Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: TUESDAY, October 31, 1995 TAG: 9510310092
SECTION: BUSINESS PAGE: B-8 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Medium
The Roanoke Valley's third Macado's restaurant will open Wednesday in the Grand Pavilion Mall off Virginia 419 in Roanoke County. Macado's will occupy the upper-level space that has housed two landmark Roanoke restaurants: Charley's and Victor's.
The restaurant had been scheduled to open in July or August. Owner Richard Macher said work was delayed because his construction crew was finishing a Macado's in Greensboro, N.C.
The new restaurant, which will seat 200, will offer the same menu of sandwiches, salads and desserts as Macado's in downtown Roanoke and Salem. It will be the 10th restaurant in the Roanoke-based chain, which operates in Virginia, West Virginia and North Carolina.
- Staff report
GM confirms its deal in China
WARREN, Mich. - General Motors Corp. confirmed Monday it has won one of the most sought-after projects in China, participation in a Shanghai joint venture that ultimately could build 100,000 cars a year and cost more than $1 billion.
GM, which was reported to have won the contract over Ford Motor Co. last week, said it and Shanghai Automotive Industry Corp. signed the basic agreement for the project Monday. The partners are expected to share equally in the investment.
The venture will produce a 1997 midsize Buick sedan, designed to meet Chinese specifications for a luxury car to be sold mostly to fleet buyers.
- Bloomburg Business News
Soccer Stop moves up Franklin Road
Soccer Stop Inc., which specializes in soccer specialty clothing, shoes and accessories, opened Monday in a new location at 2219 Franklin Road in Roanoke. The shop had been renting space at 2740 Franklin Road.
Elizabeth McMichael, manager of Soccer Stop, said owner Danny Beamer bought the building from Holdren's for $120,000. It had been occupied by Kelway Rentals.
The building is in front of the Holdren's showroom and warehouse, which also is for sale. Chris Nelson and Ed Hall of Hall Associates Inc. were agents for the seller.
- Staff report
Briefly ...
VTLS Inc., a Blacksburg software company, has signed an agency agreement with Jagiellonian University of Cracow, Poland. The office will consist initially of two staff members who will provide library automation services, training, sales demonstrations and technical support to the 21 VTLS customers in Poland.
Garland Oil Co. of Salem has been named an East Coast distributor for 76 Products Co.'s line of motor oils and greases, 76 Products said Monday. Garland, which employs 23 people and has offices in Johnson City, Tenn., and Waynesboro, will handle 76's fleet, industrial and commercial accounts in parts of Virginia, North Carolina and Tennessee.
by CNB