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

DATE: THURSDAY, July 28, 1994                   TAG: 9408180040
SECTION: BUSINESS                    PAGE: B10   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Medium

IN BUSINESS

Donald E. Smith, chief executive officer of Roanoke Electric Steel Corp., Wednesday was named a director of American Electric Power Co., the Columbus, Ohio, parent of Roanoke-based Appalachian Power Co.

American Electric Power operates electric utilities that serve 7 million customers in Ohio, Indiana, Michigan, Kentucky, Tennessee, Virginia and West Virginia. The company pays outside directors $20,000 a year for their service, plus $1,000 a day for each meeting they attend. It pays retired directors $20,000 a year after five years of service.

- Staff report

Utility: We'll fight for director rights

Dominion Resources Inc. of Richmond on Wednesday said it will act to prevent its shareholders from being deprived of their right to select directors of Virginia Power, the company's chief subsidiary.

Dominion made the statement in reply to a filing by Virginia Power. The utility asked the Virginia State Corporation Commission to enjoin Dominion from removing three directors from the Virginia Power board. The statements are part of a long-running power struggle between the two operations.

- Staff report

Expanded Connex operation running

Connex Pipe Systems Inc. said Wednesday it began manufacturing operations this month on schedule at its expanded stainless steel fabrication facility in Troutville.

The company has 160 employees at work, according to Bruce Davis, vice president of sales and marketing.

The plant fabricates stainless steel, making pipe systems primarily for power plants and the pulp and paper industries. The company in 1993 moved its operations and headquarters to Roanoke from Marietta, Ohio.

The new facility has commitments through 1997.

- Staff report