Vermont Business Magazine Governor Phil Scott's office and the teacher's union are exchanging heated words over how to hold down school spending by reducing health insurance costs. The governor wants the teachers to collectively negotiate with the state over health insurance plans, while the teachers union insists on maintaining that health plans be dealt with locally. Both sides agree that health insurance premium increases have been a major driver of school budget increases.
Vermont Business Magazine Starting on Monday, April 24, the College Street Garage will be closed as it undergoes necessary structural repairs. Work will begin under the management of Structure Preservation Systems, LLC. Over the next four months $2.1 million in repairs and improvements will be completed at the College Street Garage. The City of Burlington expects to preserve the garage to allow for at least 20 more years of use as a parking facility as a result of this investment.
Vermont Business Magazine Darn Tough Vermont, the fastest growing American manufacturer of premium performance outdoor and lifestyle socks, announced today that its multi-quarter growth run continues with first quarter revenue up 28 percent year-over-year. Company performance increased across all categories, the company said in a press release, indicating that the brand’s unconditional lifetime guarantee and Vermont, USA-based manufacturing continues to resonate with consumers demanding quality socks.
Vermont Business Magazine An initiative of the Rutland Redevelopment Authority (RRA) and the City of Rutland to improve aesthetics and safety along one of the key gateways into downtown is ready to commence. The Gateway Improvement Project construction contract has been awarded to Parker Excavation, of New Haven, VT. Work is set to begin in mid-June and is expected to be completed by the end of August.
Vermont Business Magazine Composting sometimes gets a bad rap. Some fear that it's smelly. And many composters are, shall we say, less than easy on the eye.
Vermont Business Magazine TransCanada Corporation (TSX: TRP) (NYSE: TRP) announced in a press release today that it has completed the sale of its hydroelectric generation assets to Great River Hydro, LLC, an affiliate of ArcLight Capital Partners, LLC for US $1.065 billion. The sale includes 13 hydroelectric facilities, stations and associated dams and reservoirs on the Connecticut and Deerfield Rivers. The assets are located in New Hampshire, Vermont and Massachusetts with a total generating capacity of 584 megawatts (Vermont Yankee's output was 605 MW). The bulk of this generation is on the Connecticut River.
Vermont Business Magazine Vermont’s K-12 schools are at the forefront of implementing the Universal Recycling law and using food education and local resources to cut down on food waste. They are successfully reducing waste, managing recyclable materials and creating food scrap diversion programs in exemplary form. “In their classrooms and cafeterias, Vermont’s youth are learning important hands-on lessons about how simple and routine it can be to reduce waste, rescue food, recycle materials, and compost.
Vermont Business Magazine The Agency of Education today awarded Flexible Pathways Expansion Grants to 13 supervisory unions and school districts through Vermont. These awards will be used to support 14 projects to expand SUs/SDs’ capacity to provide meaningful, personalized learning opportunities and better clarify flexible pathways for students in Vermont. These grants represent the continued effort to support schools and communities in their efforts to implement the Flexible Pathways Initiative – Act 77.
Vermont Business Magazine Berkshire Bank Foundation is excited to announce that it has awarded $314,901 in grants and pledges to 88 nonprofit organizations through their 3 main grant programs, which focus on community and economic development, education and basic needs. The funding was awarded during the first quarter grants cycle. In 2017, Berkshire Bank Foundation implemented refined priorities focusing on specific outcomes.
Vermont Business Magazine Ahead of Saturday’s Earth Day celebrations around the state, Vermont Gas announced its support of the Intervale Center’s efforts to plant trees throughout Vermont this spring. With support from Vermont Gas and other partners, the Intervale Conservation Nursery, a program of the Intervale Center, will plant 28,000 native trees and shrubs this year as part of conservation projects aimed at improving water quality statewide.
Vermont Business Magazine Governor Phil Scott Thursday morning honored electrical lineworkers from Vermont’s electric utilities. The Governor hosted a recognition event in his State House ceremonial office during which he praised Vermont’s lineworkers for their hard work and dedication and presented a proclamation he signed on Tuesday in recognition of National Electric Utility Lineworker Appreciation Day.
Vermont Business Magazine Vail Resorts is extending its reach into Vermont. In March it announced it was buying the ski operationis at Stowe Mountain Resort for $50 million and Wednesday said it has named Inntopia, the hospitality resevation service based in Stowe, as a key partner to offer guests more real-time booking, lodging options and dynamic pricing across Vail’s brand websites. Inntopia offers the most flexible and robust advanced reservation system in existence. Vail Resorts, said, it will launch the use of Inntopia’s inventory distribution network this summer.