New renderings of Lucas Oil Stadium
The state has released new renderings of Lucas Oil Stadium that more accurately reflect the brown brick color. What do you think?
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Fort Wayne company buys Indianapolis electronics firm
Riverside Manufacturing Inc. of Fort Wayne has acquired Transportation Safety Technologies Inc., an Indianapolis maker of wiring harnesses, sensors and other electronics for trucks and emergency vehicles, the companies plan to announce today. Transportation Safety Technologies is near downtown on the northeastside and was owned by Arcapita, a Bahrain-based investment firm with an office in […]
Indy night life thrives in spite of state, report says
Chicago Tribune travel writer Alan Solomon says Indianapolis’ resurgence has become old hat, but that a recent trip was revealing nonetheless. “What’s astonishing is, while other Midwestern cities continue to struggle, Indianapolis has become a worthwhile destination while still being surrounded by Indiana,” Solomon said. “It’s not anything like Muncie. Not anymore.” Several downtown bars […]
St. Francis gears up for expansion
Construction is set to begin soon on a 417,000-square-foot addition to the Indianapolis campus of St. Francis Hospital (Beech Grove campus is shown here). The $200-million project is slated for completion…
After 16 months, storm repairs wrapping up
It’s taken contractors 16 months, but repairs to thousands of central Indiana houses and cars following storms in March and April of last year finally are winding down. Marc Fairchild, vice president of claims at Indiana Farmers Mutual Insurance Co. in Carmel, said only 10 of the 4,330 claims his firm logged remain open. “It […]
Book printer to add 100-plus jobs near Fort Wayne
Courier Corp. plans to announce this afternoon that it will create more than 100 jobs in addition to the 500 now working at its book publishing operation in Kendallville north of Fort Wayne, a source familiar with the expansion said. A public company headquartered in North Chelmsford, Mass., Courier has 10 locations that publish educational, […]
Buy corn, other ag products, investment firms preach
Corn-Indiana’s top agricultural crop-is a better investment than oil, copper and other commodities, Goldman Sachs and other Wall Street firms are telling clients. Agricultural products are more likely to withstand a global economic downturn because people still have to eat, according to a Bloomberg report. Consumers in China and other emerging Asian markets will continue […]
CHRIS KATTERJOHN Commentary: IBJ’s Enterprise Award hits 25
Giving out awards can be a tricky business. To wit, news broke Aug. 13 that CEO Peter Dunn has left Steak n Shake, a company we honored in 2005 with our annual Enterprise Award. A good chunk of the credit in our article profiling the company two years ago was directed at Dunn, an MBA and food-industry veteran who had energized the company with a philosophy that was producing results. Now he’s gone. Do his departure and a decline in…
IN THIS ISSUE:
I N T H I S I S S U E FOCUS:Insurance&BenefitsQuarterly19-24 Employerslooktohealthsavingsaccountsforpremiumrelief19 OneAmericaingoodpositiontogrowthroughacquisition19 NOTSTRICTLYBUSINESS45-47 15 A&EbyLouHarry:FringecharacterspopulateaFringeFilmhighlight45 Dining:FritesatBruggeBrasserie45 FunnyBusinessbyMikeRedmond:TheWorldofTomorrowhovers,preparestoland46 SportsbyBillBenner:Plentytochewonforsportsfansofeverystripe47 PERIMETER15-18 HendricksCounty:Brownsburgluresdrag-racingfirms15 45 BehindtheNews:Andrews4OPINION & EDITORIAL HowmortgagemeltdownsankOakStreet,Commentary:ChrisKatterjohn10othersIBJ’sEnterpriseAwardhits25 EconomicAnalysis:Barkey28AEditorial10 PartingthoughtsonIndiana’sstrengths,Dunnexitshowsboarddoingjobweaknesses EyeonthePie:Marcus11ClassifiedsandInternetDirectory34-35LifegoesondespitepropertytaxesPeople18Viewpoint:DeborahJ.Daniels11ReturnonTechnology:Altom32Helpingex-offendershelpsallofusSavingprinterpaperdoesn’tsavemuchmoneyRECORDS SmallBusinessProfile40Calendar33FundRaising41It’sadog’slifeConventions33InRecognition41 LISTS LargestIndianapolis-AreaRetirementSTOCKS Communities26Investing:Hauke28LargestIndianapolis-AreaAssisted-LivingDominoeffectworsenedwoesinsubprimeFacilities37market ProxyCorner:IrwinFinancialCorp.31 COMPANY INDEX This index does not include companies mentioned in letters to the editor, lists, charts and records. The page numbers listed refer to the pages where articles begin. 3S Karting Supply ………………17 Conseco Inc……………………….30 Interactive Intelligence Inc……10 Precedent Commercial 96th Street Steakburgers……….1 Crowe Chizek…
Parties choose sides over federal insurance oversight: Indiana commissioner, Indianapolis-based National Association of Mutual Insurance Companies favor compact
Insurers are split in their support of legislation that could significantly alter the way they do business by creating a federal agency to regulate the insurance industry. The National Insurance Act of 2007, introduced by Reps. Melissa Bean, D-Illinois, and Ed Royce, R-California, would let insurers choose whether to be regulated by the new system or continue to receive oversight from the states. The current way in which insurers are regulated gives the states authority to set industry standards. The…
Cummins cleans up with diesel
Less than a decade ago, diesel engines were viewed as loud pollution machines punching holes in the ozone. Now their cleaner,
quieter cousins are powering a resurgent Cummins Inc.
