Current News

by tim

Vermont Business Magazine In order to afford a modest two-bedroom apartment at the Fair Market Rent in Vermont, renters need to earn $22.78 an hour, or $47,375 annually. With over 76,214 renter households, Vermont has the 6th largest affordability gap for renters of any state in the nation. Vermont’s 2019 Housing Wage, revealed in a national report, was released today. 

by Brandon

Vermont Business Magazine Traffic-stop data from 2018 released today by the Vermont State Police show the agency is continuing to make progress in addressing racial disparities in discretionary traffic stops and improving data quality.

by tim

Vermont Business Magazine Vermont has joined a growing number of states keeping the U.S. on track to phase down climate-polluting hydrofluorocarbons, or HFCs, as Governor Phil Scott on Monday enacted a law curbing their use in home and business refrigeration systems, building chillers, insulating foams and aerosols. The governor signed S.30 barring the use of HFCs in major applications where there are safer alternatives, action that was hailed by environmental and public interest groups. HFCs have hundreds to thousands of times the heat-trapping power of carbon pollution, and both contribute to climate change.

by tim

Vermont Business Magazine Connor Mill-Built Homes, LLC (CMBH) in Middlebury has announced that Skip Wyer has been named Chief Executive Officer. Wyer will take on the day-to-day leadership of the company and will join CMBH’s board of managers.

by tim

by Betsy Bishop, President, Vermont Chamber of Commerce Prevailing post-adjournment reports have sidelined the praise both the Legislature and the Administration deserve for their contributions to Vermont’s economy. While it is tempting to continue debating the 2019 political turmoil, the Vermont Chamber of Commerce instead chooses to celebrate some of the many areas where legislators actively responded to the needs of the business community.

by tim
Vermont Business Magazine Colliers International’s Capital Markets team of Senior Vice President Christopher Sower, Vice President Bruce Lusa, Assistant Vice President Jonathan Bryant, and Associate John Flaherty recently brought to market the picturesque 155-acre Green Mountain Campus located in Poultney. Former home to Green Mountain College, an academic institution highly committed to environmental sustainability, the unique “turn-key” campus opportunity comes fully furnished and equipped with 23 buildings comprising approximately 450,000 square feet.
 
It boasts first-class dormitory facilities (654 beds), classrooms, administrative offices, lecture halls, cafeteria, student center, community space, library building, athletic facilities, 400-seat theater/auditorium, fine arts studios and galleries, a working farm, guest residences and a campus-wide biomass heating system installed in 2010 that makes the campus 100% carbon neutral.
by Brandon

Vermont Business Magazine KeyBank, which operates nine branches across Vermont, has been named an honoree of The Civic 50 by Points of Light, the world’s largest organization dedicated to volunteer service. The award recognizes KeyBank as one of the most community-minded companies in the United States.

by tim

Vermont Business Magazine Vermont Public Radio has won the 2019 national Edward R Murrow award for Overall Excellence in the small market radio category from the Radio Television Digital News Association. The Overall Excellence award is based on the scope and impact of what a news organization produces — including breaking news, newscasts, features reporting, continuing coverage and digital presence.

by tim

Vermont Business Magazine Nearly 300 more Vermonters will be able to upskill their careers over the next 12 months, thanks to a one-time appropriation of $500,000 in the state budget to Vermont Student Assistance Corp. VSAC’s nondegree grant program – newly renamed the Advancement Grant Program – provides adult Vermonters the opportunity to pursue training and credential programs that build the job skills for a variety of industries and occupations. The additional funding represents a 25% increase in the program.

by tim

Vermont Business Magazine While there has not been local opposition to what will be the most restrictive plastic bag law in the US, the national American Chemistry Council has issued a statement decrying Governor Phil Scott’s (R-VT) signing Monday of S113 (management of single-use products) that bans certain polystyrene foam foodservice packaging and plastic bags. Plastic bag manufacturers previously stated their opposition to the ban, saying that the replacement products, such as the heavy-duty reusable totes, are made overseas instead of in the US, like the standard plastic bag. The law bans grocery store plastic bags, but not those for produce. The standard paper grocery bag would cost customers 10 cents.

by tim

Vermont Business Magazine BioTek has announced that its Synergy H1 and Synergy Neo2 Hybrid Multi-Mode Readers and its Cytation 1 and Cytation 5 Cell Imaging Multi-Mode Readers are validated for use with the MitoXpress and pH-Xtra Assays from Agilent Technologies. The assays may be used alone or combined to measure metabolism in live cells. Instructional Applications Bulletins are available for each multi-mode reader detailing the specific parameters for optimized TRF performance with MitoXpress Xtra Oxygen Consumption, MitoXpress Intracellular Oxygen and pH-Xtra Glycolysis products.

by Brandon

Vermont Business Magazine North Country Hospital of Newport, Vermont was recently honored with an award for exceptional on-the-job safety performance during The MEMIC Group’s Annual Meeting of Policyholders. Only eight employers, out of more than 21,000 MEMIC policyholders across the country, received a 2019 award for workplace safety from the workers’ compensation insurance specialist.