Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: WEDNESDAY, July 28, 1993 TAG: 9307280555
SECTION: BUSINESS PAGE: B6 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Medium
Virginia officials have filed a package of proposals with the U.S. Advanced Research Projects Agency that will allocate $470 million nationwide to help with defense conversion efforts.
The package consists of 13 public-sector proposals and 15 from private companies.
Susan Joseph of the state Department of Economic Development would not specify which companies had submitted proposals. But she said money was sought to help convert night-vision products technology used at ITT's Electro-Optical Products Division in Roanoke County. ITT officials couldn't be reached for comment.
Joseph said the public proposals seek funding for such initiatives as the Southwest Virginia Advanced Manufacturing Technology Center and the Virginia Manufacturing Extension Service. - Staff report
\ Valley View Mall changes managers
Joe Marx, general manager of Roanoke's Valley View Mall since it opened in 1985, said Tuesday he has resigned to pursue another career. He left Faison Associates, the Charlotte, N.C., commercial real estate company that owns the mall.
Marx said his plans are not yet firm but he is "moving on to bigger and better things."
Michael Thornton started last week as the mall's manager. He moved from Orlando, Fla., where he managed shopping centers and office buildings. He said he has about 15 years' experience in property management. This is his first job with Faison. - Staff report
\ Briefly . . .
\ Norfolk Southern Corp. on Tuesday declared a common stock dividend of 48 cents per share, up 3 cents and 7 percent from its previous 45 cents. The new dividend will be paid Sept. 10 to stockholders on Aug. 6. The Norfolk-based transportation company is to report second-quarter revenues and earnings today.
\ Continental Airlines and Air France agreed Tuesday to blend schedules and share passenger check-ins, a move that gives each carrier access to airports across the Atlantic. The carriers also will share frequent-flyer programs, exchange executives and share ground maintenance crews.
by CNB