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CoverageCo rural cell service could go dark

Fri, 03/16/2018 - 6:50pm -- tim

by Timothy McQuiston Vermont Business Magazine Vermont is likely to lose one component of its rural cell phone coverage. CoverageCo, which runs the micro cell radio service along the state’s remote highways, has been looking for a buyer to avoid going out of business. So far, it's been unsuccessful in findiing one. The Department of Public Service Thursday night warned legislators that the service could terminate at any moment, and along with it the 911 service it provides, but it does not know when.

VSC inducts six into Hall of Fame, raises nearly $100,000 in scholarship funds

Sun, 03/18/2018 - 3:21am -- tim

Vermont Business Magazine Five prominent alumni and one former faculty member joined the VSCS Hall of Fame at the third annual celebration at Montpelier’s Capital Plaza last night. Three hundred guests included Governor Scott, former Governor Douglas, legislative leaders and members, VSCS Trustees and Presidents, students, faculty and staff. The event raised nearly $100,000 for scholarships.

Governor Scott kicks off sugaring season

Sat, 03/17/2018 - 5:36am -- tim

by Scott Waterman, Agency of Agriculture What makes maple season special besides being out on the land, cold nights and warm days, a good boil and a lot of sweet maple syrup?  Certainly, tradition plays a big role. For decades, governors have highlighted the importance of maple to Vermont’s heritage and economy, with the annual tapping of the tree.

Sunup Bakery honored as Patriotic Employer

Sat, 03/17/2018 - 3:08am -- tim

Vermont Business Magazine Laura McKenna, owner and operator of Sunup Bakery, of Killington, was recently presented with the US Department of Defense Employer Support of the Guard and Reserve (ESGR) Patriot Award. David Wheel, representing Vermont Employer Support of the Guard and Reserve, presented the award for the outstanding support that McKenna has given to her employee and citizen-service member, Taylor Curtis, of Rutland, VT.

Bill allows small beer and wine producers greater access to local markets

Fri, 03/16/2018 - 5:00pm -- tim

Vermont Business Magazine The House today passed the Beer and Wine Franchise Bill, H710, on a vote of 124-11. The bill proposes to create an exception to the beer and wine franchise law for manufacturers of malt beverages that manufacture or distribute not more than 300,000 barrels of malt beverages or 100,000 gallons of vinous beverages per year.

AG will not prosecute St Albans police officers for January 2 shooting

Fri, 03/16/2018 - 12:08pm -- tim

Vermont Business Magazine Attorney General Thomas J Donovan announced today that his Office has reviewed the police-involved shooting incident that occurred on January 2, 2018, in St Albans. The AG said in a press release that he is declining to prosecute St Albans police officers Corporal Michael Malinowski and Corporal Jason Lawton for charges related to discharging their firearms at Jack Laplant. In reaching this decision, the AG reviewed all the materials provided by the Vermont State Police, who conducted the investigation.

VEDA approves $8.6 million for economic development projects

Fri, 03/16/2018 - 10:56am -- tim

Vermont Business Magazine During the last quarter, the Vermont Economic Development Authority (VEDA) approved $8.6 million in loans to help support commercial, agricultural, and small business projects throughout Vermont. Financing in this round will assist: LEDdynamics, Inc., Randolph; Buttermilk, LLC, Richmond; Seedsheet, Middlebury; Champlain Orchards, Inc, Shoreham; TimberTiger, LLC, Underhill; Liambru Tasty, LLC, Proctor; and Bethel Central Market, Bethel.

Weekly unemployment claims fall steeply

Fri, 03/16/2018 - 7:19am -- tim

Vermont Business Magazine Weekly unemployment claims fell last week slightly more than half after a steady recent increase and have returned to levels below the same time last year. For the week of March 10, 2018, there were 442 claims, 447 fewer than than they were the previous week and 26 fewer than they were a year ago. Altogether 6,104 new and continuing claims were filed, a decrease of 352 from a week ago and 687 fewer than a year ago. For most weeks of 2017 and into 2018 claims have been below the year before. The steep fall last week could reflect the end of the winter tourism season, but heavy, powdery snow is likely to keep the ski season alive and well through March.

Two soldiers discharged, three remain at UVM Medical Center

Thu, 03/15/2018 - 4:19pm -- tim

Vermont National Guard Two of the five soldiers admitted at UVM Medical Center as a result of the avalanche yesterday have been discharged. Two of the three remaining soldiers are in good condition and one is in fair condition. Six US Army Soldiers were reported injured during an avalanche while performing advanced mountaineering training in Easy Gully, Smugglers Notch at approximately 1 p.m. Wednesday. Five were hospitalized after they were carried approximately 300 meters down the slope.

Vermont gets $28 million in tobacco settlement

Thu, 03/15/2018 - 3:50pm -- tim

Vermont Business Magazine Attorney General TJ Donovan announced a settlement today with major tobacco companies in connection with the “Master Settlement Agreement” (MSA) that will bring approximately $28 million to Vermont. The Attorney General was joined by Governor Phil Scott, State Treasurer Beth Pearce, House Speaker Mitzi Johnson and President of the Senate Tim Ashe. Vermont lawmakers also announced their intention to use half of the settlement funds to combat the opioid epidemic in Vermont.

New Rutland Regional office building named for Huebner

Thu, 03/15/2018 - 1:59pm -- tim

Vermont Business Magazine In spite of snowy weather conditions Wednesday evening, over 150 local community members and luminaries gathered together for Rutland Regional Medical Center’s 2018 Annual Corporators Meeting and Retirement Celebration for President and CEO Tom Huebner. Following the regular board business and remarks by Vermont Governor Phil Scott, bigger news emerged. Rutland Regional Health Services and Rutland Regional Medical Center Board Chair John W Casella announced that in honor of Tom’s 28 years of unwavering leadership, vision, and dedication, they would name Rutland Regional’s newest facility-The Thomas W Huebner Medical Office Building.

Tax revenues OK despite unknowns

Thu, 03/15/2018 - 1:12pm -- tim

by Timothy McQuiston Vermont Business Magazine Administration Secretary Susanne Young is cautiously optimistic that tax revenues will stay ahead of expectations. The caution comes from uncertainty from both technological and federal policy changes. General Fund revenues collected for the month of February totaled $106.46 million, -$0.80 million below the consensus cash flow expectation of $107.26 million for the month. The Transportation Fund collected $18.44 million for the month of February, +$0.52 million ahead of its $17.91 million target. The Education Fund collected $15.12 million for the month, $1.13 million ahead of the consensus target of $13.99 million.