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Rental businesses enjoy heavy equipment demand: Volvo Rents sees big opportunity in local market

November 7, 2005

As central Indiana’s construction market continues to gain momentum, Volvo Construction Equipment Rents Inc. hopes to get up to speed by opening as many as three franchised Volvo Rents stores by the end of 2006. The stores rent small to medium-size equipment from Volvo Construction Equipment and other manufacturers to a range of customers-from professionals to do-it-yourselfers. And Indianapolis has it all. “Between 2005 and 2008, Indianapolis [construction spending] is projected to grow 5 percent,” said Nick Mavrick, Volvo Rents’…

HVAC specialists see rise in energy-saving interest: Anticipated price spikes spur demand for revamps

November 7, 2005

Many plant managers consider it a lost cause to combat thermostat wars, factoring it in as a normal cost of doing business. Or they just don’t think about it all. Even before hurricanes Katrina and Rita caused natural gas prices to soar, an energy price problem was already in full swing. Engineering, construction and energy management firms were already addressing concerns from clients over how to combat rising energy bills. While soaring prices are expected to wreak havoc on residential…

VOICES FROM THE INDUSTRY: It’s high time for us to seek alternative energy sources

November 7, 2005

The Ghawar oil field is the jewel of the Saudi treasure chest. Sometimes called “The King” because of its oil production, this field has yielded more than 55 billion barrels of oil since the early 1950s-more than half of all Saudi oil exports. Today, it still produces about 5 million barrels of oil each day, or about 6 percent of the world’s daily supply of petroleum. But all’s not well at Ghawar. In August, The New York Times Magazine featured…

Museum deemed Monumental: Expansion project earns two design firms top award

November 7, 2005

Indianapolis-based firms Fink Roberts & Petrie Inc. and Browning Day Mullins Dierdorf Architects won the Monumental Award for their work on the Indianapolis Museum of Art expansion project. The 28th annual A Monumental Affair was set to take place Nov. 3 at the Indiana Roof Ballroom. The awards recognize excellence among those who have contributed to the enhancement and beautification of Marion County through the built and natural environment. Local non-profit organization Keep Indianapolis Beautiful Inc. leads the Monumental Affair…

Startups offered a fast track: Motorsports-themed incubator gets green light in Brownsburg

October 31, 2005

Hendricks County officials hope a new business incubator there revs the engines of local entrepreneurs. The motorsports-themed facility, to be known as Fast-Start, got the green light after a year-long feasibility study concluded the project was a logical fit for a community that already houses Prudhomme Racing, John Force Racing and Bill Simpson’s Impact Racing. “It would help achieve some of our goals in Brownsburg,” said Jeanette Baker, town council president and treasurer of the Hendricks County Economic Development Partnership,…

Somerset enjoying freedom: Firm grew under First Indiana, but independence brings control, president says

October 31, 2005

Leaders of Somerset CPAs PC are soaking in the single life, one year after they split from First Indiana Corp. Twenty-one Somerset partners bought the assets of the accounting firm from the locally based public company on Oct. 25, 2004, ending a four-year relationship in which bad timing contributed more to the breakup than bad karma. The corporation is the holding company of First Indiana Bank. At a time when the Sarbanes-Oxley Act mandates auditor independence, Somerset President Patrick Early,…

Theater rehab project symbolic of city’s makeover:

October 31, 2005

While Anderson officials have focused much energy on Interstate 69 access points and former General Motors Corp. sites and business parks outside the city’s center, they’ve also been carefully rebuilding downtown. In 2002, Anderson Indiana Main Street was formed, and has become active in the last two years recruiting business there and hosting a number of festivals and other events. In recent years, many of the streets have been repaved-some with brick pavers as part of a massive beautification project…

BioStorage gets set for major expansion: Three-year-old local firm eyeing West Coast, Europe

