Greater Fort Wayne Business Weekly - Aug. 2, 2013

Business Weekly GREATER

FORT WAYNE

AUGUST 2-8, 2013

Daily updates at www.fwbusiness.com

LOCAL NEWS

Tourney scores big Businesses snap up sponsorships

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HOPEFUL FOR A HIT Looking to take advantage of traffic from Parkview Field, other nearby venues, Rudy’s opens in long-distressed neighborhood BY RICK FARRANT LINDA LIPP

The Firefly has been a popular North Anthony neighborhood meeting place for 14 years and also draws from the nearby Ivy Tech Community College-Northeast and Indiana University-Purdue University Fort Wayne campuses.

‘Here to stay’ North Anthony on the rebound despite closing of Scott’s store BY LINDA LIPP llipp@kpcmedia.com

Like a mall that loses its anchor tenant, the North Anthony Boulevard business district faced a potentially devastating loss of shoppers and traffic when the Scott’s grocery store at Anthony and Crescent Avenue closed in May 2012. But the district is bustling, nevertheless, with an influx of new shops and restaurants in the past few years that have helped give the old northside neighborhood commercial area a new lease on life. “There’s been a lot of resurgence up n

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Rudy Mahara Sr., with his well-sculpted Hemingway-esque beard, stout build and blue eyes that have the look of great distances and even greater stories, might pass for a veteran sea captain. But the 60-year-old Mahara is not a sea captain. He is the president of Mahara Wealth Partners in Fort Wayne. And he has chosen to dock his dreams on a land-locked island of 25 mostly worn older homes and buildings on West Brackenridge Street, immediately southwest of Parkview Field. It is a somewhat distressed downtown block the city hopes will one day emerge as a thriving multiuse area, and Mahara is the first since Parkview Field’s debut in 2009 to arrive on the island with a commercial enterprise: the aptly named Rudy’s. It is an unlikely business for the area: a quaint, first-floor retail outlet in a renovated 1891 Queen Anne that will sell Indiana wines, Indiana microbrews, cigars and DeBrand Fine Chocolates. The second floor is zoned residential and will be occupied by a private corporation of cigar aficionados. Mahara, who officially opened Rudy’s on July 31 after investing about $200,000 in the place, has all kinds of reasons for thinking the unique business will be a success, not the least of which is a small, beckoning red neon sign perched near the peaked eaves of the building.

RICK FARRANT

Rudy Mahara Sr., with wife Susan, envisions solid patronage for his wine, beer, cigar and chocolate business from people attending Fort Wayne TinCaps games.

“One thing for sure is that the stadium is 250 feet away from me and there’s (thousands) of people 70 times a year that walk by the stadium and when they leave, they can’t help but see the neon sign up there,” he said. “The other thing for sure is that housing is going in across the street and there will be development there. And so that will only

enhance this.” But even if the business doesn’t flourish, Mahara believes it could easily be transitioned back to living quarters that in this era might fetch a better-than-decent rental price because of the building’s location. City Redevelopment Director Greg n

See RUDY’S on PAGE 23

See ANTHONY on PAGE 21

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INSIDE

Vol. 9 Issue 31

Local news .................... 3-7

PERSONAL BUSINESS

BizView .............................. 8

Good relations

Banking & Finance..... 9-10 Personal Business ... 11-12 Top List ............................ 17 BizLeads..................... 18-20

United Way has new director for labor outreach

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GREATER FORT WAYNE Business Weekly n

August 2-8, 2013

August 2-8, 2013

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Sponsorships suit businesses to a ‘tee’ Corporate support is strong for Web.com Tour event BY RICK FARRANT

Construction cuts

rfarrant@kpcmedia.com

Healthy corporate support has given the planned PGA-sanctioned Hotel Fitness Championship at Sycamore Hills Golf Club enough money that all future revenue will go to charity, organizers said. And there is still about a month to go before the Aug. 26 to Sept. 1 internationally televised event, which will include a four-round tournament featuring the best male golfers on the Web.com tour, as well as accomplished Professional Golf Association tour players. Also scheduled are two pro-ams that will directly benefit the Mad Anthonys Foundation and the Evans Scholars Foundation. Duke Butler IV, the tournament’s director through the host Western Golf Association, said corporate support thus far has generated close to $2 million. Not included in that figure are advance ticket sales, which Butler said are going well. He said he is now in discussions with other prospective corporate sponsors for signs on six electronic leaderboards that will be placed throughout the course. “The corporate support has been very strong,” Butler said, “and we hoped it would be in Year 1. There’s no question about it. I can see this tournament being a staple of the community for a long time to come.” The top corporate backer is the title sponsor, Fort Wayne-based Hotel Fitness, which has pledged to support the tournament for at least three years. Duke said the hotel-fitness equipment provider contributed $1.3 million to the event this year. Next in line is Hoosier Park Racing/Casino, which contributed $75,000. Hoosier Park operates an off-track betting facility in Fort Wayne. Many of the corporate sponsors elected to purchase amenity packages such as the Nicklaus Skyboxes, which at $27,500 a pop include 25 stadium-style seats in covered structures along the 18th green and landing area, plus additional grounds tickets. Other sponsors chose $10,000 Champions Club packages that include 10 open-air seats near the 18th green and 10 more tickets to practice rounds. Demand was so great for the Nicklaus Skyboxes that tournament organizers had to bump up the number of skybox packages from 16 to 18. The law firm Barrett & McNagney LLP was one of the first to secure a skybox. Law-firm partner Tony Stites said Barrett

STOCK.XCHNG

& McNagney’s rationale for sponsoring the tournament was twofold: support the community and use the preferred access to entertain clients. “We believe we are the pre-eminent local law firm, we believe this is the marquee sporting event for the region, and therefore we need to support this event and the folks running it,” he said. “We also believe it is a wonderful opportunity to entertain our clients. “The big picture is that we just think this a great event for the region that helps grow the reputation of the area.” Similar sentiments were expressed by Champions Club supporters, including Old National Bank and Indiana Michigan Power. Sarah Bodner, director of communications and community relations at I&M, said the utility hopes to use its participation as an economic-development tool to draw new business to the region. “If we’ve got somebody who’s interested in the area,” she said, “this would be a great way to show them everything that Fort Wayne has to offer — that Fort Wayne is a great place to do business.” Other companies have chosen to extend in-kind sponsorships. Parkview Health, for instance, will provide on-site medical services operated by a variety of healthcare professionals, according to a Parkview Health spokesman. n

See TEE on PAGE 4

Construction employment increased in 191 out of 339 U.S. metropolitan areas between June 2012 and June 2013, but Fort Wayne was not one of them. Bloomington, Gary, Fort Wayne, Evansville, South Bend and Michigan City all saw declines in construction employment. Indianapolis, Kokomo and Terre Haute were all up, according to an analysis of federal employment data by the Associated General Contractors of America. Statewide, Indiana lost 7,900 construction jobs, or 6 percent of its construction industry employment, over the year. Across the country, strong residential construction activity is being offset by lackluster private investment and shrinking public construction spending, the contractors association said.

Learn about valuable tools and how to use them!

Social Media Summit

8:30 A.M.-1 P.M. August 14 at The Chamber

Keynote address: Online and Offline Marketing: How To Connect the Dots. Kevin Mullett, Cirrus ABS Closing address: The 3 R’s of Linked In: A Formula for Making the Most of Your Time. Anthony Juliano, Asher Agency Other sessions to choose from: Æ Social Media & the Law. Tony Stites and Jeremy N. Gayed, Barrett & McNagny Æ Blogging and Content Marketing for Business. Derek Pillie, Cirrus ABS Æ Social Media Guidelines for Employees. Heather Schoegler and Tamarah Brownlee, Parkview Health Æ Twitter 101 for Business. Amber Recker, Cancer Services of Northeast Indiana

Register at fwchamber.org/smsummit

Chamber members:

$

49

after Aug. 9: $69

Nonmembers:

$

99

after Aug. 9: $129 Lunch sponsored by Club Soda. Coffee sponsored by Office Depot. The Greater Fort Wayne Chamber of Commerce is now part of Greater Fort Wayne Inc.

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Run, bike, swim: New store caters to triathletes Human Motor Works, a multis-

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port shop catering NOTEBOOK to cyclists, swimmers and runners, has opened in Covington Plaza. Avid triathlete Jim Galliher is the owner of the store, which also provides training in its Human Energy Lab. The store reďŹ&#x201A;ects the growing popularity of triathlons as well as the success of the Fort Wayne Trails Linda Lipp network. The shop sells a number of lines of bicycles, running shoes, swimming gear, apparel and accessories for beginners, hobbyists and serious athletes. It also offers bicycle tune-up services. Hours are 10 a.m. to 7 p.m., Monday through Friday; and 10 a.m. to 5 p.m. Saturday. A grand-opening celebration will be held Aug. 17. For more information, visit www.humanmotorworks.com.

REAL ESTATE & RETAIL

SPERRY VAN NESS PARKE GROUP Neal Bowman represented both the lessor, M-B-C Corp., and the lessee, Another Manâ&#x20AC;&#x2122;s Treasure, in the lease of 2,460 square feet of retail space at 550 E. State Blvd. James Lohman represented both the lessor, 3217 Lake Avenue LLC, and the lessee, Parkview Health System Inc., in the renewal of a lease of medical ofďŹ ce space at 3217 Lake Ave. Diana Parent represented the lessor, Chestnut West LLC, in the lease of 2,559

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square feet of ofďŹ ce space at 1102 Chestnut Hills Parkway. Mark Baringer represented both the buyer, AR Capital LLC, and the seller, HIZ Properties II LLC, in the purchase of Advance Auto stores at 111 E. Lexington St., Eaton, Ohio; and 960 S. Shannon St., Van Wert, Ohio. Parent represented the lessor, Wayne Partnership LLP, and Whitney Peterson represented the lessee, Dahm Law OfďŹ ces LLC, in the lease of ofďŹ ce space at 110 W. Berry St., Suite 2007.

FELDERMAN DESIGN-BUILD Felderman Design-Build was awarded a contract to design and build a 9,000-squarefoot multitenant retail building in Fishers for Freeland Realty.

STREBIG CONSTRUCTION Strebig Construction Inc. was awarded a contract by Rea Magnet Wire for an expansion to the CTC room.

CBRE/STURGES Carolyn Spake-Leeper and Karen Spake represented both the landlord, Red Sea LLC, and the tenant, HealthSmart Holdings Inc., in the ďŹ ve-year lease of

732 square feet of ofďŹ ce space at 10331 Dawsonâ&#x20AC;&#x2122;s Creek Blvd., Suite F. Spake-Leeper and Spake represented the landlord, Burlington Properties LLC, in the renewal of a lease to Ricoh Americas Corp. for 2,898 square feet of space at 9434 Lima Road, Suite A, in the Lancia Centre. Jessica Huffman represented both the landlord, AJs LLC, and the tenant, Summit City Healing LLC, doing business as Elements Therapeutic Massage, in the ďŹ ve-year lease of 1,800 square feet of space at 10020 Lima Road. Spake-Leeper and Spake represented the owner, CityHi LLC, in the sale at auction of a 6,000-square-foot ofďŹ ce/warehouse on 2.1

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acres at 3108 Lower Huntington Road. Bill Cupp represented the landlord, CCSW Properties LLC, in the new 15-year lease of 96,000 square feet of industrial space at 4578 E. Park 30 Drive, Columbia City. The lessee, Warner Electric LLC, was represented by Steven Zacher of Zacher Co./CORFAC International and John Dolan III of McCall & Almy Inc., Boston. Alexander Genova represented the landlord of Wells Commerce Center and the tenant, Rainguard Seamless Guttering, in the renewal of a lease of 3,000 square feet of space at 3696-3698 Wells St. Genova represented both the landlord of Lima Road Properties and the tenant, Costco Wholesale, in the new lease of 2,000 square feet of space at 4715 Lima Road, in the Lima Road Retail Center.

BURLINGTON PLANS SECOND STORE Off-price retailer Burlington will open a new 50,000-square-foot store this fall at Glenbrook Commons in the space previously occupied by Steve & Barryâ&#x20AC;&#x2122;s. It will be the second Burlington store in Fort Wayne and one of a dozen in Indiana. Burlington offers brand-name merchandise at a discount of up to 65 percent from department-store prices. The company, owned by Bain Capital, has shortened its brand name from Burlington Coat Factory, in part to emphasize that it carries a range of clothing, accessories, furniture, and home decor and gift items. Burlington has 500 stores in 44 states and Puerto Rico.

WOOD REFINISHER OPENS BUSINESS IN HOME DEPOT N-Hance Revolutionary Wood Renewal

has a new kiosk in the Home Depot store on Lima Road. Ben Knipp is the Fort Wayne operator for the wood reďŹ nishing chain, which has a presence in 1,400 Home Depot stores across the country. N-Hance uses a proprietary process to reďŹ nish wood ďŹ&#x201A;oors and cabinets that requires no sanding, creates no noxious fumes and dries quickly. Customers can schedule a free in-home estimate or sign up for N-Hance services at the kiosk or schedule them by visiting www.homedepot.com/nhance. If you have items for the real estate and retail column, please contact Linda Lipp by e-mail at llipp@kpcmedia.com, by phone at (260) 426-2640, ext. 307, or by mail at Greater Fort Wayne Business Weekly, 3306 Independence Drive, Fort Wayne, IN 46808.

