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Articles by Dan McGowan
On Labor Day, let’s make more Indiana workers owners
Listen to this story 0:00 0:00 Loading audio file, please wait. 0.25 0.50 0.75 1.00 1.25 1.50 1.75 2.00 Dan McGowan (Photo courtesy of TVF) Labor Day started in the late-1800s to honor workers’ contributions to the American economy and society. Here in Carmel, and at thousands of companies throughout the country, honoring workers’ contributions isn’t just a once-a-year kind of thing. It doesn’t involve a ticker-tape parade, hollow social media posts, or fireworks.
IU's BEST Competition Hits $1M Mark
BLOOMINGTON - An annual student entrepreneurship competition has reached a milestone and announced this year's winning projects. The Building Entrepreneurs in Software and Technology program at Indiana University has invested $1 million over five years. The BEST competition is a partnership with the School of Informatics and Computing and the Kelley School of Business.
Schools Receive Share of $9M From Lilly Endowment
Vice President For Education Sara Cobb says "the Endowment is very encouraged by the response to the request for planning grants. The number of proposals received exceeded our estimates, which indicates that schools across Indiana want their counseling programs to be as effective as possible. They recognize the importance of counseling to students’ future success and quality of life.
Sun King Seeking Abatement on Expansion
INDIANAPOLIS - The Metropolitan Development Commission in Indianapolis is set Wednesday to consider preliminary tax abatement approval for the state's second-largest brewer. Sun King Brewing Co. says the proposed $1.2 million investment will support new equipment and technology improvements at its downtown Indianapolis flagship location. The company announced last month it is distributing statewide following an increased production limit approved last year by the General Assembly.
Clarke Group Part of Investment Collaboration
FISHERS - The chief executive officer of Fishers-based Clarke Group says a new investment partnership will help the company continue its recent pace of growth. John Duffin says the manufacturing and packaging services provider added two dozen employees this year.
MISO Investing in Carmel
CARMEL - A Carmel-based company that serves as an "air traffic controller" of the electrical grid is expanding. Midcontinent Independent System Operator Inc. plans to invest $30 million into its Hamilton County headquarters and add more than 80 jobs over the next four years. MISO currently employs nearly 950 throughout the country, most of which work in Carmel. The company is reconfiguring, improving and upgrading equipment at the campus. Work is set to begin this month.
Grant to Help Tackle Patient ID Issues
INDIANAPOLIS - The Center for Biomedical Informatics at the Regenstrief Institute in Indianapolis has received a $1.7 million grant. The funding from the Agency for Healthcare Research and Quality will support research and development of "real-world, evidence-based guidelines" for matching patient identification information in the era of Big Data. CBMI Director Shaun Grannis is the principal investigor for the project.
Revamp on The Horizon For Delphi High Bridge
News Tuesday, April 11th 2017, 12:44 PM EDT (Image courtesy of David McCain) DELPHI - Indiana Landmarks is planning to take over and repair one of the state's tallest bridges. The Monon High Bridge in Delphi, which was included on the organization's 10 Most Endangered list last year, is more than 125 years-old and was vacated by CSX Corp. (Nasdaq: CSX) 30 years ago.
Production Slow-Down Not Expected to Cost Cummins Jobs
News Thursday, February 4th 2016, 1:06 PM EST COLUMBUS - A spokesman with Columbus-based Cummins Inc. (NYSE: CMI) tells Inside INdiana Business an announcement Thursday morning to scale back small engine production in North America will not affect the work force or V8 production at its Columbus Engine Plant. However, Jon Mills says the manufacturer does not anticipate adding new customers or broadening its production range at the Bartholomew County operation.
Major Records Storage Company Adds South Bend Business
News Thursday, November 5th 2015, 7:04 AM EST Central Files Inc.'s clients are mainly in northern Indiana and southern Michigan. SOUTH BEND - A 25-year-old information management business in South Bend has been acquired by a larger national company. California-based Access has added Central Files Inc. along with other records services providers in Hawaii, Arizona and Tennessee.
Wernle Ready For Admin Building Groundbreaking
(Rendering provided by Wernle) RICHMOND - The Richmond-based Wernle Youth & Family Treatment Center will break ground Wednesday on a new administration building. The project is part of the nonprofit's $10 million Community of Hope Campaign, which also includes new outpatient care facilities. Early last year, Wernle received two gifts of more than $1 million toward the campaign within a month of each other.
