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Slinky maker hoping to purchase bankrupt Fundex

Plainfield-based Fundex Games Ltd., which filed for bankruptcy protection in September, said Poof-Slinky Inc. is the only potential purchaser that has shown interest in acquiring the company’s assets.

Manufacturer of pet supplies adding 80 jobs in Indiana

Rockville-based Scott Pet Products Inc. announced Tuesday morning that it plans to relocate its manufacturing and distribution operations in Tishomingo, Okla., to Newport in western Indiana, creating up to 80 jobs by 2014.

Indiana Historical Society wraps up $19M campaign

The Indiana Historical Society has raised $19.5 million to support the Indiana Experience, its series of interactive history lessons intended to draw more visitors to the local not-for-profit’s downtown facility.

Illinois company to hire 50 in Indy for Medicaid drug contract

Catamaran Corp. will add 50 jobs in Indianapolis over the next year to help it provide pharmacy-benefit-management services to the Indiana Medicaid program. The Illinois-based company will open an office downtown Tuesday to kick off its six-year, $60 million contract with the state.

Construction

-Kort Builders has completed a 6,860-square-foot office build-out for Trinity Metals at 6400 English Ave.

-Kort Builders has completed a 1,200-square-foot office remodel for Aspinall & Associates at 6840 Hillsdale Court.

-Gibson Commercial Construction has completed a 3,400-square-foot DiBella’s Old Fashioned Submarines store at The Shoppes at River’s Edge, 4335 E. 82nd St.

Residential

The average rate for 30-year mortgages dropped from 3.53 percent to 3.52 percent in the week ended Nov. 28, according to Bankrate.com. The rate for 15-year mortgages was unchanged at 2.86 percent.

Leases/leasing contracts

-JPMorgan Chase Bank extended its lease for 204,068 square feet at Chase Tower, 111 Monument Circle. The tenant was represented by Nick Arterburn of CBRE. The landlord, CW Monument Circle Inc., was represented by John Robinson and Adam Broderick of Jones Lang LaSalle.

-Shoe Sensation Inc. leased 8,050 square feet of retail space at 1600 E. Michigan Road, Shelbyville. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.

-Center for Orthopedic Surgery & Sports Medicine leased 6,722 square feet of retail space at 1675 W. Smith Valley Road, Greenwood. The landlord, CW Capital Asset Management LLC, was represented by Bill French of Cassidy Turley. The tenant represented itself.

-Cunningham Weatherspoon Agencies leased 6,008 square feet of office space at 9800-9880 Westpoint Drive. The landlord, Crosspoint Partners, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.

-Indy Auctions leased 5,151 square feet of industrial space at 7226 E. 87th St. The tenant was represented by Spero Pulos of Lee & Associates. The landlord, Westminster Northeast, was represented by Todd Vannatta and Bryan Miller of Cassidy Turley.

-Spence Inc. dba Anytime Fitness leased 5,000 square feet of retail space in Greenfield Station Shopping Center, 1921 Melody Lane, Greenfield. The tenant was represented by Brent Godbout of Franchise Real Estate. The landlord, LOR Corp., was represented by Jacque Haynes of Cassidy Turley.   

-Wireless@Work leased 3,887 square feet of office space at 9800 9880 Westpoint Drive. The landlord, Crosspoint Partners, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.

-America's Best Contacts & Eyeglasses leased 3,255 square feet of retail space at Nora Plaza Shopping Center, 1300 E. 86th St. The tenant was represented by Allison Hawley of Cassidy Turley. The landlord, Ramco Gershenson Properties Trust, represented itself.

-Weichert Realtors leased 3,129 square feet of office space at 1980 E. 116th St., Carmel. The tenant was represented by Sam Smith of Colliers International. The landlord, Clarkland Properties, was represented by Darrin Boyd and Dave Moore of Cassidy Turley.

-Lincoln Square Pancake House renewed its lease for 2,800 square feet of retail space at 8150 Oaklandon Road. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.

-The Cellular Connection leased 2,690 square feet of retail space at 4903 S. Emerson Ave. The tenant was represented by Jamison Downs of Veritas Realty. The landlord, Kovacs Enterprises LLC, represented itself.    

-The Cellular Connection leased 2,545 square feet of retail space at The Centre, 1360 S. Rangeline Road, Carmel. The tenant was represented by Jamison Downs of Veritas Realty. The landlord, KRG Centre LLC, was represented by Blake Beaver of Kite Realty Group.

-Renew Cosmetic Spa leased 2,480 square feet at Hunter’s Quest, 102-122 E. Carmel Drive, Carmel. The landlord, The Fineberg Group LLC, was represented by Patrick Boyle of Midland Atlantic Properties and Brian Fineberg of Fineberg Property Services. The tenant represented itself.

-Five Guys Burgers & Fries leased 2,400 square feet in Brownsburg Village Shopping Center, 124 E. Northfield Drive, Suite H, Brownsburg. The tenant was represented by Jason Challand of Echelon Realty. The landlord, BVSC LLC, was represented by Jodi Milto of Midland Atlantic Properties.
 
-A+ Auto Glass leased 1,920 square feet of retail space at 8630 Pendleton Pike. The landlord, Master Automotive Services Group LLC, was represented by Ron Mannon of Lee & Associates. The tenant represented itself.
   
