Current News

Vermont Business MagazineVail Resorts, Inc(NYSE: MTN) today reported results for the first quarter of fiscal 2018 endedOctober 31, 2017, and provided season pass sales results and certain early ski season indicators. Vail has seen immediate positive impact from its recent acquistions of Stowe Mountain Resort in Vermont and Canada'sWhistler Blackcomb, the largest ski resort in North America.Whileearly season results have been mixed across the Vail network,Whistler Blackcomb andStowehave had a strong start to the season with early snow and cold temperatures conducive to snowmaking.ColoradoandUtahhave been challenged with limited early season terrain.

Vermont Business MagazineGovernor Phil Scott and Agriculture Secretary Anson Tebbetts visited the Vermont Christmas Tree Farm in Barton Wednesday to highlight the importance of these businesses to the rural Vermont landscape and economy. After touring the farm with owners Bill and Sue Tester, Governor Scott cut three trees, two for his offices in Montpelier and one to bring home. The Testers also provided tips on the best method for cutting and transporting the trees back to his Pavilion office.

Vermont Business Magazine The US Environmental Protection Agency's efforts to preserve air and water quality “are really, at this point, in jeopardy,” said Gina McCarthy, who headed the agency under President Barack Obama and spoke Friday afternoon at the University of Vermont. “It is very, very difficult today not to get a little bit down.” Still, everyone must stop worrying, buck up and move forward, she told those who attended the speech, sponsored by UVM’s Rubenstein School of Environment and Natural Resources. That’s what her father would have demanded, McCarthy said.

Vermont Business Magazine Dynapower Company, LLC, the world’s leading independent manufacturer of energy storage inverters and fully-integrated storage systems, today announced that the United States Patent and Trademark Office has issued the company a patent for itsDynamic Transfertechnology. The patented technology enables the seamless transition of an energy storage system with a Dynapower inverter from grid-tied to backup battery power in the event of a grid disturbance.

Vermont Business Magazine EPA has awarded $1,345,000 million in grants to strengthen the capacity of the states to protect and restore wetlands. The Wetland Program Development Grants provide interstate agencies, tribes, and nonprofit organizations with funding to develop and refine comprehensive state and local wetlands programs. Supplemental funding for these projects will be awarded in FY18 but the amounts will be budget dependent.

“These grants are a good example of our productive relationship with state partners, achieving meaningful environmental benefits for American communities by working collaboratively,” said Deb Szaro, acting regional administrator for EPA’s New England office. “Protecting wetlands is a cost-effective way to help communities take advantage of the significant benefits provided by healthy wetlands: buffering from storms and flooding, filtering stormwater, protecting habitat and offering recreational enjoyment.”

Vermont Business Magazine Dynapower Company, the world leader in energy storage inverters and converters, is pleased to announce the first deployments of its patent-pending, UL-listedDPS-250DC converters in utility-scale solar plus storage projects in the Southeastern United States The deployments at three project sites are with two of the nation’s largest independent power producers.

Vermont Business MagazineThe School for International Training this week activated a new solar power project that is expected to produce approximately 260,200 kilowatt hours (kWh) of renewable energy annually and mitigate 183 metric tons of carbon in the first year alone. The 196.5-kilowatt project is also expected to save the institution approximately $10,000 in energy costs per year. The carbon offset equates to more than 105 tons of coal burned annually.

“This project goes a long way in helping SIT move toward our goal of becoming a greener campus,” said SIT President DrSophia Howlett. “It is part of an organization-wide climate action plan to become more energy efficient.”

Vermont Business MagazineIt's that time of year when prospective college students are researching and applying for college admission. Students are eager to find the right college to prepare them for the career and life of their dreams. A top concern of prospective students, and their parents, is the cost of that dream education, and how to pay for it.Green Mountain College(GMC), in Poultney is recognized as the nation's number-one ranked curriculum for environmental, social and economic sustainability. GMCprepares students for productive and fulfilling lives to make a positive difference in the world. And the college is equally dedicated to making their "First in Sustainability" education affordable.

by Timothy McQuiston Vermont Business Magazine The City of Burlington today released the final Schurz Communications Letter of Intent (LOI), following the City Council’s approval of the conceptual LOI at its last meeting on November 27, 2017. The non-binding LOI will be discussed at the City Council’s next meeting on December 11, 2017, and Council’s vote on the definitive documents that memorialize the commitments in the LOI is expected on December 18, 2017.

Vermont Business Magazine Governor Phil Scott issued an Executive Order this week, updating and enhancing the Executive Code of Ethics (Executive Order No. 19-17). Historically, the Code of Ethics has reflected a governor’s interest in ensuring fairness and impartiality in the conduct of State business, while at the same time encouraging the recruitment and retention of those best qualified to serve in government.

Vermont Business Magazine Vermont Senators Patrick Leahy and Bernie Sanders today issued statements calling on Senator Al Franken (D-Minn) to resign. Many of his Democratic colleagues have done likewise and reports indicate that Franken will do so.