Indianapolis bio sector hopeful as venture firms cash out
Profits flowing from earlier investments could mean more available capital, but firms continue to be selective in placing their bets.
Chris O'Malley
Articles
Porous concrete gets big test
The new sidewalk and curb material is easing strain on storm sewers on Ohio Street.
Citizens CEO making more than peers at bigger utilities
Citizens Energy Group CEO Carey Lykins’ 2010 pay package, salary and bonus, totaled $1.6 million, more than his counterparts at the three largest municipal gas utilities in the country.
Settlement caps Citizens Energy customers’ deal fees
Ratepayers would pay no more than $14 million to cover charges associated with Citizens’ purchase of Indianapolis water and sewer utilities. Some say the capped amount is too much.
Controversial legislation could lead to truck-only toll lanes on I-70
Truck-only toll lanes along Interstate 70 are among potential projects that could result from a controversial bill that would allow the governor to authorize toll roads without an OK from the Legislature.
Wishard gives IT firms in health and life sciences a place to test products
TechPoint-led initiative is meant to help bring inventions to market by giving them a trial in real-world setting.
Gas distributors oppose $2.7B Rockport gasification plant
Six gas-distribution companies have urged regulators to reject a state plan that would force residential natural-gas customers to effectively subsidize a $2.7 billion coal gasification project proposed for Rockport.
Call center orders boost Interactive Intelligence shares
Shares of the call center software firm Interactive Intelligence have nearly tripled, to around $38 from a 52-week low of $14, last August, thanks to a string of larger orders, and to its anticipation of the rise of “communications as a service,” or CaaS.
New convention chief impressed with Indianapolis’ vision
An executive headhunter had been dogging Leonard Hoops for years about various career opportunities around the country. He always dismissed the leads—until recently, when he was told about the CEO vacancy at the Indianapolis Convention and Visitors Association.
UPDATE: City lures new convention chief
The Indianapolis Convention & Visitors Association has hired Leonard Hoops, executive vice president for the San Francisco Travel Association, to replace Don Welsh as its new president and CEO.
Formstack stuck in suit by Oklahoma tech firm
Online form builder says a lawsuit from Tulsa-based MacroSolve Inc. against it and three other tech firms is without merit.
Marcadia Biotech principals ponder next course
Marcadia execs French, Hawryluk reflect on massive growth of Carmel firm after sale to Roche.
Design flaws, defects stack up at 2-year-old airport terminal
Since opening in late 2008, the midfield terminal and related structures at Indianapolis International Airport have required more than $2.5 million in fixes—not counting last month’s collapse of a canopy above the parking garage.
Practical IT firm Formstack a quiet success
Formstack, the Indianapolis-based drag-and-drop form builder software firm, isn’t flashy like its California social-media-site sister Formspring, but it’s intensely practical for organizations needing contact forms, order forms and other online business tools.
Feds call Indianapolis Power & Light coal-ash ponds ‘high hazard’
The Environmental Protection Agency and the local utility are at odds over the condition of the ponds and the extent of remediation that is necessary.
Ball State seeks leader to implement Innovation Corp. plan
Ball State University is conducting a nationwide search for a president to lead a not-for-profit it launched to boost the commercialization of the university’s intellectual property.
City’s street-paving project to resume as weather warms
Contractors last September began milling worn-out asphalt on downtown streets, but most remained unfinished over the winter, leaving raised manhole covers and uneven pavement. Now work is resuming as asphalt plants are fired back up for the season.
Indianapolis airport plan plays up money-making logistics
Growing cargo and logistics business overshadows such titillating concepts as solar farm, recreation campus.
Airport could land $63M annually from land redevelopment
A consultant’s long-term land-use plan approved Friday morning by the Indianapolis Airport Authority recommends expected uses such as cargo and logistics, and offbeat uses such as construction of a solar-energy farm.
Bills seek utility rate flexibility to comply with EPA mandates
Indiana’s utilities have energetically sought legislation this session that would allow them to quickly charge ratepayers for the cost of new federal mandates to reduce pollution.