Current News

-A A +A

Darn Tough Vermont reports double digit growth in second quarter

Thu, 07/20/2017 - 3:52pm -- tim

Vermont Business Magazine Darn Tough Vermont, the fastest growing American manufacturer of premium performance outdoor and lifestyle socks, announces a 24 percent growth in the recent second quarter, year-over-year. Accounting for the impressive overall growth, Darn Tough’s individual categories – Hike, Lifestyle, Run, Work, Hunt and Kids – have all seen major increases.

State to save $550,000 in retired teachers health plan

Thu, 07/20/2017 - 1:16pm -- tim

Vermont Business Magazine Vermont State Treasurer Beth Pearce today announced the successful negotiation of a contract to provide health insurance plans to retired members of the Vermont State Teachers’ Retirement System (VSTRS). This will save the State of Vermont over $550,000 in FY 2018 and provide total savings to retired teachers, over age 65, of $110,000 for grand total savings of $660,000.

Leahy includes safety net for dairy farmers in agriculture appropriations bill

Thu, 07/20/2017 - 12:21pm -- tim

Vermont Business Magazine Senator Patrick Leahy (D-Vt.), Vice Chairman of the Senate Appropriations Committee, Thursday notched key victories for Vermont as the Agriculture and Energy and Water appropriations bills cleared the Senate Appropriations Committee. Leahy’s wins include securing $499 million over 10 years to strengthen the safety network for dairy farmers, including the dairy Margin Protection Program.

2017 Outstanding Tree Farmer of the Year tree farm tour August 12

Thu, 07/20/2017 - 11:55am -- tim

Vermont Business Magazine The Vermont Tree Farm Program will hold two events this August. On Saturday, August 12 from 8:30 am- 2:30 pm there will be a tour of the Stoner Family Tree Farm with David and Jenny Stoner, the 2017 Vermont Outstanding Tree Farmers of the Year. The Stoner Family Tree Farm is a 361 acre Certified Tree Farm (VT Tree Farm #1591) in Greensboro. The event begins at 8:30 am, with a welcome at 9 am. The tours depart at 9:30 am. At 11:30 am there will be a networking around the tent, and at 12:30 pm lunch will be served around the pond. Following lunch at 1:30 pm there will be an awards ceremony and presentations.

Road Pitch 2017 stops in Hyde Park August 4

Thu, 07/20/2017 - 11:27am -- tim

Vermont Business Magazine The Lamoille County stop on the statewide Road Pitch will be held August 4 in Hyde Park. The Lamoille Economic Development Corporation (LEDC) has selected and extensively coached six local entrepreneurs who will present their seven minute “pitches” to 40 or more motorcycle riders who are themselves successful entrepreneurs, venture capitalists, angel investors and business advisors.

Do Good Fest raises $35,000 for Branches of Hope cancer patient fund

Thu, 07/20/2017 - 9:31am -- tim

​Vermont Business Magazine National Life Group’s fourth annual Do Good Fest, Presented by The Point, over the weekend raised $35,000 for Branches of Hope, a fund that helps cancer patients with expenses during their treatment. The annual festival, which this year attracted more than 7,000 people, has now contributed $93,000 to the cancer patient fund at Central Vermont Medical Center, helping countless Vermonters pay expenses ranging from transportation to heating bills while they’re undergoing treatment.

Farming industry can reap benefits from wind power

Thu, 07/20/2017 - 4:53am -- tim

Vermont Business Magazine Barre-based Northern Power Systems Corp, a wind turbine technology firm for over 40 years, has seen a surge of interest in wind power in distributed energy (behind-the-meter, on-site power generation) applications in the United States, as the performance and financial benefits of field installations surpass user expectations.