News

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.

Submitted on by tim

Founded in 1959 as Baden s House of Trophies the company s primary focus was on bowling trophies. The company expanded into commercial engraving as Vermont Industrial Engravers and finally settled on Vermont Trophy & Engraving in 1973, since becoming the largest recognition manufacturer in the region. The company s motto is Recognition is Respect Made Visible

Submitted on by tim

Governor Jim Douglas will announce tomorrow the award of a $746,000 Community Development Block Grant to the City of Winooski. The ceremony will take place Friday, March 6, 2009 at 2:30 pm at Winooski City Hall, 27 West Allen Street, Winooski.

Submitted on by tim

Almost $5.7 million was released to Vermont today for transit programs funded by the economic recovery bill, Senators Patrick Leahy and Bernie Sanders and Representative Peter Welch announced.
The stimulus money for Vermont from the Federal Transit Administration was included in the bill that was designed to create some 8,000 jobs in Vermont to help jolt the economy out of recession.