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Columbus auto parts maker plans to add 50 jobs

NTN Driveshaft Inc. said it will add the jobs by 2013 as part of an $18 million expansion that will include purchasing additional equipment for its 1-million-square-foot facility.

Carmel performing arts center hiring CEO from Tennessee

A spokesman for Center for the Performing Arts in Carmel on Monday afternoon confirmed that it has hired Tania Castroverde Moskalenko, executive director of the Germantown Performing Arts Centre in Germantown, Tenn., near Memphis, to replace Steve Libman.

Lilly chases Novo in insulin race

Eli Lilly and Co. announced positive results for an experiemental insulin at the annual American Diabetes Association conference in Philadelphia, but was still upstaged by Denmark-based Novo Nordisk A/S.

Company news

Elanco, the fast-growing animal health division of Eli Lilly and Co., wants to add 200 jobs at its headquarters in Greenfield, but says it needs taxpayer assistance to do it, according to the Greenfield Daily Reporter. Elanco asked the Greenfield City Council for a 10-year tax abatement on a $14 million expansion, which would add two buildings to the corporate campus Elanco opened in 2010. Elanco employs 475 workers there now, paying average slaries of $80,000. Elanco projects it would hire the 200 additional administrative employees—who would oversee the company’s marketing, manufacturing, finance and other operations—by the first half of 2015. The new jobs would pay on average $60,000 apiece. Elanco has been growing rapidly through both increased sales of its products for livestock and pets, as well as through acquisitions. Elanco’s revenue last year grew 21 percent to nearly $1.7 billion.

Minnesota-based UnitedHealthcare revamped its myHealthcare Cost Estimator tool for its customers in Indianapolis and 46 other markets, and now provides cost estimates based on the health insurer's actual contracted rates with physicians, hospitals, clinics and other health care providers. The cost estimator tool covers more than 100 common treatments and procedures, factoring in a UnitedHealthcare member’s specific benefits plan. It also allows health plan members to compare cost and quality information between different hospitals and physicians. And the tool even points out alternative treatment options that a patient might consider. “myHealthcare Cost Estimator meets a longstanding consumer need for thorough but simple online comparison shopping for health care by putting relevant information right at people’s fingertips,” UnitedHealthcare's Yasmine Winkler, chief product and marketing officer, said in a prepared statement. Many health insurers are rolling out tools to help consumers gauge cost and quality before making decisions on health care. This year, Indianapolis-based Anthem Blue Cross and Blue Shield expanded to more than 100 the procedures its cost-comparison tool covers. Anthem also rolled out a program in which employers can give its workers a cash payment each time they use the cost comparison tool before seeking care.

Indiana medical device companies enjoyed at least a symbolic victory last week when the Republican-led House of Representatives voted to repeal the 2.3 percent medical device tax that was part of the 2010 health reform law. The tax, estimated to raise $29 billion over the next decade, is scheduled to take effect next year. Indiana has more than 300 medical device manufacturers, employing almost 20,000 people, including Zimmer Holdings Inc., Biomet Inc., Cook Group, DePuy Orthopaedics Inc., Hill-Rom Inc. and Roche Diagnostics Corp. The repeal is not likely to even come up for a vote in the Senate, and if it does, will almost certainly be defeated by the Democrat-controlled chamber. Also, a repeal of the tax likely faces a veto from President Obama. However, the repeal vote is a sign of Republicans’ attempts to scale back the health care law that passed without a single Republican vote. The U.S. Supreme Court is expected to rule this month on the law’s constitutionality.

Construction

-Halakar Construction has completed a 9,053-square-foot office build-out for Gallagher Health Benefits at Fidelity Keystone Tower, 650 E. Carmel Drive, Carmel.

-Halakar Construction has completed a 9,000-square-foot office build-out for Exodus Refugee Immigration at the Circle City Industrial Complex, 1125 Brookside Ave.

-Halakar Construction has completed a 1,500-square-foot office build-out for Perio Indy at Sycamore Springs Office Park, 4715-4755 Statesmen Drive.

Residential

The average rate for 30-year mortgages fell from 3.94 percent to 3.92 percent for the week ended June 6, according to Bankrate.com. The rate for 15-year mortgages rose from 3.15 percent to 3.16 percent.

Leases/leasing contracts

-Jones Lang LaSalle has been appointed exclusive leasing agent for Lake Pointe II, at 8440 Allison Pointe Blvd., and Woodland Center I and II, 8275 and 8335 Allison Pointe Trail. The office properties total 215,961 square feet. John Robinson and Jimmy Clark are in charge of leasing the properties for Jones Lang LaSalle.

-Lovett Pallet LLC leased 72,490 square feet of industrial space at 217 S. Belmont Ave. The tenant was represented by Kelly Williams of Cassidy Turley. The landlord, Material Handling Exchange, represented itself.

-Aircom Manufacturing leased 35,000 square feet of industrial space at 2402 N. Shadeland Ave. The tenant was represented by Bart Book, Todd Vannatta and George Charbonneau of Cassidy Turley. The landlord, Shadeland South Business Park, represented itself.

-IDI Composites International renewed its lease for 9,750 square feet of industrial space at 3477 E. Conner St., Noblesville. The tenant was represented by Walter Freihofer of Freihofer Inc. The landlord, Kahlo III LLC, was represented by Bob Lindgren of Lee & Associates.