October 24, 2005

The 60 industrial-size freezers standing in formation like soldiers at attention look unassuming from the outside, but their contents are invaluable. Stored at temperatures of minus-80 degrees Celsius, the millions of biological samples inside the far-west-side warehouse represent the future of disease research and drug development. The repository is operated by BioStorage Technologies, a 3-year-old venture created by a pair of researchers who met at the local office of Princeton, N.J.-based Covance Inc., a drug-development services firm. Oscar Moralez developed…

Affordable housing gets $2.3 million:

October 24, 2005

The City-County Council on Oct. 10 voted to allocate $1.5 million in federal grant money and $800,000 from the Indianapolis Housing Trust Fund toward affordable-housing efforts. One project that will benefit from the federal money is the Rink-Savoy redevelopment at Illinois and Vermont streets, which will create 62 rental units and five condominiums for low-income households. That project will receive $235,000. Westside Community Development Corp. will receive $248,000 to support the construction of 23 homes, all of which will be…

Cop merger might have just enough: Backers make concessions in effort to build majority

October 24, 2005

It’ll be close. But Mayor Bart Peterson may have just enough support to make his proposed police merger a reality. The City-County Council is expected to vote on the issue Oct. 31. Advocates are hurriedly negotiating with key players, hoping lastminute concessions will pull a handful of councilors off the fence. “I don’t think it’s going to be a wide margin either way,” said Peterson, a Democrat. “But I do believe it will pass. Because at the end of the…

RETURN ON TECHNOLOGY: What are your workers hiding from you?

October 17, 2005

Many years ago, when I worked for a machine-tool dealership, I learned a lesson about technology and employees. As I was watching an employee run a part, I noticed he was doing something I knew hadn’t been in the engineering setup requirements. When I asked about it, he replied that he knew his decision hadn’t been sanctioned by the “idiots with slide rules,” but if he had done it the approved way, it wouldn’t work. Further, if he had notified…

COLD PROSPECT?: New stadium may not overcome climate, lack of corporate clout as city vies for Super Bowl

October 17, 2005

Did NFL Commissioner Paul Tagliabue do a snow job on Indiana legislators? Tagliabue dangled visions of Indianapolis’ hosting a Super Bowl when he made the case for a $625 million stadium before Indiana lawmakers earlier this year. Now construction is under way, and local officials are watching 2006 host city Detroit to see if it can warm skeptics to the idea of playing the Super Bowl in a cold-weather city. But some observers of the big game doubt Indianapolis has…

CHRIS KATTERJOHN Commentary: LaSalle economist holds court

October 17, 2005

Now that President Bush has named both his candidates for Supreme Court vacancies and one has been confirmed, we can expect news soon of an appointment that is more important to businesspeople and markets. That would be the replacement for Alan Greenspan, chairman of the Federal Reserve Board, who retires Jan. 31. Greenspan has been in his seat 18 years and has presided over a period of strong economic growth, low inflation and interest rates, and a tremendous stock market….

‘Big gun’ rides into Irving case: Prominent attorney Susman won $900M from Microsoft

October 17, 2005

Irving Materials Inc. may appreciate that folksy quip after sparring with Houston attorney Stephen D. Susman. The broad-shouldered Texan who once prosecuted Hamlet in a mock trial for charity (Hamlet was convicted) has been named co-lead counsel for construction firms suing Greenfield-based IMI in federal court here over concrete price-fixing. In 1989, Susman defended U.S. House Speaker Jim Wright against ethics charges in a flamboyant style that ruffled the Volvo-driving sensibilities of Beltway Yankees. Susman, 64, called his dapper opponent…

Putting spotlight on art for new midfield terminal:

October 10, 2005

Alpha Blackburn, president and CEO of Indianapolis-based Blackburn Architects Inc., has been involved with the midfield terminal project from the very beginning. As one of the owner’s technical representatives, Blackburn Architects serves as a sounding board for the general aesthetics of the building. Blackburn, who has a master’s degree in fine arts, is now focused on something near and dear to her heart-overseeing the integration of artwork into the facility. “I feel especially appreciative of the fact that my background…

