Industries

For the record - Hampton Roads

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Carter Lumber, a supplier of building material based in Kent, Ohio, announced plans to buy Kempsville Building Materials in Chesapeake. Stock Building Supply bought Kempsville in 2006 but recently decided to close its operations. The intervention by Carter, which operates 195 locations in 10 states, saved the jobs of 92 workers. (News release)

Shore Health Services Inc., a Nassawadox-based health-care provider, will join the Riverside Health System based in Newport News. Riverside pledged to invest millions in replacing the aging Shore Memorial Hospital in the next five to seven years. Shore Health will continue to be run by a local board. (Daily Press)

The Greater Williamsburg Chamber & Tourism Alliance lost more than 30 members in a dispute over the group’s focus. The hotel and restaurant owners who severed ties with the group said that it was not doing enough to promote tourism in the Historic Triangle. (Daily Press)

Hampton Roads Bankshares will expand its common shares from 40 million to 70 million. In June the bank filed a shelf registration with the SEC that it might raise as much as $200 million from sale of stock and warrants. (The Virginian-Pilot)

Liebherr Mining Equipment Co. of Newport News laid off 44 full-time and five contract workers. The move came as a result of a decline in orders for mining trucks produced by the company. (Daily Press)


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