-A A +A


Governor highlights Route 15 wildlife underpass in Wolcott

Thu, 12/13/2018 - 6:15am -- tim

Vermont Business Magazine As part of Governor Phil Scott’s “Capitol for a Day” initiative last week, he toured a wildlife underpass project along Route 15 in Wolcott on lands owned by the Vermont Fish & Wildlife Department. The project promotes safe movement of wildlife under the road and is being completed through a partnership with VTrans, Vermont Fish & Wildlife, The Nature Conservancy and the town of Wolcott.

2019 Vermont Fish & Wildlife calendar is available

Thu, 12/13/2018 - 2:03am -- tim

Vermont Fish & Wildlife Department announces the release of the colorful 2019 Fish & Wildlife Calendar. The calendar is filled with stunning photos of Vermont wildlife, including moose, bald eagle, longnose gar, white-tailed deer, and yellow warbler. It includes photos by many well-known Vermont photographers including Roger Irwin, Jim Block, and Kurt Budliger.

Welch supports, House passes Farm Bill

Wed, 12/12/2018 - 4:59pm -- tim

Vermont Business Magazine This afternoon, Representative Peter Welch (D-Vermont) spoke on the House floor in support of a five-year compromise farm bill hammered out by House and Senate negotiators over the last several weeks. Welch touted the overall benefits of the bill for Vermont, including provisions that benefit the dairy, maple, organic and hemp industries. He also applauded the jettisoning of draconian cuts to nutrition programs for children and low income Vermonters.

Vail commits up to $180 million in capital investments

Wed, 12/12/2018 - 3:08pm -- tim

Vermont Business Magazine Vail Resorts, Inc (NYSE: MTN) today announced that the company plans to invest approximately $175 million to $180 million in the guest experience in time for the 2019-20 winter ski and snowboard season across its network of 18 resorts, including at Okemo in Vermont. This latest investment is in addition to approximately $150 million invested for this season, bringing the company's industry-leading resort investment total to more than $1.2 billion over the last decade.

McLaughlin: The child care shortage is a symptom of the larger problem

Wed, 12/12/2018 - 1:48pm -- tim

by Janet McLaughlin Recent coverage of the Child Care and Prekindergarten Capacity Baseline Report by the Vermont Legislative Joint Fiscal Office has largely misread the findings of that study. We do have a child care crisis in Vermont—the shortage of early educators and lack of spaces affect nearly every aspect of life in our state. It is a situation that will only get worse if we fail to address it.

Champlain College Online enrollment jumps after adult tuition cut 50 percent

Wed, 12/12/2018 - 10:22am -- tim

Vermont Business Magazine Champlain College Online, a leader in career-focused adult higher education, on Tuesday reported that Fall 2018 enrollment in its bachelor’s degree programs grew 19 percent over the previous year, following the not-for-profit college’s decision this past spring to reduce its online undergraduate tuition by 50 percent. “The response to our undergraduate tuition reduction has been overwhelmingly positive, and it is reflected in our enrollment numbers,” said Donald J. Laackman, president of Champlain College. “Our bold decision to reduce tuition was driven by our desire to help eliminate one of the top barriers many working adults face in returning to school—cost. It is encouraging to know that we are successfully creating pathways for more adults to accomplish their career and life goals through online education.”

Berkshire Hills to acquire SI Financial Group

Wed, 12/12/2018 - 4:37am -- tim

Vermont Business Magazine Berkshire Hills Bancorp, Inc (NYSE: BHLB) ("Berkshire") and SI Financial Group, Inc (NASDAQ: SIFI) announced Tuesday that they have signed a definitive merger agreement under which Berkshire will acquire SIFI and its subsidiary, Savings Institute Bank and Trust Company, in an all-stock transaction valued at $180 million based on Berkshire's stock price as of the close of business on December 10, 2018. Berkshire Hills is the parent of Berkshire Bank with branches in southeastern Vermont.

TD Bank among top SBA lenders in US and Vermont

Wed, 12/12/2018 - 3:38am -- tim

Vermont Business Magazine TD Bank increased its US Small Business Administration (SBA) lending portfolio in 2018 to take the position as top lender in eight states and in Washington, DC, up from seven states in 2017. In addition, TD Bank ranked second nationwide for number of 7(a) loan units approved during the SBA's fiscal year. TD Bank ranks second in Vermont in SBA financing.

NEFCU donates $1 million to UVM Children's Hospital NICU renovation

Tue, 12/11/2018 - 5:28pm -- tim

Vermont Business Magazine Today at the University of Vermont Medical Center, former patients of the UVM Children’s Hospital Neonatal Intensive Care Unit (NICU), their families, clinicians and hospital leaders, gathered to celebrate a $1 million donation from New England Federal Credit Union (NEFCU). The donation kicks off a project to renovate the UVM Children’s Hospital’s NICU.

Leahy hails passage of five-year Farm Bill, Vermont 'wins'

Tue, 12/11/2018 - 5:13pm -- tim

Vermont Business Magazine The US Senate late Tuesday passed a new five-year Farm Bill that includes significant wins for Vermont families, dairy, organic and hemp farms, and the state’s rural communities, according to Senator Patrick Leahy (D-Vermont). As a member of the conference committee that negotiated the bill, Leahy played a central role in shaping the final provisions that are vital to Vermont’s economy, farmers, working landscape, the food and nutrition of Vermont’s families, and the economic vitality of rural communities throughout the state.  Leahy also is a former chairman of the Agriculture Committee and is the panel’s most senior member.

Governor appoints Ed Adrian, Lisa Carlson and Heidi Tringe to the Vermont Commission on Women

Tue, 12/11/2018 - 4:36pm -- tim

Vermont Business Magazine Governor Phil Scott has appointed Ed Adrian of Burlington, Lisa Carlson of Danville, and Heidi Tringe of Montpelier to serve on the Vermont Commission on Women (VCW), the state’s non-partisan commission working to advance rights and opportunities for women and girls.

GMP files resource plan with focus on innovation, clean energy, and driving down costs

Tue, 12/11/2018 - 4:27pm -- tim

Vermont Business Magazine Green Mountain Power filed its 2018 Integrated Resource Plan (IRP) Monday with the Public Utilities Commission, outlining its efforts to continue to deliver clean, cost-effective and reliable power to customers, while cutting carbon through innovation. The IRP is a road map for GMP’s approach to serve Vermonters over the next ten years. Utilities are required to file a new IRP every three years.