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Area construction employment surging: Workers stay busy as industry experiences 15 consecutive months of job growth

May 22, 2006

Building tradesmen in central Indiana don’t need a mind-numbing jobs report to tell them construction workers are in high demand. They need not look any further than their apprentice programs and union halls to gauge the industry’s health. The way the barometer works is simple: Full apprentice classes mean contractors are hiring and empty union halls mean they’re working. “When the benches are empty, that’s a good thing,” said Mike Kerr, a principal at locally based contractor F.A. Wilhelm Construction…

Pepper, others commended for their safety programs: Area contractors turn to technology to track job-site performance

May 22, 2006

Hand-held computer devices are becoming as common as hardhats and heavy equipment on the job sites of Pepper Construction Company of Indiana Inc. The Chicago-based contractor’s Indianapolis location began using the hightech gadgetry about 18 months ago to track job-site safety and tie the results to bonus amounts awarded to supervisors. While the company has tracked safety performance for years via written reports, the new system lets everyone from executives to subcontractors view the information almost immediately after it’s loaded…

Conrad high-rise condos sell fast: Only 4 of 15 residences left; biz leaders among buyers

May 29, 2006

Eli Lilly and Co. President John Lechleiter is among the wealthy buyers who have snapped up all but four of the 15 private residences perched atop the Conrad Hotel downtown. Lechleiter will be on the 23rd floor, one level from the top. Pete Piazza, president of Piazza Produce Inc., will be on the 22nd. And insuranceindustry executive Jack Mead will be on the 21st. The 15 residences fill the top six floors of the new $100 million tower. They start…

Executive Pay Special Report: WORTH IT?: Top brass still collects big packages, but ties to company performance grow

May 29, 2006

Michael Doar once had to give back part of his salary. How times change. Now CEO of Indianapolis-based Hurco Cos. Inc., Doar offers more bang-for-the-buck than any chief executive in the state, according to an in-depth study of salaries and shareholder returns by IBJ. One would shudder at the t h o u g h t o f Hurco’s board asking Doar to forfeit a penny of his modest salary, as he did one year in the ’90s when the…

Entrepreneurs keep day jobs: Moonlighting helps owners mitigate startup risks

May 29, 2006

Inventions at various stages of development are scattered around Qamar Shafeek’s ranch-style home on Indianapolis’ east side. An unnamed doohickey attached to a curtain rod pulls drapes open and shut along with the sliding glass door. A voice box gadget tells the single father when the garage or side doors open, alerting him to his children’s comings and goings. And a plastic pinwheel with tennis balls attached to the ends is making its way from a napkin-sketch idea to a…

PROFILE DAVE BROWN: Passion for history, people drives manager’s hobby

June 5, 2006

Instead, Brown transforms himself from a 21st century theater director for the IMAX 3D Theater at White River State Park into a 19th century Civil War soldier as a re-enactor with Indianapolis-based Mid States Living History Association Inc. Brown’s interest in the past began as a child. He was fascinated with older people in his small town of Hagerstown, Ind. “I would sit at the old soda fountain in the drugstore and talk to old folks about their lives and…

Hazmat conference to stress preparation: Topics include corporate readiness, Katrina lessons

June 5, 2006

Organizers of the Indiana Hazardous Materials & Environmental Safety Conference are hoping Hurricane Katrina’s demonstration of mass destruction will be a wake-up call for businesses and communities ill prepared for disaster. Corporate participation in the 18-year-old conference has waned a bit in recent years as hazardous and safety planning became more standardized. Some companies have become too detached after outsourcing their emergency preparation to consultants, said Stephen Nash, chairman of the Indiana Forum for Environmental Safety, which sponsors the June…

Distributor hits 2nd century in growth mode: Indiana Oxygen uses Ohio outlet, Internet to expand

June 12, 2006

The Indiana Oxygen Co. building is highly visible to motorists traveling Interstate 465 on the northwest side, but the company’s forte isn’t as widely known. Founded in 1915, Indiana Oxygen is the oldest gas and welding supplier in the United States. But to the surprise of many, the medical relationship the name implies hardly exists. Despite the confusion, the company’s flame burns bright, as annual revenue this year will top $30 million. Part of Indiana Oxygen’s recent growth stems from…

INVESTING: Time to ditch widely touted-but wrong-investing rules

July 3, 2006

We love a good conspiracy in America. The FBI just spent millions of dollars looking for Jimmy Hoffa again, and again came up empty. We’ll be talking about who killed JFK until our grandkids are gone. Today, I am going to start a new one, and when you read this you are going to want your finance professor’s head on a platter. There is a conspiracy to keep you from making money. I can’t pinpoint the exact beginning of the…

INVESTING: Steep retreat in gold prices gives commodity an allure

July 10, 2006

Our culture is easily distracted. Shiny things grab our attention. Gold’s luster doesn’t change, but our perception of the shine apparently does. After gold suffered for 20 years in a protracted bear market, we became mesmerized by the stuff, running the price from $250 an ounce to $730 in seven years. I guess when we do decide to focus, we really turn up the heat. But then gold in late spring suffered a sharp 25-percent correction in only four weeks….

