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Have Colts already outgrown new stadium?: Team has long waiting lists for suites, season tickets

Escalating demand for corporate entertainment space during Indianapolis Colts home games has team owner Jim Irsay wondering whether Lucas Oil Stadium should have been built with more luxury suites. “Quite frankly, I wish we built 30 or 40 more suites,” Irsay told IBJ during a recent interview. There’s good reason to think the Colts have outgrown the stadium-even though it’s still four months from completion. The Colts long ago sold all 142 suites for the venue, and have a waiting…

VIEWPOINT: Is Indiana prepared for recession?

Each day, the headlines are filled with r e c e s s i o n – r e l a t e d news. Some predict a pending recession, while others outline pre-emptive actions of the Federal Reserve, Congress and the president. During the 2000-2002 recession, Indiana did not perform well. Indiana lost more jobs than the national average, and its recovery lagged behind the nation’s. In fact, Indiana’s jobs still have not recovered to the pre-recession level. If…

Zoobilation sells out fast despite $200-plus admission

Far from the typical rubber-chicken fund-raiser attended mostly by board members and their friends–Zoobilation, the 22-year-old,
annual black-tie fund-raiser for the Indianapolis Zoo–attracts 4,300 ticket holders eager to spend an evening wining and
dining at the zoo.

SURF THIS: ‘Deadliest’ show catches fans-on TV and online

You’re either with us or against us. In this case, “us” refers to those who are just a little hooked on Discovery Channel-the huddled masses who quietly fret that Mike Rowe might run out of “Dirty Jobs” or who are inexplicably fascinated (and, yes, repulsed) by “Verminators.” Or the pseudo-quasi-science geeks who occasionally plan their nights around “Smash Lab” and bemoan the change of hosts for “Mythbusters.” You know, us. For some of you, that paragraph was met with nods,…

EDITORIAL: Leadership has its rewards: Health info exchange is exhibit A

Leadership has its rewards Health info exchange is exhibit A Being the best isn’t everything, but it goes a long way when you’re trying to attract money and expertise. That’s why it’s significant that the Indiana Health Information Exchange is taking its show on the road. As IBJ reporter J.K. Wall reported last week, those who oversee the platform for sharing patient records and test results electronically are preparing to make it available in other states. Hospitals and physicians in…

BEHIND THE NEWS: Locally based oil refiner sees boom times vanish

Calumet Specialty Products Partners LP, the low-profile Indianapolis-based oil refiner, has been confronting challenges lately that would fray the nerves of even the most seasoned executive. First, the business is grappling with a huge spike in crude oil prices-the main input for its three Louisiana refineries, which churn out vehicle and jet fuel, along with solvents, waxes and other specialty petroleum products. Then there’s the delay-plagued expansion of its Shreveport refinery, which began in late 2006. The project was supposed…

You-review-it Monday

So I’ve been away from town for a few days and had to skip the weekend arts and entertainment activity in Indy.

So what did I miss?

Were you at Clowes Hall for Indianapolis Opera’s “Tales of Hoffman”? Catch the new comic…

Racing trade show not returning to Indianapolis

Performance Racing Industry, a trade show that drew 39,000 visitors when it last was hosted in Indianapolis in 2004, said today it won’t return to the city, even after the Indiana Convention Center expansion is complete. When backers were making the case for the convention center expansion, they regularly trotted out California-based PRI as an […]

Sampson gets job, IU loses players

Former Indiana University basketball coach Kelvin Sampson today accepted a job offer to be an assistant under Scott Skiles with the Milwaukee Bucks, sources with knowledge of the deal said. Sampson only took the job after discussing a job offer…

BREAKING: Ritter’s sold to New York firm

The family owners of Ritter’s Frozen Custard have agreed to sell the popular homegrown chain to New York-based TruFoods LLC for an undisclosed price. Bob Ritter, CEO of parent RFC Franchising LLC, confirmed the deal in an interview with IBJ this morning. He said the chain’s headquarters and most of its staff will remain in […]

Anderson lands call center, potential for 400 jobs

A call center operator has chosen Anderson for a new operation and plans to hire as many as 400 workers within a year, Mayor Kris Ockomon said this morning. Agape LLC, a startup, picked Anderson for its available work force and access to fiber optics. Agape will set up shop in the Union Building, which […]

BTN, Comcast deal near

Sources close to Comcast Cable and the Big Ten Network said an agreement to put the yearling network on Comcast’s expanded basic in 94 percent of Big Ten country is imminent. While both sides officially say there is nothing new…

Arcadia buys Carolina care firm

Indianapolis-based Arcadia Resources Inc. has acquired a small in-home health care company in North Carolina for an undisclosed price. Carolina Care generated $2.1 million in revenue last year serving Medicaid patients from three locations. Both companies have home health care offices in Winston-Salem, N.C., which Arcadia plans to merge to save money. “Expanding our in-home […]

NY notes: Jazz at Birdland

The last time I was in New York City was about a year and a half ago. I was doing a story on things to do when you are in town on business and you find yourself with a few…

Refrigerator maker leaving Richmond

Marvel Industries Inc. plans to shift refrigerator production from Richmond to its plant in Greenville, Mich., resulting in the loss of 140 jobs in the eastern Indiana city, according to the Palladium-Item. A timetable for the pull-out was not disclosed, the newspaper said. State and local officials offered $2.6 million in incentives to keep the […]

Tyson workers sue over treatment in Logansport

Employees of Tyson Foods Inc.’s hog slaughterhouse in Logansport have sued the company, claiming they weren’t paid for overtime work. More than 600 of the possible 2,000 workers covered by the suit have joined as plaintiffs, their Wilmington, Del., law firm Grant & Eiesenhofer said yesterday. Overtime work referenced in the suit includes production duties […]

Brightpoint, BlackBerry parent enter pact

Plainfield-based Brightpoint Inc. said yesterday it has inked a distribution deal with Research In Motion, the company that designs, manufactures and distributes the BlackBerry smart phone, to distribute the BlackBerry globally. Brightpoint wouldn’t discuss the scale of the deal. However, spokesman Anurag Gupta said RIM will help Brightpoint expand to 8 percent to 9 percent […]

Local economy not in bad shape, observers say

The abrupt slowdown in merger-and-acquisition activity shouldn’t be confused with a poor economy, say some Indiana professionals who specialize in the work. Aside from a few hard-hit industries such as housing and retail, most sectors of the economy are fairly healthy, the observers say. And many think the low point of the economic downturn might […]

USATF speeds up CEO search

Its athletes may be fast, but when it comes to finding and hiring a new CEO, Indianapolis-based USA Track & Field is anything but speedy. Maybe that’s because the organization has only had…