News
Attributing a 64 percent net sales growth by the success of the Keurig Single-Cup Brewing System, Green Mountain Coffee Roasters, Inc of Waterbury has reported strong sales and earnings growth. Net sales for the third quarter of fiscal 2010 increased to $311.5 million as compared to $190.5 million reported in the third quarter of fiscal 2009.
A new report released this month by the Northeast Organic Farming Association of Vermont (NOFA-VT) reveals that Vermont’s farmers’ markets continue to thrive, providing substantial support to the state’s vibrant agricultural economy. There are currently more than 80 farmers’ markets in Vermont, 30 of which accept EBT (food assistance benefits) and debit cards.
Delhaize America has announced a new promotion where its customers have the chance to win up to $250,000 by shopping Delhaize America stores, including Hannaford supermarkets in Vermont.
Led by a $5 million challenge gift, from an anonymous boarding student parent, St. Johnsbury Academy has announced the largest campaign in the school’s history. Academy Headmaster Tom Lovett and Board of Trustees President and Campaign Chair Lee Hackett ‘57 officially announced the Embrace the Dream campaign during the school’s annual alumni banquet on June 5.
KeyCorp (NYSE: KEY) today announced second quarter net income from continuing operations attributable to Key common shareholders of $56 million, or $.06 per common share.
The economic stimulus program that Congress passed last year to help pull the economy out of the deepest recession since the 1930s so far has provided tax relief for almost all Vermonters and created or saved some 7,000 jobs in the state, according to a report compiled for Vermont Senator Bernie Sanders.
Vermont ranks third nationally in overall child health and well-being in the 2010 KIDS COUNT Data Book, a state-by-state study on the well-being of America’s children. Vermont ranks in the top ten on eight of the ten individual indicators affecting child well-being that are reported in the Data Book. Vermont improved on five of the ten measures since 2000.
The Vermont Chamber of Commerce has hired Patricia Moulton Powden. Powden, who recently joined the organization as Vice President of Public Affairs, will be responsible for initiatives in both the legislative and regulatory arenas.
At the annual meeting held in July, John Ewing, founder of Smart Growth Vermont, stepped down as Chair of the board. He will remain as an active board member, with the title of Founder. Robin Scheu, Executive Director of the Addison County Economic Development Corporation in Middlebury, is the new board Chair.
The Vermont Agency of Transportation on July 28 and 29 will be using a technique to repair a culvert on Dorset Street in South Burlington that will cause a strong odor. The odor, which will smell like a very pungent epoxy or paint, does not pose a health risk.
Merchants Bancshares, Inc (NASDAQ: MBVT), the parent company of Merchants Bank, has announced net income of $4.59 million and $8.42 million, or diluted earnings per share of $0.74 and $1.37 for the quarter and six months ended June 30, 2010, respectively.
Vermont Public Radio has announced the winner of its first Summer Car Raffle. Bob Moulton of Waterbury won a 2010 Ford Fusion Hybrid provided by Heritage Automotive Group in South Burlington. The raffle raised $146,000 for VPR.