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Vermont Creative Network to develop a Northeast Kingdom Creative Economy Action Plan

Thu, 06/21/2018 - 11:51am -- katie

Vermont Business Magazine The Vermont Creative Network, in conjunction with the Vermont Arts Council and an advisory committee comprising Northeast Kingdom (NEK) arts and community leaders, is developing a creative economy action plan for the three-county region. Supported by grants from the U.S. Department of Agriculture (USDA) and the Vermont Community Foundation, the six-month project will result in a comprehensive plan to move the NEK creative sector forward and raise community awareness of the power and potential of the creative economy.

Vermont Wood Works Council hires Lorentz as new Executive Director

Thu, 06/21/2018 - 11:05am -- katie

Vermont Business Magazine The Vermont Wood Works Council, formerly known as the Vermont Wood Manufacturers Association, has announced that Erin Lorentz of GWC will take over the position of Executive Director, previously held by Kathleen Wanner, also of GWC in Rutland, VT. Lorentz has worked for the association since 2006 and has handled communications, events, and other administrative services for its members. 

Weekly unemployment claims up, remain low

Thu, 06/21/2018 - 8:57am -- tim

Vermont Business Magazine Weekly unemployment claims increased slightly last week but remain at a low level typical for this time of year. For the week of June 16, 2018, there were 332 claims, 35 more than than they were the previous week, and 92 fewer than they were a year ago. Altogether 3,288 new and continuing claims were filed, a decrease of 136 from a week ago, and 464 fewer than a year ago. For most weeks of 2017 and 2018 claims have been below the year before.

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.