-A A +A


GMEDC acquires Randolph building for future childcare center

Thu, 03/16/2023 - 11:21am -- tim

Vermont Business Magazine Green Mountain Economic Development Corporation (GMEDC) has closed on the lower building at the former Enterprise Center property on Route 66 in Randolph, the future site of a new, state-of-the-art childcare center. An innovative partnership between GMEDC and Orange County Parent Child Center (OCPCC), OCPCC - Randolph will serve 88 children and is scheduled to open in the Fall of 2024. A culmination of several years of work at the Town, regional, state, and Federal levels, this transaction secures site control and allows GMEDC to move forward with final design development and construction.

Vermont gasoline prices below US average as prices are expected to rise

Thu, 03/16/2023 - 10:22am -- tim

Vermont Business Magazine Average gasoline prices in Vermont are unchanged in the last week at $3.42 per gallon today. They're 5 cents/g lower than a month ago and 82 cents/g lower than a year ago. The national average is $4.43/g and falling after a recent rise. Prices are expected to edge up as summer formulations come on the market. The national average price of diesel has fallen 4.1 cents in the last week and stands at $4.30 per gallon, as diesel prices have been falling steadily.

National Life Group sponsors Spectrum Sleep Out to combat youth homelessness

Thu, 03/16/2023 - 10:05am -- tim

Vermont Business Magazine National Life Group is sponsoring Spectrum Youth & Family Services Sleep Out 2023, in which participants sleep outside to raise awareness and support in combatting youth homelessness. An annual fundraiser, the Sleep Out brings in about $300,000 to help combat homelessness for Vermont teens. Since 2015, The National Life Group Foundation has supported Spectrum through grants and National Life has supported its work through sponsorships. Spectrum has also been a recipient of National Life’s Share the Good, an employee donation match program, as well as being a popular place for employee volunteer hours to be used.

Norwich to host second annual Amazon Web Services (AWS) Business Case Competition

Thu, 03/16/2023 - 10:03am -- tim

Vermont Business Magazine Norwich University announced today that it will host its second annual Amazon Web Services (AWS) Business Case Competition. The event, which is presented by the Norwich University School of Business, will take place on March 30, 2023, where teams of Norwich students will compete and present their work to a panel of judges featuring representatives from AWS. This year’s AWS Business Case will focus on Autonomous Vehicles, Electric Vehicles and Sustainability within Automotive Manufacturing. Winners will be announced at a formal awards ceremony that will take place on the Norwich campus at the Plumley Armory from 5:30 p.m. to 7:30 p.m., featuring a keynote presentation by Lieutenant Governor of the State of Vermont, David Zuckerman, as well as remarks from AWS Director of Professional Services for Industrials and Norwich class of ‘94 graduate, Jon Allen.

UVM senior medical students’ futures revealed at Match Day March 17

Thu, 03/16/2023 - 10:03am -- tim

Vermont Business Magazine The University of Vermont’s graduating medical students are among a record-breaking 43,000* future physicians participating in the National Resident Matching Program’s (NRMP) 2023 Main Residency Match®, the results of which will be revealed on Match Day on Friday, March 17. The UVM Larner College of Medicine’s festivities will take place in the Hoehl Gallery in the Health Science Research Facility beginning at about 11:30 am, with match announcements beginning at noon. UVM’s Match Day event was virtual in 2020 and 2021 and took place in-person at UVM’s Davis Center in 2022. This is the first time since 2019 that the event has taken place on-site at the College of Medicine. Features include a bagpiper-led parade of medical students, short remarks, and students opening their Match envelopes and/or announcing their Match results on stage. 

Vermont State Police arrests suspect in 2022 Rutland City homicide

Thu, 03/16/2023 - 10:01am -- tim

The Vermont State Police has arrested a suspect on murder and other charges in connection with the November fatal shooting in Rutland of Jonathan Naranjo, 26, of Brooklyn, New York. Investigation by VSP following the Nov. 7 homicide identified the shooter as Trayvon Kisling, 18, of Staten Island, New York. Police obtained an arrest warrant for Kisling, and investigators learned earlier this month that Kisling was likely in Vermont. Shortly after noon Wednesday, March 15, 2023, the state police conducted an operation to arrest Kisling. He was located inside a vehicle at a Shell gas station and convenience store in Brandon and taken into custody by members of the Vermont State Police’s Tactical Services Unit. The operation was supported by members of the Vermont Drug Task Force; VSP’s Criminal Field Force divisions, and the Federal Bureau of Investigation. No one was injured.

