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David Bordenkecher
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Trying to make wastewater less wasteful: Carmel startup sees big potential in new treatment

January 16, 2006

The yellow-hued liquid in a jar that business partners Bud Harmon and Timothy Ortman tote with them to tout their venture often is mistaken for urine. But the pair is pretty sure the chemical compound, which treats wastewater at food-processing plants, carries much more promise. A second-place finish in a November business plan competition hosted by Purdue University helped bolster their belief. Harmon, a past chairman of Purdue’s Department of Animal Sciences, and Ortman, an aerospace engineer who cut his…

Aearo aiming for IPO: Giant in safety equipment wants to raise $230 million, plans overseas expansion

January 16, 2006

An Indianapolis company that makes earplugs, hard hats and other protection gear used by everyone from soldiers to construction workers has laid the foundation for an initial public stock offering. Aearo Technologies Inc. plans to raise up to $230 million in the offering and list its shares on the New York Stock Exchange, according to its registration statement filed late last year with the U.S. Securities and Exchange Commission. But the filing leaves blank a number of key details-such as…

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.

NOTIONS: Throwing out the book on ‘remedial’ education

January 9, 2006

On the first day of school, eighth-grade history teacher George Barnes took aim at tradition. With all the arm strength of the former Butler University football player he is, Barnes heaved a history text across his classroom. The book flew past his students’ stunned faces and crashed against the wall. Barnes asked the shocked teens: “If you were recording for history what you just witnessed, what would you say?” “Some,” said Barnes, “said, ‘That Mr. Barnes, he’s a crazy man….

Church’s business savvy extends financial ministry: New Life helps members become self-sufficient

January 9, 2006

Ondalere Helm has struggled to stay on solid financial footing since being laid off about four years ago. The 32-year-old mom got behind on her bills and was living in a governmentassisted apartment building with her 7-year-old daughter. “I had been praying for a home for my daughter,” Helm said. “I tried to buy a house, but my credit wasn’t good enough.” Then about two months ago, the pastor at New Life Worship Center-where Helm and her daughter attend religious…

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…

Startup fills growing drug-trial niche: Indianapolis-based Anaclim focuses on recruiting minority patients

January 2, 2006

A new Indianapolis company plans to attack the chronic shortage of minority patients in drug trials armed only with 11 employees and the wisdom of a couple Eli Lilly and Co. executives. However, the founders of Anaclim believe they’ll find ample success by focusing exclusively on the growing push for diversity in the $10 billion contractresearch industry. Anaclim, which occupies a mostly empty office at Intech Park, could double its staff quickly and start raking in eight-figure revenue within three…

ABDUL-HAKIM SHABAZZ Commentary: A news event that hit close to home

January 2, 2006

I’ve been writing professionally for nearly 20 years and this is the hardest column I’ve ever had to write. Originally I planned an end-ofthe-year piece with some snappy one-liners and tongue-incheek observations about local and state issues. Thursday, Dec. 22 at 9:45 a.m. that changed. I was in the Capitol on my way to one of Gov. Mitch Daniels’ weekly media sessions when my cell phone rang. It was a phone call from my producer telling me that 18-year-old James…

Web site stirs controversy: Watchdogs pan Insurance Department’s pro-business stance

December 26, 2005

Consumer watchdogs are howling over a revamped state Insurance Department Web site that pitches Indiana’s “positive regulatory climate” and other business-friendly attributes. The site’s new look debuted a few weeks ago and aims to make companies think about moving to Indiana, Insurance Commissioner Jim Atterholt said. But critics say a regulator should never play the role of recruiter, and the approach sends the wrong message to consumers seeking help. “It raises some questions-you know, who’s your first master?” said Julia…

NEWSMAKER: Jischke praised, while Herbert taking heat:

December 26, 2005

NEWSMAKER Jischke praised, while Herbert taking heat Confidence in the job performance of the two leaders of the state’s largest universities headed in opposite directions this year. At West Lafayette, Purdue University President Martin Jischke, 64, continued to receive high praise for elevating the university’s status as a player in the state’s economic development mission. Meanwhile, his colleague at Indiana University, Adam Herbert, found himself fending off a barrage of critics calling for his ouster because they don’t think he…

Retirees from IPL face cuts: Declining assets strain trust providing benefits to 1,900

December 19, 2005

A stampede of early retirements after IPALCO Enterprises was bought by AES Corp. in 2001 is forcing cuts in health and life insurance benefits starting next month. The IPALCO Enterprises Voluntary Employee Beneficiary Association has told its 1,900 participants that new members and rising health care costs have forced cuts that “are absolutely essential to extend the long-term viability of the VEBA Trust.” The retirement plan’s assets have fallen to $88 million from $95 million at year-end 2004, according to…

BULLS & BEARS: A small book with big ideas could be rewarding reading

December 12, 2005

Would you spend $20 and 122 minutes to dramatically enhance your net worth? The money is for what I feel is the greatest book since 1949 on how to pick stocks. It will take you 120 minutes to read the book, and two minutes to finish this column. In 1949, Benjamin Graham, then a 55-year-old professor at Columbia University, wrote “The Intelligent Investor.” It was a sequel to his 1934 tome on investing titled “Security Analysis,” which has long been…

City, police union prepare for cop contract negotiations: FOP seeks 5 percent wage increase for IPD officers

December 12, 2005

Get ready for another round in local government’s most rancorous ongoing scuffle. The Indianapolis Police Department’s contract expires Dec. 31. The city and the police union are about to begin negotiations for a new agreement. Both sides sound optimistic about the chances for a smooth process. But that could quickly change when they get into the nitty-gritty of wage proposals and concessions. The parley over IPD’s last contract took two years. At its nadir, the Fraternal Order of Police endorsed…

