VEDA approves $3.2 Million in direct lending

first_imgVEDA BOARD APPROVES $3.2 MILLIONIN PROJECT FINANCING ASSISTANCE Montpelier, VT – Manufacturing, development, agricultural and travel and tourism projects totaling $6 million will receive $3.2 million in financing assistance from the Vermont Economic Development Authority (VEDA). “We are very pleased to be able to offer financial assistance to these business acquisition and expansion projects,” said Jo Bradley, VEDA’s Chief Executive Officer. Approved for financing by the VEDA Board of Directors are:C Black Diamond Sportswear, Inc., Montpelier – A 75% insurance commitment ($1,312,500) was given on a $1.75 million working capital line of credit extended to Black Diamond by the Mascoma Savings Bank. Black Diamond designs, produces and sells fleece outerwear for the winter sport market, selling under its own brand to sporting goods retail stores across the country. It is estimated that within three years, job growth at Black Diamond will increase from its current 12 to 16 positions.C Railroad Row, LLC, Hartford B Phase II of a real estate development project that is part of the Town of Hartford=s downtown revitalization plan will begin with $415,000 in financing assistance approved by VEDA. The total $2.1 million construction project will see the former Twin State Fruit Building and adjacent former Tire Building converted into a 14,000 square foot, three-story commercial building. Space will be leased to house the national headquarters of the Global Health Council, Inc. (GHC). GHC=s total payroll of 4 is expected to grow to 11 positions within three years. The Mascoma Savings Bank is also participating in the project. In the Vermont SBA 504 Corporation portion of the VEDA Board’s meeting, a financing commitment was made to support the purchase of an operating inn:C Brass Lantern Inn, Stowe B Joseph and Nancy Beres will purchase the Brass Lantern Inn, consisting of 9 rooms on 1.5 acres with $198,000 in SBA 504 financing assistance. The HSBC Bank is also participating in the $933,000 project. Agricultural loans totaling $1.23 million were also approved by the Board through VEDA’s farm financing assistance program, the Vermont Agricultural Credit Corporation (VACC). 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. In its 31-year history, VEDA has made financing commitments totaling over $1 billion. -30-last_img read more