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August 2-8, 2013

TEE: Up to 150

players will compete Continued from PAGE 3

Even entities that are not providing ďŹ nancial or in-kind support will participate in ways that are beneďŹ cial to the event and the region. Dale Buuck, vice president of development for the Northeast Indiana Regional Partnership, said the organization â&#x20AC;&#x153;is taking advantage of this national event as a way to invite site selectors to the region. â&#x20AC;&#x153;It is our plan to use the (Chick Evans Memorial Pro-Am) as a draw to bring in a select few professional site location consultants and, while here for the event, we will show them the region and introduce them to our member economic-development professionals.â&#x20AC;? The golf championship, with a purse of $1 million, is one of four Web.com tour ďŹ nals competitions that will have a major role in 50 players earning PGA tour playing privileges for the 2013-14 season. Competing will be 140 to 150 players, including the top 75 Web.com tour competitors and some of the PGA golfers ranked 126th through 200 in the FedEx points standings. Organizers have estimated the tournament will have a spin-off economic impact of $4 million to $5 million. Butler said the corporate money generated thus far will be used to support the tournamentâ&#x20AC;&#x2122;s purse and other costs, including general operations; advertising, marketing and promotions; construction of skyboxes; and staff expenses. Now that those costs are covered, he said, the additional money will go to the two foundations and other local charities Butler is working to identify. Butler said it has been somewhat of a challenge to create awareness in the corporate community about the signiďŹ cance of the event. But he and Sycamore Hills General Manager Eric Schneider said the eventâ&#x20AC;&#x2122;s import is gaining traction. â&#x20AC;&#x153;I think the business community and the community at large are ďŹ guring out that this is more than a golf tournament,â&#x20AC;? Schneider said. â&#x20AC;&#x153;Itâ&#x20AC;&#x2122;s a community event. Iâ&#x20AC;&#x2122;m glad to see that businesses and the general public are ďŹ guring it out. And I think that when they come out and see it, theyâ&#x20AC;&#x2122;re not going to be disappointed.â&#x20AC;? Said Butler: â&#x20AC;&#x153;This is the largest professional sporting event thatâ&#x20AC;&#x2122;s come to Fort Wayne and northeast Indiana in some time. Itâ&#x20AC;&#x2122;s going to be the place to be during tournament week.â&#x20AC;?

August 2-8, 2013

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Solstice Medical receives three more patents Rescinded S o l s t i c e Medical has

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received some NOTEBOOK new U.S. and international patents for its radio-frequency identification tag products developed for the health-care industry. This year’s three RFID product patent a d d i t i o n s increase the number of patents Doug LeDuc held by the Columbia Citybased company to seven, which Chief Executive Officer Dan Sands said in a statement makes the patent portfolio for its MD3 tag product “arguably the most comprehensive in the industry.” Patents for a metal implement RFID coupler and a passive repeater for a metal container were awarded in June, and a patent for a side-loaded shortened patch RFID tag was awarded in January. The patent announcement said the MD3 product line for reusable surgical devices is designed to withstand sterilization and life-cycle logistics rigors. “Solstice established the industry benchmark for survivability and has demonstrated long-term successful use at leading medical device manufacturers and health care providers,” Sands said in the announcement. “Our patented technologies enable very small ultra-high frequency (UHF) passive RFID tags to generate long read distances on metal and non-metallic surfaces and that endure extreme temperature variations, making them ideally suited for the medical industry.” Solstice said its five U.S. and two European patents protect features of its MD3 product line including UHF antenna designs that couple with metal to extend the distance from which they can be read. The patents also protect some encapsulation and shielding, and some patch and passive repeater antenna designs.

TECHNOLOGY

IPFW CREATES ONLINE COURSE FOR INFORMATION SYSTEMS Students at Indiana University-Purdue University Fort Wayne will be able to earn a bachelor of science in information systems online through a program the

school plans to begin this fall. The university said the new program will complement existing on-campus associate- and bachelor’s-degree programs in information science. An announcement on the program said students may enter the online program without programming experience or a high-level mathematics background, but they should have an interest in problem solving in a corporate setting. Information-systems professionals help design, implement and manage computer systems used in every aspect of an organization’s daily operations, and in the analysis and delivery of information needed to support those operations. Demand for professionals with IS skills is expected to increase. The National Association of Colleges and Employers has projected 40 percent of the jobs related to computer science will go unfilled in 2018. “IS graduates are in high demand and the need is increasing,” Peter Ng, a professor who chairs IPFW’s computer-science department, said in a prepared statement. “Our graduates are highly sought after in our region, and have been successful throughout the U.S. and other nations.” Ng said IS graduates who have earned a bachelor’s degree can expect annual starting salaries ranging between $45,000 and $50,000 in northeast Indiana, and between $75,000 and $78,000 in other regions of the United States. “Our graduates are very pleased with their starting salaries and are happy their hard work has paid off,” he said. “We have a 100 percent placement rate — most of our students are placed before the graduate.”

I&M PRESIDENT, COO JOINS INDIANA TECH BOARD Paul Chodak III, the president and chief operating officer of the company that supplies power to Fort Wayne, has joined Indiana Tech’s board of trustees. Indiana Tech has an enrollment of more than 1,100 in Fort Wayne, with 750 additional adult learners attending weekend and evening classes. Chodak is president and COO of Indiana Michigan Power, the Fort Wayne-based subsidiary of American Electric Power. A statement on the addition to the university’s board said Chodak also serves on the board of the Indiana Chamber of Commerce and Indiana Energy Association. He is a member of the American

Nuclear Society, the Regional Chamber of Northeast Indiana and the Sigma Xi Research Society.

Chodak has led I&M since 2010, when he was appointed to his current position following service as president and COO for AEP’s Southwestern Electric Power Co. Before coming to AEP, he conducted research on nuclear power technology and policy as a scientist at Los Alamos National Laboratory after receiving a U.S. Energy Department fellowship to study nuclear engineering at Massachusetts Institute of Technology, where he earned a doctorate. Previously he had earned a civil engineering master’s degree at Virginia Polytechnic Institute and graduated with honors from Worcester Polytechnic Institute, where he earned a bachelor’s degree in chemical engineering on a Naval ROTC scholarship. He served the U.S. Navy as a submarine officer for more than seven years.

GENTEQ MOTOR, APP EARN DEALER DESIGN AWARDS A Fort Wayne-based division of Regal Beloit was honored for its product design excellence during an annual awards event sponsored by a trade publication for the heating, ventilation and air-conditioning industry. Genteq received gold and bronze awards at the 10th-annual Dealer Design Awards sponsored by the Air Conditioning, Heating & Refrigeration News

after an independent panel of contractors evaluated 122 award nominations. The company received a gold award in the event’s HVAC high-efficiency residential equipment category for Genteq’s Evergreen EM motor, which uses 74 percent fewer watts than a standard replacement blower motor for a furnace or air conditioner. The Mexican-made Evergreen motors are marketed out of Fort Wayne, where they were developed. Genteq received the bronze award in the contractor services and software category for its E-Lab Training mobile app, which provides contractors access to the company’s 19 training videos on a variety of motor and capacitor topics. If you have items for the technology column, please contact Doug LeDuc by e-mail at dleduc@kpcmedia.com, by phone at (260) 426-2640, ext. 309, or by mail at Greater Fort Wayne Business Weekly, 3306 Independence Drive, Fort Wayne, IN 46808.

abatements subject of city meeting BY DOUG LEDUC dleduc@kpcmedia.com

An informal Fort Wayne City Council committee meeting is scheduled for Aug. 5 to discuss the aftermath of its decision last month to rescind property-tax abatements on 11 projects. The 2 p.m. meeting at the City Council chambers in Citizens Square will involve up to four members of the council and some city of Fort Wayne economic-development officials. It will be open to the public and anyone with an interest in the city’s property-tax abatement policies is welcome to attend, said Geoff Paddock, who plans to be there as the council member who led the city’s review of its tax-abatement policies. “For companies that may want to reapply, we’ll have to see what those procedures will be, and it could require amending the ordinance. That’s kind of what we want to see right now,” he said. Part of the purpose is to review “what the Legislature has done and what we may want to go over in the future to change,” he said. Elissa McGauley, an economic-development specialist for the city’s community development division, said on July 30 the city was waiting to hear from Joe Bonahoom, the City Council’s attorney, for details related to the process of rescinding n

See ABATEMENTS on PAGE 7

TAKING IT BACK Companies with projects considered in noncompliance for tax abatements by the Fort Wayne City Council were: Q Brooks Construction Q Calico Precision Molding Q CNC Industries Q Craftline Graphics Q Lincoln Printing Corp. Q SIRVA/North American Van Lines Q Phoenix America Q Seavac USA Q Radiology Oncology Associates Q RMD Resources Q Wayne Pipe & Supply

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August 2-8, 2013

Event promotes signing up for health insurance Community Action of Northeast Indiana will

host an event Aug. 8 to encourage Allen County residents to sign up for one of two state-funded health insurance plans,

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Reporter’s PHARMACY SCHOOL HAS NEW NOTEBOOK BATCH OF STUDENTS

Hoosier Healthwise and the Healthy Indiana Plan.

The event, from 4-7 p.m. at Fairfield Elementary School, 2825 Fairfield Ave., is being arranged in partnership with East Allen County Fort Schools , Wayne Community Schools, Lutheran Health Network , Parkview Health and MDwise.

HEALTH CARE Rick Farrant

Each child in a household that completes an insurance enrollment application will receive a backpack loaded with school supplies. Paige Wilkins, program supervisor for CANI’s Northeast Covering Kids & Families, said about 22 percent of adults and 8 percent of children in Allen County are uninsured. She said a family of four can make up to $56,000 a year and still qualify children for Hoosier Healthwise. Parents in a family of four can earn up to $42,000 and qualify for the Healthy Indiana Plan. Wilkins said there are a number of reasons working families don’t have insurance, including it isn’t provided by employers or it’s too expensive to obtain through employers. People attending the insurance event must provide a number of documentation items, including; name; date of birth; Social Security number; driver’s license or other photo ID; proof of all income within the past 90 days; proof of pregnancy, if applicable; proof of child-care expenses; proof of private health insurance; and proof of U.S. citizenship. More information is available by visiting CaniHelp.org.

Seventy-three more students from 21 states have been welcomed into the freshman class at the four-year Manchester University College of Pharmacy in Fort Wayne. They have joined 62 second-year students who last year were part of the doctoral program’s inaugural class. More than 450 qualified students from across the nation applied for the 73 seats in the Class of 2017. After filling the class, school officials said, 100 prospective students remained on a waiting list.

CAMPAIGN STRESSES ‘LOOK BEFORE YOU LOCK’ The Indiana Chapter of the American Academy of Pediatricians participated in a daylong social-media campaign July 31 to increase awareness about the dangers of leaving children unattended in cars. The campaign theme was “Where’s Baby? Look Before You Lock.” The effort coincided with the start of August, one of Indiana’s hottest months. “There is such a great need to educate the public about the dangers of leaving children unattended in hot vehicles, even for just a few minutes,” said Carolyn Lytle, president of the Indiana chapter. “Making a habit of stopping to look into the back of the car before locking the doors is a good way to make sure children are not accidentally left in a vehicle.”

HERITAGE PARK ADDS WOUND CARE SPECIALIST Licensed practical nurse Jennifer Deturk has joined Heritage Park in Fort Wayne as a wound care specialist. Heritage Park, operated by American Senior Communities, offers such services as rehabilitation, hospice, respite, skilled and long-term care. If you have items of interest for the health care column, please contact Rick Farrant at rfarrant@kpcmedia.com, (260) 426-2640, ext. 308, or at Greater Fort Wayne Business Weekly, 3306 Independence Drive, Fort Wayne, IN 46808.

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BRIEFLY

DEK ALB COUNTY

RIFKINS JOIN JOINT VENTURE Waterloo-based MetalX has formed an affiliate company in Birmingham, Ala., to buy a couple of scrap processing facilities in the South. The Rifkin family founded MetalX last fall. Its Steel City Recycling affiliate has purchased full-service processing facilities in Birmingham and West Point, Miss., which together can handle all grades of scrap metal in significant volumes for recycling. The Rifkin family in Fort Wayne formed Steel City as a joint venture with two other

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families with extensive experience in scrapmetal recycling: the Marynowski family of Intonu in Atlanta and the Dreher family of Jefferson Iron & Metal Brokerage Co. in Birmingham. “We’re looking forward to an opportunity to build a solid new business in the South,” said John Marynowski, Intonu’s chief executive officer and a longtime resident and business owner in Fort Wayne. Of the recently acquired businesses, MetalX President and CEO Danny Rifkin said their purchase will “establish a platform for the growth of Steel City Recycling into the leading scrap recycling company in that region.”