Star’s weekly battles Nuvo for young readers: As Intake turns 2, independent tabloid fights on

December 12, 2005

Tracking the readership of a free newspaper is like trying to bottle a vapor. What’s not difficult to determine is advertisers’ desire to target young consumers. “Advertisers increasingly want that young, upwardly mobile audience,” said newspaper analyst John Morton. “And they’ll pay to be a part of a product that can deliver it.” Central Indiana’s two biggest newspapers aimed at readers with a strong interest in the city’s night life and only a fleeting concern about long-term savings plans have…

BULLS & BEARS: Buffett colleague Munger is also a man of wisdom

December 5, 2005

I am reading the book “Poor Charlie’s Almanack,” edited by Peter Kaufman. It’s mostly a compilation of advice from Charlie Munger, vice chairman of Berkshire Hathaway and chairman of Wesco Financial, which is 80-percent owned by Berkshire. Munger, 81, owns Berkshire Hathaway stock worth $1.6 billion. Like Berkshire Chairman Warren Buffett, Munger hails from Omaha and as a youngster worked at the Buffett and Son grocery owned by Warren’s grandfather. The two were reacquainted in the early 1960s and became…

Family follows Trusty path: Local manufacturer uses lessons from innovative founder

December 5, 2005

Trusty-Cook Inc. looks like an old-school manufacturer, even though its inventions are cutting-edge. The company’s 15,000-squarefoot factory on 59th Street east of Fort Harrison State Park looks more like an inventor’s workshop than a state-of-the-art operation intent on pounding out millions of widgets. Trusty-Cook owners eschew hot trends like Japanese-imported lean manufacturing, and aren’t apt to use catch phrases like “just-in-time delivery.” Despite the company’s throwback demeanor, when it comes to working with urethane, Trusty-Cook is revolutionary. And its latest…

Comcast is boosting cable rates for 2006: Annual price hike could be ammunition for competitors

December 5, 2005

Comcast plans to increase cable TV rates an average of 5.1 percent in its suburban Indianapolis territory next year, even as SBC Communications threatens to roll out a cable-killing video service via phone lines. Annual rate hikes by cable companies have become as inevitable as sitcom reruns. Comcast last jacked up local basic cable rates a year ago, by 6.5 percent. Although the 2006 increase is more modest, SBC already is using it in an attempt to soften up consumers…

SPORTS: Final Four director takes readers on inspiring ride

November 28, 2005

For six years, he was a part-time resident of our city. Believe me when I say Indianapolis was full-time better for it. Not many folks here know this fellow named Bill Hancock, or the integral behindthe-scenes role he has played in the NCAA’s staging of its showcase event, the men’s basketball tournament and the Final Four. I’ll sum it up this way: The NCAA’s tournament manual is about 4 inches thick. Hancock, who served as the tournament director, could quote…

Fine-tuning a business strategy: Local violinmaker finds success by raising prices

November 28, 2005

F ine-tuning a business strategy Local violinmaker finds success by raising prices John Welch made a counterintuitive business decision two years ago. The violin business was in decline. Asian manufacturers were turning out high-quality stringed instruments for a fraction of the price of their American competitors. Welch decided to swim against the current. He raised prices. “We realized the only way to compete with the Chinese was to improve our quality,” said Welch, CEO of Indianapolis-based Sofia Violins. “We realized…

‘Backward’ thinking seen as key to future: Students hope experiential history puts them on promising career path

November 21, 2005

As counterintuitive as it sounds, “experiential history” is one of seven key careers, besides usual suspects like logistics and bioinformatics, that are the focus of the University of Indianapolis’ Institute for Emerging Careers. No, drug testing of college faculty isn’t among the emerging careers. The institute was formed last year with a $750,000 Lilly Endowment grant. It aims to stem the so-called “brain drain” of Indiana’s college graduates to other states in search of work-in part by pointing them in…

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People

David Bordenkecher

Articles

Trying to make wastewater less wasteful: Carmel startup sees big potential in new treatment

Aearo aiming for IPO: Giant in safety equipment wants to raise $230 million, plans overseas expansion

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

NOTIONS: Throwing out the book on ‘remedial’ education

Church’s business savvy extends financial ministry: New Life helps members become self-sufficient

Indianapolis and neighbors need one vision, one voice:

Startup fills growing drug-trial niche: Indianapolis-based Anaclim focuses on recruiting minority patients

ABDUL-HAKIM SHABAZZ Commentary: A news event that hit close to home

Web site stirs controversy: Watchdogs pan Insurance Department’s pro-business stance

NEWSMAKER: Jischke praised, while Herbert taking heat:

Retirees from IPL face cuts: Declining assets strain trust providing benefits to 1,900

BULLS & BEARS: A small book with big ideas could be rewarding reading

City, police union prepare for cop contract negotiations: FOP seeks 5 percent wage increase for IPD officers

Star’s weekly battles Nuvo for young readers: As Intake turns 2, independent tabloid fights on

BULLS & BEARS: Buffett colleague Munger is also a man of wisdom

Family follows Trusty path: Local manufacturer uses lessons from innovative founder

Comcast is boosting cable rates for 2006: Annual price hike could be ammunition for competitors

SPORTS: Final Four director takes readers on inspiring ride

Fine-tuning a business strategy: Local violinmaker finds success by raising prices

‘Backward’ thinking seen as key to future: Students hope experiential history puts them on promising career path