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Vermont manufacturing jobs declined 1.3 percent in 2014

Tue, 03/31/2015 - 10:48am -- tim

Vermont Business Magazine Vermont manufacturing employment declined slightly in 2014, according to Illinois-based Manufacturers’ News, Inc. According to data collected by MNI, Vermont lost 605 industrial jobs, or 1.3 percent, from December 2013 to December 2014, in contrast to the 1.7 percent national average gain reported by the Labor Department for the same time period. Manufacturers’ News reports Vermont is now home to 1,363 manufacturers employing 43,777 workers.

BioTek nominated for Department of Defense’s top employer award

Tue, 03/31/2015 - 9:27am -- tim

BioTek Instruments been nominated for the 2015 Secretary of Defense Employer Support Freedom Award (commonly referred to as the "Freedom Award") by the Employer Support of the Guard and Reserve (ESGR), a Department of Defense (DoD) office. The Freedom Award is the highest recognition given by the DoD to employers for their support of National Guard and Reserve members.

On behalf of the Secretary of Defense, ESGR runs the annual award program, which has presented the honor to 205 employers since 1996.

Brattleboro Retreat receives Worksite Wellness Award

Tue, 03/31/2015 - 4:06am -- tim

The Brattleboro Retreat received a Governor’s Excellence in Worksite Wellness award at the 2015 Worksite Wellness conference held on Wednesday, March 25, at the Sheraton Hotel & Conference Center in Burlington. The award, which is presented by the Governor’s Council on Physical Fitness and Sports, was given in recognition of the Retreat’s efforts to promote employee health and wellness.

Shumlin has strategy to end family homelessness by 2020, $580K for affordable apartments in Burlington

Mon, 03/30/2015 - 4:37pm -- tim

With over 1,500 Vermonters without housing on any given night and families with children now making up half of all people in emergency shelters, Governor Peter Shumlin and Human Services Secretary Hal Cohen today announced a statewide strategy for ending child and family homelessness in Vermont by 2020. The governor and secretary made the announcement while celebrating a grant of more than a half-million dollars to rehabilitate and increase the number affordable housing units in Chittenden County, helping to relieve a shortage that affects all of those who face homelessness.

Vermont working lands businesses to receive 'Trade Show Assistance' grants

Mon, 03/30/2015 - 3:45pm -- tim

Twenty-four Vermont Agriculture and Forest Products businesses will receive financial assistance to attend trade shows as part of Vermont’s new Trade Show Assistance grant program. A total of $25,000 in matching funds was awarded. The Vermont Agencies of Agriculture, Food, and Markets (VAAFM) and Commerce and Community Development (ACCD) announced the winners today.

Rolls-Royce acquires Brattleboro's ROV Technologies Inc

Mon, 03/30/2015 - 3:18pm -- tim

Rolls-Royce, based in London, England, has today announced the acquisition of ROV Technologies, Inc, a Brattleboro-Vermont-based business primarily providing nuclear utility operators with remote visual inspection services for Boiling Water Reactors (BWR) and Pressurised Water Reactors (PWR). The plant and its 45 employees are expected to remain in place. Terms of the deal were not released.

UVM a top school for four-year graduation rate, health careers

Mon, 03/30/2015 - 10:02am -- tim

The University of Vermont fared well in two recently released college rankings. CNN Money ranked it 22nd among public colleges for its four-year graduation rate and USA Today rated it one of the ten best schools for students interested in the health professions. Graduating within four years, CNN Money says, is key to keeping the cost of college down. While only one-third of public college students earn their degrees in four years, 65 percent of UVM students graduate in that timeframe.

Reily Foods partners with Keurig Green Mountain in manufacturing deal

Mon, 03/30/2015 - 9:44am -- tim

Keurig Green Mountain, Inc (NASDAQ: GMCR) and Reily Foods Company, New Orleans, LA, announced an exclusive multi-year manufacturing and distribution agreement for New England brand coffee, New Orleans Famous French Market Since 1890 brand coffee, and Luzianne brand iced tea pods for Keurig hot brewing systems in the United States and Canada. Financial terms of the agreement were not disclosed.

Children’s Miracle Network Receives $27,058 from NEFCU

Mon, 03/30/2015 - 9:22am -- tim

On March 9, 2015, New England Federal Credit Union’s (NEFCU) Senior Marketing Executive, Cindy Morgan, presented a symbolic “big check” for $27,058 to Children’s Miracle Network (CMN) representatives at the University of Vermont Children’s Hospital. NEFCU members and staff contributed to the record-breaking donation as part of the annual Big Change Roundup. 

Vermont state trooper involved in hit-and-run

Mon, 03/30/2015 - 6:49am -- tim

On March 30, 2015 at 0605 hours Trooper Ben Barton was operating a 2010 Ford Crown Victoria State Police cruiser on the US Route 7 northbound on ramp in Sunderland.  While traveling up the ramp, a vehicle traveling southbound on Route 7 lost control and crossed the center line. It was snowing and the road was slippery, according to the VSP report. The vehicle crossed the northbound lane and a grass area before continuing down the off ramp in Trooper Barton's path of travel.

Analysis: With deals on the rise, it may be time to revisit your strategy for M&A

Sun, 03/29/2015 - 3:52am -- tim

by Joe Carelli, President, Citizens Bank New Hampshire and Vermont You've spent most of your life building your business. There have been highs and lows over the years. Now, you’ve made it through the recent recession and your business is humming again. With nearly 8,000 US baby boomers turning 65 every day, it may be your time to step back and retire. Or maybe it’s time to consider making an acquisition, but you worry about the impact a deal will have on employees and customers whom you care deeply about.

It’s important to remember that you’re not alone.