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VEDA approves $1.8 million in projects

Sun, 09/26/2004 - 8:00pm -- tim

$1.8 MILLION IN FINANCING COMMITMENTS
APPROVED BY VEDA BOARD
Grafton, VT Commercial, technology and agricultural development projects were approved for $1.8 million in financing assistance by the Vermont Economic Development Authority (VEDA) Board of Directors at their monthly meeting.
We are pleased to be able to assist in these projects, said Jo Bradley, Chief Executive Officer of VEDA. The outcomes of these investments will be stronger business, technology, and farm enterprises with an increased capacity for future growth.
Projects approved were:

700th captive insurer established in Vermont

Wed, 09/22/2004 - 8:00pm -- tim

VERMONT ECLIPSES 700 LICENSE MARK FOR CAPTIVES
Brisk Pace Continues for 2004
MONTPELIER - Helmerich & Payne Corporation has established Vermont's 700th
captive insurance company, according to the Vermont Department of Banking,
Insurance and Health Care Administration (BISHCA).
"The key factor in our selection of a captive domicile was the dedication
the state had to the success of its captive industry," said Hans
Helmerich, President, Helmerich & Payne, Inc., and White Eagle Assurance

Douglas Announces New Rx Drug Pool for Vermont

Tue, 09/21/2004 - 8:00pm -- tim

Governor Douglas Announces New Rx Drug Pool for Vermont
Montpelier -- Governor Jim Douglas has announced he will propose a
program to help Vermont's employers' pool their purchasing power to
negotiate lower prescription drug prices for their employees.
"This new pooling program will allow participating employers to afford
prescription drug benefits for their employees by taking advantage of bulk
purchasing discounts," the Governor said.
Governor Douglas said this effort is modeled on the multi-state purchasing

Many Vermont Families Now Eligible for Discounts on Hearing Care Products and Services

Mon, 09/20/2004 - 8:00pm -- tim

Many Vermont Families Now Eligible for Discounts on Hearing Care Products and Services
Berlin, VT -- Hearing care products and services have been added to Blue Cross and Blue Shield of Vermonts new non-benefit discount program, BlueExtras, the states largest health insurer has announced.
Blue Cross and Blue Shield of Vermont recently created its BlueExtras program to give its members and their families the tools they need to improve their health status and remain healthy.

Cellucci presents Dubie with Leadership Award

Mon, 09/20/2004 - 8:00pm -- tim

U.S. Ambassador to Canada Presents Annual Leadership Award to Vermont Lt.
Governor
(BOSTON, MA) - U.S. Ambassador to Canada Paul Cellucci introduced Vermont
Lt. Governor Brian Dubie to a full house of 85 New England and Canadian
business leaders Friday morning (9/17)at the New England-Canada Business
Council's (www.necbc.org) annual Leadership Award breakfast at
the Fairmont Copley Plaza.
Dubie addressed the group about his experiences over the past 20 months

New center at Champlain College named for S.D. Ireland Family

Sun, 09/19/2004 - 8:00pm -- tim

At a dedication event held on campus on September 17, Champlain College announced its newest academic facility will be named after the S.D. Ireland family, owner of S.D. Ireland Concrete Construction Corp. of Burlington, Vt. The $10 million, state-of-the-art building will be called The S.D. Ireland Family Center for Global Business and Technology.

IBM Vermont plant in deal with Kodak

Thu, 09/16/2004 - 8:00pm -- tim

IBM Vermont plant in deal with Kodak
IBM and Kodak have announced a multi-year agreement under which the two
conpanies will jointly develop and produce image sensor chips for consumer
products such as digital cameras and cell phones. Engineers at the IBM
Vermont facility will work with Kodak to develop a manufacturing process
to help Kodak deliver image sensors for consumer products that offer
higher performance, improved image quality and more features than devices
currently available. IBM will manufacture these image chips for Kodak at

State hospital to get help from FA, D-H

Wed, 09/15/2004 - 8:00pm -- tim

Dartmouth-Hitchcock Medical Center, Fletcher Allen Health Care to work
with Vermont Department of Health to Improve Patient Care at Vermont State
Hospital
WATERBURY-Agency of Human Services Secretary Charlie Smith today announced
that the State of Vermont will work with Dartmouth-Hitchcock Medical
Center and Fletcher Allen Health Care to find solutions to continuing
problems with patient care at the Vermont State Hospital.
"This brings the expertise of both academic medical centers to the table,"

30th Anniversary of Northern Power founding

Tue, 09/14/2004 - 8:00pm -- tim

Northern Power Systems, a subsidiary of Distributed Energy Systems Corp., will mark the 30th anniversary of its founding at a noontime event September 17 at the companys new headquarters in Waitsfield, Vermont. The event will also feature the formal opening and dedication of the new facility in the Mad River Park industrial complex.
Northern president Clint Jito Coleman will host the event, which will also include the participation of Vermont Senator Patrick Leahy and Bill McKibben, noted author of Enough: Staying Human in an Engineered Age, The End of Nature and other works.

Douglas outlines health care plan

Tue, 09/14/2004 - 8:00pm -- tim

Governor Douglas Details Health Care Reform Plan
Stowe. - In a keynote address to the Vermont Chamber of Commerce September 14,
Governor Jim Douglas outlined his comprehensive vision for quality,
affordable health care for all Vermonters.
Governor Douglas' health insurance plan would immediately reduce premiums
by 15 percent for every Vermonter with an individual insurance plan;
decrease the number of uninsured Vermonters by 20 percent in the first
year; offer low and middle income Vermonters a premium discount of up to

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