Current News

Vermont Business Magazine Governor Phil Scott today issued the following statement Thursday afternoon: “As the U.S. Senate continues to consider the appointment of Judge Kavanaugh to the U.S. Supreme Court, I urge them to require a thorough, independent and non-partisan FBI investigation into the accusations that have been brought against the Judge and take the appropriate time necessary to do so.

Vermont Business Magazine On Thursday, September 20, the Vermont Housing & Conservation Board awarded $5,838,948 in state and federal funds to create and preserve 146 affordable homes and to conserve 577 acres of forestland with provisions for public access and water quality protection. VHCB Executive Director Gus Seelig said, “We are excited to support investment in nine towns that will result in new affordable housing options, increased recreational opportunities, improved water quality and support for agriculture. The projects funded this month are made possible by the Housing Revenue Bond and other public resources that leverage private investment in order to improve Vermont’s communities, our economy, and our quality of life.”

Vermont Business Magazine Vail Resorts, Inc (NYSE: MTN) today announced that the Company has closed on its acquisition of Triple Peaks, LLC, the parent company of Okemo Mountain Resort in Vermont, Mount Sunapee Resort in New Hampshire and Crested Butte Mountain Resort in Colorado. The Company purchased Triple Peaks from the Mueller family for a final purchase price of approximately $74 million (originally listed at $82 million), after adjustments for certain agreed-upon terms. As part of the transaction and with funds provided by Vail Resorts, Triple Peaks paid off $155 million in leases that all three resorts had with Ski Resort Holdings, LLC, an affiliate of Oz Real Estate.

Vermont Business Magazine Former Vermont Governor Madeleine Kunin and House and Senate Majority Leaders, Representative Jill Krowinski (D-Burlington) and Senator Becca Balint (D-Brattleboro), called on Governor Phil Scott in a statement issued today to stand with other Republican governors who have demanded that the Brett Kavanaugh Supreme Court nomination be delayed.

Larry Hogan of Maryland, Charlie Baker of Massachusetts and John Kasich of Ohio have all called for independent probes to investigate the three sexual assault allegations that have come to light since Kavanaugh was first nominated in July. Kunin, Balint, and Krowinski want Scott to call for similar action. They say Vermonters want a thorough investigation of Kavanaugh before any vote to confirm him for a lifetime appointment.

Vermont Business Magazine Douglas R Horne, Director of the Board of Trustees of the Woodstock Foundation and Chairman of the Woodstock Resort Corporation, today announced the formation of a senior management team to lead future development and enhancement of guest services of the Woodstock Inn & Resort. In making the announcement with Ellen R.C. Pomeroy, Chairman of the Woodstock Foundation, Horne detailed the executive team at the Woodstock Inn & Resort, which includes the appointment of John T Hallowell as President and Managing Director.

Vermont Business Magazine Keurig Dr Pepper (NYSE: KDP) today announced that it has entered into a definitive agreement to acquire CORE Nutrition LLC at a value of $525 million, or approximately $435 million net of anticipated tax benefits. Founded in 2015, the rapidly growing Core Nutrition portfolio includes CORE Hydration, a premium, nutrient-enhanced bottled water, and CORE Organic, USDA-certified organic enhanced fruit hydration, both currently distributed by KDP.

Vermont Business Magazine The Lake Champlain Basin Program seeks proposals for projects that improve water quality and ecosystems in the Lake Champlain watershed. The Program anticipates awarding more than 75 grants totaling more than $890,000 to local organizations, municipalities, and educational institutions. The grants will support projects that advance the goals of the long-term Lake Champlain management plan Opportunities for Action.

Vermont Business Magazine On Thursday, Governor Phil Scott will meet with the Boat Sponsor Gloria Valdez, Commanding Officer Commander Henry Roenke and Chief of the Boat Master Chief Petty Officer James Brownson of the PCU Vermont.

Vermont Business Magazine Vermont Conservation Voters (VCV) released on Wednesday its 2018 Environmental Scorecard. The Scorecard is a tool developed by VCV to help Vermonters track legislators’ voting records on key environmental issues in the latest legislative biennium.

Vermont Business Magazine The Working Lands Enterprise Board announces the 2019 Business Grants request for application release date. The Working Lands Enterprise Initiative supports innovative entrepreneurs at the forefront of Vermont’s Working Lands economy through technical and financial assistance to help growing businesses thrive.

Vermont Business Magazine The classic Vermont village of our imagination – the church with a steeple, the smell of a freshly mowed town green flanked by mature maples and stone walls; a babbling brook, a nearby historic general store, post office, and an assortment of authentic historic homes – exists today in Strafford, Vermont.

The State Downtown Development Board approved the town’s applications to officially designate South Strafford and Stafford Village. The villages respectively became the 150th and 151st village centers officially recognized by the state. The Board celebrated this milestone in the program with ice cream from Strafford Creamery, a one-farm, one-family dairy.

Vermont Business Magazine Following the release of a sworn affidavit from Julie Swetnick detailing new allegations of sexual assault by Brett Kavanaugh, Vermont Senator Patrick Leahy and all 10 Democratic members of the Senate Judiciary Committee today urged President Trump to immediately withdraw the nomination or order an FBI investigation into all allegations.