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Bar program takes aim at loan debt: Legal aid attorneys can get relief

In 2037, Melody Goldberg will be 57 years old and eligible for membership in AARP. While the lawyer at Indiana Legal Services Inc. has difficulty relishing the thought, she can at least look forward to the time when she’s finally liberated of her student loans. But for now, Goldberg, 27, can take solace as well knowing she’s content at the public service job she enjoys without worrying about how she’s going to make her next loan payment. The 2006 graduate…

HUMAN RESOURCES: If you hire in a hurry, you may feel bad for a long time

Of all the components of finding and hiring the right employees, employers consider interviewing job candidates the most difficult. If not done well, interviews can lead an employer to make the wrong decision. Why? Because job candidates rehearse their answers to the traditional interview questions, telling the employers what they want to hear. However, if employers ask behavioral based questions, job candidates can’t manipulate their answers as easily. Perhaps a scenario-a composite taken from typical real-life episodes-will illustrate the difference…

As barriers drop, even small firms go global: Local company pushed its blood monitor worldwide

Here’s one way to send your company’s revenue through the roof: Push your product into 70 countries around the world. That’s easier said than done, of course. But it’s exactly the path Polymer Technology Systems Inc. took to help quadruple sales of its cholesterol-checking device in the last three years. How Indianapolis-based PTS pulled off the feat shows how even small companies in Middle America can become global enterprises in today’s economy. In fact, the possibility of worldwide expansion is…

RETURN ON TECHNOLOGY: Want young employees? Get young technology

I thought I’d explored just about every purpose to which computer hardware and software would lend themselves, but Neil Taflinger of Intake magazine tossed me a new one in the May 17 issue. Technology, he says, is a tool for retaining young employees. Could be, I suppose. Taflinger is one of those young employees he talks about, a real Gen X’er, so he might have some insight here. According to Taflinger, Gen X’ers partly judge any company they work for…

VIEWPOINT: When visionaries, bean counters collide

I am a dabbler. The upside of dabbling is that one gets involved in a number of diverse projects throughout one’s career. Some great successes, some galactic failures. Either way, the dabbler learns much about many things along the way. One of the lessons learned in a life of dabbling is the unlikely symbiosis between visionaries and bean counters. Like particles of matter and anti-matter in the universe, one cannot exist without the other. And yet, their uncontrolled collision can…

Horse track owners vie for control

Indiana’s two horse tracks could change hands as investors race to come up with the $250 million required to add thousands
of slot machines. The steep cost of a state license combined with the potential of a lucrative payoff has stakeholders in
Shelbyville-based Indiana Downs and Anderson-based Hoosier Park jockeying for position.

Chrysler plant redevelopment might be slowed by lien

An Indianapolis firm that helped haul away the demolished DaimlerChrysler Corp. foundry last year has placed a mechanic’s
lien on the automaker’s property, potentially complicating the sale of the 34 acres already challenged by environmental issues.

Phone providers eyeing small biz: Competition heats up to serve growing companies

It seems that, in the phone world, everybody loves small businesses these days. AT&T, central Indiana’s primary landline provider, is highlighting small-business offerings in its recently re-branded Cingular stores throughout the region. Cable company Comcast, meanwhile, is rolling out its small-business phone options over local lines and Bright House Networks plans to get in the game within a year. Then there are the scrappy, independent providers such as locally based Indiana Telephone Co. Inc., which have expanded their offerings to…

Benjamin to step down next year as ISU president

Lloyd W. Benjamin III today said he will step down as president of Indiana State University when his contract expires June 30, 2008. Benjamin has been president of the Terre Haute university for seven years. He said he and his wife have other personal and professional ambitions they’d like to pursue.

Bank leaving flagship corner

Flagstar Bank will likely vacate one of downtown’s highest visibility corners, at Meridian and Washington streets, later this year. Midland Atlantic is marketing the 3,500-square-foot space in 2 N. Meridian St. as an…

Two units pull down Cohesant profit

Cohesant Technologies Inc. today posted fiscal second-quarter profit of $77,835, compared with profit of $502,254 a year earlier. Revenue of $7.4 million was up from $6.8 million. The Indianapolis company, which makes pipes and coating products for the water and wastewater markets, said the most recent quarter was hit by losses in its rehabilitation, and […]

Land deal near Speedway to cater to motorsports

Crawfordsville Road Partners LLC has bought 19 acres at the southeast corner of Interstates 465 and 74 on the west side with visions of attracting motorsports companies and hotels. Terms were not disclosed. The location is expected to benefit from being situated between Indianapolis Motor Speedway and O’Reilly Raceway Park, according to Meridian Real Estate, […]

Purdue provost Mason named Iowa president

University of Iowa regents this afternoon named Purdue University Provost Sally Mason president in a move anticipated in media reports yesterday. Mason, 57, was passed over for Purdue president in May in favor of University of California Riverside Chancellor France Cordova. IUPUI Chancellor Charles Bantz also was among four finalists

UPDATE: Most Veolia jobs to be professional positions

About 70 of the 100 jobs Veolia Water plans to create in Indianapolis in a relocation of its Houston headquarters will be in finance, accounting, information technology, and technical and support services, and pay an average compensation of $100,000 a year. Although some of the positions will be transferred from Houston, most will be filled […]

Jefferson Plaza revamp underway

Downtown’s Jefferson Plaza is getting a facelift and a new name. Developer J. Greg Allen says he’s talking with three potential restaurants interested in opening on the first floor with outdoor dining…

UPDATE: Veolia Water headquarters could bring 100 jobs

The relocation of Veolia Water’s North American headquarters to Indianapolis from Houston will bring about 100 jobs, according to a source close to the announcement. Mayor Bart Peterson and Gov. Mitch Daniels have scheduled a news conference at 3:30 this afternoon to announce the relocation. Veolia Water manages all operations, maintenance and customer-service facets of […]

BREAKING: Veolia Water might move headquarters to Indy

Mayor Bart Peterson and Gov. Mitch Daniels have scheduled a news conference this afternoon at 3:30 to announce a “corporate relocation of North American operations to Indianapolis.” The news release about the announcement contains a file attachment labeled Veolia Water. Veolia Water is the Houston-based water division of Veolia Environment, which is based in France. […]

Bell Industries to sell some SkyTel assets

Indianapolis-based Bell Industries Inc. has agreed to sell some of its assets to Sprint Nextel Corp. for about $13.5 million in cash. The assets being sold represent stock ownership in certain wireless communications bandwidths that Bell acquired as part of its purchase of Jackson, Miss.-based SkyTel Corp., a wireless data and messaging company, in January […]

IU property sales could cause tech park to surge

Indiana University trustees are expected during meetings today and tomorrow to declare several properties near downtown Bloomington as surplus, and set about finding developers to take them over. The properties, which include buildings for food storage and printing services, could open the way for the city’s certified technology park to blossom with more life science […]

UPDATE: Wayne Taylor Racing chose Indy over Charlotte

Wayne Taylor Racing, which competes in the Grand American Road Racing Association, will expand into a new location at 7950 Georgetown Road and add 20 workers to the current nine, Indy Partnership said today. The move from Park Fletcher involves expanding manufacturing and engine development, and the new workers will be paid an average of […]