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State and UVM officials visit farms and food producers in Canada

Thu, 10/18/2018 - 4:56pm -- tim

Vermont Business Magazine Vermont is clearing a path for a new tasting trail that will encompass two countries, two states, and two provinces. A collaborative effort among officials from Vermont, New York, Quebec, and Ontario will link authentic farms and food experiences across the region. On Tuesday, officials from the Vermont Agency of Agriculture, Food & Markets (VAAFM), the Vermont Department of Tourism and Marketing (VDTM), University of Vermont (UVM) Extension, and the Vermont Fresh Network joined partners from around the region on a Canadian Culinary Tour to learn more about agritourism efforts and opportunities for farms and food producers.

Berkshire Hills reports 40 percent increase in 3Q earnings

Thu, 10/18/2018 - 4:49pm -- tim

Vermont Business Magazine Berkshire Hills Bancorp, Inc (NYSE: BHLB) reported third quarter 2018 net income of $32 million, a 40% increase over $23 million in the third quarter of 2017 due primarily to the benefit of business growth including expansion in Greater Boston through acquisition and business development. Berkshire Hills Bancorp is the parent of Berkshire Bank, with branches in southwestern Vermont.

Statement from Governor Scott on defending net neutrality

Thu, 10/18/2018 - 4:20pm -- tim

Vermont Business Magazine A group of national cable and telecom organizations is expected to file suit against the State of Vermont today regarding a law passed in the previous session and an Executive Order issued by the Governor protecting net neutrality in Vermont. Governor Phil Scott issued the following statement: “Our net neutrality legislation and my Executive Order demonstrate a clear commitment from Vermont’s elected officials, across branches and party lines, to preserving and promoting a free and open internet in Vermont...

Mount Snow begins snowmaking

Thu, 10/18/2018 - 4:12pm -- tim

Vermont Business Magazine Mother Nature has turned up the cold and Mount Snow in Windham County has turned on the jets and started making snow this week. Update from Mount Snow on Thursday October 18: "We turned on the most powerful snowmaking system in the Northeast and started making snow last night around 9 pm and with that winter has returned to the Green Mountains of Vermont. As you might remember, we just finished a $30M upgrade to our snowmaking system at the start of last season, which doubled our capacity to make snow and increased our water storage six-fold, and once again it’s paying off BIG!"

Killington will open Friday

Thu, 10/18/2018 - 10:49am -- tim

Vermont Business Magazine Killington Resort, the largest ski and snowboard destination in Eastern North America, is scheduled to kick off its 2018-19 winter season at 10 on Friday, October 19, 2018, becoming the first Eastern resort to open for skiing and snowboarding. The first turns of the season, on Friday, October 19, will be reserved exclusively for Season Pass, Express Card, Beast365 and Ikon Pass holders. The resort will open to the general public on Saturday, October 20, 2018 at 9 am. Killington’s operating schedule for the remainder of the week will be updated in real time at www.killington.com/conditions.

Bundled 'Planet Pass' makes it easier for individuals to support environmental causes

Thu, 10/18/2018 - 7:22am -- tim

Vermont Business Magazine 1% for the Planet is excited to announce My Planet Pass, a new program modeled after popular multi-mountain ski pass programs with the goal of increasing individual engagement with the environmental movement. With one easy transaction, My Planet Pass holders become 1% for the Planet members as well members of Protect our Winters (POW), TreeSisters, National Forest Foundation, Save the Waves Coalition, and Slow Food.

Better amenities on the way for public at Waterbury Reservoir

Thu, 10/18/2018 - 6:10am -- tim

Vermont Business Magazine Eight months of work is underway to improve public access areas at the Waterbury Reservoir. The project will require temporary closures at some sites while work is underway, and will include improvements to parking lots, erosion prevention, and boat ramp upgrades. The locations include Waterbury Dam Boat Launch, Blush Hill Boat Launch and the Moscow Paddler Access. Green Mountain Power (GMP) will be doing the work as part of the company’s commitment to improving the Waterbury Dam and surrounding areas. GMP recently received a renewed license from the Federal Energy Regulation Commission to operate a hydropower generation facility at the Waterbury Dam.

'Anatomy of a Data Breach' will be dissected October 19

Thu, 10/18/2018 - 3:58am -- tim

Vermont Business Magazine Join the TechJam experts for “Anatomy of a Data Breach,” a Vermont Tech Jam panel moderated by Attorney General T.J. Donovan on Friday, October 19 at 10:15 a.m. (doors open at 10 a.m.). If your company has been compromised by a spear phishing attack, or by ransomware, what do you do next? In this workshop, organized by Vermont’s Office of the Attorney General, experts go step-by-step through a data breach scenario at a mid-size Vermont company and explain how to respond.

FirstLight supports Ronald McDonald House charities

Thu, 10/18/2018 - 2:25am -- tim

Vermont Business Magazine FirstLight, a leading provider of fiber-optic data, Internet, data center, cloud and voice services to enterprise and carrier customers throughout the Northeast, has announced that the Ronald McDonald House Charities of the Capital Region has selected FirstLight for high speed Internet, data and voice services. These new services, offered by FirstLight, will not only support the Ronald McDonald House staff but also supports the 25 families who reside at the Ronald McDonald House in Albany, New York.

Union Bankshares reports 3Q 2018 earnings and dividend

Wed, 10/17/2018 - 4:45pm -- tim

Vermont Business Magazine Union Bankshares, Inc (NASDAQ - UNB) today announced results for the three and nine months ended September 30, 2018 and declared a regular quarterly cash dividend.  Consolidated net income for the three months ended September 30, 2018 was $2.3 million, or $0.52 per share, compared to $2.4 million, or $0.53 per share, for the same period in 2017 and $7.5 million, or $1.68 per share, for the nine months ended September 30, 2018, compared to $6.5 million, or $1.46 per share for the same period in 2017.

Burlington School District to hold Town Hall for $70 million bond

Wed, 10/17/2018 - 4:36pm -- tim

Vermont Business Magazine With a few short weeks left before Election Day, Burlington School District (BSD) is hosting a “BHS Envisioning Town Hall” on October 23rd, from 7-8:30 PM in the Burlington High School Cafeteria (BHS). The event will feature a presentation of the District’s $70 million plan to upgrade the aging and failing facility, which will be followed by a question and answer session with staff and project architects. The District also plans to show a new 3D model of the plan for the first time at the event.

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