The Indianapolis News from Indianapolis, Indiana • 26

THE STAR 11 F. I) I) A (' (i 1997 4 NEWSMAKERS -MA LA t- iw fas i 14k 1-1 Ill) 1I Cleo Coyle Lisa Cochrane Carta Erickson Susan Albers Winston Satteriee Schneider Engineering Corp. has appointed Victoria Schneider Temple, general counsel, human resources; Melissa Thomas, marketing assistant; Wayne Armstrong, Jonathon Ritter and Robert Mullins, geotechnical field technicians. Ronald C. Budny, Ron Budnylnteri-or Design, has been named chairman of Color Marketing Group's International Design Directions committee.

Data Processing Services Inc. has appointed Gary W. Shuman, vice president of operations. Indiana Chamber of Commerce has appointed Kevin Brinegar, senior vice president of government affairs, and Kathy McKimmie, senior vice president of communications and marketing. Countrymark Cooperative Inc.

has appointed Sonya Flanary, employment and recruiting specialist; Michael Gryskevich, sample receiving specialist; Carmel Harr, pricing assistant; David Klemm, purchasing logistics manager; Alysia Nay, production assistant; Richard Nobbe, seed sales specialist; Julie Clark, senior decision support specialist; Mark Lawler, data resources manager; Daniel McGowan, se- Wallace R. YakeyJr. sistant vice president. William R. Yeo has joined Thurston Springer Miller Herd Titak Zionsville, as a financial investment executive.

Linda Ramsey has joined Inland Mortgage Greenwood, as loan officer. CIVIC Jameson Camp has appointed Susan L. Albers, director of development. CONSTRUCTION Eaton Lauth has appointed Suzanne E. Sorensen, administrative assistant.

INSURANCE Donald D. Pfahler has joined Indianapolis Life Insurance Co. as senior auditing consultant. George R. Leslie has been appointed regional sales vice president for The State Life Insurance Great Lakes Region.

Farmers Insurance has appointed Paul T. Quinn, Indiana state executive director. INSIDER TRADING BUSINESS RECORD Victoria Thomas T. Schneider Hallonquist Temple ACCOUNTING Jeff Freese has been promoted to senior at Geo. S.

Olive Co. LLC. Jerry P. Henderson has joined FitzgeraldIsaac p.c. as a staff accountant.

KPMG Peat Marwick LLP has appointed Scott G. Sisel, director, health care; Larry Keyler, partner, tax processing consulting; Gary Bollier, manager, information systems consulting; Daniel J. Hanson, tax partner; Karen M. Corrigan, senior manager, public services; Michael D. PucketL senior manager, manufacturing, retailing and distribution; Pamela P.

Hawkins, manager, financial services; and Mark Yoder, manager, manufacturing, retailing and distribution. John W. Turner has joined the staff of Larry E. Nunn Associates. BANKINGFINANCE Old National Service Evans-ville, has appointed Janet Wandling, manager, distributed systems development and Keith Goad, float manager.

First Community Bank Trust Bar-gersville, has appointed Harlan Vogel as- COMPANY NEWS Arvin Industries Columbus, has announced, with Kayaba Industry Ltd. of Japan, the opening of its new power steering pump plant in Pamplona, Spain. Bloomfield State Bank, Bloomfield, has appointed Communico Inc. advertising agency of record. Brainstorm, The National Creative Network Inc.

has been hired by The Methodist Health Foundation to manage a series of projects, including their quarterly newsletter. Century 21 Advantage Group, Greenfield, and Coldwell Banker Leon Wilson, Greenfield, have joined forces. The new office will be called Century 21 Elsbury Wilson LLC. Days Inn Plainfield has been designated as a Days Business Place property. Indiana Association of Event Professionals has announced its merger with the International Special Events Society.

Klipsch Inc. has announced it will be manufacturing and marketing professional loudspeakers under the Klipsch Professional brand name. The Maco Huntington, has received QS-9000 quality certification. Nyloncraft, a division of Excel Industries will invest $6.7 million for a expansion of its plastic QUINN Continued from Page 1 with less than $150,000. Singles can make partial contributions with incomes of up to $110,000 and couples of up to $160,000.

You can withdraw the money you put into the Roth, tax-free, at any time. To take your earnings tax-free, however, you have to hold the Roth IRA for at least five William Ft Yeo MANUFACTURING Delco Remy International has appointed Mark W. Kenczyk, vice president, purchasing; John D. Cowden, director, financial planning and analysis; and Steven J. Bigatti, director, business development for South America MEDICAL Dr.

