IIB WEEK IN REVIEW: LaPorte restaurant set for Food Network show

2013-11-16T14:48:00Z IIB WEEK IN REVIEW: LaPorte restaurant set for Food Network showGerry Dick Inside Indiana Business nwitimes.com
November 16, 2013 2:48 pm  • 

A LaPorte restaurant will be featured on Food Network's "Restaurant Impossible." SEVEN will be spotlighted on an episode set to air later this month. The episode, titled "Unlucky Seven," is scheduled to air November 27. SEVEN's website says the restaurant serves items including steaks, seafood, ribs, and chops.

Schools Fare Well in National Rankings

Multiple Indiana colleges are receiving national recognition for their business schools. Bloomberg Businessweek's list of the best part-time MBA programs in the nation and the Princeton Review's best business school's list both feature campuses in the state.

Hoosier Companies Among 'Fast 500'

Two Indiana companies are on this year's Deloitte Technology Fast 500 list. The rankings highlight employers for technological innovation, entrepreneurship and rapid growth. Deloitte selects winners based on percentage fiscal year revenue growth. West Lafayette-based Endocyte Inc. is ranked 39th and Angie's List Inc. (NYSE: ANGI) in Indianapolis is ranked 252nd.

Construction Company Shuffles Leadership

Chicago-based Pepper Construction Group has named Bill McCarthy chief executive officer. He has served as president of Pepper Indiana since 1995.

Indiana Becoming E-Commerce Hub

A regional vice president for a prominent commercial real estate firm believes Indiana is becoming one of the hottest e-commerce markets in the country. Cassidy Turley's Jason Tolliver says the sector is driving a "banner year" for the state's industrial real estate business. Tolliver says most statewide trends are positive and points to the commercial sector, which is gaining traction in all segments, and the upward trend in the office market.

Big Weekend For Big Hospital

The unveiling of a $754 million hospital project in Indianapolis is set for this weekend. It has taken four years to build the Sidney & Lois Eskenazi Hospital to replace the Wishard Memorial Hospital campus. The effort took in approximately $80 million in private donations. In an interview to air this weekend on Inside INdiana Business Television, Health and Hospital Corp. of Marion County Chief Executive Officer Matt Gutwein says patient care will begin next month.

INDOT to Rename Interstate Stretch

The Indiana Department of Transportation has announced plans to rename a 21-mile stretch of Interstate 164. INDOT says the move will officially make the section in Vanderburgh and Warrick counties part of the national I-69 corridor. Pending final approval from the Federal Highway Administration, the new signage will be installed during a transition period during the fall of 2014.

Tech Company Growing Despite Hurdles

Despite a challenging start, an Indianapolis-based technology and document management firm is experiencing rapid growth. Phoenix Data Corp. Chief Executive Officer Carol Curran says she was turned down for funding by almost 30 banks in 2001. The company now has offices in five other cities and multi-million dollar contracts with agencies including the U.S. Department of the Treasury and the Naval Surface Warfare Center in Crane. Chief Executive Officer Carol Curran says it was tough to find funding in 2001 because "nobody was doing anything" after the September 11 terrorist attacks.

Planned Senior Community to Create Jobs

Bloomington-based CarDon & Associates Inc. has announced plans for a $17 million senior living community in Plainfield. The company says the project is expected to create approximately 125 jobs.

Business Hall of Fame Names Honorees

Evansville's Business Hall of Fame has announced its 2014 honorees. They include South Central Communications Corporation Chairman John Engelbrecht, Deaconess Health System President Linda White and Hoosier Cardinal Corp. Founder Thomas Morton Jr.

Indiana Workers Boosting Lilly Battle

The president of Eli Lilly and Co.'s (NYSE: LLY) diabetes division says Indiana's highly-skilled work force played a role in the decision to make a major investment in insulin device manufacturing in Indianapolis. Enrique Conterno says Lilly is positioned well to leverage products to combat the disease that has reached "epidemic" proportions. Lilly marked World Diabetes Day this morning by announcing a $700 million global investment in its continuing fight against the disease. He says the company currently possesses an "unprecedented" treatment pipeline.

Study of Proposed Reservoir Clears Funding Hurdle

A plan to build a 2,100-acre reservoir in Madison and Delaware counties has landed $600,000 from the state for the second phase of a feasibility study. Corporation for Economic Development Anderson/Madison County Executive Director Rob Sparks says the group hopes to have a "very good idea" of the proposed Mounds Lake Reservoir's overall impact by spring.

IU Health to Close Cancer Clinic

Indiana University Health continues to cut costs. The health care system is closing IU Health Central Indiana Cancer Centers South. Most services at the center on Indianapolis' southside will be moved to a nearby facility. IU Health is cutting spending by $1 billion over five years.

Airport: Terminal Exceeding Expectations

As the terminal at Indianapolis International Airport marks its fifth anniversary, officials are touting the facility's annual $4.5 billion economic impact. Spokesman Carlo Bertolini says the terminal has served more than 37 million passengers on more than 800,000 flights. He also says the airport's design, amenities and green features serve as a positive first impression for business executives. Bertolini says there is still plenty of room for growth at the terminal.

Agency Assessing Solar Viability

A proposed solar farm is up for zoning approval tonight in the Madison County town of Frankton. The project is designed to help developers assess the viability of solar energy. Members of the Frankton Town Council are set to vote on the plan to build the 4,000 solar panel project on eight acres. It will be the first of three demonstration projects in the state by Carmel-based Indiana Municipal Power Agency. Senior Vice President of Generation Jack Alvey says, in addition to Frankton, there are plans for demonstration projects in Rensselaer and Richmond.

Chamber Honors Ferguson, Lugar, Bedford

The chairman of Bloomington-based Cook Group Inc. has been named Business Leader of the Year by the Indiana Chamber of Commerce. Steve Ferguson oversees a company that employs 11,000 workers and generates annual sales of approximately $2 billion. At last night's annual awards dinner, the chamber also named former Senator Richard Lugar Government Leader of the Year. It previously announced the city of Bedford as Community of the Year.

For more Inside Indiana Business, visit www.insideindianabusiness.com.

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