Current News

Vermont Fish & Wildlife The recent arrival of cold temperature has formed early-season ice on Vermont ponds, lakes and rivers. The Vermont Fish & Wildlife Department reminds winter enthusiasts that ice should never be considered safe and ice conditions vary. F&W officers also made several arrests, mainly for deer poaching, in Chittenden County last fall. And William Pinney, 65, of Warren, is the lucky winner of the 2017 Vermont Lifetime Hunting and Fishing License Lottery.

Vermont Business Magazine New England Federal Credit Union (NEFCU) recently donated $10,000 to the Community Health Centers of Burlington (CHCB). On hand at the Riverside Health Center to receive the symbolic “big check” from NEFCU Senior Marketing Executive Cindy Morgan for CHCB was Kim Anderson, Director of Development and Communications. CHCB plans to use the contribution toward their mission of health care for the whole community.

Vermont Business Magazine Mayor Miro Weinberger released the following statement Wednesday in response to news of the upcoming closure of Macy’s department store expected in March 2018. Macy's is expected to announce Thursday that the Burlington location is part of the iconic department store chain's closure of 100 stores nationwide. It also owns Bloomingdale's. The Macy's location is not technically part of the $225 million redevelopment of the Burlington Town Center mall off Church Street, as it has a different property owner. It is the only Macy's in Vermont.

Vermont Business Magazine Attorney General Thomas J Donovan, Jr and Department of Financial Regulation Commissioner Michael S Pieciak announced today that they have reached a $45 million settlement with New Jersey-based mortgage lender and servicer PHH Mortgage Corporation, along with 49 other state Attorneys General and 46 other state financial regulators. Under the settlement, approximately 200 Vermonters may be eligible to receive a payment from a $30.4 million settlement fund, and the State of Vermont will receive an administrative penalty payment of approximately $160,000.

Vermont Business Magazine Attorney Peter D Van Oot is leaving the law firm where he has practiced for more than 30 years to join a new venture with Dr Robert Simpson, the former chief executive officer of the Brattleboro Retreat. The new business, called The Difference Leadership Group, counsels for-profit and non-profit leaders in governance and leadership. DRM environmental law attorney Trey Martin will work with Van Oot’s environmental law clients going forward.

Vermont Business Magazine North Hartland Tool Corporation (NHTC), manufacturer of precision gages and fixtures, is pleased to announce the expansion of their manufacturing facility located in North Hartland, Vermont. The building expansion will allow for new equipment and software incorporating the latest “lights out” technology. With these updates, the company will increase its hours of manufacturing and workforce to meet the growing demands in the design and manufacturing of precision instruments and aerospace tooling.

“We are excited by our company’s expansion which will streamline our processes from tooling design to completed manufacturing and allow us to meet the increasing demands in the aerospace industry and continue our upward revenue growth,” said John Mullen, CEO.

Vermont Business Magazine The most employable data analysts and statisticians in 21st century jobs will need more than just the technical and math training that equips them to meet squarely a tsunami of high-tech information flooding fields as diverse as public health, government or community policing, say curriculum leaders at Saint Michael’s College in Vermont. The best analysts also will possess the creativity afforded by broad liberal arts education to make something substantial and useful from so much data.

Vermont Business Magazine The Vermont Manufacturing Extension Center (VMEC) has announced the results of its December 5, 2017, annual election of VMEC Advisory Board members. Lisa Groeneveld, COO/ Co-Owner, Logic Supply (South Burlington) was newly elected to the VMEC Advisory Board for a two-year term. The following existing Board members were unanimously re-elected to additional two-year terms: Dave Blittersdorf, CEO/ Founder, All Earth Renewables (Williston); Tommy Harmon, CEO/ Owner, Sonnax Industries (Bellows Falls); Ben Riehl, President & CEO, GW Plastics (Bethel) and Ed Townley, President and CEO, Agri-Mark / Cabot Creamery (Waitsfield).

Vermont Business Magazine Vermont Federal Credit Union ranked highly in Callahan & Associates Return of the Member (ROM) Scoring in the 3^rd Quarter 2017. Callahan & Associates is a credit union research and consulting firm that supports credit unions by providing actionable data, fostering collaboration, and driving groundbreaking innovation. Callahan’s Return of the Member index quantifies the value that credit unions provide their member-owners in terms of savings, lending and product usage and how it funnels its profits back to its members.

In the third quarter of 2017, Vermont Federal Credit Union ranked 1st for Vermont credit unions and 5th amongst all credit unions in the country with assets from $500 million to $1 billion for this member value score. The credit union ranked 32nd amongst the roughly 5,761 credit unions in the country.

Vermont Business Magazine St Albans City School in Saint Albans has been named the Vermont state winner in the Samsung Solve for Tomorrow Contest, a program that encourages teachers and students to solve real-world issues in their community using classroom skills in science, technology, engineering and math (STEAM).

Vermont Business Magazine Citizens Financial Group, Inc (NYSE: CFG) announced a year-end decision to make additional investments in its colleagues and the communities it serves following the new law on federal tax reform.

Vermont Business Magazine While Americans are moving westward, flocking to the Mountain and Pacific West and the Northeast and Midwest continue to lose residents, Vermont had the highest rate of in-migration in the nation and was the only state in the Northeast with a positive trend. In 2017, more residents moved out of Illinois than any other state with 63 percent of moves being outbound. Vermont had the highest percentage of inbound migration in 2017 with nearly 68 percent of moves to and from the state being inbound. Those are the results of the United Van Lines' 41st Annual National Movers Study, which tracks customers' state-to-state migration patterns over the past year.