Welch joins Murray, Stabenow, colleagues in pressing Walgreens, putting national pharmacies on notice to ensure mifepristone access

Wed, 03/15/2023 - 4:27pm -- katie

VermontBiz U.S. Senator Peter Welch (D-VT) joined Patty Murray (D-WA), Chair of the Senate Appropriations Committee, and Debbie Stabenow (D-MI), Chair of the Democratic Policy and Communications Committee (DPCC), along with 16 of their colleagues late Monday in sending letters to seven of the nation’s largest retail pharmacies urging them to provide the strongest possible legal access to mifepristone for patients—and communicate clearly about their plans and policies. In the letters, the Senators request more information about the companies’ plans to provide customers access to mifepristone and underscore the importance of ensuring patients are able to get the safe and effective FDA-approved drug. 

UVM holds groundbreaking ceremony for South Burlington housing complex 

Wed, 03/15/2023 - 3:48pm -- katie

VermontBiz The University of Vermont held a groundbreaking ceremony today for a new housing development, Catamount Run, to be constructed in South Burlington’s City Center in partnership with The Braverman Company and Snyder Homes.

Catamount Run will add more than 550 total beds – primarily for graduate students, faculty, and staff – to UVM’s housing options. Phase I of the project will involve the completion of roughly half the units (well over 250 beds) by next summer, with the additional units being finished and ready for occupancy by Fall 2025. 

“We are excited to break ground on this important project for our students and employees, adding much-needed housing to the area,” UVM President Suresh Garimella said. “We want to sincerely thank our partners on Catamount Run, and the City of South Burlington for its foresight in developing City Center with such a strong focus on housing.” 

HELP committee to hold hearing on Moderna COVID-19 vaccine pricing, CEO to testify

Wed, 03/15/2023 - 11:49am -- tim

Vermont Business Magazine The Senate Health, Education, Labor, and Pensions Committee, chaired by Senator Bernie Sanders (I-Vermont), will hold a hearing next Wednesday, March 22 at 10 a.m. ET entitled, “Taxpayers Paid Billions For It: So Why Would Moderna Consider Quadrupling the Price of the COVID Vaccine?” Moderna CEO Stéphane Bancel – who became a billionaire during the pandemic after U.S. taxpayers gave his company billions of dollars to research, develop, and distribute its COVID-19 vaccine – has agreed to appear, and a panel of experts will also give testimony. Following the invitation for Bancel to testify and urging by Sanders for Moderna to refrain from more than quadrupling the price of its COVID-19 vaccine – to as much as $130 while it costs just $2.85 to manufacture – Moderna announced a new “patient assistance program” to provide free vaccines to uninsured Americans.

Traffic fatalities are up 90% in Vermont, 34% involved alcohol

Wed, 03/15/2023 - 11:37am -- tim

Vermont Business Magazine Traffic fatalities are up 90% in Vermont, and many of those crashes involve alcohol. QuoteWizard by LendingTree analysts found that alcohol was involved in 34% of fatal crashes in Vermont (the US average is 35%). Montana is highest and Utah is lowest. Vermont ranks 6th highest in DUIs per capita (North Dakota highest, Delaware lowest). The penalties for a DUI in Vermont are among the most severe in the nation. Key Findings: 21% of crashes in Vermont involved someone severely impaired; 57 DUI arrests in Vermont were made per 10k registered drivers; Fatal crashes are up 18% nationwide since 2020.

Age Well joins 21st annual March for Meals

Wed, 03/15/2023 - 11:17am -- tim

Vermont Business Magazine Age Well announced that it is joining the 21st annual March for Meals – a month-long, nationwide celebration of Meal on Wheels and our aging neighbors who rely on the vital service to remain health and independent at home. “Age Well is a lifeline for older adults in Northwestern Vermont and the need is rapidly increasing,” said Sara Wool, Director of Development. "Without Meals on Wheels, thousands of older adults in the Northwestern Vermont who are homebound or otherwise unable to provide for themselves would be at risk of hunger and malnutrition," Wool says. “Together, we can keep our older neighbors healthy and at home, where they want to be. Age Well’s Meals on Wheels program relies on generous support from community members, local businesses, organizations, and volunteers to provide this important service.”