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VBM recognizes Vermont’s Rising Stars Class of 2016

Mon, 09/26/2016 - 4:22pm -- tim

Vermont Business Magazine today announced the winners of its Rising Stars recognition award. The list is comprised of 40 winners under the age of 40. Award recipients were selected by a panel of judges for their commitment to business growth, professional excellence and involvement in their communities. Vermont Business Magazine will honor Vermont's most accomplished young leaders at the Rising Stars dinner on November 10th. The dinner will be held at the DoubleTree Hotel in South Burlington. The honorees will also be featured in the November issue of Vermont Business Magazine.

Public Service Dept issues draft energy planning standards

Mon, 09/26/2016 - 4:22pm -- tim

Vermont Business Magazine The Department of Public Service today released a public review draft of the energy planning determination standards and recommendations called for in Act 174, the Energy Development Improvement Act. The Department is due to issue final standards and recommendations by November 1. The public is encouraged to review and comment on the draft standards and recommendations through October 20. In addition, the Department will host a public hearing to present the draft standards and gather feedback in Randolph on October 11. Along with the expected expansion of solar and biogas for energy, the plan encourages expansion of in-state wind energy and conversion of fossil fuel heating systems to wood.

Minter's InnovateVT plan helps keep young people in Vermont

Mon, 09/26/2016 - 3:27pm -- tim

Vermont Business Magazine Surrounded by employees at the Twincraft Skincare’s liquids manufacturing facility today in Essex Junction, Sue Minter unveiled more details on her InnovateVT economic plan. InnovateVT focuses on growing four key sectors of the Vermont economy: clean energy and efficiency, farm and forest production, the tech industry, and next generation manufacturing. Minter’s announcement today focused on growing next generation manufacturing.

Revitalizing Waterbury / Waterbury Tourism Council announces new board members

Mon, 09/26/2016 - 2:47pm -- Denise Sortor

Vermont Business Magazine The merger committee of Revitalizing Waterbury / Waterbury Tourism Council today announced the appointment of the board of directors for the merged organization Mark Drutman, Melissa (Missy) Gorham, Rob Hofmann, Jeffrey Larkin, Cindy Lyons, Jamie Neuman, and Theresa Wood will be the 7-member board that kicks off this new organization.  The board includes community leaders who live, work, and/or own businesses – in some cases all three – in the Waterbury area.

Carol Lighthall to lead Community Capital of Vermont

Mon, 09/26/2016 - 1:09pm -- tim

Vermont Business Magazine Community Capital of Vermont (CCVT), a statewide, nonprofit community-based lending organization that provides loans to underserved businesspeople and new entrepreneurs, has named Carol Lighthall as its incoming executive director. Karen Winchell, President of the CCVT Board of Directors, said that Lighthall was selected for her focus on entrepreneurs and their needs, ability to interpret and share information, leadership skills, and her personable, inclusive, and articulate nature.

REDC kickstarts Greater Rutland Makerspace with $50,000 grant

Mon, 09/26/2016 - 1:03pm -- Denise Sortor

Vermont Business Magazine Rutland County is about to make a new Makerspace! The Rutland Economic Development Corp. board has approved a broad plan to support the launch of a nonprofit Makerspace for the Rutland region, including $50,000 of startup capital provided by a special job creation fund donated to REDC by Green Mountain Power. The Greater Rutland Makerspace will be housed in a business incubator owned by REDC on Quality Lane, with GMP providing a generous donation of used office furniture, and REDC providing rent-free space and utilities.

ImageTek Labels expands digital printing capabilities with Jetrion 4900M-330

Mon, 09/26/2016 - 12:49pm -- Denise Sortor

Vermont Business Magazine ImageTek Labels is pleased to announce the addition of the Jetrion 4900M-330 to their production facility in Springfield, Vermont. The Jetrion 4900M-330 uses cutting edge technology which further advances ImageTek Label’s printing and converting capabilities. The new machine prints labels at a 720 x 720 dpi with 2 pt text font capabilities. Web width increases to 13” which positions ImageTek as a new player in wide format digital printing and serves the commercial and retail graphics markets at three-times faster run speeds.

‘Floydian Slip’ coming to WKPW 90.7 FM (Knightstown, IN)

Mon, 09/26/2016 - 9:54am -- Denise Sortor

Vermont Business Magazine Floydian Slip," a weekly Pink Floyd show produced by Craig Bailey of Shelburne, Vt, will begin airing on WKPW 90.7 FM in Knightstown, Ind, starting Sunday, Oct 2. The station will carry the show Sundays at 8pm ET. "Classic Hits 90.7" is a 4,400-watt non-commercial station serving the area east of Indianapolis. The station is operated by students of the New Castle Career Center at Knightstown High School. "Floydian Slip" is currently heard on 75 stations in the US, Canada and overseas.

Smith: Rules don’t apply

Mon, 09/26/2016 - 5:50am -- tim

by Mike Smith “It is wrong and immoral to seek to escape the consequences of one’s acts,” said Mahatma Gandhi, yet that is precisely what Wells Fargo’s chairman and chief executive officer John Stumpf attempted to do when he testified before Congress last week. Wells Fargo employees enrolled as many as two million unsuspecting customers into bank products without their permission. In some cases customers were charged fees. All of this was done, of course, to meet the quota the bank had established for cross-selling different financial products.

Phil Scott to sell his share of business if elected governor

Sun, 09/25/2016 - 7:55pm -- tim

Vermont Business Magazine At the 70th anniversary celebration of his family business, DuBois Construction in Middlesex, Phil Scott announced his plan for a full and complete separation from the 70-year-old, central Vermont construction company he has co-owned and run for more than 30 years, if he is elected governor.

"Obviously, this was not an easy decision to make, nor do I take it lightly," Scott told his employees and supporters just after noon on Saturday. "Should the people of our state hire me for this important job, I will sell my portion of the company."

Vermont Air Guard awards $39.8 million airport contract to NY firm

Sun, 09/25/2016 - 7:54pm -- tim

Vermont Business Magazine The 158th Fighter Wing, Vermont Air National Guard (VTANG), announced late Saturday night that it has accepted a $39.8 million contract bid from Kubricky Construction Corp of Wilton, NY, on a major construction project for apron replacement and taxiway upgrade at the Air National Guard Base located at the Burlington International Airport. Kubricky Construction Corp. has been a division of the DA Collins Companies, since 1983.

7th Annual Champlain Valley Buddy Walk Oct 9

Sun, 09/25/2016 - 4:48pm -- tim

Vermont Business Magazine The 7th Annual Champlain Valley Buddy Walk will take place at Burlington's Battery Park on Sunday, October 9, starting at noon. More than 200 people are expected to attend the event, which is one of over 250 Walks across the country this fall to raise awareness and funds for programs that benefit people with Down syndrome and their families. It’s a wonderful, heartwarming event that celebrates the many abilities and accomplishments of people with Down syndrome.