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Labor Dept seeking grant applications for 2021 Vermont Internship Program

Thu, 02/18/2021 - 4:26pm -- tim

Vermont Business Magazine The Vermont Department of Labor announced today it is now accepting applications for the 2021 Vermont Internship Program. Funded by VDOL, the program will award $350,000 to eligible organizations. The program promotes internships by providing grants to organizations that support or match Vermont employers with student-interns from public and private secondary schools, regional technical centers or postsecondary educational institutions.

Sanders: CBO report finds Medicare Part D pays nearly three times more than Medicaid for drugs

Thu, 02/18/2021 - 3:40pm -- tim

Vermont Business Magazine The Medicare Part D program pays far more than any other federal health program for prescription drugs, according to a report released today by the Congressional Budget Office (CBO). The report, “A Comparison of Brand-Name Drug Prices Among Selected Federal Programs,” commissioned by Senate Budget Committee Chair, Senator Bernie Sanders (I-Vermont), found that on average Medicare Part D pays nearly three times more for brand-name drugs purchased at retail pharmacies than Medicaid.

Rutland County Solid Waste District fined for multiple violations

Thu, 02/18/2021 - 2:25pm -- tim

Vermont Business Magazine The Agency of Natural Resources, Department of Environmental Conservation (DEC) announced today that the Rutland County Solid Waste District was fined $37,000 for multiple violations of Vermont’s hazardous waste and solid waste management rules. Hazardous wastes are substances that contain chemicals that are corrosive, flammable, reactive or toxic, and have harmful effects on public health or on the environment. Many sectors create hazardous wastes in Vermont, including small and large businesses, municipalities, and even households.

Bee's Wrap sold to private investor

Thu, 02/18/2021 - 10:19am -- tim

Vermont Business Magazine Bee's Wrap LLC in Middlebury has been sold to an undisclosed, Vermont-based private investor. Financial terms of the sale, which was announced today, were not disclosed. Bee's Wrap is a leading producer of sustainable food wraps that serve as a natural alternative to plastic wrap. The company distributes its products through 3,000+ retail locations across the US and ecommerce channels and reaches over 40 countries across the world. Founder Sarah Kaeck will remain as CEO.

Cota: Vermont's thermal energy transformation

Thu, 02/18/2021 - 4:09am -- tim

by Matt Cota The old adage, don’t put your eggs in one basket, is as true for energy as it is for eggs. Witness what has happened over the past few days. An energy spike in Texas causing rolling blackouts, leaving 2 million people without power, cold and in the dark. Here in Vermont, many homeowners that have an electric air source heat pump received an email warning on February 12 that that their utility will “manage” the device remotely to lower energy consumption during peak demand.

February 22nd Special Meeting of the Vermont Nuclear Decommissioning Citizens Advisory Panel

Thu, 02/18/2021 - 3:57am -- tim

Vermont Business Magazine The Federal Nuclear Waste Policy Committee of the Vermont Nuclear Decommissioning Citizens Advisory Panel (VT NDCAP) will hold a Special Meeting on Monday, February 22, 2021, from 1 PM to 2 PM. In accordance with Vermont Open Meeting Law changes due to the ongoing COVID-19 pandemic, this meeting will be conducted as a Microsoft Teams webcast and teleconference. 

Hanson & Doremus under new ownership

Thu, 02/18/2021 - 3:31am -- tim

Vermont Business Magazine Hanson & Doremus Investment Management is excited to announce the successful transfer of ownership to three of its long-time partners. Sven Eklof, Julie Won, and Art Wright assumed full ownership and management of the firm on January 1 of this year. Former partners Eric Hanson and Anne Doremus have stepped down from their partnership roles but remain actively engaged in the firm’s investment strategy and client advisory work on a part-time basis.

GasBuddy predicts extreme cold will heat up gas prices

Thu, 02/18/2021 - 3:02am -- tim

Vermont Business Magazine Motorists should brace themselves for even higher gas prices in the days ahead, enhanced by the extreme cold weather hitting much of the country. According to GasBuddy, the travel and navigation app used by more North American drivers to save money on gas, the national average price of gasoline may jump 10-20 cents per gallon from its current price of $2.54 per gallon over the next two weeks. Millions of barrels of refining capacity has gone offline due to the extreme cold in the South, with little relief on the horizon as overall gasoline demand continues to recover from the COVID-19 pandemic.

VDH COVID-19 Update: No deaths as more than 20,000 Vermonters 70+ sign up for vax

Wed, 02/17/2021 - 5:45pm -- tim

Vermont Business Magazine The Vermont Department of Health reported 59 new cases of COVID-19 and no new deaths, which are holding at 191 statewide. More than 20,600 of the 33,200 Vermonters who are age 70-74 have now made vaccination appointments through the state’s registration system, since eligibility was expanded to that age group on Tuesday.

Imerys Talc Vermont, subsidiaries complete sale to Magris Resources

Wed, 02/17/2021 - 4:57pm -- tim

Vermont Business Magazine Today, the North American Talc Subsidiaries of Imerys (Imerys Talc America, Imerys Talc Vermont, and Imerys Talc Canada) announced the completion of the sale of substantially all of their assets to affiliates of Magris Resources Canada Inc. The US assets and related operations are now owned by Magris Talc USA, Inc. and the Canadian assets and related operations are now owned by Magris Talc Canada Inc.