Current News

Vermont Business Magazine The second year of the Northeast Recycling Council’s (NERC) NERC Environmental Sustainability Leadership Award competition has begun. The award will recognize an individual or organization for the impact they have made on sustainable materials management within the NERC 11-state region. Applications for the will be accepted through September 12. To be eligible, an organization or individual must be located within NERC’s 11-member states: Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.

Vermont Business Magazine Vermont Outdoors Woman is sponsoring an outdoor education retreat for adventurous women 18 years and older in Canaan, Vermont on September 14-16, 2018. Fall Doe Camp will offer three days of classes to be held in the woods, in the lodge, on the lake and on the sandy beach as foliage season begins in the Northeast Kingdom of VT.

Doe Camp will be returning to Jackson's Lodge & Log Cabins, a 59 year family tradition providing heated lakefront cabins on beautiful Lake Wallace. Located in Vermont's moose country, Jackson's Cafe is a local favorite for homemade breakfast and baked goods (including gluten free).

Vermont Business Magazine Union Bankshares, Inc (NASDAQ:UNB) today announced results for the three and six months ended June 30, 2018 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended June 30, 2018 was $2.5 million, or $0.54 per share, compared to $2.2 million, or $0.50 per share, for the same period in 2017 and $5.2 million, or $1.16 per share, for the six months ended June 30, 2018, compared to $4.2 million, or $0.93 per share for the same period in 2017.

by Timothy McQuiston, Vermont Business Magazine Personal Income taxes finished the month of June ahead of projections again, pushing General Fund revenues for the month and the now-completed fiscal year well ahead of economists' targets. The latest results were expected given recent results, but are in contrast to the first half of the fiscal year.

Vermont Business Magazine Housing Vermont took ownership of the Depot Square property today. Housing Vermont will operate the property under new management as it makes plans for a substantial renovation and redevelopment of the building for affordable housing and commercial opportunities. The Depot Square apartment building, located in downtown St Johnsbury, is in need of substantial renovations. Financing, design and permitting of the redevelopment plans are expected to take 12 to 24 months to assemble.

Vermont Business Magazine Vermont Governor Phil Scott today welcomed Governor Shinji Hirai of Tottori Prefecture, Japan, to sign a Sister State Agreement between Vermont and Tottori Prefecture, Japan’s smallest prefecture.

“On the face of it, one wouldn’t think there would be much in common between Vermont and Tottori, Japan,” said Governor Scott. “After all, we are over 6,000 miles apart and do not share the same language. However, there are many similarities, from our small populations to our beautiful mountains and outdoor recreation. Vermont looks forward to continuing our relationship with Tottori and to broaden the exchanges to include tourism and trade between the two regions.”

Vermont Business Magazine Senator Patrick Leahy (D-Vermont) hailed the announcement this week that the Vermont State Housing Authority (VSHA) will receive from the US Department of Housing and Urban Development (HUD) a fiscal year 2017 grant of $2 million to address youth homelessness. The funds, as part of HUD’s Youth Homelessness Demonstration Project, are being granted to VSHA on behalf of the Vermont Balance of State Continuum of Care, and in partnership with the Vermont Agency of Human Services and the Vermont Coalition of Runaway and Homeless Youth Programs. The Balance of State Continuum of Care facilitates a coordinated approach to addressing homelessness.

Vermont Business Magazine Late Tuesday night, the House of Representatives approved a bipartisan amendment, authored by Representative Peter Welch (D-Vermont) and Representative Elise Stefanik (R-NY) to appropriate $8.4 million in fiscal year 2019 for the Lake Champlain Basin Program (LCBP). The House Appropriations Committee had recommended a funding level of just $4.4 million.

Vermont Business Magazine Attorney General TJ Donovan today announced the launch of a website to allow Vermonters to provide feedback on a proposed rule affecting clinics that receive Title X funds. The US Department of Health and Human Services (HHS) is writing new rules for recipients of Title X funding. Title X is the only nationwide program for affordable birth control and reproductive health care. The proposed rules would implement a “gag rule” on abortion referrals and redirect funding priorities from the CDC’s birth control recommendations to “natural family planning methods.”

Vermont Business Magazine The Lamoille Housing Partnership (LHP) has commenced work on the Jeudevine Limited Housing Partnership, a $2 million rehabilitation project updating 18 units of affordable housing, plus one commercial space, in Hardwick. Work began this week at one of the three included properties, Highland Avenue.

Vermont Business Magazine Magic Hat is partnering up with Vermont musician and cartoonist James Kochalka to announce a new addition to the Humdinger Collection of bold, limited-edition beers: a Farmhouse Saison with a hometown collaboration dubbed Local Rocker. This classically Belgian-style beer is floral and peppery with light citrus notes and a dry finish. Much like a true rocker, this beer is known for its expressive and forward character. Local Rocker is an ode to the local rock stars of the world, those who bare their souls on stage night after night. They don’t burn out or fade away. They rock on.

The new release will be available for a limited time from July through September in 4-packs of 16oz cans and on draught at select bars.

Vermont Business Magazine Professional tennis returns to Vermont for its second year as the Stowe Mountain Lodge Classic hosts some of the top men's tennis players coming to Stowe to prepare for the US Open, which takes place the following week in New York. The second-year event builds on the success of the 2017 tournament, won by world #22 Albert Ramos, and has continued its partnership with luxury mountainside community, Spruce Peak and Stowe Mountain Lodge, to host the eight-player exhibition event this August 18–22.