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Banking turnaround specialist returns home: First National names former People’s exec as CEO

February 14, 2005

One of the nation’s most successful bankers has returned to Indiana. After four years spent spearheading the turnaround of deeply troubled City National Bank in Charleston, W.Va., Jerry Francis took the helm at Kokomobased First National Bank & Trust Feb. 9. Francis is best known locally from his days as president of People’s Bank Corp. He left Indianapolis in 2001 after Fifth Third Bancorp bought People’s for $228 million. But his name is recognized across the nation thanks to the…

Carmel’s Sunrise CafÃ© may be nearing sunset: Developer would raze cafÃ© to make way for retail, office

February 14, 2005

A longtime favorite spot to conduct business over breakfast on the far-north side will close if plans to sell the building that houses Sunrise CafÃ© come to fruition. Locally based Meridian Asset Development has the cafÃ© building and a surrounding 2-1/2-acre lot at 11450 N. Meridian St. under contract. The seller is an Omaha, Neb.-based trust that owns it and a nearby office building. If the sale closes as expected in the coming weeks, Meridian Asset plans to raze the…

Head of IT firm ensures company primed for growth: She started business to offer customized training but altered her strategy as circumstances changed Strategic decisions “She almost vibrates” Female support

February 14, 2005

Kathy Carrier’s dad was angry when she left a lucrative job at a Fortune 500 company to start her own firm. But four years later, when she won an Ernst & Young Entrepreneur of the Year Award, he told his daughter: “Clearly your vision for yourself was greater than the one I had for you.” In less than seven years, Carrier, 46, has built her Fort Wayne-based information technology writing and training firm, Briljent LLC, into a business with annual…

Ex-execs fly solo: Horn, Shoopman, others trade big firms for small

February 21, 2005

As president of The Dura Cos. Inc., Paul Shoopman was responsible for a 155-employee company that brought in $75 million in revenue in 2003 and built as many as 700 homes a year in Marion and the surrounding counties. Last year, Shoopman won an Ernst & Young national Entrepreneur of the Year award and sold his company to publicly traded California-based KB Home. This year, he’s starting over. Shoopman, 51, opened Indiana Land Development Co. in early January. From his…

Ashley makes home in former Galyan’s stores: Furniture stores to open in Greenwood, Carmel

February 21, 2005

Two former Galyan’s Trading Co. Inc. stores are set to find a new life in furniture. Ashley Furniture HomeStores will enter the market by occupying former Galyan’s stores in Greenwood and in Village Park Plaza in Carmel. The Greenwood store will have about 80,000 square feet and the Carmel store will be slightly smaller at 66,000 square feet, according to plans filed with the state. The HomeStores sell furnishings made by Arcadia, Wis.-based Ashley Furniture Industries Inc., but are independently…

CLOUD OF CONTROVERSY: Suburbs might follow city’s lead Backers: Tough Indy ban would sway others

February 28, 2005

The City-County Council’s handling of a proposed smoking ban has implications well beyond Indianapolis, to neighbors poised to adopt their own laws but watching the outcome in the state’s most populous city. If Indianapolis doesn’t enact a smoking ban, or adopts one that’s politically unpalatable to neighboring cities and counties, those communities might adopt a confusing variety of laws, observers on both sides of the debate say. They say a lack of uniformity could even spawn a migration of bar…

Supporters predict passage of waiver bill: Measure would allow uninsured to sign up for health care policies that exclude some pre-existing conditions

February 28, 2005

Indiana is one of only a few states in which individuals cannot agree to waive coverage for pre-existing conditions in order to get at least some type of health insurance. That could change this year, however. Dueling bills in front of the Legislature have passed out of the House and Senate and are being considered by the opposite chamber. Rep. Gerald Torr, R-Carmel, authored one of the measures and is confident some form of his legislation will pass. The object…

Builders try retail approach: Estridge, Davis plan north-side home stores

March 7, 2005

Two locally based home builders are staking out retail storefronts in a bid to reach out to customers who might want to buy a new home while they’re picking up a gallon of milk or a pair of shoes. Carmel-based Estridge Cos. plans to open its HomeExperience store in Clay Terrace in late spring or early summer, while Indianapolis-based Davis Homes LLC in late April will move its showroom into a Krogeranchored shopping center at 96th and Meridian streets. For…

