State’s advanced battery initiative charging ahead
Following setbacks, industry leaders prepare to launch innovation center downstate
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Charter schools in pipeline to be heavy on technology
Three “blended learning” educational organizations have been approved to open 19 charter schools here that combine online technology and face-to-face instruction. The strategy allows schools to save money by employing fewer teachers, yet also can produce impressive student results.
RACE: Desecrated diagonals put us at a crossroads
Both Indianapolis and Washington, D.C., were designed as capital cities—with a certain formality, heroic views, intersecting axis, monumental architecture and sacred places.
Man pulled from White River drowns
Jason Purvis, 35, died Thursday night at IU Health Methodist Hospital after being pulled from the White River in downtown Indianapolis earlier in the day. Witnesses said Purvis attempted to swim across the river near the Oliver Street Bridge on Thursday afternoon but failed to make it. A diver recovered the man after he spent about 30 minutes under the water. He was rushed to the hospital in critical condition and pronounced dead about 9:30 p.m.
EnerDel hires first post-bankruptcy chief executive
David Roberts, the company's intellectual property lawyer since January 2011, is the new CEO. Richard Quirin, who was chief financial officer at IMMI, a seatbelt maker based in Westfield, is the new CFO.
People
Mark Morrell recently joined Krieg DeVault LLP’s health care practice in Indianapolis. He will concentrate his practice on mergers and acquisitions, managed care negotiations, finance and other corporate legal matters. Morrell was previously an attorney at Hancock Daniel Johnson & Nagle PC in Virginia. An Indianpaolis native, Morrell received a bachelor’s degree from Ball State University and did his legal training at Regent University School of Law.
State Rep. Cynthia Kirchhofer, R-Beech Grove, has been appointed risk analyst at Franciscan St. Francis Health. She will manage medical claims and cases, and oversee a program to reduce threats to hospital assets and resources. Kirchhofer joined Franciscan in 2004 after working for several law firms. She holds a paralegal certificate from IUPUI.
Douglas M. Gioe, corporate compliance and privacy officer for Franciscan St. Francis Health, will retire from his position June 20. Before coming to Franciscan St. Francis, Gioe was risk manager and quality assurance coordinator for the former Central State Hospital in Indianapolis.
Company news
EMC Precision Machining in Sheridan gave each of its 93 employees a bicycle Friday for exceeding cost-cutting goals. The incentive is part of a larger campaign the company adopted this year to promote both employee and company health and fitness. The bikes are a reward to employees for submitting ideas approved by the company that should result in annual savings of $300,000—double the goal set by EMC. The company spent about $30,000 to purchase the bikes and to throw a cookout to celebrate the occasion. EMC was founded in Ohio in 1925 and opened its Sheridan location in 2009 after purchasing Biddle Precision Components.
A Cicero-based developer has signed a national senior-living company to operate four new developments it plans for Indiana. Mainstreet Property Group LLC said May 30 that it has entered into a joint venture with Des Moines-based Life Care Services for new projects in Wabash, Avon, Westfield and Crawfordsville. Construction has begun on Wabash Health and Wellness Suites, a $15 million nursing and assisted-living property. Earlier in May, Mainstreet filed a prospectus for a new publicly traded company called HealthLease Properties Real Estate Investment Trust, which would be traded on the Toronto Stock Exchange. Mainstreet is seeking to raise $110 million, according to a prospectus. The Mainstreet-LCS project site in Westfield is adjacent to Grand Park, and the site in Avon is at 10307 E. County Road 100 North. Neither of those projects will be part of the new REIT. Earlier this year, Mainstreet received approval from the city of Indianapolis to build a $15.7 million senior health care center at East 16th Street and Arlington Avenue. Overall, the company owns or co-owns at least 13 senior health care centers in Indiana, Illinois and Ohio, and has at least six more under development. It also plans to break ground on up to 12 centers by the end of the year.
The Indiana University National Center of Excellence in Women's Health has been awarded two grants from the Indiana State Department of Health, totaling nearly $400,000, to focus on preventing pregnancies, especially among teens. The money will be used to pay for a traveling bus, which will provide health screenings and education programs in Marion, Clay and Delaware counties. The IU center also hopes to partner with health care providers in other parts of the state where women have poor access to primary health care resources.
WellPoint: Consumers will control health insurance
The future of health insurance is lower profit margins and greater consumer control. WellPoint Inc. just bet $900 million on it.
Citizens Energy looking to fuel big rigs
Local utility trust Citizens Energy Group plans to sell liquefied natural gas for use in cross-country semi trucks as a lower-cost alternative to diesel fuel.
COMMENTARY: ‘The bigger riddle’ in Indiana
Why do governments sometimes oppress their best and brightest citizens?
Manufacturing employment coming back, but without the wages of yesteryear
Recovery in manufacturing—one of Indiana’s best-paying employment sectors—has been a much celebrated change after years of decline. But many of those jobs are returning with lower wages as employers keep up with growing global competition.
Orthopedic startups attracting big money
The Warsaw area is well-known as the home of gigantic orthopedic implant companies and their suppliers. But now a handful of startups have been able to raise nearly $25 million in equity investments despite the recession—putting a bit more fuel into a fairly stagnant entrepreneurial sector.
Fortune buyout would help exec out of financial jam
Sale to managers would alleviate problems for company’s 70-year-old namesake and keep firm from being seized by bank.
Martin prevails in appeal of ruling that banned him from horse tracks
Industry stalwart prevails in fight against Indiana Horse Racing Commission, which found that he had participated in racing and wagering activities without a license.
Spec office building near Keystone to be first since 2008
A local developer plans to break ground this month on a three-story office building near Keystone at the Crossing that would be the market’s first speculative office development in four years.
LOU’S VIEWS: Myth-busting the Indy arts scene
The food at Beef & Boards is pretty good, all Vonnegut movie adaptations are not awful, and Jennie DeVoe doesn't play at every local festival.
Simon Property’s revolving loan signals overseas deals
Simon Property Group Inc., the world’s largest real estate investment trust, has increased its firepower for potential global expansion with a $2 billion revolving line of credit in six currencies.
People
Hall, Render, Killian, Heath & Lyman PC named attorney John Williams as the head of its new federal legislative and regulatory advisory advocacy practice. The Indianapolis-based health law firm also named two of-counsel attorneys to the practice: Andrew Woods and Andrew Coats, both of whom are also part of the Washington, D.C.-based consulting firm Liberty Partners Group. Williams holds degrees from Embry-Riddle Aeronautical University and George Mason University School of Law. Woods completed his undergraduate studies at North Carolina State University and earned his law degree at University of North Carolina School of Law. Coats, the son of U.S. Sen. Dan Coats, holds a bachelor’s degree from James Madison University and a law degree from Indiana University.
Dr. Keith Knuth has joined the faculty of the Indiana University School of Medicine Department of Ophthalmology at the Eugene and Marilyn Glick Eye Institute. He will see patients at the Glick Eye Institute’s Spring Mill and Mooresville locations. Knuth earned a bachelor’s degree from Purdue University and completed his medical degree at the IU School of Medicine. He also holds an MBA degree from Butler University.
Tony Origer, a chiropractic physician, is now seeing patients two days a week at the Carmel office of Methodist Sports Medicine / The Orthopedic Specialists. Origer is continuing to manage his practice, Performance Chiropractic & Sports Rehabilitation, in Greenwood. Origer did his chiropractic training at Palmer College of Chiropractic in Davenport, Iowa. He has done work for the Indianapolis Indians, as well as the athletic teams at the University of Indianapolis and Franklin College.