Indianapolis Business Journal

AUGUST 1-7, 2011

This week, check out the final installment of our "Testing Reform" series on overhauling education and find out why successful businessman Bill Mays is retiring from the company he founded. In Focus, read about why more local life sciences firms are launching their products in Europe. And meet the power players in the construction, design and engineering industry in the latest Who's Who.

Front PageBack to Top

Precedent joins ranks of battered developers

The Precedent Cos.—the local developer of The Precedent Office Park, Mount Comfort Commercial Park and several upscale residential communities in Hamilton and Johnson counties—is winding down operations in an out-of-court restructuring.

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IMS officials to revamp Brickyard 400

Indianapolis Motor Speedway CEO Jeff Belskus has an ambitious plan to “rebrand and reposition” the 18-year-old Brickyard 400 in a bid to fuel big attendance increases beginning next year.

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Indy Met’s messy year offers education-reform lessons

Indianapolis Metropolitan High School overhauled its academic program halfway through the school year, and students responded with significantly better performance on state tests. The lesson learned: Flexibility can produce academically superior outcomes.

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Top StoriesBack to Top

Bill Mays to retire from Mays Chemical

The most successful black businessman in Indiana plans to retire from the company that bears his name at year-end as part of a transition that ultimately will put his daughter at the helm.

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Youth agencies adapting on the fly to new school calendar

The Indianapolis Public Schools board voted in November to adopt a calendar that shortens summer vacation and introduces longer fall and spring breaks. The idea is to give kids less time to forget what they’ve learned and provide more opportunities to catch up.

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FocusBack to Top

Indiana life sciences leaders look toward the future

Former Eli Lilly and Co. vice president Richard Dimarchi, BioCrossroads President David Johnson, angel investor Oscar Moralez and Purdue University Senior Vice President Alan Rebar discuss issues ranging from the depth of the life sciences industry in Indiana to venture capital and Purdue’s Discovery Park.

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More life sciences firms opt to launch products in Europe

The U.S. Food and Drug Administration’s growing reputation for unpredictability is spurring some Indianapolis companies to join counterparts elsewhere and introduce products in Europe. The upshot is that some Americans may never benefit from innovations occurring in their backyards.

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OpinionBack to Top

MORRIS: Super Bowl inspires collaboration

In anticipation of what I’m sure will be an awesome event, I thought this would be a good time to talk about some unique collaboration that is taking place in the city leading up to the big game.

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Maurer column brought smile

I wanted to reach [out] about Mickey Maurer’s [July 25] column. It was very well done and put a smile or two on my face (and made me chuckle out loud).

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Athletes can win at charity game

I appreciated Kathleen McLaughlin’s [July 25] article on professional athletes’ involvement in philanthropic work, often creating their own charities.

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United Way clarification

The [July 13] news item explaining United Way’s community investments for the fiscal year indicates United Way will “contribute” $2.65 million from its budget to cover unpaid pledges calls for clarification.

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In BriefBack to Top

Prospects bright for Borders replacements

Brokers expect strong demand from other retailers, in part because the failed bookstore chain carefully chose its real estate, opting for locations near concentrations of affluent and educated consumers.

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WTTV Channel 4 nabs national award

WTTV-TV Channel 4 and Tribune Creative Group were recently recognized with a Silver Award at the 2011 Promax/BDA Promotion, Marketing and Design North America Awards Show.

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