Current News

Vermont Business Magazine After 14 years as President and Owner/CEO of Terry Precision Cycling, Liz Robert has announced her retirement from the day-to-day operations of the business. She will continue in an advisory role and remain on the Terry Board of Directors with the Flagg Bicycle Group who purchased the company in November of 2021. Nik Holm, Director of Operations for Terry, will become interim President, effective January 9, 2024. Holm joined the company 11 years ago and has become a pro in supply chain strategy, inventory management, marketplace development, operations, wholesale oversight and product development. 

Vermont Business Magazine Today, Vermont is announcing extended Medicaid coverage for children under the age of 19. The extended coverage means that once children qualify for Medicaid, even if they no longer qualify, they typically will not lose coverage until their annual enrollment period. Having health insurance is a protective factor that keeps the door open to health care services and helps Vermonters avoid expensive medical bills. The coverage change means that children who qualify for Medicaid will be covered by Medicaid insurance for longer in many cases. This would be a major benefit for preventing harmful gaps in health coverage for children. Research has consistently shown that access to health care leads to improved health and well-being for children and promotes health equity.

Vermont Business Magazine CVFiber has expanded into East Montpelier and Worcester and continues to connect customers in additional parts of Calais. Aerial installations are being scheduled throughout the winter season. Underground conduit installations will pause until the ground thaws in the spring. Construction of the network will continue throughout the winter season in some portions of the towns of Woodbury, Worcester, and Middlesex. This expansion builds upon the work that has already been completed, including the recent October 2023 launch of the network.  

Vermont Business Magazine Attorney General Charity Clark today announced a $2,350,733 settlement with the estate of a former owner of a dry cleaner site, resolving over a decade of litigation with the State. The settlement resolves claims brought by the Attorney General’s Office on behalf of the Agency of Natural Resources (ANR) for remediation of hazardous materials emanating from a former dry cleaner site at 7 Union Street in Hartford, Vermont.

Vermont Business Magazine Average gasoline prices in Vermont are $3.17 per gallon, down 1.9 cents per gallon from last week's $3.19/g, according to GasBuddy. The lowest price in the state yesterday was $2.89/g while the highest was $3.89/g, a difference of $1 per gallon. The national average price of gasoline has fallen 0.8 cents per gallon in the last week, averaging $3.03/g today. The national average is down 7.8 cents per gallon from a month ago and stands 36.0 cents per gallon lower than a year ago.

Vermont Business Magazine On January 17, 2024, at approximately 2:30 AM, reports of a building fire located at 246 Main Street in Winooski, Vermont were received. 1^st alarm units (St. Michael’s College Fire & Rescue, Vermont Air National Guard, and Burlington Fire Department) were dispatched to initially assist Winooski units. It took approximately 4 hours to bring the fires under control, and 16 hours for investigation and demolition. While the scene examination was being conducted, the Winooski Police Department was able to identify a person of interest regarding this fire. This resulted in the arrest of Patrick W. Ibbotson, charges include Reckless Endangerment, Setting Fires, and Unlawful Mischief.

Alan DeForest, Chairman, Norwich University Board of Trustees Dear Norwich Community, I want to provide an update regarding the presidency of our great university. As you know, the Board of Trustees last week announced the nomination of retired USMC Lieutenant General John Broadmeadow ‘83 to be the next president of Norwich University. Shortly after his nomination, John became aware of an emerging medical concern, and he informed the leadership that he will undergo a series of medical tests that will determine the extent of the diagnosis, treatment plans, and anticipated start date. 

The Vermont Agency of Agriculture, Food & Markets is now requesting applications from Vermont businesses interested in vending at the Vermont Building at the 2024 Big E. The Vermont Building is one of six public market style buildings on the Avenue of the States at the Big E, a 17-day fair and exposition which takes place each September in West Springfield, MA. During this event, which brings in approximately 1.6 million people each year, the Vermont Building hosts a variety of Vermont food and retail businesses which showcase the best of what our state has to offer. The 2024 Big E will take place September 13th-29th. 

Vermont Business Magazine Senator Bernie Sanders (I-Vermont) on Saturday released the following statement on Israeli Prime Minister Benjamin Netanyahu’s recent comments rejecting the idea of a two-state solution: "Israeli Prime Minister Netanyahu recently said, 'In any future arrangement…Israel needs security control of all territory west of the Jordan,' adding that, 'I told this truth to our friends, the Americans…the prime minister needs to be able to say no, even to our best friends.' Prime Minister Netanyahu is right – we do need to be able to say NO to our friends."

by C.B. Hall, Vermont Business Magazine Brattleboro’s Food Connects joins the VermontBiz 100+ roster this year on the strength of 2023 total sales estimated at $3.1 million — an upswing from 2022’s $2.3 million, according to CEO Richard Berkfield. Incorporated in 2013 as a nonprofit, Food Connects aims to “cultivate healthy food and farm connections in classrooms, cafeterias and communities,“ Berkfield said. The company occupies 17,000 square feet, including 14,300 square feet of cold and dry storage, in the Brattleboro Development Credit Corp.’s industrial park on the north edge of the Windham County town. The company employs 29 full- and part-time workers.

by Amanda Kuhnert The Elmore Store has been the hub of the small rural town of Elmore for centuries. The white clapboard building, built in the early 1800s, is where residents stop for a gallon of milk, pick up their mail or catch up with neighbors. But in 2020 this community staple was in danger of shutting down when the owners decided to sell after 36 years in business. Thankfully, a group of community members stepped in to save the store. They formed the Elmore Community Trust and purchased the building, with the goal of leasing the store and post office space on the first level, along with two additional apartments.

Vermont Center for Emerging Technologies From directing the Peace and Justice Center to directing VSJF, Ellen Kahler has been a leader in advocating for human well-being to be at the center of Vermont's economic model. Hear about how she is breaking boundaries and supporting Vermont employees/employers. Not to mention, this episode is PACKED with resources.