GTE VIRGINIA, UNION AGREE ON CONTRACT

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: SATURDAY, April 3, 1993                   TAG: 9304030085
SECTION: BUSINESS                    PAGE: A-8   EDITION: METRO 
SOURCE: 
DATELINE: MECHANICSVILLE                                LENGTH: Medium
GTE VIRGINIA, UNION AGREE ON CONTRACT
GTE Virginia Inc. and the Communications Workers of America have reached a three-year agreement for 570 employees who had been working under an expired contract for two months. The union, whose leaders support the contract, will vote on it next week.
GTE, the state's second-largest phone company, employs 1,300 in Virginia.
A CWA negotiator said the new contract includes an average 11.42 percent salary increase over three years.
- Associated Press

Briefly . . .
\ Chesapeake & Potomac Telephone Co. of Virginia plans to hire 178 people for customer service jobs in the state. A spokesman said Thursday C&P is adding service representatives at business offices in Richmond, Hampton, Virginia Beach, Chesapeake, Lynchburg, Roanoke and Northern Virginia.
\ Hauizu Zhou, doing business as Happy Palace Restaurant in Abingdon, has filed for reorganization in U.S. Bankruptcy Court in Roanoke. Zhou estimated the restaurant's debt at less than $50,000 and its assets at less than $100,000.
Earnings . . .
\ Bassett Furniture Industries Inc. on Friday reported income up 45 percent in its first quarter, ended in February, to $7.1 million from $4.9 million a year earlier. Net sales were $120.3 million, up 13 percent from $106.4 million a year ago.
\ Flowers Industries Inc., a Thomasville, Ga., baker with retail and distribution facilities in Roanoke, on Friday reported third-quarter sales of $211.3 million, up 5 percent from $201.8 million a year earlier. Net income was $7.7 million, or 21 cents per share, up 13 percent from $6.8 million, or 20 cents per share.

by Bhavesh Jinadra by CNB