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Fairpoint gets written approval to buy Verizon's Maine lines

Sun, 02/03/2008 - 8:00pm -- tim

Fairpoint gets written approval to buy Verizon's Maine lines

Maine Public Utilities Commission on Friday, February 1, 2008, issued a written order approving FairPoints proposed acquisition of Verizons wireline business in Maine. The PUC had previously agreed to the deal and this latest move formalizes its ruling. It stated that it will reserve the right to re-visit its decision based on what the regulators in Vermont and New Hampshrie ultimately rule.

Governor Douglas Awards $1.3 Million In Community Development Grants

Sun, 02/03/2008 - 8:00pm -- tim

Governor Douglas
Awards $1.3 Million In Community Development Grants
Communities To Receive Funds For Housing, Economic Development Projects
MILTON, Vt. – Creating affordable housing, jobs, and
alternative energy sources in Vermont were on the agenda as Governor Jim
Douglas on Monday announced the award of $1.3 million in community development
grants to ten communities.
“These grants will rehabilitate affordable housing;
create new elderly housing units and adult day care; help plan for responsible

Vermont businesses concerned by energy prices, reliability

Sun, 02/03/2008 - 8:00pm -- tim

CONTACT:    Amanda
223-0575 (office) or 802-505-0406 (cell)
Vermont Business
Leaders Deeply Concerned
Over Energy
Pricing, Reliability
New Survey Also
Shows Attention to Efficiency; Strong Support for Vermont Yankee, Wind, Biomass
and Other Energy Options
Montpelier, VT/February 4, 2008 – A new survey of 256 business leaders

Anonymous Normal School Alum Donates $100K to Lyndon State College

Thu, 01/31/2008 - 8:00pm -- tim

LYNDON CENTER, VT. Lyndon State College is pleased to announce a gift of $100,000 from a Normal School graduate who wishes to remain anonymous. This gift will be used to create a new scholarship fund, the Northeast Kingdom Education Endowment, and to encourage increased support of the LSC Annual Fund for Excellence.

PSB approves small CVPS rate increase

Thu, 01/31/2008 - 8:00pm -- tim

PSB approves small CVPS rate increase
The Vermont Public Service Board today approved a 2.3 percent increase in Central Vermont Public Service rates, to take effect with bills rendered Feb. 1.
CVPS had initially filed for a 4.46 percent increase last May, but reached agreement with the Department of Public Service on a 2.3 percent increase in November. The PSB approved that increase in a decision today.

VMEC elects new board members

Thu, 01/31/2008 - 8:00pm -- tim

Randolph Center, VT - The Vermont Manufacturing Extension Center (VMEC) has announced the election of manufacturing executive David Blittersdorf, Founder of NRG Systems in Hinesburg, Vermont, to its Advisory Board. VMEC also announced the hiring of Anne Wood as Office Manager and Erin Quatrini as Marketing & Training Manager. In addition, Board Member and manufacturer Mike Rainville, Owner and President of Maple Landmark, Inc. in Middlebury, VT, has been re-elected 2008 Chairperson of the 12-member VMEC Board.


Mon, 01/28/2008 - 8:00pm -- tim

Montpelier, VT Vermont business development projects totaling $21 million will receive $5.2 million in financing assistance from the Vermont Economic Development Authority (VEDA). Principals of two of the manufacturing projects approved for VEDA financing estimate 100 new jobs will be created within three years of the investments.

VEDA is especially excited and pleased to offer financing assistance that helps stimulate jobs creation in the manufacturing sector of Vermonts economy, said Jo Bradley, the Authoritys Chief Executive Officer.

Howard Printing Earns First and Second Place Awards

Sun, 01/27/2008 - 8:00pm -- tim

Howard Printing Earns First and Second Place Awards
BRATTLEBORO, VT -- Howard Printing, Inc, a commercial offset printing company serving clients in Brattleboro, Keene (NH), Greenfield (MA), and throughout the tristate region, won a first-place "Pinnacle" award and a second-place "Award of Recognition" in the inaugural Awards of Excellence Competition presented by the Printing Industries of New England (PINE).

General Fund Revenues Exceed Target for December

Thu, 01/24/2008 - 8:00pm -- tim

(January 14, 2008)-- Secretary of Administration Michael K. Smith released General Fund revenue results for the month of December, the sixth month of fiscal year 2008. General Fund revenues totaled $104.21 million for December 2007, +$0.11 million or +0.1 % more than the $104.10 million consensus revenue target for the month. This brought the fiscal year-to-date total in the General Fund to $559.12 million (+1.6%) above the cumulative revenue forecast of $550.17 million.