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Ratio building go-to reputation: Convention Center expansion latest notch in firm’s belt

As the Final Four approaches, it seems fitting to relive in basketball terms how Ratio Architects Inc. came off the bench in dramatic fashion to save a high-profile downtown project after the star had fouled out. The Indianapolis-based architectural firm played that role in 2004 after sketches from the original out-of-town architect designing the downtown headquarters of Simon Property Group Inc. failed to impress corporate executives. Ratio had one week to deliver, and did. But while the firm’s portfolio is…

VOICES FROM THE INDUSTRY: Our biggest management challenge: communication

When I was promoted to president and chief operating officer of our firm a couple of years ago, I was not totally aware that directing a staff in a service business has special requirements you can’t appreciate until you are actually in the role. I assumed that I would go on working Fortunately, my company has a board of directors that includes Tim Baldwin, a management professor at Indiana University’s Kelley School of Business. His counsel has been invaluable in…

Once-hot cooler company’s new owners trying to rejuvenate business

After almost 60 profitable years that saw Elliott-Williams Co. install walk-in refrigerators and freezers in almost every
Indiana school, hospital and hotel, the venerable firm was brought to its knees last year. But an unlikely savior, a new locally
based venture capital firm, bought EW out of bankruptcy for $507,000, about the cost of 10 EW walk-ins.

Observers like Ivy Tech choice

Ivy Tech Community College’s choice of businessman Tom Snyder as its new president bodes well for Indiana’s health care and manufacturing industries, observers say. The school’s nursing program will greatly benefit in part because Snyder served on the board of St. John’s Hospital in Anderson before it was acquired by St. Vincent Health several years […]

Man walking on downtown building surrenders

Thousands of downtown pedestrians gathered along Pennsylvania and Market streets, lined a nearby parking garage rooftop and stared through office windows about 10:30 a.m. today as a man threatened to jump from the top of the building on the northwest corner of Pennsylvania and Market. He was described by police officers as a man in […]

WellPoint slapped with fine in California

California state regulators have fined WellPoint Inc. unit Blue Cross of California $1 million for “routinely” canceling health insurance coverage for people who got pregnant or sick without determining whether the cancellations had merit, The Los Angeles Times reported today. Indiana-based WellPoint disputed the findings, the Times said. The article also said the California Department […]

Jischke to be a Hoosier in retirement

Purdue University President Martin Jischke and his wife, Patty, have bought a condominium in West Lafayette as they anticipate his retiring June 30 after five years at the post. The Chicago-area native said he plans to retain his board appointments, including Evansville-based utility Vectren Corp., and devote time to favorite charities, particularly causes related to […]

Former Remy exec named Ivy Tech president

Thomas J. Snyder, the former president of Anderson-based autoparts supplier Remy International Corp., will succeed Gerald Lamkin as president of Ivy Tech Community College. Snyder was chosen over the other finalist, Thomas D. Klincar, a commandant at Community College of the Air Force at Maxwell Air Force Base in Alabama. The process was marred over […]

Ethanol, electricity plants slated for Pike County

A Nevada company said today it has chosen Pike County in southwestern Indiana as a location for an 50-million gallon ethanol plant and a 30-megawatt electric power generating facility. Ripatti Group, based in Reno, said heat and electricity created by the power plant would operate the ethanol plant, with the balance of the electricity to […]

Redcats to invest $21M in Indianapolis plant

Redcats USA will spend $21 million over several years to upgrade its clothing-catalog operation on Southeastern Avenue, the New York company and Indiana Economic Development Corp. said today. Forty-two jobs will be added to the 1,000 Redcats employs at the site and a warehouse in Plainfield. The improvements include computers, equipment and facilities. Redcats received […]

Study: flu pandemic would hammer Indiana

Indiana’s economy would shrink nearly 5.9 percent if a severe flu pandemic broke out, according to a report released today by Trust for America’s Health, a Washington, D.C., not-for-profit. That would be the 10th-worst impact among states, the organization projected. In dollars, the setback would amount to $14 billion. The report went on to say […]

Terre Haute official worried about Pfizer insulin project

The president of Terre Haute Economic Development Corp. wants to look deeper into Pfizer Inc.’s troubles with its new inhaled insulin before Vigo County officials complete their offer of $4.5 million in tax-increment finance incentives for the plant that makes the product. Steve Witt told the County Council it would be “good business” to learn […]

PERF diversifies another $50M

Indiana Public Employees’ Retirement Fund has launched a $50 million fund as it continues to diversify its $16.1 billion in assets into alternative investments. Investment Fund A increases the Indiana Investment Fund that PERF created last year to $155 million. In August, PERF decided to diversify 15 percent, from 5 percent, of its $16.1 billion […]

Berry Plastics to build Evansville warehouse

Evansville-based Berry Plastics Corp. will build a 600,000-square-foot warehouse and add 49 jobs in Evansville, Indiana Economic Development Corp. said today. The jobs will be in addition to the 1,200 already working at its headquarters and manufacturing operations in the southwest Indiana city. Berry announced March 12 that it had merged with Covalence Specialty Materials […]

AM General expanding headquarters offices

AM General Corp., which makes the Humvee military vehicle and H2 consumer sport-utility vehicle, is adding 17,600 square feet to its cramped, 35,000-square-foot headquarters in South Bend. The additional training facilities and meeting rooms will make more space for working on projects, according to the South Bend Tribune. Few new jobs in addition to the […]

Greensburg in running for Honda service firm, 400 jobs

A company that services Honda Motor Co. plants is considering Greensburg and at least one other Indiana site for an expansion that would create 400 jobs, according to the Greensburg Daily News. Vicki Kellerman, who heads economic development in the city between Indianapolis and Cincinnati, said several states are competing for the company in one […]

UPDATE: Neighbors want new buyer for Crown Hill land

Mann Properties won’t be allowed to develop 71 acres of Crown Hill Cemetery into homes and retail after a 4-3 decision this afternoon by the Metropolitan Development Commission. The decision to deny a rezoning request cannot be appealed. Mann offered $5.6 million for the tract of woods and wetlands at the north end of the nation’s third-largest private cemetery. Crown Hill planned […]

BREAKING: Mann proposal to develop Crown Hill denied

Mann Properties’ request to develop 71 acres in Crown Hill Cemetery into residences and retail was denied this afternoon on a stinging 4-3 vote by the Metropolitan Development Commission. The decision cannot be appealed. Mann offered $5.23 million for the tract of woods and wetlands at the north end of the nation’s third-largest cemetery. Crown […]

Showdown tomorrow over Ivy Tech presidency

Trustees of Ivy Tech Community College might choose a new president for the college at their meeting tomorrow, though it’s unclear whether controversy over their passing over Executive Vice President Carol D’Amico for the job will derail that timetable. The trustees are meeting in private session at 1 p.m. at the Conrad Indianapolis downtown to […]

Crown Hill decision could come this afternoon

The Metropolitan Development Commission is meeting at 1 p.m. to determine whether Indianapolis-based Mann Properties can buy 71 acres in Crown Hill Cemetery and develop the wooded tract into retail and residences. Crown Hill wants revenue from the sale to help maintain the historic cemetery, but some neighborhood groups oppose the project. The decision has […]