ABATEMENTS: City toughens compliance

Continued from PAGE 5

tax abatements. Indiana code requires cities to conduct an annual review of their tax abatements, which phase in property taxes over several years, to make sure businesses are in compliance. The city’s staff reviewed more than 200 property-tax abatement forms and found 11 that failed to perform as the recipient businesses promised — with job creation or investment in the company’s equipment or facilities — to the extent that the project would be considered noncompliant. The businesses are considered compliant if they follow through during a specified time frame on at least 75 percent of the employment and investment levels they promised when they filed for an abatement. The City Council approved by an 8-0 vote continuing property-tax abatements for all of the projects reviewed except for the 11. The majority of the 11 projects had invested the amount they had projected — or are planning to — but underperformed on job creation, McGauley said. The Indiana code allows recipients to keep their property-tax abatements if they fail to perform as specified on job creation as a result of adverse conditions affecting their particular industry or the economy in general, she said. And with the 11 projects, “in most cases the factors that caused the noncompliance were beyond the control of the company,” McGauley said. Information on the extenuating circumstances was provided to the council in connection with the 11 cases, and in past years when that type of information was presented it would have been considered sufficient to keep the abatements, she said. Most of the reaction to the decision that McGauley’s office has heard “has been the companies asking for clarification and

what’s going to happen next and I told them I will let them know,” she said. As the city’s liaison to Greater Fort Wayne Inc., McGauley said the stance the City Council takes on tax abatements could affect its reputation as a community committed to attracting and growing businesses. Paddock said “we are sending a message that we’re watching these more closely and companies that receive these tax breaks have to meet the benchmark or come close to it or they’ll lose them.” “While this is somewhat new action not taken previously, we are going to be meeting to discuss this further to see what the road map will be for companies to reapply,” he said. “There may be a Phase 2 of this process coming up later this year.” It may be necessary to determine how long a business would need to wait to reapply for a property-tax abatement on a project once an abatement has been rescinded, Paddock said. When the city reviewed its tax-abatement policies following the creation in 2011 of a “super abatement” — which provides even more of a tax break to businesses provided the new jobs they create pay 10 percent more than the county average for a particular job category — officials decided to make all abatements a little more difficult to obtain and more stringent when it came to compliance, he said. “These 11 companies, they’re all existing companies and some have been in operation for many, many years. We want to be fair with these and we want to help business development,” Paddock said. “This is a very strong, pro-business City Council, but we have to be sure we are providing a benefit a company needs to stay in business and they’re making their best efforts to comply with the set of standards they’re given.”

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GREATER FORT WAYNE

Business Weekly 3306 Independence Drive Fort Wayne, IN 46808 (260) 426-2640 Fax: (260) 426-2503 www.fwbusiness.com

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August 2-8, 2013

Ivy Tech: our hope and, sadly, our failure

Terry Housholder thousholder@kpcmedia.com Publisher

Lynette Donley ldonley@kpcmedia.com Advertising Director

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Schooled in debt As college costs rise, so rises student debt. Nationwide, the tuition sticker price at public four-year colleges is up 27 percent beyond overall inflation over the last five years, according to the College Board. In Indiana, students who borrowed for college and earned bachelor’s degrees in 2011 graduated with an average $27,500 in student loan debt, 11th highest in the nation. Overall, 63 percent of Hoosier students graduated with debt. Nationwide, the average student debt was $26,600 in 2011 and $25,250 in 2010, according to a new report from the Project on Student Debt at The Institute for College Access & Success. For-profit colleges do not share their student debt information, but, in general, students who graduate from for-profit schools have a higher debt load. According to the report, 70 percent of Ball State graduates graduated with debt. Average debt was $25,667. The figures for other schools are: Indiana State, $18,445, 57 percent; Indiana University Bloomington, $28,434, 53 percent; Indiana University-Purdue University Fort Wayne, $25,190, 73 percent; Purdue, $27,286, 54 percent; Butler, $36,925, 66 percent; Goshen, $15,416, 67 percent; Huntington, $28,860, 63 percent; Manchester,

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EDITORIAL

$29,958, 88 percent; Rose-Hulman, $42,689, 70 percent; Trine, $30,400, 90 percent; University of Indianapolis, $31,004, 77 percent; and Notre Dame, $30,170, 55 percent. Although many young graduates are underemployed (with part-time or lower paying jobs that do not require a college education) their overall unemployment rate is far lower than the unemployment rate for young people without a college degree. Student debt — estimated to total $1.2 trillion — is up 20 percent in the last two years. The largest form of consumer debt behind mortgages, student debt holds back the economy by delaying the ability of young graduates to buy homes. Federal student loans, with options like income-based repayment, are reported to be the safest way to go. To get the most for their education dollars, students need to take challenging classes in high school and do their homework regarding tuition prices, funding options, graduation rates and job placement when selecting colleges and courses of study. This editorial originally was published by Business Weekly owner KPC Media Group Inc.

WHAT’S YOUR VIEW? Want to share your thoughts on something you’ve read? Business Weekly welcomes letters to the editor and guest columns. E-mail them to news@fwbusiness. com, fax them to (260) 426-2503 or mail them to Business Weekly, 3306 Independence Drive, Fort Wayne, IN 46808. Business Weekly reserves the right to edit submissions for clarity and length.

Several years ago, I asked the chancellor of Ivy Tech Community College in Gary, “Why does your institution exist?” The response was clear and definitive: “We are a second-chance school where those who seek additional education experiences can turn after high school.” He did not say, “We are here to grant degrees and certificates.” Ivy Tech is Indiana’s legislative answer for the poor quality work done by our high schools. A n significant portion of Ivy Tech’s resources is used for remediation in English and math. What was not learned in the primary or secondary grades is offered to young adults to enlarge their opportunities in life as well as in the job market. As we have lowered standards in “academic studies” and decreased vocational training in high schools, the burden on Ivy Tech and our traditional colleges and universities has increased. Some high-school students are ready by their senior year to take college credit courses. But these are the few, the academic elite. Many who have not dropped out of high school by their Morton J. senior year are deficient in English and math, in history and government, to say nothing of civility. Marcus Whiners in state government believe that students should graduate in a given period of time. They forget that most of these students are not well-prepared for learning. The mission of education, in the minds of state government officials, has changed from imparting the wisdom of civilization to preparing youths for that first paycheck. A college student without a confirmed career orientation is considered a wastrel, squandering the resources of his/her family and of the state (to the extent that the state provides any resources). Ivy Tech bears the burden of impossible expectations. It is supposed to prepare young people for jobs by certifying they have completed certain requirements satisfactorily. The appropriate metric for such an institution is not a graduation rate, but a placement rate. What portion of Ivy Tech students find employment within what period of time? Adjusting for the general rate of unemployment, it is success in employment that counts, not some piece of paper stamped with the institution’s logo. A student may be in Ivy Tech for a short period of time and still be counted as a success, if we drop the expectation of certification. The issue is not for the students to meet the demands of the college, but for the college to meet the needs of the students. Over the years, Ivy Tech has made serious errors. It became an employment center for members of the General Assembly. It overreached and built an excessive number of campuses. It built an empire of administrators to exchange memos with other administrators. Meanwhile, many of its students left without necessary job-related skills. These problems can be addressed with time. What cannot be recovered are the lost opportunities of students who have been denied the education/job preparation they sought and did not receive.

EYE ON THE PIE

MORTON J. MARCUS is an independent economist, writer and speaker formerly with Indiana University’s Kelley School of Business. He can be reached at mortonjmarcus@yahoo.com.

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Political indecision weighs on U.S. economic forecasts (AP) — Politicians and economists are straining to get a clearer view of what the economy will look like a year from now, when midterm political campaigns are heating up. Republicans see the glass as half empty; Democrats view it as half full. And the economists aren’t sure. “Our economy is recovering at the slowest rate since World War II,” House Speaker John Boehner, R-Ohio, lamented to a group of manufacturers. “Quarter after quarter, the growth numbers barely move, unemployment stays about the same.” Democrats beg to differ. “There are a lot of reasons for us to feel optimistic about where we’re headed as a country,” President Barack Obama tells audiences, citing steady jobs gains, a falling deficit and a more stable housing market. Which is it? Economic forecasters are torn. And their forecasts are suddenly all over the map. Some see U.S. growth stuck below 2 percent for some time, while others — among them the Federal Reserve and the White House — predict it will climb above 3 percent as soon as next year. While the economy clearly is on the mend, the different forecasts stem from the fact that the recovery’s pace is uneven, economic growth remains anemic and the unemployment rate is still stubbornly high four years after the deep 2008-09 recession ended. Feeding the uncertainty are confusion over when the Federal Reserve will start turning off the easy-money faucet and

THE ASSOCIATED PRESS

In this July 9 file photo, John Boehner speaks following a Republican strategy session at the Capitol in Washington, D.C. With next year’s midterm elections looming, Republicans and Democrats are painting distinctly different pictures of how the U.S. economic is faring.

the sharp partisan divides on Capitol Hill over spending cuts, raising the U.S. debt ceiling and funding the government for the budget year that begins Oct. 1. Assumptions about yet-to-be-made decisions by Washington, D.C., policymakers can have an enormous impact on forecasts. “Forecasting these days is difficult.

There are a lot of imponderables out there,” said Nariman Behravesh, chief economist for IHS Global Insight, an economic forecasting firm. He’s telling clients that right now economic growth is likely to remain between 1.5 and 2 percent through September. “Employment growth will be n

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EARNINGS RISE AT TOWER FINANCIAL Increased noninterest income and a reduction in its loan loss provision contributed to 17-percent second-quarter earnings growth for Tower Financial Corp. The Fort Wayne-based parent company of Tower Bank & Trust Co. reported second-quarter earnings of $1.6 million, or 34 cents per share, which was up from $1.4 million, or 28 cents per share, for the same period last year. Its loan loss provision fell to $300,000 from $925,000. The company’s second-quarter net interest income of $5.2 million was down from $5.7 million for the year-ago quarter, but its noninterest income of $2.3 million was up from $2.1 million. An earnings announcement noted the company had increased its quarterly dividend 14 percent to 8 cents per share payable Aug. 22 to shareholders of record on Aug. 8. “We continue to be pleased with our progress and our ability to once again increase the dividend to our shareholders,” Mike Cahill, Tower’s president and chief executive officer, said in the announcement. “Our efforts to control overhead, expand our fee revenues and work through our nonperforming assets has allowed our bottom line to improve during a period of lower loan demand and low interest rates,” he said. “This is a tribute to the many fine team members that I am fortunate enough to work with. We continue to add new customers and expand our existing relationship base, which will greatly benefit us as the economy continues to recover.”

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FORECASTS: Bernanke asks Congress to share in the burden

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OK but not great.” But a lot depends on Congress. “And the politics are such that the closer we get to the midterm elections, it’s more likely that nothing is going to be done,” he said. It’s not a new predicament. An exasperated President Harry Truman once famously pleaded for a one-armed economist, complaining, “All my economists say, ‘On the one hand … on the other.’” “There’s still a fair amount of angst over fiscal policy. And the level of the angst is definitely a function of whether you’re a Republican or a Democrat,” said Mark Zandi, chief economist at Moody’s Analytics, another economic forecaster. “And then as you move into next year and the elections, there’s going to be more hand-wringing as well because of the political back-and-forth.” Even so, Zandi is optimistic. “We are going to start to see stronger growth. The fiscal drag will fade, the housing recovery will add more juice to growth and the Federal Reserve will be able to manage through this in a reasonably graceful way.” Most economists see a slowly recovering economy, but not all. There’s always that “other hand. “

“The economy is as sick today as it was prior to the financial crisis and the Great Recession. Those were caused by fundamental dysfunctions that remain unfixed,” said business economist Peter Morici of the University of Maryland. Federal Reserve economists are moderately upbeat, projecting that economic growth will climb next year to between 3 percent and 3.5 percent for the first time since before the Great Recession. The economy grew at a subpar 1.8 percent annual rate from January to March. The Fed has signaled that it intends to keep interest rates super low at least until the jobless rate falls to 6.5 percent. It was 7.6 percent in June. Fed Chairman Ben Bernanke recently said that the Fed has done what it can to keep the economic recovery going, but that Congress must also help. He told the Senate Banking Committee that the Fed’s low interest-rate policies have carried “an awful lot of the burden” to drive economic growth. Fed officials would have been very happy to “share that burden” with Congress, he added. The White House, in its newly released “midsession review,” projected the economy would grow 2.4 percent this year, down from the 2.6 percent it projected in April.

August 2-8, 2013

BRIEFLY

ALLEN COUNTY

White House officials blamed the lower estimate on across-the-board spending cuts that began in March and slower growth in China and Europe. The White House also projected that the federal budget shortfall would decline to $759 billion for the fiscal year ending Sept. 30 — the first time in Obama’s presidency that the annual deficit will have dropped below $1 trillion. And it said the jobless rate would fall to 6.8 percent for calendar year 2014, then down to 6.5 percent in 2015 and stabilizing at 5.4 percent by 2017. Other forecasts aren’t as rosy. The International Monetary Fund sees the U.S. economy growing at just 1.7 percent this year and 2.7 percent next year. And the nonpartisan Congressional Budget Office projects the economy will grow just 1.4 percent this year and the unemployment rate will average 7.9 percent — absent changes in current law. “It’s an extremely difficult time to get the policy forecast right and that’s driving the economic forecast,” said Douglas Holtz-Eakin, a former CBO director who now heads the American Action Forum, a conservative public-policy institute. What will the Fed, the Congress and the administration come up with? “Who knows?” he said.

LOAN LOSS PROVISION PUSHES DOWN IAB EARNINGS An increase in its loan loss provision contributed to a 45-percent decrease in second-quarter earnings at Independent Alliance Banks. The Fort Wayne-based parent company for IAB Financial Bank reported second-quarter earnings of $1.2 million, or 30 cents per share, which was down from $2.2 million, or 55 cents per share, for the same period last year. IAB’s loan loss provision rose to $1.4 million from $545,000. An earnings announcement said the increase “related to one commercial credit and increased loan expenses.” The company’s second-quarter net interest income of $7.1 million was down from $7.5 million for the year-ago period, and its other income of $2 million was down from $2.1 million. IAB noted during the second quarter its dividend had increased by 5 percent, or 1 cent per share, to 21 cents per share, and its stock had split 3-for-1, increasing the total number of outstanding shares to 4.1 million.

