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Green Mountain Valley School announces training partnership with US Ski Team

Fri, 01/13/2017 - 5:29pm -- tim

Vermont Business Magazine Green Mountain Valley School (GMVS) today announced a comprehensive training partnership with the United States Ski and Snowboard Association (USSA) that designates GMVS as both a US Ski Team Development Site, and as a US Ski team High Performance Center. The US Ski Team designations are the result of an ongoing USSA initiative to develop a pipeline of elite skiing talent, while formalizing its partnership programs with leading academic and training institutions, of which GMVS is one.

Norwich University Regimental Band to perform in the 58th Presidential Inauguration

Fri, 01/13/2017 - 4:45pm -- tim

Vermont Business Magazine The Norwich University Regimental Band and Drill Team, will represent the state of Vermont and perform in the 58th Presidential Inauguration, to be held on Friday, Jan. 20, in Washington, DC, for Donald J Trump. As the oldest collegiate band in the country, the Regimental Band carries on a long tradition of excellence musically, academically and militarily. Founded in 1820, the Band's motto is “Semper Zoo.”

Franklin Foods sold to German company

Fri, 01/13/2017 - 1:45pm -- tim

Vermont Business Magazine Franklin Foods Holdings, which bills itself as the world's fastest growing cream cheese company, announced today that Hochland SE, a privately-held Bavaria, Germany-based cheese company, has acquired Franklin Foods and its sister companies. Franklin Foods was founded and continues to operate in Enosburg Falls. It was previously sold, along with its brands Hahn's and All Season's Kitchen, and is now based in Florida. Franklin has taken advantage of the popularity of "Greek" style dairy products. Terms of the transaction were not disclosed.

Business Roundtable elects new leadership for 2017

Fri, 01/13/2017 - 12:41pm -- tim

Vermont Business Magazine At its 30th Annual Membership Meeting held at The Capitol Plaza, the Vermont Business Roundtable elected one new director to his first three-year term: Tom Dunn, Vermont Electric Power Company. Elected to their second three-year term were the following directors: Jill Berry Bowen, Northwestern Medical Center, Geoff Glaspie, Husky Injection Molding, Bill Shouldice IV, Vermont Teddy Bear, and John Wilking, Neville Company.

Bennington's Michael Harrington named deputy Labor commissioner

Fri, 01/13/2017 - 10:25am -- tim

Vermont Business Magazine Governor Phil Scott today announced he has appointed Michael Harrington as deputy commissioner of the Vermont Department of Labor. Before joining the Governor’s Administration, Harrington, 35, was a consultant and trainer for his family's firm, New Directions, where he helped to provide national and international companies with employee development and organizational management services. Harrington also served as the economic and community development director for the Town of Bennington.

Beau Ties Ltd of Vermont names Liz Smith and Cy Tall new leaders

Fri, 01/13/2017 - 10:24am -- tim

Vermont Business Magazine With the naming of a new executive leadership team, Beau Ties Ltd of Vermont has also renewed its commitment to Middlebury. Beau Ties Ltd has named Elizabeth Smith and Cy Day Tall as the company’s new Co-President/CEO. The pair will assume leadership over all corporate functions including merchandising, operations, production, marketing, technology, finance and sales.

Weekly unemployment claims take steep drop

Fri, 01/13/2017 - 9:50am -- tim

Vermont Business Magazine Weekly unemployment claims fell nearly 600, as post-holiday employment levels returned to a more stable level. The holidays produce wild swings in these numbers, as retailers, especially, hire then lay off workers in short order. By industry, Construction reported the most claims last week. In an average week, Services usually have the most claims. 

For the week of January 7, 2017, there were 940 claims, down 591 from the previous week's total and 215 fewer than than they were a year ago (1,155).

Homeland Security proposes rulemaking to reform flawed EB-5 program

Fri, 01/13/2017 - 7:35am -- tim

Vermont Business Magazine The Department of Homeland Security released on Thursday a Notice of Proposed Rulemaking that, once implemented, will make significant improvements to the EB-5 Regional Center Program. The proposal would raise the minimum investment levels for the first time since the EB-5 program was created in 1990, and it would restrict the ability of high-end real estate developers to take advantage of development incentives intended for distressed areas.

Entergy, NY officials agree on Indian Point closure in 2020-2021

Thu, 01/12/2017 - 1:10pm -- tim

Vermont Business Magazine The owner of the shuttered Vermont Yankee nuclear plant in Vernon wants to get out of the merchant power business entirely. The two operating units at the Indian Point Energy Center will close in 2020-2021 after powering New York for more than four decades, according to Entergy Corp. The early and orderly shutdown is part of a settlement under which New York State has agreed to drop legal challenges and support renewal of the operating licenses for Indian Point, located in the Village of Buchanan in northern Westchester County.

Going beyond borders (India and Cuba) at NOFA-VT’s 35th Annual Winter Conference

Thu, 01/12/2017 - 12:45pm -- tim

Vermont Business Magazine The Northeast Organic Farming Association of Vermont (NOFA-VT) has attracted two international giants in the food and farming world to speak at the 35th annual winter conference on February 18-20 at University of Vermont. Dr Fernando Funes Monzote of Cuba and Dr Vandana Shiva of India will both bring a message of resilience, hope, and the power of people to make slow—but radical—change. 

Burlington middle schools awarded $40,000 from Verizon for makerspaces

Thu, 01/12/2017 - 12:25pm -- tim

Vermont Business Magazine Lyman C Hunt and Edmunds Middle Schools have been awarded grants from Verizon Innovative Learning for $20,000 each, for the creation of makerspaces at their respective schools, the Burlington School District announced today. Schools nationwide applied for the grant, which will be used to design a space where people can go to create, invent and learn in a do-it-yourself and hands-on setting.

Logic Supply releases 4G LTE modem for industrial PCs

Thu, 01/12/2017 - 9:14am -- tim

Vermont Business Magazine Logic Supply, based in South Burlington, has released its new, embedded “Extrovert” modem, which it says fills the market demand for pre-certified 4G LTE connectivity for industrial PCs. It markets it as a pre-certified, out-of-the-box solution that overcomes expense, time, and expertise barriers to carrier connectivity.