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Charlotte ferry resumes service, no longer free

Tue, 03/23/2010 - 7:29am -- tim

The Lake Champlain Transportation Company (LCT) today resumed ferry service at the Essex-Charlotte crossing.  The ferry will operate Monday through Friday until April 5, at which point service will be expanded to seven days per week.  The ferry begins service from Vermont at 7 a.m. and from New York at 7:30 am each day.  As has been the standard practice, the LCT charges for use of their privately-owned ferry.

SBA announces Vermont's 2010 Small Business Winners

Mon, 03/22/2010 - 10:02am -- tim

Katy Lesser, Owner of Healthy Living Market, South Burlington, has been named the US Small Business Administration s (SBA) 2010 Vermont Small Business Person of the Year. Nominated by David Blow, Jr, Vice President, Granite State Development Corp., Burlington, Lesser was selected for outstanding leadership related to her company s staying power, employee growth, increase in sales, innovative ingenuity and contributions to the community.

House passes historic health care reform legislation

Sun, 03/21/2010 - 7:14pm -- tim

The US House on Sunday passed historic health care reform legislation with the support of Rep. Peter Welch. A pair of bills approved by the House will extend access to health care to 32 million Americans, end abusive insurance company practices and cut the deficit by $138 billion over the next 10 years and by $1.2 trillion the following decade.

Ben & Jerry’s names Jostein Solheim as new CEO

Sat, 03/20/2010 - 6:03pm -- tim

Vermont s iconic ice cream makers, known for progressive social action as much as for the big chunks and swirls in their ice cream, have announced their newest leader from the home office. Jostein Solheim was appointed CEO of Ben & Jerry's Homemade Ice Cream and VP Global Brand Development, effective immediately. The new CEO, supported both by Unilever and the Ben & Jerry s Board of Directors, was introduced at the company s South Burlington headquarters during a town-hall style site meeting.

KeyBanks' Vermont District named 2009 District of the Year

Fri, 03/19/2010 - 12:32pm -- tim

KeyBanks’ Vermont District has been named the 2009 District of the Year among KeyBank N.A.’s 22 districts nationwide. The award recognizes the highest ranking district based on overall financial performance, service to clients and commitment to community.
“Our employees are incredibly dedicated to our clients and the communities we serve,” said Scott Carpenter, president, Vermont District, KeyBank N.A. “Our bankers work as a team to provide strong financial solutions and advice, and Vermonters and Vermont companies have rewarded us with their business.”

Gubernatorial appointments made in January and February

Fri, 03/19/2010 - 8:10am -- tim

Vermont Governor Jim Douglas today released the list of appointments made in January and February, 2010.
Board of Public Accountancy
Joshua Wayne Partlow, Saint Albans
Board of Allied Mental Health Practitioners
Tammy Austin, Middlebury
Committee on Alzheimer's Disease & Related Disorders
Karen Peplowski, Moretown
Apprenticeship Council
Wayne Vanasse, Corinth
Vermont Board of Architects
Edward Wolfstein, Burlington
Board of Barbers & Cosmetologists
Marsha Descheneau, Charleston
Donna Hendee, Rutland

Groundbreaking today for new Brattleboro yogurt factory

Thu, 03/18/2010 - 9:02am -- tim

Vermont Governor Jim Douglas as well as federal, state and local officials will join Commonwealth Dairy officials at a groundbreaking ceremony at the site of the company s Brattleboro, Vermont plant today. The company is planning a $32 million, state-of-the-art, LEED compliant, Class II dairy processing facility that includes alternative energy sources and will be designed to accept milk from the open market as well as segregated milk streams, such as organic and local. The 39,000-square foot production facility will be built on 5.9 acres of land in the Delta Campus.

Nokian Tyres revenues, profits down in 2009

Thu, 03/18/2010 - 8:58am -- tim

Net sales of Nokian Tyres Group amounted to EUR 798.5 million (2008: EUR 1,080.9 million), down by 26.1% compared to 2008. Operating result was EUR 102.0 million (EUR 247.0 million). Earnings per share were EUR 0.47 (EUR 1.12), and result for the period was EUR 58.3 million (EUR 139.9 million).  The North American operation, headquartered in Colchester, Vermont, was one of the brightest spots for the Finnish company. Net sales in North America were EUR 84.5 (EUR 80.7). Sales in North America have been helped by a recent law in Quebec requiring snow tires in winter.

Dartmouth economist to speak tonight on the future of financial regulation

Thu, 03/18/2010 - 6:29am -- tim

Collapses in the banking sector were a major cause of the current recession. Now Congress is entertaining sweeping proposals for additional banking regulation that may have large effects on Vermont s economy. Prof. Meir Kohn of Dartmouth College will speak on Regulating the Banks: Lessons from the Recent Crisis at the Sheraton Burlington s Emerald Ballroom today, Thursday, March 18, at 5 pm.