Business & Economy

VTDigger publishes Vermont business and economic news. We also specialize in coverage of state finances and the impact of tax and budget policy on Vermonters. Erin Mansfield is VTDigger’s business and economy reporter. She can be reached at [email protected]

Hermitage Club celebrates Act 250 master plan approval

(Editor’s note: This article by Chris Mays was published by the Brattleboro Reformer on Feb. 18, 2017.) WILMINGTON — While several other approvals will need to be in place for different projects proposed by the Hermitage Club to proceed, the company is celebrating its biggest hurdle: the Act 250 master plan permit. “The Hermitage Club is […]

UPDATED: Vail Resorts buys Stowe Mountain Resort

Vail is buying Mount Mansfield Co., a wholly owned subsidiary of American International Group Inc., a giant insurance company, for $50 million, company officials said. AIG Global Real Estate will continue to own the Stowe Mountain Lodge, Stowe Mountain Club, the golf course and condos on the mountain.

Rutland area ready to move ahead with marketing effort

Business promoters have chosen a Brattleboro-based digital marketing agency to lead the initiative as the city sees its population continue to drop.

Businesses ask for less bureaucracy in state contracting

Construction companies say they experience red tape when working on state-funded projects.

Legislature considering new tax increment financing districts

Bennington lawmakers are among those seeking an expansion of the program meant to spur development through public infrastructure spending.

Special report: Think tank’s ties to Trump raise stakes for Vermont funding

The Heritage Foundation’s budget blueprint — if enacted — would devastate federal support for green energy, crime victim assistance, farms and more.

UPDATED: Vermont PBS sells broadcast license back to the feds for $56 million

The station’s transmissions will not be affected, says its CEO Holly Groschner, and the money will be used to “take us into the 21st century. …” The FCC will resell the spectrum to broadband providers.

Scott pitches affordable housing initiatives

The proposals include a $35 million bond to finance affordable housing projects, widening two tax programs and allowing some housing projects to skip Act 250 review.

Education, child care, mental health key issues at budget hearing

Witnesses said level funding is a major problem for local agencies that provide mental health and disability services.

Divided House shoots down happy hour

Rep. Oliver Olsen, I-Londonderry, said legalizing short-term drink specials would be good for tourist areas and the craft beer industry.

Deportations sow worry among farmers, immigrant workers

Recent enforcement actions underscore the vulnerability of the industry and many of its laborers. “To say people are nervous is an understatement,” says a consultant.

Two Senate committees endorse new tech agency

Gov. Phil Scott’s plan to create an Agency of Digital Services was one of three executive orders he signed last month. Either body of the Legislature can veto it.

$60M Brattleboro interstate bridge to open in March

The state Agency of Transportation pegs March 13 as the day when northbound traffic will begin traveling over a new, long-delayed I-91 bridge.

Former Burlington College dorm eyed for transitional housing

Under the proposal, the property would be run as a sober-living home for at least 13 homeless people with high needs.