News
Vermont Aerospace Manufacturing, Inc, has announced that it has been sold to its employees through an Employee Stock Ownership Plan (ESOP). Company owners Don and Sheryl Cota decided to create the ESOP as a way to reward employees for their years of service and to insure that the business would stay in the area.
Community Bancorp. (OTCBB:CMTV) and Community National Bank in Derby, Vermont, has announced the planned retirement of Chairman Richard C White from their Boards of Directors, effective January 1, 2011. Formerly its CEO, White was instrumental in the growth of the bank over the last 20 years and in setting up the holding company.
Vermont Student Assistance Corporation offers two online presentations for prospective college students and their families to view in their comfort of their own homes.
According to an economic study conducted by Art Woolf, PhD, an economist with Northern Economic Consulting, Inc, Vermont’s sales tax has inflicted ‘significant harm’ on towns along the Connecticut River corridor.
Secretary of Administration Neale F Lunderville announced today that Vermont’s October revenue figures were above the General Fund target, but were below for both the Transportation and Education funds. While the vital personal income tax was virtually flat during the month and for the year-to-date, corporate income taxes well exceeded targets.
FairPoint customers around Vermont are getting a new voice mail system, one that offers improved features on a new next-generation voice mail platform.
Vermont State Treasurer Jeb Spaulding as Secretary of Administration was the most surprising name among the small group of senior appointments announced by Governor-elect Peter Shumlin this afternoon at his transition office in Montpelier.
Agriculture Secretary Tom Vilsack today announced that USDA Rural Development is providing loans and grants for 41 energy efficiency and renewable energy projects in Vermont under the Rural Energy for America Program (REAP). The funding includes support for solar projects for businesses and anaerobic digesters for farms that will generate renewable energy.
US Department of Housing & Urban Development Secretary Shaun Donovan will deliver the keynote address at this week’s 2010 Vermont Statewide Housing Conference. He’s scheduled to speak between 9 and 10:15 a.m. Doors open at 8 a.m.
Sec. Donovan will be the highest ranking housing official ever to speak at the biennial event.
Governor Jim Douglas today announced the appointments of Robert P. Gerety, Jr. of White River Junction, Robert A. Mello of South Burlington and Timothy B. Tomasi of Montpelier to serve on the Superior Court.
Governor Jim Douglas on Veterans Day dedicated the Vermont Global War on Terror Memorial during a Veterans Day ceremony. The memorial recognizes all Vermonters who have served in the current conflicts and lists the 40 military members with Vermont ties who have died in service to their state and nation.
Hannaford Supermarkets announced today that it plans to build a new Hannaford Supermarket & Pharmacy in Hinesburg. Hannaford will seek Leadership in Energy and Environmental Design (LEED) certification for this facility.