DECEMBER 7-13, 2009
This week, find out the latest in the Tim Durham saga—a look at how he choses board members for his business enterprises. Also, read about Ford Motor Co.'s plans for its east-side steering plant and see how the Indianapolis Indians fared this year. In A&E, etc., Lou Harry reviews a Bloomington institution that has opened a location in downtown Indianapolis. Yes, Kilroy's is here.
Front PageBack to Top
Florida-based Sun Capital has completed the turnaround of Marsh Supermarkets and now is seeking a buyer
for the home-grown chain. CEO Frank Lazaran told IBJ Sun will sell Marsh “when the market is right, financing
is right, and
someone is willing to pay a fair multiple.”
House and Senate versions of health care reform could halt the trend toward physician-owned hospitals.Read More
Visions for the empty historic building
range from offices to a museum. Two developers propose a boutique hotel on an adjacent parking
lot. Video bonus: Tour the landmark’s interior.
Top StoriesBack to Top
Carl Brizzi’s short stint as a Fair Finance director reflects a larger pattern in Tim Durham’s business dealings.Read More
Indianapolis was up against Dallas, Las Vegas, Orlando, Atlanta and New Orleans to host baseball’s Winter
will draw more than 200 media members from the nation’s top 30 markets.
The amount raised since October is in addition to the $69.9 million it received in May from three venture
firms on the coasts, in what was the third-largest venture deal in the nation during the second quarter,
according to the National Venture Capital Association.
Entrepreneur earmarks 10 percent of profits for charity, honors well-run not-for-profits.Read More
A Ford Motor Co. subsidiary will start cutting its local work force next year, but won’t close its east-side plant
for good until late 2011.
Team profits declined from $1.23 million in 2008 to $459,603 this year. Despite
that, the team’s board voted unanimously to pay a dividend.
The state’s utility consumer agency is opposing Duke Energy’s request to have customers pay $121 million to
study where to inject underground the carbon dioxide to be produced by its Edwardsport plant.
FocusBack to Top
The recession decimated Indiana’s auto-parts makers, but many other manufacturers in the state survived. After a year
adrift in the recession, they see signs of land ahead.
Cold storage might become a hot business for a building contractor.Read More
OpinionBack to Top
This week’s issue features stories about two local businessmen. Both are native Hoosiers in their late 40s who showed
entrepreneurial instincts at a young age. But the similarities end there.
en years ago, Dodson Group CEO Jim Dodson came to IBJ with an idea to launch a program that would recognize
best practices in the not-for-profit community and reward organizations that practiced them. And not just with
a pat on the back—with hard cash.
It’s vitally important to have innovative, competitive and successful
school options available to attract and retain middle-class families in the neighborhoods.
A college administrator believes technology shifts the educational focus from the wits and wisdom of the instructor to the
bullet points in the presentations.
My grandson, Nathaniel, recently had his first birthday. Soon thereafter, I took him to a doughnut shop to teach
him the facts of life. If he is to become an adult Hoosier, there are things he must learn.
At some point, and it could be at any time, there will be an adjustment for these negative divergences.Read More
A long series of leaked or hacked e-mails strongly indicate that several prominent climate scientists have hidden data, conspired
to hide unfavorable findings, and doctored scientific evidence.
It was with great interest that I read Morton Marcus’ [Nov. 30] column encouraging us to spend responsibly this holiday
season, and to “give a check to your local adult literacy program.” It was with added delight when I read Theresa
Rhodes’ column on the same page suggesting that readers consider volunteering by “helping an adult learn to read.
In BriefBack to Top
The Innovate Indiana Fund will invest $5 million over the next five years to commercialize IU technologies and another
$5 million to help IU-affiliated startups get off the ground.
If Congress passes health care reform, more people will become like Juli Erhart-Graves, whose family spends nearly 18 percent
of its income on health insurance and out-of-pocket medical costs.
The team moved just a few suites down from its Park 100 facility, but officials said it’s a big move
for the Indianapolis-based Indy Racing League operation.
The inaugural show opened Dec. 2 at the Indiana Convention Center, and is expected to draw more than
The not-for-profit will use the money to fund existing programs, such as the U.S. State Department’s International Visitor
Leadership Program, and begin new ones.
One of the first things new airport CEO John Clark said he wanted to do was to squeeze more use—and revenue—out
of the new airport terminal’s Civic Plaza space.