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McClaughry: Struggling to feed and discipline the 'System'

Tue, 03/13/2018 - 4:00am -- tim

by John McClaughry Over the past six weeks the House Ways and Means Committee has diligently worked to produce a coherent bill to shift Education Fund spending from some people and districts to other people and districts, and erect a disincentive to excessive school district spending. This is a very intricate and difficult task that, frankly, probably 90% of the legislators don’t readily understand.

PAI: Vermont employment is at five-year peak

Mon, 03/12/2018 - 4:46pm -- tim

Public Assets Institute The unemployment rate often tops the headlines, but it’s the number of people working that counts. In January in Vermont that number reached its highest point in five years. Employment exceeded 335,200 for the first time since March 2013. While still below the 2006 pre-recession peak, employment has been trending upward over the last year.

VHCB’s Vermont Farm & Forest Viability Program awards over $360,000 to 12 farms

Mon, 03/12/2018 - 4:13pm -- tim

Vermont Business Magazine The Vermont Farm & Forest Viability Program, a program of the Vermont Housing & Conservation Board, awarded a total of $368,794 to 12 Vermont farms through its Water Quality and Dairy Improvement Grant programs. Five farms from Rutland, Franklin, and Addison counties were awarded $146,829 in Water Quality Grants. These grants leveraged $1.6 million in additional funding for capital improvement projects to reduce runoff and improve manure management and soil health.

Community Bank branches collect more than 6,500 food items for local pantries

Mon, 03/12/2018 - 3:43pm -- tim

Vermont Business Magazine Community Bank NA branches across New York, Pennsylvania, Vermont and Massachusetts recently joined together to host a canned food drive throughout February. The more than 100 participating branches collected 6,668 items and $500 in donations for local food pantries, shelves and banks, surpassing the original goal of 2,018 items. Sixteen New England branches participated, collecting 460 items toward the grand total. Items were donated to numerous agencies including Aunt Dot’s Place, Deerfield Valley Food Pantry and Rachel’s Table.

Bradford Smith named executive director VLSI

Mon, 03/12/2018 - 1:02pm -- tim

Vermont Business Magazine The Vermont Learning-Support Initiative (VLSI) Board of Directors announced today that Bradford Smith has been named VLSI’s first Executive Director. “Brad brings exceptional skills and a deep commitment to fulfill VLSI’s mission of helping students who learn differently get to and through college,” said Dorothy Schnure, Chair of the VLSI Board.

Vermont captive insurance upgrades signed into law

Mon, 03/12/2018 - 12:21pm -- tim

Vermont Business Magazine Governor Phil Scott has signed into law new captive insurance legislation further strengthening Vermont's captive law in a variety of areas. Passed by Vermont's general assembly in the first part of the 2018 legislative session, the law includes regulatory enhancements for branch captives, as well as standardizing the state's annual filing date for annual reports and premium taxes.

Vermont unemployment rate for January unchanged at 2.9 percent

Mon, 03/12/2018 - 10:09am -- tim

by Timothy McQuiston Vermont Business Magazine The Vermont Department of Labor announced today that the seasonally-adjusted statewide unemployment rate for January was 2.9 percent. This reflects no change from the revised December rate. The broad metrics all showed mild improvement. The seasonally-adjusted Vermont data for January show the Vermont civilian labor force increased by 276 from the prior month’s revised estimate. The number of employed persons increased by 443 and the number of unemployed persons decreased by 167. The changes were not statistically significant in the seasonally-adjusted series. However, the unadjusted unemployment rate increased month-to-month and year-to-year.

6th annual STEP ahead awards recognize 3 women for excellence In manufacturing

Mon, 03/12/2018 - 5:45am -- tim

Vermont Business Magazine The Manufacturing Institute announced this week they will award GLOBALFOUNDRIES' (GF) employees Kendra Kreider Goudreau, Kate Wagner and Teresa Bazan with the Women in Manufacturing STEP (Science, Technology, Engineering and Production) Ahead Award. The STEP Ahead Awards honor women who have demonstrated excellence and leadership in their careers and represent all levels of the manufacturing industry, from the factory-floor to the C suite. 

Public meeting March 15 concerning emerald ash borer detection in Orange County

Sun, 03/11/2018 - 8:38pm -- tim

Vermont Business Magazine There will be a public meeting in Barre on Thursday, March 15th, 2018 to discuss the discovery of emerald ash borer in Orange County. The meeting is being hosted by the Vermont Department of Forests, Parks and Recreation, and the Vermont Agency of Agriculture, Food and Markets, in cooperation with the US Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service and the US Forest Service.