Current News

Vermont Business Magazine Micron Technology, Inc. (NASDAQ: MU), one of the world’s largest semiconductor companies and the only US-based manufacturer of memory, on Tuesday announced plans to build the largest semiconductor fabrication facility in the history of the United States. The new megafab north of Syracuse will increase domestic supply of leading-edge memory and create nearly 50,000 New York jobs, including approximately 9,000 high paying Micron jobs. The GlobalFoundries plant in Essex Junction, VT, at one time was a major world manufacturer of memory.

Vermont Business Magazine The Office of the United States Attorney for the District of Vermont stated that today, Jerry Banks, 35, of Fort Garland, Colorado, was charged with a murder-for-hire conspiracy and the kidnapping of Gregory Davis, a resident of Danville, Vermont, on January 6, 2018, resulting in Davis’s death. Banks was added as a defendant to the murder-for-hire conspiracy case already pending against Serhat Gumrukcu, 39, of Los Angeles, California, and Berk Eratay, 36, of Las Vegas, Nevada. Following an exhaustive investigation by detectives with the Vermont State Police and agents of the Federal Bureau of Investigation, law enforcement obtained a criminal complaint in April 2022 that charged Banks with kidnapping Davis.

Vermont Business Magazine A group of Vermont College of Fine Arts (VCFA) faculty are protesting the college administration’s behind-doors decision to relocate their low-residency programs to Colorado College and sell/lease the Montpelier campus facilities. Citing a lack of transparency and collective decision-making ensured by the college’s governance policy, a number of program faculty have issued a letter of No-Confidence in the college’s president, Leslie Ward. In addition, they have submitted a formal complaint to the New England Commission of Higher Education (NECHE), an institutional accreditor. VCFA faculty look to the college’s Academic Council as the forum where faculty and administration discuss all college-related concerns, from pedagogy to finance.

Vermont Business Magazine October is National Farm to School Month! Schools and early childhood providers can celebrate by applying for the Vermont Agency of Agriculture, Food and Markets’ Farm to School and Early Childhood Grant. This grant provides financial and technical assistance to schools and early childhood education providers to help develop or grow their farm to school and early childhood programs. The Farm to School and Early Childhood Grant application deadline is November 3, 2022.

Vermont Business Magazine State and local officials today hosted a delegation of 50 representatives from Montreal area businesses, industry associations, and entrepreneurs exploring an expansion into the U.S. market. This event represents a concerted effort to develop or retain connections with Vermont’s largest trade partner and foreign direct investment clients by bringing together entities from Vermont and Canada to share best practices, encourage innovation, and increase bi-lateral trade. It builds on a recent trade mission to Quebec and participation in the Supply Chain Manufacturing Summit, during which Governor Phil Scott and members of his Administration met with Canadian companies seeking to grow in Vermont.

Vermont Business Magazine Steven Gold, chair of the Public Assets Institute Board of Directors, announced today that they have selected Stephanie Yu, current deputy director, as the organization’s next president and executive director. Yu replaces founder Paul Cillo, who will step down at the end of this year. A nonpartisan nonprofit founded in 2003, Public Assets Institute is an independent research organization that works to improve the wellbeing of all Vermonters and advance racial, social, and economic justice through research, fiscal analysis, and public engagement and empowerment. It focuses on education funding, family economic security, and making state tax and budget decisions transparent, inclusive, and responsive to Vermonters’ needs.

Vermont Business Magazine The Department of Health investigation into reports of Legionnaires’ disease in Franklin County identified five confirmed cases, including one death of an individual in their 70’s, but the source of the infections remains unknown. The cases, reported to the Health Department between Aug. 12 and August 29, appear to be clustered in the St Albans area. Although no common source of the infections has been found, officials said the general risk to residents of St Albans and Franklin County is very low, as most healthy people exposed to the bacteria that cause Legionnaires’ disease do not get sick.

Vermont Business Magazine Governor Phil Scott was joined by students and industry leaders at his weekly press conference today to proclaim October as Careers in Construction Month in Vermont, recognizing the many career opportunities within the construction industry. According to Department of Labor data, construction accounts for 5.2 percent of statewide total employment, with more than 15,000 individuals working within the industry. The average annual wage for construction workers in Vermont is $57,635, exceeding the statewide average wage of $56,264. The most recent data also shows that construction account for about 10 percent of the total number of businesses in Vermont, with a total of more than 2,900.

Vermont Business Magazine The national poverty rate was 12.8% in 2021 but was significantly different for the nation’s oldest and youngest populations, according to a new Census Bureau report released today. The child poverty rate (for people under age 18) was 16.9% in 2021, 4.2 percentage points higher than the national rate, while poverty for those ages 65 and over was 10.3%, 2.5 percentage points lower than the national rate. Vermont's overall poverty rate is 10.3%, tied for seventh lowest. The state's child poverty rate was 10.4%, which was third lowest. And the 65 and over poverty rate was 9.1%.

By Steven Berbeco The pandemic has exposed the fault lines in our state’s mental health system of care, with many more of us trying to connect to services for depression, anxiety, and other issues. World Mental Health Day 2022 (October 10) gives us an opportunity to reconnect with each other in our shared efforts to protect and improve mental health resources for ourselves and our neighbors. As I write this, about one in five positions are vacant across Vermont’s state-designated mental health and specialized service agencies, where nearly a thousand Vermonters are waiting for mental health and substance use services, according to Vermont Care Partners.

Vermont Business Magazine The ACLU of Vermont is expressing its support for the family of a Richmond student targeted with transphobic harassment from within and outside of Randolph Union High School. After an inaccurate and misleading local media report about the student was picked up by multiple outlets, including Fox News and the British tabloid Daily Mail, the Orange Southwest Supervisory District’s website was hacked and flooded with transphobic messages, forcing the district to shut down its website and social media accounts.

Vermont Business Magazine The Vermont Attorney General’s Office and the Grand Isle County State’s Attorney’s Office today announced the conclusions of their independent reviews of the officer-involved shooting incident that occurred on June 14, 2022, in Woodstock, Vermont. Attorney General Susanne Young and Grand Isle County State’s Attorney Douglas DiSabito have declined to prosecute Woodstock Police Sergeant Joseph Swanson for charges related to the use of deadly force in a shooting incident involving Jay Wilson. State’s Attorney DiSabito agreed to conduct an independent review of the investigation, as the Windsor County State’s Attorney’s Office recused itself.