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“If you are continually learning then it is not as difficult to learn something new” CAREER PATH

Name: Gayle Goodrich Organization: United Way of Allen County Title: director of labor relations and community service Date started: July 25 Education: Interstate Technical Institute, associate degree in tool, die and injection mold design, 1990; Indiana UniversityPurdue University Fort Wayne, bachelor’s in general studies, 2006; IPFW, master’s in sociology, 2012

What made you initially decide on a career in engineering?

Design requires a lot of creativity, so that is what attracted me to engineering. I also enjoy problem solving, and design work is simply problem solving. Math and science are the basic tools of engineering, and that turns a lot of students away from that career path, but artistic and creative students should consider engineering as a career path because the visual appeal of a product is often just as important as the function.

How difficult was it to go back to school and get a master’s in a completely different field?

Where did you work as an engineer and what did you like about the work?

I was a designer at Navistar for 14 years. Prior to that, I worked for local suppliers of injection-molded plastic components as a costing engineer. At Navistar, I enjoyed being part of a team that designed a great truck. We had a lot of pride in our products, and it was great to see our trucks rolling down the road and know that they were designed right here in Fort Wayne. How did you get interested in employee assistance programs?

One of my co-workers held the position before I did, so I saw the great work she was doing at Navistar. When she left the company, I asked if I could have that position. I thought the program was really great because it gave the managers and the union a lifeline to offer to employees who

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who held the title as the EAP coordinator, we had hundreds of EAPs out on the floor every day promoting the program to their co-workers. I did have a marketing plan to promote EAP and offer training, but I believe the strongest marketing comes from someone you know — someone who cares enough to offer help when they see that you are struggling with a difficult problem.

LINDA LIPP

After leading Navistar International Corp.’s Employee Assistance Program in Fort Wayne, Gayle Goodrich joined the United Way of Allen County as director of labor relations and community service.

were struggling at work because of personal issues. Financially it made sense, too, because Navistar invested a lot of time and money to train its employees. The Employee Assistance Program helped Navistar to retain valuable employees by assisting them through life’s hurdles to return to being productive and engaged employees. What kind of tasks and training were involved in EAP and what did you find most rewarding about the work?

As the EAP coordinator, I worked one on one with employees and I also worked with the organization

PEOPLE ON THE MOVE April to May.

Colleen Petras was the top loan originator for the month of May for Ruoff Home Mortgage’s Dupont office in Fort Wayne, and Larry Dickey Jr. was the top loan origi-

FORT WAYNE COMMUNITY SCHOOLS

HALLMARK HOME MORTGAGE Michelle Smekens was named the top

producing loan originator for the month of May for all of Fort Wayne-based Hallmark Home Mortgage’s offices. Chris Smith had the largest gain from

How did you come to the labor liaison position at United Way?

I completed my master’s practicum with a group called the Unemployed and Anxiously Employed Worker’s Initiative, which is affiliated with the Northeast Indiana Central Labor Council. The NEICLC is responsible for appointing an individual to the United Way labor liaison position. I have known the previous labor liaison, Vickie Meyers, for a very long time. When Vickie n

See GOODRICH on PAGE 12

E-mail your People on the Move items to news@fwbusiness.com.

RUOFF HOME MORTGAGE

nator for the Southwest office. Petras joined Ruoff in 2008, and Dickey joined the firm in 2011.

as a whole. I would meet with individuals to understand the challenges they were facing and then I would refer them to an appropriate counselor or a community service. Some employees were more comfortable meeting face to face to discuss their needs. Those who wanted anonymity could call a toll-free hot-line for services. I trained union leadership and management to identify employees who may be struggling with personal challenges and refer them to the EAP. This built a strong safety net for employees who did not know where to seek help or were afraid to ask. Although I was the only person

I have been in night school for most of my adult life. I was extremely fortunate because all of my employers offered paid college education, and I saw the value in that and took advantage of those opportunities. If you are continually learning then it is not as difficult to learn something new.

Tim Bobay was named the principal of Study Elementary School by the Fort Wayne Community Schools board of trustees. He joined the district in 2006 and most recently was principal of Bloomingdale Elementary. Chris Hissong joined the district as high-school area director. For 33 years, he was a teacher and administrator in East Allen County Schools.

Petras

Dickey

Smekens

STAR FINANCIAL BANK Glenn Bogan was named vice president, electronic banking at Star Financial Bank

in Fort Wayne. He has worked at Star for 15 years. In his new role, he will support

Smith

Bogan

the growth and development of online and virtual banking. Lisa Kuhn Phillips was hired as vice president, marketing and communications. She has 25 years of experience in financial services.

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GOODRICH: Union members give back

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announced her retirement, the NEICLC sent an announcement that they would appoint a new labor liaison. After speaking with Tom Lewandowski, president of the NEICLC, and Vickie Meyers, I applied for the opening. The NEICLC establishes a committee to select the candidate to recommend to the NEICLC and the United Way. It is a very rigorous process to ensure that the candidate is a good fit for the partnership. The practicum was important in allowing me to build work skills but also in establishing relationships and demonstrating that I was capable of doing this kind of work. Changing careers can be very tricky if you do not have any experience or connections in your new career path. I feel very fortunate that everything came together as it did. What do labor unions do in conjunction with United Way?

The partnership between the AFL-CIO and United Way was formed to encourage union members to contribute to their community, either through donations or by volunteering for community-service projects. We have fantastic union volunteers who believe in giving back to the community. They are instrumental in some of our most successful workplace campaigns because they truly believe in investing in our community. The best marketing is word

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of mouth from the people you know and trust and work with everyday. We also rely on our labor volunteers for our community-service projects, which include the Community Health Fair that is scheduled for Oct. 4 at Turnstone, community education classes that will begin in February, the National Association of Letter Carriers Food Drive in May and the Organized Labor Turnstone picnic. What to you hope to accomplish as labor liaison?

I hope to continue the great work that Vickie Meyers did to build the partnership between labor and the United Way. Like many other communities, our poverty rate has steadily increased over the past several years due to the recession. The stock market is doing well and we hear on the news that the recession is over, but there are more people than ever in recent history living in poverty right here in our community. There are a lot of hard-working folks who are just trying to survive. This is not a problem that any one person or organization can solve. It takes the whole community to pitch in and work to tackle this from many angles. I believe the partnership between United Way and labor will be instrumental in rebuilding a local economy where workers can do more than survive; where they can thrive. By Linda Lipp. To suggest an idea for “Career Path,” call (260) 426-2640.

PEOPLE ON THE MOVE

PNC FINANCIAL SERVICES PNC Financial Services Group Inc. appointed Erika Halliwell vice president of

PNC Wealth Management in Fort Wayne. She has more than 20 years of banking experience.

Tom Lewandowski ; Larry Mayers; Chris Sosebee; Ruth Stone; Turpin; and Irene Walters.

EMBASSY THEATRE UNITED WAY The United Way of Allen County announced its board offices for 2013-2014. They are: Judge Wendy Davis, Allen Superior Court, chair; Steve Smith, Allied Physicians, vice chair; Janet Chrzan, Vision Management Consulting LLC, treasurer; Scott Senger, Indiana Michigan Power, secretary; and Ron Turpin, Lincoln National Corp., immediate past chair. New board members are: Tom Braun, PACE Local 6-903; Chrzan; Tina Farrington, Tower Bank; Kristi Harkenrider, Lincoln National Corp.; William Dent Johnson, BF Goodrich Tire Manufacturing; and Dan Starr, Do it Best Corp. Returning board members are: Ruby Cain; Joe Cohen; Daryl Flowers; Lisa Goodman; Jane Gresham; Brindha Hariharan; Steve Hoffman; Greg Johnson;

Jeremy (Jake) joined the Brames Embassy Theatre in

Fort Wayne as finance director, and Jared Duymovic was hired as programming director. Brames most recently was the business manager at the AIDS Task Force. Duymovic most recently was the director of the Pike Performing Arts Center in Indianapolis.

Halliwell

Szaferski

BARRETT & MCNAGNY Emily Szaferski joined Barrett & McNagny LLP in Fort Wayne. Her practice

will focus on domestic and family law.

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Wakarusa workers likely won’t follow shift in production That’s because they have a good chance of being hired by Thor when it takes over the facility BY DOUG LEDUC dleduc@kpcmedia.com

The relocation of work from the former Navistar International Corp. recreational-vehicle plant in Wakarusa is expected to proceed on schedule this month, but it will not lead to an exodus of former employees. Orlando, Fla.-based Allied Specialty Vehicles, which owns Fleetwood RV in Decatur, announced in mid-May it had purchased the Navistar RV plant with plans to consolidate the facility’s production at its Fleetwood plant in Decatur. Almost all of the 520 former Navistar RV workers there were offered the option of relocating with the production, but RV industry resurgence in Elkhart County is likely to keep most of those former employees where they are. Elkhart-based Thor Industries Inc. announced on June 3 it had formed Thor Wakarusa to buy the plant from New York-based American Industrial Partners, which owns ASV. The facility includes nearly 1 million square feet of production space on more than 150 acres. In addition, the complex has more than 35 paint booths designed specifically for painting recreational vehicles. Initially, Thor plans to use the facilities for motorized production to better enable Thor Motor Coach to meet current and expected demand, and to vertically integrate

paint operations through a facility operated by Thor’s Keystone subsidiary, the company said in the announcement. The facility includes space that offers the potential for additional production. “Just in speaking with human resources for Thor, they would like to keep as many employees as they can to kind of make a smooth transition,” said Jeff Troxel, Wakarusa’s town manager. In terms of economic development, “I think it will benefit us tremendously,” he said. “It sounds like they’re going to be using that facility running more lines than Navistar did, and I would probably anticipate the work force increasing.” Thor is waiting until ASV production has relocated from the plant to release any official update on plans for the facility. But it is easy to understand why Thor would be interested in increasing its motorized production capacity to meet projected demand. As of April 30, RV sales for the first nine months of Thor’s fiscal year rose 24 percent to $2.3 billion from $1.9 billion. Sales of the company’s towable RVs grew 17 percent to $1.9 billion from $1.6 billion, and sales of its motorized RVs increased 72 percent to $423.3 million from $246.1 million. The latest market report by the Recreation Vehicle

Industry Association shows for the first half of this year, total RV shipments rose 12.9 percent to 174,918 units from 154,988 units. Towable RV shipments grew 10.7 percent to 155,446 units from 140,412 units, and motor-home RV shipments increased 33.6 percent to 18,472 units from 14,576 units. “The biggest reason (for the Wakarusa plant purchase) was the growth on the motorized side of the business,” said Jeffery Tryka, Thor’s investor-relations director. “That’s what prompted the need to expand motorized.” The company and the industry as a whole have seen resurgence in RV sales in recent years, he said. “If you look at our sales over the last several years, they’ve grown fairly strongly; shipments for the whole industry have gone up considerably.” Annual shipment data on the RVIA website show three years of sales growth following three years of contraction for the industry during the recession in 2007, 2008 and 2009. After peaking at 390,500 units shipped in 2006, annual RV shipments fell to a low of 165,700 in 2009 but have since risen to 285,900 in 2012. Shipments are projected to grow 7.5 percent this year to 307,300 units. According to the RVIA, baby boomers nearing retirement have helped push RV ownership to a record level, with n

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more than 9 million American households now owning one. “RV manufacturers are right-sizing their products to provide an optimal mix of size, amenities and price for today’s budget-conscious consumers,” the association’s website states. “Manufacturers are producing lightweight towables and smaller, fuel-efficient motorhomes. Green technologies such as solar panels and energy-efficient components are appearing on an increasing number of RVs.” Economic development in Elkhart County has benefited from the industry’s resurgence. Thor announced in March it had completed the relocation of its headquarters from Jackson Center, Ohio, to Elkhart, where it will operate in the heart of the country’s largest RV industry cluster. About 30 RV companies have their headquarters in the county, and it has at least 100 suppliers to the industry operating there, said Dorinda Heiden-Guss, president of the Economic Development Corp. of Elkhart County. Manufacturing provides about 45 percent of the county’s employment and 39

percent of its work force is employed by the RV industry, “so they are significant to our economic health and well-being in Elkhart County,” she said. The county’s economy was hit hard, she said, when the RV industry contracted after gas prices spiked then credit markets froze leading into a major recession that shrank disposable income. The industry’s resurgence has helped bring the county’s unemployment rated down to 8.6 percent as of June, from as high as 18.9 percent in 2009. “We’ve announced 1,600 new jobs this year, the majority being RV (and) … support to the RV industry,” Heiden-Guss said. “The RV sector has picked up dramatically. Lending has been freed up; that’s how people are able to afford RVs. That whole sector has picked up,” said John Dreasher, human-resources vice president for Fleetwood in Decatur. The plant has seen extremely strong sales growth during the past year, he said, and its work force is now at 945 fulltime employees and about 100 temporary employees, which is up from 925 full-time employees during the spring of 2012. Relocating production for the Monaco and Holiday Rambler products that Allied Specialty Vehicles acquired from Navistar

will add about 250 openings at the Fleetwood plant, Dreasher said. There may still be some unemployed workers in Adams County with experience building RVs as a result of a 2009 Fleetwood Enterprises bankruptcy before the ownership of the business changed. Fleetwood Enterprises had been among Decatur’s largest employers, with a local work force that peaked at 1,500, but dwindled to a little more than 400 after the Chapter 11 bankruptcy protection filing. ASV bought the business in 2009. “Over the last several years we’ve rehired many, many people who were former employees of Fleetwood,” Dreasher said. “There is quite a bit of training; there have been dramatic changes in work processes over the last three or four years,” he said. “But former employees would obviously be considered and would be very good candidates.” The relocation of production from Wakarusa to Decatur is “in the process of taking place right now,” Dreasher said. “The Monaco RV facility is completing that production of all units already in production. As that production ends at the facility, any new production units will be built at the ASV Decatur campus.”

