| GBIC presents achievement award to Ken Merritt [July 15, 2015 - Source: vermontbiz.com]
The Greater Burlington Industrial Corporation (GBIC) has presented the 2015 C. Harry Behney Lifetime Economic Development Achievement Award to Ken Merritt, Managing Director of the law firm of Merritt & Merritt & Moulton in Burlington.
For more, click here. Draker and Inaccess Join Forces [July 14, 2015 - Source: Press Release]  Draker Inc. and Inaccess announced that they are joining forces to provide industry-leading photovoltaic monitoring and asset management solutions. This agreement enables the two companies to combine their technology platforms and global delivery capabilities that currently serve a combined portfolio of 5 gigawatts of utility and commercial-scale solar power plants from 3400 sites across five continents. For more, click here. Dynapower Announces Contract with Tesla [July 14, 2015 - Source: Press Release] Dynapower Company announced that it will supply 250 kW energy storage inverters as an integral part of Tesla's recently announced Powerpack Commercial battery systems for large commercial and utility customers. Tesla selected the Dynapower system based on the company's technology, track record, and long-term viability. For more, click here. Grant Awarded to Boost College Attainment [July 13, 2015 - Source: vermontbiz.com]  Efforts to boost the rate at which Vermonters attain post-secondary education will receive $50,000 in support from the Lumina Foundation. The Vermont State Colleges and others have received the grant to help increase the attainment rate from about 45 percent to 60 percent by 2020. For more, click here. Cyber Security, Whether You Like it or Not [July 13, 2015 - Source: vermontbiz.com] Cyber security measures can be annoying chores that are easily put off, but they can save a business much money and a lot of heartache. The good news, according to professionals, is that most cyber problems are preventable. But it's still going to require vigilance and a certain level of suspicion by business owners and managers, especially for those many small businesses in Vermont which do not have in-house IT. For more, click here. VTel's Wireless Broadband System Nears Completion
[July 8, 2015 - Source: vpr.net]
Springfield-based VTel was awarded $116 million in 2010 in grant and loan money, in part to help build a statewide wireless high speed broadband network. Since then, major companies have improved their own networks for mobile and broadband service. But VTel President Michel Guite says there's still a place in the market for his wireless network, which he says will cover 97 percent of Vermont.
For more, click here. Huge Money, Small Oversight: State IT Spending In Vermont [July 1, 2015 - Source: vpr.net] VPR looked at the use of technology in Vermont state government and concluded that it's nearly impossible for Vermonters to know how much of their tax money goes toward IT operations in the state, how successful IT projects are in meeting state needs, or how well state agencies follow defined protocols for state contracts. For more, click here. GlobalFoundries Takes Over in Essex Junction [July 1, 2015 - Source: burlingtonfreepress.com] 
GlobalFoundries announced the close of the deal to acquire IBM's microelectronics business, which includes the semiconductor plant in Essex Junction. The agreement ends years of uncertainty for plant employees and their families. Approximately 3,000 former IBM manufacturers, engineers and executives transitioned to similar roles at GlobalFoundaries. For more, click here.
[July 1, 2015 - Source: vermontbiz.com] In the wake of the transfer of ownership of Vermont's IBM microchip facility, Vermont Business Magazine collected observations on the impact of IBM on Vermont and the hopes for the plant's new owner, GlobalFoundries. For more, click here. UVM Researcher Develops AFib Treatment [July 1, 2015 - Source: sevendaysvt.com] A grant from Mary and Tom Evslin helped fund research by UVM cardiologist Dr. Peter Spector into a new treatment for atrial fibrillation, a common heart-rhythm irregularity. Spector and his team have come up with a mapping system so promising it could enable doctors to cure atrial AFib, which affects millions of Americans. For more, click here. Chroma Technology Receives Workplace Safety Award [June 30, 2015 - Source: vermontbiz.com]  Chroma Technology Corp, based in Bellows Falls, has received an award for workplace safety from workers' compensation insurer MEMIC. Only eight out of more than 20,000 policyholders were honored with a safety award at MEMIC's Annual Meeting. Chroma Technology Corp is an employee-owned manufacturer of optical filters. For more, click here. |
