Governor Jim Douglas today announced he will be leading a delegation of Vermont employers to Asia next month to promote investment through the EB-5 Investor Program. The Vermont EB-5 Regional Center is run through the Agency of Commerce and Community Development and has raised over $100 million in new capital for companies and projects in Vermont.
With both the Rural Energy Savings Program Act today moving out of the US House and into the US Senate and the Small Business Job Creation Act moving the other way, two bills heavily supported by Vermont's congressional delegation are moving closer to becoming law. The jobs bill especially has been contested for several months.
With Representative Peter Welch’s support, the US House passed legislation that will support rural America by creating 20,000-40,000 jobs, investing in energy efficiency upgrades and saving 1.6 million families on their energy bills.
IBM (NYSE: IBM) today announced innovative new chip-making technology for power-management semiconductors – the company’s first foray into a segment seen as critical to the development of alternative energy sources, smart buildings and new consumer devices. The new chips for this "Smart Planet" infrastructure will be manufactured at IBM's plant in Essex Junction starting in the first half of 2011.
The US Small Business Administration (SBA) is accepting nominations for the 2011 Vermont Small Business Awards. Each year, SBA showcases and recognizes successful and inspiring small business owners and business champions.
Nominators may submit a one-page nomination letter, in any format, to the SBA Vermont District Office by October 15, 2010. Candidates who advance to the final selection stage will be asked to submit a nomination packet. State winners are eligible to compete for regional and national honors.
The Senate Judiciary Committee Thursday unanimously approved bipartisan legislation to repeal exemptions to the Freedom of Information Act (FOIA) for the Securities and Exchange Commission (SEC) that were enacted as part of the Wall Street reform bill, which was signed into law in July. The legislation is sponsored by Committee Chairman Patrick Leahy (D-VT), and Committee members Chuck Grassley (R-IA), John Cornyn (R-TX), and Ted Kaufman (D-DE).
Ken Gibbons, President and CEO of Union Bank, today announced the opening of a new Union Bank Loan Center at 30 Kimball Avenue in South Burlington. The office will focus on residential mortgage loans in Chittenden County initially, with expansion into other product areas planned.
Average retail gasoline prices in Vermont are $2.681 per gallon, as of today. This compares to the national average of $2.751/g. Burlington have fallen 2.1 cents per gallon in the past week, averaging $2.684/g, according to gasoline price website. The Vermont site with actual gas station reports can be found at www.vermontgasprices.com. The Burlington area report can be found at www.BurlingtonGasPrices.com.
For the week of September 11, 2010, there were 674 new regular benefit claims for Unemployment Insurance, an increase of 46 from the week before. Altogether 7,378 new and continuing claims were filed, a decrease of 724 from a week ago and 2,426 fewer than a year earlier. The Department also processed 2,681 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 68 fewer than a week ago. In addition, there were 1,385 Second Tier claims for benefits processed under the EUC08 program, which is an increase of 15 from the week before.
Senator Patrick Leahy (D), Senator Bernie Sanders (I), and Congressman Peter Welch (D) today announced a new report detailing the American Recovery and Reinvestment Act’s impact on Vermont’s clean energy economy.
The City of Burlington announced today that an election schedule for the upcoming November General Election to be held on November 2, 2010 has been posted on the City website as well as at the Clerk Treasurer’s Office in City Hall. In addition to the various State-wide offices which will be decided in the November election, voters in Ward 3 will go to the polls for a special election to choose a City Councilor to fill the remainder of the term of former Ward 3 Councilor Marissa Caldwell, who resigned from her seat as of August 1, 2010.
Governor Jim Douglas celebrated the State’s ranking as one of the ten best government portals and websites in the nation by e.Republic’s Center for Digital Government. This is the second year in a row that the Vermont Information Consortium (VIC), the State’s web portal vendor, has received this recognition. The Digital Government Achievement Awards (DGAA) go to outstanding websites and web portals at the state, county and city levels.
Attorney General William H Sorrell announced today that Tracy Thurston, age 40, of Fairlee, Vermont, was convicted on September 14, 2010, in Vermont Superior Court, Criminal Division, Windsor County, of four misdemeanor counts of False Pretences. The convictions stemmed from Ms. Thurston’s submission of falsified timesheets in order to obtain payment for services that were not rendered, while she was employed as a personal caregiver under a Vermont Medicaid Program.
Patrick Leahy (D-VT) announced Tuesday that Vermont has been awarded more than $1.47 million in federal grants to help victims of crime. The grants come from the Crime Victims Fund, the primary source of federal financial aid for crime victims, and are administered through the US Department of Justice.
Tech Vault Inc in South Burlington has expanded its reliable, secure and energy-efficient data center. Tech Vault, a commercial data center in Vermont, is designed to provide reliable, secure data hosting and disaster recovery services for all-sized companies in an energy-efficient and sustainable environment.
The US Senate Tuesday narrowly broke a months-long Republican filibuster by voting 61-37 to advance a small business jobs bill that will boost commercial lending and provide tax relief to small businesses in Vermont and nationwide.
US Senator Patrick Leahy (D-VT), who voted in favor of the bill, expects the Senate to give final approval to the bill on Thursday.