Kingsley Annan has joined the cardiology staff at The Heart Center of Kokomo. Dr. John D. Slack, Nasser Smith Pinkerton Cardiology has been elected chairman of the Indianapolis Medical Society's board of directors. Westview Hospital has elected the following medical staff officers: Timothy Nichols, chief of staff; Luke Nelligan, vice chief of staff; and Michael Barbara, secretarytreasurer.

Dr. Ronald N. Duncan Family Practice Associates of Elwood, has been appointed home care medical director of Visiting Nurse Association of North Central Indiana. St Vincent Hospitals and Health Services has elected the Rev. Walter Deye, 200 Medical Drive, Suite C1A, Carmel; (317) 8154644.

Lube has opened at 7072 Emblem Drive; (317) 882-4180. USAGLOBAL Internet Solutions has opened at 6308 Rucker Road, Suite (317) 532-0707. RELOCATIONS Homegold, the retail division of Emergent Mortgage has relocated to 5875 Castle Creek Suite 487; (317) 580-4866. HONORS Cooksey Associates Carmel, received five honorable mentions at the 1997 Professional Achievement in Creative Events awards banquet. The Summit Group Mishawaka, has been named a premier business partner by the IBM Corp.

Business Record appears on Mondays and includes notices of company news, new products, new ventures, relocations, name changes, honors and Web addresses, published as space allows. Mail notices to Business Record, in care ol Lisa Howell, Business Monday, P.O. Box 145, Indianapolis, 46206-0145. Send faxes to (317) 633-1233. 333-0740.

Also ask for Price's free report on the new tax legislation. For software that compares all your new IRA options, get Price's IRA Analyzer ($9.95, for Windows 3. 1 and higher, and IBM-compatible computers with a 486 processor or greater). With minor modifications, it's free on the Web site, www.troweprice.com. Washington Post Writers Group Journev Through Oz.

Tin Mark W. Kenczyk Steven J. Bigatti Brebeuf Jesuit Preparatory School; William Esles, Bill Estes Chevrolet and Stephen Stitle, National City Bank, Indiana, to its board of directors. Carla Erickson has joined Westfield Family Physicians, Westfield, as a nurse practitioner. WCE Clinical Evaluations has appointed Dr.

Winston Satteriee, medical director, and Cleo Coyle, clinical site research manager. REAL ESTATE George Bridwell and Molly Brid-well have joined Coldwell Banker Executive Centre as associates. RETAIL O'Chariey's Inc. has promoted Paul Hein to area supervisor. TRADEPROFESSIONAL Keller Crescent Evansville, has appointed Timothy S.

Piazza, technology director, and Marlene Hirsch, technical writer. Lisa Cochrane has joined Benham Press as a customer service representative. German American Bancorp. Albert Wayne Place, director, indirectly purchased 1,000 shares of common at $44.50 each on Sept. 10 and now directly and indirectly holds 23,836 common.

Home Federal Bancorp (In) David W. Laitinen, director, exercised an option for 1,687 shares of common at $3.78 each on Sept. 25 and now directly and indirectly holds 33,179 common. Lawrence E. Welker, vice president indirectly sold 300 shares of common at $30 each on Sept.

2 and now directly and indirectly holds 53,261 common. Lincoln National Corp. Robert Alvin Anker, an affiliated person, purchased 21,000 shares of common at $26.03 each on Aug. 5. To cover expenses of the transaction, Anker turned in 11,841 of them for $72 and now directly and indirectly TODAY American Business Women's Association, Indy Skyline chapter, 5:30 p.m., Howard Johnson's Downtown, Meridian Street and 16th Street.

Call (317) 297-2257 TUESDAY The Indianapolis Council of Women 10 am, Highland Country Club, 1050 W. 52nd St. Call Juanita Ostendorf, (317) 849-3644. WEDNESDAY Credit Professionals International of Indianapolis, 11:30 am, Murat Centre, 520 N. New Jersey.

Call Donna Daugherty, (317) 579-5009. Executive Service Corps, 6 p.m., Ritz Charles, 12156 N. Meridian Carmel. Call (317) 574-7272. INVESTOR Continued from Page 1 exchange for all of RTO's outstanding common stock.

