first_imgVermont Business Magazine The Vermont Economic Development Authority (VEDA) has approved $33.5 million in financing assistance to Vermont businesses undertaking commercial and manufacturing expansion projects throughout the state. Also included is financing to support agricultural, real estate development, and business technology projects.”VEDA is pleased to offer financing support to these projects,” said VEDA Chief Executive Officer Jo Bradley. ‘Jobs are being retained or created in a variety of economic sectors, and that is good news for Vermont.’ Projects approved by the Authority for financing assistance are:· Central Vermont Public Service Corporation, Rutland ‘A total of $30 million in Recovery Zone Facility Bond (RZFB) financing was given final approval by the Authority to support the $48.7 million in planned infrastructure upgrades by Central Vermont Public Service Corporation (CVPS). The low-interest, tax-exempt federal bond financing was made available through the American Recovery and Reinvestment Act of 2009 (a.k.a. the Stimulus Act). In May of this year, VEDA gave inducement approval for $25 million in bond financing for the CVPS project; an additional $5 million in eligible project costs have been approved since then. Vermont’s largest utility, CVPS operates in 13 of the state’s counties and employs 530 people. Over the next two years, CVPS plans to install and upgrade distribution and transmission lines. Improvements and upgrades are also planned to distribution and transmission substations and hydro systems, telecommunication infrastructure and a Smart Grid investment is anticipated.· Swan Valley of Vermont and Jonergin Realty, LLC, Swanton ‘ A $5.6 million project to purchase a former cheese manufacturing facility and bring it back to productive use will receive $1.3 million in VEDA financing assistance. Through a newly-formed partnership between Jonergin Realty, LLC and Swan Valley of Vermont, LLC, the former VIA (Lucille Farms) cheese facility in Swanton will be purchased and upgraded with new equipment and machinery. Swan Valley of Vermont will gear up to produce a variety of specialty artisan cheeses for wholesale to various institutional buyers. It is estimated that within three years of the project, more than 50 new jobs will be created. Bank of America is also participating in the project.  · Rock Art Brewery, Inc., Morrisville ‘ Financing was approved to help Rock Art Brewery buy land and build a new brewing facility, more than doubling their current leased production and retail space in Morrisville. The project also includes financing participation by Merchants Bank. The brewing company, started as a home business in 1997, will move from their current leased facility to property which they will purchase on Route 100. The company will build a new structure and purchase machinery and equipment to be used in the brewing process. Rock Art Brewery employs eight people, a number expected to grow to ten within three years of the expansion project.  · Mad River Park Corporation, Waitsfield ‘ Financing of $210,000 was approved to Mad River Park Corporation to fund its purchase of a 14,000 square foot industrial building on 3.47 acres of land in Waitsfield.    In addition, VEDA approved:· $1.05 million in financing to Vermont farmers through the Authority’s agricultural loan program, the Vermont Agricultural Credit Corporation (VACC);· $100,000 in financing through the Authority’s Technology Loan Program, designed to assist smaller technology-related firms; and· $350,000 in small business project financing through the Authority’s Small Business Loan Program. VEDA’s mission is to promote economic prosperity in Vermont by providing financial assistance to eligible businesses, including manufacturing, agricultural, and travel and tourism enterprises. Since its inception in 1974, VEDA has made financing commitments totaling over $1.5 billion. For more information about VEDA, visit www.veda.org(link is external) or call 802-828-5627.Source: VEDA. 9.22.2010last_img read more

first_imgGhana’s local Black Stars are through to the semi-finals to face Nigeria  in the African Nations Championship   after defeating DR Congo 1-0 on Sunday.The  mouth-watering West Africa semi-final against Nigeria to be played on Wednesday 29th January at the same venue.Again defender Kwabena Adusei stepped up to convert the match winner from the spot in the 67th minute to seal a last-four berth for the home-based national team.The goal was the defender’s second at the tournament exclusive to players based in their home countries. Adusei is now Ghana’s top scorer with two goals to his credit.The hard fought win at the Free State Stadium somehow was hands Ghana a payback after DR Congo edged to the title in the first edition of the tournament in 2009.DR Congo enjoyed good moments in the tough contest but failed to score to add up to their bright display. Ghana (0) 1 (Adusei 68pen)DR Congo 0TEAMSGhana: Adams; Adusei (Azumah 70’), Ainooson, Sulley, Tijani; Akuffo (Owusu 82’), Mpong (Attorbah 53’), Opoku; Mohammed, Anobaah, BanseyDRC: Kidiaba; Litombe, Kasusula, Muselenge, Kimwaki; Nsimbi, Ndombe (Mukanisa 85’), Basisila (Emomo 72’), Mundele; Mabidi, Mavuanga (Nzinga 63’)last_img read more

first_img“He says some things that can be construed as racist,” Barkley said. “Some things he says are very wrong and flagrant. … There are some things he says that really need to be — especially when he has an opportunity to denounce white nationalism and things like that, he can do a much better job.CHARLES BARKLEY on TRUMP:“Do I think he’s a racist? I’m leery of calling people ‘racist.’ He says some things that can be construed as racist. Some things he says are very wrong and flagrant.”pic.twitter.com/njHfCg17HT— JM Rieger (@RiegerReport) July 30, 2019Barkley also said he is supporting Pete Buttigieg but has not picked a front-runner yet. Barkley has been outspoken about these issues before and took a lap through the debate’s spin room to talk to media ahead of the event.”I think all politicians take black votes for granted,” he said. “They talk to black folks every four years and that’s about it, how they’re going to make our lives better and they do nothing about it. Both parties suck in that aspect. It is not a Republican or Democrat thing. It’s not a liberal or conservative thing. It’s an economic thing, economic opportunity and that’s what both parties are neglecting.”He was then asked about his feelings on Trump. Charles Barkley was in attendance at the second Democratic Party presidential debate Tuesday.The former NBA player and current analyst weighed in on who he is supporting — a trio of candidates that includes San Antonio mayor Julián Castro — candidates on both sides taking black votes for granted and President Donald Trump.last_img read more