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Indiana Data Processing

From Bloomingpedia

Indiana Data Processing Inc. was one of about 20 or so companies in the U.S. that handled the return, sorting, counting and billing to the issuing manufacturer of millions of coupons a year. Its accounts receivable department employed about 20 workers in Bloomington.

The company was purchased by Bruce Furr in 1963 and has been handling coupon operations for grocery stores large and small ever since. Up until the 80's coupons were sorted by US home workers, but then the work was moved to Mexico.

The Bloomington office did the actual billing, determining how much grocery stores should be getting back from the coupon distributor.

In 1997 the company merged with North American Data Processors, and in 2001 with Marketing Masters Inc., of New Jersey. The combined firms became known as International Data. They had offices, warehouse and processing facilities and sales offices in Indiana, New Jersey, Texas, Mexico, Tennessee, California, France and Belgium, and more than 5000 employees. The Bloomington office was located at 501 S. Madison Street. Steve Furr was the executive vice president.

In 2003, the firm remade itself into International Outsourcing Services, and offered contract manufacturing and data management services to some of the world's biggest companies, and the company moved into the new Furr Building at West Bloomfield Road and Cory Lane. At that point, Bruce Furr was the chairman of the board; Lance Furr was chief financial officer and chief operations officer, North America; Steve Furr was president; and Rex Furr was executive vice president. The company was one of the leading check-processing and remittance companies in France, with a client base including BNP Paribas and Credit Lyonnaise, and Indiana University professor Jack Wentworth was writing a book about the firm's "Laborgistics" method of integrated processing and advanced logistics management.

In 2007, a federal grand jury returned a 25-count indictment against the company for fraudulently redeeming more than $250 million in unused coupons. Eventually, charges were dropped against the company, although many company officers including Bruce Furr, Lance Furr, and then Chief Financial Officer William Babler still faced charges. The next year, California-based Marlin Equity Partners acquired the coupon redemption operations and formed ProLogic Redemption Solutions.