Totally Trivial With Melody Walker and Jacob Groopman of Front Country

first_imgMelody Walker and Jacob Groopman are grabbing attention everywhere they go.  Along with their progressive bluegrass band Front Country, they have garnered gold in band competitions at both Rockygrass and Telluride, Melody’s debut record, Gold Rush Goddess, was named one of the top 50 records of 2012 by No Depression, and Melody won the Chris Austin Songwriting Contest at MerleFest in April of this year.That is a nice collection of kudos for a couple of musicians who have been on the scene for just a couple years.Melody and Jacob, who live in Northern California and hail from San Francisco and Richmond, respectively, can be found recording and playing as a duo when not on the road with Front Country.  Just this week, they set out from California on a two month tour that will take them all over the country.  Jacob and Melody are touring in support of their new release, We Made It Home.BRO recently caught up with Jacob and Melody to get Totally Trivial.BRO – One thing you can get in NorCal that you can’t get in Richmond?Jacob – Seriously amazing authentic dim sum.  I never even knew about this until I moved out to California.  In Richmond, we didn’t even get a sushi place until I was in high school.  Of course, I’ve not lived in Richmond for almost 15 years, so maybe there is some dim sum there now.Melody – Poison oak.  Y’all have poison ivy over there, but apparently the rash is the same, so . . . .BRO – One thing you can get in Richmond that you can’t get in NorCal?Jacob – Great Civil War history!Melody – All kinds of weird Southern foods that don’t even exist on the West Coast.  What is creasy salad?  Chitlins?BRO – In five words or less, finish the following statement – “Winning the Chris Austin Songwriting Contest was better than . . . . “Jacob –  . . . not winning!Melody – . . . getting tarred and feathered.BRO – Most recent song that you heard and immediately had to listen to again?Jacob – This is random, but it was a song by a UK artist named Goldfrapp.  I was in our neighborhood record store, heard it, and had to go home and find it.  The album is called Tales of Us.Melody – I do this all the time, but most recently it was “Gone and Back” from Alaskan songwriter Anna Lynch.  She released it as a teaser for her new album, and you can listen to it here – It’s super catchy and has this cajuny swing that makes me want to dance.BRO – Favorite guilty pleasure while on the road?Jacob – White Cheddar Cheez-Its.Melody – Chex Muddy Buddies.  But we do not give in to these pleasures anymore.  Why, you got some?BRO – Last movie that made you cry?Jacob – Forrest Gump.  It’s the only move that’s ever made me cry.  “I miss you, Jen-nay!”Melody – It doesn’t take much.  I guess Gravity got me for a second, even though that movie was stupid!BRO – Most played song on your iPod?  You proud of that?Jacob – I have no idea.  It might be “Bubbles,” by Bela Fleck, Edgar Meyer, and Zakir Hussain.  I can’t get enough of that song and I am very proud.Melody – I’ve worn out Graceland – the whole album – pretty good on road trips over the years.  It never gets old and always puts a smile on my face.  That’s basically like musical heroin.  I will never quit you, Paul.BRO – What state do you anticipate driving through least on the big tour?Jacob – Nebraska, because it NEVER ends.  This time, though, we’re actually stopping for a gig in North Platte so maybe I’ll change my tune.  Texas is also really large.Melody – Sorry, Nevada, but it’s always you.  There no gig here and you not very scenic on I-80.BRO – Favorite tune on the new record?Jacob – I’m a big fan of how “Betelguese” came out.Melody – I like “O Heartbreaker” because it’s really a pop song snuck onto a folk record.BRO – If you could have just one guest sit in on the big tour, it would be . . .Jacob – Tim O’Brien.  One day it will happen.Melody – David Rawlings.  Sorry Jacob.Melody and Jacob will be racking up some serious miles in the car over the next couple months.  If you get a chance, catch them when they hit a town near you.  For our Colorado readers, the duo will be in Carbondale, Longmont, and Boulder by the end of this week.  Jacob and Melody will be in the Southeast by the end of November, hitting Washington, D.C., Richmond (VA), and Johnson City and Knoxville (TN).For more info on tour dates and how to get your hands on the new record, check out  Also, be sure to listen to “We Made It Home” on this month’s Trail Mix.last_img read more

July Letter from the Editor: The Big Five Things That Will Save the Planet

first_imgThere are a lot of eco-friendly lists out there, especially fluffy, feel-good suggestions for greening your life by changing light bulbs. In this issue, we provide 10 ways you can really, actually, truly make a difference. None of them are easy, but all of them have an added bonus: they’re good for you. Healthier personal choices lead to a healthier planet. If you want to step up your green game, here’s how you can help save the planet:Support renewable energy. Even with the recent boom in natural gas, fossil fuels won’t last much longer, and they’re doing irreparable damage to the planet’s health and our own. Without renewables, our species doesn’t stand a chance. Vote with your dollars, too. Switch to socially and environmentally responsible mutual funds and investments, especially ones that support solar, wind, geothermal, and tidal energy. Demand that your schools and employers—and your government—do the same. Divestment campaigns are taking place at university campuses across the country, and representatives on both sides of the aisle support ending fossil fuel subsidies.Buy less stuff. Spend your money on what matters most: nutritious food, clean water, and a healthy lifestyle enjoyed with family and community. What else do you really need?Protect public lands. Wild places aren’t just for the animals, nor are they simply playgrounds for wealthy recreationists. They are essential to all of our health. Public lands protect drinking water for most of the Eastern U.S., and they are essential to sustaining healthy soil, air, and food for everyone.Eliminate plastics. It’s not just BPA to worry about. The replacements for BPA are just as toxic. Virtually all plastics are potentially poisonous. Plastics are made from petrochemicals—your plastic spoon and water bottle are basically congealed oil. Most of the synthetics used in plastics production have never been tested for human safety, and the few that have are endocrine-disrupting, estrogenic, and potentially carcinogenic.Eat a local, organically grown, mostly plant-based diet. Sound too radical? It’s what human beings have been eating for at least two million years. Our caveman ancestors mostly gathered fresh fruits, vegetables, roots, and nuts for their calories; meat provided less than 15% of most Paleolithic diets. And our agrarian ancestors were all organic farmers who ate what was in season. Only in the past 50 years have we shifted to an industrial diet of processed foods and factory-farmed meats, and as a result, one-third of the world is obese and even more are suffering from dietary diseases.It comes down to this: prioritize health over cheap crap (whether plastics or fast food or fossil fuels), and you’ll save the planet, money, and lives—including your own.last_img read more

