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The Chamber Train May 24

The Lake Champlain Chamber of Commerce is taking its May business after hours event on the rails. Let off some steam, and let’s get this networking in local-motion on Green Mountain Railroad’s top-of-the-line, dining-style passenger cars. Get a sneak preview of their dining train experience and take a quick scenic trip with us. Your free LCRCC member ticket includes travel on this plush transport, appetizers and one free drink. Event kicks off at 5:30pm at one Main Street, and we leave the station at 6pm sharp.

Sonnax sold to Warren Buffett company

Fri, 04/20/2018 - 11:02am -- tim

by Bruce Edwards Vermont Business Magazine Sonnax Industries Inc, a maker of automatic transmission parts in Bellows Falls, was sold in early April to Marmon Holdings, Inc, a subsidiary of Warren Buffett’s company, Berkshire Hathaway. Sonnax was an employee-owned company, whose ESOP was sued by the US Department of Labor, as first reported by VBM in January 2017. 

According to a press release and email, the new company will operate as Sonnax Transmission Company. Terms of the sale were not disclosed. The company will remain in Vermont.

Vermont unemployment rate remains at 2.8 percent in March

Fri, 04/20/2018 - 10:55am -- tim

Vermont Business Magazine The Vermont Department of Labor announced today that the seasonally-adjusted statewide unemployment rate for March was 2.8 percent. This reflects no change from the revised February rate. The national rate in March was 4.1 percent. As of the prior month’s preliminary data, the Burlington-South Burlington Metropolitan NECTA was fourth lowest unemployment rate in the country for all metropolitan areas. Overall, Vermont’s unemployment rate was tied for the fourth lowest in the country for the same time period.

Vermont’s Greenest Building Award winners announced

Fri, 04/20/2018 - 5:58am -- tim

​Vermont Business Magazine The sixth annual Vermont’s Greenest Building Awards, hosted by the Vermont Green Building Network (VGBN), recognized seven projects and design/build teams. The projects received awards for achieving the highest standard of demonstrated building energy performance for residential and commercial buildings, and were judged based on an expanded definition of “green” building.

Grinold: Paid internships make a difference in Southern Vermont

Fri, 04/20/2018 - 5:42am -- tim

by Adam Grinold Brattleboro Development Credit Corporation Each summer college students search for opportunities that allow them to apply their education and gain hands on experience. Internships are also important to businesses, especially in Vermont’s Windham region where low unemployment means employers compete hard to secure talent. The BDCC & Six College Collaborative Internship program works to partner currently enrolled college students and recent college graduates with local Windham County businesses through paid work opportunities.

Seven Days’ 9th annual Vermont Restaurant Week starts Friday

Fri, 04/20/2018 - 5:17am -- tim

Vermont Business Magazine Seven Days, Vermont’s free and independent weekly newspaper, is excited for the 9th Annual Vermont Restaurant Week, a celebration of the state’s vibrant food scene presented by the Vermont Federal Credit Union. For 10 days, April 20 to 29, 115 restaurants from Brattleboro to St. Albans will offer special prix-fixe dinners at three price points — $20, $30 or $40 per person. Lunch, brunch and breakfast specials at select locations will also be available.

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