by C.B. Hall & Timothy McQuiston, Vermont Business Magazine One of the more noteworthy trains to visit Burlington in recent memory arrived in the city's South End Monday. Pulled by two Amtrak locomotives, 18 privately owned passenger cars reached the Queen City, at the midpoint of a long excursion through New York State and New England, for the annual convention of the American Association of Private Railroad Car Owners (AAPRCO).
Vermont Business Magazine Mayor Miro Weinberger revealed today today the Letters of Intent and details regarding the Burlington Telecom bid finalists. The one local bidder KBTL ("Keep Burlington Telecom Local") was the lowest bidder and came with strings attached that the head of the advisory board believes are not viable going forward. The bid from the Canadian company Ting was $27.5 million; Schurz from Indiana was $30.8 million; and KBTL was $12 million, with $10.5 million in cash and another $10 million in debt at 14 percent interest. All the bidders offered a way for the city to retain a minority stake in the "new" BT. KBTL would run the fiber-based telecom as a co-op, which would include current subscribers. BT provides Internet, phone and television service.
Small Business Administration Tucked away on the back side of a building on Depot St. in Lyndonville, VT, the founder of a small business sits in his office trying to figure out how his company is going to cover more than 3,000 sporting events this coming school year. On average that equals out to be eight games a day. On September 29, Northeast Sports Network is slated to cover and stream 29 different games. It is quite the leap for an online sports network that started out in a basement in 2006.
Vermont Business Magazine FirstLight, a leading fiber-optic bandwidth infrastructure services provider operating in the Northeast, announced today that it has completed the acquisition of Finger Lakes Technologies Group. FirstLight acquired Bellows Falls-based Sovernet last March. This latest acquisition is just one of several that FirstLight has successfully completed during the last twelve months, as FirstLight acquired and combined operations with both Oxford Networks and Sovernet Communications and also announced the acquisition of 186 Communications, which is pending regulatory approval. Financial terms of these transactions were not disclosed.
Vermont Business Magazine ALARA is putting out a call for proposals to contribute to the global body of experiential learning knowledge that brings about meaningful change through new understandings and building of communities of practice through action learning and action research (AL/AR).
Vermont Business Magazine Vermont’s congressional delegation announced Tuesday that the Vermont Agency of Transportation (VTrans) will receive a $480,000 federal grant from the US Department of Transportation to purchase two electric buses that will be used by Green Mountain Transit in Burlington. In June, the Vermont delegation wrote to Transportation Secretary Elaine Chao in support of the grant.
Vermont Business Magazine Attorney General TJ Donovan announced today that a bipartisan coalition of 41 attorneys general from across the country have expanded their demands for information and documents from both the manufacturers and the distributors of prescription opioid drugs. Recent efforts by the bipartisan coalition of attorneys general represent an expansion into the investigation of the nationwide opioid epidemic.
Vermont Business Magazine American Lung Association in Vermont turned out over 80 participants, including 20 firefighters for the 9th annual Fight for Air Climb at the Bennington Battle Monument. Participants walked jogged or raced up 412 stairs to raise awareness and funding for lung disease research during the Civilian Challenge and a timed Firefighter Challenge, where 20 local firefighters raced to top while wearing full fire-fighting gear, weighing approximately 50 lbs.
Vermont Business Magazine Mt Ascutney Hospital and Health Center (MAHHC) will hold their 25th Anniversary Rehabilitation Reunion on Tuesday, September 19 from 2-4 PM at the Acute Rehabilitation Center at the Hospital, located at 289 County Road in Windsor. The annual public event will honor and celebrate those who have completed physical rehabilitation as it brings together former patients, their families and the MAHHC caregivers who have been instrumental in their recoveries.
Vermont Business Magazine Wake Robin, Vermont’s first Life Plan Community, held a groundbreaking September 15 in Shelburne for the Maple Expansion Project, which includes construction of a new apartment building, an expanded community center, and expansion and updates to the Linden Health Center. Construction is underway on the 122,000 square foot project. New apartment residents will begin moving in in fall 2018 and the entire project is expected to be completed by July 2019.
Vermont Business Magazine In August, King Arthur Flour celebrated a milestone achievement in the launch of its line of Essential Goodness baking mixes: the donation of more than one million meals to Feeding America with its Buy a Mix, Give a Meal program. Introduced in summer 2016, the mission behind the Essential Goodness baking mixes is an extension of King Arthur Flour’s broader mission: To share the joy of baking, and in doing so, build stronger communities and increase access and connection to real foods across the United States.
Vermont Business Magazine Green Mountain United Way celebrates the community and the spirit of Giving with their Annual Kickoff Breakfast and Volunteer Day on Thursday, September 21 in downtown Barre. Local community, business, and nonprofit leaders will join Green Mountain United Way’s staff and board at 7:30 am for the breakfast, held this year at the Blanchard Block’s 3rd floor in downtown Barre to hear keynote speaker Ted Brady, Deputy Director at the Agency of Commerce and Community Development.