ROANOKE TIMES  
                      Copyright (c) 1996, Roanoke Times

DATE: Saturday, March 16, 1996               TAG: 9603180091
SECTION: BUSINESS                 PAGE: A6   EDITION: METRO  
MEMO: ***CORRECTION***
      Published correction ran on March 20, 1996.
         A story that appeared Saturday misidentified Joe Smith, director of 
      operations for the Denny's restaurant that will open in Salem this 
      summer, and HCMF Corp. of Roanoke, which handled the real estate 
      transaction for Veldt Corp. of Sarasota, Fla.


IN BUSINESS

Denny's to open Salem restaurant

A Florida-based partnership is opening a Denny's family restaurant in Salem and plans to build four or five more locations in Southwest Virginia by the end of next year.

Joe Smith, one of the partners in the Denny's franchise, said Friday from Sarasota, Fla., that the restaurant, at Wildwood Road and West Main Street, should be open by July 1. HCMF Corp., a Roanoke real estate developer, also is involved in the franchise, which eventually will include Denny's restaurants in Roanoke, Blacksburg and other areas.

A Denny's restaurant typically employs 40 to 60 people and costs about about $1 million to build, Smith said. The Salem location will seat about 160 and will be open 24 hours daily. - Staff report Adult-care center changes owner

Winchester Manor L.C., an affiliate of HCMF Corp. of Roanoke, has purchased Van Gilder's Care Center, a home for adults in Winchester.

Van Gilder's will change its name to Winchester Manor and will be managed by Winchester Manor Inc. It is licensed to care for 48 people with a 30-bed addition planned. HCMF Corp. is a privately owned Virginia-based health care provider operating 17 nursing facilities. - Staff report Bacova plant delays production

Bacova Guild Ltd. this week began shipping goods from its new $7 million facility at Low Moor but has delayed the start of production at the factory.

No reason was given for the delay, which CEO Pat Haynes said has pushed back production until about April 15. After a snow-related delay, Haynes had said production would start March 1.

Bacova, a designer and maker of home furnishings, intends to make the new plant its manufacturing center. It is the first building in the Alleghany Regional Commerce Center, an industrial park owned by the Alleghany Highlands Economic Development Authority. The company has said it will transfer 250 employees there and hire 75 to 100 additional workers by about July 1.

Bacova is a unit of Burlington Industries of Greensboro, N.C. Its Millboro facility has closed, but its Bacova production site is still in operation. - Staff report Animal crackers recalled by baker

McCOMB, Ohio - Consolidated Baking Co. is recalling its animal crackers from stores across the country because an ingredient that can cause life-threatening allergic reactions was not listed on labels. The company did not list on labels that egg whites were used in the crackers.

The 79,000 cases of crackers were distributed beginning in August. The recall involves 11-ounce boxes of Royal Crest, Funimals and Jungle Jammers brand animal crackers, and 15-pound boxes of the Danish Delight brand. One-ounce bags of Animal Grahams also were recalled. To seek a refund, consumers should call (800) 537-9544. - Associated Press Bankruptcy ...

One bankruptcy with a business affiliation has been filed in the U.S. Bankruptcy Court for Western Virginia at Roanoke. It is a personal bankruptcy that the court listed as a business because it has commercial connection and could be of interest to business creditors and customers.

Scott A. Eanes of Christiansburg filed for liquidation, listing assets of $15,540 and liabilities of $22,718. Eanes said he was self-employed but did not specify an occupation.


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