News

Submitted on by tim

Vermont Business Magazine The Vermont Mayors Coalition today announced "strong support" for Governor Phil Scott’s $35 million Housing Revenue Bond, which is currently under consideration by the Legislature.

Submitted on by tim

Vermont Business Magazine In what will likely be its final quarterly report, Merchants Bancshares, Inc (NASDAQ:MBVT), the parent company of Merchants Bank, today announced net incomeof $3.6 million and $0.52 per diluted share for the first quarter of 2017 compared to net income of $3.1 million or $0.45 per diluted share in the fourth quarter of 2016 and $3.5 million in net inco

Submitted on by tim

Vermont Business Magazine Governor Phil Scott's office and the teacher's union are exchanging heated words over how to hold down school spending by reducing health insurance costs. The governor wants the teachers to collectively negotiate with the state over health insurance plans, while the teachers union insists on maintaining that health plans be dealt with locally.

Submitted on by tim

Vermont Business MagazineStarting on Monday, April 24, the College Street Garage will be closed as it undergoes necessary structural repairs. Work will begin under the management of Structure Preservation Systems, LLC. Over the next four months $2.1 million in repairs and improvements will be completed at the College Street Garage.

Submitted on by tim

Vermont Business Magazine Darn Tough Vermont, the fastest growing American manufacturer of premium performance outdoor and lifestyle socks, announced today that its multi-quarter growth run continues with first quarter revenue up 28 percent year-over-year.

Submitted on by tim

Vermont Business Magazine An initiative of the Rutland Redevelopment Authority (RRA) and the City of Rutland to improve aesthetics and safety along one of the key gateways into downtown is ready to commence. The Gateway Improvement Project construction contract has been awarded to Parker Excavation, of New Haven, VT.

Submitted on by tim

Vermont Business Magazine Throughout the legislative session, Governor Phil Scott has repeatedly pointed to opportunities to save money in the Education Fund through the Vermont Education Health Initiative (VEHI). New VEHI health plans for school employees will cost substantially less than the old plans.

Submitted on by Denise Sortor

Vermont Business Magazine Composting sometimes gets a bad rap. Some fear that it's smelly. And many composters are, shall we say, less than easy on the eye.

Submitted on by tim

Vermont Business Magazine TransCanada Corporation (TSX: TRP) (NYSE: TRP) announced in a press release today that it has completed the sale of its hydroelectric generation assets to Great River Hydro, LLC, an affiliate of ArcLight Capital Partners, LLC for US $1.065 billion.

Submitted on by tim

Vermont Business Magazine Vermont’s K-12 schools are at the forefront of implementing the Universal Recycling law and using food education and local resources to cut down on food waste. They are successfully reducing waste, managing recyclable materials and creating food scrap diversion programs in exemplary form.

Submitted on by tim

Vermont Business Magazine The Agency of Education today awarded Flexible Pathways Expansion Grants to 13 supervisory unions and school districts through Vermont. These awards will be used to support 14 projects to expand SUs/SDs’ capacity to provide meaningful, personalized learning opportunities and better clarify flexible pathways for students in Vermont.

Submitted on by tim

Vermont Business Magazine Berkshire Bank Foundation is excited to announce that it has awarded $314,901 in grants and pledges to 88 nonprofit organizations through their 3 main grant programs, which focus on community and economic development, education and basic needs. The funding was awarded during the first quarter grants cycle.