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Hannaford to take over former P&C in Bradford

Wed, 03/17/2010 - 4:10am -- tim

Tim Burke, of White + Burke Real Estate Investment Advisors Inc. in  Burlington, is pleased to announce the signing of a long-term lease with Hannaford Bros. Co. for the former P&C supermarket building in Bradford, Vermont. Hannaford will temporarily operate the current store while it submits plans to construct a new store at the same location.  Hannaford Supermarkets, established in 1883, has 171 stores in Maine, Massachusetts, New Hampshire, New York, and Vermont and employs more than 26,000 associates.

Rock of Ages reports return to profitability

Wed, 03/17/2010 - 4:00am -- tim

Rock of Ages Corporation (NASDAQ:ROAC) today announced financial results for the fourth quarter and 2009, highlighted by a return to profitability for the quarter and year versus losses for the prior year periods, an increase in cash generated from operations to approximately $10,800,000 for 2009 compared to about $2,300,000 for 2008, and the reduction of total debt by an additional $7,500,000 in 2009 following the $8,000,000 debt reduction achieved in 2008.

Vermont Yankee begins remediation planning of contaminated area

Tue, 03/16/2010 - 10:26am -- tim

Vermont Yankee reports that engineers and technicians continue their investigation into the source of tritium in the plant’s groundwater and have commenced soil and groundwater remediation planning. Tritium, a radioactive isotope of hydrogen associated with nuclear fission, was first identified in a test well at the nuclear power plant in Vernon in January.

Vermont Troopers ratify first ever collective bargaining agreement

Tue, 03/16/2010 - 10:12am -- tim

The Vermont Troopers Association (VTA) announced today that its members have ratified its first collective bargaining agreement with the State of Vermont.  The VTA separated from the Vermont State Employees Association in the fall and formed its own organization made up exclusively of state police officers.
“From the outset we knew we were negotiating our first contract in the face of some enormous challenges,” said Michael O’Neil, VTA President.   Such challenges included a difficult economic outlook and pressure to follow the course set by VSEA in its own negotiations.  

Renewable Energy Vermont hires journalist Susan Allen as executive director

Tue, 03/16/2010 - 9:54am -- tim

Renewable Energy Vermont (REV), a Montpelier-based nonprofit representing more than 300 energy companies, banks, law firms, colleges and others working in the growing sustainable energy field, announced Tuesday the hiring of longtime journalist Susan Allen as executive director."We are thrilled to have Sue join us at this juncture. Her reputation and connections as well her spirit will continue and expand our efforts to bring renewable energy to the fore," said Lawrence Mott, chairman of the REV Board of Directors.Allen is well known in Vermont after serving as press secretary to Gov.

VRA, VGA join forces on new legislation to end credit card company abuses

Tue, 03/16/2010 - 9:49am -- tim

The Vermont Retail Association and the Vermont Grocers Association have been working intensively with the Vermont legislature to draft and enact into law a new bill that will prohibit current abusive practices by credit card companies. The opponents call the proposed legislation, among other things, unworkable, a "sweetheart deal" for so-called big box stores, require consumers to always carry cash while opening them up to bait-and-switch schemes.
Key elements of the new bill:

Vermont Department of Education amends list of "Lowest Achieving" schools

Tue, 03/16/2010 - 8:10am -- tim

On March 10, 2010, the Vermont Department of Education released the list of Vermont s ten persistently low-achieving schools as required by the US Department of Education (USED). Due to a calculation error at the Vermont department, that list was incorrect. Two schools that were classified have been removed, and two schools that were not on the March 10 list have now been added.

FairPoint Yellow Pages and White Pages to be combined into one book again

Tue, 03/16/2010 - 7:57am -- tim

The Vermont Public Service Board has reversed its ruling from 2005 that required SuperMedia LLC to separate the FairPoint Yellow Pages and the FairPoint White Pages directories in Vermont. The directories will be combined into a single telephone directory beginning with distribution of new books in May.

Dr Meir Kohn: Regulating the Banks, Lessons from the Recent Crisis

Tue, 03/16/2010 - 7:31am -- tim

The Ethan Allen Institute presents Sheraton Economic Series 2010 lecture, "Regulating the Banks: Lessons from the Recent Crisis" featuring Dr Meir G Kohn, Professor of Economics, Dartmouth College. The event will be held at the Sheraton Burlington Emerald Ballroom, Thursday, March 18, 5-7 pm.
An internationally known expert in finance, markets, banking and regulation, Prof. Kohn will autopsy the bodies left from the Crash of 2008 and answer questions from the audience. His presentation is part of the ongoing Sheraton Economic Series.

Allbee joins Northeast ag commissioners asking USDA to consider reinstating federal price support

Mon, 03/15/2010 - 12:40pm -- tim

Vermont Secretary of Agriculture Roger Allbee recently joined his counterparts in the Northeast to write USDA Secretary Thomas Vilsack encouraging him to consider the benefits of reinstating the federal support price for cheddar block and barrel cheese and non-fat dry milk back to the levels established by USDA last August. The action was coordinated by New York Commissioner of Agriculture Pat Hooker.