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Vermont Castings parent invests $8 million

Thu, 06/21/2018 - 7:21am -- tim

Vermont Business Magazine Hearth & Home Technologies, LLC (HHT), which bought the Vermont Castings Foundry in late 2014, has invested more than $8 million in capital improvements at the plant, including upgrades to the building’s exterior, new equipment and Computer Numeric Control (CNC) machining, renovations to the administrative offices and lunchroom, air compressor upgrades, efficient lighting, and, most recently, installation of a robotic processing center that will increase production capacity and help reduce the risk of workplace injuries.

Smith: Taking your business global

Thu, 06/21/2018 - 5:23am -- tim

by Philip Smith In today’s global economy, Vermont businesses should consider sourcing and selling in foreign markets to grow their business. Whether your company is a subsidiary of a foreign company or a US-grown business looking to expand overseas, it is important to learn the alternatives to structuring foreign payments and receipts. Managing overseas financial transactions is no easy feat. Currency exposure, pricing, foreign bank services and other risks may leave you feeling overwhelmed.

EPA agenda for New England PFAS community engagement event

Thu, 06/21/2018 - 4:23am -- tim

Vermont Business Magazine The US Environmental Protection Agency (EPA) released an early agenda for the inaugural per- and polyfluoroalkyl substances (PFAS) two-day community engagement event at Exeter High School, 1 Blue Hawk Dr., Exeter, New Hampshire. This event allows EPA to hear directly from New England communities, state, local, and tribal partners on how to best help states and communities facing this issue.

Retired Essex Police Chief Brad LaRose nominated to be Vermont’s next US marshal

Wed, 06/20/2018 - 5:29pm -- tim

Vermont Business Magazine President Trump on Wednesday nominated recently retired Essex Police Chief Brad LaRose to be Vermont’s next US marshal. Senator Patrick Leahy (D-Vermont) and Governor Phil Scott (R) had jointly recommended LaRose to the President in January, to fill the vacancy.

Vermont joins multi-state effort to speed transition to zero-emission cars

Wed, 06/20/2018 - 4:54pm -- tim

Vermont Business Magazine Vermont has joined eight other states to reaffirm their commitment to a clean, low carbon transportation sector with the release of a new Multi-State Zero Emission Vehicle (ZEV) Action Plan for 2018-2021, Governmor Phil Scott announced Wednesday. Together, these nine ZEV states represent roughly one-third of the new car sales market in the United States and 25 percent of the U.S. population.

ReArch growing into new HQ

Wed, 06/20/2018 - 4:45pm -- tim

Vermont Business Magazine Construction is underway at 88 Technology Park Way in South Burlington for ReArch Company and Technology Park Partners’ new Corporate Headquarters, which consists of 8,000 square feet of Class A office space. Technology Park Partners recently sold 88 Technology Park Way to New England Federal Credit Union (NEFCU) and are leasing back this space to accommodate their continued growth.

Governor: Families should be kept together

Wed, 06/20/2018 - 2:49pm -- tim

Vermont Business Magazine Governor Phil Scott today issued the following statement in response to federal immigration policy and the situation on the southern border. He also stated that similar action is not being undertaken at the Vermont/Canada border. He reiterated that Vermont has not been asked to send National Guardsmen to the southern border and nor does the governor intend to do so if requested.

VCLF lends $983,250 in Q1 2018

Wed, 06/20/2018 - 10:36am -- tim

Vermont Community Loan Fund Elaine Toohey’s voice doesn’t waver as she tells of her bouts with homelessness, twice in her life, the second time as the young mother of two small children. The breakup of her domestic partnership was one of those life crises, she describes, like losing a job or a death in the family that, for some, can lead to an emergency situation.