Current News

Green Mountain Power (NYSE: GMP)announced its introduction of a new monthly renewable energy service,
CoolHomesm, that will enable its customers to take action in the fight
against global warming. Voluntary charitable donations will help to build
Vermont methane generators and other renewable energy projects, which will
reduce the greenhouse gas emissions that contribute to global warming.
"We've made it very simple for customers to do something that works every
day to fight global warming," said Stephen C. Terry, Green Mountain
Power's Senior Vice President of Corporate and Legal Affairs. "Now our
customers who are concerned about global warming can choose to include a
contribution to the non-profit Clean Air-Cool Planet on their Green
Mountain Power bill each month. Our electricity supply is already
unusually low in emissions. Now our customers can choose to lessen the

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Vermont 100+ List of Largest Companies

C&S leads list again, but probably for last time

BURLINGTON – In its January 2003 issue, Vermont Business Magazine has released
its 17th annual Vermont 100+ list of the states largest companies ranked by revenues.
Once again, C&S Wholesale Grocers in Brattleboro topped the list, but probably for the
last time. C&S reported $9.7 billion in sales in 2002. C&S is the only billion-dollar
company in Vermont; it grew by $1.2 billion since last year. However, C&S announced
early last year that it would move its corporate headquarters to Keene, NH, probably
sometime in 2003. At that point, C&S would no longer qualify.

Fletcher Allen Health Care announced that it has named John K. Evans as interim chief operating officer.
Evans, 47, a 1977 graduate of the University of Vermont, brings 25 years of health care administration experience to Fletcher Allen having held a series of executive level positions at hospitals in the Connecticut area over the last 15 years and having spent 10 years in health care administration in the U.S. Army medical department.
In his role at Fletcher Allen, Evans will be responsible for overseeing the day-to-day operations of the organization and will report directly to Edwin Colodny, interim chief executive officer. He is scheduled to begin work on January 13.
"I am delighted that we have been able to bring John Evans to Fletcher Allen," said Ed Colodny. "John is an experienced health care administrator with strong ties to Vermont. He has extensive experience coordinating the operations of large hospitals in support of patient care."

This month, the Vermont Mentoring Partnership (VMP)leads the state into Mentoring Month, created to recognize the importance of mentoring nationwide. VMP, an organization connecting youth and adults in mentoring programs throughout Vermont, is taking the opportunity to honor Vermont mentors’ dedication and strong sense of community service. VMP currently supports 136 mentor programs statewide, serving over 2,000 youth.
The theme for National Mentoring Month is "Who mentored you? Thank them ... and pass it on! Mentor a child." The philosophy behind "Who mentored you?" is to encourage individuals to recognize the importance of mentoring by inspiring them to think about people in their own lives– family members, teachers, coaches, clergy, neighbors– who provided support, and helped them learn and become who they are today.

The SBA is proud to announce the launch of the SBAExchange Pilot Program, an electronic tool designed to facilitate small business purchasing opportunities with the government sector. With SBAExchange, government agencies can award purchase acquisitions up to $100,000 and make payments with a government-wide commercial purchasing card.
SBAExchange will help small businesses compete for purchases that are currently being obtained through other contracting methods.
To participate, small businesses must obtain an Internet-based Supplier Web Site from www.SBAExchange.gov. Through the Supplier Web Site, a small business will receive the following benefits:
a fully hosted, supplier-branded e-commerce website;

an electronic catalog;

a centralized order management system for receiving and processing Internet-based orders from
federal, state, local and commercial buying authorities;

Northern Power Systems has launched a
new interactive website: www.northernpower.com
and established a west coast presence to
support its rapid growth as a leading provider of state-of-the-art power
solutions. Serving commercial, industrial, and government audiences, the
new site is a resource for information about
on-site power, integrated power, renewable energy and isolated utility
power. In addition, the company announced it has opened a new office space
at 33 New Montgomery St., Suite 1280, in the middle of San Francisco's
financial district. The new office furthers Northern's commitment to better
service customers affected by the instability of grid-supplied power brought
about through deregulation of the regional electric markets.
Visitors to the new website will be able to obtain information on power

Sugarbush Resort announced that it has acquired the Blue Tooth, a Warren restaurant and bar located on the Sugarbush Access Road.
Formerly owned and operated by Hobs Moyer for more than 20 years, the Blue Tooth was built by Tom Storrs in 1963. Once named one of the top ten ski resort nightclubs in the country, the Blue Tooth has a rich history as part of the Mad River Valley apres-ski scene of the 1960’s through 1980’s.
According to Sugarbush president and general manager Bob Ackland, the resort plans to add “new life” to the restaurant without making large changes in the immediate future. Sugarbush’s acquisition of the property is intended to provide more diversity for on-mountain entertainment.

