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Techpoint’s new leader sees room to grow: Indiana making progress, but could do better, he says

November 13, 2006

Techpoint, a locally based technology trade group that represents the interests of about 330 members statewide, is undergoing a transition in leadership. Jim Jay, 37, has been named interim CEO following the resignation of Cameron Carter, who has led the organization since 2003. Directors should begin a formal search for a permanent replacement the first of the year. Whether Jay lands the top job remains to be seen. But in the meantime, the Butler University graduate with an entrepreneurial spirit…

Ex-Lilly execs take on diabetes with Carmel startup

November 6, 2006

Four former top scientists at Eli Lilly and Co. have formed a Carmel-based company to develop diabetes therapies–a venture observers say has the potential to become the kind of blockbuster success BioCrossroads was built to stimulate.

Estate planning lawyers can become specialists: New exam lets Indiana attorneys become certified

September 25, 2006

Attorney Jeff Hawkins has focused his law practice on estate planning and administration law for 14 years. He considers himself experienced but is not yet ready to declare himself a “specialist” or “certified” estate-planning attorney. That happens in November, and the designation depends on results of an exam. The Indiana State Bar Association has recently adopted a plan to make estate planning and administration a specialty status of law in Indiana, joining four other focuses that have donned the stature…

NOTIONS: Of errors, apologies and redemption

September 25, 2006

Last week, a friend and I stopped by Nordstrom so she could purchase some cosmetics. She found one needed product on the shelf, then asked the clerk if the item she’d asked to be sent from another store had arrived. The clerk said it had, but that they’d sold it to another customer because my friend hadn’t called for it. My friend said she’d never been notified the product was in. The clerk repeated that it’s store policy to sell…

$1.7M invested in failed firm not authorized, sources say

September 25, 2006

Trade groups that host the Indianapolis Auto Show and represent 600 car dealers in the Legislature stand to lose $1.7 million they loaned to a local debt-collection agency–loans that sources said were made without the knowledge of the groups’ boards or membership.

BEHIND THE NEWS: A Marsh without Marshes? Expect family to exit soon

September 18, 2006

Marsh Supermarkets Inc. has filed hundreds of pages of documents with the Securities and Exchange Commission in recent weeks, but none gets to the crux of the matter: Will a Marsh remain atop Marsh Supermarkets if Boca Raton, Fla.-based Sun Capital Partners completes its $88 million buyout of the Fishers-based company? Marsh spokeswoman Myra Borshoff Cook said executives haven’t been asked to step down so far. “They won’t know anything until the deal closes,” she said. But keeping a Marsh…

Hammering away at his own business: After 18 years working for others, contractor strikes out on his own

September 18, 2006

Built to Last Construction Hammering away at his own business After 18 years working for others, contractor strikes out on his own Bradley Ford is a true, hands-on owner. “I really like working with my hands. I couldn’t stand working behind a desk,” said Ford, 40, who founded Built To Last Construction in 2000. Starting the business was the culmination of a career path he started in 1982 as a 16-year-old student at Perry Meridian High School and the building…

TOM HARTON Commentary: Crime takes indirect swipe at the arts

September 11, 2006

In Indianapolis, when the crime rate goes up or kids’ test scores go down, it’s not uncommon for people to point the finger at publicly funded sports facilities. “Our priorities are screwed up,” observers opine. “We spend too much money on these playgrounds for the rich, and not enough on cops, courts and public education.” The sports establishment here has been batting away this criticism for years. It goes with the territory in a city where sports is an important…

New Ambassadair owner drops dues, brings back charters

September 11, 2006

The new owner of Ambassadair travel club has eliminated membership fees and will add a flurry of charter flights in January under a plan to revive an Indianapolis institution that shuttled thousands of Hoosiers around the globe for 34 years.

