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

DATE: THURSDAY, December 29, 1994                   TAG: 9412290114
SECTION: BUSINESS                    PAGE: B-8   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Medium

IN BUSINESS

A Roanoke Valley man has obtained the franchise for the new downtown Subway restaurant, which is scheduled to open about April 1 at Jefferson Street and Salem Avenue.

The franchisee is Allen Goldsmith, who is a partner in other Subway franchises in the Roanoke Valley.

Jerry Showalter, spokesman for Subway Development Corp., said it took the lease on the property and then sublet the contract to Goldsmith. Goldsmith will operate the restaurant.

- Staff report

H&C to market German coffee

H&C Coffee Co. Inc. of Roanoke has signed an importing agreement with the German producers of EuroMild Coffee for North American distribution.

H&C is using Roanoke as its test market for the purified coffee, which uses naturally carbonated water, steam, high temperature and pressure to remove chemicals from coffee beans before roasting. Medical researchers have found the coffee to be more easily digested by people with gastrointestinal problems, the company said.

H&C plans national distribution by mid-1995.

- Staff report

Briefly ...

Applied Radiant Energy Corp. Inc. in Forest has signed a sales operating agreement with DLW Aktiengesellschaft of Germany to market its acrylic and wood flooring products in commercial markets in Europe.

B & B Printing-Advertising Inc. in Bedford has added a new press for color printing, digital work stations and other equipment in its pre-press department.

F&M National Corp., a bank holding company based in Winchester, began trading Wednesday on the New York Stock Exchange. The company oversees eight banks in Virginia and three in West Virginia for a total of 73 banking offices.