Indianapolis-based YourEncore has launched new services designed to help life sciences companies plan for and obtain regulatory approval for new products. To run its regulatory services, YourEncore hired Carol Crowley, a 25-year veteran of the drug and device industry. Prior to joining YourEncore, Crowley was vice president of global regulatory operations for France-based Aventis SA, […]
With steep declines in new-home construction and existing home sales, market conditions in the Indianapolis-based North American
residential business of Carrier Corp. “are clearly challenging,” according to George David, CEO of Carrier’s parent, United
Technologies.
Convenience store stalwart Village Pantry has launched a $15 million plan to renovate 146 stores and is eyeing acquisitions
that could double the chain’s size in three years. The moves come as Village Pantry separates from parent Marsh Supermarkets
Inc., a company that for years treated the convenience-store division as a redheaded stepchild.
In the last year, Hetrick Communications has hired 10 employees, added a major new client, and changed its focus. What was once primarily a public relations firm is now also an advertising agency targeting health care and life sciences. On the heels of the changes, Hetrick actually wants fewer clients. “We want fewer, bigger clients,” said Amy Ahlersmeyer, the firm’s president and chief operating officer. “We want our growth to come absolutely in the health care and life sciences sector.”…
I’ll admit it: Until recently, I thought “My Space” was simply where I stored “my stuff.” My bad, it turns out. Just ask that young staffer down the hall: The new place to see and be seen is MySpace, Facebook or one of the other online social communities. This summer, MySpace announced it had more than 70 million unique users in the United States-meaning nearly one in four Americans used the site, for a total of nearly 50 billion page…
In exchange for promises to keep its headquarters here, Marion County is considering providing an eight-year property tax abatement worth $17,659 for local parking ticket software-maker T2 Systems Inc. According to a Department of Metropolitan Development filing, T2 Systems is promising to add 115 jobs to its current work force of 43 as well invest […]
Indianapolis-based Finish Line Inc. has hired Moelis Advisers as a non-exclusive financial and capital markets adviser, the shoe and clothing retailer announced this morning. Moelis is a division of New York-based Mercanti Securities LLC, which is a unit of Los Angeles-headquartered Mercanti Group. In its statement, Finish Line didn’t discuss why it had hired Moelis. […]
A sign on the basement wall reads “Construction Zone.” Nearby on the router table, window frames are taking shape along with decorative pieces that will adorn the façade of a World War IIera brownstone. Behind a red plywood wall a few floors up, hammers knock and saws shrill as workers erect a 13,500-square-foot homage to three children who changed the world. It’s just another day at the office for the production crew at The Children’s Museum of Indianapolis. For months,…
Before they had fancy suits or fast cars, the four owners of Lauth Property Group were resourceful teen-agers, busy finding ways to make money. Chairman Bob Lauth, President Michael Curless and CEO Greg Gurnik each started neighborhood lawn-care businesses. The company’s treasurer and chief accounting officer, Larry Palmer, hawked programs at the Indianapolis Motor Speedway. At the time, their hard work and entrepreneurial instincts helped scrounge up date money. In the last few years, it’s helped them turn Indianapolis-based Lauth…
The son and grandson of hotel managers, Maarten van Wijk became general manager of the historic-but-ailing 2,000-member Columbia
Club in May. His first priority is to polish the venerable private club’s tarnished quality standards to a lustrous sheen.
Here’s one way to send your company’s revenue through the roof: Push your product into 70 countries around the world. That’s easier said than done, of course. But it’s exactly the path Polymer Technology Systems Inc. took to help quadruple sales of its cholesterol-checking device in the last three years. How Indianapolis-based PTS pulled off the feat shows how even small companies in Middle America can become global enterprises in today’s economy. In fact, the possibility of worldwide expansion is…
Baby boomers are fast approaching the official retirement age, with the first of them turning 60 last year-President Bush and Bill Clinton being the most prominent among them. And as the boomers turn gray, a new generation has begun to make its presence known in the corporate world. In the 1990s, it was Generation X. Today, it is the so-called Millennial Generation-people born between 1977 and 1995. Tech-savvy, happy and creative, Millennials are nearly 80 million strong, by some estimates….
In the late 1950s, when Daniel O’Malia was a kid working in the first store his father owned, he would often keep busy weighing and bagging potatoes. But on occasion, a customer would ask for something the small grocery didn’t stock. Joe O’Malia would hand his son some change and tell him to run to a nearby Kroger grocery to pick up the item. He had the competitor’s prices memorized and always gave his son the right amount. “He would…
Carmel-based consulting firm Ginovus LLC-which lost five professionals on May 11 to a new economic development practice started by the Indianapolis law firm Bingham McHale-has bounced back by hiring three people. Richard Rowley, legislative director under former Gov. Joe Kernan, joined as special counsel. Rowley will continue practicing law at Sommer Barnard, the Indianapolis law firm that hosts Ginovus. Jill Beckman was hired as director of operations. Beckman’s background is in accounting, most recently at Butler Uni versity. Denise Settlemyre…
Ginovus LLC, the Carmel consulting firm that lost five professionals on Friday to a new economic development practice started by the Indianapolis law firm Bingham McHale, has hired three people. Richard Rowley, legislative director under former Gov. Joe Kernan, joined yesterday as special counsel. Rowley will continue practicing law at Sommer Barnard, the Indianapolis law […]
Driving around the Holy Cross area just east of Lockerbie, the CEO of Wright Development LLC points out several properties her company has bought and refurbished-starting with 1209 and 1210 E. Vermont St.-as well as the many rehabs in the works. “Our goal is to re-create neighborhoods and make them viable, thriving, desirable places to live,” she said. “That’s usually left to the city, the not-for-profits and the [community development corporations]. We feel like there’s been a component missing.” The…
Every few years about this time, I offer free job-seeking advice for collegians. Judging from the resumes deluging my company, it’s time to hum this tune again. The first line of the first song in the musical comedy “How to Succeed in Business Without Really Trying” is “How to apply for a job.” That’s also the name of a course I’ve long proposed to colleges and universities. While more colleges are doing that, there’s a frequent flaw: waiting until the…
After decades of Affirmative Action, women occupy fewer than one-fourth of U.S. university presidents’ offices-this despite females making up 58 percent of undergraduates, according to the U.S. Education Department. Women made decent strides between 1986, when 10 percent of college presidents’ offices were occupied by women, and 2001, when 21 percent had women. However, between 2001 and 2006, the number barely changed. In the most recent survey by the Washington, D.C.-based American Council on Education, a public-policy advocacy group, preliminary…
With demand for welders outstripping supply, manufacturers, road and bridge builders, and other construction company owners
are all hurting. Despite a willingness to increase hourly wages and even offer signing bonuses, the search for welders is
getting more desperate.
Starting salaries for young lawyers at the city’s largest law firms could be on the cusp of hitting six figures. First-year associates at several top-tier Indianapolis practices currently earn $90,000 a year. But a wage war playing out among firms on both coasts, and in Chicago, might prompt those here to raise the ante as well. “It’s just a matter of who blinks first,” said Mike McConnell, a former legal consultant who chairs the state’s Education Employment Relations Board. “It…
