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VHCB awards $7.08 million for projects in 10 towns

Thu, 05/17/2018 - 3:57pm -- tim

Vermont Business Magazine At a meeting on May 3, the Vermont Housing & Conservation Board awarded $7,084,832 to create, preserve, and rehabilitate 177 affordable homes in Lyndon, Rutland and Fair Haven; to help develop a pedestrian and bike trail in Newport; to conserve four farms in Addison, Orange, Grand Isle, and Washington Counties; and to support a floodplain restoration project in Guilford.

Air Force secretary says F-35 only option for Vermont

Thu, 05/17/2018 - 3:32pm -- tim

Vermont Business Magazine Below is a link to video and text of Senator Patrick Leahy’s (D-Vermont) exchange  with Secretary of the Air Force Heather Wilson at today’s Appropriations Committee hearing. Secretary Wilson testified directly that there is not another mission for the Vermont Air National Guard, other than the F-35 mission. Leahy is the Vice Chairman of the Appropriations Committee, and today’s hearing is part of the committee’s process in writing the federal budget for Fiscal Year 2019.

The VIDEO can be found by clicking the image of Secretary Wilson.

Vermont passes onshore reinsurance alternative into law

Thu, 05/17/2018 - 2:54pm -- tim

Vermont Buisness Magazine Governor Phil Scott signed new legislation into law strengthening Vermont’s financial services industry in a variety of areas. The new law offers an onshore affiliated reinsurance alternative to insurance companies affected by the recent imposition of the Base Erosion Anti-Abuse Tax (BEAT) on reinsurance ceded to offshore affiliates. Vermont’s new law provides a solution by creating a more favorable reinsurance alternative for US companies conducting business in offshore jurisdictions that are now faced with a substantial new tax burden.

Sanders joins effort to release report on toxic substances

Thu, 05/17/2018 - 1:14pm -- tim

Vermont Business Magazine US Senator Bernie Sanders (I-Vermont) joined an effort with 10 other senators calling on EPA Administrator Scott Pruitt and other administration officials to immediately release a study reportedly being kept secret by the Trump administration which shows that perfluoroalkyl substances (PFAS) are dangerous at far lower levels than EPA previously said was safe.

ANR issues grant for recycling and composting education via a 'truck wrap'

Thu, 05/17/2018 - 1:07pm -- tim

Vermont Business Magazine The Vermont Agency of Natural Resources has conditionally awarded funds to Central Vermont Solid Waste Management District (CVSWMD) to wrap the district’s box truck with messaging around recycling and composting in support of Vermont’s Universal Recycling Law (ACT 148). The $3,250 grant, issued by the ANR’s Department of Environmental Conservation, is intended to help “educate and build public awareness of these requirements and emphasize the importance of recycling and organics diversion.”

Castleton implements plan to align budget with enrollment trends

Thu, 05/17/2018 - 11:39am -- tim

Vermont Business Magazine Castleton University announced a series of updates Thursday as part of its ongoing process to align its budget with current and future enrollment trends. The plan currently being implemented is a result of a four-month-long collaborative, exhaustive, and transparent approach to an organizational restructure that has identified cost-savings opportunities and growth initiatives.

NERC grant awarded to Omaha e-recycler

Thu, 05/17/2018 - 11:20am -- tim

Vermont Business Magazine Today, the Northeast Recycling Council (NERC), based in Brattleboro, has announced the award of a grant in support of efforts to become a certified electronics recycler to Sadoff E-Recycling & Data Destruction of Omaha, Nebraska. The grant, which was funded by the Consumer Technology Association (CTA), will allow Sadoff to become the second recycler in Omaha to be certified to the R2 Standard, and only the third in Nebraska.

Opinion: Innovating for water quality

Thu, 05/17/2018 - 7:27am -- tim

by Agriculture Secretary Anson Tebbetts, ANR Secretary Julie Moore and Commerce Secretary Mike Schirling From Vermont’s inception, freedom and unity have spurred innovation. John Deere invented the tractor. Ben and Jerry created world-class ice cream.  Environmental leaders like George Perkins Marsh defined conservation. The state’s rich history highlights how Vermonters and their values have led the way. Innovation continues today. Farmers are working with engineers, scientists and researchers on projects that improve the environment while improving their finances.

Cooperage finds niche in Vermont craft spirits industry

Thu, 05/17/2018 - 6:57am -- tim
Green Mountain Grain & Barrel producing locally-sourced, locally-made oak barrels.

by Christine McGowan Woodworkers by hobby and Vermont National Guardsmen by training, Tony Fletcher, Josh Waterhouse and Mac Broich are finding their niche as coopers for Vermont’s craft spirits industry. Green Mountain Grain & Barrel was founded in 2016 with a simple goal: to be the sole producer of barrels for Vermont distilleries, wineries and breweries.

Vermont firm lets solar power take off at Granite Air Center

Thu, 05/17/2018 - 5:57am -- tim

Vermont Business Magazine Granite Air Center, Inc in Lebanon, NH, is partnering with Norwich Solar Technologies of White River Junction, Vermont, to install a 218.1-kilowatt DC, Net-Metered Photovoltaic (PV) System on the main hangar rooftop at their facility, and is the largest solar array in the City of Lebanon to date. Completed in early May 2018, the solar array will provide Granite Air long-term energy cost reduction and stability through the integration of clean, renewable solar electricity.