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Rock Paper Scissors Tournament raises $16,000 for ANEW Place

Thu, 09/29/2016 - 1:40pm -- Denise Sortor

Vermont Business Magazine The Rock Paper Scissors Tournament, presented by VSECU, energetically raised $16,000 for ANEW Place, a homeless service organization in Burlington that provides long-term solutions for homeless men and women to transform and start anew. The throwdown took place on September 21st and was hosted by the BTV Airport. In addition to dozens of spectators, over 65 contestants came out to battle it out for the grand prize.

Reynolds and Son, Inc acquires Plimpton Tool Company, Inc

Thu, 09/29/2016 - 1:35pm -- Denise Sortor

Vermont Business Magazine Reynolds and Son, Inc (www.reynoldsandson.com), Vermont’s largest privately-owned industrial supply company, announced the acquisition of Plimpton Tool Company, Inc, of Springfield, Vermont. The transaction was officially concluded on August 30, 2016. Reynolds and Son President and owner Todd Goulette commented “This acquisition will add 40 new cutting tool manufacturers to our existing cutting tool category.

Merchants Bank donates 2010 Honda CRV to Good News Garage

Thu, 09/29/2016 - 1:27pm -- Denise Sortor

Vermont Business Magazine On Tuesday, September 13, 2016, Merchants Bank's Senior Vice President, Anita Bourgeois and Vice President, Erika Baldasaro handed over keys to the bank's 2010 Honda CRV to Good News Garage in Burlington. "With less than 28,000 miles, this vehicle is sure to help a deserving family for many years to come," stated Anita Bourgeois. "We are elated to be donating this vehicle to Good News Garage.

Trustees unanimously approve merger of Johnson and Lyndon State colleges

Thu, 09/29/2016 - 12:31pm -- tim

Vermont Business Magazine Today, as expected, the Vermont State Colleges System Board of Trustees voted unanimously to unify Johnson and Lyndon State Colleges into a single accredited college with two distinctive campuses, following preliminary approval at its July 22, 2016 meeting. The Board’s decision to create a larger, stronger institution is intended to expand opportunities for students, strengthen institutional finances, and ensure continued access to high-quality, postsecondary education in the northern region of Vermont.

Wind developer plans changes to Stiles Brook proposal

Thu, 09/29/2016 - 12:29pm -- tim

by Mike Faher/The Commons The controversial Stiles Brook Wind Project proposal is about to change. Developer Iberdrola Renewables has scheduled two public meetings to discuss revisions to the project’s size and its economic impacts. Currently, plans call for a 28-turbine wind energy site that would be Vermont’s largest. The sessions are scheduled for 6 pm to 8 pm October 4 at Windham Elementary School, and 6 pm to 8 pm October 5 at Grafton Elementary School.

Vermont AG won't investigate campaign finance complaint against Scott

Thu, 09/29/2016 - 12:29pm -- tim

Vermont Business Magazine The Vermont Attorney General’s Office has concluded that the facts presented in a complaint which merely suggested the general possibility of a Vermont campaign finance law violation were not sufficient to trigger a civil investigation. The complaint theorized that three video advertisements run by A Stronger Vermont, an independent-expenditure-only political committee, featuring film footage of gubernatorial candidate Phil Scott were unlikely to have been made without coordination with Lieutenant Governor Scott.

Entergy unloading Brattleboro Vermont Yankee properties

Thu, 09/29/2016 - 12:20pm -- tim

by Mike Faher/The Commons Entergy is selling its Brattleboro properties, including a former office complex and training center that had supported the Vermont Yankee nuclear plant. On one hand, it’s yet another sign of the end of the Vermont Yankee era. The structures were vacated this past spring, more than a year after the Vernon plant ceased producing power. On the other hand, local officials view the sale as a chance to spur economic development. In all, more than 66,000 square feet of industrial building space is available on roughly 8 acres of land situated not far from Exit 3 of Interstate 91.

Vermont has draft agreement with feds for all-payer health care model

Thu, 09/29/2016 - 10:17am -- tim

by Michael Bielawski and Emma Lamberton Vermont Watchdog  Governor Peter Shumlin announced Wednesday that his administration has a draft agreement with the federal government to make Vermont the first state to adopt an all-payer health care model. Since failing to create a single-payer health care system that would have cost Vermonters $2.6 billion in new taxes, Shumlin has been working on a slightly more modest proposal to change how health care services are paid. Under the draft agreement with the feds, Centers for Medicare and Medicaid (CMS) authorizes Vermont to create an All-Payer ACO Model. The plan is described as “a test” to see if health care quality can be improved by tying payment for that care to health outcomes instead of individual health procedures, the current fee-for-service payment model.

Dorset solar installer partners with German firm for home electric storage

Thu, 09/29/2016 - 10:08am -- tim

Vermont Business Magazine Grassroots Solar of Dorset has announced an exclusive partnership with industry leader sonnenBatterie, Inc, an energy storage solution company based in Germany. A dominant player in Europe, sonnenBatterie has recently entered the US market. The sonnenBatteries work with new or existing solar systems to store excess power, feed the household’s electrical needs when the power is out, and allow homeowners to reduce or eliminate their use of electricity from the grid during peak periods.

Phil Scott presents healthcare plan to make exchange more affordable

Thu, 09/29/2016 - 9:55am -- tim

Vermont Business Magazine Phil Scott, Republican candidate for gvernor, toured Springfield Hospital Tuesday and presented his healthcare reform priorities to a group of Dartmouth-Hitchcock Medical Center employees as part of the hospital’s Health Policy Grand Rounds series. Scott told the group of healthcare professionals and administrators that he’s running for Governor to strengthen the economy, make Vermont more affordable and to restore faith and trust in state government, explaining that getting healthcare reform back on track is central to these goals.

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