-American Mattress leased 6,315 square feet at North Willow Commons, 1410-1518 W. 86th St.  The tenant was represented by Jeff Haas of Julius M. Fineblum Real Estate. The landlord, Broadbent Co., was represented by Broadbent's John Beuoy.
 
-American Healthcare Group Inc. leased 3,500 square feet of office space at 2920 E. 96th St. The tenant was represented by Darrell Pike of Pike Real Estate Services LLC. The landlord, Jean M. Weber Trust, was represented by Darrin Boyd and Dave Moore of Cassidy Turley.

-Accelerated Health Systems leased 3,200 square feet at Fishers Town Commons, 8211 and 8235 E. 116th St., Fishers. The tenant was represented by Jonathan Sharp of HSA Commercial Real Estate. The landlord, Broadbent Co., was represented by Brian Broadbent.

-Game Time leased 2,638 square feet at Castleton Plaza, 6314-6398 E. 82nd St.  The landlord, Broadbent Co., was represented by Josh Broadbent. The tenant represented itself.

-Firehouse Subs leased 2,400 square feet at Brownsburg Village, 124 E Northfield Drive, Brownsburg. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, BVSC LLC, was represented by Jodi Milto of Midland Atlantic.  

-Atlas Family Dental leased 1,613 square feet at Raceway Crossing, 10934-10976 E. U.S. 36, Avon. The tenant was represented by Jim Austin of Revel Underwood.  The landlord, Broadbent Co., was represented by Brian Broadbent.

-Nutricion Y Salud leased 1,600 square feet at Lafayette Shoppes, 3840-3882 Lafayette Road. The landlord, Broadbent Co., and was represented by Brian Broadbent. The tenant represented itself.

-Runners Forum leased 1,547 square feet at The Shoppes at 141st Street, 14005-14099 Mundy Drive, Fishers. The landlord, Broadbent Co., was represented by Brian Broadbent. The tenant represented itself.

-Sweet Treats leased 1,400 square feet at Avon Crossing, 7900 E. U.S. 36, Avon.  The landlord, Cranfill Development Corp., was represented by Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.

-Bernard Health LLC leased 1,229 square feet of retail space at Nora Plaza, 1300 E. 86th St., Suite C-150. The tenant was represented by Andrew Clifford of Clifford Realty. The landlord, Ramco Gershenson Inc., represented itself.
 
-Eclipse Hair leased 900 square feet at Castleton Plaza, 6314-6398 E. 82nd St.  The landlord, Broadbent Co., was represented by Josh Broadbent. The tenant represented itself.

Sales/acquisitions

-NDF III Raceway Commons LLC bought Raceway Commons, a 32,748-square-foot shopping center at 55 S. Raceway Road. The price was not disclosed. The seller, First Financial Bank, was represented by Kevin Broderick and Matt Gray of CBRE. The buyer represented itself.

-Kirby Real Estate bought Pennwood One and Two, a 78,000-square-foot, two-building office complex at 11405-11495 N. Pennsylvania St., Carmel. The price was not disclosed. The buyer was represented by Keith Dedrick of Corporate Commercial Group. The seller, Zeller Realty Group, was represented by Rebecca Wells of Cassidy Turley.

-Spectrum Janitorial Supply Corp. bought a 64,000-square-foot industrial building at 5629-5739 Professional Circle. The price was not disclosed. The buyer was represented by Tony Hupp of Summit Realty Group. The seller, Massie Holdings LLC, was represented by Fritz Kauffman of Cassidy Turley.

Employers slow to act on health reform

Even though employers expect the U.S. Supreme Court to strike down at least some of the 2010 health reform law later this month, few are actually doing any contingency planning.

Fire heavily damages local apartments

About 24 units in a Noblesville apartment complex sustained damage after a fire broke out Sunday morning, causing an estimated $2.5 million damage. The fire broke out at the Deer Chase Apartments about 10:45 a.m. A preliminary investigation found the fire likely started in a convertible parked underneath a carport adjacent to the apartments. Authorities are looking for a male juvenile with a red bicycle who was seen in the vehicle about five minutes before the fire.
 

Girl drowns in west-side pond

An 8-year-old girl drowned Sunday night in a pond at the Bayhead Apartments on the far west side of Indianapolis. Wayne Township Fire officials pulled a child from a pond near 38th & Dandy Trail just after 8 p.m. Witnesses said the girl was trying to get something from the water when she slipped and fell in. Rescue attempts by neighbors were unsuccessful and divers spent nearly an hour before finding the girl in 10 feet of water.
 

Police officer badly hurt in crash

An Indianapolis police officer suffered critical injuries when a suspected hit-and-run driver pulled his car into the path of the officer's cruiser Sunday night, triggering a second crash with another vehicle. Police say the Officer Santos Cortez was responding to reports of hit-and-run crashes in a parking lot on the city's west side when the suspect’s car ran a stop sign and forced the squad car into oncoming traffic, where it was hit again by a pickup truck. The officer, who was ejected from the vehicle, has been upgraded to serious but stable condition. Jerrel Watkins, 27, was preliminarily charged with operating a vehicle while intoxicated resulting in serious bodily injury. The driver and a passenger in the pickup truck suffered minor injuries.
 

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.

Group pushing to make Center Grove a town

Citizens for Center Grove, a not-for-profit leading the effort to make the unincorporated area a town, is set to present its proposal at a public meeting Tuesday night. The new town would have roughly 29,000 residents.