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I spent two days last week in Bloomington, visiting my alma mater. I walked tree-lined paths I walked 30 years ago, spoke from the front of an auditorium where I once faded into the middle-row masses, grabbed pizza for dinner with some journalism students and their professor. In my lectures, I told the undergrads how I got from there to here. How, at their age, I had no idea what I wanted to be when I grew up. How a…
Carmel has another appellate victory on the issue of annexation after an Indiana Court of Appeals ruling on Oct. 17. The state’s second-highest appellate court decided that the city adequately proved it could afford to annex part of a nearby community into its municipal borders, and that a Hamilton County judge erred in auditing a financial plan and ruling in favor of the remonstrators. The unanimous decision in City of Carmel v. Certain Home Place Annexation Territory Landowners, No. 29A04-0510-CV-578,…
Ducati, an Italian maker of sporty motorcycles, has opened a dealership at 4629 Northwestern Drive in Zionsville. It will debut Ducati’s most popular line of motorcycles, including the 2008 lineup of 1098, Hypermotard, Sport 1000 SE and many others, said Bill Carr, the local store’s general manager. Bill’s son, Matt Carr, is the service and parts manager. Matt, a graduate of Orlando’s Motorcycle Mechanics Institute, has raced motorcycles for more than 10 years. Matt is a Ducati- and Ohlins-certified mechanic…
Richard and Wendy Horn have had their share of separate real estate successes. Now, they’ve combined their corporate talents as a husband-and-wife team to lead an upstart senior housing developer. Richard joined The Stratford Cos. in May 2006 as chairman and CEO, and has since moved its headquarters from St. Louis to Indianapolis’ north side in Parkwood Crossing. He is known within commercial real estate circles as a former veteran of Duke Realty Corp., where he enjoyed a two-year stint…
“It’s sort of the last of the old-time car washes,” said longtime customer Turner Woodard, an Indianapolis businessman and antique car collector. “You can just sit there, read the paper and watch your car get washed … and dried by hand.” No question, Swancy’s is one-of-a-kind. It has been operating at 934 N. Senate Ave. since 1942. For 23 years before that, it was located on a long-vanished alley nearby. It has been owned by the same family for 88…
A north-side Marion County school district is reigniting the property-tax furor by rolling out a plan to spend as much as
$200 million on renovations and new construction. Washington Township is the first school district in the county to unveil
major capital projects since residents howled in protest last summer against property-tax increases that averaged 35 percent.
Indianapolis is poised to launch a bid
to attract USA Basketball’s headquarters from its Colorado Springs home. The not-for-profit national governing body for men’s
and women’s basketball in the United States recently put out a request for proposals for a new headquarters city.
Duke Realty Corp.’s $125 million Parkwood West development well may be the new trendsetter for future office complexes along the burgeoning north-side Meridian Street corridor. One West, a five-story, 186,000-squarefoot Class A office building, is the first of three structures rising from the Parkwood West project at the northwest corner of Meridian and 96th streets. The upscale design as well as the added amenities that include a parking garage-rare in the suburban market-could become the rule instead of the exception….
Here’s an idea. Let’s establish a chamber of commerce for whites only. Yep, just for “us.” Let’s join forces for further empowerment, more success and greater marketplace impact. It is time we came out of the closet and enjoyed the fruits that living white brings our companies, our employees, and our homes and families. Let’s call it the Indiana White Chamber of Commerce. We’ll get together to celebrate being white and to further our association, serve the community, enhance one…
The Indiana Court of Appeals reversed a trial court’s decision in a northern Indiana annexation case, citing a recent ruling on the subject from the Indiana Supreme Court. In the case, In the Matter of the Annexation Proposed by Ordinance No. 2004-11-38, et al. v. Chris Fetcko, et al., 45A03-0611-CV-549, the city of Crown Point appealed the trial court’s order granting the motion for involuntary dismissal filed by Fetcko and other remonstrators to a city ordinance annexing certain land. Crown…
B e a t e n – d ow n Anderson finally has some good auto-related news: Remy International Inc., headquartered in the industrial city of 60,000, is poised to survive- perhaps even thrive-thanks to a bankruptcy reorganization plan that halves its debt, along with other moves that make it more competitive. “Frankly, I think this is a great piece of information for Anderson,” Anderson Mayor Kevin Smith said of the company’s trip through bankruptcy court, which is expected to…
Leaders of small not-for-profits often are so concerned with day-to-day survival that they have little–if any–time to worry
about saving for the future. A growing number of local organizations are bucking that trend, taking a proactive approach to
build an endowment its leaders hope will result in more stable, predictable income.
Whose face is on the dime? It’s Franklin Delano Roosevelt. That’s no arbitrary choice. FDR had polio as an adult. He fought back and became governor of New York and then the only four-term president of the United States. For two decades, from 1938 forward, The National Foundation for Infantile Paralysis campaigned to fight polio epidemics. Each January, children and adults contributed to the national “March of Dimes” to raise funds for research and treatment. FDR was the symbol of…
Here’s a new strategy to control spiraling drug prices: multilevel marketing. That’s right. A new company called NuLegacy International LLC is deploying the tactics of Amway Corp. to give Americans-particularly those without health insurance-a break on prescription drug costs. The Texas-based company’s key selling points? Its cards are free. And they’re good for potentially large discounts off the full price of prescription drugs. Drugstores, in theory, get a higher volume of customers because of the discounts. “The timing is now,”…
Little more than a decade ago, Bastian Material Handling had annual sales of less than $35 million. Since 2000, its revenue
has doubled, to $80 million, and its business interests don’t just cross the state, they circle the globe.
The return of Dunkin’ Donuts to the metropolitan area last month gave java lovers here their first whiff of a brewing coffee war. The Boston-area-based chain’s Carmel location is one of 80 franchised stores slated to open within the next eight years. Its re-entry into the market is part of a national campaign to more than double the number of its 6,000 locations by reinventing itself to challenge Seattle’s Starbucks. Dunkin’ Donuts is rolling out concept stores with hipper furniture…
Machine shops, the places where machines carve chunks of metal into parts used in everything from prosthetics to hydraulic pumps, are enjoying some of their best times in a decade. Industry observers say the companies are more financially sound than they’ve been since the ’90s, and that they continue buying equipment to make themselves more […]
Steven J. Beck has joined the Chicago-based commercial real estate and investment firm Geneva Capital Group as managing director of its office in downtown Indianapolis. Beck most recently was involved in helping raise a seed-capital fund called IVC Equity Partners. Prior to IVC Equity Partners, he launched and was president of the Indiana Venture Center, […]
Chicago-based Select Snacks Co. Inc. has told state officials in Indianapolis that it might close its Jeffersonville plant in December. About 245 jobs are at stake, according to The Courier-Journal of Louisville. A buyer is interested in the plant, which has been put up for sale as part of the company’s Chapter 11 bankruptcy reorganization, […]
The rising tide of mortgage foreclosures will result in an increase in complaints about real estate agents, the chairman of the Indiana Real Estate Commission told The Times of Munster in an interview. Tim Reed, a Valparaiso agent who has been a commission member since 1992 and the chairman since 1998, said many homeowners don’t […]
