News

Submitted on by tim

For the week of October 9, 2010, there were 752 new regular benefit claims for Unemployment Insurance, a decrease of 88 from the week before. Altogether 7,405 new and continuing claims were filed, a decrease of 55 from a week ago and 2,166 fewer than a year earlier.

Submitted on by tim

Union Bankshares, Inc. (NASDAQ ‘ UNB) today announced results for the third quarter of 2010. Net Income was $1.46 million or $0.32 per share compared to $1.44 million or $0.32 per share for 2009.

Submitted on by tim

The Vermont State Dental Society (VSDS) received a $10,000 grant from the Northeast Delta Dental Foundation to continue its Diabetes and Oral Health Program (DOHP) that was piloted in 2008.

Submitted on by tim

St Albans has been awarded a $125,000 federal grant for its ongoing streetscapes project, US Senators Patrick Leahy (D-VT), Bernie Sanders (I-VT), and US Representative Peter Welch (D-VT) announced Tuesday.
The grant, awarded by the Department of Transportation, will fund continued downtown improvements.

Submitted on by tim

South Burlington resident, Michele S Gatto, has been elected to the Board of Trustees at Vermont Law School in South Royalton, VT. Gatto is Executive Vice President – Corporate Services and Chief Legal Officer of National Life Group in Montpelier, VT.

Submitted on by tim

Vermont Agency of Transportation (VTrans) Secretary David Dill and New York State Department of Transportation (NYSDOT) Acting Commissioner Stanley Gee this week marked the one year anniversary of the Lake Champlain Bridge closure on October 16 of last year, noting the significant progress made to provide travelers, especially those located in the vicinity of the bridge and dependent on transpo

Submitted on by tim

Fletcher Allen reported an operating income of $17.3 million for the first three quarters of the 2010 fiscal year. This includes an operating income of approximately $10.3 million for the third quarter. The third quarter covers the period beginning April 1 and ending June 30.
Third Quarter Results

Submitted on by tim

During a tour of MSA’s (Mine Safety Appliances Company) Newport factory on Tuesday, US Senator Patrick Leahy announced three new orders, under competitively bid contracts totaling $21 million, for the Army’s Advanced Combat Helmets (ACH).

Submitted on by tim

Vermont seniors will have a new option for Medicare supplemental insurance coverage beginning January, 2011. Blue Cross and Blue Shield of Vermont today announced a new, competitively-priced plan designed to provide coverage for Medicare deductibles, coinsurance and other out-of-pocket costs to newly-retired Medicare recipients.

Submitted on by tim

The Vermont Agency of Transportation (VTrans) today closed a section of Route 36 in Fairfield just east of Swamp Road due to a failed culvert. The road is expected to be closed into November until the Agency can erect a temporary bridge.

Submitted on by tim

The Vermont Chronic Care Initiative (VCCI) was honored by the Care Continuum Alliance (CCA) as the winner of the “Outstanding Government Program” award at the organizations annual meeting in Washington D.C.

Submitted on by tim

Rock of Ages Corporation (NASDAQ:ROAC), based in Barre, announced Monday that it has entered into a definitive merger agreement with Swenson Granite Company LLC, based in Concord, NH. Shareholders of Rock of Ages will receive $5.25 per share in cash, valued at about $39 million, and Swenson Granite will acquire 100 percent ownership of Rock of Ages.