Although Alrenco will be the surviving entity, it will be run by RTO's management team. RTO's chairman Johnson, chief executive officer Bill White and chief financial officer David Belt will assume those posts with Alrenco after the merger. Walts will remain on the board of directors and serve as a consultant to the company. Alrenco also will be headquartered in Texas once the merger is complete; its New Albany facility will become a zone office serving from 150 to 250 stores. In light of those facts, some analysts are saying the deal really was a way for RTO to get stock to use In future acquisitions without conducting an Initial public offering.

They also are saying that Alrenco could be the next company to benefit from a touch of the I luizenga magic. Huizenga earned his fortune by building a single garbage truck into big-time trash hauler Waste Management which he resigned from in 1984. He then built a 19-store video rental chain into Blockbuster Entertainment which he sold to Viacom Inc. for $8 billion in 1994. He's now chairman and co-CEO of UK-public JohnD.

Cowden nior vice president PLAN; Carol Sullivan, accountant II; and Cindy Wehrman, customer service representative. Thomas T. Hallonquist has been appointed director of information technology for The Rough Notes Carmel. Scott Roddy has joined WGLD-GOLD 104.5 FM as an afternoon on-air personality. Family Service Association of Central Indiana Inc.

has appointed James M. Vaughn, director of business administration, and Patricia Converse Nowlin, vice president community relations and resource development. Wallace R. Yakey Indianapolis Economic Development has joined Lilly Endowment Inc. as a program director, community development Newsmakers appears on Mondays and includes notices of promotions, appointments and elections, published as space allows.

Mail notices and photographs to Newsmakers, in care ot Lisa Howell, Business Monday, P.O. Box 145, Indian- apolis 46206-0145. Send faxes to (317) 633-1233. 5,000 shares of common at $23.50 each on Sept 3 and now directly and indirectly holds 46,983 common. George L.

Thomas, director, indirectly sold 3,000 shares of common at $23.50 each on Sept. 12 and now directly and indirectly holds 25,415 common. Miller Building Systems Inc. Robert Eric Winks, officer, purchased 121 shares of common at $9.50 each on Aug. 29 and now directly holds 2,186 common.

Schult Homes Corp. Francis M. Kennard, vice president, indirectly sold 6,700 shares of common at $19.50 each from Sept. 16 to Sept. 24 and now indirectly holds 157,219 common.

Insider Trading is written by CDAlnvest-net ot Fort Lauderdale, Fla FRIDAY Indianapolis Entrepreneurship Academy, 6 p.m., IMPACT Business Incubator, 6131 W. 80th St. Speaker Ted Englehart, TM Englehart Corp. Call Bob Engle, (317) 228-1100. Professional Secretaries International, district conference, Saturday and Sunday also, Radisson Plaza Suite Hotel, Keystone at the Crossing.

Call Doris Combs, (317) 542-2135. Meetings appears Mondays and includes notices of professional, trade and educational meetings of general interest, published as space allows. Mail notices to Meetings, Business Monday, P.O. Box 145, Indianapolis, 46206-0145. Send faxes to (317) 633-1233 One reason could be that investors are no longer overlooking Al-renco's announcement, which it released with news of the merger Monday, that its 1997 earnings will be about 10 percent lower than the roughly $1 per share that analysts were estimating.

Another could be that investors are getting realistic about just how involved Huizenga and Johnson will be with Alrenco. Both are CEOs of other companies: Huizenga of Republic and Johnson of Extended Stay America. "George Johnson, the Block- buster connection that everyone refers to, is the chairman of this company (Alrenco) and is not in- volved in the day-to-day operations," said Dennis Van Zelfden, a securities analyst with The Robinson-Humphrey Co. Alrenco's earnings shortfall announcement, the rise in its stock price after the merger announce- ment and the earnings-per-share dilution that will result from having another 10.9 million shares outstanding led Van Zelfden to lower his rating of Alrenco stock to "long-term market perform" from "long-term Van Zelfden said White and Belt, who ran RTO before Huiz-nega and Johnson bought into it, know the rent-to-own industry, but are untested in running a big corporation. "I think the new management team needs a little more time to be seasoned," he salid.

injection molding plant in Mishawaka. Nyloncraft will hire 62 workers as part of this expansion. The company will receive a $50,000 Training 2000 grant from the Indiana Department of Commerce. BANKRUPTCIES These bankruptcies were filed Sept 25-Oct. 1 in U.S.

