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GPM Global and Burlington's PieMatrix form alliance

Sat, 01/31/2015 - 3:43am -- tim

Sustainability is the new hot topic for project managers in the public and private sectors. GPM Global announced today the formation of a strategic alliance that will integrate their PRiSM sustainability methods with the PieMatrix Pie online project management platform. Where the project management of yesterday focuses only on inputs and outputs, sustainable project management takes into account benefits realization and the project's overall impact on society, the environment and the economy from an asset lifecycle perspective.

Rutland Region Chamber of Commerce unveils new website

Sat, 01/31/2015 - 3:14am -- tim

The Rutland Region Chamber of Commerce has announced that Rutland has a new “Front Door to the Region”,  The Chamber’s website has been completely re-designed by Green Mountain Marketing & Advertising. This leading edge website has integrated new features including a responsive web design that formats to fit most internet ready devices.  The new website has integrated social media plug- ins and is fully optimized for maximum search engine performance to give businesses exposure on Google, Yahoo and Bing. 

Lake Sunapee Bank parent reports Q4 and FY14 results

Fri, 01/30/2015 - 4:38pm -- tim

New Hampshire Thrift Bancshares, Inc (NASDAQ: NHTB), the holding company for Lake Sunapee Bank, fsb, with branches in New Hampshire and Vermont, today announced results for the fourth quarter and the year ended December 31, 2014. Consolidated net income for the fourth quarter of 2014 was $2.9 million, or $0.34 per diluted common share, compared to $2.7 million, or $0.32 per diluted share, for the third quarter of 2014.

Economist: Market forces working against Shumlin’s Medicaid plan

Fri, 01/30/2015 - 4:35pm -- tim

by Morgan True Governor Peter Shumlin wants to increase Medicaid payments to reduce the ripple effect that causes privately insured people to pay more. Medicaid reimburses providers at 60 percent of what private insurers pay for services. People who pay private insurance premiums pick up the difference in higher rates in what is known as the cost shift. The governor’s proposal seeks to reduce the growth in private premiums by $90 million by implementing a 0.7 percent payroll tax.

Weekly unemployment claims fall again

Fri, 01/30/2015 - 4:25pm -- tim

Vermont Business Magazine Weekly unemployment claims fell again to their lowest levels since early fall. For the week of January 24, 2015, there were 616 new, regular benefit claims for Unemployment Insurance in Vermont. This is a decrease of 178 from the previous week's total, and 119 fewer than they were a year ago. In 2014, claims were consistently below 2013 levels on a week-to-week basis.

OpenTempo expands headquarters to accommodate growing staff

Fri, 01/30/2015 - 4:11pm -- tim

OpenTempo, a healthcare IT company that reduces the cost of providing healthcare by helping hospitals optimize workforce efficiency, is expanding its offices to accommodate its rapidly increasing staff. Between December and January, six new employees were brought on, all based in Vermont.

“OpenTempo loves being a Vermont company,” says Brian McNabb, Vice President of Professional Services. “We are able to help the local community by providing green, high-paying jobs while also helping our company's performance by adding very talented individuals with Vermont values.”

Ledyard Financial Group declares increase to quarterly dividend

Fri, 01/30/2015 - 4:06pm -- tim

Ledyard Financial Group, based in Hanover, NH, with offices in Vermont, (Ticker Symbol: LFGP) announced today a $0.03 increase to its quarterly dividend, based in Hanover, NH, with offices in Vermont. The dividend of $0.48 is payable March 3, 2015 to shareholders of record as of February 13, 2015. The dividend was last increased by $0.04 for the dividend paid during September 2014. Strength in the Company’s core businesses is supporting the ability to continue with its dividend payouts and ensure that its shareholders benefit from the Company’s improved earnings.

Vermont brewer tops list of Ratebeers Top Brewers in the World

Fri, 01/30/2015 - 2:34pm -- tim today released its list of the world's top brewers, with Hill Farmstead from Greensboro, Vermont, rated the world's number one brewery. The top 100 brewers in the world are ranked according to reviews taken last year and weighted by performance within and outside of style, balanced by indicators of depth. The winners here are presented by top 10 and country of origin and reflect the top performing brewers of over 19,000 listed at RateBeer.

Merchants Bancshares reports Q4 and FY14 results, 28 cent dividend

Fri, 01/30/2015 - 1:29pm -- tim

Merchants Bancshares, Inc (NASDAQ: MBVT), the parent company of Merchants Bank, today announced net income of $2.50 million, or $0.40 per basic and $0.39 per diluted share for the fourth quarter of 2014. This compares to net income of $3.82 million, or $0.61 per basic and $0.60 per diluted share for the fourth quarter of 2013. For the year ended December 31, 2014, net income totaled $12.13 million, or $1.92 per basic and $1.91 per diluted share, compared to net income of $15.13 million, or $2.40 per basic and diluted share for the year ended December 31, 2013.

Vermont Tech and VYCC to offer alternative college program

Fri, 01/30/2015 - 10:30am -- tim

Thomas Hark, president and CEO of Vermont Youth Conservation Corps joined Vermont Tech President Dan Smith Thursday in announcing the new Working Lands Certificate Program at the Vermont Farm Show in Essex Junction. Venture Semester, a VYCC and Vermont Tech partnership program, is designed to immerse students in agriculture, food, and leadership, as well as enhance high school graduates’ access to higher education. 

Vermont dairy industry generates $2.2 billion in economic activity each year

Fri, 01/30/2015 - 10:16am -- tim

The Vermont Dairy Industry brings $2.2 Billion in economic activity to Vermont annually, according to a new study funded by the Vermont Dairy Promotion Council. Findings from the study were unveiled Thursday at the Vermont Farm Show in Essex. Recognizing the need for up-to-date data about dairy’s impact on Vermont’s economy, the Vermont Dairy Promotion Council partnered with the Vermont Agency of Commerce and Community Development, the Vermont Agency of Agriculture, and Castleton Polling to quantify the impact of the industry on Vermont’s economy and way of life.