Firms could create 238 jobs over next five years
MONTPELIER, Vt. - A start-up company; a long-time Vermont manufacturer; and a Canadian firm have been authorized to earn $1.7 million worth of incentives that could produce 238 new jobs over the next five years.
At its recent meeting, the Vermont Economic Progress Council gave initial approval for incentives totaling up to $795,139 for joint venture ASK-in TAG, LLC to potentially establish a facility in Essex to develop and manufacture radio frequency identification documents such as enhanced driver's licenses.
Firms could create 238 jobs over next five years
Governor Unveils New Name for the Food Stamp Program; Kicks Off Implementation of New Eligibility Criteria
30,000 Additional Households May be Eligible for "3Squares VT" Benefits
Berlin, VT- In a kick-off event to mark the roll-out of the Governor's initiative to expand program eligibility, Governor Jim Douglas, has unveiled a new name for Vermont's enahnced Food Stamp Program; beginning today, the program will be known as 3Squares VT.
Week Ending December 20, 2008
There were 1,540 new regular benefit claims for Unemployment Insurance last week, an increase of 315 from the week before. Altogether 12,384 new and continuing claims were filed, 975 more than a week ago and 3,678 more than a year earlier. In addition, the Vermont Department of Labor processed 2,641 claims for benefits under Emergency Unemployment Compensation, 2008, an increase of 61 from last week.
The Unemployment Weekly Report can be found at:
Chris Barbieri has been named Interim President of the Vermont Chamber of Commerce. Effective on January 1, 2009, he will succeed Duane Marsh, who left to become Executive Director of the Illinois Funeral Directors Association. Chris Barbieri will remain in this position until a full-time replacement is hired.
Barbieri stated, "I'm delighted to step in as Interim President. I look forward to working with our professional staff and volunteer leadership in meeting the many challenges facing Vermont's business community."
Today announced that AT&T Mobility and Consumer Markets will add nearly 75 new jobs in Vermont as a result of its completed acquisition of the Vermont assets of Rural Cellular Communications, a provider of rural and suburban wireless communications services doing business in Vermont under the Unicel brand.
Berlin, Vt -- The medical staff and administration of Central Vermont Medical Center distributed one 12 lb (approx. weight) turkey to every full time, part time and per diem employee of CVMC, in appreciation for their hard work throughout the year. "We appreciate the great care they provide our patients and residents, "said Dr. Cove, president of the medical staff.
Ten thousand pairs of top quality merino wool socks will find their way to needy Vermont youngsters this week thanks to the joint efforts of a charitable foundation affiliated with Blue Cross and Blue Shield of Vermont, a Northfield sock maker, and the state's community action agencies.
Downtown Burlington's cooperative grocery store, announces three new members to its Board of Directors: Ann Ramsay, Susan Munkres, and Wayne Warnken. The new Board of Directors will begin their three-year terms on January 1.
Ramsay, a nurse and acupuncturist, has been a Co-op member for the past three years and was also a member many years ago when the Co-op was located on Archibald Street. Ramsay is also an adjunct faculty member in the Department of Nursing at the University of Vermont where she teaches several courses in Chinese Medicine.
After hearing the testimony of those who would be affected by the Douglas Administration's proposed rescissions, the Joint Fiscal Committee determined that the state cannot solve its budget shortfall by disproportionately placing the burden on the backs of the most vulnerable Vermonters. Instead Senate President Pro Tem Peter Shumlin and Representative Shap Smith worked with members of the Joint Fiscal Committee to craft a counter-proposal that better serves Vermonters.
The Vermont Department of Labor announced today that the seasonally adjusted unemployment rate for November 2008 was 5.7 percent, up five-tenths of a point from the revised October rate and up 1.9 points from a year ago.
"The nation's economic slowdown is showing up in more sectors of Vermont's labor market" said Patricia Moulton Powden, Commissioner of the Vermont Department of Labor. "Bright spots remain in Education & Health services as well as Professional & Business services which continue to show annual growth."
Over 500 workers continued to work to restore power to the last 300 CVPS customers in Windham County Thursday morning.
"We made good progress Wednesday, and with the light so visible at the end of the tunnel, we're giving it all we've got yet again today," said spokeswoman Christine Rivers. "Each repair is still coming slow, as crews continue to spend hours to restore power one or two customers at a time, but we expect every customer outage we are aware of to be restored by late tonight. Thus we encourage customers still without power to call 1-800-451-2877."
Central Vermont Public Service and the Vermont Department of Public Service have agreed to a rate settlement that will leave customer rates flat. In November, CVPS was authorized to increase its rates by one-third of a percent, while the DPS had suggested a decrease of 0.43 percent effective Jan. 1.
Rates will remain unchanged pending Public Service Board approval of the settlement with the DPS. Accordingly, the bill for a residential customer who uses 500 kilowatt-hours of electricity per month will remain $73.11.