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Dennis Bane, AIA
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Free-lancing turns into big-time marketing: Mom-and-pop ExaroMed now growing fat with large drug and device clients from across the country

March 31, 2008

Most free-lance writers eke out a living. The most fortunate live comfortable lives. But Mindy Mascaro turned her freelance writing business into a thriving company. Carmel-based ExaroMed LLC is now producing sales and marketing content for the like of Roche Diagnostics, Eli Lilly and Co. and Amgen Inc. It has also served smaller life sciences companies such as Indigo BioSciences Inc. and Cheetah Medical Inc. The company has zoomed from six employees to 20 in the last year. It’s already…

IBJ Night at the Movies V

March 25, 2008

IBJ blog readers are, of course, very smart people.

So it is only…

Fabric, French food and fillings

February 27, 2008

Today’s collection of retail and restaurant nuggets are brought to you by the letter F.

Eastside institution closing
Circle Fabric, a staple at 30th Street and Shadeland Avenue for more…

HANCOCK COUNTY

February 18, 2008

HANCOCK COUNTY Browning wants sweets The Hancock County Economic Development Corp. plans to ask the county council for tax incentives on behalf of Indianapolis-based Browning Investments for two speculative buildings the developer is eyeing for the booming Mount Comfort area. The value of the incentives was not immediately available. The request involves one building originally […]

Financial crisis offers opening for banks’ market-share reshuffling

February 4, 2008

Market observers rank today’s credit crisis on par with some of the ugliest moments in U.S. banking history. News service
Bloomberg predicted fourth-quarter lending losses could make it “the worst earnings period for the financial industry since
the Great Depression.” Yet amid the carnage, financial institutions are sniffing around for opportunities.

Speedway shows popular on Joost Web network

February 4, 2008

Shows provided by IMS Productions, the video production arm of Indianapolis Motor Speedway, are among the top draws for Joost, a high-profile Internet provider of television content launched last October.

Court rules against former Conseco director

January 22, 2008

The Indiana Court of Appeals yesterday upheld an $8 million judgment that Conseco Inc. won against former director James D. Massey, who once was president of Merchants National Bank in Indianapolis. In the 3-0 decision, the court agreed with Hamilton County Judge Steve Nation, who declared that Massey still owed Conseco for $8 million in […]

Judge to settle mayoral dispute

January 21, 2008

Judge to settle mayoral dispute MADISON COUNTY – A judge in New Castle has been appointed to oversee a challenge brought by five Anderson residents over the eligibility of Kris Ockomon to serve as the city’s new mayor. Ockomon, a Democrat, upset incumbent Kevin Smith, a Republican, in the November election. The five plaintiffs filed […]

Union push under way at 2 Indianapolis hotels: They would be first to unionize in central Indiana

December 24, 2007

Employees at two Indianapolis hotels have begun a push to unionize-a move that, if successful, would make the properties the only union hotels in central Indiana. Several workers at the downtown Westin and the Keystone Sheraton have met with representatives of New York-based Unite Here, a labor group that represents about 440,000 hospitality and textile employees nationwide. Both hotels are part of Bethesda, Md.-based Host Hotels & Resorts Inc.’s global portfolio. Backers said a union is needed to raise wages…

Stadium adds Gregg to sponsorship roster

December 10, 2007

While the Indianapolis Colts steamroll their way toward the playoffs, the team’s sales staff is racking up its own successes. Today, Colts officials announced another multi-year, multi-million-dollar sponsorship deal for Lucas Oil Stadium, which is set to open next fall. Officials for locally based HHGregg Inc. announced at a press conference at the team’s 56th […]

‘Voluntourism’ pioneer wants to go corporate: Once province of colleges, Ambassadors branches into business

December 3, 2007

Companies wanting to build camaraderie and teamwork often send their employees on the all-too-predictable retreat. A couple of hours down the road, in a restful setting, they’ll do role-playing games and problem-solving exercises. These corporate chums will cap it off with a bar tab equivalent to the national debt of Belize. Sally Brown thinks she has a better alternative to the typical company retreat. Why not send those employees to Belize? Or how about El Salvador, or even India, for…

High-speed rail still on slow track in state: Economic study, innovative financing explored

