Current News
by tim
VERMONT FEDERAL PRESIDENT ANNOUNCES RETIREMENT PLANS AT 55th ANNUAL MEETING
Burlington, VT. - July 8, 2008 - At the 55th Annual Meeting & Gala of Vermont Federal Credit Union, which took place on Saturday, April 12th, at UVM's Dudley Davis Center, President and Chief Executive Officer Joseph M. Finnigan announced his retirement, effective March, 2009. Finnigan will remain on as treasurer of the credit union board of directors through at least his full term which commences in 2010. An active search is underway for his successor.
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Glenn McRae to be New Intervale Center Executive Director
Burlington, Vermont - The Intervale Center has announced that its Board of Directors had appointed Glenn McRae as the organization's new Executive Director.
Glenn McRae has more than 20 years of experience in managing nonprofit organizations. Since 2003, he has been Director of Public Policy Development at the Snelling Center for Government. Previously he served as Executive Director of Vermont Businesses for Social Responsibility as well as the Association of Vermont Recyclers. He worked with the Vermont Community Foundation for twelve years to develop nonprofit leadership and management education initiatives. McRae has regularly consulted with nonprofit organizations on capacity building across Vermont and internationally. Holding a Ph.D. in Anthropology, McRae has been a member of the graduate faculty with the University of Vermont's Master of Public Administration Program.
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Governors Urge Federal Government to Increase LIHEAP Funding to $1B
for New England States
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Jobless claims down from last week, up from last year
There were 772 new regular benefit claims for Unemployment Insurance last week, a decrease of 139 from the week before. Altogether 6,949 new and continuing claims were filed, 11 less than a week ago and 811 more than a year earlier.
To view graph and table of statistics go to:
Jobless Table
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LAKE CHAMPLAIN MARITIME FESTIVAL LED BY INCOMPARABLE TEAM
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Ultramotive Corporation, a Bethel-based company in the field of pressurized dispensing technology, recently launched the environmentally-friendly EarthSafe Air Power System, a breakthrough replacement for traditional aerosol cans, as part of its latest global environmental initiative.
The EarthSafe Air Power System uses compressed air as a propellant instead of the customary hydrocarbon gases. The System, the brainchild of Ultramotive founder and President Chris Scheindel, features an innovative valve system, Delbar Piston, and EarthSafe Sealing Plug. Where traditional aerosol cans contained a mixture of the product and hydrocarbon gases sprayed indiscriminately through the nozzle, EarthSafe Air Power System separates the product from the air pressure below that propels it through an innovative valve system.
It is an inexpensive packaging option for the industry in a country where hydrocarbons contribute to air pollution and linger in the environment.
by tim
Albert C. DeCiccio, former Academic Dean of Rivier College in Nashua, N.H.,
Named Provost at Southern Vermont College
(Bennington, Vt.) -- Southern Vermont College has selected Albert C. DeCiccio, the former Academic Dean of Rivier College, a Catholic liberal arts college in Nashua, N.H., to fill the newly created post of Provost. He assumed the position as the college's Chief Academic Officer on July 7.
DeCiccio earned his undergraduate degree at Merrimack College in 1974, his master's degree in English from SUNY Albany, and his doctorate in English, Rhetoric and Composition from Arizona State University.
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EPA, University of Vermont's Gund Institute Team Up to Develop New Ways to Understand Ecosystem Services
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July 8, 2008, Brattleboro, VT - FiberMark, a leading producer of specialty covering materials for a variety of applications including office products, publishing and luxury packaging, is pleased to announce that it has acquired the pressboard business of Brownville Specialty Paper Products, based in Brownville, New York.
Founded in 1991, Brownville Specialty Paper Products (BSPP) manufactures many types of specialty grades of paper board used in multiple applications including food packaging, office products, graphic arts and the automotive industry, among others. FiberMark will integrate BSPP's pressboard grades into its portfolio of office product materials, which include a wide range of pressboards and cover stocks from lightweight to heavyweight for repeat-use applications such as filing, binding and presentation products.
BSPP's owners anticipate a seamless transition to FiberMark while transitioning out of the office products business.
by tim
groSolar Acquires Chesapeake Solar
North American Solar Energy Leader Strengthens Mid-Atlantic Base
July 8, 2008 - White River Jct., VT - groSolar, North America's premier provider of solar energy solutions, announced today the acquisition of Chesapeake Solar, a leading installer of solar energy systems in the Mid-Atlantic region.
The acquisition makes groSolar one of the nation's largest solar energy providers and extends the company's reach, enabling groSolar to install more solar solutions on more homes and businesses in its effort to fight climate change and save customers money on energy costs.
by tim
Merchants Bank Announces Sale/Lease-Back Agreement of Headquarters
SOUTH BURLINGTON, VT-Michael R. Tuttle, President and CEO of Merchants Bank has announced that the Bank entered into two agreements, effecting the sale and lease-back of its principal office, located at 275 Kennedy Drive in South Burlington, Vermont.