For the record - Central Virginia

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Chasen’s Business Interiors Inc., a Henrico County-based retailer of office furniture, announced to employees plans to cease operations because of financial setbacks. The company, which had been in business for 30 years, had about 130 workers. (Richmond Times-Dispatch)

The Christian’s Children’s Fund, a Richmond-based child development organization, changed its name to ChildFund International. The move was made to ease its work with partners in a more diverse global environment. ChildFund helps 15.2 million children and family members in 31 countries. (PRNewswire)

Covington International Travel, headquartered in Glen Allen, ranked in the top 43 travel management agencies in the country by Business Travel News. (News release)

Ewing Bemiss & Co., a middle-market investment banking firm based in Richmond, opened an office in New York. The firm has established a presence in renewable energy sectors such as hydro, geothermal, biomass- and waste-to-energy. (News release)

First Market Bank and Union Bank and Trust amended their merger agreement and will operate as a combined operation under the same name, rather than as separate units. The name of the new holding company, which will be based in Richmond, will be announced later this year. (Richmond Times-Dispatch)

Liberty University bought a 26-acre tract it previously owned on Candlers Mountain from Bostic Development for $20.5 million. The college sold the property in 2003 for approximately $579,000 and financed the building of residence halls and other facilities on the site through a lease arrangement. The 40-year-lease had a purchase option after five years, which the university exercised. (The News & Advance)

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