Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: THURSDAY, April 15, 1993 TAG: 9304150148
SECTION: BUSINESS PAGE: B8 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Medium
IN BUSINESS
Apco neighbor fund gets record donationsCustomer contributions to Appalachian Power Co.'s Neighbor to Neighbor program last winter were the highest in its 11-year history, the company said.
Customers contributed more than $177,000 in Virginia and West Virginia and the company added $75,000, meaning a total of more than $252,000 to help those unable to pay winter fuel bills, the utility said.
Although the economy is beginning to improve, many customers with fixed and low incomes or disabilities have difficulty in paying their power bills, said Apco President Joseph Vipperman.
In its Virginia service area, Apco said it received 10,401 contributions totaling $108,703, and Apco's contribution of $37,500 brought the total ot $146,203. - Staff report
\ Georgia-Pacific Corp. reports earnings
Georgia-Pacific Corp., Atlanta-based forest-products company with operations in Bedford County and a distribution center in Roanoke, on Wednesday reported net income of $41 million, or 47 cents per share, for the first quarter, compared with a net loss of $58 million, or 67 cents per share, a year earlier. Sales for the first quarter were $2.9 billion this year, vs. $2.8 billion a year ago.
\ Briefly . . .
\ A federal court waiver of a local boundary restriction has cleared the way for removal of toll charges for C&P Telephone Co. customers between Bedford and Big Island. With the elimination, expected in August, customers in Big Island will pay an additional $2.38 a month and Bedford customers' bills will increase 18 cents a month. The Big Island rate is higher because the total cost of service is spread over fewer customers.
\ Moore's Quality Snack Foods of Bristol has invested $1 million in quality and productivity projects, including a sensor that seeks imperfect potato chips and blows them off the processing line.
The optical sensor looks for darkened and spotted chips, as well as other imperfections, site manager Steve Cregg said.
Another project added metal detectors on the potato packaging line. Cregg said the devices are meant to ensure that no metals make it into the final product. Moore's Quality Snack Foods is a part of the North American Snacks Group of New York-based Borden Inc.