Backing home again: CID changes out-of-state course, invests $50M in Indiana

October 10, 2005

Indiana’s flagship venture capital firm has changed direction. Often criticized for not investing frequently enough within state lines, CID Equity Partners over the last five years has quietly put nearly $50 million to work in 10 Indiana companies. In the decade before, CID invested in just a half-dozen local deals. And after struggling to weather the 2001 recession, CID’s managers believe the wind is finally at their back. Three years ago, massive losses threatened to sink the firm. Since then,…

Hancock explores ‘mean, lean operating room machine’: Hospital officials believe time is right for surgery center

October 10, 2005

Hancock Regional Hospital has dusted off plans to build an outpatient surgery center with some of its doctors, and it may turn for help to a business run by the competition. The Greenfield hospital has talked with Visionary Enterprises Inc., a for-profit subsidiary of Community Health Network; and another Indianapolis company, Russell Associates LLC, about forming a partnership to build the center. Hancock Regional executive Rob Matt called the discussions preliminary but said officials hope to pick a partner by…

Coastal is in the name, central Indiana is its game: California-based firm cultivating its local operations

October 10, 2005

Despite its name, Coastal Partners LLC is firmly entrenched in the heartland. Most of its current projects are in central Indiana, as are about half its employees. In August, the Sacramento-based firm hired Tom Ott to oversee its central Indiana operations and new development. Ott, a respected 10-year veteran of the local office of Los Angeles-based CB Richard Ellis, plans to continue his relationships in the local brokerage community to further Coastal Partners’ presence in the area. Although the name…

South-side exit finally sparking development: Wal-Mart might by key to I-65/County Line interchange meeting expectations

October 10, 2005

An interchange linking Interstate 65 and County Line Road completed six years ago is finally helping attract large commercial development to a busy Johnson County corridor. While Greenwood city officials are pleased by the amount of activity occurring there, they question why it took so long. “We thought it would take off much sooner than it did,” said Ed Ferguson, Greenwood’s director of planning, zoning and economic development. “We still have several hundred acres available in what we call the…

Apartment industry embracing Ball State graduates: Program makes property management a career goal

October 10, 2005

During the 1990s, a booming Indianapolis apartment market was becoming increasingly competitive. About 10,000 units were added to the market in the second half of the decade and professional, well-educated managers to run them were in short supply. Enter the Apartment Association of Indiana, which figured the best way to find the professionals apartment owners needed was to grow their own, so to speak, by creating a post-secondary education degree program for the industry. At that time, Virginia Tech was…

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12,084 results for 'construct'

People

Kyle Abram

Articles

Rental businesses enjoy heavy equipment demand: Volvo Rents sees big opportunity in local market

HVAC specialists see rise in energy-saving interest: Anticipated price spikes spur demand for revamps

VOICES FROM THE INDUSTRY: It’s high time for us to seek alternative energy sources

Museum deemed Monumental: Expansion project earns two design firms top award

Startups offered a fast track: Motorsports-themed incubator gets green light in Brownsburg

Somerset enjoying freedom: Firm grew under First Indiana, but independence brings control, president says

Theater rehab project symbolic of city’s makeover:

BioStorage gets set for major expansion: Three-year-old local firm eyeing West Coast, Europe

Affordable housing gets $2.3 million:

Cop merger might have just enough: Backers make concessions in effort to build majority

RETURN ON TECHNOLOGY: What are your workers hiding from you?

COLD PROSPECT?: New stadium may not overcome climate, lack of corporate clout as city vies for Super Bowl

CHRIS KATTERJOHN Commentary: LaSalle economist holds court

‘Big gun’ rides into Irving case: Prominent attorney Susman won $900M from Microsoft

Putting spotlight on art for new midfield terminal:

Backing home again: CID changes out-of-state course, invests $50M in Indiana

Hancock explores ‘mean, lean operating room machine’: Hospital officials believe time is right for surgery center

Coastal is in the name, central Indiana is its game: California-based firm cultivating its local operations

South-side exit finally sparking development: Wal-Mart might by key to I-65/County Line interchange meeting expectations

Apartment industry embracing Ball State graduates: Program makes property management a career goal