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Business

  • Keeping us cool heats up AEP's profits

    Mike likes it hot.
    "Like most other reporting utilities this quarter, our best friend has been the weather," said Mike Morris, chairman, president and chief executive officer of American Electric Power.

    Morris spoke July 30 while discussing the utility's second quarter financial results. The three-month period ended June 30. AEP's subsidiaries include Appalachian Power Co., which serves Galax, Carroll and Grayson.

  • New owner takes over The Diner

    Apart from some few improvements here and there, the staff and the breakfast and lunch menu at The Diner — formerly West Galax Diner — will be left much the same, said Guy Sapone, who took ownership of the restaurant and reopened last Thursday.

  • Virginia's unemployment rate holds steady in July

    Virginia's unemployment rate held steady in July at the 7.1 percent rate from June, partly because of a drop in the number of jobless people seeking work, according to the Virginia Employment Commission.
    The latest rate was up from 6.9 percent a year earlier. The rates weren't adjusted for seasonal factors.
    The number employed in the state last month fell by 41,500, or slightly more than 1 percent, from June because of seasonal cutbacks, including schools closing for the summer, the VEC noted.

  • Galax woman wins car from Virginia Lottery

    Debbie Harris of Galax rolled through town last Thursday afternoon in her brand new Dodge Challenger, estimated at $40,000, that she won through a Virginia Lottery ticket called Muscle Car Money Scratcher.

  • Crossroads celebrates first 5 years

    “We had nothing but an idea,” said Crossroads Institute Executive Director Dr. Oliver McBride, whose organization celebrated its fifth anniversary on Monday at the renovated Lowe’s facility in Galax. “But the response to that idea was just overwhelming.”

  • Education, with style

    CANA — Laid off from teaching cosmetology at Mitchell Community College, Peggy Haynes set out to style her own business.
    "I decided I need to create my own job," she explained to The Gazette. IStyle Hair Salon on U.S. 52 in Cana was the result.

  • Houston leaves pregnancy center

    Courtenay Houston (second from left) has resigned as executive director of the Tri-Area Pregnancy Resource Center to take a job with Carroll County schools and to study to become a teacher.

    Board members of the Tri-Area Pregnancy Resource Center recently wished her farewell and presented her with a gift certificate.

    The pregnancy center, a non-profit organization, was restarted in 2005 with a budget of $500. Since then, it has served 5,000 clients and  more than 400 babies.

    The center is supported by area churches and community donations.

  • Testerman graduates from banker school

    Hank M. Testerman, assistant vice president and managing officer of the East Galax office of Carter Bank & Trust, graduated Aug. 6 from the Virginia Bankers School of Bank Management at the University of Virginia in Charlottesville.
    Testerman ranked in the top 10 percent of the 2010 class.
    Testerman is a native of Mouth of Wilson and a graduate of Grayson County High School.
    He earned a Bachelor of Business Administration degree in Organizational Management from Radford University.

  • Crossroads Success Stories — Part Two

    THE ENTREPRENEURS: SECOND IN A SERIES

    Crossroads teaches McCraw business realities
    From incubator to his own insurance agency in just two years

  • The Body Shop specializes in custom autos

    The Body Shop, located at 1875 Meadow St. in Galax, opened in May to offer high-quality body work — everything from painting to building custom mold and body kits to fiberglass and metal work.
    Chris Davis, owner of the shop, specializes in rare cars, he said, as he showed the 1988 McClaren Mustang he's working on — one of only 200 of those cars made.