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GRANT TO AID TRINE DOCTORAL PROGRAM Trine University has received a $350,000 grant from the English, Bonter, Mitchell Foundation to help fund the development of its doctorate in physical therapy degree program to be offered in Fort Wayne. The grant, payable over five years, will be used for program development, building renovation and lab equipment. The doctorate degree is being offered in partnership with Parkview Hospital Randallia and Lutheran Hospital. The program will be housed in a 66,000-square-foot building on the Parkview Hospital Randallia campus that is being renovated to include a biomechanics and movement-sciences lab, classrooms and offices. Max Baumgartner is director of the doctorate in physical therapy program and dean of Trine’s new School of Health Sciences. Trine is accepting applications for the doctorate program, with letters of acceptance scheduled to go out in spring 2014 and classes expected to begin in fall 2014.

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Angola attorney: Showgirl suit could end quickly BY MIKE MARTURELLO mmarturello@kpcmedia.com

A member of Angola’s legal team in its fight against a Fort Wayne strip-club owner said a favorable ruling on its motions could result in the case being resolved quickly. Attorney Robert Keen, part of the city’s legal team of four attorneys, said July 30 if U.S. District Court Judge Robert Miller rules favorably on the city’s motions, moving forward with the case would be moot. The city filed motions seeking dismissal of all but one claim against it on July 18, and a similar motion is expected for the remaining claim. “If (the judge) grants our motions, there won’t be a need for a preliminary injunction,” Keen said. The preliminary injunction would come from Showgirl owner Alva Butler and, if granted, would pave the way for a proposed strip club to open in the former Slider’s Grill & Bar at 310 W. Wendell Jacob Ave. in Angola. Butler and the city have been fighting over whether he could open a strip club almost since he bought the building at an Aug. 9 auction. Should Butler’s motion for a preliminary injunction prevail, Keen said the city most likely would appeal Miller’s decision. Angola’s legal team feels the city acted within its constitutional rights in crafting laws that would prevent a strip club from opening at the former Slider’s property, Keen said. “Everything the city did was constitutional and perfectly legal,” Keen said.

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BRIEFLY

KOSCIUSKO COUNTY

NET EARNINGS FALL AT ZIMMER Orthopedic-device maker Zimmer Holdings Inc. reported second-quarter net earnings of $152.1 million, or 89 cents per diluted share, down from $214.5 million, or $1.22 per diluted share, in the same period last year. Net sales during the quarter rose to $1.17 billion from $1.13 billion in the year-ago period. During the quarter, the Warsawbased company acquired Knee Creations LLC, which developed a new joint preservation procedure, and Normed Medizin-Technik GmbH in Germany. Net earnings for the six months ended June 30 were $370.7 million, or $2.17 per diluted share, versus $424.1 million, or $2.39 per diluted share, for the first six months of 2012. Net sales were $2.31 billion compared to $2.27 billion in the year-ago period.

Butler’s attorneys maintain the city delayed granting him permits in order to write legislation that would not allow him to open at the Slider’s location. Attorney Matthew Hoffer said it was obvious the city enacted legislation to prevent Butler from opening a strip club, which is against Butler’s constitutional rights. In a teleconference held July 25, Miller ordered the two parties to file motions then set the hearing for oral arguments on both. Angola’s attorneys are supposed to file a motion for summary judgment by Aug. 9. Butler’s attorneys are supposed to file a motion for preliminary injunction and reply to the city’s filing by Aug. 21. The city has until Sept. 9 to reply to the preliminary injunction. Other procedural deadlines on

the motions have been set, and both parties will be present at a hearing Oct. 25. “Hopefully, shortly thereafter we will have an order from the court … that allows Showgirl to open and operate,” Hoffer said July 29. Keen said if the judge rules in the city’s favor, there will be no need for the Oct. 25 hearing. Nonetheless, the hearing, if it occurs, should provide at least a glimpse of where the case is headed, Keen said. “The way the briefing schedule is set we’re certainly going to know a lot more by the end of October,” Keen said. Butler’s suit against the city was filed in March after a number of events prevented him from opening a strip club in Angola. Butler is founder of the Showgirl clubs in

Fort Wayne, of which there are now two; there had been three. His company has been in business for 25 years. Butler alleges by being denied a business license by the city, his civil rights were violated. After being denied a permit to operate in Angola, Butler appealed that decision on the local level, which was also denied. In March, Butler sued the city in U.S. Federal District Court in Fort Wayne, claiming his First and 14th Amendment rights had been violated by Angola officials. Butler claims when he bought the property last year it met all the current zoning requirements to operate as a strip club. This story originally appeared in The Herald Republican, which is published by Business Weekly owner KPC Media Group Inc.

PAGE 16

GREATER FORT WAYNE Business Weekly n

fwbusiness.com

August 2-8, 2013

Use music to get your sales movin’ and groovin’ Everyone has n his or her own time machine. The only question is: How are you using it? The time machine I’m referring to is music. The music you grew up with and the music you listen to every day. I refer to it as the “music transportation department” because the right song can transport you back to an exact place and time in an instant — and create a great feeling. Hopefully a positive place. Hopefully a peaceful place. Hopefully an inspirational place. And surprisingly a sales place. In 1983, I went to an “oldies” concert in Philadelphia. A bunch of doo-wop groups reassembled to sing 25-year-old songs. The music I grew up with. The opening group was The Dubs, who started the show singing “Could This Be Magic.” As I listened and sang along, I started

JEFFREY GITOMER

to cry. It was the beginning of my true understanding of music. I’ve been a devout listener of doo-wop since 1955 and considered myself somewhat of an expert. But the memories it brought back were amazing. Overwhelming. The Dubs provided my first recognized musical time machine, and I have been in a time warp ever since. Fast forward to 2008. I started my subscription to a club here in Charlotte, N.C., called Music with Friends. It puts on four concerts a year in a small venue (750 people) with great acoustics (actually an old converted church). I’ve got perfect seats (although there is not a bad seat in the house). And every event is total time-machine music. Gladys Knight, Tony Bennett, Smokey Robinson, Hall & Oates and Diana Ross to name a few. Yes, I go to large arena music time-machine events, too. Carole King, Springsteen and the incomparable Leonard Cohen. And as a true music lover, I also see who and what is new. Justin Timberlake, Lady Gaga, Coldplay, Rhianna. There’s magic in live music. Important music lesson: Repetition is the mother of mastery. If you hear a song once

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and you like it, you tap your foot to the music. After you hear that song five times, you can sing along. After you hear that song 10 times, you can sing it on your own. And if you hear that same song 20 years later, it instantly transports you back to the exact time and place you first heard it. If I play the right song for you, I can take you back to your first date, first kiss, summer romance, travel, school, riding in a car, first wedding dance, even your first divorce. In the late ’60s, one of the singer-songwriters I listened to most was Leonard Cohen. Compelling, clear, haunting music. In 1993, I was finishing the writing and editing of my “Sales Bible” in Hilton Head. Along with my editor, Rod Smith, and my cat Lito, we listened to Leonard Cohen every day as the book was completed. Twenty years later, I had a chance to see him live in Las Vegas. Sitting in the second row, the floodgates of memories and life opened. An amazing performance. Last month, my partner Jessica and I flew to New Orleans to watch Leonard Cohen for the second time in two years. I could sing every song. It wasn’t just a concert. It was an emotional remembrance. The ’60s, the “Sales Bible,” the first concert and this one. Very emotional. Very inspirational. Very impactful. Very life enhancing. What’s your music? What were you dancing to? What are you dancing to? What’s making your memories?

Q

FRANKLIN ELECTRIC POSTS HIGHER NET INCOME

Diana Feasby, RN Rehabilitation Nurse at St. Anne’s for the past 8 years

-Jane Seely Prior rehab guest at Saint Anne Home

SAINT ANNE HOME RETIREMENT COMMUNITY

1900 Randallia Drive Fort Wayne, IN 46805

260-484-5555

www.saintannehome.com

JEFFREY GITOMER, a syndicated columnist, can be reached at salesman@gitomer.com.

BRIEFLY

W E LLS C O U NT Y

“The rehab team made my recovery so much easier. Their love and support helped me return home quickly.”

What’s keeping your memories alive? What makes you cry with joy? What makes you sing along (even if you can’t sing)? What makes you stop and contemplate life? Sales music: Music can also affect your sales. Upbeat music makes the brain think and act upbeat. I prefer to call it “sales music” because it gets you in a positive mood and can provide that extra passionate push. Don’t you wish your prospect was thinking, “Bob is going to be here soon, I better play some rock music so I’m in a great mood when he arrives.” Idea: Why not send a few songs to your prospect and ask him or her to listen to them just prior to your arrival. OK, that probably won’t happen, but you get the idea. Music action plan: 1. Document your music memory makers and get that music onto your music player or phone. 2. Identify the music that makes you want to dance and puts you in a great mood. Download it all and put it in a separate “sales music” folder on your device. 2.5. Listen with the intent to be in a great frame of mind. A sales frame of mind. I don’t know about you, but sales have always been music to my ears.

Franklin Electric Co. Inc. reported second-quarter net income of $28.1 million, a 13-percent increase from net income of $24.8 million in the year-ago period. Diluted earnings per share were 58 cents compared to 52 cents in the second quarter of 2012. Net sales for the Bluffton-based developer and manufacturer of water and fuel pumping systems rose to $263.4 million in the second quarter versus $246.7 million in the same period last year. Water systems sales were $213.7 million in the second quarter; fuel systems sales were $49.7 million. In a statement, the company said its second-quarter earnings-per-share and net sales results were new records. For the six months ended June 29, net income was $43.6 million, or 90 cents per

share, compared to $47.9 million, or $1 per share, in the first six months of 2012. Net sales were $486 million compared to $448.6 million in the year-ago period. “We are pleased to report that our sales and earnings per share during the second quarter were the highest for any quarter in the company’s history,” Scott Trumbull, Franklin Electric chairman and CEO, said in the statement. “This record performance reflects the successful implementation of two of the company’s long-term strategies. The first is to build strong distribution networks in developing regions where the markets for our water and fueling products are growing most rapidly. We achieved organic sales growth of about 9 percent in developing regions during the quarter, led by robust demand in Latin America and Asia Pacific. “Second, is to provide a value proposition for our customers worldwide such that we can more than offset inflation with a combination of tight cost controls, productivity improvements, and price.”

n

Greater Fort Wayne Business Weekly Top List

August 2-8, 2013

n GREATER FORT WAYNE Business Weekly

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fwbusiness.com

PAGE 17

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For ESRIâ&#x20AC;&#x2122;s story map of the top 25 wealthiest ZIP codes, go to http://mediamaps.esri.com/FortWayneBusinessWeekly

n PAGE 18

fwbusiness.com

RESIDENTIAL BUILDING PERMITS FORT WAYNE ABOITE TOWNSHIP

Granite Ridge Builders Inc. 714 Victoria Station Way $152,000

Hawthorn Valley Enterprises Inc. 7005 King Lear Blvd. $102,240

ST. JOSEPH TOWNSHIP

Lancia Homes 404 Heyford Court $143,730

PERRY TOWNSHIP

Windsor Inc. 7621 Idlebrook Drive $221,968

Westport Homes of Fort Wayne Inc. 2123 Lake Front Drive $323,370

Lancia Homes 924 Clairborne Drive $165,330

ST. JOSEPH TOWNSHIP

Lancia Homes 15132 Whitaker Drive $126,315

Colonial Homes Inc. 6219 Rapport Way $154,800

NEW HAVEN ST. JOSEPH TOWNSHIP Stopher Builders Inc. 9147 Casey Place $251,759

Lancia Homes 1213 Henlock Drive $195,000

CEDAR CREEK TOWNSHIP Woodmark Homes Inc. 15590 Viberg Road $949,000

ALLEN COUNTY ABOITE TOWNSHIP

LAFAYETTE TOWNSHIP

Arbor Home Building Corp. 14446 Marlin Cove $360,000

Granite Ridge Builders Inc. 11127 Azbury Blvd. $262,675

Lancia Homes 329 Lisbon Drive $152,430

LAKE TOWNSHIP

Slattery Builders LLC 2949 Treviso Way $389,000

BizLeads

Hawthorn Valley Enterprises 7003 Desdemona Crossing $107,500

Granite Ridge Builders Inc. 15413 Towne Park Run $169,969 Granite Ridge Builders Inc. 15429 Towne Park Run $165,503 Lancia Homes 15162 Towne Gardens Court $116,670 GA Mourad Construction 11407 Tall Oak Run $250,000 Lancia Homes 11618 Carroll Lake Drive $215,200 Stopher Builders Inc. 14841 Auburn Road $317,702

SPRINGFIELD TOWNSHIP Homeowner 19324 Hurshtown Road $35,000

Delagrange Homes LLC 7315 Allenbrook Blvd. $145,950

Lancia Homes 8127 Queenboro Court $174,385 Lancia Homes 10014 Privet Drive $131,530

WASHINGTON TOWNSHIP Westport Homes of Fort Wayne Inc. 3821 Ravens Cove Run $125,550 GA Mourad Construction 3228 Foxfire Lane $250,000

REAL-ESTATE TRANSACTIONS 46825 5221 Riviera Drive From Star Financial Bank to Kaufmann LLC $50,000

Internet Directory www.fwbusiness.com IT SUPPORT & SERVICES • Innovative Technology Group, LLC Contact: Bob Peters 3201 Stellhorn Road Fort Wayne, IN 46815 260-818-0135 itgnei.com

START-UP CAPITAL & ENTREPRENEURAL NEW BUSINESS RESOURCES • Northeast Indiana Innovation Center Inc. Contact: Gulya Alexander 3201 Stellhorn Road Fort Wayne, IN 46815 260-407-6442 niic.net

Be a part of Business Weekly's Internet Directory for $30/week. Call Today!