-Appliance Shop leased 1,000 square feet at Irvington Plaza, 6200 E. Washington St. The landlord, Irvington Plaza Associates, was represented by Patrick Boyle of Midland Atlantic Properties. The tenant represented itself.

-Wound Healing Care Centers of Indiana leased an additional 935 square feet of medical space at 8355 Rockville Road. The tenant and landlord, Cloverleaf Property Group LLC, were represented by Allen Culpepper and Jason Alsup of RE/MAX Centerstone.

-Indy Mobile leased 850 square feet of retail space in 30th & Kessler Center, 3119 W. 30th St. The tenant and landlord, DEWERCS One LLC, were represented by  Cindy Hoskinson and Herb Feldmann of Lee & Associates.

Sales/acquisitions

-RENK LABECO Test Systems Corp. bought 3.37 acres at Heartland Crossing, Camby. The buyer was represented by Cam Kucic and Ryan Kelly of Summit Realty Group. The seller, Cedar Run Limited Inc., was represented by Brett Burch of Valenti Real Estate.   

-Tri Star Marketing Inc. bought 3.2 acres at 290 S County Road 200 East, Danville. The buyer and seller, Mike Eaton, were represented by Jason Alsup and Allen Culpepper of RE/MAX Centerstone.

Regulator approves Duke Energy probe settlement

Duke Energy formalized deals Monday that ended separate investigations by North Carolina regulators and the attorney general into whether the utility misled officials before a merger that made it the country's largest electric company.

Regulator approves Duke Energy probe settlement

Duke Energy formalized deals Monday that ended separate investigations by North Carolina regulators and the attorney general into whether the utility misled officials before a merger that made it the country's largest electric company.

About 1 in 10 firms plans to drop coverage

Even as the rising cost of medical benefits has moderated, 11 percent of Indiana employers with 10 or more workers say they will terminate their medical coverage within the next five years, according to the latest survey from the benefits consulting firm Mercer.

People

State Health Commissioner Dr. Greg Larkin will become chief medical officer of Indianapolis-based OurHealth, a provider of employer on-site clinic services, after he ends his service with the state in early January. Gov. Mitch Daniels, who is leaving office in January, appointed Larkin to the position in 2010, replacing Dr. Judy Monroe. Larkin previously spent much of his career as Eli Lilly and Co.’s director of corporate health service and served as global medical director. After retiring from Lilly in 2007, Larkin served as the first chief medical officer of the Indiana Health Information Exchange, which promotes health information technology for the advancement of patient and community care.

Terri S. Ruff has been appointed executive director of Franciscan St. Francis Heart Center, starting on Jan. 6. Ruff will succeed Michael Hertel, who had led the heart center since 2006. Since 2002, Ruff has overseen all radiological programs at Franciscan St. Francis Health. Ruff holds a bachelor’s degree in health arts, a master’s degree in health care administration and an MBA from the University of St. Francis.

Indiana University Health Orthopedics and Sports Medicine named Dr. Walter Virkus as its director of orthopedic trauma services. He will be based at IU Health’s Methodist Hospital. Virkus spent the last 12 years in Chicago at Rush University Medical Center. He also served as chairman of orthopedics at the Stroger Hospital of Cook County. Virkus holds a bachelor’s degree from Muhlenberg College in Allentown, Pa., and a medical degree from the New Jersey Medical School in Newark.

Dr. Todd McKinley, an orthopedic trauma surgeon, has joined IU Health Orthopedics and Sports Medicine. Before joining IU Health, McKinley served as a professor and orthopedic surgeon for trauma services at University of Iowa Hospitals and Clinics. He earned his bachelor’s degree in aerospace engineering and mechanics from the University of Minnesota Institute of Technology and received his medical degree from the University of Minnesota Medical School.

Dr. Anthony Sorkin, an orthopedic trauma surgeon, has joined IU Health Orthopedics and Sports Medicine. Before joining IU Health, Sorkin served as director of orthopedic traumatology for Rockford Orthopedics, an orthopedic multi-specialty physician group, and as a professor at both Rush University Medical Center and the University of Illinois College of Medicine. He earned his bachelor’s degree in biology from the University of Miami and received his medical degree from the University of Maryland School of Medicine.

Dr. Michael Zlowodzki, an orthopedic trauma surgeon, has joined IU Health Orthopedics and Sports Medicine. He earned his medical degree from the University of Hamburg in Germany and his doctorate from Humboldt University in Berlin.

St. Vincent Medical Group recruited three orthopedic surgeons to provide care at Monroe Hospital in Bloomington, St. Vincent Dunn Hospital in Bedford and St. Vincent Jennings Hospital in North Vernon. The practice of Dr. Michael Ferrell, Dr. John Hammerstein and Dr. Brian Murphy will change its name from PremierOrtho to St. Vincent Medical Group Orthopedics and Sports Medicine, and will be based in Bloomington. Ferrell is a former commander in the U.S. Navy Medical Corps. He did his medical training at Virginia Commonwealth University. Hammerstein and Murphy did their medical training at the Indiana University Medical School.

Body found in basement freezer

Kokomo police say investigators searching for a missing man found a body in a basement freezer and arrested the resident on a preliminary charge of murder. Walter Logan, 51, was taken into custody without incident. Police found the body while looking for 29-year-old Alex Shipp, who has been missing since Nov. 8. An autopsy is planned to identify the body.