Current News

Vermont Business Magazine BETA Technologies, Inc., the electric aerospace company based n South Burlington, announced Wednesday that it has launched an initial public offering of 25 million shares of its Class A common stock, par value $0.0001 per share, at an anticipated initial offering price between $27.00 and $33.00 per share pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission. According to CNBC, this would raise as much as $825 million and value BETA at $7.2 billion at the top end of the range.

by Timothy McQuiston, Vermont Business Magazine Average gasoline prices in Vermont are $3.14 per gallon, down 1 per gallon from last week, down 7 cents/g from last month and down 4 cents/g from last year, according to AAA. The lowest price in the state this week was $2.83/g while the highest was $4.20/g, a difference of $1.37/g. Prices were lowest in Bennington ($2.94/g) and Rutland ($3.01/g) counties and highest in Essex ($3.23/g), Franklin ($3.23/g) and Grand Isle ($3.26/g). The national average price of gasoline has fallen 6 cents per gallon in the last week, averaging $3.05/g today.

Vermont Business Magazine Vermont’s natural beauty is central to our identity — and clean water is at the heart of it. From rising floods to summer droughts, Vermonters are seeing firsthand how water shapes our communities and way of life. As these challenges grow, so does the need for smart, community-driven investment in clean water. Vermont’s Clean Water Board is seeking public input on the State Fiscal Year 2027 Clean Water Budget by November 16, 2025. Vermonters can weigh in on how they would like to prioritize approximately $45 million in funding for projects to protect and improve our rivers, lakes, ponds, and wetlands, and the services they provide to clean and store our water. 

Vermont Business Magazine Today, the Vermont Natural Resources Council and the Conservation Law Foundation (CLF) notified Vorsteveld, LLP, a large Concentrated Animal Feeding Operation (CAFO) in Panton, Vermont (Addison County), of their intent to sue for federal Clean Water Act violations.  What VNRC and CLF know is that the farm is violating the Clean Water Act by dumping pollutants into Vermont waterways that feed into Lake Champlain. This pollution is happening via numerous pipes that pour toxic pesticides directly into tributaries without a permit. Testing found multiple harmful pollutants - including atrazine, metolachlor, and clothianidin (a neonicotinoid) - draining from this site.

Vermont Business Magazine While Vermont ranks No. 16 in electric vehicle sales in market share by state, the state has slipped just below the US average in the 2025 second quarter. In Vermont EVs are 8.85% of new light-duty vehicle sales. The US average is 9.5%, as states like California, Colorado and Washington dominate the market. Vermont ranks No. 15 in ratio of EVs to public chargers. Alliance for Automotive Innovation released its exclusive state-by-state analysis of the U.S. electric vehicle market for Q2 2025. The Get Connected Electric Vehicle Report summarizes EV sales, purchasing trends and charging infrastructure across the country.  

Vermont Business Magazine Governor Phil Scott today announced the appointment of Zach Weight as a Special Prosecutor assigned to work with the Chittenden County State’s Attorney to assist in relieving the backlog of service-resistant repeat offender criminal cases, with an initial focus on individuals who have five or more open dockets and are awaiting trial. Weight has served as Deputy State’s Attorney in Washington County since April 2023. For a decade prior to joining that office, he was a criminal defense attorney who practiced in all 14 of Vermont’s counties. A graduate of Vermont Law School, Zach’s family hails from Proctor and Wallingford. Zach lives in Milton with his husband, Will, and their dog, Brady.

Vermont Business Magazine The Vermont Agency of Agriculture, Food and Markets (VAAFM) is pleased to announce an upcoming $8,000,000 in grant funding through the Agricultural Clean Water Initiative Program (AGCWIP) for local and regional partners to provide services for Vermont farms, supporting the improvement of water quality across the state. Local and regional partners play a vital role in supporting implementation of conservation practices that achieve reductions in nutrient runoff from agricultural operations, providing connection between state and federal programs, and farmers. AGCWIP grants provide critical funding opportunities to strengthen organizations that provide education and outreach and technical assistance to Vermont farms.   

Vermont Business Magazine Union Bankshares, Inc. (NASDAQ - UNB) Wednesday announced results for the three and nine months ended September 30, 2025 and declared a regular quarterly cash dividend. Consolidated net income was $3.4 million and $8.3 million for the three and nine months ended September 30, 2025, respectively, compared to $1.3 million and $5.8 million for the three and nine months ended September 30, 2024, respectively. Earnings for the three and nine months ended September 30, 2024 were reduced by the impact of the strategic balance sheet repositioning whereby the company's wholly owned subsidiary, Union Bank, executed the sale of $38.8 million in book value of its lower-yielding available-for-sale debt securities for a pre-tax realized loss of $1.3 million, which was recorded in the third quarter of 2024.

Vermont Business Magazine Today, Treasurer Pieciak announced that David Scherr will join his office as Deputy Treasurer. The transition will be effective starting November 3, 2025. Scherr most recently served as the State Director for Congresswoman Becca Balint. 

Vermont Business Magazine As winter approaches, the Department of Environmental Conservation (DEC) wants to remind construction professionals and property owners about additional requirements to help protect the state’s waterways during the winter construction season. Wintertime rainfall, thaws, and snowmelt can produce significant flows over frozen and saturated ground. These flows can then increase erosion and sediment flow.

Vermont Business Magazine Sen. Bernie Sanders (I-Vermont) today led 31 senators in calling on the Trump administration to immediately restore the Solar for All program —  a landmark initiative Sanders wrote to help working class families afford rooftop and community-based solar energy. In a letter to Environmental Protection Agency (EPA) Administrator Lee Zeldin, Sanders and his colleagues condemned the administration’s decision to cancel $7 billion in Solar for All funding in August. The program would have created tens of thousands of good-paying jobs in communities across the country, lowered residential electricity bills by at least 20% for more than 900,000 households and saved working families more than $8.7 billion in electric costs over the lifetime of the panels.

Vermont Business Magazine The Vermont Land Use Review Board (LURB) will host four public engagement sessions across the state to get public input on draft Tier 3 area rules and mapping. All four meetings will be held from 6pm-8pm, starting October 21, and welcome both in-person and remote participation. Vermont’s Act 250 development review system is undergoing significant changes following the passage of Act 181 of 2024.  The Legislature has tasked the LURB with developing rules and reviewing regional plans and maps to implement a new tiered framework of jurisdiction. While Act 250 jurisdiction is shrinking in downtown and village centers (Tier 1 areas), it is expanding in critical natural resource areas (Tier 3 areas). The Tier 3 rules and mapping will determine what sorts of development requires an Act 250 permit in these critical natural resource areas.