News

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Vermont Business Magazine In January 1987, VBM ran its first Vermont 100, predicated on 1986 revenues. Since then there have been only four companies that have been Number One: C&S Wholesale Grocers, National Life Group, Fletcher Allen Health Care (now The University of Vermont Medical Center) and Green Mountain Coffee Roasters Inc (now Keurig Green Mountain).

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Vermont Business Magazine Vermont licensed 33 new captive insurance companies in 2015, according to data released by the Vermont Department of Financial Regulation. The new captives were made up of 12 pure captives, 7 Risk Retention Groups (RRGs), 7 sponsored captives, 4 special purpose financial insurers, 2 industrial insured captives, and 1 association captive.

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Vermont Business Magazine Financial wellness ـ like physical fitness – doesn’t happen overnight. To be financially well is to be confident that everyday financial choices create financial flexibility to manage unexpected financial challenges and to make the most of financial opportunity.

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Vermont Business Magazine ANEW Place homeless shelter in Burlington’s Old North End has recently received a $5,000 gift from TD Charitable Foundation, the charitable giving arm of TD Bank. This gift will help to foster the 4-Phase Program at ANEW Place which was implemented in 2014 when they rebranded from Burlington Emergency Shelter.

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Northeastern Vermont Development Association The Northeastern Vermont Development Association has released its updated economic development report for the three-county region (Caledonia, Essex and Orleans). Authored by David Snedeker, Executive Director, it includes EB-5 immigrant investor programs and other development projects and news.

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by Mike Smith Some Vermonters have a problem with doublethinking. In George Orwell’s classic novel “1984,” he defines the word “doublethink” as “the power of holding two contradictory beliefs in one’s mind simultaneously, and accepting both of them.” Here’s a relevant example: those that say they believe in the First Amendment of our Constitution — and will often seek

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Vermont Business Magazine After a strong wind storm blew through Vermont Sunday morning, Green Mountain Power crews have restored power to 6,540 customers.

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Vermont Business Magazine A historic spike in weekly employment claims was cut in half last week, but remained at a relatively high level. Claims were also higher than for the same time last year for the first week of the new year. Generally claims in 2015 were lower than in 2014.

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Vermont Business Magazine The Agency of Natural Resources has released the newly approved Tactical Basin Plan for the Batten Kill, Walloomsac, and Hoosic Rivers and their tributaries, referred to as Basin 01.

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Vermont Business Magazine Green Mountain Power is preparing for a strong wind and rainstorm that is forecasted for Vermont beginning Sunday morning that could cause outages across the state. Forecasters predict wind gusts possibly strong as 50 – 70 mph. Wind that strong can easily knock down trees and branches onto power lines and snap power poles at the base.

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by Timothy McQuiston Vermont Business Magazine The Vermont Public Service Board gave a significant victory today to Vermont Gas Systems in its effort to build a pipeline to Middlebury, and in turn issued a significant blow to the many individuals and organizations seeking to stop it.

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Vermont Business Magazine Vermont tax revenues essentially broke even in December as the vital Personal Income Tax rebounded. It had languished through much of the first half of the fiscal year, but has now made up nearly all of its lost ground.