IKEA, Topgolf Debuts Highlight Busy Week in Fishers
News Monday, October 9th 2017, 1:08 PM EDT FISHERS - The city of Fishers has a big week on tap. Two key attractions, IKEA and Topgolf, will open Wednesday and Friday, respectively, and demolition continues on a nearby former neighborhood to make way for The Yard, a food and entertainment district. The projects represent nearly $100 million in combined investment and IKEA and Topgolf alone are expected to create some 750 jobs.
Rolls-Royce Working on 'Breakthrough' Technology
News Friday, March 4th 2016, 4:51 PM EST ("LightningStrike" Image Courtesy of Aurora Flight Sciences Corp.) INDIANAPOLIS - Rolls-Royce in Indianapolis is collaborating on a high-profile unmanned aircraft project. Nearly one-third of the work involved in the second and third phases of an $89 million Defense Advanced Research Projects Agency contract for so-called X-Plane technology will be completed by Hoosiers. Virginia-based Aurora Flight Sciences Corp.
David Barras to Sign-Off in Indy
(Image courtesy of WISH-TV) INDIANAPOLIS - A well-known Indianapolis newsman has announced his retirement. David Barras started at WISH-TV in 1980 and after nearly four decades of covering stories in central Indiana called his decision bittersweet and said he and his wife, who recently retired, are looking forward to "the next chapter of our lives." Prior to working at WISH-TV, Barras launched his media career at WTVW-TV in Evansville.
Advertising, Hotel Magnate Dean White Dead at 93
News Wednesday, September 14th 2016, 6:14 PM EDT CROWN POINT - A business icon who had a tremendous impact on the state has passed away. Dean White, a former business leader in the billboard and hotel industries, spent much of his life out of the public spotlight. In addition to his significant contributions to the business community in northwest Indiana and the state, White was a major benefactor for educational other charitable causes.
Wyandotte Caves Reopens
News Monday, July 11th 2016, 8:05 AM EDT The caves are located within O'Bannon Woods State Park in southeast Indiana. LEAVENWORTH - A tourist attraction that closed in 2009 has reopened. Wyandotte Caves State Recreation Area in Crawford County was shut down because of the spread of white-nose syndrome that effects bat species inhabiting the cave.
Stracks Owner Details Bankruptcy Filing
News Thursday, May 4th 2017, 1:13 PM EDT HIGHLAND - The Illinois-based parent of northwest Indiana's Strack & Van Til chain of grocery stores has filed for Chapter 11 bankruptcy protection. Central Grocers Inc. says it plans to wind down wholesale distribution operations and "conduct an orderly sale" of the 22 remaining Strack & Van Til locations. Its Joliet distribution center is for sale. The chain is based in Highland and its owners put Strack & Van Til stores on the market in April.
Sports Halls of Fame CEO: 'We Will be a Destination'
EVANSVILLE - A capital campaign has been launched for the proposed Greater Evansville Ball Halls of Fame. Organizers hope to raise $2.5 million for the facility, which will honor area baseball, basketball, football and golf greats, as well as house a first-of-its-kind National Semi-Pro Baseball Hall of Fame.
Sensient Flavors Pulling Out of Indy
News Wednesday, April 6th 2016, 11:32 AM EDT Sensient Flavorings was previously based in Indianapolis. INDIANAPOLIS - Three years after announcing a major restructuring, a food and beverage flavoring company says it plans to close its Indianapolis facility. In a notice to the state, Sensient Flavors LLC says 86 employees are expected to lose their jobs by the end of the year.
IU Breaks Ground on $40M Luddy Hall
News Monday, October 5th 2015, 11:58 AM EDT BLOOMINGTON - Construction is underway on a nearly $40 million Indiana University School of Informatics and Computing facility. Luddy Hall is expected to be complete in 2017 and is supported by an $8 million gift from California technology entrepreneur Fred Luddy. IU officials say enrollment over the last eight years in the informatics and computing has tripled and is now the campus's third-largest major.
Can NW Indiana Support an NFL Team?
