Vermont Business Magazine The Vermont Agency of Natural Resources announced today that Walgreen Eastern Co, Inc, the owner of three Vermont Walgreens stores, was fined $20,000 for producing and selling batteries in Vermont without an Agency-approved battery stewardship plan. Under state law, manufacturers of “primary” batteries are required to identify how they will contribute to the free collection and recycling of batteries sold in Vermont. Primary batteries are defined as non-rechargeable alkaline, carbon-zinc, and lithium metal batteries.
Vermont Business Magazine Airbnb has announced that Vermont’s 3,000 active hosts earned over $17 million dollars in supplemental income in 2016 by welcoming approximately 140,000 visitors to the Green Mountain State -- a 87 percent year-over-year increase in inbound guest arrivals. The typical host in Vermont earned $5,600 last year, often using the additional funds to make rent or mortgage payments, save for retirement or repay student loans. The typical listing is occupied 23 nights per year and the average length of stay is 2.6 nights.
Vermont Business Magazine Michael S Pieciak, commissioner of the Vermont Department of Financial Regulation (DFR), announced Thursday the appointment of Christina R. Rouleau as deputy commissioner of the Insurance Division. Rouleau joined DFR in 2009 as assistant general counsel and became director of the Market Conduct Section in 2012. In that role, she managed the team that is responsible for investigating and examining insurance companies.
Vermont Business Magazine Attorney General Thomas J Donovan, Jr, and Secretary of State Jim Condos will hold a meeting of the Committee on Campaign Finance Education, Compliance and Reform on Tuesday March, 21 in the Winooski city offices at 6pm. This is the second meeting in a statewide tour of the committee. The Committee is tasked with gathering information, analyzing the current state of Vermont’s campaign finance law, and making recommendations for changes or improvements in the law and its implementation.
Vermont Business Magazine Norwich University in Northfield will once again host this year’s Vermont Science, Technology, Engineering and Mathematics (STEM) Fair on Saturday, April 1. The day-long event runs from 9 am to 4 pm, anchored in Norwich’s state-of-the-art science complex, Bartoletto Hall, with an awards ceremony in Dole Auditorium starting at 2 pm. Free and open to the public, the fair showcases the work of Vermont public, private and homeschool students in grades 5-12 who have won local science and math fair competitions. The students will display projects that tackle questions and pose solutions arising from the fields of science, technology, engineering and math (STEM).
Vermont Business Magazine Vermont Attorney General TJ Donovan has joined a coalition of states to oppose President Trump’s directive for federal agencies to reconsider vehicle emission standards. The coalition includes the Attorneys General from Vermont, Maine, Maryland, Massachusetts, New York, Oregon, Rhode Island, Washington State, the District of Columbia, as well as the Pennsylvania Department of Environmental Protection. The coalition issued the following statement:
Vermont Business Magazine After two weeks of relatively high numbers, weekly unemployment claims fell by over 300 last week and are nearly 300 fewer from the same time last year. Over the last week, the the Vermont unemployment rate and state tax revenue results have also showed positive results for the early part of 2017.
Public Assets Institute Most Vermonters do not have a big enough nest egg for retirement. In fact, for many, the nest has no egg at all. And the problem is worst for women and people of color. These were just some of the findings in a report released earlier this year by the Vermont Public Retirement Study Committee. As Public Assets documented in A Framework for Progress: Investing in Vermont’s people, infrastructure and good government, there are many barriers to saving for retirement. Nearly half of working Vermonters do not have access to an employer-based plan, people often do not enroll in plans on their own, and stagnant wages make it a struggle for many employees to save.
Vermont Business Magazine The Vermont Division for Historic Preservation and the Advisory Council on Historic Preservation are pleased to announce the recipients of the 2017 State Barn Preservation Grants. Seventeen matching grants totaling $211,369 will aid in the restoration and maintenance of significant historic agricultural buildings in ten counties around the state.
Vermont Business Magazine The president and owner of Maple Landmark was today named the 2017 Vermont Small Business Person of the Year. Michael Rainville is being recognized by the US Small Business Administration for Maple Landmark's employment growth, financial success, expansion and community involvement. Rainville is now a finalist for the 2017 National Small Business Person of the Year. Vermont's Ben Cohen and Jerry Greenfield of Ben & Jerry's Homemade were presented the national award by President Reagan in 1988.
Vermont Business Magazine Vermont Electric Cooperative (VEC) is pleased to announce that Peter Rossi has joined VEC as Chief Operating Officer (COO), a key position in VEC’s senior leadership team. As COO, Rossi will be responsible for overseeing engineering and operations for the co-op, which serves approximately 32,000 members over 2,000 square miles of Northern Vermont.
Vermont Business Magazine The members of Porter Medical Center voted unanimously at the PMC annual meeting on March 15 to approve necessary amendments to the Porter bylaws representing the final step for Middlebury hospital to complete an affiliation with the University of Vermont Health Network. The affiliation will become effective in April, and the formal community launch is planned for May 11 during National Hospital Week.