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Young architect honored for design of orphanage: Cluster complex plan wins international competition

Chunsheh Teo is a driven man. The 28-year-old sometimes works long days as an architectural graduate at Ratio Architects Inc. and spends his off time building furniture for the home he and his wife recently purchased in Irvington. On a recent weekend, he built a new fence for the yard. Oh, and he also enters international design competitions in his down time-about seven in the last three years. “It’s just kind of a fun thing to do,” Teo said. At…

Church reborn as art gallery: Restoration turns rundown, 112-year-old building into stunning ‘Sanctuary’ for popular local artist

Most people who hire Everett Barnard are looking for him to make something new look old. Barnard, as his clients tell others, is a genius at remodeling a modern kitchen or an entire home into a throwback from the Neo-Greco era. But one of his most recent projects involved remodeling a 112-year-old former Methodist church into a new art gallery while restoring and retaining as much of the structure’s late-19th-century look and feel as possible. Barnard doesn’t just make things…

Lilly decides to self-insure for product liability

Eli Lilly and Co. has picked an insurer it knows extremely well to cover future problems in the high-stakes world of product liability litigation–itself. The Indianapolis drugmaker opted for self-insurance after struggling to find coverage in what it terms a “very restrictive insurance market.”

156-year-old Clabber Girl rolls out new products

The 156-year-old Terre Haute company that quietly churned out nothing but its trademark baking powder for more than a century is now serving notice to General Mills’ Bisquick and other well-known brands that the status quo is dead.

NOTIONS: A travel dispatch from somewhere over the rainbow

The sun is setting, the pavement damp, and dark clouds dance across the San Juan Mountains as we turn onto U.S. Highway 550 and drive north toward Durango. As if there weren’t enough beauty in this peak-filled paradise, Nature’s earlyevening sideshow features a fully arced double rainbow, quite the welcome sign to a late-summer vacation. I suppose you could write off a double rainbow as a mere meteorological phenomenon. I suppose I could, too. But it’s more fun to wonder…

CHRIS KATTERJOHN Commentary: ‘Pop’ group: Cosby, White & Dungy

CHRIS KATTERJOHN Commentary ‘Pop’ group: Cosby, White & Dungy Bill Cosby, Eugene White and Tony Dungy are a pop group of a different kind. They are out and about these days calling on men to be better fathers. Comedian Cosby was in Baltimore late last month urging fathers to help raise their kids. “This is a great evening because we’re calling on men to come claim their children,” Cosby said to the crowd. “And that’s part of being a man….

First Internet’s acquisition is no run-of-the-mill bank:

BEHIND THE NEWS First Internet’s acquisition is no run-of-the-mill bank Bank mergers happen all the time in Indiana, but this one is about as unique as they come. The buyer, Indianapolis-based First Internet Bancorp, was one of the nation’s first Web-only banks when it opened its doors in 1999. Today, it’s among the top five in that field, with assets topping $445 million. The seller is Indianapolis-based Landmark Financial Corp., parent of Landmark Savings Bank. Landmark Financial, with assets of…

ECONOMIC ANALYSIS: Strong economy draws out plethora of spending plans

If you ever want to satisfy your curiosity about recessions and business cycles, travel over to the Web site of the National Bureau of Economic Research. It has recorded and documented every downturn and uptick in the U.S. economy since 1857. And over that century and a half, the bureau has noticed certain regularities to the boom and bust of the economy around us. In the first stages of recovery from a recession, for example, it is quite common for…

Dolphin trainer keeps busy in and out of water

Valerie Hollowell always has known she wanted to work with dolphins. After all, trips to Sea World were highlights of her childhood. But now that she's a senior marine mammal trainer, she knows the seemingly glamorous job she watched from the stands is more than wet suits and whistles.

BULLS & BEARS: Move over, value stocks; it’s time for growth to shine

A comic named Irwin Corey, who calls himself the Professor, once said, “If we don’t change direction soon, we’ll end up where we’re going.” You had better open up your statement and listen to the Professor, because where your stocks are going might not be where you want to end up. If you have a big position in a value stock, or value mutual fund, it’s time to make some changes. It’s time to increase your exposure to good, old…

Colts plan to let sponsors decorate portions of stadium

The Indianapolis Colts are giving sponsors a chance to help design the interior of Lucas Oil Stadium. The newly announced sponsorship packages, which parcel out naming and design rights for 12 parts of the stadium, are expected to generate up to $10 million a year for the franchise.