Unifying Indiana’s IT efforts: State’s new CTO plans to centralize computing

March 7, 2005

Indiana’s state Web portal, access-Indiana, won at least a dozen awards over the last four years. It was frequently lauded as a model of modern government efficiency-robust, reliable and user-friendly. But, according to new Indiana Chief Technology Officer Karl Browning, the reality was only skin deep. Certainly, accessIndiana is the handsome public face of state information technology. But beneath the surface, there’s a tangled mess of unconnected systems, each managed independently by a separate agency. Gov. Mitch Daniels, a Republican,…

No upcoming sunset for Sunrise Cafe:

March 7, 2005

We at the Sunrise assume it was a slow news day. We are but a small, familyowned restaurant wondering why we merited such a writeup in the [Feb. 14] IBJ. The Sunrise Cafe here at 116th and Meridian was started in 1988 and is owned by Lisa and Jim Horsfield. We also started the Keystone store in 1985 with Scott Horsfield (owner of the Sunrise Cafe at 116th and Cumberland Road) and Ralph Webb (owner of the 86th and Keystone…

Charter One Bank plans Indiana growth: Acquisition allows new owner to leverage 60 branches

March 21, 2005

Two and a half years ago, Charter One Bank had nary a single Indiana branch. Since then, it’s quietly built 60. Charter One is preparing an all-out assault on the Indiana bank market. Under the leadership of its new Indiana president and CEO, Norman S. Hatch, the bank plans to add 10 branches in 2005 and increase its Indiana head count from 400 to 500 employees. Hatch, who took charge Jan. 2, had been vice president of middle-market banking for…

Council launches new HR initiative: Target is small companies that have no administrator

March 28, 2005

Small-business owners who need help wading through myriad human resources issues now have another source to consider-the Indianapolis Private Industry Council Inc. The 23-year-old IPIC, better known for overseeing the seven WorkOne career centers in Marion County, has leapt into the HR arena by partnering with a handful of professionals who have agreed to honor the agency’s low-cost pledge. Sixty thousand people walk through the doors of the centers each year looking for work. But many of their potential employers-many…

School moratorium concerns industry: State officials studying whether too much money is being spent on non-educational construction projects

March 28, 2005

Designers of educational facilities are expressing concern over the future of school construction in Indiana as state officials mull guidelines that could bring changes to the process. Upon taking office in January, Gov. Mitch Daniels temporarily halted new school-construction borrowing to give the Department of Local Government Finance time to develop guidelines to ensure taxpayer money is spent wisely. The 120-day moratorium is a result of Daniels’ theory that school corporations spend too much money on projects unrelated to instruction….

Rehabs help schoolhouses rock: Threatened properties receive new life as apartments

March 28, 2005

As several local developers have discovered, some of the functional design aspects of school buildings also make attractive components of a successful apartment building. At least two north-side elementary schools closed by Indianapolis Public Schools in the early 1980s have been transformed into apartment communities, and another developer has found a niche turning old high schools in some of the state’s smaller cities into senior housing. By keeping the historic character of the buildings and serving a lower-income population, these…

Conseco Insurance Group plans sales rebound: Insurer boosts product line, agent recruitment

March 28, 2005

Conseco Insurance Group just closed the book on a disappointing 2004 but its leaders already have a jump on several initiatives to prevent a repeat in 2005. The Conseco Inc. subsidiary launched two new life insurance products earlier this year and is aiming for a 25-percent increase in new business in 2005, according to Brad Corbin, the insurance group’s new executive vice president of sales. The insurer also has started burning some phone lines to boost the independent sales force…

Carmel Central Park project keeping contractors busy: $55M project on Monon won’t open until 2007

March 28, 2005

There won’t be skyscrapers, horsedrawn carriages or a subway stop, but come 2007, Carmel will have its very own Central Park. Officials broke ground in November on the 161-acre site bordered by College Avenue, 116th Street, Westfield Avenue and 111th Street. When completed, Central Park will be the largest in the Carmel Clay Parks and Recreation 280-acre system. The $55 million project isn’t anywhere near the scope of the New York City original, but construction manager Geupel DeMars Hagerman still…

