Indianapolis Business Journal - August 21-27, 2017


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In This Issue

Front Page

Ford plant redevelopment may get even bigger

TWG’s plans for the near-east side could extend beyond the century-old Ford plant to include the adjacent building to the east that houses Ivy Tech Community College’s automotive program.

Local drag race fuels NHRA's surprising growth

The National Hot Rod Association is experiencing significant increases in every metric that matters—and doing so at a time many sports, especially motorsports, are struggling to hold onto fans.

Compton plots strategy for indie flick 'Columbus'

Prominent tech investor Bob Compton is one of the movie's six executive producers. He helped fund "Columbus" and recruited tech notables Don Brown and Scott Dorsey to invest in the project as well.

Top Stories

Proposed Carmel hotel raises questions about risk, private sector

Hotels in Carmel could soon have an unexpected competitor—the city itself.

IU Health chief wraps up statewide tour aimed at improving rapport with employees

In response to an employee survey two years ago that revealed shockingly low morale, IU Health executives respond with 33 town hall meetings over four months.

Tech firms see big tech opportunity in freight apps

A wave of companies, including some in Indianapolis, are launching freight-related apps in hopes of making money by helping to streamline a huge and fragmented industry.

Auto-industry stalwarts Cummins and Allison rev up for era of electrification

Industry players find themselves in a precarious spot. If they don’t embrace the electric-vehicle future, they look backward. But if they dive in with excessive exuberance, they risk wasting hundreds of millions of dollars.

Social media analytics firm Fizziology acquired by California company

Fizziology LLC, a fast-growing social media research firm that is planning major growth at its headquarters in Indianapolis, was acquired Monday by a Los Angeles-based company.

UPDATE: Art museum names campus, with big changes on drawing board

The Indianapolis Museum of Art on Tuesday unveiled a unifying name for its 152-acre campus. The branding points up IMA's increased emphasis on leveraging its grounds and developing outdoor experiences.


'Reverse transfer' could be potent tool to bolster Indiana's college-attainment rate

Reverse transfer allows students to combine credits they earned from both the community college where they started attending classes and the four-year college they transferred to—even if they hadn’t completed enough credits at either institution individually to earn a degree.

IU exceeds 2017 gift goals

The donations mark the fourth consecutive year giving has exceeded the goals IU set in its bicentennial funding campaign. It’s also the third consecutive year philanthropic support has exceeded $400 million.

A&E, etc.

DINING: Sahm's gives Nora spot a comfort-food makeover

Sister spot for Big Lug Canteen is an ale house that knows its pizza.

LOPRESTI: As season approaches, tidbits from the NFL media guide

If you start 1-0, history says your chances of making the playoffs are 52.3 percent.

LOU'S VIEWS: Summer movies sans superheroes

While critics and audiences have praised the world-saving superfolk, I opted instead for these flicks.


EDITORIAL: Approve mayor’s balanced budget

Mayor Joe Hogsett has proposed a city budget for 2018 that includes a tiny, projected surplus. It’s another step on a road to the fiscal stability Indianapolis needs to continue growing and thriving.

MORRIS: Fair is celebration of state agribusiness

And it was the perfect escape from the insanity playing out in the wider world.

LENZI: Good design built on integrating, connecting

In the IoT era, design must address the integration of objects, functions and processes at the systems level along with the creative ability to see connections previously unnoticed, and within a business’s economic and technological constraints. This can be taught.

COOPER: Time for tech to confront gender inequality

What women really need leaders in tech to do right now is take principled positions against discrimination. Come out and say that sexism, bro-cultures and pay inequality are not OK.

URBAN DESIGN: IHPC offers lessons for smart development

The work of the Indianapolis Historic Preservation Commission leads to higher property values and people-focused development.

SKARBECK: After scandal, LIBOR begins five-year phaseout

Small changes in the level of LIBOR had significant effects on the profitability of large banks’ loan portfolios. This sowed the seeds of the LIBOR scandal.

BOHANON & STYRING: Eliminate corporate tax in name of transparency

No corporation ever paid a dime in taxes. People, in some capacity, pay all taxes.

LETTER: WTTS is no radio rebel

am exactly the target listener they are trying to attract, but can no longer tolerate the saturation airplay of the same John Mellencamp, Fleetwood Mac, Tom Petty and Dave Matthews Band songs played year after year by WTTS.

LETTER: Congressmen didn’t offer health care solutions

Sen. Joe Donnelly and Rep. Trey Hollingsworth's essays are not solutions, or even suggestions about a direction health care reform might move.

In Brief

City prepared to kick in $4.6M toward Bottleworks project

The money will be used to move an electric transmission line that runs through the property, as well as to activate insurance policies that should cover environmental remediation costs.

City-County Council passes $13 minimum wage proposal

The proposal, which council members are calling a "living wage," would apply to about 365 full-time, non-union city and county employees.

Developer revives proposal for massive Fishers sports complex

The Fishers Sports Pavilion project was first introduced in April 2015, but construction never started. Now, a modified proposal with a $75 million price tag is heading to Fishers officials for consideration.

Ikea announces opening date for Fishers location

The Swedish retailer said it will allow customers to line up at the 289,000-square-foot store two days ahead of the grand opening.

United launches another flight from Indy to San Francisco

Mario Rodriguez, executive director of the Indianapolis Airport Authority, called the new daily flight “a big win, particularly for our business travelers.”


Records for August 21-27, 2017

Here are the records listings for Sept. 11-17, 2018.

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