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Congressman Welch Honored as National Retail Federation Legislator of the Year

Fri, 05/27/2016 - 2:36pm -- tim

Vermont Business Magazine The National Retail Federation announced that Congressman Peter Welch, D-Vt., is one of the retail advocate’s Legislator of the Year honorees. SenatorTim Scott, R-South Carolina, was honored with the Legislator of the Year distinction in the Senate. The award was presented on Tuesday during the Retail Advocates Summit, NRF’s annual congressional fly-in.

Vermont National Guard preparing for $25 million tarmac upgrades

Fri, 05/27/2016 - 2:20pm -- tim

Vermont Business Magazine The Vermont National Guard is preparing to go to bid on a major construction project for apron replacement and taxiway upgrade at the Air National Guard Base located at the Burlington International Airport. The project is slated to start late this fall and continue through to fall of 2017. The project is estimated at greater than $25 million.

PC Construction receives Deane C Davis Outstanding Business of the Year award

Thu, 05/26/2016 - 4:46pm -- tim

Vermont Business Magazine Vermont Business Magazine and the Vermont Chamber of Commerce today announced PC Construction Company as the winner of the prestigious and highly anticipated Deane C Davis Outstanding Business of the Year Award. Presented by Governor Shumlin at the opening ceremonies of the Vermont Chamber of Commerce Business and Industry EXPO, this annual award honors a Vermont business that shows an outstanding history of sustained growth while displaying an acute awareness of what makes Vermont unique. The award, named for the former governor of Vermont, was created 26 years ago by Vermont Business Magazine and the Vermont Chamber of Commerce to recognize and honor the state’s best companies.

Key Senate panel move could help restore Montrealer

Thu, 05/26/2016 - 4:45pm -- tim

Vermont Business Magazine The US Senate Appropriations Committee Thursday approved an annual spending bill for the Department of Homeland Security (DHS), and with it key provisions authored by Senator Patrick Leahy (D-Vt.) to increase national security and facilitate travel and commerce between the United States and Canada. Preclearance arrangements are especially important to Vermont, which hopes to restore “Montrealer” passenger train service linking Vermont to Canada in the coming years, and to secure flight service from Billy Bishop Toronto City Airport to Burlington International Airport.

Vermont Creamery’s Bijou named 2016 sofi award winner

Thu, 05/26/2016 - 4:30pm -- tim

Vermont Business Magazine Vermont Creamery was recognized for excellence this week, winning the specialty food industry’s highest honor—a gold sofi Award for its Bijou aged goat cheese; Bonne Bouche was honored as a finalist. Bijou was one of 28 winners from over 3,200 entries in the Specialty Food Industry’s prestigious competition. Every eligible entry to the sofi Awards was carefully assessed by a panel of passionate and knowledgeable food professionals including chefs, culinary experts, academics, food writers, and category buyers.

Vermont Restaurant Week donates $20,000 to the Vermont Foodbank

Thu, 05/26/2016 - 4:21pm -- tim

Vermont Business Magazine A total of $20,000 was donated to the Vermont Foodbank as a result of Seven Days' 7th annual Vermont Restaurant Week. This popular event was presented by the Vermont Federal Credit Union and organized by Seven Days, publisher of 7 Nights, the statewide guide to Vermont’s restaurants and bars.

Gay Landstrom named interim CEO at Mt Ascutney Hospital

Thu, 05/26/2016 - 4:17pm -- tim

Vermont Business Magazine Gay L Landstrom, PhD, RN, NEA-BC, has been named interim Chief Executive Officer of Mt. Ascutney Hospital and Health Center (MAHHC). Landstrom, who serves as Executive Vice President and Chief Nursing Officer (CNO) of the Dartmouth-Hitchcock health system, will serve temporarily while MAHHC conducts a search for a successor to Kevin W Donovan, who was named CEO at LRGHealthcare in Laconia, NH, on May 4. Donovan will leave Mt Ascutney Hospital on June 15, 2016.

Natural gas price fall drives down wholesale power costs in NE

Thu, 05/26/2016 - 12:11pm -- tim

Vermont Business Magazine Wholesale power markets in New England operated competitively last year, bringing lower average power prices that reflected the drop in the price of natural gas in 2015, according to the 2015 Annual Markets Report issued yesterday by the Internal Market Monitor (IMM) of ISO New England Inc. ISO is the operator of the region’s bulk power system and wholesale electricity markets. Natural gas in recent years has also increased its market share in generation. The average real-time price of wholesale electric energy in 2015 fell by more than a third, or more than $22 per megawatt-hour (MWh), to $41.00/MWh as a result of natural gas prices that were 41% lower than their 2014 average. Vermont prices were in the middle range at $41.58, with Maine lowest and the Boston area highest. The prices of both natural gas and wholesale power were the lowest since 2012. The price of natural gas is a key factor in the price of wholesale power because the fuel generates 49% of the electricity produced in New England. The cost of fuel is the largest input into the cost of electricity production.

Survey says New Haven residents support 400 MW electric converter station

Thu, 05/26/2016 - 4:21am -- tim

Vermont Business Magazine The town of New Haven has expressed overwhelming support for the Vermont Green Line renewable energy transmission project, according to a survey undertaken by Anbaric, the project's developer. A week-long, town-wide survey resulted in an almost two-to-one (252-128) result in favor of hosting a converter station for the Vermont Green Line in the town, and in support of an agreement the selectboard made with project developers Anbaric Transmission and National Grid.

New firewood rule prohibits untreated firewood from entering Vermont

Thu, 05/26/2016 - 4:14am -- tim

Vermont Business Magazine A new Vermont rule effective May 1 prevents invasive insects from piggybacking into the state on untreated firewood. As summer camping season arrives, visitors to Vermont should be prepared to buy firewood in-state or be able to verify that imported firewood is heat-treated to USDA-approved standards. The Vermont Department of Forests, Parks, and Recreation already urges all campers and homeowners to purchase wood locally.