Current News

by tim

Governor Douglas will the the recently passed e-waste bill into law at the Chittenden Solid Waste District's Williston Drop-Off Center on Redmond Road. The signing is scheduled for 3 pm.
Attendees at this event will include legislators who worked on the bill, Agency of Natural Resources Secretary Jonathon Wood, CSWD staff and board members, VPIRG, and other interested parties. This event coincides with Earth Day week.

by tim

Average retail gasoline prices in Vermont moved just 0.3 cents per gallon in the past week, averaging $2.90/g today. This compares with the national average that has stayed flat, moving just 1 cent per gallon in the last week to $2.87/g, according to gasoline price website VermontGasPrices.com.
Including the change in gas prices in Vermont during the past week, prices today are 87.2 cents per gallon higher than the same day one year ago and are 5.1 cents per gallon higher than a month ago. The national average has increased 5.9 cents per gallon during the last month and stands 83.4 cents per gallon higher than this day a year ago.
Source: VermontGasPrices.com. 4.19.2010

by tim

The Board of Trustees of Goddard College has elected Dr Barbara Vacarr as its next president. Dr Vacarr is currently serving as Director of Lesley University’s School of Education PhD Programs in Cambridge. The announcement came following a special meeting of Goddard’s Board of Trustees. Vacarr is expected to assume leadership of Goddard College on July 1, 2010, when President Mark Schulman steps away. Dr Schulman, Goddard’s third-longest serving president, has led Goddard since 2003.

by tim

The National Governors Association (NGA) has selected Vermont, as one of only six states, to develop high-quality, comprehensive state early childhood systems through a new initiative, Ready States: A Project to Develop Key Components of State Early Childhood Infrastructure. With a history of successful investments in early childhood systems and a high rating for child health and wellbeing, Vermont has the vision, team, and commitment to use this technical assistance to help ensure that all Vermont’s young children get what they need to grow, learn and thrive.
“This opportunity comes at a perfect time,” Governor Douglas said of the award. “Vermont is committed to redesigning how we provide government services with a focus on performance-based measures and greater accountability using data to improve outcomes and service delivery. The NGA’s “Ready States” initiative will help us develop a much needed early childhood data system.”

by tim

The Vermont Farm Women's Fund (VFWF) is offering its next round of grants to help women farmers improve their businesses or become more involved in agricultural policy development. The proposal deadline is May 15, 2010.
VFWF will also offer two free workshops – an in person session and another via conference call. These workshops are designed to answer questions and help prospective applicants understand the elements of a successful proposal. Both workshops will be held on April 27, and registration information is available at http://www.uvm.edu/~vfwf.

by tim

TruexCullins Architecture and Interior Design and Heritage Aviation received the Burlington Business Association's Hertzel N Pasackow Architectural Excellence Award for the General Aviation facility project in South Burlington, Vermont. The total renovation of this vacant 60,000 SF 1955-era Army National Guard hangar, located at the south end of the Burlington International Airport, stripped the existing building of all exterior walls and windows to expose the underlying steel and concrete structure. A 25-foot wide addition at the runway-side of the building increased the size of the existing hangar space and includes a two-story passenger lobby with views to the airport and Vermont landscape through two-story glass windows. The exposed structure was outfitted with a high-performance exterior envelope including insulated metal panels, thermally efficient windows and a new high-insulation-value roof.

by tim

During a Friday afternoon press conference with Vermont dairy leaders in Fairfax, Representative Peter Welch outlined new legislation to prevent volatility in the dairy industry and help Vermont farmers. At the McNall family farm in Fairfax, Welch announced he will introduce the Dairy Price Stabilization Act next week with Rep. Jim Costa (D-CA). The bill seeks to stabilize the milk market by creating a disincentive for farmers to rapidly increase their herd size when prices increase.
“Following last year’s devastating dairy price crisis, the need for a plan to match supply with demand is clear. To delay in addressing the enduring challenges of price volatility is to leave Vermont farmers vulnerable to a system that simply is not working,” Welch said. “Introducing this bill is just a first step, but it is an important step. Working together, we will refine it to ensure that it works for dairy farmers – in Vermont and throughout the country.”

by tim

(Vermont Business Magazine) The Vermont Department of Labor announced today that the seasonally adjusted unemployment rate for March 2010 was 6.5 percent, down one tenth from the revised February rate and down five tenths from a year ago.

by tim

Shelburne Shipyard has been recognized by the Vermont Department of Environmental Conservation as the First Vermont Clean Marina. This recognition is for the Marina’s ongoing efforts in protecting and enhancing the quality of Vermont’s environment...”We made a commitment to be Vermont’s First Clean Marina and our staff made it happen” said Mary Griswold Shelburne Shipyard’s President.

by tim

SBE Inc. (dba SB Electronics), will officially break ground on its new high-volume manufacturing facility on Saturday, April 17. The groundbreaking ceremony is slated to begin at 10 am in the Wilson Industrial Park in Barre, Vermont. Event speakers include Governor Jim Douglas, Lt Governor Brian Dubie, Representative Peter Welch, the US Assistant Secretary of Energy Efficiency and Renewable Energy Cathy Zoi and Sam Matthews, Executive Vice President of the Central Vermont Economic Development Corporation.

by tim

As of 4 pm, today, Vermont Yankee is operating at 94 percent power with a net electrical output of ~589 megawatts. The plant has been operating continuously for 522 days since the last refueling outage back in 2008. The reduced power output indicates the gradual depletion of the fuel as this operating cycle winds down. The main activity on the plant site is the preparation for the refueling and maintenance outage.
Vermont Yankee is bringing in workers from other Entergy plants in the fleet and 800 specialized contractors. Temporary office trailers and cargo containers for such materials as scaffolding are being set up around the site. The construction of the new VELCO switchyard just to the north of the plant site required VY to make some changes to the parking plan for this outage. A temporary parking lot has been set up for more than 700 cars across Route 142 by the town hall in Vernon in the Cersosimo lumber company storage area with service by shuttle buses.

by tim

People's United Financial, Inc.(PBCT 16.64, -0.01, -0.08%) today announced net income of $13.6 million, or $0.04 per share, for the first quarter of 2010, compared to $24.9 million, or $0.07 per share, for the fourth quarter of 2009, and $24.2 million, or $0.07 per share, for the first quarter of 2009. Included in this quarter's results are $23.4 million of merger-related and system conversion expenses. The net impact of these items reduced first quarter 2010 net income by $15.6 million, or $0.04 per share. Excluding the effect of these items, net income would have been $29.2 million, or $0.08 per share, for the first quarter of 2010. As previously reported, People's United Financial completed its acquisition of Financial Federal Corporation on February 19, 2010. Accordingly, Financial Federal's results of operations are included as of the acquisition date, and prior period results have not been restated to include Financial Federal Corporation.