News Tuesday, December 1st 2015, 12:14 PM EST EAST CHICAGO - A state representative from northwest Indiana is pushing for the creation of a commission to develop a master plan aimed at drawing a National Football League franchise to the region.
Rose-Hulman Scores Grant For Out-of-This-World Tech
News Thursday, December 10th 2015, 6:23 PM EST TERRE HAUTE - An associate professor in the physics and optical engineering department at Rose-Hulman Institute of Technology has been selected for a NASA program focusing on filling high-priority needs within the U.S. space program. Paul Leisher and a group of students are working to design and test lasers for high-speed communication between space and Earth.
Vending Company Transitions From Traditional to Tech
News Wednesday, March 15th 2017, 6:37 PM EDT INDIANAPOLIS - An Indianapolis-based vending machine management company has evolved beyond its traditional customer base with big-name partners in the tech world. IVM Inc. technology provides supplies for clients using its custom-built vending machine systems and logistics software. IVM works with health care, production, transportation and education industries and increasingly, President Mike Pitts says, some of the biggest names in technology.
ArcelorMittal Mulling Options at Indiana Plant
EAST CHICAGO - Another large steelmaker is considering idling part of its northwest Indiana operations.
Family Firm Now Employee-Owned
News Monday, November 9th 2015, 5:57 PM EST Frakes Engineering bills itself as one of the oldest and most experienced control system engineering companies in the Midwest. INDIANAPOLIS - A nearly 40-year-old Indianapolis engineering business is now owned by its employees. Frakes Engineering has transferred all shares to an employee stock ownership plan. President Jim Frakes founded the company with his brother Bill in the late 1970s.
South Bend Unveils New Flag Finalists
SOUTH BEND - As part of its 150th anniversary festivities, South Bend has unveiled three designs that could become the city's next official flag. Public voting is slated for the next month and a new flag could be adopted early next year. The city currently uses a white flag with the South Bend seal as its official symbol. Voting is set to close January 8. It is open to the public and you can connect to the online ballot by clicking here.
IACED Announces 'More Authentic and Approachable' Brand
The new brand was announced November 16 at the IACED's Prosperity Indiana Summit and 30th Anniversary Celebration at the Sheraton Indianapolis Hotel. INDIANAPOLIS - A statewide economic development organization has a new identity. The Indiana Association for Community Economic Development has rebranded as Prosperity Indiana. The organization launched the new brand as part of its 30th anniversary celebration. The effort received funding support from Indianapolis-based Lilly Endowment Inc.
ADVANTAGE Bows Out of Medicare, Names Acting CEO
News Monday, November 9th 2015, 11:53 AM EST (Image of former CEO Vicki Perry Courtesy of ADVANTAGE Health Solutions Inc.) INDIANAPOLIS - Indianapolis-based ADVANTAGE Health Solutions Inc. is discontinuing its Medicare Advantage business. The company says the move comes on the heels of a financial review launched by its board of directors that shows losses of more than $56 million through three quarters of fiscal year 2015. The board has named Michael Hone acting chief executive officer.
Beck's Believes New Hangar Will Boost Business
News Thursday, September 1st 2016, 4:37 PM EDT ZIONSVILLE - The chief executive officer of Hamilton County-based Beck's Hybrids says the company's new private hangar, a first for Indianapolis Executive Airport in Zionsville, will serve as a "stepping stone" for future development at the airport. Sonny Beck believes it can also help attract new business to northern Hamilton County. During an unveiling ceremony Thursday, Beck said the facility is seven years in the making.
Apartments May Replace Run-Down Hotel
News Thursday, July 14th 2016, 6:13 PM EDT (Image of Goshen City Hall courtesy of the city of Goshen) GOSHEN - A Clay County developer is proposing an apartment complex in place of a long-vacant hotel in Goshen. The Elkhart Truth reports a review committee connected to the city's redevelopment commission has recommended Emmert Group Properties LLC's plans for 100 units at the old Goshen Inn property. The proposal was selected by the committee over four others.
Nine13sports Growing With 'Kids Building Bikes'
News Monday, November 13th 2017, 12:53 PM EST INDIANAPOLIS - An Indianapolis-based nonprofit focused on children's health and wellness through riding bicycles is diversifying its programming. Nine13sports will launch Kids Building Bikes next summer, a four-week program that teaches bike safety and maintenance where participants who complete it will ride away on a new bike. The program is geared toward fourth and fifth-graders and will be primarily after school.
