. He won’t be society’s statistic
Smith: Christianity in Indiana by the numbers
The church is about far, far more than worship on Sunday morning. It affects whom we elect, how we earn and spend money, and the ways we solve shared problems.
Daniels: Defending the right to bear arms—with limitations
I agree in concept with John Lott’s “more guns, less crime” theory, based on data indicating that violent crime decreases when states are required to issue gun permits to law-abiding citizens. But I don't see any need for the general public to own semi-automatic weapons.
Robertson: Bringing the service back to public service
In the days of Donald Trump, Anthony Scaramucci and endless talking heads—nay, screaming heads—on the left and right, it is easy to forget that running for office or working in government is supposed to be about public service. It is supposed to be an honor and the highest form of civic engagement.
Shella: There is still good journalism out there, but …
Journalism has changed, the ways we consume it have changed, and the way people view journalism and journalists has changed, too.
Hale: Sue Ellspermann and the women in prison
Sometimes, elected officials do the right thing for the right reasons when no one is looking. Seriously. I know what you’re thinking, but it’s true.
Shabazz: A few more facts about police-action shootings
With what we’ve seen in the news, you would think it was open season on unarmed black men by law enforcement. However, the data paints a different picture.
Ireland: Lesser-known candidates offer much in Senate race
Candidates who run on ideas—no matter the results—breathe life into their party and help move communities forward.
2017 CTO of the Year: Gene Berry
Gene Berry’s information technology leadership enabled OneAmerica to complete the largest acquisition in its 140-year history.
2017 CTO of the Year: Richard Cherry
With Richard Cherry as chief information officer, the home security firm Defenders experienced two years of record installations and is on track for a third.
2017 CTO of the Year: Brett Flora
Brett Flora led a team that handled integration and transition as Elwood Staffing doubled in size to more than $700 million in revenue.
2017 CTO of the Year: Eric Sendelbach
Eric Sendelbach has helped Mobi step up its growth by rolling out its mobile-device-management software globally.
2017 CTO of the Year: Jason Vasquez
Jason Vasquez has helped DeveloperTown grow from a small design and development shop working primarily with startups to a well-established agency working with Fortune 500 companies.
2017 CTO of the Year: Zach Gray
Zach Gray implemented cloud-based solutions that help MS Cos. provide an on-demand workforce to 600 industrial customers, including car manufacturers Honda and Hyundai.
2017 CTO of the Year: Sherry A. Aaholm
With the help of Sherry A. Aaholm's team, Cummins Inc. has rolled out advanced analytics and artificial intelligence to help customers' boost engine performance and improve maintenance.
2017 CTO of the Year: Mike Butler
Innovations by Mike Butler's IT team at First Merchants Bank have helped support the financial institution's growth.
2017 CTO of the Year: Jeff Dodson
Jeff Dodson is a leader that is helping to transform UnitedHealthOne into what he call "a highly adaptable, consumer-centric digital payer organization."
2017 CTO of the Year: Judd Williams
Judd Williams' team created the first NCAA mobile app and a from-scratch process to manage and prioritize IT requests.
2017 CTO of the Year: Chris Mertens
Chris Mertens is credited with transforming Hamilton County’s information technology department to better serve its nearly 300,000 residents.
2017 CTO of the Year: Mike Hineline
2017 CTO of the Year: Tom Schenk
Tom Schenk built an online Find a Camp tool to help parents identify a great summer camp for their kids and implemented Microsoft CRM to run most of the business.
2017 CTO of the Year: Matthew Belsaas
Matthew Belsaas was the first IT director at the John Boner Neighborhood Centers, which previously outsourced those services.
2017 CTO of the Year: Lucia Downton
Lucia Downton and her team converted an analog phone system to VOIP and switched ISP vendors, adding up to $50,000 a year in savings for the United Way of Central Indiana.