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VEDA approves over $15 million in new loans

Tue, 07/09/2019 - 9:13am -- tim
Vermont Business Magazine The Vermont Economic Development Authority (VEDA) approved over $15 million in financing for Vermont businesses over the last quarter, from April 1 and June 30, 2019. The approved financing will support the growth and development of businesses and farms across the state, create new jobs, and improve Vermont's renewable energy infrastructure. 

French owner of Stonyfield buys Brattleboro yogurt maker

Mon, 07/08/2019 - 2:00pm -- tim

Vermont Business Magazine Lactalis Group, based in Laval, France, and the largest dairy products firm in the world, has acquired Brattleboro's Ehrmann Commonwealth Dairy, the US yogurt business of Ehrmann AG, the Bavaria, Germany-based dairy company. The acquisition was completed on July 5 and announced today. Established in 2009, Ehrmann Commonwealth Dairy has two state-of-the-art manufacturing facilities that employ 250 people in Brattleboro, Vermont and Casa Grande, Arizona and manufactures and distributes yogurt and other dairy products under the Green Mountain Creamery and Liebe brands. It also features a strong private label business.

MacKay and Degree appointed to Vermont Sustainable Jobs Fund board

Mon, 07/08/2019 - 12:21pm -- tim

Vermont Business Magazine The Vermont Sustainable Jobs Fund (VSJF) announced today the appointment of Noelle MacKay of Shelburne and Dustin Degree of St Albans to its Board of Directors. VSJF is a nonprofit organization focused on sustainable economic development in the agriculture and food system, forest product, waste management, renewable energy and environmental technology sectors.

Vermont ranked low as place to start a business

Mon, 07/08/2019 - 12:09pm -- tim

Vermont Business Magazine The personal-finance website WalletHub today released its report on 2019’s Best & Worst States to Start a Business. Vermont ranked 43rd, as the Northeast in general and New England in particular ranked low compared to states South and West. Vermont ranked low in the sub-categories of growth in new startups, length of work week and dead last in workforce availability. Vermont ranked high in state incentives.

Airbnb reaches tax deal with City of Rutland

Mon, 07/08/2019 - 11:51am -- tim
Airbnb has already reached tax agreements with the State of Vermont & Burlington, and has collected more than $8 million in tax revenue for the state

Vermont Business Magazine Airbnb has finalized a new tax agreement with the City of Rutland, which will allow the company to collect and remit room rental tax on behalf of hosts who have listings across the city. With this new agreement, Airbnb is now collecting and remitting taxes in Vermont statewide, as well as in Burlington and the City of Rutland.

Vermont Catholic Magazine and the Catholic Diocese of Burlington earn 9 press awards

Sun, 07/07/2019 - 4:47am -- tim

Vermont Business Magazine The Catholic Press Association of the United States and Canada presented nine awards to the Diocese of Burlington — including the prestigious top diocesan “Magazine of the Year” Award — during the Catholic Media Conference in June in St. Petersburg, Florida. 

Community Bank donates $15,000 to the DREAM program

Sun, 07/07/2019 - 3:10am -- tim

Vermont Business Magazine The Community Bank NA New England branches recently donated $15,000 to The DREAM Program to support its mentoring program. To present the donation, 18 team members joined members of the DREAM Program at Camp DREAM for a work day. The team helped paint, clear trails and get the camp ready for children who will be attending the camp this summer.

BioTek unveils enhancements to market-leading 405 TS Washer

Sat, 07/06/2019 - 5:23am -- tim

​Vermont Business Magazine BioTek Instruments continues to improve laboratory workflows while simplifying the user experience with the launch of their next generation 405 TS Microplate Washer. With new capabilities, 405 TS provides even more time-saving convenience and value for applications such as cell-based assays, ELISAs, bead washing and more.

Hickok & Boardman Insurance Group opens new office in Plattsburgh

Sat, 07/06/2019 - 3:44am -- tim

Vermont Business Magazine Hickok & Boardman Insurance Group is pleased to announce the opening of a new office in Plattsburgh, New York. The office, located at 14 Durkee Street, Suite 430 in The Gateway Building overlooking Broad Street and the Saranac River is scheduled to open in July and will be Hickok & Boardman’s first physical location outside of the state of Vermont.