Current News

Vermont Business Magazine Burlington is one step closer to a new high school and technical center. Today, demolition began on the first of five buildings on the sprawling campus of the former high school and technical center. EnviroVantage, the company overseeing demolition, has been working for months, marking, removing, abating asbestos, and creating remediation plans for contaminated building materials. Last Friday, the company received final air clearances for asbestos, meaning the building was ready for exterior demolition to begin. BSD expects the project’s construction manager Whiting-Turning to begin construction this July while EnviroVantage continues demolition, remediation, and removal of material. The District expects substantial completion of the project to be done in November of 2025, with students and staff slated to begin in the new building in January of 2026.

Vermont Business Magazine The Community College of Vermont (CCV) will hold its 2023 commencement ceremony at Norwich University’s Shapiro Field House in Northfield, Vermont on Saturday, June 3. The ceremony will begin at 2:00 p.m. More than 450 students will be awarded associate degrees. The College has announced that this year’s keynote speaker will be Kyle Clark, founder and CEO of BETA Technologies, a South Burlington-based company working to electrify aviation. A native Vermonter, Kyle is an entrepreneur, aerospace engineer, pilot, and former NHL athlete who holds a degree in materials science and engineering from Harvard University. Kyle and his team at BETA are focused on building solutions that move goods and people more safely, efficiently, and with minimal environmental impact to help shift the transportation paradigm and turn the corner on climate change.

Vermont Business Magazine Kathy Underwood, CEO of Ledyard Financial Group and Ledyard National Bank, announced at the Company’s Annual Meeting of Shareholders on May 18th that she will be retiring on July 3, 2023. Josephine Moran, President of Ledyard, assumed the role of President & Chief Executive Officer effective May 18, 2023. Underwood will continue to serve on Ledyard’s Board of Directors. Moran joined Ledyard on January 31, 2022, as President and Chief Banking Officer. Moran was elected to the Ledyard Board of Directors in January. Moran’s promotion to CEO was part of a succession plan several years in the making. Ledyard is based in Hanover, NH, with a branch in Norwich, Vermont.

Vermont Business Magazine Average gasoline prices in Vermont fell again over the weekend, according to GasBuddy. Vermont prices averaged $3.46 per gallon, down 2.2 cents per gallon from last week's $3.48/g. The lowest price in the state yesterday was $3.25/g while the highest was $3.69/g, a difference of 44.0 cents per gallon. The national average price of gasoline is unchanged in the last week, averaging $3.51/g today.

Vermont Business Magazine According to data released by Forbes Advisor, Vermont is the safest state to drive in the US and is second overall only to Washington, DC. Fatal car accidents are on the rise nationwide. In 2021, more than 39,500 fatal car crashes occurred on U.S. roads, a 10% increase from 2020. In some states, dangerous driving tends to be more common, putting everyone at greater risk when they get behind the wheel. Texas tops the list of worst drivers by state. Five of the top 10 states with the worst drivers are in the South, including Texas, Louisiana, Oklahoma, Kentucky and South Carolina. Seven of the top 10 states with the best drivers are in the East Coast area, including Washington, DC, Vermont, Massachusetts, Connecticut, New Hampshire, New York and Rhode Island.

Vermont Business Magazine National Life Group Chairman, CEO and President Mehran Assadi announced Thursday at an all-employee meeting simulcast between the Vermont and Texas campuses the company’s first national sponsorship, National Hockey League’s Dallas Stars. The sponsorship aligns National Life with the Stars in messaging and programming over four years beginning with the 2023 season. Founded in 1848, National Life marks 175 years in 2023 and this sponsorship is one of many ways the mutually held company is highlighting the anniversary over the course of the year.

Vermont Agency of Agriculture Food & Markets Calling all farmers! Registration is now open for the 9th Annual Vermont Open Farm Week! This year’s event is scheduled to take place from August 6-13, 2023. Open Farm Week provides an excellent opportunity to connect with your community, engage with customers, and highlight the unique aspects of your farm. You can choose any day during the week to host an event, or host on multiple days during the week if your schedule allows! To ensure a memorable experience for visitors, Open Farm Week events must include an activity that is not part of the regular farm schedule. This could include tours of fields or barns, tastings, cooking demonstrations, workshops, direct product sales, and more.

by Joyce Marcel, Vermont Business Magazine How does a self-described delinquent kid from Bellows Falls become a revered comics master with a profound effect on American popular culture? Ask Rick Veitch, who last month finished his three-year term as the fourth Cartoonist Laureate of the State of Vermont. As an aside, the cartooning world adores Vermont precisely because it has a cartoonist laureate; it's the only state in the union that honors the art in this way. The state is cartoon-rich, also having the Center for Cartoon Studies (CCS) in White River Junction, as well as being the home of celebrated cartoonists (and past laureates) like the late New Yorker cartoonist Ed Koren and cartoonist and playwright Alison Bechdel; graphic novelist Tillie Walden is now the state's fifth cartoonist laureate.

Vermont Business Magazine On Friday, May 5th, over 200 tradespeople came together in South Burlington at the construction site of the future headquarters of OnLogic for a Trades Appreciation Party hosted by ReArch Company. Attendees enjoyed a BBQ, ice cream, yard games, and raffle prizes. This event was twofold in that its purpose was to recognize, support, and honor the skilled trades while also raising money to support the Vermont Foodbank. OnLogic and ReArch provided matching donations to the funds raised through raffle ticket sales and charitable donations. The total raised was $15,000. A check was presented to the Vermont Foodbank on Wednesday, May 17.

Vermont Agency of Transportation This weekly report is a list of planned construction activities that will have traffic impacts on state highways throughout Vermont for the week beginning May 22, 2023. Please remember to drive safely in all work zones. Lives depend on it.  

Vermont Business Magazine Town of Williston is exploring the possibility of introducing a local public transit option known as "microtransit" -- an on-demand transportation service for trips around town. Williston is partnering with VTrans and Green Mountain Transit, and the study is being performed by Via Strategies, for planning. The survey that will be used to gauge public interest in microtransit and to gather feedback that will inform how the system may be designed. The survey is intended for those who live, work or conduct business in Williston.

Leonine Public Affairs The 2023 Vermont legislative session ended right on schedule, late in the evening on May 12. The session was defined by a historically large incoming class of new lawmakers and Democratic supermajorities in both the House and Senate. While the first half of the 2023 legislative session was characteristically slow to get up and running, the final months were filled with dramatic policy debate and political maneuvering. The child care initiative, including the payroll tax, was added to H.217, a workers’ compensation bill that passed the legislature before adjournment. Governor Scott has pledged to veto H.217 and the FY2024 budget (H.494) because of the tax increases and spending priorities outlined in both bills. For example, H.494 also includes DMV fee increases, which the governor opposes. When the legislature adjourned Democratic leaders set June 20 as the date to return for a veto session. The Democrats proved the power of their supermajorities the week before adjournment when they successfully overrode the veto of S.5, the bill to create a Clean Heat Standard. However, when it comes to the FY2024 budget, Governor Scott appears he may have support from an unlikely source – the progressive wing of the Democratic caucus in the House.