Month: April 2010

Notes: WellPoint Withdraws California Rate Hike

Indianapolis-based WellPoint is withdrawing its controversial request for a 39% rate hike in California, citing mathematical errors. Insurance giant Anthem Blue Cross withdrew plans to raise health insurance rates for Californians by as much as 39 percent after an independent…

Modern Door Expands in Walkerton

Modern Door Corporation today announced plans to expand its manufacturing operations in Walkerton, creating 20 jobs by 2013. Modern Door Corporation, a subsidiary of Wisconsin-based Plyco Corporation, specializes in steel, aluminum and fiberglass walk doors and ventilation products commonly used…

Notes: Duke Reports Leasing Activity Up

Indianapolis-based Duke Realty reports that leasing activity was at a five-year high in the first quarter. The company, which reported first-quarter results in line with analyst expectations, said it leased 5.5 million square feet of space during the three-month period…

Murpac Opens in Fort Wayne

Murpac Services Inc. is locating operations in Fort Wayne. The company, which refurbishes reels for wire, will lease space at the Coastal Commerce site, located at 3405 Meyer Road. Murpac Services is investing $500,000 in the project and will add…

Just Packaging Plans Indianapolis Facility

Just Packaging Indianapolis, Inc., a manufacturer of corrugated packaging, will site its newest manufacturing center in Indianapolis, creating up to 30 new jobs by 2012. The company, which manufactures corrugated products for customers in a variety of industries, will invest…

Notes: Restaurant Revival Seen

Restaurants are finally starting to see diners return. The meals aren’t fancy — and business is far what it was before the recession sent the nation spiraling — but restaurateurs big and small say they’re breathing a tentative sigh of…