Indianapolis, IN
Pharmacy software company lays off 71, including 11 at Indy HQ – Indianapolis Business Journal
Just three years ago, an Indianapolis company that sells pharmacy-automation software had huge hopes for growth here.
Innovation Associates, which does business under the name iA, said it planned to expand its Indianapolis office from 20 to 420 by the end of 2023. Gov. Eric Holcomb and Mayor Joe Hogsett joined company executives in announcing the expansion plan.
But instead of growing, the company is now shrinking. Last week, the company quietly laid off 11 people in the Indy office and 60 people in other markets.
“Since entering the Indianapolis market, we have experienced great growth opportunities and an increase in workforce,” the company said in a statement to IBJ. “We’ve also experienced leadership changes, strategic shifts and additional external factors that affected and will continue to inform the evolution of iA. The number [of workforce growth] published in 2021 was a broad estimation given the business strategy and working environment at the time.”
The company declined to say how many people are working today at its Indianapolis office, located on the 15th floor of the 8888 Keystone Crossing building. It did provide a figure for total workforce of 537, “across multiple headquarters offices, as well as many in remote settings across the U.S.”
According to the Indiana Economic Development Corp., the company was eligible for up to $8 million in conditional tax credits if it employed 440 workers here by Dec. 31, 2023.
But according to the IEDC’s transparency portal, the company has claimed only $236,731, suggesting that iA has hired only a fraction of its stated goal. The portal does not show the number of workers employed by any particular company.
The company declined to make a senior leader available for an interview. The company had a change in leadership last year, when CEO Marvin Richardson retired and was succeeded by Tom Utech.
In his retirement announcement, Richardson said the industry has started a movement toward automation. “While the industry has yet to fully embrace technology at rates other industries have, it is poised to do so,” he said in written remarks in November.
In a column published in January in Chain Drug Review, Utech said the industry has faced unprecedented challenges for the past three years and have stepped up to meet them. “The dedication is admirable, yet the increasing demands for prescription fulfillment have brought to light the urgent need for change, for a Movement.”
Utech, who holds a doctorate in pharmacy from Creighton School of Pharmacy and Health Profession, said the industry needs to streamline through automation, undergo a digital transformation, and embrace innovative leadership and technology.
iA was founded in 1972 as Innovation Associates, which once designed manufacturing processes for a variety of industries, from the U.S. armed forces to personal computing, according to a profile on Utech in Creighton University’s alumni magazine.
iA sells software products to the retail, hospital, federal health care and mail-order pharmacy markets. It built its first fulfillment centers roughly a decade ago, the alumni magazine said.
“iA’s retail partners no longer fill the majority of their prescriptions on-site,” the magazine said. “The prescriptions are instead filled in a central fulfillment facility and brought to the brick-and-mortar store for the patient to pick up the following day.”
But the company did not want to discuss its business matters with IBJ, including workforce levels in Indianapolis.
“iA is declining any further comment on this matter,” the company told IBJ through an outside spokeswoman. The company did not return several phone calls to IBJ.
Indianapolis, IN
Residents demand alternatives to 2-year closure of critical Indianapolis bridge
INDIANAPOLIS (WISH) — A community meeting took place on Indy’s westside over what’s threatening to be more than a traffic nightmare.
The planned full closure of the 16th Street bridge could put livelihoods and lives at risk, community advocate Aaron Williams with the Keep the Bridge Open Coalition said.
“And not to mention the countless number of businesses, we’ve calculated over 125 million dollars within a quarter mile of this bridge that generate revenue that are going to be directly impacted,” Williams said.
The aging bridge is scheduled for a full replacement this summer. But in order to do it, the city’s department of public works says it will have to be fully closed to traffic in both directions, for two years. The closure recommendation was first mentioned in a scoping report dating back to 2016.
“It’s been pretty consistent that the recommendation has been a full closure based off of what that first scoping report said,” Kyle Bloyd with the Indianapolis Department of Public Works told News 8.
But residents want to know why the critical span that connects downtown to the city’s Haughville neighborhood can’t be reduced to one lane while the reconstruction takes place, allowing some traffic to get through, instead of none at all.
“We’ve seen time and time again, Lafayette Road, West Kessler Boulecard. We’ve seen where a bridge has been open with one lane in each direction,” Williams said.
It’s a question the owner of Longs Bakery, a longtime Indianapolis favorite, has.
The bakery is walking distance to the bridge, and could see a staggering revenue loss tied to even one day of the bridge being closed, let alone two years.
“We really rely on foot traffic and 500 to 1000 customers a day that are impacted by a bridge they can’t get around or a 10th street bottleneck, that’s our biggest concern,” Carl Long, owner of Longs Bakery said.
The bridge opened in the late 1940s. The Indiana Department of Public Works says there’s no record of any significant rehab effort on the bridge since that time.
Indianapolis, IN
IMPD asks for help to find missing 26-year-old man
INDIANAPOLIS (WISH) — Indianapolis police on Tuesday asked for the public’s help to find a missing 26-year-old man with autism.
Tyrese Pepper was described as being 5 feet, 8 inches tall and weighing 150 pounds. He was wearing a dark-colored jacket with a Colts logo and navy jogger pants.
He was last seen riding a navy-and-white bicycle eastbound on East 21st Street, according to the Indianapolis Metropolitan Police Department.
IMPD says Pepper is nonverbal and autistic.
If located, please call 911 immediately.
Indianapolis, IN
Indianapolis councilman says ‘No Data Centers’ note was left at his home after someone opened fire
The home of a councilman in Indianapolis was shot at early Monday in what local police said was an “isolated, targeted incident.”
The incident came less than a week after the Indianapolis Metropolitan Development Commission voted 6 to 2 on April 1 to approve rezoning to allow the construction of a data center.
Ron Gibson, a Democrat who represents District 8 on the council, spoke out in support of the rezoning and the efforts to build the data center in his district.
“Earlier this morning, between approximately 12:45 a.m. and 12:50 a.m., just a few hours after Easter Sunday, an individual fired 13 rounds at the front door of my home and left a note on my doorstep that read, ‘No Data Centers,’” Gibson said in a Monday statement.
Councilman Ron Gibson
The Indianapolis Metropolitan Police Department said it was called to the home on Monday morning, and officers found evidence that gunshots had been fired at the house. Police said no injuries were reported.
“I understand that public service can bring strong opinions and disagreement, but violence is never the answer, especially when it puts families at risk,” Gibson said in his statement.
The Indianapolis-Marion County City-County Council did not respond to requests for comment from Business Insider.
The data center is set to be built by Metrobloks, a data center developer based in Los Angeles. Following the vote last week, Gibson shared a statement on social media promoting the project.
“Metrobloks has the potential to bring significant investment, create jobs, and generate long-term tax revenue that supports infrastructure, housing, and essential services,” the statement said.
A data center boom is happening across the US, with companies pouring billions into building the infrastructure to keep up with demand in the era of AI. The data centers have faced increased opposition, with critics pointing to the high resource costs, from water to energy, and other issues like noise pollution, as detailed in a Business Insider investigation.
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