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Development plans percolating in five urban corridors: East 10th Street, Fountain Square lead FOCUS pack

February 20, 2006

DataSmith Technologies owner James Smith started looking almost two years ago for a building to house his business, his home and possibly a revenue-generating tenant. What he ended up with was a dilapidated former bar on a struggling section of East 10th Street that had become a haven for vagrants. Smith took a chance on the building at 2032 E. 10th St., most recently home to Mustang Sally’s tavern, largely because of the involvement of the East 10th Street Civic…

BEHIND THE NEWS Safety firm’s sale a bonanza-and that’s no accident:

February 20, 2006

Aearo Technologies Inc., the maker of earplugs and other protective gear, has long been a quiet company. But given its recent performance and the announcement this month that a private equity firm is buying it for an eye-popping $765 million, no one would call it a sleepy one. Indeed, interviews and a review of regulatory filings show the northwest-side company has been on a tear, boosting sales from $284 million in fiscal 2001 to $423 million in fiscal 2005. In…

Bank profit see-sawed before sale: Union Fed investors may have tired of volatile performance

February 13, 2006

Union Federal Bank’s profits have gone up and down like an electrocardiogram since a group of elite investors bought a major stake in the privately held institution in 1999. That wildly inconsistent performance likely played a role in the decision by investors to sell the bank, experts say. On Feb. 3, both the bank and its parent company were sold to Bowling Green, Ohio-based Sky Financial Group Inc. for $330 million. The bank had been the thirdlargest in town. After…

Eateries await smoking ban: Some restaurant owners face tough decisions

February 13, 2006

It’s 2:30 p.m. on a Tuesday and the lunch crowd has dwindled enough to give Giorgio Migliaccio time to relax and light up a cigarette at the downtown pizzeria that bears his name. But come March 1, Migliaccio and the majority of other restaurant owners in Marion County no longer will allow smoking. A city ordinance will ban the practice in establishments that allow patrons younger than 18. “I think it will be very hard for the addicted to not…

Hospitals still find room to grow in Hamilton County: More competition doesn’t crowd the market, experts say

February 13, 2006

Clarian Health Partners made a big splash last December in Hamilton County when it opened a 154-bed medical center, but competitors in that market are showing they know how to flex development muscles, too. The county’s three other hospitals all have planned, started or completed expansion projects in the last few years, and those who know the market see plenty of room for more health care. “If you’re in the hospital business, it’s hard to fail in a market like…

SPORTS: Here’s to the last champion of single-class sports

February 13, 2006

Somewhat overlooked at the time because it was (A) girls softball and (B) took place in June, Turkey Run’s 11-7 victory over Center Grove nonetheless remains a lasting testimonial to those who believe the size of the dream should not be diminished by the size of the school. A year later, the dream died for all time when the Indiana High School Athletic Association’s board voted to divide team sports championships into classes according to enrollment. That decision-later affirmed by…

Byrider banging out dents from franchisees: Repairs precede used-car chain’s planned expansion

February 13, 2006

Its image dinged by regulatory actions against J.D. Byrider used-car franchisees in Ohio and Kentucky, Byrider Franchising Inc. is busy culling problem operators ahead of a planned 2006-2007 expansion. The Carmel-based “buy here, pay here” chain with 123 stores in 28 states also said it has spent millions of dollars on vehicle repairs, customer service improvements and more sophisticated underwriting software to reduce loan delinquencies. There were 127 franchised stores operating in 2004, plus another 13 companyowned stores, according to…

Amnesty in concrete case?: Lawyer says company in civil price-fixing case helping prosecutors in criminal investigation

February 6, 2006

One of the seven concrete firms named as defendants in a civil price-fixing lawsuit is helping federal prosecutors gather evidence in a related criminal investigation, court documents reveal. A lawyer for one of the seven defendants in the civil case said in a filing that the 27 contractors and construction firms bringing the suit have the “unique and decisive advantage” of receiving documents and statements from a cooperating individual who could receive amnesty from criminal charges. Court papers don’t say…

Appliance biz heads north: Clark to open Castleton store, compete with H.H. Gregg Fine Lines for high-end customers

January 30, 2006

The high-end appliance retailer Clark Appliance Showcase will open a store practically in the back yard of its closest competitor in early March. Does the move signal a turf battle between two local retailers that cater to homeowners willing to pay luxury car prices for a kitchen? Not really. The local market for products such as $10,000 Viking ranges is growing so fast that executives at Clark and H.H. Gregg think there’s room for both on the northeast side. “It’s…

Clarian finds room for luxury: Hospital one of a handful to feature spa treatment

January 30, 2006

Women giving birth at Clarian North Medical Center now can enjoy a massage, manicure or pedicure before they return home to the sleep-deprived life of caring for a newborn. These are a few of the services Indianapolis-based Ology will offer when it launches its second hospital spa Jan. 23 at the new Carmel medical center. Ology opened its first more than a year ago inside Avon’s Clarian West Medical Center. Spa Director AndrÃ©a Bradley-Stutz expects the latest location to top…

Clarian finds room for luxury: Hospital one of a handful to feature spa treatment

January 23, 2006

Home Room Construction: Remodeler’s building plan: Double revenue Company targets homeowners considering do-it-yourself projects

January 23, 2006

Scott Heinemeyer’s business is all about potential. That’s why Home Room Construction tackles many kinds of projects-everything from simple handyman services to complex room additions. After all, what’s the point in limiting the possibilities? “We are a big company that happens to be small right now,” Heinemeyer said of his four-person firm. All told, Home Room finishes anywhere from 200 to 300 projects a year, he said, and revenue is expected to nearly double to $500,000 in 2006. Heinemeyer started…

