Articles

Suburban residents slow to jump on vanpool bandwagon: Neither cost nor environmental advantages stir the masses; advocate says ’employers need to get smarter’

The federally funded Central Indiana Commuter Services has finally won over a dozen workers to share a van to and from work-somewhat of a feat in a region where a vanpool might as well be a bathing option for a conversion van. Besides a vanpool program that runs between Cloverdale and Indianapolis, CICS recently signed on a handful of Fishers residents to share a seven-passenger van between the Hamilton County town and downtown Indianapolis. Lately, CICS has been trying to…

Read More

State will grant parking perks for Prius, other hybrid vehicles:

The right car-not an early arrival or high rank-will soon get state workers the best parking spaces at the Indiana Government Center. As an incentive for its workers to drive less-polluting cars, the state plans to give drivers of hybrid cars the coveted spaces in the basement of the parking garage at West and Washington streets. Those would be the spaces right outside the tunnel entrance to the government center. The hybrid parking signs should go up within a month,…

Read More

IndyGo claims take their toll: Payout for injuries, damages hit 3-year high, a big financial hit for cash-strapped system

“If it had been a bigger bus, I’d have been dead,” said Williams, who was injured and his car totaled. IndyGo settled his case out of court for an undisclosed sum. Williams filed one of 20 tort claim notices with the Indianapolis Public Transportation Corp. last year. Those, and 10 lawsuits, seek a total of more than $2.6 million in damages. IndyGo attorneys estimate the company’s total potential liability is more like $784,350, according to records obtained by IBJ. The…

Read More

SPORTS: Final Four manager enjoys his shining moments

On the day after the Men’s Final Four Basketball Tournament concluded, the NCAA’s Greg Shaheen said two national champions had been crowned: The University of Florida in winning, and the city of Indianapolis in hosting. For the local organizers, that was some sweet praise coming from an NCAA guy. Sure, one could question Shaheen’s objectivity. As many know, the 38-year-old is an Indianapolis/Carmel native who not that long ago was one of those local organizers. At the 1997 Indy Final…

Read More

Mexican truckers file lawsuit against Celadon: Trucking giant disputes discrimination, calls other claims ‘a form of extortion’

To Celadon Group Inc., it’s ambulance chasing, Tex-Mex style. Mucho absurdo. To a handful of Texas lawyers who filed suit against the Indianapolis-based trucking company last month, it’s an opportunity to haul home triple damages on allegations of racketeering and wage discrimination against Mexican citizens who drove Celadon’s trucks on this side of the border. At the least, the allegations in a lawsuit filed in U.S. District Court in Laredo, Texas, reflect a complex relationship between North American neighbors, said…

Read More

Experts: Businesses should prep for bird flu: Vast majority of U.S. companies have not budgeted for possible pandemic, despite warnings from health officials

The much-hyped Y2K computer bug came and went without so much as a whimper from a whirring hard drive. But unlike the threat of malfunctioning computers, health experts warn that the potential danger of an avian flu pandemic is far greater. In the event of a widespread outbreak in the United States, companies large and small need to be prepared in order to keep interruptions to a minimum, they say. “I am an evangelist for having a contingency plan,” said…

Read More

BRIAN WILLIAMS Commentary: Legislators should address insurance costs

Members of the Indiana General Assembly resolved some contentious issues in 2006, including property tax relief, telecommunications reform and the long-term leasing of public infrastructure. U n f o r t u n a t e l y, they did not have an opportunity to debate Senate Bill 124, which, if measured on the basis of the value per page, would have exceeded the much-heralded “Major Moves” transportation initiative. Introduced by Sen. Beverly Gard, a Greenfield Republican who has been…

Read More

City gives cultural trail green light: Long-anticipated project could cost $35M to $42M

The long-discussed trail will loop through downtown and cost $35 million to $42 million. All the money will come from federal transportation dollars and private contributions. “The trail has been officially approved,” said Brian Payne, president of the Central Indiana Community Foundation, the project’s lead managing partner. “It’s definitely a project that’s going to happen now.” Tourism officials greeted the news with enthusiasm. It’s a “huge win for White River State Park as well as the city,” said Bob Whitt,…

Read More

Event planner builds business on big-city experience: Award-winning firm grows into all-around performer

Indianapolis might not be as glamorous as Los Angeles or New York City, but Midwestern life seems to be suiting Gene Huddleson just fine. Nearly 10 years after returning to his Hoosier roots, the event planner has found a niche within the industry that builds upon his past travels. He and his colleagues at Detail + Design, in the Stutz II building across the street from the original Stutz building, accompany corporate clients who may be hosting activities throughout the…

Read More

STATEHOUSE DISPATCH: Short but historic session produces election plot lines

You can go home now (unless you live in Perry Township) and rest somewhat assured that the governor and state lawmakers won’t do anything untoward to you until, at the soonest, November. Yes, the 2006 short session of the Indiana General Assembly has run its course, and left the state with some key policy and economic legacies. Not the least of them, as we have discussed at length in this column, and has been covered elsewhere in these pages, are…

Read More

EYE ON THE PIE: Legislature wastes another session

The 150 men and women who make up the Indiana General Assembly have finished their annual freak show, folded their tents, and departed from Indianapolis. In their wake, they left some truly terrible legislation and another record of neglect for the interests of Indiana’s too-long-suffering population. What was wrong with this session of the General Assembly? Your local editor will not grant me the space to be either sufficiently complete or detailed. Let’s start with the governor’s Major Moves program….

