News

Chroma Technology Corp, an employee-owned company, announced today the launch of a new, wholly-owned subsidiary. 89 North, located in Burlington, VT, will leverage resources from the area including the University of Vermont and the Vermont Center for Emerging Technologies to develop innovative products for the life science imaging market.

General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), has been awarded a $10 million contract extension by U.S. Army TACOM-ARDEC for the production of MK19 grenade machine guns. Deliveries are expected to begin in April 2010and will be completed in July 2012. This award brings the total contract value to date to over $67 million.

Sen. Bernie Sanders called today for a new Financial Product Safety Commission to protect consumers from abusive lenders and also announced a $130,000 federal grant to improve financial literacy for young people in Vermont.

Motor vehicle drivers in the 13 states that have adopted California's Clean Car Standards approved by the U.S. Environmental Protection Agency (EPA) would save hundreds of dollars annually at the gas pump while reducing heat-trapping greenhouse gases, according to a report issued today by Environmental Defense Fund (EDF).

Governor Jim Douglas was recently named one of the nation s top ten Greenest Governors by Greenopia, an online directory of eco-friendly retailers, services, and organizations. The Governor was recognized on the site for undertaking several programs to make Vermont greener.

Sen. Patrick Leahy, Sen. Bernie Sanders and Rep. Peter Welch Tuesday announced that three Vermont nonprofit organizations together will receive $6 million – a hefty share of the national funding total – to spur community development and ease consumer credit as further steps on the path to economic recovery.

New England Medical Systems of Essex Junction with the support of Davis & Hodgdon Associates CPAs of Williston, VT has recently been awarded a Federal Supply Schedule Contract through the Department of Veterans Affairs National Acquisition Center to sell medical equipment to Federal, state and local government agencies.

The Community College of Vermont has been chosen to join Achieving the Dream: Community Colleges Count, a national initiative to help community college students. As a new member of Achieving the Dream, CCV has made a two-year commitment to closing performance gaps among students in targeted populations.

Governor Jim Douglas announced today that an additional 15 energy efficiency projects have received $170,000 in funding from the the Vermont Community Change Program. The final winners were selected from a pool of 86 applicants.

In a press release today, Governor Jim Douglas has responded to the EPA's recent decision to grant California a wavier for its standards restricting carbon emissions from motor vehicles. The Governor describes the wavier as a significant step in the right direction for Vermont and others states with similar emission standards.

TD Banknorth, acting through the TD Charitable Foundation, has donated $2,000 to Everybody wins! Vermont, an organization designed to pair elementary school-aged children with reading mentors. The funds will help Everybody Wins! Vermont recruit, train, and match volunteer mentors with individual children for one-on-one weekly reading assistance.

Bove s famous frozen lasagna has been awarded the National Association of Specialty Food Trades prestigious Gold sofi ¢ Award in the Outstanding Pasta, Rice and Grain Category. The all-natural, hand crafted lasagna is a frozen version of the classic that has had customers literally lining up around the block to get a taste at Boves famous Café in Burlington, Vermont.