-A A +A


Vermont to get $12.4 million federal grant for statewide expansion of substance abuse prevention partnerships

Mon, 07/06/2015 - 5:19pm -- tim

Vermont Business Magazine Senator Patrick Leahy (D-Vermont) joined Governor Peter Shumlin (D) at the State House Monday to announce a $12.4 million federal grant intended to reduce prescription drug abuse, marijuana use and underage drinking among youths and young adults throughout Vermont. The five-year substance abuse prevention grant, funded by the U.S.

UVM fundraising surpasses $60 million for first time

Mon, 07/06/2015 - 4:44pm -- tim

Vermont business Magazine The University of Vermont Foundation set new records in its fundraising activities on behalf of the university during the fiscal year ended June 30, 2015, surpassing last year’s historic milestones for both commitments and receipts from donors. New fundraising commitments broke the $60 million mark for the first time in UVM history. Total commitments to UVM reached $60,576,278 as of June 30, 2015, compared with $55,248,575 in the same period a year ago, an increase of 9.6 percent over last year’s record mark.

Vermont Attorney General settlement allows Dollar Tree to buy Family Dollar

Mon, 07/06/2015 - 10:16am -- tim

Vermont Business Magazine Two large, national, deep-discount chains, with 24 combined stores in Vermont, will merge after selling some stores to maintain competition, according to a settlement between Dollar Tree and Family Dollar with the Federal Trade Commission, Vermont Attorney General Bill Sorrell, and 16 other States. Dollar Tree and Family Dollar operate stores throughout Vermont. Dollar Tree typically prices its merchandise at $1, while Family Dollar stores offer additional merchandise for higher prices.

Vermont utilities seek more power from Seabrook, 80 acres of solar planned for Rutland Town

Sun, 07/05/2015 - 9:56am -- tim

by Guy Page, Communications Director, Vermont Energy Partnership Just because it’s summer doesn’t mean Vermont has taken a holiday from energy deals and projects. Far from it! In June alone, the wheels were turning to bring more hydro, nuclear (you read correctly), natural gas, and solar power to – or in the case of hydro, at least through - Vermont.

Commentary: Beyond IBM

Sun, 07/05/2015 - 8:34am -- tim

by Timothy McQuiston Vermont Business Magazine In a conference room at the Greater Burlington Industrial Corporation last October, a grim-faced group of Vermont’s political and business leaders were trying to put the best possible spin on the sale of IBM’s semiconductor division. Governor Shumlin told me later that IBM has kept governors awake at night since the second Snelling administration in the early 1990s.

Vermont's Seldon Technologies helps bring clean drinking water to millions of Mexican children

Sun, 07/05/2015 - 7:25am -- tim

Seldon Technologies, a leading developer of water purification systems based in Windsor, Vermont, is partnering with Mexican based water fountain manufacturer, Bebederos Ecologicos/Ottone Meloda to provide clean drinking water to millions of children throughout Mexico. Vermont Senator Patrick Leahy, who is ranked among the top environmental legislators by the nation’s foremost conservation organizations, will speak at the signing ceremony. 

Loan repayment program promotes food animal practice

Sat, 07/04/2015 - 5:08am -- tim

The Vermont Veterinary Medical Association (VVMA) has awarded $58,000 in grants to three Vermont food animal veterinarians: Dr Alison Cornwall of Middlesex, Dr Megan Foy of Danville, and Dr Jennifer Hull of Enosburg Falls. These grants were made possible through funding by the Vermont Legislature to the Vermont Agency of Agriculture. The program is administered by the Vermont Agency of Agriculture and the Vermont Veterinary Medical Association. 

Rising Tide Vermont plans symbolic blockade of oil train on anniversary of Lac Megantic disaster July 7

Sat, 07/04/2015 - 5:01am -- tim

Vermont Business Magazine Rising Tide Vermont, which has opposed the Addison County natural gas pipeline, said Friday that it will hold a rally and symbolic blockade of oil trains carrying fracked oil down the shores of Lake Champlain. Rising Tide said the blockade will last 47 minutes, honoring the 47 people who lost their lives when a train carrying fracked oil derailed and exploded in the town of Lac Megantic, Quebec, in 2013. It said there may also be other civil disobedience actions nearby.

Blue Cross says state is liable for unpaid premiums, claims

Fri, 07/03/2015 - 3:10pm -- tim

by Morgan True Blue Cross and Blue Shield of Vermont says it will not seek further payment from health care providers or its customers for money owed on Vermont Health Connect accounts that weren’t terminated in a timely fashion. The state’s largest health insurer, and the dominant player in Vermont’s exchange, said it will hold the state responsible for any money it is owed once the insurer and the exchange reconcile their books — a process that is ongoing.

Construction unemployment rates improve in Vermont, 40 states in May

Fri, 07/03/2015 - 1:38pm -- tim

by Bernard Markstein Associated Builders and Contractors Vermont's construction-related unemployment rate fell two points in May to 4.8 percent, the 17th best in the US and well below the national average of 6.7 percent. The Vermont rate, however, was up 1.2 points from the same time last year. Vermont was one of the few states to see an increase year-to-year. For the US, the non-seasonally adjusted construction unemployment rate for the country and 40 states declined in May, while the rate for one state (South Carolina) remained unchanged from April.