The New England Innkeepers Association (NEIA) elected the new officers and Board of Directors
for 2002-2003.
The new officers are as follows: Paul Ronty Jr. (Chairman of the Board)
of The Mount Washington Hotel & Resort, Bretton Woods, NH; Michael Downing
(President) of The Johnson & Wales University Hotel, Seekonk, MA; Jim
Lamberti (1st Vice President) of the Inn at Essex, Essex Junction, VT; Bob
Smith, (2nd Vice President) Sebasco Harbor Resort, Sebasco Estates, ME and
Tim O’Reilly (Treasurer) of the Castle Hill Inn and Resort, Newport, RI.
The new state vice presidents include: Maureen McQuade of the Inn by The
Sea, Cape Elizabeth, ME; Sharon Wroblewski of the Bernerhof Inn, Jackson,
NH; Steve Gardiner of Avon Old Farms, Avon, CT; Marilyn Pastore of the Inn
at Mt. View Farm, East Burke, VT; Karl Sabo of the Deerfield Inn,

Michael Flynn, managing partner of the Burlington, VT CPA and consulting firm, Gallagher, Flynn & Company, LLP, is pleased to announce that Brian J. Monbouquette joined the firm as a partner. Brian will direct the firm's tax practice, in addition to consulting with clients about taxes, mergers and acquisitions, strategic alliances, and raising capital.

Aaron Frank has recently joined the Chittenden County Transportation Authority (CCTA) as Transit Planner. Mr. Frank graduated from Johnson State College and completed his Master’s degree in public administration at University of North Carolina at Chapel Hill.
Most recently he worked as Director of Planning in Chattanooga, Tennessee on service planning, intelligent transportation systems, grants, capital budgeting, procurements, and metropolitan transportation planning. After restructuring existing routes adding service with grants he applied for, ridership increased by 2-5% annually thereafter.
In his role as Transit Planner at CCTA, Frank will analyze CCTA's routes in terms of their ability to meet current travel and development patterns which have changed since many of the routes were initiated. He will also be looking for additional partnerships with institutions with parking and transportation needs.

Turin Networks, Inc., a leading developer and supplier of multiservice optical transport platforms for network service providers, announced that Vermont Telephone Company, commonly known as VTel, has chosen Turin Networks’ Traverse™ Platform to build a high-capacity optical backbone for delivering broadband data services as well as traditional voice services to their customers.
“We are dedicated to providing the members of our local community with the same type of advanced telecommunications services that are available in larger metropolitan areas," said Norm Koch, VP of Network Operations, Vermont Telephone. “This upgrade increases the bandwidth capacity of our optical backbone four fold, enabling us to continue to provide our residential and business customers with affordable broadband data services such as DSL, and paving the way for VTel to offer emerging high-speed services such as Ethernet in the future.”

Over the past several years Hubbardton Forge has experienced steady
growth and developed a reputation for quality and design excellence in the
lighting industry. 2002 has been a year dedicated to building a team to
manage the continuing growth and the resulting change that growth
inevitably brings. The team building is nearing completion, with the
appointments over the last six months of the following individuals to key
positions: Martin T. Quigley, Operations Manager; Terry
Carvalho-Vamvalis, Sales Manager; Dan Browdy, IT Manager; Rick Brunner,
Designer; and Cathy Van Yperen, Corporate Communications.
Martin Quigley, Operations Manager. Martin Quigley has a B.S. and a M.S.
in Chemical Engineering from Columbia University, and recently completed
his M.B.A. at Case Western Reserve University's Weatherhead School of
Management in Cleveland, Ohio. Among his responsibilities at Hubbardton