Today, Rick Ross (Head Executive over at Disney) revealed that MONSTERS INC 2 is currently in production due to be released in 2012.
In other Disney news:
PIXAR's "The Bear and the Bow" has been renamed "BRAVE", while Newt has been shelved, along with Roger Rabbit 2, Disney's The Snow Queen, and likely a few others that you'll never hear of.
Shame, with the exception of RR2, I was looking forward to those films.