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.
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.
Vermont Business Magazine Thursday, Governor Phil Scott issued Executive Order 12-17, forming the Vermont Climate Action Commission. Among the Commission’s many responsibilities will be the task of unifying Vermont’s ambitious climate and economic goals.
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.
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.
Vermont Business Magazine People's United Bank, NA announced today that it has entered into an agreement to acquire LEAF Commercial Capital, Inc. Based in Philadelphia, PA, LEAF is one of the largest, independent commercial equipment finance companies in the U.S., with approximately $500 million of annual originations.
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.
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.
Vermont Business Magazine The Board of Trustees of the New England Center for Circus Arts in Brattleboro on Wednesday night issued the following statement, saying that it had "accepted the resignation of Executive Director Michael Helmstadter, effective at 8 am Thursday, July 20.
Vermont Business Magazine Natcore Technology Inc.has signed a Memorandum of Understanding with PSECC Solar Farms Ltd., a climate change mitigation company and developer of solar farms, under which PSECC would engage Natcore to develop solar projects within the United States.
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.