260-426-2640

n

5426 Northcrest Drive From Ryan Hoevel to Justin F. Hill $73,500 10129 Oak Trail Road From Joel L. Curd, trustee, and Sheila A. Curd, trustee, to Warren D. and Candace S. Schladenhauffen $99,900

PAGES 18-20

GREATER FORT WAYNE Business Weekly n

READER’S GUIDE BizLeads is a collection of information gathered from northeast Indiana courthouses, state government offices and informational Web sites. These listings are intended to help companies find new customers as well as stay on top of happenings with current customers, vendors and competitors.

August 2-8, 2013

5713 N. Arlington Parkway From HUD to Christina Pawloski $148,500 4716 Tirol Pass From James J. and Amanda L. Sullivan to Daniel S. and Amanda C. Mangan $122,400

228 Cobblers Cove From Anita L. Fricke to Stephen I. and Donna M. Baughman $204,000

New Businesses lists firms that were recently incorporated in the state of Indiana. Information is gathered from the Indiana Secretary of State. Addresses listed may not be the actual address of the business.

7111 Wrangler Trail From Donald A. and Rebecca S. Hoekema to Katie Potter $80,000

E. Wallen Road From Perry A. Brucker to Performance Property Group LLC $35,000

Building Permits are issued by the Allen County Building Department during the specified period of time.

7205 Wood Meadows Lane From Jeffrey T. Hughes to Alex M. and Emily M. Barnes $130,000

915 E. Wallen Road From Sam A. Beer to Performance Property Group LLC $310,000 1516 Cannonade Court From Chestnut Group Inc. to Granite Ridge Builders Inc. $37,905 1533 Citation Lane From Chestnut Group Inc. to Granite Ridge Builders Inc. $32,775 7910 Canonero Lane From Chestnut Group Inc. to Windsor Inc. $24,605

Real Estate is a list of agricultural, commercial, industrial, and residential real estate sales recorded by the state of Indiana. Bankruptcies are from the United States Bankruptcy Court, Northern District of Indiana. For complete data involving a particular filing please access the The PACER Service Center, the Federal Judiciary’s centralized registration, billing, and technical support center for electronic access to U.S. District, Bankruptcy, and Appellate court records. Its Web site URL is http://pacer. psc.uscourts.gov. Patents include the following: Patent number, local inventor and assignee, brief description, filed date and approved date. Source: United States Patent and Trademark Office. Listings may vary due to information availability and space constraints.

8302 Bremen Way From LRB Holdings Inc. to Alicia M. Mccowan $126,000

1109 Skyline Pass From Ronnie W. and Dallou Nasser to Eric B. Patrick $157,000

10224 Tumbleweed Blvd. From Gregory F. Parnin Estate to Darrell S. Parnin $52,000

1605 Grove Drive From Bruce E. Bickley to JRM Realty LLC $65,500

5619 Larchwood Run From Fannie Mae to James H. Lamaster II and Kimberly M. Lamaster $107,900

927 Calverton Court From David J. Bull to David K. and Theresa L. Springmann $265,000

10032 St. Clairs Retreat From Kenneth C. and Deborah A. Rogner to Eliyahu and Jacquelyn M. Wahli $209,000

5404 Cove Court From Richard W. and Katherine R. Macauley to Joshua and Lindsey Libby $126,000

46835

7933 Welland Court From Ryan C. and Melissa R. Page to Stacey Heaston $131,000 9909 Privet Drive From Hawthorn Valley Enterprises Inc. to Kristin N. Bowman and Heath R. Bodkin $118,989 10734 St. Joe Road From Perry R. and Sharon A. Harter to Kory J. and Amy L. Hart $205,000

7224 Tangle Oak Place From Andrea L. Pettis to Carly A. Miller and Julie A. Permanm $89,842

5826 Leesville Place From Steven E. and Heidi E. Wheeler to Nathaniel and Allison Thomas $150,000

7206 Gold Leaf Place From Natalie J. Hicks to Luke W. Speiser $103,500

9727 Chapmans Blvd. From Matthew A. and Jennifer L. O’Shaugnessey to Chad W. Price $232,000

7614 Sweet Spire Drive From Windsor Inc. to Jack C. Schmidt Jr. and Kimberly R. Schmidt $288,500 6426 Cherry Hill Parkway From James M. Seidel to Douglas and Sally Stitzer $324,900

8310 Summerset Place From Richard Lolkus to Pamela D. Keller $129,900

319 Beaulieu Place From Young Suk An to Ryan J. and Heather M. Allred $112,000

5713 Kinlock Place From Russell D. and Dolly A. Baker to Natalie J. Hicks $162,500

7915 Grayfield Court From Charles and Suzanne Cauwels to Michelle R. Bonar $155,300

10024 Spur Creek Court From Robert J. Weigmann to James E. and Patricia E. Glover $95,000

9823 Hidden Village Place From Nathan D. Wilson to Brittony Rogers $95,000

9729 Tumbleweed Blvd. From Rex A. and Ashley N. Coak to Melani A. Kerfoot $83,000

5017 Wheaton Court From Marion J. Groenert to Kenneth and Arlene Knittle $114,000

4924 Manistee Drive From James A. Snyder to Lynn Mattern $42,000

7307 Tanbark Lane From Donald D. and Kelly Williams to Jamie L. Molargik $130,000 4625 Teakwood Drive From Albert C. and Myrtle A. Slater to Samantha Dominique $72,900 7302 Abington Drive From Brent D. Kidney to Kellen T. Freeman $103,500 6925 Wolfsboro Lane From Douglas R. and Sally A. Stitzer to Jennifer N. Thurber $109,500

n GREATER FORT WAYNE Business Weekly

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5721 Gate Tree Lane From David W. and Julie Rennecker to Cory J. and Mackenzie J. Shank $169,900

46845 13683 Lurrey Pass From Schmucker Art to Mark and Adrienne Noll $481,000

12303 Hummingbird Cove From Shruti Shyamani to John A. and Debra Sylvestri $202,900

12404 Muscovy Drive From Millenium Development to Granite Ridge Builders Inc. $42,642

5102 Fox Mill Run From Terry W. Corbin and Kristine Ferrell-Corbin to Brent D. and Sasha N. Kidney $202,000

12229 Harvest Bay Drive From Norman and Katherine Rolf to John and Diane Steinbeck $318,000

1721 Brandywine Trail From the Dykhuizen Family Limited Partnership to James H. and Jo-Lin Titus $175,000

11322 Niland Pass From Christopher R. and Heather Z. Warnicik to Rebecca L. Weaver $122,000

9901 Douglass Road From Rudolf Beck to SJ Development Corp. $245,600

16527 Claystone Court From John R. and Patricia L. Grant to David W. and Janine E. Rudolph $175,000

12723 Charenton Court From Granite Ridge Builders Inc. to James M. and Carrie J. Henry $198,000

12588 Gondola Parkway From Tuscany LLC to Maggos Builders $59,755

9625 Hidden Village Place From Erin N. Zimmerman to Brian J. Homier and Jillian M. Marier $127,900

1707 Autumn Run From Chestnut Group Inc. to Patricia Brahe $55,000

4918 Merlot Crossing From Sam K. Chatterjee to Magdy I. and Flora S. Toma $274,900

12687 Tocchi Cove From Tuscany LLC to Prime Properties $56,900

719 Windrift Lane From Shane Replogle to Andrew M. and Rebekah L. Trulock $176,900

9310 Bridgewood Place From Douglas Brent Walker Jr. to Brent D. Burch $75,000

1441 Gateway Trail From Tom Schmucker Construction LP to Brian Widenhoefer $149,900

11421 Tall Oak Run From MBC Corp. to Lancia Homes Inc. $42,500

5448 Southbrook Road From Benjamin A. Guild to Kelby M. and Kathryn J. Probst $78,000

11307 Gongwer Drive From Jeannette L. Keefer to Spencer and Amanda Munger $86,500

9525 Robin Meadow Place From Andrew and Sara Shipe to Jeffrey L. Nichols $110,000

140 W. Gump Road From Tony Henderson to Ryan and Cynthia A. Wiersema $183,900

8013 Sunny Lane From Billie K. and Michael L Howard to James L. Stevens $93,000

5022 Holly Oak Road From Robert T. and Eileen E. Ahlersmeyer to Jennifer L. Malott $203,000

7325 Brackenwood Court From Mergery G. Geer to Joseph R. and Pauline A. Berghoff $216,000

Coldwater Road From Norman A. and Doris D. Conklin to Alexander Vasko $151,000

6419 Verandah Lane From Jay A. Coldren to David E. Smith $102,000

5616 St. Joe Road From Bud L. Dyer to Black Gold Ventures Indiana LLC $145,000 4214 Winding Way Drive From Jeffrey A. and Toby A. Juarez to Gregory P. and Alice M. Jenkins $166,500 6936 Hawksnest Trail From Edward E. and Kathleen A. Kimmet to Jeffrey and Toby Juarez $282,000 6217 Drakes Bay Run From Jon P. and Erika S. Halliwill to Ryan D. and Elizabeth A. Hull $267,900 4607 Larkspur Drive From Joshua M. and Amanda N. Miller to Joseph Anderson and Jessica Meitzler $94,000

1384 Gateway Trail From CH Development Corp. to Carriage Place Homes Inc. $37,506 1406 Gateway Trail From Lancia Homes Inc. to Donelle R. Dancer $180,400 11117 Hickory Tree Road From John D. and Mary G. Stalnaker to Erik T. and Courtney B. Cowans $245,000 10107 River Rapids Run From Gregory L. and Donette L. Marden to Derek J. and Amanda Lehman $158,400 13466 Galloway Cove From Granite Ridge Builders Inc. to Ryan J. and Kristin D. Bowland $245,597

211 Barouche Place From Greg Whitenack to Megan Friesen $209,000 1468 Gateway Trail From Heller & Sons Inc. to Andrew R. and Ashley N. Coak $199,491 12449 Gondola Parkway From Wannemacher Design Build LLC to Benjamin A. and Natalie H. Guild $282,000 11101 Lavista Place From Lancia Homes Inc. to Mark T. and Karin E. Diefenbach $224,000 935 Mill Pointe From Carolyn F. Miller revocable trust to Steven W. Prater and Pamela DespainPrater $198,500 1928 Monet Drive From the Howard A. and Audrey M. Diedrich revocable living trust to Gerald D. and Cynthia K. Craycraft $121,250 1109 Coral Isle Cove From YeďŹ m P. Polonskiy and Alla P. Pleshkan to Dennis and Jennifer Owen $193,500 11330 Tall Oak Run From M-B-C Corp. to Buescher Construction Co. Inc. $40,000 11604 Pennet Run From Rudy G. Svoboda to James R. and Juanita Stout $299,900

PAGE 19

Spend time with your clients and your family in the same day?YES! you can!

4593 Hawthorne Crossover From NPT Development Corp. to EE Brandenberger Construction Inc. $93,906

Let Corporate Air and Aircraft Charter Services help you get face-to-face with your clients.

10231 River Rapids Run From Tom Dinh L. Nguyen to Maung and Lydia N. Win $177,000 1412 Breckenridge Pass From Granite Ridge Builders Inc. to Mary Oâ&#x20AC;&#x2122;Connor $155,409 13214 Boarstone Cove From Gross Kent to Carly A. Pena and Eric C. Sanders $183,000 1109 Amastar Cove From Randy L. and Katherine L. Rodenbeck to Benjamin L. and Leslie Nicholson $168,000

Dan

Bill

Please contact Dan Wetli or Bill Keirn for your charter needs. Thank you!

260.747.3729 www.corporateairfw.com sales@corporateairfw.com

US Bankruptcy Trustee

AUCTION

2504 Gump Road From Karen L. Sturdivant to Daniel and Vanessa Delcamp $145,000 7515 Popp Road From Kathy J. Brown to Joshua M. and Amanda N. Miller $329,900

Real Estate & Personal Property

Sat, Aug. 17 @ 9:30 AM 7924 Stellhorn Rd. - Fort Wayne, IN

V

August 2-8, 2013

12000 Johnson Road From David L. Bair to Trent S. Bercot $132,000 18001 Cuba Road From Phyllis E. Peters to Emanuel E. and Susann Graber $136,600

46723 8032 Bears Pass From Anthony L. Berdelman to Bret M. Keister $131,000

Property 1

3 Bedrooms - 1482 Sq. Ft. - Full Walk Out Basement 1008 Sq. Ft. Block Bldg. - On 1.5 +/- Acres

3114 Southwin Drive From Dennis T. and Janet Y. Morgan to Frank L. Hamilton and Rachel A. Morgan-Hamilton $70,000 25000 Lincoln Highway From the estate of Dale Keith Grabner to Kelly A. Spieth $37,500

Real Estate Sells @ 10:00 Auction Held at 8046 Stellhorn Rd.

