VPR senior reporter Steve Zind focuses on the Vermont economy and its impact on our lives. Follow Steve Zind on Twitter, post comments on the stories, and let Steve know what local economy stories you think VPR should cover.
There are signs that after years of decline, manufacturing is making a comeback in the United States. One global company based in the Upper Valley has been adding so many workers so fast that it’s had to create its own on-site academy.
Hypertherm, in Hanover, makes high-tech machines that use laser and water to cut metal. On a summer day perfect for swimming, in a factory built just for training, about a half dozen young men are hard at work, gathered around a drill press.
Seneca Mountain Wind is stopping development of a project that would have placed about 20 turbines at a remote mountaintop site in the Northeast Kingdom. The company has withdrawn its electrical connection request with ISO New England and terminated land leases in Newark, Brighton and Ferdinand.
According to a press release late Friday afternoon, “SMW’s decision reflects its commitment to obtain community support before advancing this project, which was not evident in any of the three jurisdictions where SMW had development plans.”
Controversy is swirling in the Upper Valley around one of the oldest food co-ops in the United States. After two popular employees were fired from Co-op Food Stores of New Hampshire without explanation last month, members began questioning how management treats employees.
At a recent Board meeting attended by about 300 members, two starkly different answers emerged.
A downgrade in revenue projections has opened up a $31 million hole in the state budget. And the shortfall will likely result in unexpected cuts to government programs.
When lawmakers and Gov. Peter Shumlin gave final approval to the fiscal year 2015 state budget back in May, they assumed a 4.8-percent increase in revenues over the coming year. But it turns out the economic recovery isn’t going quite as well as they’d hoped.
On Monday, the public got a chance to weigh in on a plan to build a four-story glass and metal tower in Newport that would house bio-medical research and development.
The developers, Bill Stenger and his business partner Ariel Quiros, say the project will create as many as 500 jobs and will not harm the environment. But some Newport residents have some concerns about its impact on public health.