Current News

VermontBiz GlobalFoundries (Nasdaq: GFS)(GF) today announced that it has acquired Tagore Technology’s proprietary and production proven Power Gallium Nitride (GaN) IP portfolio, a high-power density solution designed to push the boundaries of efficiency and performance in a wide range of power applications in automotive, internet of things (IoT) and artificial intelligence (AI) datacenter. As the digital world continues to evolve with technologies like Generative AI, GaN stands out as a pivotal solution for sustainable and efficient power management particularly in datacenters.

VermontBiz Dairy processors across the Northeast United States can now apply for the Dairy Processor Modernization Grant through the Northeast Dairy Business Innovation Center (NE-DBIC).  With a total of $1.2 million in funding, this grant will fund specialized equipment to help processors expand capacity, increase efficiencies, and improve packaging.

VermontBiz Vermont Federal Credit Union has been proudly featured on Forbes' Best-In-State Credit Unions 2024 list. Earning recognition from Forbes for five out of the past six years speaks volumes about Vermont Federal's unwavering commitment and dedication to delivering top-notch financial solutions for members. Each year, only about five percent of credit unions nationwide earn this prestigious recognition.

VermontBiz Average gasoline prices in Burlington have risen 4.0 cents per gallon in the last week, averaging $3.40/g today, according to GasBuddy's survey of 100 stations in Burlington. Prices in Burlington are 24.0 cents per gallon lower than a month ago and stand 23.0 cents per gallon lower than a year ago. The national average price of diesel has risen 1.4 cents in the last week and stands at $3.77 per gallon.

VermontBiz The Vermont Fish and Wildlife Department is asking for help with monitoring wild turkeys during July and August. 

Since 2007, the department has run an annual online survey in August for reporting turkey broods.  Beginning in 2021, the survey was expanded to include July.  The use of citizen scientists in this way facilitates the department’s ability to collect important turkey population and productivity data.

Vermont Agency of Transportation This weekly report is a list of planned construction activities that will impact traffic on state highways and interstates throughout Vermont for the week of July 1. Please remember to drive safely in all work zones. Lives depend on it. 

VermontBiz by Olga Peters Wonderfeet Executive Director Danielle Monroe paused for a phone call while preparing for the museum’s May 11 birthday party. 

“We really want this to be something that everyone in the community can access,” Monroe said. “So when you're playing here, you're also playing with everyone in the community [and Wonderfeet] becomes a common ground, where you're interacting with people who maybe you wouldn't on a regular basis.”

Walking into Wonderfeet is like walking into a Vermont community. From a pint-sized train station to identifying produce at a child-sized farmers’ market, visiting a snowy mountain, serving food at a diner, and sorting recycling items into the side of a replica Casella truck, each exhibit mimics a place children might see daily.

VermontBiz by Olga Peters The revitalization of Rutland County’s economy may hinge on its infrastructure, but not just in the traditional sense of roads, bridges and utilities. It also encompasses the rewriting of the regional plan, the entrepreneurial spirit nurtured at co-working spaces, the welcoming efforts of volunteers and the cultural institutions that enrich the community.

These diverse elements of infrastructure are vital to creating a vibrant community that attracts new residents and businesses.

VermontBiz by Joyce Marcel This story comes in two parts. Ann Clark Ltd. of Rutland is a stone-solid, lean manufacturing business wrapped up in a cheerfully decorated cookie made to look like a cute girl with an upturned nose and a ponytail. So before the cookie crumbles, let’s get into it.

Ann Clark Ltd. makes cookie cutters. Yes, this Rutland company, which employs 32 people and has revenue between $10 million and $15 million a year, dominates the cookie cutter market in North America. It’s only competition globally — and competition is rapid as well as fierce — is China.

Cookie cutters? In Rutland? Who knew?

Vermont Business Magazine It was June 30, 2004 when 35 representatives of software businesses gathered at a Burlington hotel to discuss how to grow and support the region’s emerging software development business sector. The largest company represented was Dealer.com, which at that time had 35 employees. The representatives attending the event, organized by the late Bruce Seifer, who was the assistant director of Burlington’s Community and Economic Development Office, decided to create a new business association. 

VermontBiz AARP announced five organizations throughout Vermont will receive 2024 Community Challenge grants – part of AARP’s largest investment in communities to date with $3.8 million awarded among 343 organizations nationwide. Grantees will implement quick-action projects that help communities become more livable by improving public places; transportation; housing; digital connections; and more, with an emphasis on the needs of adults ages 50 and older.

Vermont Business Magazine Smugglers’ Notch Distillery will mark the official grand opening of its newest Tasting Room and Retail Shop at the Taft Corners Shopping Center in Williston, Vt. on Tuesday, July 2nd in a ribbon-cutting ceremony at 1:30 p.m. Co-founder Jeremy Elliott will be joined by the State of Vermont’s Secretary of the Agency of Commerce and Community Development, Lindsay Kurrle; Commissioner of Economic Development, Joan Goldstein; and Deputy Commissioner of the Dept of Liquor Control, Andrew Collier, with other state and local officials and dignitaries, Williston retail business and restaurant owners, and community members.