Current News

Everyone likes a comeback story. Manufacturers visiting WallGoldfinger in Randolph on Friday got just that. In a forum organized by the Vermont Manufacturing Extension Center (VMEC), WallGoldfinger Chief Operating Officer Michael Spencer and Woodshop Supervisor Will Francis told the tale of the high-end furniture manufacturer once devastated by Tropical Storm Irene’s floodwaters and now, not only back from the brink, but better than ever. WallGoldfinger designs, engineers, manufactures and installs executive furniture, including custom boardroom and conference tables, lecterns and credenzas featured in some of the world’s largest companies and government agencies.

These Vermont-made products in stunning wood veneers, glass, stone and more occupy the White House, New York Stock Exchange, International Monetary Fund, United Nations and many of the nation’s largest businesses.

Five Vermont schools are among the nation’s 255 state finalists for the Samsung Solve for Tomorrow contest, a program that encourages teachers and students to solve real-world issues in their community using classroom skills in science, technology, engineering and math (STEM). The state finalists will receive technology as well as a professional development class from PBS TeacherLine for the teacher that entered the competition. Next, the five finalists will submit a lesson plan outlining how they will address the challenge with their students while working with their communities to address issues like water pollution and street safety – all with a share of $2 million on the line.

In the state of Vermont, teachers cited environmental concerns and low student motivation as the most prominent issues in their school communities.

Vermont Finalists

1. Enosburg Falls High School, Enosburg Falls

2. Thetford Academy, Thetford

Vermont Secretary of Agriculture Chuck Ross issued a decision today denying a petition seeking to impose mandatory best management practices (BMPs) on farms in the Missisquoi Bay Basin. The decision directed the Agency’s Agricultural Water Quality Program to accelerate its agricultural water quality compliance and enforcement activities in the Missisquoi Bay Basin. In May, the Conservation Law Foundation filed a petition seeking the imposition of mandatory best management practices (BMPs) for water quality on farms in the Missisquoi Bay Basin that were “critical source areas” as modelled by a 2011 Study commissioned by the Lake Champlain Basin Program. A public hearing on the petition was held in St Albans in July. Farmers and stakeholders on all sides of the issues raised by the petition provided extensive testimony and comment.

Vermont showed a notable increase in the number of homes sold, according to the REMAX October Housing Report, but median prices fell again, as they had in September. Sales were up 15 percent, while the median price fell 5 percent to $190,000. Vermont was the only state in New England to see prices fall. Across New England, every state in the region showed solid year-over-year sales increases with the state of Maine in the lead, up 25.4 percent over 2013 numbers.

On Friday, Attorney General William H Sorrell, with the support of a number of interested groups, asked the U.S. District Court for the District of Vermont to uphold Act 120, Vermont’s law requiring the labeling of genetically engineered (aka, GE or GMO) food. The Office also opposed Plaintiffs’ motion for a preliminary injunction. Last week’s filing reiterates the State’s case that the Court should dismiss the lawsuit. It also argues that Plaintiffs are not entitled to an order enjoining the State from taking any action to enforce the law, which does not go into effect for nearly two years. “The State’s filing explains why Vermont’s labeling law is constitutionally sound,” said Attorney General Sorrell.

On Sunday’s Face the Nation, the venerable CBS newsman Bob Scheiffer revealed he was “dumbstruck when (he) heard the comments that are surfacing from an economist named Jonathan Gruber, who was paid $400,000 to help shape President Obama's health care plan.” In July, Jonathan Gruber was awarded a $450,000 contract with the State of Vermont to help design the funding for Vermont’s health care reform. According to WCAX, Governor Shumlin and Health Reform Chief Lawrence Miller are going to let Gruber keep his contract despite his statements against transparent government.

Secretary of State Jim Condos announced today that Vermont’s Elections Division will be conducting a random audit of the 2014 general election results. The audit will include six towns - a 50 percent increase from previous years. “Voting is one of the most important responsibilities and privileges that comes with being a citizen. Ensuring the election process is both honest and accurate is as important as voting itself,” stated Secretary Condos.

What: Random audit of 2014 general election results
When: Beginning at 10:00 a.m., Thursday, November 20, 2014
Where: City Hall, Montpelier, VT

Reginald Riendeau, a logger from Orleans, will pay $60,000 in civil penalties for violating Vermont’s water quality and heavy cut timber laws. The court-approved settlement requires Mr. Riendeau to comply with a harvest plan for any new logging activity and to give notice to the Vermont Department of Forests, Parks and Recreation before any new logging activity for the next three years. “There is no excuse for not protecting water quality on logging jobs,” said Attorney General Bill Sorrell. “Our forests are a vital part of our environment and economy. Following good management practices is critical to protecting our forests and keeping state waters clean,” he added.

The Vermont Economic Development Authority (VEDA) has approved $6.3 million in loans for economic development projects totaling over $16.5 million throughout Vermont. Creation of more than 100 new jobs throughout Vermont is projected within three years of completion of the financed projects. “It is exciting to see so many businesses continue to grow and create jobs for Vermonters, and VEDA is pleased to provide financing support to these companies,” said Jo Bradley, VEDA’s Chief Executive Officer. “We are also especially excited to provide financing assistance to businesses through the Authority’s new Entrepreneurial Loan Program.”

Vermont Health Connect, Vermont’s health insurance marketplace, kicked off the Open Enrollment period on Saturday. The marketplace allows Vermonters to compare options, see if they qualify for free or reduced-cost health plans, and enroll in the plans that meet their needs and budget. Open Enrollment, a three-month period is the time when Vermonters can change health plans – if they want to.

“If you are currently a Vermont Health Connect customer and are happy with your current plan, you don’t have to do anything,” said Lawrence Miller, Chief of Health Care Reform. “If you do not report a change, your plan will automatically renew. If you later decide to change it, you have until February 15th to do so.”

Okemo Mountain Resort in Ludlow opened for skiing and riding on Sunday, November 16. Four Okemo Mountain School students were the first in line to earn first-chair bragging rights. They ripped through a banner that welcomed snow-loving guests to the start of winter and Okemo’s 2014/2015 season. Okemo opened with top-to-bottom skiing and riding on 11 trails serviced by four lifts. Okemo Vice President and General Manager Bruce Schmidt served pastries and coffee to skiers and riders waiting for the official start to the season. He was joined by Okemo’s mascot Calvin the Catamount and several other staff members who helped make the event a festive occasion.

by Timothy McQuiston, Vermont Business Magazine Vermont exports are down, the task of entering the export market can be daunting for a small Vermont company and some Vermont companies have been, frankly, ripped off by foreign entities. But a new-to-Vermont effort is generating intensive interest and initial success for a program called ExporTech.

ExporTech was started by the National Institute of Standards and Technology (NIST) to bolster local exporting efforts for small companies and support the local exporting landscape.

When officials from the award-winning innovator BioTek Instruments went to China they found many of their products. Only they were unlicensed imitations of the Winooski firm’s high-tech products. Hubbardton Forge in Castleton has battled the same issue with its one-of-a-kind lamps.