Target Offers Discount Amid Frustration Over Massive Breach

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Target store on Black Friday (Photo: Target)Retail giant Target will offer a 10 percent discount to all customers during the weekend in the wake of a massive data breach at its stores that compromised 40 million credit or debit card accounts and frustrated customers nationwide.The discount will apply to sales on Dec. 21 and Dec. 22 at all U.S. stores. The big box store will also offer free credit monitoring serices to customers who think they may have been affected by the hack, which occurred between Nov. 27 and Dec. 15.Target’s in-store payment systems were breached two days before Black Friday, one of the busiest shopping days of the year.“We recognize this has been confusing and disruptive during an already busy holiday season,” Target CEO Gregg Steinhafel said in a statement. “Our guests’ trust is our top priority at Target and we are committed to making this right.”He noted that the breach didn’t affect everyone who swiped their card during the more than two weeks its systems were compromised.“In fact, in other similar situations, there are typically low levels of actual fraud,” Steinhafel said.Target has not said how the breach occurred or how long it knew about the breach before eliminating the problem.The U.S. Secret Service is reportedly investigating the incident.Long Island is home to 14 Target stores, four in Nassau County—Hicksville, Levittwon, Valley Stream, Westbury—and 10 in Suffolk—Bay Shore, Central Islip, two in Commack, Copiague, Farmingdale, Huntington Station, Medford, Riverhead, South Setauket.last_img read more

Cat and dog marketing: Don’t do it!

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Bo McDonaldQuick! Think fast—what is the first word that comes to mind when you see the following?Yes—Black—Hot—Salt—Cat—For 99.9% of you, your answers were No, White, Cold, Pepper, and Dog. What else could you choose?That’s the problem…associations such as our cat and your dog are often how credit union marketing (and, really, marketing in general) goes today. We take the most obvious angle for one of two reasons: It’s either safe or it’s easy. Or it is both. There’s really nothing wrong with either path; they’re just obvious, common and predictable.We can do cat & dog marketing in our sleep. It doesn’t cost much and it feels safe but it won’t make any waves.We need auto loans. So we whip out the stock photo of the lady with the pretty smile, dangling a set of keys out of a car window and we wait. continue reading »last_img

ABA asks full appeals court to void NCUA’s Field of Membership rule

first_imgThe American Bankers Association is asking the full U.S. Circuit Court of Appeals for the District of Columbia to overturn a panel’s decision that the NCUA had the power to expand its Field of Membership rules.A three-judge panel of appeals court judges said, in dismissing much of the ABA’s challenge of the rule, that the agency did not violate federal law when it allowed an expansion of those rules.In that ruling, the judges said that the NCUA has broad authority in issuing rules governing fields of membership.However, the court also ruled that the NCUA must better explain the part of its rule stating that credit unions may serve core-based statistical areas without serving the area’s urban core. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img

Mach-1 Racing Solutions renews title sponsorship of IMCA Sport Compacts

first_imgABBOTT, Texas – The Texas company synonymous with IMCA’s Sport Compact division returns in 2018 for an eighth consecutive season as title sponsor of the 4-cylinder class.Mach-1 Racing Solutions, owned by Gary Mach and located in Abbott, provides a portion of the $1,000 point fund to be paid to top 10 drivers in final national standings for the Sport Compacts again this season.Mach-1 began giving Sport Compact contingencies in 2009 and became the division’s first title sponsor in 2011.“IMCA provides an entry level racing experience at an affordable price,” said Mach. “The IMCA Sport Compacts allow a racing experience to be birthed for a future racing vision.”Sport Compact champions were crowned at 47 tracks, in two special series and in 10 states last season. Dil­lon Richards of Beatrice, Neb., won the national championship while Dakota Dees of Weatherford battled the heavy hitters in Texas en route to earning national rookie of the year honors.All drivers in the division are required to display two Mach-1 decals on their race car to be eligible for point fund shares. That decal will be included in the packet they receive after purchasing their 2018 competitor’s license.More information about Mach-1 support and consulting services is available by calling 254 537-3040, by email at [email protected] and at the website.“Mach-1 continues to be the one title sponsor our Sport Compact division has seen and embraces that role,” IMCA Marketing Director Kevin Yoder commented. “We appreciate their continued support of IMCA racing.”last_img read more