The October issue of Cooking Light (www.CookingLight.com) features the brand's first-ever Taste Test Awards – "The Tasties." The editors tested 200 food products and came up with the best-tasting winners in 32 categories. Twenty-six of the categories feature grocery store products while six showcase artisanal standouts. The issue hits newsstands September 17th. Vermont's Cellars at Jasper Hill Cabot Clothbound Cheddar won in the artisanal cheese category.
The 5th annual Kelly Brush Century Ride drew 675 riders and raised $275,000 for spinal cord injury prevention and research on Saturday.
The ride, which began and ended at Middlebury College in Middlebury, Vermont, included 23 participants using hand cycles. The day was postcard perfect with clear blue skies and temperatures in the 70s.
Green Mountain Coffee Roasters, Inc (NASDAQ: GMCR) announced today that it has executed a Share Purchase Agreement pursuant to which GMCR will acquire all the outstanding shares of LJVH Holdings, Inc. (“Van Houtte”), from an affiliate of Littlejohn & Co, LLC, a private equity firm headquartered in Greenwich, CT, for a cash purchase price of CAD$915 million or USD$890 million based on the exchange rate as of September 13, 2010, subject to adjustment.
The Dartmouth-Hitchcock Boards of Trustees have approved a Fiscal Year 2011 budget, intended to close a projected $50 million budget gap, which includes reducing 4 percent of the workforce and cutting its health insurance share, while maintaining the organization’s goals of high-quality, high-value, patient-centered healthcare.
Hunger Mountain Coop in Montpelier has decided that it is not in The Coop’s best interest to accept the offer from Pomerleau Realty to lease the RJ’s Friendly Market space in downtown Waterbury.
“Based on our market study and financial analysis, it was determined that it is not financially viable for The Coop to operate in that particular storefront”, explains Coop General Manager Kari Bradley. “Overhead costs were a particular challenge, as was its large retail area.”
The US Department of Energy awarded $620,000 to Northern Power Systems of Barre, Vt., to help boost the speed and scale of midsize wind turbine technology, Vermont’s congressional delegation announced today.
Sens. Patrick Leahy (D-Vt.) and Bernie Sanders (I-Vt.) and Rep. Peter Welch (D-Vt.) said the grant will accelerate the development of wind turbines manufactured in the United States.
Vermont students posted a strong showing on the 2010 College Board Advanced Placement (AP) exams and Scholastic Assessment Tests (SAT), as well as the 2010 ACT exams, ranking fifth in the nation, the Department of Education announced today.
Organizers of Rutland’s annual Gift-of-Life Marathon congratulated the city of Boston today for beating its New England-record for a one-day blood drive – and vowed to regain the record at the eighth annual event in December.
Boston, which held the record of 772 until Rutland collected 856 in 2008 and 1,024 in 2009, collected 1,177 pints Saturday at Fenway Park. Boston’s annual 9/11 blood drive is held to honor victims of the terrorist attacks in New York, Washington and Pennsylvania.
Results from the recount of the Democratic gubernatorial primary, which was completed today ahead of schedule, show that state Senator Peter Shumlin won by 203 votes. The official count just after the August 24 primary indicated he beat state Senator Doug Racine by 197 votes. Racine requested the recount because of the closeness of the initial tabulation.
The Addison County Chamber of Commerce recognized local businesses, organizations, and individuals with its annual awards during the Chamber’s annual meeting held on September 8th at Basin Harbor Club. Four awards were presented in front of a crowd of 135 attendees which included Governor Douglas, Chamber members and other local dignitaries. In addition to the award presentations, the Chamber membership voted on a new board of directors.
In the run-up to the primary, state Senator Peter Shumlin issued the following economic plan. Now the Democratic nominee, his "Vision for Vermont" can be found here.
A Vision For Vermont
Table of Contents
Single Payer Health Care to Contain Costs for Families and Businesses
21st Century Learning for a 21st Century Economy
Early Childhood Education
US Senator Bernie Sanders (I-VT) has released a report showing that low-wage jobs will provide the biggest share of Vermont employment growth through 2018.
“Unfortunately, many of the new jobs being projected for Vermont and America are low-paying jobs. We can and must do better,” said Sanders, a member of the Senate labor committee.
Sen. Bernie Sanders (I-VT) on Thursday participated in the grand opening of a new community health clinic for Northeast Kingdom veterans.
The clinic housed at Newport’s North Country Hospital will be the sixth operated by the White River Junction VA Medical Center. The other clinics serving Vermonters are in Bennington, Brattleboro, Colchester, Rutland, and Littleton, N.H. The Brattleboro clinic opened in June of this year.
Nine years after entering into a court order to settle claims of consumer fraud, Publishers Clearing House (PCH) has once again had to enter into a legal settlement with the VermontAttorney General’s Office, 31 other states and the District of Columbia.
The Vermont Democratic Party has filed a campaign finance violation complaint with the Vermont Attorney General's office against Brian Dubie and the Republican Governor's Association (RGA) based on reports that Dubie and the RGA coordinated the filming of the most recent RGA purchase on Dubie's behalf in violation of the law. Lieutenant Governor Dubie issued a strongly worded rebuttal saying it was a "cheap shot" by the "most ethically challenged member of the Legislature" who is "desperate to divert attention from his record."