INDIANA 100: Indiana public companies turned in contrasting performances
Profit shot up for some, while others fought setbacks.
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Articles
Gregg’s priorities faulty
John Gregg [June 16 Forefront] says Republicans are being Chicken Little because they want to do something rational like stopping spending more than we have.
Record number of Hoosier upstarts hunt for investors
Indiana companies are lining up for private investments in record numbers—a trend driven by the growth of dozens of Indianapolis technology companies that have left the startup stage and want to quickly hire and expand.
Fledgling local organization crusading for innovation
Jerry McColgin saw firsthand the power of innovation during his 15 years at Whirlpool Corp., starting on the factory floor and working up to lead an Evansville-based team of 35 people scattered across 17 countries.
Carmel retailers play defense against U.S. 31 construction
Business has skidded for some eateries along the corridor as work crews transform it into a limited access highway. Proprietors are reaching out to customers with promotions but gripping the bottom line.
Non-chain eatery sets sights on former Glass Chimney site in Carmel
An independent restaurant owner plans to take over the vacant Glass Chimney building on Carmel’s Old Meridian Street, transforming it into a family eatery with two outdoor dining areas.
Washington Prime buys Clay Terrace stake from Lauth
Simon Property Group spinoff Washington Prime Group on Monday announced deals worth about $326 million involving at least seven shopping centers, including Clay Terrace in Carmel.
Construction
-Holladay Construction Group LLC. has completed an 8,612-square-foot bank renovation for Centier at 568 Carmel Drive.
-Holladay Construction Group LLC has partnered with Holladay Properties and Schahet Hotels to begin construction of a five-story, 122-room, 82,000-square-foot, full service Holiday Inn near Indianapolis International Airport. Completion is scheduled for the winter of 2015.
People
Kelli Burress, a nurse practitioner, has joined St. Vincent Medical Group in Greencastle. Burress earned an associate’s degree from Ivy Tech State College in Indianapolis and a bachelor’s degree in nursing from Indiana Wesleyan University in Indianapolis.
Dr. Mohammed Tarrabain, a family physician, has joined St. Vincent Medical Group in Carmel. Tarrabain earned his medical degree from The American University of Beirut in Lebanon.
Dr. Tim Franson has joined Indianapolis-based YourEncore as chief medical officer. Franson was vice president of global regulatory affairs at Eli Lilly and Co. and since then has worked as a consultant, on his own and at FaegreBD Consulting. Franson holds a bachelor’s degree from the University of Iowa and a medical degree from the University of Illinois College of Medicine.
Simpson out as WIBC morning host, conservative Katz in wings
Steve Simpson was informed Friday that his contract would not be renewed by Indianapolis-based Emmis Communications Corp., which owns WIBC. Newsman Simpson will be replaced by conservative talk show host Tony Katz.
Sundown Gardens moving from Carmel to Westfield
Longtime Carmel garden center Sundown Gardens is transplanting its operations to Westfield, where it’s planning an outdoor showroom and an agritourism-focused retail area.
MCL stays fresh as cafeteria rivals slide into decline
The company that Charles O. McGaughey and his partner, George Laughner, started in 1950 has outlived thousands of Indiana restaurants—chains and mom-and-pops alike—and remained profitable through the changing tastes and trends of seven decades.
Remodelings might await boomers wanting to stay in their homes
Many homes will be difficult for aging boomers to navigate without changing doors, bathrooms, hallways and kitchens.
Roberts leaving downtown location as part of $2.5M expansion
The retailer of photo, video and electronics equipment will move from 255 S. Meridian St. to larger downtown space at 220 E. St. Clair St. Roberts plans to add 35 workers by 2018.
Former Colts player set to open soul food restaurant
Gary Brackett, who played nine seasons for the team at linebacker, plans to open Georgia Reese’s Southern Table & Bar on the northwest side in August.
Faucet maker Delta changes presidents
Carmel-based Delta Faucet Co. has a new president after a pair of promotions by parent company Masco Corp., the companies announced.
Former CEO sentenced for federal tax evasion
Joseph C. Scott, 54, the former CEO at KSM Profit Advisors LLC, was convicted of underreporting his income taxes from 2005 to 2009, resulting in unpaid taxes of nearly $600,000.
People
Thomas Mooney has been appointed CEO of Methodist Sports Medicine, overseeing three locations in Avon, Carmel and Greenwood. According to his LinkedIn profile, Mooney was most recently CEO of an orthopedic physician practice in central Pennsylvania. Mooney holds a bachelor’s degree in business from Towson State University and an MBA from the University of Phoenix.
Bob Wade, a health care attorney at Indianapolis law firm Krieg DeVault LLP, was named the compliance expert to the board of Halifax Health in Daytona Beach, Fla. The hospital system agreed to an $85 million settlement with the U.S. Department of Justice over alleged illegal contracts with doctors that violated the federal Stark statutes. Wade, an expert in the Stark laws, will help the hospital rewrite its contracts with physicians and establish a compliance program.