Indianapolis Business Journal

MAY 10-16, 2010

This week, find out more about Cunningham Restaurant Group, the Avon-based dining empire that is poised to open its 10th restaurant in a high-profile location downtown. In Focus, see how the Wishard Memorial Hospital project is breathing new life into the local construction industry. And check out what Christel DeHaan is selling to raise money for her not-for-profit education organization. Been anxiously awaiting Patachou spinoff Napolese? See what Lou Harry thinks about the pizzeria.

Front PageBack to Top

Lilly hopes Elanco unit becomes a cash cow

Elanco Animal Health chief Jeff Simmons predicts that consumers will opt for food made cheaper by using
Elanco’s productivity-enhancing drugs over pricier organic and locally grown products. But, as a hedge,
he has Elanco developing products to help organic farmers, too.

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Veolia concessions worry regulators

Testimony filed in Indianapolis Water Co.’s rate case shows the city in 2007 agreed to take on millions of dollars in costs
from the private firm it hired to operate the utility, including $48 million in retiree medical plan obligations.

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Top StoriesBack to Top

Knauf Insulation sues NatCity over $8M investment loss

One of Shelby County’s largest employers is suing NatCity Investments Inc. to try to recover nearly $8 million in losses on
auction-rate securities. Knauf Insulation filed suit in Shelby Superior Court in March, saying NatCity should repay the money
in accordance with a settlement the bank reached with federal regulators in March 2009.

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Stone Creek owner adding to his dining empire

Mike Cunningham has run dining spots ranging from a bar and grill to yogurt stands and is now growing a popular chain of upscale
restaurants—primarily under the Stone Creek Dining Co. name—in Indiana and Ohio.

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Coffee sales give Christel House a boost

Indianapolis-based Christel House is brokering sales of in-room coffee to resorts around the country, taking a 10-percent
royalty to do so. The coffee is roasted by Indianapolis-based Copper Moon Coffee Co. and packaged in red and green bags decorated
with drawings by students at Christel House’s schools.

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FocusBack to Top

OpinionBack to Top

EDITORIAL: Celebrate victory over apathy by voting

Isn’t it great to live in a country where citizens have a say in who serves in every public position from president
to school board? Wouldn’t it be even better if citizens actually took that privilege seriously and went to the polls?

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HARTON: The IBJ’s 30-year story, retold

The tale shows how a germ of an
idea can turn into something special and how people in business can reach across generations—even when they think their
biggest contributions are behind them—to pull others along.

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ALTOM: Are you disaster-ready, dust-induced or not?

You know you should back up your data for redundancy. But you can’t back up an entire airline industry. That’s
a lesson we learned recently when a volcano with the cat-crossing-the-keyboard name of “Eyjafjallajökull”
exhaled tons of volcanic dust into the clear skies over Europe and brought aviation worldwide almost to a literal grinding
halt.

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HAUKE: Oil prices were headed up even before massive spill

That oil spill in the Gulf of Mexico is a nasty event that truly deserves all of our attention.
I want to see the hole capped quickly so the environment doesn’t get beat up any more than it already has, but I have
a feeling the economic and political ramifications will be felt for years to come.

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JA’s Miller acted appropriately

As the former CEO of Junior Achievement of Central Indiana, as well as the former president of the Experiential Learning and Entrepreneurship Foundation, Jeffrey M. Miller is concerned with the potential implications of the latest article regarding JA and ELEF titled “Fate of fund a JA mystery” published in the May 3 IBJ.

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Thanks for touting arts subscriptions

I think there’s a large portion
of Indianapolis that misses out on the importance of subscription packages and don’t quite understand exactly why they’re
needed to bring bigger and better shows.

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In BriefBack to Top

New federal funds come with big goals

Indiana has now received nearly $50 million in federal bucks to digitize health care around the state. But the latest grant—$16
million to the Indiana Health Information Exchange—comes with specific, ambitious goals for health care providers.

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