8046 Stellhorn Rd. - Fort Wayne, IN

Property 2

V

(Corner of Stellhorn & Goeglein Rds.) 2.8 +/- Acres - Excellent Location Corner Lot - Several Bldgs. Personal Property: All remaining inventory of Neuhouser Nursery will be auctioned off. Assortment of over 50 + trees. shrubs & plants, concrete lawn ornaments, paver blocks, statue and more.

Open House: Sunday, August 11 from 1 to 2

Inspect - Arrange Financing- Bid your price Terms: Call for more info or visit our website.

Dusty Roach, Bankruptcy Trustee, Case # 12-13788 Kurt Ness - Auction Manager, Cell 260-417-1545

Statements made the day of auction take precedence over previous printed materials or any oral statements.

For Free Recorded Message, Call 1-877-297-7407 ID 6280 260-459-3911 or 800-356-3911 #AC39600001

www.NessBros.com

PAGE 20

GREATER FORT WAYNE Business Weekly n

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46743 17135 Antwerp Road From Mark A. and Dedria Handerson to Andrew and Cecily Wharton $69,900 16347 SR 37 From Todd L. Klopfenstein to Venture Property & Investments LLC $80,000

13907 Covered Wagon Trail From Wesley R. and Nancy C. Hubbard to Amber N. Foster $186,500 6733 Hosler Road From William D. and Cynthia L. Vanderbosch to Bradley W. and Lori J. Myers $62,500

46745 14511 Soaring Hawk Trail From Alan L. and Margaret A. Marquardt to David J. and Lisa A. Roemer $45,000

46773

46748

9433 Simmer Road From the estate of Dale Keith Grabner to Kelly A. Spieth $37,500

1324 Rambler Road From Krista L. Shaw to Isaac R. and Amanda M. Adams $164,500 15738 Walnut St. From Peggy J. Luchies to Benjamin C. and Kimberly J. Sorg $120,000

12522 Monroeville Road From Jason J. and Sara A. Richman to Dustin L. Seip and Megan E. Geisleman $94,570

107 W. South From Muldoon, Oberley & Small LLC to Mo Town Stagg Inc. $20,000

46774

3389 Brantley Drive From Stopher Builders Inc. to Axel and Mary A. Gruen $207,500 3011 Rolling Meadows Lane From Carolyn Sloan and Millard F. Sloan Jr. to Joseph R. Knox $149,500 9227 Sunriver Court From Lanco LLC to Jeffrey A. and Rebecca L. Schmidt $31,410 309 Bensman Ave. From Kenneth H. and Carol A. Miller to Diane S. Vasquez $50,000 3922 Scarborough Drive From Steven J. Ash to Christa M. and Matthew J. Alig $132,000 9136 Casey Place From Stopher Builders Inc. to William and Donna Kortenber $37,610

1213 Ashville Drive From Harry F. Clibon Jr. and Lori Bradtmiller to Ryan Brumbaugh $175,000

2058 Landin Road From Springmill Woods Development LLC to Pamela S. Stoller living trust $947,956

1618 Genoa Court From Delagrange Homes LLC to Heidi M. Demuth $31,900

16132 Ballantyne Trail From Granite Ridge Builders Inc. to Douglas P. and Kathleen A. Hamm $264,700

10617 Slate Run From Jeremy D. Hertenstein to Daniel P. Scheele $86,500

7802 Camden Lane From Harold W. and Laura F. Cosper to Richard L. Sewell $109,900

14977 Towne Park Run From New Development Corp. to Granite Ridge Builders Inc. $27,400 15831 Torino Cove From Granite Ridge Builders Inc. to Jerry A. and Nicole L. Rinehold $173,956 2462 Stonecrop Road From Granite Ridge Builders Inc. to Francisco E. and Rochelle A. Pena $152,382 2664 Stonecrop Road From Granite Ridge Inc. to Tracie M. Tellas $141,700 15715 Tawney Eagle Cove From Ronald W. Nussbaum and Susan K. Rayls to John W. and Tamara A. Shumaker $275,000

46765 10210 Stuckey Lane From Anthony P. Rekeweg and Amy L. Lewis to Timothy J. Michael $277,000

526 Courtney Drive From Nick Viggiano to Gary and Mary Holman $54,000 1621 Genoa Court From Lanco LLC to Westport Homes of Fort Wayne Inc. $37,900 9562 Falcon Way From Pinestone Group LLC to Granite Ridge Builders Inc. $24,286

46783 10920 Calera Passage From Westport Homes to Becky A. Tunks $140,000 11604 Azbury Blvd. From PT Development Corp. to Gary and Ruth Koomler $62,886

BANKRUPTCIES ADAMS COUNTY

1607 Genoa Court From Lanco LLC to Lancia Homes Inc. $38,900 1615 Genoa Court From Lanco LLC to Slattery Builders LLC $37,900 1608 Genoa Court From Lanco LLC to 21st Century Homes LLC $33,900 579 Royalton Drive From the estate of Ilse Fisher to Mirilad LLC $32,900 13009 Harper Road From Deanna Ringenberg to Brittany McKee $123,000

Andrew L. Witte 1015 Parkview Drive Decatur, IN 46733 Assets: $155 Liabilities: $15,074

Brian P. Underwood 12815 E. Tillman Road Fort Wayne, IN 46816 Assets: $103,940 Liabilities: $198,202

Michael F. Marra 1215 Foxmoor Run Fort Wayne, IN 46825 Assets: $33,535 Liabilities: $301,782

Christina M. Hayes 2624 White Oak Ave. Fort Wayne, IN 46805 Assets: $3,950 Liabilities: $204,920

Leann R. Burnside 7534 Maeve Drive Fort Wayne, IN 46835 Assets: $115,673 Liabilities: $140,132

Tiffany R. Sheperd 4506 Plaza Drive Fort Wayne, IN 46806 Assets: $43,990 Liabilities: $85,456

Daphne A. Starkey 606 1/2 Meyer Ave. Fort Wayne, IN 46807 Assets: $3,700 Liabilities: $35,993

William D. and Latoya L. Morrow 2655 Boardwalk Circle Fort Wayne, IN 46809 Assets: $160,600 Liabilities: $252,095

Lisa A. Dennis 3102 Webster St. Fort Wayne, IN 46807 Assets: $905 Liabilities: $71,996

Charles L. Burns 2420 Trentman Ave. Fort Wayne, IN 46806 Assets: $27,600 Liabilities: $88,296

Terrie L. Walker 8003 Glenoak Parkway Fort Wayne, IN 46815 Assets: $126,951 Liabilities: $137,177

Carl E. Thomas and Tanisha S. Cooper 6827 Woodlynn Drive Fort Wayne, IN 46816 Assets: $14,300 Liabilities: $36,400

Shantel N. Lahr 2805 Waynedale Blvd. Fort Wayne, IN 46809 Assets: $3,675 Liabilities: $30,006

Hollie J. Frazzini 10505 1/2 Old Leo Road Fort Wayne, IN 46825 Assets: $8,200 Liabilities: $57,098 Rita R. Atkinson 2012 N. Anthony Blvd. Fort Wayne, IN 46805 Assets: $10,200 Liabilities: $129,120 Kelly A. Dye 4317 Tacoma Ave. Fort Wayne, IN 46807 Assets: $84,545 Liabilities: $110,067 Gary A. Wright 9509 Leesburg Road Fort Wayne, IN 46818 Assets: $120,400 Liabilities: $80,054 Edwin D. Harris 2630 Chandler Drive Fort Wayne, IN 46816 Assets: $57,330 Liabilities: $46,852 Paul G. and Cheryl A. Grube 16407 Tarn Trail Fort Wayne, IN 46845 Assets: $176,627 Liabilities: $146,449 Kurt A. Eisbrenner 1403 Apricot Court Fort Wayne, IN 46825 Assets: $11,149 Liabilities: $31,136

Samantha A. Miller 303 W. Oak St. Decatur, IN 46733 Assets: $63,100 Liabilities: $72,069

Brian L. and Latricia D. Austin 4929 Cloverbrook Drive Fort Wayne, IN 46806 Assets: $64,640 Liabilities: $159,884

Christopher M. and Christal M. Strong 2658 S. Salem Road Monroe, IN 46772 Assets: $135,628 Liabilities: $170,402

Natasha C. Clark 6019 Dichotomy Court Fort Wayne, IN 46835 Assets: $60,684 Liabilities: $93,128

ALLEN COUNTY Margaret A. Lewis 4116 Winter St. Fort Wayne, IN 46806 Assets: $31,325 Liabilities: $31,448

Jeremy D. Incremona 3818 FairďŹ eld Ave. Fort Wayne, IN 46807 Assets: $78,707 Liabilities: $58,449

Marcy A. Schenkel 4704 Simplicity Court Fort Wayne, IN 46818 Assets: $30,788 Liabilities: $54,966 Michael A. Boyles 5314 Highview Drive Fort Wayne, IN 46818 Assets: $119,540 Liabilities: $161,333 Kenya L. Clancy 2924 S. Hanna St. Fort Wayne, IN 46806 Assets: $7,221 Liabilities: $40,589 Sheila M. Curry 3030 Shady Hollow Place Fort Wayne, IN 46818 Assets: $200,548 Liabilities: $167,776 Nicole R. Reichard 1314 N. Wells St. Fort Wayne, IN 46808 Assets: $31,135 Liabilities: $135,366 Tobey L. Peters and Tia M. McKee 5142 Riviera Drive Fort Wayne, IN 46825 Assets: $69,550 Liabilities: $104,820 Sharon K. Billington 7636 Wohoma Drive Fort Wayne, IN 46819 Assets: $77,975 Liabilities: $158,305 Cheryl A. Mansaray 1623 W. State Blvd. Fort Wayne, IN 46808 Assets: $61,975 Liabilities: $72,100

Allen J. and Christa M. Smith 8612 Timbermill Place Fort Wayne, IN 46804 Assets: $179,400 Liabilities: $172,075 Tiffany D. Sherman 4530 Bridgetown Run Fort Wayne, IN 46804 Assets: $8,069 Liabilities: $133,317 Stacy A. Caudill 6605 Maywood Circle Fort Wayne, IN 46819 Assets: $2,325 Liabilities: $29,270 Alice M. Smallwood 10911 Minnich Road Fort Wayne, IN 46816 Assets: $85,270 Liabilities: $118,707 Kelly J. McInturff 537 Russell Ave. Fort Wayne, IN 46808 Assets: $1,525 Liabilities: $18,790 Theresa A. Lahurreau 3014 Willow Oaks Drive Fort Wayne, IN 46809 Assets: $10,100 Liabilities: $26,075 Jody L. Cartwright 4611 Craftsbury Circle Fort Wayne, IN 46818 Assets: $159,200 Liabilities: $197,698 Meco L. Hood 4008 Gaywood Drive Fort Wayne, IN 46806 Assets: $3,090 Liabilities: $74,718 Steven J. Holloway 13134 Winding Vine Run Fort Wayne, IN 46845 Assets: $175,800 Liabilities: $251,924 Julie A. Southwood 10721 Coriander Place Fort Wayne, IN 46818 Assets: $189,034 Liabilities: $285,420

Dotty S. Miller 5908 Sawmill Woods Court Fort Wayne, IN 46835 Assets: $142,075 Liabilities: $118,000

Becky L. Barnett 1505 Switchback Cove Fort Wayne, IN 46845 Assets: $122,750 Liabilities: $201,596

David P. and Virginia M. Duesel 10108 Hosler Road Leo, IN 46765 Assets: $103,020 Liabilities: $73,085

Dennis L. and Carol S. Kutzner 814 Wolverton Drive Fort Wayne, IN 46825 Assets: $210,400 Liabilities: $127,720

Alicia M. Falk 336 S. Cornell Circle Fort Wayne, IN 46807 Assets: $30,350 Liabilities: $171,566 Michael M. Rossi 8311 Oklahoma Trail Fort Wayne, IN 46815 Assets: $7,986 Liabilities: $40,206 Brian Z. Mulevu 4720 Druid Hill Drive, Apt. 201 Fort Wayne, IN 46835 Assets: $5,632 Liabilities: $37,192 Patti L. Kelly 4656 Jason Drive Fort Wayne, IN 46835 Assets: $32,125 Liabilities: $49,289 Petra Velasquez 2107 Thompson Ave. Fort Wayne, IN 46802 Assets: $6,600 Liabilities: $53,535 Charles T. Coleman 5214 Buell Drive Fort Wayne, IN 46807 Assets: $1,600 Liabilities: $37,420

August 2-8, 2013

Donna M. Rauch 1550 B Connie Jean Crossing Garrett, IN 46738 Assets: $135,200 Liabilities: $183,655 Thomas R. Gifford 615 Ensley Ave. Auburn, IN 46706 Assets: $8,950 Liabilities: $143,158

HUNTINGTON COUNTY John S. and Holly A. Rice 44 Castle Hill Drive Roanoke, IN 46783 Assets: $10,843 Liabilities: $119,859 Reynardo and Jill M. Leal 246 Vine St. Huntington, IN 46750 Assets: $138,701 Liabilities: $146,506 Katherine E. Bogert 539 Philip St. Huntington, IN 46750 Assets: $79,275 Liabilities: $149,416 Daniel L. Thompson 645 E. Franklin St. Huntington, IN 46750 Assets: $6,863 Liabilities: $17,879 Thomas J. Elkins 4947 E. 531 North Roanoke, IN 46783 Assets: $2,885 Liabilities: $25,005

