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Beau Ties Ltd of Vermont names Liz Smith and Cy Tall new leaders

Fri, 01/13/2017 - 10:24am -- tim

Vermont Business Magazine With the naming of a new executive leadership team, Beau Ties Ltd of Vermont has also renewed its commitment to Middlebury. Beau Ties Ltd has named Elizabeth Smith and Cy Day Tall as the company’s new Co-President/CEO. The pair will assume leadership over all corporate functions including merchandising, operations, production, marketing, technology, finance and sales.

Weekly unemployment claims take steep drop

Fri, 01/13/2017 - 9:50am -- tim

Vermont Business Magazine Weekly unemployment claims fell nearly 600, as post-holiday employment levels returned to a more stable level. The holidays produce wild swings in these numbers, as retailers, especially, hire then lay off workers in short order. By industry, Construction reported the most claims last week. In an average week, Services usually have the most claims. 

For the week of January 7, 2017, there were 940 claims, down 591 from the previous week's total and 215 fewer than than they were a year ago (1,155).

Homeland Security proposes rulemaking to reform flawed EB-5 program

Fri, 01/13/2017 - 7:35am -- tim

Vermont Business Magazine The Department of Homeland Security released on Thursday a Notice of Proposed Rulemaking that, once implemented, will make significant improvements to the EB-5 Regional Center Program. The proposal would raise the minimum investment levels for the first time since the EB-5 program was created in 1990, and it would restrict the ability of high-end real estate developers to take advantage of development incentives intended for distressed areas.

Casella remarkets Maine revenue bonds

Thu, 01/12/2017 - 1:14pm -- tim

Vermont Business Magazine Casella Waste Systems, Inc (NASDAQ:CWST), a regional solid waste, recycling and resource management services company based in Rutland, announced Tuesday that it has commenced the remarketing of $3.6 million aggregate principal amount of Finance Authority of Maine (“FAME”) Solid Waste Disposal Revenue Bonds (Casella Waste Systems, Inc.

Entergy, NY officials agree on Indian Point closure in 2020-2021

Thu, 01/12/2017 - 1:10pm -- tim

Vermont Business Magazine The owner of the shuttered Vermont Yankee nuclear plant in Vernon wants to get out of the merchant power business entirely. The two operating units at the Indian Point Energy Center will close in 2020-2021 after powering New York for more than four decades, according to Entergy Corp. The early and orderly shutdown is part of a settlement under which New York State has agreed to drop legal challenges and support renewal of the operating licenses for Indian Point, located in the Village of Buchanan in northern Westchester County.

Going beyond borders (India and Cuba) at NOFA-VT’s 35th Annual Winter Conference

Thu, 01/12/2017 - 12:45pm -- tim

Vermont Business Magazine The Northeast Organic Farming Association of Vermont (NOFA-VT) has attracted two international giants in the food and farming world to speak at the 35th annual winter conference on February 18-20 at University of Vermont. Dr Fernando Funes Monzote of Cuba and Dr Vandana Shiva of India will both bring a message of resilience, hope, and the power of people to make slow—but radical—change. 

Burlington middle schools awarded $40,000 from Verizon for makerspaces

Thu, 01/12/2017 - 12:25pm -- tim

Vermont Business Magazine Lyman C Hunt and Edmunds Middle Schools have been awarded grants from Verizon Innovative Learning for $20,000 each, for the creation of makerspaces at their respective schools, the Burlington School District announced today. Schools nationwide applied for the grant, which will be used to design a space where people can go to create, invent and learn in a do-it-yourself and hands-on setting.

ECI employees contribute $10,800 to three local charities

Thu, 01/12/2017 - 11:01am -- Denise Sortor

Vermont Business Magazine Engineers Construction (ECI) announced today that its employees contributed $10,800, divided equally among three local charities - Make-a-Wish Vermont, Camp Ta-Kum-Ta, and Vermont National Guard Charitable Foundation. ECI employees have a history of making charitable contributions during the holiday season and this is the largest contribution by its employees to date.

Logic Supply releases 4G LTE modem for industrial PCs

Thu, 01/12/2017 - 9:14am -- tim

Vermont Business Magazine Logic Supply, based in South Burlington, has released its new, embedded “Extrovert” modem, which it says fills the market demand for pre-certified 4G LTE connectivity for industrial PCs. It markets it as a pre-certified, out-of-the-box solution that overcomes expense, time, and expertise barriers to carrier connectivity.

TV series on Vermont's local food movement on Vermont PBS starting Jan 19

Thu, 01/12/2017 - 6:50am -- Denise Sortor

Vermont Business Magazine Vermont PBS and The Skinny Pancake are pleased to announce The Local Motive, a new, six-part television series that explores Vermont’s Farm to Plate food system, the most comprehensive local food system plan in the country. The Local Motive will air on Vermont PBS starting Thursday, January 19, 2017.

Green Mountain College announces $200,000 Sustainability Scholarship Award

Thu, 01/12/2017 - 5:28am -- tim

Vermont Business Magazine Attention, high school seniors: The most pressing challenges of our time await your innovative solutions. Green Mountain College, the nation's number-one college for sustainability based education, wants to empower you to make a better world. The college has announced a new First in Sustainability Scholarship Award for one student who is passionate about ensuring social, economic and/or environmental sustainability. The winning student will receive free tuition, room, board and fees for all four years at Green Mountain College—a total value of $200,000.