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ExactTarget Inc., one of Indiana’s highest-profile software firms, says in a new regulatory filing that it plans to raise $86 million in an initial public offering. The e-mail marketing firm is the second Indianapolis software company in recent months to file to go public. In September, Aprimo Inc., which helps companies manage marketing efforts, said […]
Columbia Sussex Corp.’s ability to renew its license to operate the Casino Aztar riverboat in Evansville could hinge on a couple of words and their definitions, according to the Evansville Courier & Press. Evansville Mayor Jonathon Weinzapfel says the Indiana Gaming Commission should yank the license held by the Fort Mitchell, Ky., company because New […]
Eleven years ago, AT&T/Lucent Bell Laboratories announced it was closing its wired consumer product design division in Indianapolis and consolidating operations in New Jersey. That left about 90 employees here with a choice: Move or find another job. Most went or joined other companies. But 34 decided to stick together and start their own business here-Indesign LLC. Today, the high-tech electronic design and development company near Fort Benjamin Harrison is a $6 million-a-year business with 53 employees and clients that…
I am going to chat with Angelo Pizzo, author of the best sports film of all time. Pizzo is the writer and coproducer of feature films “Hoosiers” and “Rudy.” He and I will debut “Mickey’s Corner,” a project patterned after TV’s Bravo Network program “Inside the Actor’s Studio.” The conversation will happen Jan. 16 at 7 p.m. at the Jewish Community Center, 6701 Hoover Road. Why don’t you drop in? Pizzo grew up in Bloomington and stayed home for his…
When Jim Cotterill became president of the newly formed Hoosier Christian Foundation in August, it capped off six years of
soul-searching for the Indianapolis entrepreneur. Cotterill represents growing numbers of local business professionals who
have diverted their time and talent to charity and service.
Are Indiana bank stocks on sale? Performing a cursory analysis on the list to the right of this column, an investor could answer that question with a qualified yes. It is noticeable that the Indiana stock list is populated with a good number of small com- banks. of these bank stocks pay attractive dividends, sell below their book values, and are trading at prices near multiyear lows. For example, there is River Valley Bancorp of Madison. River Valley’s stock is…
The deadly shooting spree at a Nebraska mall this month highlighted a challenge confronting Simon Property Group Inc. and other shopping center operators: how to protect their properties from violent acts, or even terrorism, while also leaving them welcoming to shoppers. Most retail real estate owners have ramped up security since the 9/11 terrorist attacks, though experts say shopping centers, like schools, remain “soft targets” for terrorism. “Shopping center owners have been very concerned about security for their patrons for…
Tiny Helmsburg in rustic Brown County is a rural hamlet that is so small outsiders might not even realize they’ve passed through it. So it’s no surprise that one of Indiana’s best-kept secrets is headquartered there, in an old school building that, appropriately, masks its identity. For Bare Feet has been knitting socks for 21 years and has amassed an impressive array of clients. It’s a league-licensed producer of socks, headbands and wristbands for the four major sports leagues: Major…
Just so you know, I already had decided to revisit the Indiana Pacers this week. At the quarter post of the marathon that is the NBA season, the Pacers were performing admirably and above most expectations. They had knocked off Utah and Dallas. They had won three of four games on a West Coast trip, including a victory at Denver. They scored a huge road victory over the rapidly rising Eastern Conference power, Orlando. That left them at .500 through…
Carol D’Amico, president and CEO of the newly formed industry advocacy group Conexus Indiana, is intent on boosting the visibility
and growth of the logistics industry. Large though it is, it’s also relatively ambiguous and sits in the shadow of the state’s
much-vaunted life sciences industry.
Christopher P. White is arguably the city’s most daring real estate developer. But an IBJ review of hundreds of pages of public
records shows White and his Premier Properties USA Inc. are facing major financial and legal challenges.
In recent months, MZD Advertising has landed six new clients, launched three new divisions and opened two new facilities. Despite the retirement of two of the three partners that make up the ad agency’s acronym moniker, MZD will not have a new name. When Harry Davis retired this year-following Robert Montgomery’s 2005 retirement-some within the industry speculated that remaining namesake principal Allan Zukerman might choose to change the firm’s name. “We have a lot of equity built up in that…
The recommendations of the Shepard-Kernan report are a tonic to anyone who cares about local government efficiency and improved local services. The commission r e c o m m e n d e d changes to the way Indiana’s government provides local services. Our current system looks much like a pre-statehood government, where services are provided in a disconnected fashion with budgetary decisions answerable to state bureaucracies, not local voters. It is this organization of government that has caused much…
Back in 1992, when I was a board member of Historic Landmarks Foundation of Indiana, then-president Reid Williamson invited me to walk through a building slated for demolition. Given my passion for cars and history, Reid knew I would be intrigued by the place where the Stutz Motor Car Co. once manufactured the Bearcat and Torpedo Roadster. And I was. But it wasn’t just the longvacant Stutz Building’s legacy that got my attention; it was also its potential. Yes, the…
No wonder investors are jittery. The housing slump is stinging companies of all stripes these days, even those that would seem to be safe havens. A case in point: mall developer Simon Property Group Inc., which surprised investors this month by announcing it was taking a $26 million charge to write off its entire investment in what was to become a huge Arizona housing development. “Frankly, we had forgotten they had this Arizona thing,” said Lou Taylor, an analyst with…
While Hershey, Pa., may be considered the chocolate capital of the United States, Indianapolis is home to one of the fastest – growing and most fascinating makers of the sweet treat. Though it was founded in Oregon in 1993, Endangered Species Chocolate Co. has achieved most of its growth since being acquired and transplanted to Hoosier soil in 2005 by Wayne Zink and Randy Deer. Curt VanderMeer joined the company shortly after it came to Indianapolis; he became the third…
One hundred and one years ago, Cole Stickle convinced the Langsenkamp family to help him start a company based on a
technology few understood–turning water into steam power. Five generations later, the 15-employee operation continues to
thrive.
As high-density residential construction booms in downtown Bloomington and sprawl continues in surrounding Monroe County, a new development is offering an old-school alternative. The South Dunn Street development will include 38 bungalows, four squares and 1-1/2 story cottages-the same early 20th-century styles that occupy the rest of the surrounding Bryan Park neighborhood. Deep front porches fill much of the small front yards. There are no driveways in the front, only alleys in the back. Three street-front commercial buildings will create…
I love this time of year … the lights, the music, the hustle and bustle of shoppers rushing from optometrist to optometrist trying to use up their flex spending money before the year runs out. And then there are the holiday greetings. How meaningful and thoughtful they are, especially the ones that begin, “Due to lower-than-expected performance in the first three quarters, the traditional holiday bonus will this year be replaced with the enclosed certificate good for 50 percent off…
For me, shopping at any time, any place is an ordeal. However, from time to time, I am pressed into service by our household purchasing agent. My role is either to be a surrogate buyer or just the designated driver/hauler. When a surrogate I am sent out with lists of desired substances. These lists might work for a less conscientious, or more sophisticated, person. After all, five pounds of sugar or flour can mean only just that. However, I find…
