Current News

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New “Vermont CPR” Website Urges Immediate Land Use Permit Reform

Wed, 03/19/2003 - 8:00pm -- tim

A coalition of business leaders is doing everything it can to create jobs in Vermont. A new website,, has arrived on the scene to support revision of Vermont’s permitting process in order to pump life into the Vermont economy. The website urges legislative initiatives to make meaningful changes to the Act 250 process this legislative session.

Governor's Summit on the Employment of People with Disabilities

Tue, 03/18/2003 - 8:00pm -- tim

Mike Wallace, co-editor and correspondent of CBS's 60 Minutes will be the keynote speaker at the Governor's Summit for the Employment of People with Disabilities.
This year's summit will focus on the employment of people with mental health issues. Wallace will speak about his struggles with depression, a mental health disorder that affects 18 million Americans.
Governor James Douglas will be presenting awards to Vermont businesses that have made a difference in employing people with disabilities. Senator James Jeffords will also be speaking at the luncheon.

Husky Announces Expansion Plans in Milton

Tue, 03/18/2003 - 8:00pm -- tim

Husky Injection Molding Systems has announced a $13 million expansion plan for its Milton, Vermont plant. The expansion could bring as many as 100 jobs to the area within the next year. Husky has begun the hiring with 50 new jobs now with the prospect of hiring an additional 50 over the coming year. These jobs would be in engineering, manufacturing and support.
Plans include a 17,000 square foot addition to the Husky plant located on North Road in Milton. There are plans to move part of the operation to a 20,000 square foot plant in the Catamount Industrial Park in Milton.

Vermont CEOs to discuss new issues facing public companies in post-Enron world

Sun, 03/16/2003 - 8:00pm -- tim

A group of four Vermont chief executives―Ed Colodny of Fletcher Allen Healthcare, Liz Robert of Vermont Teddy Bear, Joe Boutin of Merchants Bank and John Casella of Casella Waste Systems―will participate in a panel discussion titled “How do Responsible Public Companies Handle the Issues of Enron+1?” on April 10 at Middlebury College. The town-meeting-style open event, which is the 2003 D.K. Smith Spring Forum, will take place from 4:30-6 p.m. in Room 216 of Bicentennial Hall on Bicentennial Way off College Street.

Gov. Douglas Announces $4.96 Million for Homeland Security, Majority of Funds to Local Units

Thu, 03/13/2003 - 8:00pm -- tim

Montpelier, Vt.- Governor Jim Douglas announced that Homeland Security
Secretary Tom Ridge is making a total of $4,963,000 of fiscal year 2003
grant funds available for local and state homeland security preparedness in
Vermont. The money is for domestic preparedness equipment, training and
Governor Douglas said that Vermont's Homeland Security Unit (HSU) would work
with all response organizations in the state to ensure that grant funds
reach the largest number of participants in the most effective manner.

IDX Systems Corp Reports Fourth Quarter and Year -End Results

Thu, 03/13/2003 - 8:00pm -- tim

IDX Systems Corporation (NASDAQ:IDXC) reported results today for the fourth quarter and year ended December 31, 2002.
Revenues for the fourth quarter ended December 31, 2002 were $122
million compared with $103 million in the fourth quarter of 2001.
Revenues for the twelve-month period ended December 31, 2002
increased more than 17% to $460 million compared with revenues of
$391 million for the same period in 2001. Revenues reflect the adoption
of EITF 01-14, and all periods presented, including 2001, have been

IDX, State Team Up For Job Training

Thu, 03/13/2003 - 8:00pm -- tim

IDX Systems Corp and the State of Vermont to start an apprenticeship program that will train workers for jobs at the medical software company in South Burlington.
Interested people must be willing to train for eight weeks. The training cost nothing and also pays nothing. Once they pass the training course they will have an opportunity for a paid, full-time apprenticeship at IDX Systems Corp. After the one year apprenticeship they have an opportunity for a full-time job that pays in the range of $45,000 to $50,000 a year.

Jager Di Paola Kemp will lay off 11 Employees

Thu, 03/13/2003 - 8:00pm -- tim

Jager Di Paola Kemp, a Burlington design and marketing firm will aly off eleven employees, thirteen percent of its staff. The company staff will now consist of 73 employees.
The layoffs were in response to less marketing dollars coming from Burton Corp. Burton is a manufacturer of snowboards and accessories with headquarters in Burlington.
Recently Burton Corp cut 42 jobs at the company as part of a restructuring plan that includes cost-cutting measures throughout the company.
Jager Di Paola Kemp has handled the Burton account since the 1980's.

Unemployment rate increases

Thu, 03/13/2003 - 8:00pm -- tim

Vermont Department of Employment & Training
Vermont Labor Force Statistics (Seasonally Adjusted)
January 2003 December 2002 January 2002
Total Labor Force 351,600 351,900 345,500
Employment 337,400 338,700 332,600
Unemployment 14,300 13,200 12,900
Rate (%) 4.1 3.7 3.7
Montpelier - The Department of Employment and Training recently announced a

John Davis & Associates Announces its New Web Site

Wed, 03/12/2003 - 8:00pm -- tim

John W Davis, CPA and principal of John Davis & Associates, CPAs, expressed his enthusiasm for the web site created by Earthlogic Media Technologies. "With this attractive, easy-to-use, informative new web site the firm has demonstrated keenly the power of web technology to work for the accounting industry. I like the sections with the latest news and financial calculators, the page of many business resource links, but perhaps most of all, the CPA profiles page allowing our clients to know personally who they are working with."

Panel of Vermont CEOs to discuss how responsible public companies handle the issues of Enron+1

Wed, 03/12/2003 - 8:00pm -- tim

How Do Responsible Public Companies Handle the Issues of Enron+1?
A panel of Vermont CEOs will explore critical themes in a town-meeting-style open discussion
§ Sarbanes-Oxley Corporate Reform Bill

§ Accountability – accounting and auditing

§ Board of directors and the auditing committee

§ Unresolved issues

· Scott Pardee, Alan R. Holmes Professor of Monetary Economics, Middlebury College

· Joe Boutin, President and CEO, Merchants Bank

· Edwin Colodny, CEO (Retired), USAIR; Acting CEO,

Raising the Bar. Thriving by Continuous Improvement

Wed, 03/12/2003 - 8:00pm -- tim

Raising the Bar. Thriving by Continuous Improvement
A One-Day Introduction to Performance Excellence Thursday, April 3rd, 9:00 a.m. to 4:30 p.m.
Strategic Planning: Learn how to align decisions, improvement efforts and daily operations to attain the strategic results you require.
Leadership: An effective leadership system sets the course and climate for the organization and inspires others to "make it happen." Find out how to transition from reactive managing to energizing, proactive leadership.