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AGs urge Congress not to gut EPA

Thu, 03/30/2017 - 4:16pm -- tim

Vermont Business Magazine Attorneys general from 12 states and the District of Columbia expressed their opposition to all legislative measures that would reduce funding for the Environmental Protection Agency (EPA) in a letter to the US House and Senate Appropriations Committees. The White House’s 2018 budget blueprint proposed a 31 percent cut to the EPA’s budget, the biggest cut of any federal agency.

Shap Smith, new trustees join UVM Board; Cioffi longest serving

Thu, 03/30/2017 - 3:53pm -- tim

Vermont Business Magazine The University of Vermont Board of Trustees has added four new members with expertise in biomedical research, law, teaching, business and politics. Former Vermont Speaker of the House Shap Smith, an attorney at Dinse, Knapp & McAndrew; Rep Johannah Leddy Donovan (D-Burlington), a retired teacher; and Rep John Bartholomew (D-Windsor), a retired biomedical researcher and laboratory animal veterinarian; will serve six-year terms. They succeed outgoing legislative trustees Bill Botzow, Joan Lenes and Kesha Ram.

GMP prepares for significant spring storm expected to cause outages

Thu, 03/30/2017 - 1:10pm -- katie

Vermont Business Magazine Forecasters are calling for heavy wet snow, mixed with possible sleet and rain to hit Vermont Fridaymorning starting in Southern Vermont. The storm will then move North through Friday into the evening and into Saturdaymorning. Green Mountain Power is preparing to ensure customer safety and reliability. In addition to internal crews, GMP has lined up external crews to help with restoration from this storm that could cause damage statewide.

PSB greenlights Vermont's largest solar array in Ludlow

Thu, 03/30/2017 - 12:31pm -- tim

Vermont Business Magazine The Vermont Public Service Board, on March 23, granted Coolidge Solar I, LLC a certificate of public good to construct a 20 megawatt solar electric array in Ludlow, which would be “by far” the largest solar electric facility in Vermont. Construction could start as early as the end of 2017, pending all state and local permits. The power is scheduled to be sold entirely to Connecticut utilities, as part of a 20-year power purchase agreement.

Consumers tend to overpay when gasoline prices are low

Thu, 03/30/2017 - 4:40am -- tim

Vermont Business Magazine National petroleum analyst GasBuddy released a new study this week that found that when gas prices are less expensive, there is a higher chance for consumers to overpay for gas. The phenomenon is uniquely caused during low-price cycles because during those times there is a greater variance — “spread” in industry parlance — in gas prices in any given city. Vermont average per gallon prices this week are $2.26 and the US average is $2.30. The Vermont range is $2.11 (Springfield) to $2.49 (Newport Center).

VDOL updates Joblink data breach

Wed, 03/29/2017 - 1:50pm -- tim

Vermont Business Magazine Officials from the Vermont Department of Labor (VDOL) are continuing to keep the public informed on their ongoing review of a data breach on the standalone, web-based database, America’s Joblink Alliance (AJLA), since learning of the breach on March 15. AJLA informed ten states, including Vermont, that a system modification implemented in October 2016 created a vulnerability in the system.

BioTek accelerates China growth with opening of Guangzhou office

Wed, 03/29/2017 - 1:44pm -- tim

Vermont Business Magazine On March 19, 2017, BioTek Instruments, based in Winooski, further expanded its presence in China with the opening of its Guangzhou office. As BioTek’s third China location, this most recent addition is situated in Guangzhou’s Tianhe district, Zhujiang New Town, and will include sales, service and applications support for the rapidly expanding South China market. BioTek’s General Manager for China, Luo Shaoguang (Danny) will oversee the new office.

Vermont Creamery sold to Land O’Lakes

Wed, 03/29/2017 - 1:36pm -- tim

Vermont Business Magazine Vermont Creamery Co-Founders Bob Reese and Allison Hooper and Land O’Lakes, Inc President and CEO Chris Policinski announced today that their businesses have joined forces. Vermont Creamery will become an independently operated subsidiary of Minnesota-based Land O’Lakes. It will continue to produce its award-winning fresh and aged goat cheeses, cultured butter and fresh dairy at the creamery in Websterville. According to a press release announcing the sale, terms of the acquisition will not be disclosed.

FairPoint, Consolidated shareholders overwhelmingly approve takeover

Wed, 03/29/2017 - 11:39am -- tim

Vermont Business Magazine FairPoint Communications, Inc (Nasdaq:FRP), Vermont's largest telecom based in North Carolina, and Illinois' Consolidated Communications Holdings, Inc (Nasdaq:CNSL) have moved a step closer to Consolidated's acquisition of FairPoint later this year. FairPoint shareholders on Tuesday voted to adopt the merger agreement between FairPoint and Consolidated Communications Holdings, Inc during a special meeting.

UVM College of Education rises in US News & World Report rankings

Wed, 03/29/2017 - 11:13am -- tim

Vermont Businiess Magazine The University of Vermont's College of Education and Social Services (CESS) jumped nine positions in the 2018 US News & World Report Best Graduate Schools rankings and is now among the top 60 nationally. The new rankings, based on survey responses from 256 of the 379 institutions that grant doctoral degrees in education, places UVM at No. 57 overall, putting it among the top public schools in the Northeast, and No. 6 in New England for both public and private institutions. CESS was ranked No. 66 last year and No. 67 in 2015.

City Market issues RFP for South End site

Wed, 03/29/2017 - 11:05am -- tim

Vermont Business Magazine When Burlington's City Market (Onion River Coop) purchased just over 4.5 acres at 207 Flynn Avenue in Burlington’s South End, their plan was to subdivide the lot and work to sell the south parcel. Currently, the foundation and steel are going up for City Market’s second store on the north parcel, with an expected grand opening of late fall 2017.