ROANOKE TIMES
Copyright (c) 1995, Roanoke Times
DATE: Tuesday, December 26, 1995 TAG: 9512270019
SECTION: BUSINESS PAGE: A-10 EDITION: METRO
Citicorp considers moving out of N.Y.
NEW YORK - Citicorp, the nation's largest financial institution with a name and history etched into New York, is seriously considering moving its headquarters out of Manhattan.
Chairman John Reed is thinking about picking up the bank's roots - planted in New York 183 years ago - because he believes the financial center has too much of a corporate atmosphere and big-money mentality for a global consumer bank, said spokesman Jack Morris.
With its emphasis on any-time, anywhere services, Reed believes Citicorp would be better off near a technology center such as northern California's Silicon Valley or Boston, Morris said. The bank considered Reston, Va., but ruled it out because it might make people think Citicorp is a Washington bank.
Citicorp is one of New York's largest employers, with more than 20,000 workers at its headquarters and branches.
- Associated Press
Universal signs deal with N.C. firm
Universal Self Care Inc., a Roanoke-based provider of products and services to diabetics, said Friday it has signed a one-year agreement with BGF Industries of Greensboro, N.C.
BGF, a fiberglass fabric manufacturer, will include Universal's mail-order supply and drug program as part of its employee benefits package, beginning next month. BGF has plants in Altavista and South Hill and in Greensboro, N.C., and Cheraw, S.C.
- Staff report
New corporations
Here is a list of new Western Virginia corporations and the names of their registered agents filed Dec. 1-7 with the State Corporation Commission and reported by the agency last week. For more details, call (804) 371-9733.
Active Cemetery Consultants Inc., Robert S. Bower, Roanoke
Adamo Carpentry Inc., Stephen E. Wagner, Blacksburg
Applied Creativity Inc., Marcus H. Long Jr., Blacksburg
The Bath County Christmas Mother Inc., Linda Westenburger, Hot Springs
Brush Creek Land and Livestock Co., William D. Coyle, New Castle
Buz's Auto Sales Inc., James R. Swanson, Salem
CCW Inc., David M. Becker, Ivanhoe
Delmarva Coatings Inc., Wayland E. Hundley, Martinsville
DES Enterprises Inc., Donald E. Stinnette, Marion
Fairfield Supercenter Inc., W. Wayne Heslep, Lexington
Fox Ridge Enterprises Inc., Samuel D. Campbell, Pulaski
Harmony Blessings Inc., Detine L. Bowers, Blacksburg
Network Design Systems Inc., William S. Carlson, Blacksburg
Not Just Us Inc., Daniel R. Levesque, Christiansburg
Preferred Construction Inc., Francis V. Lane Jr., Moneta
Rainfrost Nursery Inc., Stephen L. Wilkerson, Forest
RW Electrical Contractor Corp., Richard W. Palmer, Roanoke
Philip T. Shiner M.D. P.C., Philip T. Shiner, Roanoke
Thomas E. Unterbrink O.D. P.C., John L. Gregory III, Martinsville
Wasteless Inc., E. Edward Rhea, Covington
Webster Marine Rentals Inc., Alexander I. Saunders, Roanoke
Target Security Networks Inc., Wayland Hundley, Martinsville
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