Cleanup of contamination in store for new Claus site: Sausage shop owner redeveloping brownfield property

September 4, 2006

It’s 2:30 p.m. on a Tuesday and a steady stream of customers continues to patronize Claus’ German Sausage and Meat Market on East South Street. By March, however, the butcher shop likely will have abandoned its longtime home for a new building on South Shelby Street in Fountain Square. Whether its loyal clientele will follow concerns owner Claus Muth, who purchased the store from relative Gerhard Klemm in 2003 and changed the name from Klemm’s in April. “Since [the new…

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

September 4, 2006

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…

Lilly decides to self-insure for product liability

September 4, 2006

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

September 4, 2006

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.

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

September 4, 2006

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…

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

September 4, 2006

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…

Top Conseco executives opt to live in Chicago

August 28, 2006

Jim Prieur makes a great choice for Conseco Inc. CEO, analysts say. But whether his hiring bodes well for the company’s Carmel headquarters is a different question. Conseco Chairman Glenn Hilliard said last week that Prieur will live in Chicago when he joins the company next month.

Database to offer new health stats:

August 28, 2006

WellPoint Inc. is helping to launch Blue Health Intelligence, a resource it bills as the largest private database of health care information. The Indianapolis-based insurer is providing data culled from 14 insurance units-including Anthem Blue Cross and Blue Shield in Indiana-to a claims database of 79 million people. That database then will provide “the most detailed view available of health care trends, best practices and comparative costs,” according to a statement from the company. The data collection, which will contain…

IEDC shelves proposal to copy Ohio initiative: Program matches promising startups with capital

August 28, 2006

An Ohio program launched in 2003 to urge development of extremely earlystage companies has already spurred investments worth $239 million in 68 Buckeye startups. Venture capitalists would like to duplicate the program here. But their proposal has been languishing at the Indiana Economic Development Corp. for a month. “We have the application. We haven’t done anything with it,” said IEDC Director of Small Business and Entrepreneurship Bruce Kidd. “This is a classic steeple chase. You’ve got lots of hurdles to…

MARKETING: Are you in a position to hear your customers?

August 28, 2006

Our family’s license plate renewal tags have always arrived by the deadline date each year, but this year the end of the month rolled around and our five cars still carried last year’s stickers. It dawned on us that we’d all be driving illegally. Our son drove to the Bureau of Motor Vehicles office nearest his home to see if he could get his two tags. My husband and I both had client appointments to which we had to drive….

Lazy Daze Coffee House: Coffeehouse brews niche market for itself Independent shop welcomes competition, even from industry giants like Starbucks

August 21, 2006

You might call Lazy Daze Coffee House the “Cheers” of Irvington. This is a place where everyone does know your name-and what kind of coffee you drink. Lazy Daze is the brainchild of Jeff Coppinger, a 34-year-old Howe High School graduate who returned home after serving in the U.S. Navy. He’s working on a major in political science and a minor in philosophy at IUPUI, a good foundation for creating a coffeehouse that “crafts the art of conversation,” as he…

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People

David Bordenkecher

Articles

Techpoint’s new leader sees room to grow: Indiana making progress, but could do better, he says

Ex-Lilly execs take on diabetes with Carmel startup

Estate planning lawyers can become specialists: New exam lets Indiana attorneys become certified

NOTIONS: Of errors, apologies and redemption

$1.7M invested in failed firm not authorized, sources say

BEHIND THE NEWS: A Marsh without Marshes? Expect family to exit soon

Hammering away at his own business: After 18 years working for others, contractor strikes out on his own

TOM HARTON Commentary: Crime takes indirect swipe at the arts

New Ambassadair owner drops dues, brings back charters

Cleanup of contamination in store for new Claus site: Sausage shop owner redeveloping brownfield property

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

Lilly decides to self-insure for product liability

156-year-old Clabber Girl rolls out new products

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

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

Top Conseco executives opt to live in Chicago

Database to offer new health stats:

IEDC shelves proposal to copy Ohio initiative: Program matches promising startups with capital

MARKETING: Are you in a position to hear your customers?

Lazy Daze Coffee House: Coffeehouse brews niche market for itself Independent shop welcomes competition, even from industry giants like Starbucks