Appliance biz heads north: Clark to open Castleton store, compete with H.H. Gregg Fine Lines for high-end customers

January 23, 2006

Bike Line, Broad Ripple firm plan Mass Ave purchases: Two sales would be latest in owner-occupant trend

January 16, 2006

Two buildings on Massachusetts Avenue downtown are slated to change hands in coming weeks as two Broad Ripple businesses stake their claims on the resurging corridor. The first deal scheduled to close is the sale of 409 Massachusetts Ave., owned for the last 15 years by advertising firm Young & Laramore. Elizabeth Dillon, owner of RN Specialties, plans to move her growing 10-year-old company and its 21 employees into the 17,000-square-foot building after minor renovations to the ad agency’s former…

BEHIND THE NEWS:

January 16, 2006

Two upcoming, high-profile business trials now are off the schedule, thanks to a guilty plea from wheelerdealer James T. O’Neal Jr. and a settlement by former Conseco Inc. executive Rollin Dick. O’Neal, 60, a Carmel native accused of swindling some of Indianapolis’ wealthiest investors out of millions of dollars, just before Christmas reached an agreement with prosecutors under which he pleaded guilty to two of the 82 felony counts against him. He could face up to six years in prison….

Builders remain bullish: Area likely to escape home construction slump, experts say

January 16, 2006

When home mortgage lender Fannie Mae this month predicted home sales might fall as much as 10 percent in 2006, Wall Street shuddered. Shares of home builders dropped, temporarily stalling a rally in the broader stock market-and raising questions whether the pace of new subdivisions in central Indiana might slow. Yet despite the discouraging outlook for the national housing market, builders active in central Indiana remain optimistic, singing a common refrain: not here. As it has for the past two…

IRSAY’S ODYSSEY: Owner learned from life in NFL to build winning team

January 16, 2006

The Indianapolis Colts' evolution from perennial patsy to Super Bowl favorite is a body of work with a seldom-told—and often misunderstood—history. It's easy to see the hues all-pros Peyton Manning, Marvin Harrison and Edgerrin James painted on this masterpiece season. President Bill Polian and Coach Tony Dungy certainly colored the landscape. And Offensive Coordinator Tom Moore added his creativity. But theirs aren't the only signatures on this canvas.

Indianapolis and neighbors need one vision, one voice:

January 2, 2006

Cincinnati USA. Charlotte USA. Indianapolis – Marion County – Indiana. Who is throwing the right welcome mat out to the world? In the first two examples, those regions have said to the entire planet: “We are open for business. Come talented people-bring your companies and organizations to our area; bring your families to our schools; live, work and play in our thriving community.” Our region,” they say, “located at this juncture of latitude and longitude in the USA, wants you…

SPORTS: The good, the bad and the hoped for in sports

January 2, 2006

Even with some disappointments sprinkled in (Ron Artest, Purdue football and no state teams in the NCAA men’s basketball tournament), 2005 was an outstanding year for sports in Indiana. But 2006 will be even better. In that vein, we look back, and we look ahead: Best local sports stories of 2005 1) The passing of the funding mechanisms at the state and local levels that led to the Sept. 20 groundbreaking for Indiana Stadium. While Reggie Miller’s retirement from the…

The entrepreneur is in – literally: Venture Center program offers select firms expert advice

December 26, 2005

The return on investment couldn’t be any better. TGX Medical Systems CEO Michael Good brought Joe Muldoon on board in April to help his company land some venture-capital funding. A few months later, it had a check for $1.5 million in the bank. The cost of Muldoon’s help: zilch. As the first Entrepreneur-in-Residence at Indiana’s Venture Center, Muldoon spent seven months this year giving a handful of young, high-growth Indiana companies free advice on everything from budgeting to fund raising….

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8,694 results for 'Carmel'

People

Kurt Beier

Articles

Development plans percolating in five urban corridors: East 10th Street, Fountain Square lead FOCUS pack

BEHIND THE NEWS Safety firm’s sale a bonanza-and that’s no accident:

Bank profit see-sawed before sale: Union Fed investors may have tired of volatile performance

Eateries await smoking ban: Some restaurant owners face tough decisions

Hospitals still find room to grow in Hamilton County: More competition doesn’t crowd the market, experts say

SPORTS: Here’s to the last champion of single-class sports

Byrider banging out dents from franchisees: Repairs precede used-car chain’s planned expansion

Amnesty in concrete case?: Lawyer says company in civil price-fixing case helping prosecutors in criminal investigation

Appliance biz heads north: Clark to open Castleton store, compete with H.H. Gregg Fine Lines for high-end customers

Clarian finds room for luxury: Hospital one of a handful to feature spa treatment

Clarian finds room for luxury: Hospital one of a handful to feature spa treatment

Home Room Construction: Remodeler’s building plan: Double revenue Company targets homeowners considering do-it-yourself projects

Appliance biz heads north: Clark to open Castleton store, compete with H.H. Gregg Fine Lines for high-end customers

Bike Line, Broad Ripple firm plan Mass Ave purchases: Two sales would be latest in owner-occupant trend

BEHIND THE NEWS:

Builders remain bullish: Area likely to escape home construction slump, experts say

IRSAY’S ODYSSEY: Owner learned from life in NFL to build winning team

Indianapolis and neighbors need one vision, one voice:

SPORTS: The good, the bad and the hoped for in sports

The entrepreneur is in – literally: Venture Center program offers select firms expert advice