by Timothy McQuiston, Vermont Business Magazine Jay Peak Receiver Michael Goldberg has issued his Ninth Interim Report. Goldberg took over the Jay Peak and Burke Mountain resorts following fraud allegations in April 2016. This report notes that he and his team have been in negotiations with several potential buyers of Jay Peak since the resort was put back on the market at the beginning of this year. No timeframe or valuation was provided. Goldberg also is somewhat optimistic for the coming ski season as recent revenue and visitation numbers have been pretty good despite restrictions. And this report was released before news that the Canadian border will be reopening next month.
Vermont Business Magazine The Agency of Commerce and Community Development (ACCD) announced applications are now being accepted for the Brownfield Revitalization Fund. This program was previously announced by Governor Phil Scott as part of Act 74, which appropriated $25,000,000 in General Fund dollars to ACCD and the Agency of Natural Resources (ANR) to provide organizations with assistance in characterizing and cleaning-up brownfields across the state.
Vermont Business Magazine The Office of the United States Attorney for the District of Vermont stated that Sean Fiore, 37, of Burlington, Vermont, pleaded guilty on October 14, 2021, in United States District Court in Burlington, Vermont, to: murder for hire, conspiracy to kidnap and murder a person overseas, conspiracy to produce child pornography, and possession of child pornography.
Vermont Business Magazine GasBuddy Vermont is reporting today that the state's average price of gasoline is $3.24 a gallon, which is 5 cents lower than the US average. Prices have been rising rapidly in recent weeks as the price of world crude oil accelerates. Vermont gas prices are up 8 cents from a week ago and US prices are up 5 cents.
Vermont Business Magazine The Working Lands Enterprise Initiative (WLEI) and governing board (WLEB) were created by the legislature in 2012 to stimulate economic development in the agricultural and forestry sectors. WLEI is a collaborative effort between the Agency of Agriculture, Food, and Markets, Department of Forest, Parks, and Recreation, and the Agency of Commerce and Community Development. The Working Lands Enterprise Board (WLEB) is releasing a Request For Application that will allow a Vermont farm, food, or forest business grant opportunities to invest in and scale-up their business.
Vermont Business Magazine Stonyfield Organic, the country’s leading organic yogurt maker, announces its plans to help save at-risk Northeast organic family farms by inviting a number of farms into their direct supply program during the coming months. The move comes after over 89 regional family farmers recently received notice that their contracts will be terminated by Horizon, owned by Danone North America – leaving them with no outlets for their milk. This includes 27 dairies in Vermont.
Vermont Business Magazine The Vermont Department of Health today is reporting the second highest number of COVID-19 cases since the beginning of the pandemic more than 18 months ago with 327 cases. The previous record was just a month ago with 330 on September 15. Cases were up 195 from Tuesday. There was one additional death for 340 statewide. There were 49 people hospitalized (down two) with 14 in the ICU (down two). Cases in the southern four counties have been relatively high, as they have been in Washington and Franklin counties in recent days.
Vermont Business Magazine Vermont’s Killington Resort, the largest ski and snowboard destination in Eastern North America, announced today that tickets for the 2021 HomeLight Killington Cup will be available for purchase starting Tuesday, October 19 at 10 am ET at killington.com. Taking place November 27-28, the Audi FIS Ski World Cup will once again bring the women’s giant slalom and slalom races to Vermont and is expected to attract US Ski Team superstar and four-time HomeLight Killington Cup slalom victor Mikaela Shiffrin and last season’s overall World Cup winner, Slovakia’s Petra Vlhova, to compete against the best women’s technical alpine skiers in the world.
Vermont Business Magazine It would be a stretch to call Michael Dubin an energy conservationist. However, considering that Dubin started Dollar Shave Club in 2011 and sold the direct-to-consumer razor blade business to Unilever for $1 billion just five years later, it might be worth listening to what he has to say about how to put your personal energy to optimal use.
by Melinda Moulton, CEO, Main Street Landing Thirty-eight years ago, in 1983, I walked into my office on the Burlington Waterfront. There was only a phone on the floor. Much has changed. Today I am announcing that in six months on Friday, April 29, 2022, I am stepping away from Main Street Landing. This company is like a child to me, and she will always live close to my heart. But I have other things to do for the few years I have left on this planet.
Vermont Business Magazine Cindy Turcot, CEO and President of Gardener’s Supply Company, has received the 2021 Terry Ehrich Award for Lifetime Achievement at the Vermont Businesses for Social Responsibility (VBSR) 20th Annual VBSR Awards Ceremony on Tuesday evening. Turcot received the award in recognition of her dedication to the company’s innovative management style and her commitment and furtherance of employee ownership.
Vermont Business Magazine Once again, SRDC is partnering with the Mt Ascutney Regional Commission (MARC) and area towns to develop the list of Priority Projects for state and federal fund eligibility. The Priority Project process is going on in each region in the state and the final product is provided to the Agency of Commerce & Community Development (ACCD), who will share with other funders for consideration in making decisions on grant programs.