November 26, 2007

The effort to put high-speed trains into service in Indiana and eight other Midwestern states sometimes seems as fanciful as the first manned flight to Mars. There have been years of talk and countless meetings. And it will be many more years before a vehicle is fueled-and-ready, if ever. In the 13 years since the Indiana High Speed Rail Association was formed in Highland, the closest thing to high-speed rail Hoosiers have seen is an occasional speedy European locomotive brought…

Leader program builds following: Center for Leadership Excellence set to welcome third class of execs

November 19, 2007

Ten times a year, for 24 hours, a select group of executives leaves the comforts of career to embark on an experience meant to mold the participants into better leaders. They gather on Thursday evenings for dinner, bunk overnight at a hotel, and spend the following day listening to the likes of Dennis Perkins, author of “Leading at the Edge: Leadership Lessons from the Extraordinary Saga of Shackleton’s Antarctic Expedition.” Or, they may travel to Saint Meinrad in southern Indiana…

Union files grievance over firing of Star editorial writer: Editor stands firm in swift action following racial slur

November 19, 2007

The Indianapolis Newspaper Guild Local 70 filed a grievance Nov. 9 on behalf of fired Indianapolis Star editorial writer RiShawn Biddle. Guild officials expect to meet with Star management this month to discuss Biddle’s dismissal. Biddle was fired Oct. 31 by the Star for using a racial slur in reference to City-County Council President Monroe Gray in an online blog. “We’re acting to protect the contract, and due process,” said Abe Aamidor, a Star reporter and guild president. “We’re not…

Audiovox buys Technuity for $20.5M

November 8, 2007

Indianapolis-based Technuity Inc. has been acquired by Audiovox Corp. of Hauppauge, N.Y., for $16.5 million, plus repayment of $4 million in debt. The deal closed Nov. 1, Audiovox announced today. Technuity is the exclusive North American licensee of Energizer Power Protection products and Energizer rechargeable batteries and accessories. About 30 people are employed at its […]

Commentary: Is receptionist pay vital information?

November 5, 2007

The office was abuzz when I walked in on a Monday morning in late August 2006. The Indiana Economic Development Corp. staff was upset and it didn’t take long to find out why. The Indianapolis Star had published their names and salaries as part of a lead story launched from the front page of the Sunday edition. “Is it the solemn civic duty of the Star to let the world know what I make?” our receptionist asked, crying. A member…

SPORTS: Not all basketball greats are getting their due

October 29, 2007

An article in the current Slam magazine caught my eye. Written by Brett Ballantini, it was headlined, “The Hall of Shame.” The hall it was referring to was the Naismith Basketball Hall of Fame in Springfield, Mass. The gist was that its secretive selection process is preventing eminently worthy candidates from consideration for and ultimately election to the hall. It cites a “secret cabal of 24 unknown voters” for dereliction of duty, with particular concern for the class of 2007,…

Some Democrats upset over Honda hiring

October 17, 2007

Five state Democratic lawmakers from Anderson, Muncie and Pendleton have written a letter to Indiana Secretary of Commerce Nate Feltman to say they’re upset that their constituents were prevented from applying for the 2,000 production jobs created by the Honda Manufacturing of Indiana plant in Greensburg. The lawmakers say their constituents should be able to […]

Experts look into the future of health care: Industry panelists disagree on whether current system needs radical changes

October 15, 2007

Five local industry leaders conducted a serious debate over problems and issues facing our health care system during the most recent installment in Indianapolis Business Journal’s Power Breakfast series. The event took place at the Downtown Marriott hotel on Sept. 21 The panelists: Robert Brody, president and CEO of St. Francis Hospital & Health Centers, the Indianapolis-area’s fourth-largest hospital system. Brody has been chief executive at St. Francis since 1996. Dr. Robert Mouser, a primary care physician at Cornerstone Family…

IRL drops green flag on revenue-sharing plan: Series places no limits on number of teams eligible

September 24, 2007

The Indy Racing League is going where only stick-and-ball sports have gone before: revenue sharing. In a concept unique to motorsports, IRL officials have floated a plan that will guarantee teams about $1.3 million from series coffers for each car entered full time in the 16-race series. The change means the IRL could pay out $36 million to teams in 2008, $10 million more than it did through prize purses this year. Industry experts think revenue generated by the newly…

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Dennis Bane, AIA