Current News

C & S Wholesale Grocers, based in Brattleboro, announced April 1 that it would move its headquarters to a campus-like setting in Keene, NH, by the end of 2003, taking with it 300 employees.

C & S is the third largest wholesale grocer in the country and expects sales to reach $9.5 billion in 2002. It is also the largest Vermont-based company and ranked 20th by Forbes for privately held companies in the country. On Vermont Business Magazine's Vermont 100+, C & S has been the largest Vermont-based company for over a decade, and the first to ever reach $1 billion in annual sales, accomplished in 1995.

Green Mountain Power (NYSE:GMP) proposed a series of innovative programs that would pay its commercial, farm and water heating customers to reduce electric loads during peak usage periods in order to protect electric reliability and to save money for all energy users.
The Company filed with the Vermont Public Service Board Monday five new programs that it developed as part of a statewide and regional effort to develop “load response programs” designed to reduce peak loads when wholesale power prices spike during the hot summer months.
Green Mountain Power made its proposals in a Vermont Public Service Board proceeding initiated to develop statewide load response programs. Green Mountain’s proposals will now be reviewed by the Vermont Department of Public Service and the Vermont Public Service Board, the state's two utility regulatory agencies.

Triple Peaks, LLC, the company formed by Tim and Diane Mueller, owners of Okemo Mountain Resort in Ludlow, was informed March 27, 2002, by the American Skiing Company of Bethel, ME, that they were not going to proceed with the closing of the sale of the Steamboat Ski and Resort Company in Steamboat Springs, CO.
"We are quite surprised and disappointed at this action," said Tim Mueller. "Contrary to some reports, we have been ready, willing and able to close this transaction for some time. We had accommodated ASC's request for a temporary postponement, never having an inkling that they were going to breach our agreement. We are presently exploring with our attorneys the best course of action, before formally responding to this outrageous turn of events."

Dramatically broadening its appeal to target
the corporate meeting and wedding market, The Equinox has broken ground on construction that will create 3,200 additional square feet of flexible, state-of-the-art function space by fall 2002, just in time for the popular fall foliage season.
The centerpiece of the project is The Rockwell Room, named after the internationally renowned New England painter, Norman Rockwell, whose work

Vermont Labor Force Statistics (Seasonally Adjusted)
February 2002 January 2002 February 2001

Total Labor Force 345,500 345,300 333,800

Employment 333,400 332,800 323,000

Unemployment 12,100 12,600 10,800

Elizabeth Bankowski, a consultant in communication and corporate social responsibility has been nominated to serve on Green Mountain Power’s Board of Directors. The election will take place at the Company’s annual meeting of shareholders in May.

Tim and Diane Mueller, owners of Okemo Mountain Resort, will offer eleven scholarship awards for the 2003 school year to high school seniors and college students to assist them to further their education. Okemo has been offering scholarship awards to students since 1988 as a symbol of their commitment to the region's youth and education. Criteria used to select the scholarship recipients include academic achievement, co-curricular involvement and the composition of an essay.
For the 2003 school year, a total of eleven scholarship awards will be offered to high school seniors and college students. The Okemo Mountain Employee Student Scholarship Awards will be presented to four high school or college students who are employed at Okemo. The Okemo Mountain Dependent Student Scholarship Awards will be presented to four dependents of Okemo employees who are high school seniors or to a student

CHILD CARE COUNTS HONOR ROLL 2002

NATIONALLY ACCREDITED CHILD CARE

HOMES

Susan Alexander
1150 Mill Pond Road
Benson, VT 05743
Telephone: (802) 537-2831
CDA

Geralyn Barrows
750 Legend Lane
New Haven, VT 05472
Telephone: (802) 453-3707
CDA

Christina Blais
PO Box 652
North Troy, VT 05859
Telephone: (802) 988-2819
CDA

Louise Bouffard
139 Lakeview Drive
Newport Center, VT 05857
Telephone: (802) 334-1453
CDA

Barbara Bowers
13 South Hill Drive
Essex Junction, VT 05452
Telephone: (802) 878-6061
CDA

Cynthia Brier
18 Hilltop Avenue
Barre, VT 05641
Telephone: (802) 476-5991
CDA

Laura Butler
52 Maplewood Avenue
Milton, VT 05468
Telephone: (802) 893-7501
CDA, NAFCC

Resorts and Great Hotels, The Connoisseur’s Guide to the World’s Best has designated The Equinox resort a “Connoisseur’s Choice” for the year 2002.
Each year the magazine features a select group of the finest hotels and resorts worldwide.
The Equinox shares the “Connoisseur’s Choice” designation in 2002 with such legendary properties as The Plaza, New York City, Pinehurst Resort, North Carolina among others.
“This year’s 15th Anniversary edition represents the hotel and resort industry’s most elite,” said publisher Dan Fox. “It is with great pride and pleasure that we showcase The Equinox in recognition of its ultimate standard of hospitality.”
“We are honored to be associated with such a prestigious group of hotels and resorts,” said Gary Thulander, general manager of The Equinox. “Our goal is to provide the highest quality service and amenities for our guests. This recognition by Resorts and Great Hotels emphasizes our pride in this commitment.”

(Feb 19, 2002) WILLISTON, VT -- Lightship Telecom, an integrated business communications provider to Vermont and New England, today announced a private equity investment of an additional $12.7 million by JPMorgan Partners and Megunticook Management. This new funding represents an initial investment from Megunticook Management and continued support from JPMorgan Partners (formerly JPMorgan Capital Partners) in the Bedford, NH-based company. This investment fully funds Lightship to profitability.

Occupational Health + Rehabilitation Inc (OH+R) is pleased to announce
that Dr. Jay Brown has joined our clinical team in Vermont as the full
time Medical Director. Dr. Brown is Board Certified in Occupational
Medicine and has over 20 years experience in Occupational Medicine, Urgent
Care and Family Practice. He designed a prototype industrial toxicology
database and was formerly the Medical Director of the Bloomington Hospital
Center for Occupational Health and Plant Physician for DaimlerChrysler.

Dr. Brown has affiliations with the International Commission on
Occupational Medicine and the American College of Occupational and
Environmental Medicine. He has been published in the OEM Report,
Occupational and Environmental Infectious Disease: a Practical Guide, and
The Journal of Occupational and Environmental Medicine.

The governor came through on a promise, the state came up with $13 million for the construction, and federal grants provided $2.85 million for training and equipment.
More than 400 people gathered January 14 in Springfield for the dedication of the Howard Dean Education Center. Along with the guest of honor were such dignitaries as Senator James Jeffords, who secured the federal funding; Bob Flint of the Springfield Chamber of Commerce; Pat Moulton of the Springfield Regional Development; new Education Commissioner Ray McNulty; Interim UVM President Edwin Colodny; and State Colleges Chancellor Robert Clarke.