INSIDE INDIANA BUSINESS: Colts, Pacers create 'psychic income'

2013-11-08T11:31:00Z 2013-11-08T17:53:17Z INSIDE INDIANA BUSINESS: Colts, Pacers create 'psychic income'Gerry Dick Inside Indiana Business nwitimes.com
November 08, 2013 11:31 am  • 

A University of Indianapolis marketing professor says the recent performances of the Indiana Pacers and Indianapolis Colts promote the state's capital as a "big-time city." Larry DeGaris says the Pacers' success last season and fast start this year help "complete the rebranding" of the team since the infamous brawl in 2004. In a Studio(i) interview, DeGaris says both teams have created a civic pride, which results in what he calls "psychic income" for the city.

Economist: Jobs Report 'Masks' Key Statistic

Even though employers created more jobs than expected throughout the country last month, an economist in Indiana says the U.S. "is in a bad economic environment." Ball State University Center for Business and Economic Research Director Mike Hicks says the federal jobs report "masks" the loss of another 700,00 adults from the labor force.

West Lafayette Council Approves Annexation

The West Lafayette City Council has passed an annexation plan that Mayor John Dennis has described as essential to the community's economic growth. One member voted against the proposal, which included the annexation of Purdue University. There have also been concerns about city services connected to the proposal.

Language Training Center Touts Milestone

Indianapolis-based Language Training Center Inc. is celebrating its 20th anniversary. The company currently serves national and international clients including the LPGA and has 80 workers. Chief Executive Officer Martin George and President Hannah Perkey discussed the company's growth earlier this year on Inside INdiana Business Television.

Rescue Mission Begins Work Force Training

The Rescue Mission in Fort Wayne has launched a training effort. The organization says the Workforce Readiness Program will help people staying in shelters improve job searching and interviewing skills.

Village Post Office Opens in Kosciusko County

The United States Postal Service has opened the Greater Indiana District's 52nd Village Post Office in the Kosciusko County community of Claypool. The VPO is located in a combination café/sweet shop in an old bank building.

Ivy Tech Northeast Appoints Executive Director

Ivy Tech Community College Northeast has named Laura Edwards executive director of resource development. She will help develop and execute fundraising strategies for the Fort Wayne campus. Edwards most recently served as director of the Indiana University Health Arnett Foundation in Lafayette.

Franklin College Names Trustees

Franklin College has elected three new members to its board of trustees. The additions include executives from an automotive parts supplier, Proliance Holdings LLC and Biomet Inc.

USI Approves New Master's Degree

The University of Southern Indiana's board of trustees has approved a Master of Arts in English degree. The program, which will be geared toward secondary education instructors, now goes to the Commission for Higher Education for approval.

Environmental Firm Expands Drilling Reach

A Westfield-based environmental contracting firm is expanding into another state. Environmental Field Services Inc. has announced plans to add drilling personnel and equipment in Huntsville, Alabama.

Vectren Posts Third Quarter Profit

Evansville-based Vectren Corp. is reporting third quarter net income of $42.8 million, compared to $39.3 million for the same period a year earlier. The utility has also affirmed its full-year guidance.

Lafayette Health Center Leader to Retire

A national search is beginning for a new chief executive officer of a Lafayette health organization. Veronique LeBlanc is retiring as CEO of Riggs Community Health Center. She helped the operation launch three new sites and implement an electronic health record system.

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

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