News

While the exact number of lay offs at IBM s Essex plant was not known at press time, the total number was expected to be under 500. If it were more than 499, IBM would have been required by federal law to notify state officials before the action, which it did not. According to Vermont Department of Labor Commissioner Pat Moulton Powden, she was not informed ahead of time of the layoffs.

Montpelier -- The Vermont Department of Labor announced today that the seasonally adjusted unemployment rate for December 2008 was 6.4 percent, up seven-tenths of a point from the revised November rate and up 2.5 points from a year ago.

In 1982, a group of concerned community members and organizations came together to address the needs and concerns of Burlington s homeless population. On December 24, 1982, the Committee on Temporary Shelter (COTS) opened its doors for the first time providing overnight shelter to people without homes during that winter season.

Montpelier, VT - The Vermont Economic Development Authority (VEDA) approved $2.2 million in business development financing, leveraging another $2.8 million in private financing for projects throughout the state.

Montpelier, VT. - The administration of Governor Jim Douglas has called the first meeting of a group of officials from state government, business, and non-government organizations that will provide a rapid response to Vermont companies facing difficulties.

Rep. Peter Welch hailed President Obama's decision Monday to direct the Environmental Protection Agency to reconsider a waiver requested by California, Vermont and 12 other states that would allow them to set strict, new vehicle emissions standards.

Managing Director William P. Stritzler of Smugglers' Notch Resort in Jeffersonville has been elected chair of the Vermont Business Roundtable, and five Vermont CEOs are newly-elected to three year terms on the board of directors. The new directors and officers assumed their roles during the Roundtable's annual membership meeting on Jan. 14. Stritzler takes over the position from Timothy R.

Heritage Flight, which has been in business since 1984, has just been granted IS-BAO (International Standard of Business Aviation Organization) certification. They are also AR/GUS platinum rated and Wyvern recommended. This remarkable accomplishment has been achieved by only 4 charter operators in the nation. This recognizes Heritage Flight's continued commitment and emphasis on safety.

A new booklet, "How Burlington Became an Award Winning City: An Historical Summary of Burlington's Economic Development Efforts with a Vision for the Future 1983-2008 " is a chronicle of major economic development efforts in the City, highlighting a handful of particular programs and projects as well as some of the many awards that have been received.

The US Census Bureau has opened a census office in Vermont to carry out early 2010 operations and is looking for qualified applicants to fill more than 800 jobs across the state. The local census office is located near Burlington. Positions include address listers, office clerks, recruiting assistants, crew leaders and field operations supervisors.

South Burlington, VT, January 19, 2009--The Magic Hat Brewing Company & Performing Arts Center has announced sales results for the 2008 calendar year, and the numbers show that the brewer holding strong continues to perform well despite a shaky American economy and the rising prices in production costs.

MONTREAL, QUEBEC--(Marketwire - Jan.