Iconic Kokomo Company Under New Ownership
(Image provided by Kokomo Opalescent Glass) From left-to-right: Jim O'Donnell, Jeff Shaw, Dick Elliott. KOKOMO - A storied glass making business has a new owner. In an announcement on the Kokomo Opalescent Glass Facebook page, Chief Executive Officer John O'Donnell identified Jeff Shaw as the 130-year-old company's buyer. O'Donnell says he will leave KOG to pursue other business interests and President Dick Elliott will remain with the company.
'Strong' New Class Drives Near-Record Enrollment
(Image courtesy of Grace College & Seminary) WINONA LAKE - Grace College & Seminary in Winona Lake has welcomed its second-largest undergraduate class since the college's founding in 1948. Nearly 1,280 undergrads are enrolled. Grace says online, graduate and seminary students for the 2017-2018 academic year total 877. Vice President of Enrollment Management and Marketing Cindy Sisson says "we are very pleased to again have a strong entering class of more than 400 students.
Charges Allege Fraud From Gary Tax Preparer
News Friday, May 19th 2017, 2:11 PM EDT Image of the Hammond federal court building courtesy of the U.S. Federal Courts system. WASHINGTON, D.C. - The former owner of a tax preparation business in Gary could be facing federal prison time on fraud charges. The U.S. Department of Justice says the grand jury indictment alleges John Newlin trained and encouraged employees to file tax returns for clients that contained false business income and tax credit claims.
Financial Services Company Overhauling Downtown Office
Kitch was founded in 1908. FORT WAYNE - A more than century-old Fort Wayne financial services company is investing in significant improvements to a new office. Kitch Acceptance Corp. is partnering with Mosaic Building Solutions on the $1.4 million project in the city's downtown. Kitch has been family-owned for four generations. The nearly 25,000 square-foot space will accommodate 13 offices and include space for more. The facility is located at 130 W.
Holcomb 'Pleased' With Legislative Progress
News Friday, March 31st 2017, 12:57 PM EDT INDIANAPOLIS - With less than a month remaining in the 2017 General Assembly, Governor Eric Holcomb is updating the progress on his legislative agenda. His "Next Level" plans emphasize increased funding for transportation infrastructure and expanding the statewide pre-kindergarten pilot. The plan also features education goals like transforming the Indiana superintendent of public instruction position from elected to governor-appointed.
Ian Steff Picked For Post in Washington
INDIANAPOLIS - The state's first chief innovation officer has been selected for a position in the Trump administration. Ian Steff has been appointed deputy assistant secretary of commerce for manufacturing. Steff will take on his new role with the U.S. Department of Commerce's International Trade Administration June 5. His responsibilities include overseeing several national initiatives designed to boost American manufacturers' global competitiveness in over 12 sectors.
Purdue Technology Focuses on Glaucoma
News Friday, February 10th 2017, 12:32 PM EST WEST LAFAYETTE - A Purdue University startup is pursuing a cure for glaucoma by using technology attached to an ordinary contact lens. Bionode LLC is developing a minimally-invasive therapy it says has shown early promise in reducing pressure within the eye that could lead to blindness -- and do it more quickly than traditional eye drop methods.
Scooch Has Global Growth Ambition
News Friday, January 26th 2018, 12:38 PM EST NOBLESVILLE - A Noblesville-born smartphone accessory company has big global growth plans. The co-founders of Scooch LLC, makers of the Wingman 5-in-1 case and the Wingmount dashboard mounting device, are aiming to have their products carried in 15,000 stores this year, a nearly three-fold increase of the company's current footprint. Matt Foley says Scooch's first year, 2015, resulted in $250,000 in revenue.
Jim Davis Going Back to Ball State
MUNCIE - One of Ball State University's highest-profile graduates is set to return to campus as a teacher. "Garfield" cartoonist and creator Jim Davis will join the school as an adjunct member of the faculty this fall. Davis is president of Albany-based Paws Inc., which licenses the image of the cartoon cat and other characters.
