Current News

by intern

TD Bank, today announced it raised more than $1 million for Special Olympics through TD Bank’s third annual ‘Be a fan’ campaign.
TD Bank surpassed its original $1 million goal through a combination of in-store donations, wristband sales at TD Bank store locations, and internal employee fundraising for six weeks during the summer. TD Bank customers and employees purchased more than 168,000 ‘Be a fan’ wristbands with all proceeds contributing to the total money raised.
So far this year, more than 3,000 TD Bank employees have pledged their time to volunteer at Special Olympics events, including Summer Games events throughout the TD Bank footprint, where they helped lead athletes to their events, assisted with health screenings and cheered on the athletes during opening ceremonies.

by tim

While ahead of its time when it was originally deployed, the legacy PShift network in the Morrisville area was no longer delivering an end user experience that was up to the GAW service standard. GAW upgraded its broadband access speeds that also accommodate Internet, Voice and DirecTV. With the new upgrade, GAW management made the decision to wave the customary two-year contract at the time of the upgrades, to support the current customer base.
Although not as quickly deployed as we anticipated, we took the time to create a superior solution for our customers.’ said Josh Garza, CEO, GAW. ‘The subscriber response to the increased speeds and improved service has been overwhelming. Both current and new users are expressing their delight in having the best alternative in the market. Nearly 100 customers chose to upgrade to the highest Internet speeds in their area, which reach upwards of 6 mbps. ‘

by tim

Getting a ‘higher education’ in Vermont takes a deeper meaning today as the Consortium of Vermont Colleges (CVC) -- and Ski Vermont announce a partnership expected to boost both tourism and enrollment at Vermont’s many public and private institutions of higher education.
CVC and Ski Vermont share a passion for providing high quality, transformative experiences, whether on campus or in Vermont’s mountains, said Nate Ball from Vermont Technical College and chairman of the council’s promotions committee.

by tim

Construction of the first of three new residence halls at Champlain College began this summer adjacent to Skiff Hall on South Willard Street. The project, dubbed "Res-Tri," is part of the College's Master Plan to provide campus housing for up to 90 percent of its 2,000 undergraduate students, according to Michel George, Associate Vice President of Campus Planning and Auxiliary Services.
It is anticipated that the building will be completed and ready for occupancy for the Fall 2012 semester. The second and third residence halls have received their permits, but no construction date has been set.
"We're very excited [about the project]," said George. "It will help us better serve the needs of our students and add to the aesthetics of the neighborhood. It's a win-win for everybody involved."

by tim

Revision officially marks its expansion into the Soldier Systems helmet business with a significant 3-year contract to develop the U.S. Army’s next-generation head protection system. The $1,990,340 award is for Revision to continue the design, development and demonstration of a modular and scalable headgear system for mounted and dismounted soldiers, and to mature it to a Technology Readiness Level 6. The new system is intended to provide impact protection improvements over current generation helmets and the integration of electronics and power. It will also allow soldiers to tailor their protection level and operating equipment to the specific mission at hand.

Head Protection System with Ergonomic Retention System and Multi-Purpose Front Mount.

by tim

Green Mountain Power (GMP) and Saint Michael's College today announced the unveiling of a public electric vehicle (EV) charging station on the Saint Michael's campus. The new station is a partnership between GMP and St. Michael's and will allow drivers to charge a vehicle at no cost for the first year.
"We are very excited to launch this new EV charging station in partnership with Saint Michael's College," said Mary Powell, President and CEO of Green Mountain Power. "At GMP we are committed to a triple bottom-line of cost, carbon and reliability. Building charging station infrastructure is critical for the adoption of electric vehicles. This project and others like it will also help GMP learn more about how people use electric vehicles so we can move away from fossil fuels based transportation without jeopardizing reliability and cost."

by tim

The Vermont Housing Data Website (www.housingdata.org) has added hundreds of Census data including Census 2010 demographic information and detailed estimates on home heating sources and housing cost burdens from the US Census Bureau’s American Community Survey (ACS).
‘Even though we created the site eight years ago, the recent housing market upheaval nationally has made it clear that an accurate and comprehensive understanding of the local housing market like Vermont helps prevent some of the mistakes we’ve seen in other states,’ said Executive Director Sarah Carpenter.
‘By including the newest data as it becomes available, Vermont is in a better position to understand what’s happening locally as housing needs change. This starts the conversation about the most appropriate policy and programmatic responses for the future,’ she continued.

by tim

Governor Peter Shumlin said a recent federal Department of Energy review of the Department of Public Service, which serves as Vermont’s State Energy Office, found that Vermont’s use of stimulus funds has helped schools, municipalities, businesses and others statewide switch to renewable energy sources, implement efficiency measures, and hold down power costs.
‘These funds have gone directly to communities to save taxpayers money, reduce energy consumption and create jobs,’ Gov. Shumlin said. ‘We have used our federal stimulus award to create long-term energy savings for Vermonters and to speed our transition to a clean energy future. I am very proud of our state employees in the Department of Public Service for their hard work in getting these funds out the door and into the hands of our schools, towns, and state buildings to create energy savings statewide.’

by tim

The City of Burlington is one of a handful of prominent cities around the country and the world participating in the 2011 Carbon Disclosure Project’s ‘Global Report on C40 Cities.’ The report, issued in June, summarizes carbon emissions from ‘C40’ cities ‘ large cities around the world which have joined together with a commitment to tackling climate change ‘as well as 6 additional cities, including Burlington, which voluntarily disclosed information on their carbon footprint. Burlington joins cities such as New York, Chicago, Berlin, Dhaka, Hong King, London, Lagos, Taipei, and San Francisco in participating in the report, among others.

by tim

Green Mountain Coffee Roasters, Inc., (GMCR) (NASDAQ: GMCR), a leader in specialty coffee and coffeemakers, today announced its fiscal 2011 third quarter results for the thirteen weeks ended June 25, 2011.
Third Quarter Fiscal 2011 Performance Highlights*

Net sales up 127% over the same period in fiscal 2010
GAAP EPS of $0.37; Non-GAAP EPS of $0.49
GAAP operating income increases 215% over Q3'10; Non-GAAP operating income improves 185% over the year ago quarter
GAAP net income increases 206% over Q3'10; Non-GAAP net income up 167% over Q3'10

by tim

The touch of an iPhone’ which brought the last of 382 solar trackers into position perpendicular with the sun’ marked the commissioning of the largest solar installation in Vermont and the largest installation of its kind in all of North America.

by tim

The Vermont Investors Forum is seeking applicants for their 19th annual event to be held at the Stowe Mountain Resort, on October 21. Each year angel and institutional investors from around the region hear from a select group of companies seeking to raise equity capital and expand their networks at VIF.
Over the years, the Forum has proven itself as one of the best ways to connect companies with capital. Stephen Luhr, Founder and CEO of Hammerhead Sleds commented, ‘We found our first real investor at the Vermont Investors Forum, which lead to his angel group and our biggest investment to date. Any one investment group pitch is not the answer; it’s the culmination of fine tuning, practice and vetting your idea. VIF is a real good way to catch a wide variety of people in the 'circle'."