VOICES FROM THE INDUSTRY: Interviews can work, but they often need improvement

“You will have 30 minutes.” Most project interviews begin with those five words. Design firms usually get 30 short minutes to persuade prospective clients to hire them for a project. Often, when all is said and done, both the designer and prospective client for the project, however, the guy sold his firm and retired to Florida. The interview certainly can make a difference, as it did in these three cases (although mostly for the wrong reasons). But most marketing experts…

Suburban Steel of Indiana: Building a business

Agrowing demand for new homes with basements featuring wide-open recreational spaces has created niche businesses even beyond home-theater specialists-like Suburban Steel of Indiana. Suburban Steel customizes structural steel for building projects, mostly residential, at its 20,000-square-foot workshop on Indianapolis’ far-southwest side. In a way, it might be considered the metalworking equivalent of a fast-food joint, where customers always “have it their way.” “A builder can call at 1 p.m. and we’ll have it for him the next day,” said Mark…

INVESTING: Watch out, mutual funds-a competitor eyes your turf

Mutual funds became truly dominant in the early 1980s when our government strengthened the 401(k) rules. Most 401(k) plans do not allow participants to buy individual stocks, or much of anything besides mutual funds. So these massive institutions are supported by legions of workers mechanically depositing small amounts every month. The gig has gotten even better for the fund providers over the last 25 years because 401(k) participants have developed habits of doing almost nothing with their money after they…

IPL seeks to expand green plans

Electric customers would gain new payment options and more access to “green power,” and Indianapolis Power & Light would have more opportunities to profit, under a plan the utility filed Aug. 23 with state regulators.

VOICES FROM THE INDUSTRY: City must continue to encourage public-art projects

Since 1821, when Alexander Ralston first began incorporating spaces for public art in his design of Indianapolis, the city has been able to maintain a strong tradition of public art. Today is a good time to evaluate what must be done now to sustain and enhance that 185-year tradition. Public art also bolsters an area’s economic value and makes it more appealing for investors. Outside businesses looking to relocate a branch or headquarters will look more favorably on a community…

FUNNY BUSINESS: Planetary restructuring hits Pluto where it hurts

Poor Pluto. One day it was spinning through the galaxy, meandering around the sun at a stately 248.54 Earth years per lap, rotating in the wrong direction as compared to the other planets, minding its own business, and then-Bam! It got downsized, reclassified as a planetelle or planetina or planette, whatever they’ve decided to call it. Reminds me of some businesses I know. One day everything’s A-OK, to use space parlance. Next thing you know, Pluto is putting all the…

NFL Combine is likely here to stay: Organizing firm moves headquarters to Indianapolis

Local officials have lured another sports-related company here and taken a huge step in assuring the NFL Scouting Combine stays in the city long term. National Football Scouting and sister company National Invitational Camp, which operates the Combine for NFL team owners, moved its headquarters in August from Tulsa, Okla., to Indianapolis. NFS and NIC moved into the Pan Am Plaza office building, across the street from the RCA Dome, where it has held the Combine since 1987. NFS also…

Charities reap aid, confusion from new federal law: Pension Protection Act opens new avenues for giving

A new law signed last month by President Bush should open the valves to a fresh stream of charitable giving by allowing people to make tax-free donations from their IRAs for the first time. But philanthropy insiders say that, while the law gave, it also hath taken away. The Pension Protection Act encourages contributions from individual retirement accounts, but it crimps the use of popular donor-advised funds, which allow donors to maintain some control over how their contributions are spent….

Former Mays exec grows business of his own: Thompson gains notice in local construction industry

If it weren’t for an article that appeared in The Wall Street Journal more than 20 years ago, John Thompson likely would have never come to Indianapolis and ultimately start his plumbing and electrical supply distributorships. Thompson, 52, launched Thompson Distribution Co. Inc. in 2001 after purchasing the old Mutual Pipe & Supply company in the 2200 block of North College Avenue. Two years later, he founded First Electric Supply Co. Inc. at the same location. Mutual brought in $1…