Current News

Vermont Business Magazine Senate Appropriations Committee Republicans Thursday rejected an amendment offered by Senate Appropriations Committee Vice Chairman Patrick Leahy (D-Vermont) and Senate Appropriations Subcommittee on Defense Vice Chairman Dick Durbin (D-Ill) meant to protect funding appropriated for the military and military families from being raided by President Trump to pay for an ineffective, vanity wall along the southern border. 

Leahy said: “The power of the purse is the Constitutional cornerstone of the separation of powers.  But this President has continually disregarded this Congress and subverted our Constitution for a failed campaign promise he said that Mexico would pay for.  I’m disappointed that my colleagues refused to take a stand today for the Constitution, the Congress or their constituents.” 

Vermont Business Magazine A new study based on just-released US Census Bureau data shows Charlotte has the highest median household income in Vermont. When determining where you want to live there are few factors more important than the average household income of the area. Higher incomes bring more money for school districts, local government services, and more consumer spending for local businesses.

UnitedStatesZipCodes.org released the Vermont Zip Codes With the Highest Household Income based on the latest Census Bureau data.

Vermont State Police On Tuesday April 30th, 2019 Troopers from the Vermont State Police Middlesex barracks received a report of a theft at Thomas Engineering Associates in Waitsfield, VT. Subsequent investigation led to the discovery that part-time bookkeeper Andrea Wheelock had given herself unauthorized raises and written company checks to herself.

Vermont Business Magazine Vermont Attorney General TJ Donovan issued the following statement today regarding the state's decision to reject an offer by the Sackler family, owners of Purdue Pharma which markets the pharmaceutical opioid OxyContin: "The State of Vermont rejected the settlement offer from Purdue Pharma and the Sackler family for the following reasons. First, the offer is not fully developed and we want to be certain that any benefit is not illusory. The value of the settlement is not fully guaranteed. It has been reported that the total value of the offer is $10-12 billion. That is incorrect. Only a fraction is guaranteed. Vermont demands more certainty and guarantees regarding the money in order to effectively address the opioids crisis in Vermont."

by Timothy McQuiston, Vermont Business Magazine The Green Mountain Care Board announced today it has approved Fiscal Year (FY) 2020 budgets for Vermont’s 14 regulated hospitals. The Board provided the hospitals with instructions outlining budget parameters and submission guidelines that included a target of 3.5 percent for growth in net patient revenue from the FY 2019 base to FY 2020 budgets. The GMCB approved an estimated weighted average increase in hospital charges of 3.1 percent. The Board also reduced the system-wide increase in net patient revenue from a requested 4.6 percent to 4.3 percent, totaling a $7.3 million difference.

The Board will issue written hospital budget decisions and orders no later than October 1, 2019.  

The GMCB held a series of public meetings, and after a thorough review of the budgets by the Board’s staff and input from the Office of the Health Care Advocate and Vermonters.

Vermont Business Magazine The Southern Vermont Garlic & Herb Festival has now won the Vermont Chamber’s Top 10 Summer Event designation ten times in its history, which means that beginning in 2020, the Festival becomes a Time-Honored Top 10 Event for the rest of its existence! The Bennington Area Chamber of Commerce welcomed over 16,000 visitors to the 2019 Southern Vermont Garlic and Herb Festival on Labor Day Weekend this year, smashing the previously recorded record for the festival of 15,000.

Vermont Business Magazine On August 30, One-Pull Wire and Cable Solutions acquired bundled cable manufacturer Quik-Pull from its parent company, Memphis-based Power & Telephone Supply. One-Pull, which was based in Windsor, has consolidated operations at the Quik-Pull plant on Hull Street in Randolph. While the overall corporate name of the brand will be One-Pull Wire and Cable, Quik-Pull's Randolph facility will be the new headquarters for the One-Pull organization.

Vermont Business Magazine The Vermont Governor’s Council on Physical Fitness & Sports has again teamed up with health care providers throughout the state and the Vermont Department of Forests, Parks and Recreation to help Vermonters access and reap the tremendous benefits of physical activity in the great outdoors.

by Darren Springer, Burlington Electric Department General Manager Burlington was the first city in the nation to source 100 percent of our electricity from renewable generation. Now we are working to achieve another even more significant first - Burlington has embarked on a journey to become a Net Zero Energy city by 2030. This is one of the most ambitious climate goals in the nation, and was announced by Mayor Miro Weinberger, and adopted by Burlington Electric Department (BED) in its Strategic Direction.

Vermont Business Magazine Casella Waste Systems, Inc (NASDAQ:CWST), a regional solid waste, recycling and resource management services company, today announced that it has commenced the remarketing of $11.0 million aggregate principal amount of the Business Finance Authority of the State of New Hampshire Solid Waste Disposal Revenue Bonds Series 2013. 

Vermont Business Magazine Damir Novosel, the president and founder of Quanta Technology, is scheduled to deliver the keynote address at ISO New England’s public forum on the draft 2019 Regional System Plan (RSP) on Thursday, September 12, 2019, at The Westin Copley Place in Boston. In addition to Novosel’s address and an overview of the draft 2019 RSP report, a panel of industry experts will explore the role of disruptive technologies in transitioning to the power grid of the future, including the challenges and opportunities posed by integrating renewable technologies and reducing carbon emissions.