News

Submitted on by tim

Governor Douglas will present the town of Middlebury with a $200,000 Community Development Block Grant which will help bring more healthcare to low-income residents. The event will be held Wednesday, March 11, at 8:15 am at the future site of the Addison County Dental Center at 32 Merchants Row in Middlebury.

Submitted on by tim

National Life Group today announced its financial results for 2008, highlighted by overall sales growth of 53 percent.
Mehran Assadi, president and chief executive officer, said that in 2008 annuity sales increased 41 percent, life sales were up 16 percent, and sales of mutual funds through Sentinel Investments jumped 115 percent.

Submitted on by tim

Gifford Medical Center celebrated a ninth consecutive year of financial success and announced the winners of health grants and scholarships at the 103rd Annual Meeting of the Randolph hospital s corporators Friday evening at Chandler.

Submitted on by tim

The Brattleboro Development Credit Corporation (BDCC) announces the finalists for the 2009 Business Plan Competition. From the 36 submissions received last week, the selection committee chose seven in the Existing Business category and six in the New Business category.

Submitted on by tim

Lane Press in South Burlington and Omya in Proctor are the latest Vermont firms to lay off workers. Each stated that the recession has slowed business resulting in a need to reduce payroll.

Submitted on by tim

Gregory D Woodworth has been named senior vice president and general counsel of National Life Group.
In his three years with National Life, Greg has shown he is a superb lawyer of the highest integrity, said Mehran Assadi, NLGroup s president and chief executive officer.

Submitted on by tim

Two of the nation s leading solar power installers announced today that they have entered into an agreement for groSolar of White River Junction, Vt., to acquire the residential solar division of Borrego Solar Systems of El Cajon, Calif. Financial terms of the agreement were not disclosed. Borrego Solar residential division operates in California as well as Massachusetts.

Submitted on by tim

Thank you, President Finney and Champlain College, for hosting us at this timely conference today. We welcome this opportunity to offer Vermonters, Vermont businesses, and Vermont communities a chance to learn more about how they can take advantage of the recently passed federal economic recovery act.

Submitted on by tim

Secretary of Administration Neale F. Lunderville today (March 6, 2009) released General Fund revenue results for the month of February, the eighth month of Fiscal Year 2009. General Fund revenues exceeded target for the month as compared to the consensus revenue target revised in mid-January.

Submitted on by tim

At the request of President Barack Obama, Governor Jim Douglas will host one of five regional forums on health reform at the University of Vermont s Davis Center on Tuesday, March 17. Governor Douglas will be joined by Governor Deval Partrick (D-MA), officials from the Obama Administration and other guests to discuss health care reform.

Submitted on by tim

FairPoint Communications, Inc. (NYSE: FRP) ("FairPoint" or the "Company"), a leading provider of communications services to communities across the country, has announced its financial results for the three and twelve months ended December 31, 2008.

Submitted on by tim

Speaker Shap Smith and Senate President Peter Shumlin today announced their legislative priorities for the remainder of the 2009 session.