Current News

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Vermont Business Magazine Copley Hospital’s expanded Infusion Center, scheduled for completion in spring 2024, will be named The William B. DeLaney Infusion Center after the late Bill DeLaney, a longtime supporter and former patient. DeLaney’s wife, Beverly Vahlteich DeLaney, made the $200,000 gift after learning about the project. Though Bill and Beverly lived for over 50 years in Cleveland, Ohio, they spent their annual summer vacations in Craftsbury. “Bill counted the days to when we could travel to Vermont,” said Beverly, who shared that as Bill’s health declined, he needed weekly blood transfusions. Beverly says she was relieved to learn that Bill could get his required care at Copley. “Thanks to Copley, a happy decision was made that we’d be able to spend another summer at our favorite place.” When Beverly received a notice about the Infusion Center expansion, she quickly jumped at the opportunity to give back.

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Vermont Business Magazine Registration is open to join Vermont educators, government officials, business advisors, business leaders, and students on Feb. 7, 2024 from 8:30 to 11 a.m. for the free 15th annual and fourth virtual Vermont Student Entrepreneurship Day. In the spirit of bringing forward-thinking Vermonters together to encourage exploration of entrepreneurship through creative expression, the theme of this year’s event is, “Vermont Entrepreneurs – Finding Your Groove.”  Vermont students in grades 9 through 12 will hear from enterprising Vermont entrepreneurs and learn from outstanding keynote speakers. More than 300 students and educators participated in last year’s Entrepreneurship Day.

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Vermont Business Magazine Berkshire Bank, a leading community bank with financial centers in New England and New York and branches in southern Vermont, has been included on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Berkshire Bank joins the ranks of 1,384 major U.S. businesses that were also ranked in the 2023-2024 CEI. 

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by John McClaughry The 2024 Vermont legislature will convene a month from now and its members will have to laser focus on the shocking increase projected for education spending. On November 30 Commissioner of Taxes Craig Bolio delivered the projected education tax rates for FY2025. Despite the use of unallocated funds from previous years ($215 million), he projects that next year’s spending will cause an average increase of 18.5% in education tax liabilities. That projection is an unprecedented 12. 01% rate of spending over this year’s. Average per pupil spending is projected to increase by 12.8% (to $22,953) - while the number of pupils will keep sliding down, from 84,009 to 83,433. Commissioner Bolio explains why this is happening. Many districts committed the fiscal sin of funding new services and personnel with one-time Federal money. With those funds disappearing, those districts are now looking to their taxpayers to support the expansion.

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Vermont Business Magazine Senator Peter Welch (D-Vermont) today applauded the announcement of $635,465 in federal grant funding to Vermont State University (VTSU) to expand educational opportunities and workforce development in rural communities. The grant is authorized through the USDA’s Distance Learning & Telemedicine (DLT) grant program, which provides rural communities with key resources to access advanced telecommunications technology and promote more opportunities in rural America.  

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Vermont Business Magazine Governor Phil Scott and Agriculture Secretary Anson Tebbetts visited Paine’s Tree Farm in Morrisville today to celebrate the arrival of the 2023 Christmas season with the help of Vermont’s tree farmers. The Christmas 8trees cut during this visit will decorate the Pavilion Building in Montpelier, which houses the Governor’s Office. According to the most recent USDA Agriculture Census completed in 2017, there are 3,650 acres of Christmas tree production in Vermont across 70 farms with a crop worth more than $2.6 million. Many more Vermonters bring to market Christmas trees, wreaths, garland and other decorator items each year.  

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Vermont Business Magazine New England should have sufficient resources to meet the peak demand for electricity this winter, according to ISO New England, operator of the region’s electric grid. Weather is the largest driver of energy use and resource availability in New England, and ISO New England utilizes a rolling three-week energy supply forecast, incorporating a variety of factors to provide an early warning to the region should energy supplies become constrained. This winter the ISO does not anticipate calling for controlled power outages, and would resort to this drastic step only to prevent a collapse of the power system that would take days or weeks to repair. 

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Vermont Business Magazine After 30 years of policy leadership, Betsy Bishop has announced her departure from the Vermont Chamber of Commerce. A leadership transition for the organization is set for summer 2024. During her 15 years as the President, the Vermont Chamber of Commerce has become the most influential business advocacy organization in the state. Bishop has dedicated her career to the Vermont business community. Her advocacy work has been vital to the promotion and advancement of policies that spur economic development and create jobs statewide.  Bringing innovative direction to the Vermont Chamber, Bishop has built a lobbying powerhouse to ensure policy leaders consider advancing the Vermont economy in their actions. She is also the founder of the Vermont Futures Project, a foundation focused on creating an economic action plan for the state based on data, research, and education.

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Vermont Business Magazine The Vermont State Police has officially opened its new Williston Barracks, as troopers and dispatchers completed the move to the new field station Monday, Dec. 4, 2023. The new barracks is located at 3294 St. George Rd., also known as Vermont Route 2A, about half a mile south of the former barracks location. The new location is adjacent to a new park and ride, which was built simultaneously. VSP’s newest field station covers about 22,600 square feet and has an 11,000-square-foot garage for storage of various special teams vehicles, such as the Crime Scene Search Team, Mobile Command Post, Tactical Services Unit, and Bomb Squad.

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Vermont Business Magazine A meeting convened by the Vermont Chamber of Commerce with Commissioner Peter A. Feldman of the U.S. Consumer Product Safety Commission (CPSC) took place on December 1 at the South Burlington Public Library. Vermont business leaders connected with the Commissioner to learn more about their value as a resource to manufacturers, distributors, and retailers. The meeting also covered approaches to product safety, industry trends and best practices, standards, and opportunities to advance consumer safety together.

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Vermont AOT & State Police Today at approximately 6:50 am, DMV Enforcement and Safety Division responded to a commercial motor vehicle (CMV) crash in Irasburg. The commercial vehicle, a tractor trailer unit loaded with propane, had gone off VT 14, crashed into the Black River, and caught fire. When DMV Enforcement arrived at the scene, EMS was evaluating the operator of the commercial vehicle. Due to the potential for secondary explosions, rescue personnel were moved back 1 mile and began evacuation of residents in the area. The cause of the crash and recovery of the CMV are ongoing. Road closures are expected to last an extended period of time.

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Vermont Business Magazine According to GasBuddy, average gasoline prices in Vermont are $3.42/g, down 1.6 cents per gallon from last week's $3.43/g. The lowest price in the state yesterday was $3.13/g while the highest was $3.63/g, a difference of 50.0 cents per gallon. The national average price of gasoline has fallen 0.4 cents per gallon in the last week, averaging $3.21/g today.