DogDayz Playhouse & Retreat LLC: It’s a dog’s life Canine day camp offers hotel-like comfort
When Gabi comes to work, she enters a room with food and toys before walking down a winding hallway to greet her guests. The friendly welcome she receives could be due to her soft, black hair or her mellow charisma, but her happy tail wag is probably a factor, too. Gabi is “head dog” at Noblesville-based DogDayz Playhouse and Retreat. Her human companion, Brian Cottrell, launched DogDayz in 2003 to offer other pet lovers the kind of services he wanted…
RETURN ON TECHNOLOGY: Saving printer paper doesn’t save much money
At one company I know, the head of information technology took note of rising printing costs and took decisive action. He immediately asked everyone to start printing on both the front and back of each printed sheet. Every time I saw people in meetings flipping pages up and down trying to read front-and-back, I wondered if he’d done the math, because it’s highly probable he didn’t save much at all. The big cost in copiers and printers isn’t paper, but…
Noble Roman’s rebuilds empire through franchising
Noble Roman’s Inc. stock this year has been rising nearly as fast as its pizza dough, defying skeptics who’d written off the
long-ailing Indianapolis company. With a new business strategy built on franchising and dual-branded restaurants, Noble Roman’s
has seen quarter-to-quarter earnings increase for more than two years.
Steak n Shake expects ‘rebuilding year’
Steak n Shake Co. CEO Peter M. Dunn analyzed and measured just about everything at the restaurant chain, from drive-through
times to employee turnover. All that research and testing was welcome when the company was thriving a few years ago. But the
lack of evidence that all the analysis was paying off eroded Wall Street’s confidence in Dunn.
FUNNY BUSINESS: The World of Tomorrow hovers, prepares to land
It’s a hovercraft, the M200G from the fine folks at Moller International of Davis, Calif. It has eight rotary engines that create enough oomph to lift the thing about 10 feet in the air, just high enough to zoom over traffic and crack your head on a stoplight. Which, let’s face it, would add a much-needed element of comedy to the average morning commute. But anyway, about the car: It’s about time. I’ve been waiting for this thing since I…
EYE ON THE PIE: Life goes on despite property taxes
Miss Sugar repeated her dominance of the candy- and cakeeating contest at the Indiana State Fair. “Ya gonna write about property taxes again this week?” she asked as we rode the Ferris wheel high above the fairground lights. “I should, but I can’t,” I said. “My mind fades out when the topic comes up.” “So whatcha gonna write about?” she asked, chewing her taffy vigorously. “Plymouth,” I replied. “Da rock or da old car?” Miss Sugar asked. “The city in…
How mortgage meltdown sank Oak Street, others:
Just three years ago, Steve Alonso was at the top of his game. The veteran mortgage banker was a finalist for Ernst & Young’s Indiana entrepreneur of the year award, and his fast-growing company, Oak Street Mortgage, was ready ing for a $150 million initial public offering. Investors should feel fortunate the IPO never happened. Today, Oak Street sits in the evergrowing scrap heap of firms that failed amid the meltdown of the subprime-lending market. “I think we built a…
Nurse shortage feeds online-training startup
By the year 2020, the United States is expected to face a nationwide shortage of at least 1 million nurses. Fishers-based
Orbis Education Services Inc. CEO Dan Briggs sees a potential profit center. Founded in 2003, IT startup Orbis aims to provide
the link between universities and hospitals for online delivery of nursing courses.
Power broker Miles calling shots again in city
In the less than two years since Mark Miles, 53, took over the CEO-driven Central Indiana Corporate Partnership in 2006, he’s
transformed it into an economic development powerhouse for life sciences, information technology and advanced manufacturing.
How so fast? He started networking with Indiana’s political heavyweights more than 30 years ago. And he never stopped.