District Court Indianapolis, for the Southern District of Indiana D-debt; a-assets. Brandon Jay Adomatis doing business as Sentry Custom Homes, 15715 Hazel Dell Road, Noblesville; Ch. no and a listed. Ernest Ray Bewley Jr. also known as Skip Bewley, formerly doing business as Your Favorite Sew Vac, Bewley's Sewing Centers and Speedway Sewing Center, 4984 Beechwood Road, Plainfield; Ch.

$173,992. Corey Gene Smith formerly doing business as Enterprises and Core Financial Group, 9412 Elmberry Lane, Fishers; Ch. $15,055. NEW VENTURES Einstein Bros Bagels has opened at 5999 Crawfordsville Road, Speedway; (317) 481-9888. Key Placement Service has opened at years and withdraw in one of the following circumstances: You're 59V2 or older, you're taking up to $10,000 to buy a first home, you're disabled, or your heirs take the IRA after your death.

(Congress also may decide to limit tax-free withdrawals of money rolled over from other IRA plans.) To help you decide whether it pays to convert, Price offers a free worksheet when you call (800) Xmonnecf gar jnrr 3 Lav IiSHIiiii fmmi holds 49,227 common. Herbert Thorn, vice president, exercised an option for 1,000 shares of common at $23.50 each. Richard Stuart Robertson, vice president, sold 1,600 shares of common at $72.21 each on Aug. 5 and now directly and indirectly holds 19,431 common. Lawrence T.

Rowland, officer of subsidiary, exercised an option for 1,500 shares of common at $27.72 each on Aug. 4 and now direct holds 8,121 common. Richard C. Vaughan, vice president, exercised an option for 2,800 shares of common at $27.72 each on Aug. 5.

To cover expenses of the transaction, Vaughan turned in 1,654 of them for $72.22 each on Aug. 5 and now directly and indirectly holds 18,722 common. Marion Capital Holdings Inc. Jerry D. McVicker, director, indirectly sold MEETINGS Indiana German Heritage Society, 7:30 p.m., Athenaeum, 401 E.

Michigan St. Topic: German prisoners of war at Fort Benjamin Harrison. Call Sandra Hensel-meier, (317) 253-9796. Indiana Medical Device Manufacturers Council 11:30 University of Indianapolis, 1400 E. Hanna Ave.

Call (317) 257-8558. Network of Women in Business, Sales Pros group, 7:30 am, MCL Cafeteria, 5520 Castle Corner Lane. Cost: $4. Call Shirley Ernest, (317) 848-1584. THURSDAY Forum 97 Satellite Broadcast, 2 p.m., USA Group, 11100 USA Parkway, Fishers.

Presented by: Indianapolis Section ASQ and USA Group. Cost: $10. Call Jim Grimes, (317) 276-5984. Industries which is in the solid waste, electronic security and car rental businesses, but is making its biggest splash by buying up car dealerships and opening used-car megastores. "Wayne Huizenga and George Johnson are proven operators in multi-unit management and industries with bad images," said Jerry L.

Robinson, a vice president of research with Stephens Inc. They also are bullish on the rent-to-own industry. "I like this business a lot and it is coming along quickly in growing at 20 percent annually." Huizenga told Audio Week magazine at the annual show put on by the industry's trade group, the Association of Progressive Rental Organizations. The rent-to-own business "has grown quickly all around the world, but it just hasn't happened here yet," Huizenga said. It's tempting to believe that Alrenco is poised to enter into a Blockbuster-like growth spurt.

Investors seemed to do that last Monday, when they pushed the company's stock price up $3.06 to $18.31 on volume of 2.77 million shares, 55 times the average daily volume of the preceding six months. Since then, however, Alrenco stock has trended downward, closing at $16,625 Friday, down $0,125. The shares are traded on the Nasdaq. XLConnect Solutions Inc. IPO Anniversary Openhouse XLConnect is celebrating the first anniversary of our IPO.

Special Programs on Interoperability and Asset Management will be ottered to industry leaders and Computer Professionals. Sewn Kev Industry leading vendors will be on hand to answer your questions. The frlrl tratiires Kevnote sneaker. Chris Jesse author of A event will be Irom to 1 1 and will include lunch. The Keynote address will be from There will also be a resource recruiting fair Irom If you are currently or want to explore the exciting IT industry, you will not want to miss this Openhouse.

Please KSVP your interest by calling (3 1 7) 9455 Delegates Row. Indianapolis. IN 46240.