News
The Senate Institutions Committee on Friday approved on a 5-0 vote legislation to authorize the sale or lease of the Brighton State Airport to either the Town Brighton or Vermont Renewable Energy Co. The details of the sale or lease will be left up to the Agency of Transportation to negotiate. The property will be sold at fair market value.
On March 10, NBT Bank held a ribbon-cutting ceremony to formally open its Burlington Office. This office, located at 150 Bank Street, is the bank s first retail branch in Vermont. The bank s Vermont regional office is located in the same building.
Plasan, a global leader in the field of combat-proven survivability and armor solutions for vehicles, airborne platforms and personal protection, has received another US Military contract worth $170 million to the Bennington company. Plasan makes plating for armored vehicles. The vehicles themselves are made by Oshkosh Defense in Wisconsin.
Goodrich Delivers 2,000th Helicopter Health and Usage Management System (HUMS)
Diagnostic health management system saves time, money for military, commercial helicopters
Senator Patrick Leahy (D-Vt.) will chair a field hearing of the U.S. Senate Judiciary Committee on Monday, March 22, in Barre, Vermont. The hearing will examine the effective efforts of Barre and surrounding communities in fighting drug-related crime. Leahy has invited the Director of the Office of National Drug Control Policy, R.
The Vermont Economic Development Authority (VEDA) is inviting eligible and qualified borrowers to apply for an allocation of Vermont s $135 million in Recovery Zone Facility Bond (RZFB) tax-exempt bond issuance capacity. The next round of applications is due at VEDA s offices on April 15, 2010.
Vermont s two largest utilities today signed a memorandum of understanding with provincial utility Hydro-Québec that sets the stage for a new power supply contract for Vermont customers. The 225-megawatt deal is comparable the current Hydro-Quebec contract and the initial cost will have little if any inflation, according to a utility source.
A study by the Brookings Institution has found that Vermont received federal funds distributed based on census data at a rate of double the national average, according to data from fiscal 2008. The study found that Vermont received close to $1.79 billion in funds, or $2,873.67 per capita. Nationally, the average is $1,469 per capita.
The 2010 Census is here! To conduct this massive undertaking, the U.S. Census Bureau must hire for a variety of positions, and at a time of economic uncertainty, there are still plenty of jobs available.
Weekly unemployment claims declined dramatically last week after increasing the previous two weeks. For the week of March 6, 2010, there were 897 new regular benefit claims for Unemployment Insurance, a decrease of 498 from the week before. Altogether 15,463 new and continuing claims were filed, a decrease of 54 from a week ago and 2,814 fewer than a year earlier.
A new federal regulation from the U.S. Department of Education required states to identify persistently low-achieving schools in order to receive federal funding as part of the Statewide Fiscal Stabilization Fund allocations under the American Recovery and Reinvestment Act (ARRA).
The Vermont Department of Labor announced today that the seasonally adjusted unemployment rate for January 2010 was 6.7 percent, unchanged from the revised December rate and up 0.5 point from a year ago.