MARCUS: Kokomo works to advance economy
What do you do when you have little discretionary money and enormous challenges? You might follow the example being set by
Mayor Greg Goodnight in Kokomo.
What do you do when you have little discretionary money and enormous challenges? You might follow the example being set by
Mayor Greg Goodnight in Kokomo.
Our state needs to learn how to effectively engage with the emerging economies of the 21st century in order to be successful.
Actress and former Indiana Repertory Theatre staff member Megan McKinney has been hired to prepare for the three-year fundraising
initiative.
David Hartley pulled $85,000 from his savings six years ago to buy Home Health Depot Inc. Nearly six years later, Hartley
has reinvented the Indianapolis-based home medical equipment supplier, growing from a single office in Greenwood to 12 locations
in Indiana and Illinois—and increasing annual revenue from $300,000 to more than $6.7 million.
Eli Lilly and Co. is launching a diagnostics division to produce tests that can winnow out the patients most likely to benefit
from a Lilly drug.
A plan to build a 28-acre sports complex on the southeast side is sparking hopes that a polluted parcel across the street
that formerly housed a Citizens coke plant can be revived as a retail and industrial center.
A combination of taxes targeting downtown visitors and users of the city’s professional sports complexes are expected to generate
the bulk of the subsidy.
Dr. Tom Inui, the outgoing CEO of Indianapolis-based Regenstrief Institute, talks about the ascendency of
health information exchange as a solution to health care challenges and what he'll do next for the medical research organization.
Medical device maker Biomet Inc. plans an expansion of its northern Indiana facilities that could add about
280 jobs, according to the Associated Press. Company officials have discussed the plan with Kosciusko County officials as
they've sought tax breaks on the $26 million project. Biomet attorney Richard Helm says the expansion in Warsaw would
retain about 80 jobs and lead to some manufacturing being moved there from New Jersey. The project would also expand Biomet’s
Warsaw distribution center.
Eli Lilly and Co. will cut 170 jobs—mostly in Indianapolis—from its manufacturing and quality
division by the end of the year as it continues its efforts to slim down before losing revenue from patent expirations on
its bestselling drugs. The Indianapolis-based drugmaker’s latest move will cut nearly 5 percent of its 3,600-person
manufacturing work force in the United States. Lilly will ask for voluntary departures, but it also will eliminate the jobs
of others involuntarily. Some jobs have already been eliminated through attrition. Lilly has announced nearly 2,000 job cuts
toward its goal of 5,500 cuts, which the company set in September. The company is also trying to eliminate $1 billion in annual
expenses by the end of 2011. At that time, it hopes to have a worldwide staff of about 35,000. It currently employs 12,400
in Indiana.
Hundreds of patients will be shifted from Indiana's state psychiatric hospitals into community-based care under a plan
that officials say will eliminate more than 500 jobs, according to the Associated Press. The biggest changes and the layoffs
will come at the Logansport and Richmond state hospitals, while units at the Evansville and Madison hospitals will be converted
to care for those with serious mental illnesses. The moves by the Indiana Family and Social Services Adminstration are expected
to reduce the number of patients at the six state hospitals by about 30 percent and save $15 million a year. The Logansport
State Hospital will have 355 of its 900 workers laid off and 80 vacant positions eliminated. The Richmond
State Hospital will lose 106 of its 600 workers.
A medical device company is seeking a property-tax abatement to offset costs associated with a $1.1 million expansion of
its facility at 3735 N. Arlington Ave. in Indianapolis. New York-based Greatbatch Medical Inc. expects to
create eight jobs at an average wage of $12.75 an hour and retain 146 jobs at an average wage of $14 an hour, according to
the abatement request. Greatbatch specializes in cardiovascular products but is expanding into the orthopedics market, which
is prompting the expansion, the company said.
Nearly four months after President Barack Obama signed a health reform bill into law, businesses are still grappling with its
impact on the health benefits they offer their employees.
The $33.5 million the Capital Improvement Board is providing the Indiana Pacers is merely a Band-Aid that will do little to
solve serious short-term and long-term issues facing the team.
Clarian Health is launching its own health insurance plan, the boldest of several initiatives at Indianapolis hospitals to
bypass health insurers and provide health benefits directly to employers.
The Children’s Museum of Indianapolis is about to expand its role in urban redevelopment. It has already invested more than
$1 million in the half-dozen blocks around its campus on North Meridian Street, and now plans to help create a comprehensive
plan for an area that encompasses six nearby neighborhoods.
Common shareholders are challenging the proposed acquisition of the company by closely held JS Acquisition LLC, formed by
Emmis Chairman and CEO Jeffrey H. Smulyan in an effort to take it private.
Sale of city's water and sewer utilities faces showdown on Monday with full council vote.
Locally, the number of building permits filed in the nine-county Indianapolis area fell by 20 percent in June while home construction
plunged nationally to the lowest level since October.
Debra Mullins performs “Can’t Live Without It,” a cabaret mix of standards, blues and
jazz, July 22 at the Indiana History Center as part of its Concerts on the Canal series. Details here.
Beef & Boards Dinner Theatre presents “Church Basement Ladies,” July 22-Sept. 3 Details
here.
Chicago and The Doobie Brothers perform, July 22 at Verizon Wireless Music Center. Details
here.
Jack Johnson takes the stage, July 23 at Verizon Wireless Music Center. Details here.
Angela Brown premieres her show “Opera from A Sistah’s Point of View,” July 30 at IU Musical
Arts Center. Details here.
Dance Kaleidoscope offers a free performance as part of the Family Art Series, July 23-24 at White River
State Park. Details here.
Summer Stock Stage presents “Ragtime,’ July 22-25 with a local teen cast, at Park Tudor School.
Details here.
The Artists’ Studio presents a youth production of “Hair,” through July 24. Details here.
Singer/songwriter Brandi Carlisle teams up with the Indianapolis Symphony Orchestra, July
23-24 at Conner Prairie Amphitheatre. Details here.
The Indianapolis Museum of Contemporary Art presents a free screening of “Building for Meaning: The Architecture
of Evans Woollen,” July 23 at the Murphy Arts Center in Fountain Square. Details here.
Detractors of new-terrain route say cost cuts undermine economic development premise for extending the interstate.