News

Green Mountain Power, owner of the only operating wind generation farm in Vermont, filed today with state regulators for permission to build a second wind generating plant, up to 63 megawatts, in Lowell, Vermont. The $150 million investment in the Northeast Kingdom will provide jobs and significant economic benefits, in addition to increasing the state's renewable energy generation.

The Vermont Department of Motor Vehicles announced today that DMV Express, Vermont’s online vehicle registration renewal service, recently exceeded 500,000 vehicle registration renewals processed over the Web.

Union Bankshares, Inc (Nasdaq:UNB) today announced the results of voting at the company's annual meeting of stockholders held on May 19, 2010 at the banking offices of the Company's subsidiary, Union Bank, in Morrisville, Vermont. Approximately 83 percent of the company's outstanding shares of common stock were represented at the meeting. Incumbent directors Cynthia D. Borck, Steven J.

By James Dwinell. Vermont Business Magazine. May 20, 2010 -When the widows and orphans of Vermont opened the annual report from their home town bank, they may have read something similar to the letter to shareholders of the Randolph National Bank, a $160,000,000 bank founded in 1875 and headquartered in that town.

By Art Edelstein. Vermont Business Magazine. May, 20, 2010 _ A multi-part health care bill (Senate 88) passed both houses of the Vermont Legislature on May 11, the last day of the 2010 session. The legislation would support aspects of the state's ongoing attempt to keep health care costs in check.

Several Vermont firms were recently recognized for their strong commitment to effective workplace safety at the Annual Vermont Workplace Safety Conference. The Governor’s Award for Workplace Safety, presented by Governor Jim Douglas, went to IBM in the Large Business Category and to Long Trail Brewery in the Small Business Category.

New England forests stand at a turning point. A new study released today by the Harvard Forest reports that, following almost 200 years of natural reforestation, forest cover is declining in Vermont and all the other New England states.

ECHO Lake Aquarium and Science Center, at the Leahy Center for Lake Champlain, greeted its millionth visitor at 2:05 p.m., on May 18, 2009.

B&G Foods, Inc. (BGS 10.70, +0.01, +0.09%) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.17 per share of Class A common stock. The dividend will be payable on July 30, 2010 to shareholders of record as of June 30, 2010.

Governor Jim Douglas today announced changes at the Department of Banking, Securities and Health Care Administration (BISHCA). Commissioner Paulette Thabault will be leaving state government to take a position with CVS Caremark MinuteClinic and Deputy Commissioner Mike Bertrand will be appointed Commissioner of the Department.

Governor Jim Douglas today announced the “Enhancing Quality of Life” grant recipients. More than $160,000 will go toward measures that will improve the quality of life for residents in Vermont nursing facilities.

Weekly unemployment insurance claims fell for the fourth consecutive week, showing nearly 5,000 fewer regular benefit claims compared to last year at this time. For the week of May 15, 2010, there were 850 new regular benefit claims for Unemployment Insurance, a decrease of 33 from the week before. This is the third consecutive week that there was a steep drop in new claims.