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UVM Health Network seeks insurance rate increase of less than 1 percent

Fri, 07/07/2017 - 1:37pm -- tim

Vermont Business Magazine The University of Vermont Health Network has proposed an increase in commercial insurance rates of 0.72 percent for Fiscal Year 2018, following a series of historically low requests in recent years made jointly by the UVM Medical Center and Central Vermont Medical Center. This is the second year in a row the request is under the rate of inflation, and the lowest request made by either hospital in at least 15 years.

Newport celebrates $98 million Revision helmet contract

Fri, 07/07/2017 - 11:57am -- tim

Vermont Business Magazine Governor Phil Scott, Senator Patrick Leahy and Congressman PEter Welch joined employees of Revision Military in Newport celebrating its five-year contract to provide up to 293,870 helmets to the US Army for a total value of $98 million. The contract, which awards manufacture of the Army’s Advanced Combat Helmet Generation II to Revision, was first announced in March. Since 2013, Revision’s Newport facility has expanded by 16,000 square feet and employment there has doubled to about 190 employees.

Donovan joins suit to force EPA action on toxic pesticide

Fri, 07/07/2017 - 10:40am -- tim

Vermont Business Magazine Vermont Attorney General TJ Donovan joined five other state Attorneys General seeking to intervene in a lawsuit to force federal action on a toxic pesticide, Chlorpyrifos. Chlorpyrifos, a widely-used pesticide on food crops – including those consumed by infants, young children and pregnant women – has been shown to negatively impact proper development and functioning of the central nervous system and the brain.

'Vermont This Week' travels north to Montreal

Fri, 07/07/2017 - 2:32am -- tim

Vermont Business Magazine Vermont PBS will host a special international edition of “Vermont This Week.” Premiering Friday, July 7 at 7:30 pm, the new episode will be originate in Montreal at the studios of the CTV and will zero in on the hot-button cross-border issues facing Canada and Vermont.
Joining guest host Peter Hirschfeld of Vermont Public Radio for discussion and debate will be a panel of leading Canadian journalists.

Governor’s Award for Business Excellence in Supporting Mature Workers applications

Fri, 07/07/2017 - 1:50am -- tim

Vermont Business Magazine Applications are now being accepted for the Governor’s Award for Business Excellence in Supporting Mature Workers.  Vermont’s Agency of Commerce and Community Development (ACCD) and the Department of Labor (DOL) are co-sponsoring the award and encourage any employer to consider applying for the statewide recognition.

Saint Mike’s, Peace Corps announce new Coverdell program for returning volunteers

Thu, 07/06/2017 - 3:49pm -- tim

Vermont Business Magazine Saint Michael’s College and Peace Corps on July 5 announced the launch of a new Paul D. Coverdell Fellows program housed in the College’s Applied Linguistics Department. The program offers graduate school scholarships to returned Peace Corps volunteers pursuing a Master of Teaching English to Speakers of Other Languages. All program Fellows will complete internships in underserved American communities while they pursue their studies, allowing them to bring home and expand upon the skills they learned as volunteers.

National Grid, union sign MOU for Granite State Power Link

Thu, 07/06/2017 - 2:48pm -- tim

Vermont Business Magazine National Grid and the International Brotherhood of Electrical Workers (IBEW) Local 104 today announced agreement on a Memorandum of Understanding for the construction of the Granite State Power Link (GSPL), an electric transmission project that would bring up to 1,200 megawatts of clean energy from Canada to the New England power grid. A small section of the line runs through northeastern Vermont.

State requests formal damage assessment from FEMA

Thu, 07/06/2017 - 2:11pm -- tim

Vermont Business Magazine Vermont Emergency Management (VEM) Director Erica Bornemann today asked the Federal Emergency Management Agency (FEMA) to conduct a preliminary damage assessment (PDA) in five Vermont counties impacted by severe storms from June 29-July 2. More than $2 million in damage to public infrastructure has been verified by the state, and the cost of still more damage is yet to be officially tallied. Along with general flooding, road closings and culvert washouts, the storm stopped Amtrak service when a rail bed was washed out in Hartford. Also, a section of I-89 northbound also in Hartford was closed for a short-time when a sink hole formed in the breakdown and travel lanes.

Lake Champlain flood group releases draft Work Plan

Thu, 07/06/2017 - 1:40pm -- tim

Vermont Business Magazine A few months before Tropical Storm Irene devastated much of central and southern Vermont in August 2011, rain and snow melt caused tributaries to swell, resulting in the highest-ever Lake Champlain water levels. Along with record flooding along the coasts of Vermont and New York, waters spilled north up the Richelieu River to cause vast damage in Quebec ($72 million CD). That event resulted in a cross-border study of how to mitigate future flooding. Today the International Lake Champlain-Richelieu River Study Board released its draft Work Plan.