Read More

VOICES FROM THE INDUSTRY: Mediocre planning efforts don’t invite people to stay

Analysts say the housing market is slowing in Indianapolis and across the nation. Perhaps that’s why three significant, real estate developments have attracted so much local media coverage recently. In one story, the City-County Council approved the development of 28 condos in Broad Ripple, despite strong resistance from the neighborhood association. Meanwhile, local planning councils easily approved two new developments-a subdivision on the far northeast side of town that will feature almost 2,000 homes and a large condominium complex in…

Read More

E-commerce can level the playing field:

The same point can be made for small businesses, which can reach wider audiences through electronic commerce-purchasing, selling and exchanging goods and services over the Internet. So how can small-business owners take advantage of the e-commerce phenomenon? First, it’s important to understand that ecommerce isn’t an end unto itself, but a tool to grow your business-as such, it should be used only if it serves your business strategy. Ask yourself a few questions: Can you effectively promote your product or…

Read More

CHRIS KATTERJOHN Commentary: ‘Dallas’-like TV hit in our future?

Just as the popular prime-time soap opera “Dallas” emerged from Texas oil-industry lore, “Indiana” someday could become a mega-hit on television. After, that is, the state becomes the “Texas of biofuels” and the lurid, steamy tales of Big Biofuel begin to play out. I’m not sure who came up with “Texas of biofuels,” but the analogy surfaced after the recent announcement that the world’s largest soybean processing plant and biodiesel facility will be built in northern Indiana. With this project,…

Read More

TechPoint names up-and-coming Mira nominees: Annual award celebrates excellence in innovation

TechPoint won’t distribute its annual Mira awards until its banquet at the Indiana Roof Ballroom May 19. But the state’s largest high-tech trade association has completed the nomination process for its top awards, pulling together a list of 49 innovative companies and educators in such categories as information technology, life sciences and advanced manufacturing. About 750 people usually attend the Mira banquet. But the awards are meant to reverberate among a far wider population all year long as confirmation which…

Read More

Short session long on action: Led by Major Moves, telecom successes, biz interests fared well in 2006 General Assembly

In less than three months, the Indiana General Assembly approved a pair of blockbuster economic-development measures designed to dramatically upgrade the state’s infrastructure. With the passage of Gov. Mitch Daniels’ Major Moves initiative, Indiana will lease the Indiana Toll Road to an Australian-Spanish consortium for 75 years. It will use the upfront, $3.9 billion payment to build roads. Meanwhile, the approval of telecom deregulation sets the stage for more local phone, cable and Internet competition. Daniels, a Republican, argued that…

Read More

STATEHOUSE DISPATCH: Low poll numbers don’t seem to slow Daniels’ agenda

For a guy whose approval level is about as low as-well-the president’s, and who was pushing a program about as popular as turning over supervision of vital national assets to a foreign entity (see the parallels yet?), Gov. Mitch Daniels sure enjoyed some major success this legislative session. He just signed a wide-ranging telecommunications deregulation measure he had strongly advocated, placing Indiana at the cusp of reform in the field, after several years of the Legislature’s refusing to move off…

Read More

Time switch creating computer nightmare: Technology experts predict change to daylight-saving could be Y2K all over again

If you have an important meeting starting April 2, beware of relying on your computer for a reminder-there’s a fair chance you’ll be late. The state’s first-ever switch to daylight-saving time will leave thousands of computers confused about what time it is, and their users not much better off. PC clocks have to be adjusted just like the cuckoo over the mantle, but if you forget to switch the timezone setting from “Indiana (East)” to “Eastern Time”-or neglect to check…

Read More

You can take it to the bank: Financial experts say state’s economy is rising, merger mania isn’t over and regulatory laws could take a toll

On Feb. 24, IBJ Publisher Chris Katterjohn, Managing Editor Greg Andrews and banking reporter Matt Kish sat down with four leaders from Indianapolis’ banking and finance sector: Judith Ripley, director of the Indiana Department of Financial Institutions; Kit Stolen, CEO of Union Federal Bank of Indianapolis; Steve Beck, president and CEO of the Indiana Venture Center; and Keith Slifer, senior vice president of LaSalle Bank. Among the topics of conversation: How’s the state’s economy doing? Are more bank mergers on…

Read More

BEHIND THE NEWS Auditor jabs Obsidian as it prepares to go private:

If all goes as planned, a Tim Durham-led investment group will take publicly traded Obsidian Enterprises Inc. private by the end of the month. The Indianapolis company’s five-year run on Wall Street has been inglorious by any measure. Stock in the transportation and manufacturing firm has tumbled, from a split-adjusted $12 in 2001 to $1.80 today. Over the last three years, Obsidian has posted a combined $22 million in losses. As if that weren’t enough, now the company’s former outside…

Read More