Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: THURSDAY, February 11, 1993 TAG: 9302110266
SECTION: BUSINESS PAGE: C6 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Medium
COMPANY EXPANSION PROMISES 150 JOBS
The Roanoke Valley Economic Development Partnership will announce today a corporate expansion that will add 150 jobs for the region's work force. Officials at the partnership and other valley economic developers declined Wednesday to give details of the proposed expansion but said it would be in a non-manufacturing company.A news conference to provide details is scheduled for 10:30 a.m. at the Salem Civic Center. - Staff report
\ Brunswick to sell Marion plant, 4 more
MARION - Defense cuts have forced Brunswick Corp. to sell its five technical group plants, including the one at Marion.
That operation, once the largest employer in Smyth County, now has 670 employees, slightly more than half the number it had two years ago.
Brunswick announced Tuesday its plan to divest itself of its technical group. Bob Potter, human resources director at the Marion plant, said Wednesday it is too soon to know the plant's fate.
"There is no known buyer at this time," he said. "It could be tomorrow; it could be a year or two years from now."
But he said the facility, which makes aircraft raydomes and other military products, has contracts that will keep its work force busy for a year or more.
Plant officials are looking into commercial applications for the items it makes and seeking new customers. Potter was confident that a buyer would be found and the plant would stay. - Southwest bureau
\ Ferguson, Andrews opens new office
Ferguson, Andrews & Associates, a Roanoke financial services firm, has opened an office in the Fairview Park Office Complex in Falls Church. Its first out-of-town office was opened in Richmond in November. The company, employing about 40, plans to be accessible to clients throughout the state, said T. Michael Smith, president. The business offers brokerage, money management, corporate finance and merchant banking services. - Staff report