Current News

-A A +A

Ethan Allen Furniture Establishes a Contract Division

Thu, 01/29/2009 - 9:49am -- tim

DANBURY, Conn.--(BUSINESS WIRE)--Jan. 21, 2009--Ethan Allen Interiors Inc. (NYSE: ETH) today announced the launch of a new initiative establishing a Contract Division. Daniel Grow, former President and CEO of Drexel Heritage Furniture and most recently President of D.M. Grow Inc., will join Ethan Allen to lead the initiative. In addition, Daniel Grow will also be responsible for the growth of Ethan Allen's International Design Center Development program.

"Best Companies to Work for in Vermont" announced

Thu, 01/29/2009 - 9:00am -- tim

The "Best Companies to Work for in Vermont" ceremony will take place April 1 at Main Street Landing in Burlington. We will honor five Large Companies (over 150 employees) and 10 Small & Medium Sized Companies (15 to 149 employees) as the Best Companies to Work for in Vermont. All the honorees are listed below. The rankings in each category will be announced at the event.  
Presented by Vermont Business Magazine.

Vermont Pure sales increase, announces impairment write down

Thu, 01/29/2009 - 8:35am -- tim

WATERTOWN, Conn., Jan. 29 /PRNewswire-FirstCall/ -- Vermont Pure Holdings, Ltd. (NYSE Alternext: VPS) announced financial results for the fiscal year ended October 31, 2008 and filed these results on Form 10-K with the Securities and Exchange Commission yesterday.
Operating Results for Fiscal Year ended October 31, 2008
Sales increased 6% to $69.2 million from $65.2 million in fiscal year 2007. This increase reflected higher volumes of coffee and related products and the effect of fuel surcharges, partly offset by small declines in water sales and cooler rentals.

Green Mountain Coffee expands Tennessee operation

Thu, 01/29/2009 - 8:09am -- tim

WATERBURY, Vt.--(BUSINESS WIRE)--Just months after opening its new manufacturing plant in Knox County, Tennessee, Green Mountain Coffee Roasters, Inc. (NASDAQ:GMCR) today announced that it will begin installation of coffee processing equipment in the facility. The equipment will be used for cleaning, storing and roasting green coffee as well as for blending and grinding roasted coffee. GMCR will be investing approximately $8 million for this project through the end of its fiscal year 2009, consistent with capital investment plans.

Small business employs more than 60 percent of Vermont's workers

Thu, 01/29/2009 - 7:49am -- tim

WASHINGTON, D.C. Vermont's economic recovery will depend on small business. That message is driven home in the newly updated Vermont Small Business Profile released today by the Office of Advocacy of the U.S. Small Business Administration. The most recent data show that the state has 18,937 small employers, and they employ 63.5% of the state s workforce, the third highest percentage in the country.

Champlain College and HR Sentry offer online workshops

Thu, 01/29/2009 - 7:17am -- tim

Layoffs - Budget Cuts - Downsizing. Every day there seems to be another news story covering the fallout from the current economic downturn. Today's economy has created an increasingly challenging environment for human resource administrators. If you are the person responsible for the HR functions of your organization, you may know that there are federal and state employment laws that can help you maneuver through these difficult times - but how familiar are you with them?

Nominate Vermont’s Outstanding Businesses for the Deane C Davis Award

Thu, 01/29/2009 - 6:57am -- tim

Nominations are now being accepted for the 19th Annual Deane C. Davis Outstanding Business of the Year Award, co-sponsored by the Vermont Chamber of Commerce and Vermont Business Magazine.  The winner will be unveiled during the May 20, 2009, opening ceremony of the region s largest business-to-business trade show, the annual Vermont Chamber of Commerce Business and Industry EXPO.  Three award finalists will be profiled in the May issue of Vermont Business Magazine.

Merchants Bancshares profits increase

Wed, 01/28/2009 - 11:24am -- tim

Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, today announced net income of $11.92 million or diluted earnings per share of $1.96 for the year ended December 31, 2008. This compares with net income of $10.86 million or diluted earnings per share of $1.76 from the previous year. Merchants earned $3.06 million or diluted earnings per share of $0.51 for the quarter ended December 31, 2008, compared to net income of $2.92 million or diluted earnings per share of $0.48 for the same quarter of the previous year.

Peapod joins MyWebGrocer advertising network

Wed, 01/28/2009 - 8:51am -- intern

Colchester--MyWebGrocer has announced that Peapod, serving 14 major US markets, is joining the MyWebGrocer Ad Network. With the addition of Peapod, the majority of retail Grocery Ecommerce transactions occur within the MyWebGrocer Advertising Network.
The addition of Peapod, Peapod by Stop&Shop, and Peapod by Giant to the ninety other leading retailers on the network means that the network now has significant store density in the key New York, Chicago, Washington DC, and Boston DMA s.

Frog Hollow to suspend operations in Middlebury

Wed, 01/28/2009 - 8:46am -- intern

Middlebury--Frog Hollow: The Vermont State Craft Center is suspending operations at its Middlebury location on January 31st. The organization, hard hit by the economic downturn, will suspend operations in Middlebury and focus on its Burlington location and web sales as it takes a strategic pause to determine its next steps and strategy moving forward.

Specialty Food Association welcomes new members

Wed, 01/28/2009 - 8:37am -- intern

Rutland--The Vermont Specialty Food Association welcomes the following businesses as members of the organization:
Aqua Vitea LLC
Aqua Vitea is a kombucha microbrewery located in central Vermont.
Jeff Weaber
8 Shard Villa Rd.
Salisbury, VT 05769
Fat Toad Farm
Fat Toad Farm is a small family-run goat dairy in Brookfield, Vermont. They make traditional goats milk caramel (also known as cajeta), and plain and flavored fresh farmstead cheeses.
Judith Irving