Current News

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John Davis & Associates Announces its New Web Site

Wed, 03/12/2003 - 8:00pm -- tim

John W Davis, CPA and principal of John Davis & Associates, CPAs, expressed his enthusiasm for the web site created by Earthlogic Media Technologies. "With this attractive, easy-to-use, informative new web site the firm has demonstrated keenly the power of web technology to work for the accounting industry. I like the sections with the latest news and financial calculators, the page of many business resource links, but perhaps most of all, the CPA profiles page allowing our clients to know personally who they are working with."

Panel of Vermont CEOs to discuss how responsible public companies handle the issues of Enron+1

Wed, 03/12/2003 - 8:00pm -- tim

How Do Responsible Public Companies Handle the Issues of Enron+1?
A panel of Vermont CEOs will explore critical themes in a town-meeting-style open discussion
§ Sarbanes-Oxley Corporate Reform Bill

§ Accountability – accounting and auditing

§ Board of directors and the auditing committee

§ Unresolved issues
Moderator

· Scott Pardee, Alan R. Holmes Professor of Monetary Economics, Middlebury College
Panelists

· Joe Boutin, President and CEO, Merchants Bank

· Edwin Colodny, CEO (Retired), USAIR; Acting CEO,

Raising the Bar. Thriving by Continuous Improvement

Wed, 03/12/2003 - 8:00pm -- tim

Raising the Bar. Thriving by Continuous Improvement
A One-Day Introduction to Performance Excellence Thursday, April 3rd, 9:00 a.m. to 4:30 p.m.
EXPLORE AND LEARN ABOUT:
Strategic Planning: Learn how to align decisions, improvement efforts and daily operations to attain the strategic results you require.
Leadership: An effective leadership system sets the course and climate for the organization and inspires others to "make it happen." Find out how to transition from reactive managing to energizing, proactive leadership.

SBA Lifts $500,000 Loan Cap

Tue, 02/25/2003 - 8:00pm -- tim

Administrator Hector V. Barreto of the U.S. Small Business Administration lifted a 5-month cap on SBA-backed loans and invited participating lenders to resume submitting applications for guaranteed loans up to the $2 million statutory limit.
The decision was made today after President Bush signed recently adopted legislation that allows the agency to implement its revised econometric subsidy model, which more accurately forecasts the actual costs of the 7(a) loan program. The model will be applied retroactively to the beginning of the current fiscal year.

Sonnax to Purchase Ben & Jerry's Warehouse

Tue, 02/25/2003 - 8:00pm -- tim

Sonnax has entered into a contract to purchase the Ben & Jerry's
Distribution Warehouse in Bellows Falls, VT.
Closing for the transaction
is scheduled for Oct. 1, 2003. Reconfiguration and renovation will take
approximately two months after the closing, and they expect to be fully
operational in December of 2003.
All finished goods ready for sale will be
located in the new facility. In addition, the Engineering Department and a
new Technical Center for the development of new products will be based in

Union Bankshares, Inc Announces Planned Merger of Subsidiary Banks

Mon, 02/24/2003 - 8:00pm -- tim

Union Bankshares, Inc (AMEX-UNB) announced the planned merger of its two subsidiary banks, Union Bank, Morrisville, Vermont and Citizens Savings Bank and Trust Company, St Johnsbury, Vermont, under the name and banking charter of Union. Union Bankshares acquired Citizens in December of 1999. Since the acquisition, each subsidiary bank has operated semi- autonomously under the bank holding company.

Needs Survey to Help Vermont Small Businesses

Sun, 02/23/2003 - 8:00pm -- tim

The Vermont Small Business Development Center is seeking input on business needs in Vermont. Using a new online survey, SBDC will tally the responses to help develop programs and training to better serve small businesses.
The Vermont Small Business Development Center, with headquarters at Vermont Technical College in Randolph, has regional offices throughout the state providing comprehensive and free business counseling.

River Valley Tech Center works with Okemo

Sun, 02/23/2003 - 8:00pm -- tim

It takes a carefully crafted team of more than 1,200
employees to keep the resort operations at Okemo Mountain running smoothly
12 months out of the year. A dedicated workforce of professionals who are
experts in their fields fill a variety of positions that include indoors
and outdoors, full-time and part-time.
Okemo's Vermont student workforce is an integral part of the overall operation. But, when the local school systems do not share the same
holiday vacation week as the rest of the eastern states, Okemo's Human

Vermont Chamber Publishes “Top Ten” Economic Development Recommendations

Tue, 02/18/2003 - 8:00pm -- tim

The Vermont Chamber is pleased to present the Top Ten Economic Development Initiatives for 2003. Printed on a double-sided card, the recommendations present the legislative priorities of the Vermont business community in an accessible format, addressing: Permit Reform, Workforce Development, Recruiting and Marketing, Telecommunications, Cost of Doing Business, Infrastructure, Business Assistance, Financing Incentives, Energy, and Tax Policy.

Equinox Named One of the Worlds Best Hotels

Thu, 02/13/2003 - 8:00pm -- tim

General Manager Gary Thulander announced
today that the Equinox Resort & Spa has been named one of the World’s 500
Greatest Hotels by Travel & Leisure Magazine. The Travel & Leisure 500
is composed of the 500 hotels that have received the highest overall
scores from the 2002 World’s Best Awards survey, taking into consideration
rooms/facilities, location, service, restaurants/food and value. “We are
thrilled to be recognized as one of the elite properties in the World,”

VBA Announces New President

Thu, 02/13/2003 - 8:00pm -- tim

Peter Crosby, chairman of the Vermont Bankers Association announced that Christopher D'Elia has been appointed to the position of president of the VBA. D'Elia replaces Timothy Hayward who left the VBA after 18 years of service to become Chief of Staff for Governor Jim Douglas.

The Vermont Interpreter Referral Service Marks 10 Year Anniversary

Wed, 02/12/2003 - 8:00pm -- tim

The Vermont Interpreter Referral Service (VIRS) is
celebrating ten years of providing interpreting services for Vermonters.
The Vermont Interpreter Referral Service was founded October 1,1992. It
has grown steadily as awareness of the Service, its effectiveness, and the
implications of the landmark federal legislation, Americans with
Disabilities Act (ADA), also enacted in 1992, have grown.
VIRS provides state-wide interpreter and CART referral services for
American Sign Language (ASL)/English interpreting assignments in settings

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