BEHIND THE NEWS: Smulyan bid puts Emmis board member Bayh in hot seat

July 10, 2006

Susan Bayh is at ease in the corporate world. The wife of U.S. Sen. Evan Bayh is a former Eli Lilly and Co. attorney who now serves on six public company boards, collecting more than $400,000 in fees a year. Among those companies are Indianapolis’ WellPoint Inc. and Emmis Communications Corp., where she serves as lead director of the eight-person board. But even the 46-year-old boardroom veteran must be feeling a little banged up these days. That’s because at Emmis,…

TOM HARTON Commentary: Driving the distance for the basics

July 17, 2006

I recently called my doctor’s office hoping he could squeeze me in to diagnose a minor, but annoying, health problem. His nurse informed me I wouldn’t be able to get an appointment for at least three days. She suggested I go to an immediate-care facility if I needed attention right away. I was surprised the doctor couldn’t see me, but I appreciated the nurse’s candor. She knew better than to cheerfully suggest an appointment days in the future, by which…

New business incubator is made for minorities

July 17, 2006

Black business owner Bob Logan is one of four entrepreneurs chosen by the Indiana Business Diversity Council as inaugural tenants of its unusual new incubator, which caters solely to minority-owned businesses.

Firm may hold key to earlier detection: Startup lands grants for breast cancer biomarker

July 17, 2006

Linda Malkas’ arrival at the Indiana University School of Medicine four years ago is beginning to look like a coup for the city’s life sciences initiative. Armed with promising cancer research, Malkas helped found CS-Keys Inc., which last month received a $285,000 infusion from BioCrossroads’ Indiana Seed Fund and is poised to net a similar investment July 17 from Triathlon Medical Ventures in Cincinnati. The additional capital is critical to the startup’s continuing development of a biomarker that detects breast…

CHRIS KATTERJOHN Commentary: Newsman reflects on iconic past

July 24, 2006

One of the great things about being a newspaperman is that you get the inside scoop on everything. Even more so than reporters, editors have a unique perspective because they are in on the details of all the big news that’s breaking. They are also privy to lots of information and background that doesn’t end up in print for one reason or another. So it is with a sense of collegial empathy that I highly recommend an upcoming book by…

IUPUI’s tourism department luring hundreds of students: City’s convention industry, program’s focus on meeting planning make department fastest growing on campus

July 31, 2006

After Kelly Sernau earned an associate in arts degree in hospitality at Michigan State University, she began researching schools that offered a bachelor’s degree in the field. She considered staying in her home state, then researched schools in Chicago and other places. Ultimately, she opted to transfer to IUPUI’s Department of Tourism, Conventions and Event Management within the School of Physical Education and Tourism Management. “I wanted to focus on meeting planning, [but] most programs focus on the hotel aspect…

Endowment’s plan to diversify erodes one of Lilly’s takeover safeguards

July 31, 2006

The July 21 announcement by Lilly Endowment Inc. that it will reduce its holdings in Eli Lilly and Co. by $2 billion will have enormous repercussions. It’s meant to decrease volatility in the endowment’s assets, but it also erodes one of Lilly’s key antitakeover provisions.

Restaurant at Canterbury takes new dining direction: Hotel hires food veteran Emerson to lead expansion

July 31, 2006

The historic Canterbury Hotel has hosted its share of celebrities. Robert Duvall, Michael Jackson and Mike Tyson are among the most famous or, in some instances, infamous. But the downtown hotel may be more elated to welcome back Daniel Emerson, a veteran of the local hospitality industry who is a star in his own right to the guests he pampers with his trademark flair. Emerson, 50, returned to the Canterbury on South Illinois Street July 24 as its food and…

WellPoint putting members’ medical records online: Access to electronic medical information could reduce health care errrors and avoid unneccesary procedures

August 7, 2006

A benefits package WellPoint Inc. unveiled in July includes an ambitious effort that enables its 34 million members to access their medical records online. WellPoint’s initiative to make the records available electronically is but one example of a national movement, backed by President Bush, to make all medical records available online within the next 10 years. Advocates say online systems can reduce medical errors and avoid unnecessary procedures by making patients’ medical needs and histories available to doctors instantaneously. Indianapolis-based…

IU to seek $80M from state for massive life sciences push

August 14, 2006

Indiana University leaders believe their researchers can spawn 100 new companies, pump $2.4 billion into the state's economy, help create 14,000 jobs, and generate a $2.25 return for every dollar spends if the General Assembly will invest in their bold life sciences strategy.

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Articles

Area construction employment surging: Workers stay busy as industry experiences 15 consecutive months of job growth

Pepper, others commended for their safety programs: Area contractors turn to technology to track job-site performance

Conrad high-rise condos sell fast: Only 4 of 15 residences left; biz leaders among buyers

Executive Pay Special Report: WORTH IT?: Top brass still collects big packages, but ties to company performance grow

Entrepreneurs keep day jobs: Moonlighting helps owners mitigate startup risks

PROFILE DAVE BROWN: Passion for history, people drives manager’s hobby

Hazmat conference to stress preparation: Topics include corporate readiness, Katrina lessons

Distributor hits 2nd century in growth mode: Indiana Oxygen uses Ohio outlet, Internet to expand

INVESTING: Time to ditch widely touted-but wrong-investing rules

INVESTING: Steep retreat in gold prices gives commodity an allure

BEHIND THE NEWS: Smulyan bid puts Emmis board member Bayh in hot seat

TOM HARTON Commentary: Driving the distance for the basics

New business incubator is made for minorities

Firm may hold key to earlier detection: Startup lands grants for breast cancer biomarker

CHRIS KATTERJOHN Commentary: Newsman reflects on iconic past

IUPUI’s tourism department luring hundreds of students: City’s convention industry, program’s focus on meeting planning make department fastest growing on campus

Restaurant at Canterbury takes new dining direction: Hotel hires food veteran Emerson to lead expansion

WellPoint putting members’ medical records online: Access to electronic medical information could reduce health care errrors and avoid unneccesary procedures

IU to seek $80M from state for massive life sciences push