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NEFCU gives $20,000 to Franklin County organizations

Fri, 02/13/2015 - 4:09am -- tim

New England Federal Credit Union (NEFCU), as part of its ongoing mission of community support, recently made contributions to four important Franklin County organizations. “NEFCU is committed to giving back to the communities that support us,” noted Senior Marketing Executive Cindy Morgan. “We appreciate the opportunity to help these four wonderful organizations fulfill their helping missions.”

Recipients of $5,000 donations included:

  • Franklin-Grand Isle United Way

  • Franklin County Home Health Agency

Weinberger releases white paper outlining Burlington’s early learning challenges and pilot solution

Thu, 02/12/2015 - 4:36pm -- tim

Mayor Miro Weinberger, accompanied by Governor Peter Shumlin and other community leaders, today announced a partnership with the Permanent Fund for Vermont’s Children, the State Department of Health, the Burlington School District (BSD), and the Visiting Nurse Association (VNA) to create and implement a major new Burlington Early Learning Initiative. The initiative is focused on improving kindergarten readiness for Burlington children, reducing special education and other public spending over time, and breaking the cycle of multi-generational poverty.  

Vermont Castings parent HNI reports FY 2014 results, increase in sales

Thu, 02/12/2015 - 4:18pm -- tim

HNI Corporation (NYSE: HNI), the new parent company of Vermont Castings, today announced sales for the fourth quarter ended January 3, 2015, of $646.7 million and net income of $7.1 million, or $0.16 per diluted share.  Non-GAAP net income per diluted share improved 30 percent from the prior year quarter to $0.65, which excludes restructuring charges, goodwill and intangible impairment, transition costs and gain on sale of assets. 

Phil Scott, Franklin County Chamber announce 'Economy Pitch'

Thu, 02/12/2015 - 4:05pm -- tim

Fresh off of two productive events featuring Vermont businesses, Lieutenant Governor Phil Scott is partnering with the Franklin County Regional Chamber of Commerce and other regional organizations to host the “Franklin and Grand Isle County Economy Pitch” on February 16, 2015. During the two-hour session at the St Albans Historical Museum, legislators and the general public from the Franklin County/Grand Isle region will hear representatives of the region’s business community propose steps lawmakers could take which will, in the eyes of businesses, have a positive impact on the State’s econ

Secretary of State Jim Condos reminds Vermonters of early voting for Town Meeting Day

Thu, 02/12/2015 - 3:38pm -- tim

Secretary of State Jim Condos would like to remind all eligible, Vermont voters that early voting is now open for Town Meeting Day. Early voting only applies to those towns that vote by Australian ballot. “Town Meeting Day can be a great opportunity for community members to come together, discuss the issues that are specific to their particular locality, and have important debates before voting.

Data startup Faraday scales up in Vermont with new hires, funding

Thu, 02/12/2015 - 3:08pm -- tim

Vermont Governor Peter Shumlin announced today that "Big Data" enterprise software provider Faraday closed $750,000 in new funding and has doubled its staff to 13 people. Faraday plans to hire an additional 20 employees in 2015, mostly in Vermont, given increasing demand for its data-driven customer recruiting platform.

Leahy joins in introducing bipartisan bill to lift Cuba trade embargo

Thu, 02/12/2015 - 3:02pm -- tim

Senator Patrick Leahy (D-VT) Thursday joined a bipartisan coalition of senators in introducing major legislation to lift the Cuba trade embargo. The bill is sponsored by Senator Amy Klobuchar (D-Minn.) and cosponsored by Leahy and Senators Mike Enzi (R-WY), Debbie Stabenow (D-MI), Jeff Flake (R-AZ), and Dick Durbin (D-IL). Their bill would eliminate the key barriers to Americans doing business in Cuba.  

USDA Rural Development invested more than $125 million in Vermont communities, businesses and homes in 2014

Thu, 02/12/2015 - 1:10pm -- tim

The United States Department of Agriculture (USDA) announced Wednesday that Vermont communities, families and businesses benefited from $125 million in USDA Rural Development (RD) grants, loans and loan guarantees in Federal Fiscal Year 2014.

Vermont State Colleges board chooses Dr Elaine Collins next president of Johnson State College

Thu, 02/12/2015 - 12:37pm -- tim

The Vermont State Colleges Board of Trustees voted today to hire Dr Elaine Collins as the next president of Johnson State College. Dr Collins is currently Dean and Chief Operating Officer of the College of Education at Grand Valley State University in Allendale, Michigan. Prior to that, Collins served as Vice President of Arts and Sciences at West Shore Community College, and Interim Vice President of Academic Affairs at Massachusetts College of Liberal Arts. A first generation college student, Dr Collins holds a PhD in Education Policy and Leadership.

UVM Health Network launches program to move all patients safely and reduce workplace injuries

Thu, 02/12/2015 - 12:24pm -- tim

The University of Vermont Health Network – Central Vermont Medical Center has made a significant investment in safe patient handling and mobility which will also reduce staff injuries and improve how we care for our patients. The program named Moving All Patients Safely, or MAPS, addresses a problem that is prevalent in health care facilities across the country – sicker patients and larger patients. Out-patient services have expanded and patients in hospitals are those who are too sick to go through an out-patient department.

Entergy makes first withdrawal from decommissioning fund

Thu, 02/12/2015 - 12:08pm -- tim

by John Herrick The owners of the Vermont Yankee nuclear power plant made their first withdrawal last week from a trust fund reserved for decommissioning the facility. Louisiana-based Entergy removed $12 million from the decommissioning fund February 4 to pay for the first phase of decommissioning planning, which includes evaluating the site, preparing reports and other planning work, company officials said Wednesday.

Vermont Department of Taxes to resume issuing refund checks

Thu, 02/12/2015 - 10:57am -- tim

The Vermont Department of Taxes will resume issuing tax refund checks beginning Thursday, February 12. As a precaution, the department temporarily halted all refunds late last week in order to further investigate a surge in tax refund fraud reported by other states. The increase in refund fraud is not related to any security breach of Vermont government systems but rather the use of identities stolen elsewhere.