by C.B. Hall, VermontBiz On Wednesday, August 3, an organic dairy farm in Morristown will become the first in the state to make the switch from Horizon Organic to Organic Valley as its milk marketer. Organic Valley expects to pick up the contents of the Rooney family farm's bulk tank at 9 am., according to a press release from the Wisconsin-based cooperative. Horizon Organic was acquired by Danone North America, a unit of French dairy products giant Groupe Danone, in 2017, and now is one of 16 U.S. brands owned by the conglomerate. In August 2021 Danone North America announced that, as of August 2022, it would cancel contracts for purchasing milk from its 89 organic dairy farm partners in New York and New England, including 28 in Vermont.
by Timothy McQuiston, Vermont Business Magazine A Park City, Utah, resort company has offered to acquire Jay Peak Resort for $58 million. Jay Peak Receiver Michael Goldberg will accept this bid for Vermont’s northern-most ski resort unless a higher bid comes in over the next month. Goldberg announced the bid by Pacific Group Resorts Inc in a filing to the US District Court in Miami on Monday. The court granted Goldberg's motion on August 4. The Pacific Group bid is binding, according to Goldberg, regardless of any other bid. “The time has come for the Receiver to sell the Jay Peak Resort. When the Receiver took over the Jay Peak Resort in April, 2016, it was on the verge of collapse having little money and making very little profit. In fact, the Receiver had many sleepless nights during the summer of 2016 wondering if he would be able to even make payroll."
Vermont Business Magazine The Vermont Department of Labor (VDOL) and State Workforce Development Board (SWDB) have extended Triple Play Job Fest, to include an additional job fair on Friday, August 5 with the Vermont Lake Monsters at Centennial Field in Burlington. Triple Play Job Fest events were held previously in White River Junction (July 22), Montpelier (July 27), and Burlington (July 28). VDOL will also host two more job fairs in the month of August
, in Ludlow, VT on August 9, and, in partnership with NEK Workforce Partners, in Lyndonville on August 18.
Vermont Business Magazine A new collaboration between the Department of Corrections (DOC), the Department of Mental Health (DMH), and Pathways Vermont will help enhance treatment for individuals involved in the criminal justice system. This assistance will come through the evidence-based Forensic Assertive Community Treatment (FACT) practice, which is recognized by the federal Substance Abuse Mental Health and Services Administration (SAMHSA) as having shown success in treating individuals with mental health and/or substance use challenges and who are considered at risk of re-offending.
Vermont Business Magazine Vermont is opening up its working farms and businesses to visitors this summer. This comes as Governor Phil Scott declares August as Agritourism Month in Vermont. The combination of these two industries is important to Vermont’s working landscape and the state’s economy. Dozens of on-farm activities in every corner of the Green Mountains gives the public authentic experiences on how Vermont’s food is grown, raised and produced. Experiences from tasting award-winning food and drink to spending a night on the farm and waking up with the cows create memories for families while supporting Agriculture.
Vermont Business Magazine Vermont has joined a nationwide Anti-Robocall Litigation Task Force of 50 states to investigate and take legal action against the telecommunications companies responsible for bringing foreign robocalls into the U.S. Gateway providers that bring robocalls into the U.S. have a responsibility to ensure the call traffic is legal, but these providers are not doing enough to stop illegal robocalls. The Task Force will focus on the bad actors throughout the telecommunications industry to shut down gateway providers that profit from scam calls and help reduce the number of robocalls nationwide, including in Vermont where an estimated 3 million robocalls hit last month.
Vermont Business Magazine The University of Vermont Medical Center, the anchor academic hospital for the UVM Health Network, has again earned recognition as Vermont’s top hospital with 10 high performing specialties and procedures by U.S. News & World Report, which released its annual “Best Hospitals” rankings this week. In addition, three local Network hospitals in Vermont and Northern New York were recognized for high performing specialties and procedures.
Vermont Business Magazine The first round of Working Lands Enterprise Initiative applications for fiscal year (FY) 2023 is launching! The Working Lands Enterprise Board (WLEB) is releasing two requests for applications (RFA) totaling $140,000 that will allow Vermont working lands service provider organizations and producer associations to invest in projects focused on governance and leadership and building workforce development and executive business skills. The application submittal period will begin August 12. The deadline for application submittals is September 23.
Vermont Business Magazine Senator Bernie Sanders (I-Vermont) on Monday announced more than $42 million, that he requested on behalf of 51 Vermont projects, has been included in the annual Senate Appropriations bills released last week. The bills have to be negotiated before being passed by both the House and Senate and signed into law by the President. Sanders’ Congressionally Directed Spending (CDS) requests for the Fiscal Year 2023 would meet needs across the state and across a number of issue areas, including child care, infrastructure, clean energy and water, farming and agriculture, education, health care, and housing.
Vermont Business Magazine Bank of Burlington has received a certificate of insurance from the Federal Deposit Insurance Company (FDIC) and a Certificate of Authority from the State of Vermont Department of Financial Regulation effective August 2, 2022. Bank of Burlington is the newest Vermont Charted Bank since 1989. Bank of Burlington offers custom lending solutions to Vermont businesses and a full suite of deposit products/services to individuals and businesses. Bank of Burlington is a community bank that is looking toward the future; both in the use of technology and differentiating products.
VermontBiz Whitney Johnson is CEO of the tech-enabled talent development company Disruption Advisors. Whitney is an expert at smart growth leadership. She has worked at FORTUNE 100 companies, and as an award-winning equity analyst on Wall Street. She co-founded the Disruptive Innovation Fund with Harvard Business School’s late Clayton Christensen. She has coached alongside the renowned Marshall Goldsmith, selected by Goldsmith in 2017 as a Top 15 Coach out of a pool of more than 17,000 candidates. Whitney understands how companies work, how investors think, and how the best coaches coach.
Vermont Business Magazine As part of World Breastfeeding Week, August 1-7, the Brattleboro, Springfield and White River Junction communities will come together to honor breastfeeding, chestfeeding and lactation. The annual global celebration will highlight this year’s theme of “Step up for Breastfeeding — Educate and Support,” emphasizing the idea that we need to restore support systems to pre-pandemic levels and strengthen their capacity. The Vermont Department of Health supports and encourages breastfeeding because of its important health benefits for both the person who is lactating and the baby.