Startup hopes to find niche with golf travel packages: Former players emphasize ability to customize trips

April 4, 2005

Two men with a gift for golf hope their success at the game will give them an edge as they tee off on a new business venture. Brian Pearce, 26, and Nate Stout, 23, have launched ReadyGolf Getaways, an upstart venture that puts together customized travel packages to courses throughout the country. Pearce and Stout plan to capture a market they think is underserved. While duffers can search the Internet with ease to locate myriad travel packages to golfing destinations…

Navigating a painful journey: St. Vincent Pediatric Hospice helps families cope

April 11, 2005

Erin Sammons knew nothing about St. Vincent Pediatric Hospice when she gave birth to her son, Hart, last November. She just knew that Hart had a chromosome disorder, and doctors expected his life to last only minutes or maybe days. The hospice offered help, so she took it. Hart lived for almost a month, and Sammons said the hospice staff walked her family through every step of that journey. “It was a tragedy, and my heart breaks every day ……

Smoking warriors expand battlefield: Health advocates accuse grocers, retailers of misleading public with smoke-free claims

April 11, 2005

Bars and restaurants aren’t the only firms that will soon feel the heat from health advocates pushing laws to ban smoking in public places. Some are broadening their gaze to drugstores and even supermarkets as potential health risks-and they’re naming names of offending businesses. It’s a radical approach in a mildmannered metro area, where few dare to poke fingers in the eyes of the business or political elite. And it’s in stark contrast to groups such as Smoke Free Indy,…

Profit potential drives car dealers to risky end of market: Collecting on high-interest, buy-here-pay-here loans requires adept, relentless managers to succeed Management-intensive

April 11, 2005

A handful of the city’s new-car dealers are cautiously backing into the buy-herepay-here lot, a risky but potentially lucrative used-car business long the bastion of neighborhood lots and chains such as J.D. Byrider Systems. The allure of making in-house loans is interest rates that can top 21 percent and profit margins that can be 10 times higher than peddling fresh metal. While rebates on new cars come and go and make for volatile sales, the poor and those with credit…

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8,694 results for 'Carmel'

People

Kurt Beier

Articles

Banking turnaround specialist returns home: First National names former People’s exec as CEO

Carmel’s Sunrise CafÃ© may be nearing sunset: Developer would raze cafÃ© to make way for retail, office

Head of IT firm ensures company primed for growth: She started business to offer customized training but altered her strategy as circumstances changed Strategic decisions “She almost vibrates” Female support

Ex-execs fly solo: Horn, Shoopman, others trade big firms for small

Ashley makes home in former Galyan’s stores: Furniture stores to open in Greenwood, Carmel

CLOUD OF CONTROVERSY: Suburbs might follow city’s lead Backers: Tough Indy ban would sway others

Supporters predict passage of waiver bill: Measure would allow uninsured to sign up for health care policies that exclude some pre-existing conditions

Builders try retail approach: Estridge, Davis plan north-side home stores

Unifying Indiana’s IT efforts: State’s new CTO plans to centralize computing

No upcoming sunset for Sunrise Cafe:

Charter One Bank plans Indiana growth: Acquisition allows new owner to leverage 60 branches

Council launches new HR initiative: Target is small companies that have no administrator

School moratorium concerns industry: State officials studying whether too much money is being spent on non-educational construction projects

Rehabs help schoolhouses rock: Threatened properties receive new life as apartments

Conseco Insurance Group plans sales rebound: Insurer boosts product line, agent recruitment

Carmel Central Park project keeping contractors busy: $55M project on Monon won’t open until 2007

Startup hopes to find niche with golf travel packages: Former players emphasize ability to customize trips

Navigating a painful journey: St. Vincent Pediatric Hospice helps families cope

Smoking warriors expand battlefield: Health advocates accuse grocers, retailers of misleading public with smoke-free claims

Profit potential drives car dealers to risky end of market: Collecting on high-interest, buy-here-pay-here loans requires adept, relentless managers to succeed Management-intensive