DEKALB COUNTY

David L. Beard Jr. and Cathy S. Beard 1504 Guilford St. Huntington, IN 46750 Assets: $102,638 Liabilities: $269,357

Larry T. Combs III and Jessica R. Combs 600 S. Ijams St. Garrett, IN 46738 Assets: $56,387 Liabilities: $94,946

Candace L. Smith 446 Lynnwood Drive Huntington, IN 46750 Assets: $6,300 Liabilities: $103,377

Michael V. and Penny D. Rhodes 100 S. Guilford St. Garrett, IN 46738 Assets: $58,300 Liabilities: $88,803 Charles E. Yeaser Jr. and Trishilana M. Yeaser 7520 C.R. 68 Spencerville, IN 46788 Assets: $158,050 Liabilities: $201,278 Noah M. and Bridget L. Schimpf 5387 Kodiak Trail Auburn, IN 46706 Assets: $168,650 Liabilities: $213,439 Gary A. and Sue M. Bucher 6838 C.R. 43 Auburn, IN 46706 Assets: $239,737 Liabilities: $281,748

Charity C. Shrock 473 Williams St. Huntington, IN 46750 Assets: $13,825 Liabilities: $37,456 Tara M. Eltzroth 1041 Joe St. Huntington, IN 46750 Assets: $13,147 Liabilities: $22,658 Danielle A. Wilson 3454 E. 722 North Huntington, IN 46750 Assets: $773 Liabilities: $79,978 Mark W. Keplinger II 213 State St. Huntington, IN 46750 Assets: $6,280 Liabilities: $43,641

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ANTHONY: Former Scott’s store could be torn down, but a user has to be found first

Continued from PAGE 1

here,” said Jay Jamison of Jamison Meats. “It’s more attractive. There’s better access.” The former merchants alliance, which disbanded a few years ago after it marshaled a half-million-dollar update and redesign of the street and sidewalks that made the district more pedestrian and bicycle friendly, also has been reborn. It has a new name, the North Anthony Corridor Association, and a new mission that focuses primarily on marketing. “We want to get people to realize that there are new, fresh things going on here,” said Cyndi Demaree, who owns the Firefly Coffee House with her husband, Paul, and is a member of the corridor association’s board. The Firefly has been a popular meeting place on North Anthony for 14 years, and the Demarees have seen many ups and downs in the boulevard’s fortunes. So, too, has Phillip Beachy, who has run his family’s Health Food Shoppe on North Anthony for the better part of 40 years. “I’ve always been glad we were in this neighborhood,” said Beachy, whose specialty business draws occasional shoppers from a wide radius along with locals who drop in several times a week. “I think North Anthony is a great place to be as far as the older business districts in town.” The Health Food Shoppe even saw a bit of a pickup in its business after the Scott’s grocery closed, especially in fresh produce and dairy, which people often need to make a quick trip to purchase, Beachy said. In its current incarnation, the North Anthony business district has a few chains — Dollar General, Subway and Wendy’s — but most of the businesses are locally owned and operated. There is a wide variety, from: restaurants and cafes such as the Firefly, Old Crown, the Atz Ice Cream Shoppe, the Vanilla Bean cupcake bakery and Chrome Plated Diner; specialty stores such as Green Dog Goods (pet supplies, grooming and training), the Bookmark (used books and textbooks), Studio Seva (yoga), Miss Emily’s (dog grooming) and Possibilities Too (second-hand furniture); to neighborhood stalwarts such as Belmont Beverage, Jamison Meats and the Health Food Shoppe. Green Dog moved to North Anthony from State Boulevard about three years ago. “We wanted to stay in the neighborhood and we needed something with better visibility and especially better parking,” said co-owner Lesley Buckmaster. The pet supplies store’s business doubled with the move next door to Jamison’s, and it gets a lot of walk-ins and referrals from other businesses on the boulevard. Green Dog took a hit for awhile after the Scott’s store, and then its adjacent, stand-

alone drug store, closed in 2012. The Firefly also took a hit, Demaree said, and it hasn’t really recovered its lost business. “A lot of it’s been a slow economy, too, and we have hopes it will get better,” Demaree said. “We’re in it for the long haul.” The fate of the Scott’s property is still up in the air. Because the grocery building would be prohibitively expensive to repair, “the plans are, at some point, to tear it down. Ideally we’re looking to find the right kind of user, whether we sell it to another retailer or build it,” said Karl Behrens, a partner in BND Commercial who represents the property owners. There has been some interest in the 10,000-square-foot drug-store building, which is up for lease, but what happens with that depends a lot on what is done with the n

The Health Food Shoppe on North Anthony Boulevard actually saw an increase in some sales after the nearby Scott’s grocery closed its doors in 2012.

See ANTHONY on PAGE 22

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ANTHONY: Business owners get back together

Continued from PAGE 21

main grocery property, Behrens noted. “Of course, we’d like to have a Trader Joe’s there,” quipped Mo Palmer, president of the North Anthony Corridor Association, “but then every neighborhood wants a Trader Joe’s. What we do not want is a big box.” That independent ownership of the businesses on the boulevard is both a strength and a chief weakness. Palmer, who also headed the older merchants group organized in 2005, said it was very difficult at that time to get 20 businesses and a dozen different property owners to agree on plan to revitalize the neighborhood. “They didn’t trust us. They wondered what we were going to get out of it,” agreed Cyndi Demaree. It took five years to get the work done, “although I think it was hugely successful. Our goals were met,” Palmer said. She had hoped a merchants association would build from there on what had been accomplished, but instead the group dissolved and its members went back to focusing on their own operations. “It’s mostly an issue of time,” said Beachy. “At small businesses, we all just work our tails off.” But Palmer, who lives in the neighborhood

and owns Cultured Gardens, a landscaping firm, was not about to give up. “There’s still more that could be done,” she said. About four or five months ago, Palmer, Demaree and some other business owners resurrected the group and began meeting monthly. The location rotates from one North Anthony establishment to another, “so everyone gets to know everybody else,” Palmer said. They’re also getting some marketing help from the faculty at Indiana University-Purdue University Fort Wayne, Demaree said. Among the options under consideration: a shared Facebook page, a merchant newsletter, new banners to dress up and unify the neighborhood, joint promotions and perhaps some special events to bring more people in. Demaree said trust isn’t an issue this time around: “We’ve gotten way past that. What we’re really trying to say is we’re in this together. We are here to stay.” Palmer also is optimistic: “The momentum is going. We just need to keep going to get to that tipping point where people say, ‘Wow! Look what happened.’” “We are at a rebirthing stage,” Palmer added. “I see it. I see it so clearly. I know it can happen.”

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August 2-8, 2013

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RUDY’S: Owner wants to be a catalyst for a better downtown

Continued from PAGE 1

Leatherman is among those rooting for Mahara. “I give Rudy credit for blazing a trail,” Leatherman said. “He’s stepping out. He’s doing it with passion. Time will tell, but I want him to be successful. I’m just hoping the success will be long-term and yearround.” Mahara, one of the founders of the Boys & Girls Clubs of Fort Wayne and in the financial-planning business for 30 years, said the idea for Rudy’s came gradually and pretty much by accident. “In no way did I envision anything like this,” he said. “It just evolved.” He purchased the building at 409 W. Brackenridge three years ago, thinking he might move his financial-planning business there from its location on West Jefferson Boulevard near Jefferson Pointe. One thing led to another. On a whim while he was surfing the internet, he applied for a liquor license and to his surprise received one. Then he bought the assets of the Esquire Cigar Club on Thomas Road, including the club’s inventory of cigars, humidor lockers, couches, tables, chairs, flat-screen televisions and wooden Indian sculptures. The next development was pure serendipity. “My wife (Susan) was tasting some wines in Madison, Indiana, and they gave her a sweet wine and a piece of chocolate,” he said. “And her mouth exploded like a chocolate-covered cherry. And she said, ‘We’ve got to see if we can put DeBrand’s in Rudy’s.’” DeBrand co-owner Cathy Brand-Beere agreed to offer the Fort Wayne company’s chocolates for sale at Mahara’s enterprise, and the concept for Rudy’s began to take shape. It is more than a quick-transaction business. There is a walk-in cigar humidor, although no smoking is allowed inside the first floor at Rudy’s or immediately outside; a 15-seat wine-tasting area in a cozy dining room; 60 seats under umbrellas in a spacious “beer garden” at the rear of the business; and about 20 seats on the front porch and lawn bordered by a white-picket fence. On game days, Mahara said, Rudy’s will fire up a grill and offer hot dogs and sausages to patrons. “Beer and wine and chocolates and hot dogs: Who doesn’t like that?” he asked. When baseball is not in season, he envisions Rudy’s as a place where people can settle in for a drink or two, friendly conversation and perhaps a bite of chocolate. “I think the biggest business,” he said, “will be women coming in and tasting a sweet wine and having a piece of chocolate in the afternoon during happy hour. It’s a

RICK FARRANT

Numerous brands of cigars line the shelves inside the walk-in humidor at Rudy’s. People can purchase the cigars, but they can’t smoke them in or immediately around the first-floor business.

happy-hour kind of place. “It will be a fun atmosphere and the types of things that we might do with entertainment would include the symphony to some type of acoustic-guitar performances. There are so many possibilities.” Although the impetus for the business was the proximity to Parkview Field and the minor-league baseball games played there, Mahara also expects to see patrons from the nearby Grand Wayne Convention Center, the Harrison apartment complex, hotels and the soon-to-be-developed four-acre plot across the street from Rudy’s. The city has bought most of the properties on that plot west of Parkview Field between Brackenridge and West Jefferson, and Leatherman said demolition of roughly a dozen structures will be carried out through the end of September. The city will then seek development of multifamily housing, and “we’re going to try to create a situation that provides us with the highest quality housing we can get.” Mahara owns up to the fact that one of his goals with Rudy’s is to plan for his retirement. Money from the retail business will help, as will the lease to the corporation that will use the well-appointed and well-ventilated second floor as a drinking, smoking, TV-watching, card-playing hangout. Mahara identified the corporation as Maduros LLC, but declined to reveal the corporation’s members. He said the corporation’s activities have nothing to do with Rudy’s downstairs and noted that corporation members will access their lair through a private entrance. Money aside, there are other, more altruistic reasons for Rudy’s. Mahara said he wants to be one of the catalysts for a better downtown and encourage others, particularly some of the well-off customers of Rudy’s, to take a similar interest in improving the area while at the same time appreciating the struggles of his neighbors on Brackenridge.

It may sound a bit convoluted, this idea of mixing development by people of means with a recognition of those less fortunate. But there is a thread of reason, and the heart of the bearded man on the urban island is evident when he talks about what he wants others to see. “As I’ve met my neighbors on Brackenridge,” Mahara said, “they’re all good people. They’ve just had a poor twist in their lives. So, one, I want to help turn that neighborhood around. And I’ve given many of them work and jobs to help me.” He also wants others who have money to adopt the same kind of attitude toward the neighborhood and perhaps invest in it. “I want ‘em to see it,” Mahara said emphatically. “I want ‘em to see it. One day, there were four half-million-dollar cars parked out there and one of the guys says, ‘You know, I saw a guy go through a garbage can and I felt like I should give him some money.’ “And I said, ‘You know what, they’re all just like you and I, but the circumstances of life are different.’ I want others to help develop the area but be cognizant of the people there. I think there’s a way for me to have a foot in both worlds and make a contribution.”

PAGE 23

AUCTION G&L Enterprises - IN Yoder, Indiana

Onsite Auction with Simultaneous Webcast 5204 Hamilton Rd., Yoder, IN

Thursday, August 8, 2013 12:00 pm Real Estate will be sold at noon Equipment will sell immediately after Equipment preview: August 8, 8 am-noon Real Estate preview: By appointment Featured equipment: 1997 Freightliner FL70 dump truck, 1998 International 4700 truck, Ford 350 XL truck with tool box and Tommy Lift Gate, 1997 Johnston Street Sweeper, and Caterpillar 5000 lb. electric fork truck

260-373-0850 www.CharlestonAuctions.com Auction License AC68900001

Fort Wayne Entrepreneurial Summit Saturday, September 21, 2013 @ Fort Wayne Public Safety Academy: Ivy Tech South Campus

Two of Fort Wayne’s best business conferences are joining forces to create one even better event for: • Small Businesses • Medium Sized Businesses • New Businesses • Growing Businesses • Entrepreneurs • Students Featuring: • A Dynamic Keynote Speaker • A Panel of Local Business People • Educational Breakout Sessions • Programming Specifically for Young Entrepreneurs

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August 2-8, 2013

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Call Drew Dunlavy for all your Commercial Banking needs: Drew Dunlavy, (left) VP, Commercial Banking Officer drew.dunlavy@lakecitybank.com | 260.490.1374 x2851 Fort Wayne Southwest

Fort Wayne Jefferson

10429 Illinois Road

6851 W Jefferson Boulevard

(260) 625-6855

(260) 969-6996

Fort Wayne North 302 E Dupont Road (260) 490-1374

Member FDIC

Fort Wayne Northeast 10411 Maysville Road (260) 486-3944

3306 Independence Drive Fort Wayne, IN 46808

â&#x20AC;&#x153; â&#x20AC;&#x153;Lake City Bank understands the construction business and we look at them as our partners, not just our bankâ&#x20AC;Śâ&#x20AC;? a

Business Weekly

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