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$30 billion Senate bill will ease Vermont businesses access to capital

Tue, 09/14/2010 - 9:07am -- tim

The US Senate Tuesday narrowly broke a months-long Republican filibuster by voting 61-37 to advance a small business jobs bill that will boost commercial lending and provide tax relief to small businesses in Vermont and nationwide.
US Senator Patrick Leahy (D-VT), who voted in favor of the bill, expects the Senate to give final approval to the bill on Thursday.

Vermont's Jasper Hill wins 'Tastie' cheese award

Tue, 09/14/2010 - 8:57am -- tim

The October issue of Cooking Light (www.CookingLight.com) features the brand's first-ever Taste Test Awards ‘ "The Tasties." The editors tested 200 food products and came up with the best-tasting winners in 32 categories. Twenty-six of the categories feature grocery store products while six showcase artisanal standouts. The issue hits newsstands September 17th. Vermont's Cellars at Jasper Hill Cabot Clothbound Cheddar won in the artisanal cheese category.

Kelly Brush ride raises $275,000 for SCI research and prevention

Tue, 09/14/2010 - 8:11am -- tim

The 5th annual Kelly Brush Century Ride drew 675 riders and raised $275,000 for spinal cord injury prevention and research on Saturday.
The ride, which began and ended at Middlebury College in Middlebury, Vermont, included 23 participants using hand cycles. The day was postcard perfect with clear blue skies and temperatures in the 70s.

Green Mountain Coffee Roasters to acquire Van Houtte for $900 million

Tue, 09/14/2010 - 4:46am -- tim

Green Mountain Coffee Roasters, Inc (NASDAQ: GMCR) announced today that it has executed a Share Purchase Agreement pursuant to which GMCR will acquire all the outstanding shares of LJVH Holdings, Inc. (’Van Houtte’), from an affiliate of Littlejohn & Co, LLC, a private equity firm headquartered in Greenwich, CT, for a cash purchase price of CAD$915 million or USD$890 million based on the exchange rate as of September 13, 2010, subject to adjustment.

Dartmouth-Hitchcock boards affirm plan for closing $50 million gap

Mon, 09/13/2010 - 10:55am -- tim

The Dartmouth-Hitchcock Boards of Trustees have approved a Fiscal Year 2011 budget, intended to close a projected $50 million budget gap, which includes reducing 4 percent of the workforce and cutting its health insurance share, while maintaining the organization’s goals of high-quality, high-value, patient-centered healthcare.
 

Hunger Mountain Coop will not expand in Waterbury

Mon, 09/13/2010 - 7:41am -- tim

Hunger Mountain Coop in Montpelier has decided that it is not in The Coop’s best interest to accept the offer from Pomerleau Realty to lease the RJ’s Friendly Market space in downtown Waterbury.
‘Based on our market study and financial analysis, it was determined that it is not financially viable for The Coop to operate in that particular storefront’, explains Coop General Manager Kari Bradley. ‘Overhead costs were a particular challenge, as was its large retail area.’

Northern Power of Barre gets $620,000 energy grant

Mon, 09/13/2010 - 7:32am -- tim

The US Department of Energy awarded $620,000 to Northern Power Systems of Barre, Vt., to help boost the speed and scale of midsize wind turbine technology, Vermont’s congressional delegation announced today.
Sens. Patrick Leahy (D-Vt.) and Bernie Sanders (I-Vt.) and Rep. Peter Welch (D-Vt.) said the grant will accelerate the development of wind turbines manufactured in the United States.

Boston breaks Rutland blood drive record; organizers vow to reclaim it

Mon, 09/13/2010 - 4:22am -- tim

Organizers of Rutland’s annual Gift-of-Life Marathon congratulated the city of Boston today for beating its New England-record for a one-day blood drive ‘ and vowed to regain the record at the eighth annual event in December.
Boston, which held the record of 772 until Rutland collected 856 in 2008 and 1,024 in 2009, collected 1,177 pints Saturday at Fenway Park. Boston’s annual 9/11 blood drive is held to honor victims of the terrorist attacks in New York, Washington and Pennsylvania.

Peter Shumlin wins Democratic primary

Fri, 09/10/2010 - 11:57am -- tim

Results from the recount of the Democratic gubernatorial primary, which was completed today ahead of schedule, show that state Senator Peter Shumlin won by 203 votes. The official count just after the August 24 primary indicated he beat state Senator Doug Racine by 197 votes. Racine requested the recount because of the closeness of the initial tabulation.

Addison County Chamber announces annual awards

Fri, 09/10/2010 - 9:38am -- tim

The Addison County Chamber of Commerce recognized local businesses, organizations, and individuals with its annual awards during the Chamber’s annual meeting held on September 8th at Basin Harbor Club. Four awards were presented in front of a crowd of 135 attendees which included Governor Douglas, Chamber members and other local dignitaries. In addition to the award presentations, the Chamber membership voted on a new board of directors.

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