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Weekly unemployment claims climb

Fri, 03/02/2018 - 12:16pm -- tim

Vermont Business Magazine Weekly unemployment claims hit a modest spike last week, but remain lower than they were the same time last year. For the week of February 24, 2018, there were 742 claims, 330 more than than they were the previous week and 44 fewer than they were a year ago. Altogether 6,082 new and continuing claims were filed, an increase of 145 from a week ago, and 933 fewer than a year ago. For most weeks of 2017 and into 2018 claims have registered below the year before.

VTrans and ACCD award grants to Danville, Enosburgh and Hyde Park

Fri, 03/02/2018 - 12:15pm -- tim

Vermont Business Magazine As part of a four-year partnership to revitalize community centers with strategic transportation investments, the Vermont Agency of Transportation (VTrans) and the Vermont Agency of Commerce and Community Development (ACCD) are pleased to announce the Better Connections (BC) Grant Program has funded three projects to increase local transportation options and the vitality of Vermont's village centers.

Grant Winners:

GMP reports about 1100 customers without power caused by wet, heavy snow

Fri, 03/02/2018 - 11:41am -- tim

Vermont Business Magazine Green Mountain Power has deployed its line crews from around the state into southern Vermont to ensure a strong response to outages caused by the wet, heavy snow that has already begun to fall. Forecasts indicate that heavy snow might continue, or the temperatures could rise slightly turning to rain, which would lessen outage impact.

Rutland Regional Medical Center appoints Claudio D Fort president and CEO

Fri, 03/02/2018 - 9:55am -- tim

​Vermont Business Magazine The state's second largest health care facility has selected an in-state candidate as its new leader. John Casella, Chair of the Board at Rutland Regional Medical Center, announced today the board’s unanimous selection of Claudio D Fort as the next president and CEO of Rutland Regional Medical Center, Vermont’s largest community hospital. Fort will succeed current President and CEO, Tom Huebner, who is retiring at the end of March after a 28-year tenure at the hospital.

Three Vermont firms named semifinalists for DOD Freedom Award

Thu, 03/01/2018 - 4:31pm -- tim

Vermont Business Magazine Employer Support of the Guard and Reserve state committees selected 149 nominees for the 2018 Secretary of Defense Employer Support Freedom Award. A thorough vetting process, from the more than 2,350 nominations submitted by Guardsmen and Reservists, determined the semifinalists. Three Vermont organizations were named: Rescue Inc; University of Vermont; and UVM Medical Center.

Governor appoints 47 to boards and commissions in February

Thu, 03/01/2018 - 4:03pm -- tim

Vermont Business Magazine Governor Phil Scott today announced he’s appointed 47 Vermonters to State boards and commissions in the month of February. Boards and commissions serve an important role in state government, giving Vermonters numerous opportunities to serve their state and communities. The Governor’s office is currently soliciting applications to fill vacancies and upcoming term expirations.

ST Paving shares solar power with long-time employees

Thu, 03/01/2018 - 12:54pm -- tim

Vermont Business Magazine A longtime Waterbury business, ST Paving, recently flipped the switch on 156 rooftop solar panels. The asphalt paving company worked with SunCommon to fill the company’s roof with solar. The system will produce more than the business needs, and so owner John Reynolds is sharing the excess with his own home and that of four of the company’s long-time employees.

Vermont recognizes national weights and measures week

Thu, 03/01/2018 - 12:50pm -- tim

Vermont Business Magazine Today marks the beginning of National Weights and Measures Week, a time to recognize the important role of weights and measures regulatory programs across the country. The date of this year’s Weights and Measures Week is significant as it marks the signing of the first Weights and Measures law by John Adams on March 2, 1799. Throughout the country, thousands of weights and measures inspectors work diligently to enforce laws designed to not only protect consumers but to also develop a level playing field in commerce wherever a weight or measure is involved.

Survey: Vermont businesses show mild uptick in economy

Thu, 03/01/2018 - 12:26pm -- tim

Vermont Business Magazine Today, Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), announced the Q4 2017 outlook results of their joint initiative, the VBR/EPR Business Conditions Survey and Index. Carr said the results appear to show “neutral to mild optimism” in the Vermont economy.

Overall Finding

Results confirm ISO capacity auction procured sufficient electric resources for 2021–2022

Thu, 03/01/2018 - 11:08am -- tim

Vermont Business Magazine Finalized results filed Wednesday confirm that New England’s annual capacity auction concluded with sufficient resources to meet electricity demand in 2021–2022, and at the lowest price in five years. ISO New England Inc filed the finalized results with the Federal Energy Regulatory Commission (FERC). The auction assures capacity for the system regular while guaranteeing a rate of return for participating generators. Two Boston-area generators who had previously signed up but wanted to terminate their participation were retained to ensure reliability.

Enel increases 'virtual power plant' to 157MW

Thu, 03/01/2018 - 11:04am -- tim

Vermont Business Magazine The Enel Group’s new advanced energy services division Enel X, through its US demand response services company EnerNOC, Inc, has been awarded market commitments to deliver 157 MW of demand response resources in the Forward Capacity Market by the Independent System Operator for New England (ISO-NE). With this award, Enel also enters the demand response market of US states Connecticut and Vermont.