Current News

Vermont Business Magazine Nine Vermont-based companies have been recognized on the 2024 Inc. 5000 list of fastest-growing companies in the U.S., as measured by percentage revenue growth between 2020 and 2023. To be eligible for the list, a company must be privately held, for profit and independent; have been founded and generating revenue as of March 31, 2020; have generated a minimum of $100,000 in revenue in 2020; and have generated a minimum of $2 million in revenue in 2023.

Vermont Business Magazine The Vermont Agency of Transportation (AOT) joins law enforcement agencies across the state and nation in urging drivers to make plans and drive sober this Labor Day holiday. From August 16 through September 2, the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) will be working alongside law enforcement across the country for the impaired driving high-visibility enforcement campaign. In Vermont, from 2019 to 2023, 56% of all fatal vehicle crashes involved an impaired driver (impaired includes both drugs and alcohol), and 237 children were involved in crashes with impaired drivers. In 2023, there were 42 fatalities involving an impaired driver.

Vermont State Police Late Wednesday afternoon, Aug. 14, 2024, search and recovery crews recovered a body from the Mad River at Warren Falls believed to be that of missing swimmer Tuan Baldino, 35, of Paramus, New Jersey. The body was taken to the Chief Medical Examiner’s Office in Burlington for an autopsy to determine the cause and manner of death and to confirm identity. This incident does not appear suspicious. Warren Falls and the surrounding river area will remain closed at least through Thursday, Aug. 15. The river remains dangerous and is filled with debris after several logs were removed during the course of the recovery operation. The Vermont State Police cautions the public to expect continued hazardous conditions even after the area re-opens to the public, and to avoid swimming or jumping into the river.

Vermont Business Magazine The Vermont Department of Forests, Parks, and Recreation (FPR) is set to host a public informational meeting to introduce a proposed concept for the relocation and historical reconstruction of the Goodell House, a structure of historic significance located in the Mt. Mansfield State Forest just outside of the Little River State Park in Waterbury. The Goodell House is the last standing structure within the Stevenson Brook Historic Archaeology District (Site VT-WA-0027), a historic district that encompasses a former hill farm community which included several farms, mills, schools, cemeteries, and other structures. The presentation of this concept and a public informational meeting will be held on August 29, 6:00 -8:00 pm, at the Best Western Plus Waterbury Stowe, 45 Blush Hill Rd, Waterbury.

Vermont Business Magazine California industries in search of clean, quiet, reliable power have a new reason to look to NOMAD Transportable Power Systems now that NOMAD units are eligible for vouchers of up to $300,000 under the state’s Clean Off-Road Equipment Voucher Incentive Program (CORE). NOMAD is based in Waterbury, Vermont. NOMAD offers North American-manufactured mobile battery energy storage solutions that can replace diesel generators with clean, silent battery power. CORE vouchers are now available for five NOMAD solutions.

Department of Economic Development More than 1,000 people gathered in Burlington this week for the largest captive insurance conference in the country. The 39th annual event featured a Captive Review awards ceremony, at which Vermont won recognition as the U.S. Domicile of the Year in the category of domiciles with over $5 Billion in gross premiums. This is the 11th time Vermont has won in the category and reflects a dedication to exceptional service.

by Mike Donoghue, Vermont News First, Vermont Business Magazine A Manchester, N.H. man, who officials linked to a more than $636,000 attempted interstate fraud case on an elderly Windsor County woman, has been sentenced to six months in federal prison. Nicholas Melanson, 42, a single father with two children will have until Sept. 27 to get his affairs in order and to find living arrangements for his 16-year-old son to reside. A 20-year-old daughter was in college when Melanson pleaded guilty in December. Chief Federal Judge Christina Reiss in Burlington, Vermont, agreed to recommend a federal prison near Melanson's home that also has a medical facility to deal with the defendant's health issues.

Vermont State Police Search and recovery efforts for missing swimmer Tuan Baldino are resuming today in the Mad River at Warren Falls. The area is closed to the public, and search crews request that people avoid this location. The Vermont State Police will continue to provide updates as the search continues. 

Vermont Business Magazine As democracy faces unprecedented challenges worldwide, Bennington College is taking bold action. This September, the College will launch "Saving Democracy Together," an innovative online and in-person course open to students, alumni, and the public. The program aims to reconnect current political realities with America's founding ideals, just months before a pivotal U.S. presidential election. 

Vermont Business Magazine The Associated Builders & Contractors (ABC) New Hampshire/Vermont Chapter has appointed Matt Musgrave as the association’s Vermont Regional Director. With over a decade of experience in the association business, Musgrave brings a deep understanding of the Vermont construction industry, policy development, and the delivery of value to contractors. Musgrave’s extensive background and expertise in the field make him a valuable addition to the ABC NH/VT team. His experience includes a strong focus on industry-related policy development, particularly in Montpelier, where he has demonstrated a proven ability to influence and shape policy for the betterment of the construction sector.

Vermont Business Magazine The fall semester is just around the corner, yet many students are still unsure about next steps in their education or training journey. A key part of their decision is knowing that they will be able to afford the program they need to further their education. The Free Application for Federal Student Aid, or FAFSA, is a student’s gateway to accessing federal and Vermont grants, loans, and work-study funds. Filing the FAFSA is a critical step for most students, and this year changes by the US Department of Education to the FAFSA, and its failed rollout, have made it even more challenging to support students who are on the fence about their future. In recognition of VSAC’s award-winning work to reach Vermont students and families, the US Department of Education awarded VSAC with a significant grant to provide extra help to students and families this summer.

Vermont Business Magazine Inc. revealed today that Burlington, Vermont-based Quorum ranks No. 1184 on the 2024 Inc. 5000 annual list of the fastest-growing private companies in America. Quorum also ranked no. 93 in Advertising & Marketing. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.