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VTrans, NYDOT abandon Chipman's Point as site for temporary bridge

Fri, 10/30/2009 - 12:15pm -- tim

New York State Department of Transportation (NYSDOT) Acting Commissioner Stanley Gee and Vermont Agency of Transportation (VTrans) Secretary David Dill today announced that the states will not explore the crossing between Putnam, Washington County, New York, and Chipman’s Point, Addison County, Vermont, as a potential temporary bridge site.  The states also advised motorists, pedestrians and boaters to avoid the closed Lake Champlain Bridge as a safety hazard. 

Bushways Slaughterhouse closed over alleged animal welfare violations

Fri, 10/30/2009 - 7:47am -- tim

Statement of Agriculture Secretary Roger Allbee regarding alleged animal welfare violations at Bushways Slaughterhouse: “The United States Department of Agriculture (USDA) and the Vermont Agency of Agriculture today suspended their respective licenses and thereby ceased operations at the Bushways Slaughterhouse facility in Grand Isle, Vermont.

General Dynamics awarded $13 million by US Army to produce MK19 grenade machine guns

Fri, 10/30/2009 - 7:43am -- tim

General Dynamics Armament and Technical Products has been awarded a $13 million order by U.S. Army TACOM-ARDEC for the production of MK19 grenade machine guns. Deliveries are expected to begin in June 2010 and will be completed by late 2011. The order was made under a contract initially awarded in September 2008, and brings the total contract value to date to approximately $81 million. General Dynamics Armament and Technical Products is a business unit of General Dynamics (NYSE: GD).

Merchants Q3 report shows net increase

Fri, 10/30/2009 - 7:15am -- tim

Merchants Bancshares, Inc (NASDAQ: MBVT), the parent company of Merchants Bank based in Burlington, Vermont, has announced net income of $3.71 million and $8.68 million, or diluted earnings per share of $0.61 and $1.42, for the quarter and nine months ended September 30, 2009, respectively. This compares with net income of $3.31 million and $8.85 million, or diluted earnings per share of $0.55 and $1.46, for the third quarter and first nine months of the previous year, respectively.

Champlain Bridge commuters still face long trips, expenses eased with free bus and ferry services

Fri, 10/30/2009 - 7:06am -- tim

Commuters and residents traveling between Addison County and New York now have several options for getting to and from their workplace or residence. All public transportation services are now free, minimizing the financial impact for many workers and employers. However, long travel times still exist for many. Below is a summary of the services currently in operation. More details and links to schedules are available at the website the Addison County Chamber of Commerce is maintaining:

Redstone receives housing endorsement for Banknorth Block

Thu, 10/29/2009 - 9:10am -- tim

Redevelopment of Burlington’s Banknorth Block, which is planned to be complete with the plan for addition of a 125-room hotel, 36-unit apartment building, and 238 space parking garage in the mid-block, has received Housing Endorsement from the Vermont Smart Growth Collaborative.
“This project received a high score from our review committee,” said Smart Growth Vermont Executive Director Noelle MacKay, “due to its mixture of housing types, integration of a mixture of uses, proximity to key services, access to transportation options and infill development of a key city block.”

Vermont Air National Guard one of 10 finalists to base F-35 joint strike fighter

Thu, 10/29/2009 - 9:05am -- tim

Senator Patrick Leahy and the Vermont Congressional Delegation – Leahy (D), Senator Bernie Sanders (I) and Representative Peter Welch (D) -- announced Thursday that the Secretary of the Air Force has selected the Vermont National Guard in Burlington as one of 10 final candidates to base the F-35 Joint Strike Fighter. The Air Force conducted a system-wide review of more than 200 locations before selecting Burlington and nine other bases as finalists for either the training or primary operations of the F-35.

Burlington gets $1.3 million to rehab foreclosed homes

Thu, 10/29/2009 - 9:01am -- tim

The state has awarded more than $1.3 million to the City of Burlington to purchase and rehabilitate foreclosed homes and convert a New North End building into affordable housing. In a ceremony at City Hall, Lieutenant Governor Brian Dubie presented the $1,330,600 Neighborhood Stabilization Program grant, funded by the federal government in response to the mortgage foreclosure crisis that gripped the country last year, to city officials.

Vermont grants $4.3 million to 10 communities to create jobs, build affordable housing

Wed, 10/28/2009 - 11:10am -- tim

A multimillion dollar factory in Barre Town that will produce components for electric and hybrid cars and a blighted public housing project in Rutland were among the winners of $3.6 million in grants awarded by the state of Vermont Wednesday. At a ceremony at the Forest Park housing complex, which is receiving $750,000 for rehabilitation, Lieutenant Governor Brian Dubie announced Vermont Community Development Program grants to 10 Vermont communities.

Weekly unemployment claims escalate

Wed, 10/28/2009 - 10:29am -- tim

There were 1,224 new regular benefit claims for Unemployment Insurance last week, an increase of 1190 from the week before as filings continue their upward trend. The September Vermont unemployment rate is 6.7 percent, down one-tenth from August. However, economists believe that it will rise to over 7 percent by the end of this year. The current US rate is 9.7 percent. Altogether 9,981 new and continuing claims were filed, an increase of 410 from a week ago and 3,076 more than a year earlier.

CVPS, partners seek Shareheat heating crisis funds

Wed, 10/28/2009 - 9:23am -- tim

With a nip in the air, Central Vermont Public Service today kicked off the annual CVPS Shareheat fund drive to provide emergency fuel assistance to Vermonters in need.
“While fuel prices are down, unemployment figures give us great pause as we begin the heating season,” CVPS President Bob Young said.  “It’s critical that Shareheat, a vital bridge for many families, continue to be available to those in need.”
Thanks to CVPS shareholders and other business supporters, CVPS Shareheat will match contributions from the public dollar for dollar up to $140,700 this winter.