Indy Poised For Grow With Google
News Thursday, November 9th 2017, 4:48 PM EST INDIANAPOLIS - A first-of-its-kind event from one of the biggest names in tech kicks off Friday in Indianapolis. Grow With Google, a free event that runs through Saturday, is billed as an opportunity for anyone, from job seekers to students to entrepreneurs, to improve their digital skills. The Indiana State Museum will host more than 20 workshops and 100 coaching sessions over two days.
Brehob Hiring
News Tuesday, November 3rd 2015, 1:52 PM EST Brehob has seven locations throughout Indiana, Ohio and Kentucky. INDIANAPOLIS - Indianapolis-based Brehob Corp. says continued demand is leading it to add more workers. The manufacturing industry distributor says it has recently hired more than a dozen employees, most on the service side of the business. The company has locations in Indianapolis, Fort Wayne, Elkhart, Louisville, Detroit and Columbus, Ohio.
Freedom Train Returning to Holiday World
SANTA CLAUS - Two months before opening for the season, Holiday World & Splashin' Safari in Santa Claus has announced it will bring back the park's original ride. The Freedom Train, which was removed three years ago, will be part of Holiday World's 70th anniversary. The ride, originally called Santa Claus Land Railroad, was replaced in 2013 by the Holidog Express.
Grand Junction Plaza Plans Revealed
WESTFIELD - The city of Westfield has unveiled plans for what Mayor Andy Cook says will be "the heart and soul of downtown." Developers say Grand Junction Plaza will include a stage, wetland pavilion and space for cafes and restaurants. Cook says says the plans put the process closer to completion after "years of community input and planning have brought us to this point." The designs were crafted by LAND COLLECTIVE, HWKN and Bruce Mau Design.
Group Dekko Acquired
Development to Bring Businesses to Munster By Merritt McLaughlin Writer/Reporter 2019-11-01T16:10:24Z A new mixed-use development is bringing a School of Rock music institution, a Hyatt Place hotel and new retail shops to Munster. Our partners at The Times of Northwest Indiana report plans for Maple Leaf Crossing also call for shipping container architecture that would house 10 to 12 businesses.
Central Indiana Lands More Fraternity HQs
INDIANAPOLIS and CARMEL - Two fraternities have announced plans to relocate their national headquarters to central Indiana. Sigma Tau Gamma, which was founded and is currently based in Missouri, says it will move to Indianapolis early next year and Pennsylvania-based Phi Kappa Sigma will relocate to Carmel next month.
Bikesharing Continues Uphill Trend in Indiana
EVANSVILLE - Another Indiana city will launch a bikesharing program. Evansville Mayor Lloyd Winnecke and University of Evansville President Tom Kazee will be among those detailing the locations Monday of seven stations. Additional locations are also being worked-out. Zagster, which also has a presence in Indianapolis and Fort Wayne, is providing bikes for Evansville's version. The first program like it in the state launched more than two years ago in Indianapolis along the Cultural Trail.
Markland Mall Wraps-Up Renovations
KOKOMO - Significant renovations to Markland Mall in Kokomo are complete. Mall Manager Megan Earnest says improvements to the Howard County staple involve new entrances, upgraded restrooms and public seating. WP Glimcher (NYSE: WPG), which is headquartered in Maryland and spun-off from Indianapolis-based Simon Property Group Inc. (NYSE: SPG), owns and manages Markland Mall. Its portfolio includes more than 120 properties.
Hill-Rom Merger Closer to Completion
BATESVILLE - Batesville-based Hill-Rom Holdings Inc. (NYSE: HRC) says it has crossed a major regulatory hurdle in its proposed $2 billion merger with Welch Allyn Inc. of New York. The deal has received antitrust clearance from the U.S. Federal Trade Commission. The deal is on pace to close by the end of September, at which point, the company's headquarters will officially be located in Chicago.
General Motors Contributes to United Way Allen County
Perspectives Hope is Not a Plan By Bob Paden Owner, The Growth Coach This is sobering. A local business broker in Indianapolis reports nine out of 10 business owners who want to sell are turned away. Of the one in 10 that does make it past the first analysis to sell, over half of those company owners don’t get the sale price they hope for or believe the business is worth. Bottom line, hope is not a plan if you want to sell your business.
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