Bayern Munich squander two-goal lead as Juventus keep tie alive

first_imgBayern Munich squandered a dominant position as Juventus recovered from two goals down to draw 2-2 and give themselves hope in their Champions League last-16 tie.Goals from Thomas Muller and Robert Lewandowski had put Pep Guardiola’s side into a commanding position at the Juventus Stadium on Tuesday night, but second half strikes from Paulo Dybala and substitute Stefano Sturaro enabled Max Allegri’s men to restore parity in a game that had started to look like it was slipping out of their grasp.Bayern, despite naming a starting line-up without a recognised centre-back, made much of the early running and it was little surprise when they took the lead shortly before half-time through the clinical Muller.And the visitors’ control of the tie looked to be absolute as Robben scored the most Robben goal of all time to put Bayern 2-0 up early in the second half.But Juventus are a quality outfit and weren’t willing to go down without a fight.A Paul Pogba assist for Dybala pulled Juve back into the game and as the game wore on the unfamiliarity of the Munich backline began to show, with Juventus able to take advantage. Pogba had become increasingly involved as the game went on, drifting in from his position out on the left wing, but it was substititute Alvaro Morata who produced the crucial cross just moments after his arrival on to the pitch, putting it on a plate for Stefano Sturaro.Two away goals for Bayern gives them the edge in the tie, but Juve will take great encouragement from their second half showing – particularly the extent to which their star-studded forward line was able to rattle the German defence.It’s all to play for in the second leg.–Follow Joy Sports on Twitter: @JoySportsGH. Our hashtag is #JoySportslast_img read more

Officials: Man Exposed Himself to Online Central Florida Class

first_imgSchool officials in Central Florida say a man exposed himself to students after hacking into an online class being held by a public school.Orange County Public Schools in Orlando told its teachers in a letter Thursday that the man had gained unauthorized access to the Zoom video conferencing lesson and exposed himself to the class.The document encouraged teachers to use the “waiting room” function in Zoom, which allows the host to control when a participant joins a meeting.A message was also sent to the parents of the eighth grade students at Wolf Lake Middle School who were affected.The Apopka Police Department has not said if a suspect has been identified, but told an Orlando television station that no arrests have been made.“Zoom is not a district supported application and the district has strongly encouraged teachers to use district supported applications such as Big Blue Button and Canvas for their video conferencing needs,” an Orange County spokesperson said.As with many school districts around the country, Orange County is conducting online classes due to the coronavirus pandemic.last_img read more

Adopt-A-Pet Dog of the Week

first_imgFacebook8Tweet0Pin0Submitted by Adopt-A-Pet of SheltonThis lovely young girl is Coco. She is a 3 year old Pit mix who is super sweet. She has been spayed, is current on her vaccinations and is now ready to find her forever home. Coco is a very loving and gentle girl who loves kids of all ages. She prefers a home with no other dogs or cats so she can enjoy all your love and attention.Coco enjoys snuggling up in bed and likes to sleep under the blankets. She is always ready to go for car rides and leisurely walks on sunny days. Her previous owner says she does not like being in the rain! She is the perfect companion dog who is happy to travel with you or just snuggle up by your feet at home. Coco usually only barks when someone comes to the house or knocks on the door. She is a good watchdog who will alert you when someone is around. You can see Coco’s video on our PetFinder page.We have many great dogs and always need volunteers.  To see all our current dogs, visit , our Facebook at “Adopt-A-Pet of Shelton Washington” or at the shelter on Jensen Road in Shelton. Contact us at [email protected] or (360) 432-3091.last_img read more