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Governor Announces Vermont Castings and New England Precision Expansions

first_imgGovernor Announces Vermont Castings and New England Precision ExpansionsVT Castings is second ‘Green VEGI’ applicantMontpelier, Vt. – Governor Jim Douglas was at Vermont Castings in Bethel Monday to announce that the wood stove manufacturer and another Vermont-grown company, New England Precision, will be expanding and could earn more than $700,000 worth of Vermont Employment Growth Incentives (VEGI) that could produce 88 new jobs in the Bethel and Randolph area over the next several years.VERMONT CASTINGS EXPANSIONGovernor Douglas highlighted a decision by Vermont Casting’s parent company, Monessen Hearth Systems Corporation, to send its Kentucky operations to Vermont.Governor Douglas said the Green VEGI incentives-a program offering increased incentives for businesses in sectors such as energy efficiency, energy conservation, and biomass to grow here and create good paying jobs-helped ensure that certain lines of manufacturing are relocated to Vermont Castings’ facilities instead of existing Monessen operations in Kentucky.”The type and quality of manufacturing done by Vermont castings qualifies their expansion for the enhanced Green VEGI initiative I included in the 15-point economic stimulus package we pushed through the Legislature this spring,” said Governor Douglas. “It is a great example of how innovative, pro-growth policies can strengthen our economy and help Vermont emerge from this national economic downturn with a stronger and more resilient economy.””With the incentive support the State of Vermont is offering our company we will be able to effectively relocate steel stove production to Vermont Castings along with adding automation to support new non-stove customers,” said Dale Trombley, General Manager of Vermont Castings. “This is exciting as it helps Vermont Castings diversify and provides growth opportunities for our current employees as well as adding many new jobs to our operation.”Vermont Castings, formerly a subsidiary of CFM Inc., has manufactured wood stoves in Bethel and Randolph since 1975. Monessen Hearth Systems Corporation recently acquired Vermont Castings and other CFM, Inc. assets. Monessen is consolidating all former CFM, Inc. operations and business lines and has closed plants in Indiana and Canada.NEW ENGLAND PRECISION EXPANSIONGovernor Douglas said VEGI incentives also helped to ensure that the jobs created by New England Precision are in Vermont.New England Precision is a full-service metal stamping contract manufacturer in Randolph. NEP makes small metal pieces for the automotive, medical, security, architectural hardware and other industries. The company was considering relocation to other locations like Pennsylvania and South Carolina. New England Precision was also considering a partnership with another Vermont company who recently expanded in Mexico.”New England Precision, Inc. is grateful to the Vermont Economic Progress Council for the authorization of incentives to expand our operations, and work force, at home in Vermont,” said Joe Holland, Treasurer of New England Precision, Inc. “As a result, we are now committed to growing and creating jobs in Vermont, and have declined similar offers from other states.”ABOUT THE INCENTIVESThe Vermont Economic Progress Council has given final approval for Vermont Castings of Bethel and Randolph to earn up to $488,000 worth of incentives if they add new employees and makes investments in the Vermont facilities. In addition, the Council gave final approval to an application from New England Precision to earn up to $241,236 of incentives to ensure an expansion of their manufacturing operation in Randolph instead of other possible locations under consideration.The Council approved the applications after reviewing nine guidelines and applying a rigorous cost-benefit analysis which showed that because of the economic activity that will be generated by these projects, even after payment of the incentives the State will realize a minimum net increase in revenues of $454,038.”These projects will create good new jobs in an area that has seen a substantial loss of employment recently,” said Karen L. Marshall, Chairwoman of the Vermont Economic Progress Council. “These approvals are examples of the kind of leverage this program can have on today’s business decisions, which are more and more about global competition, even for Vermont companies.The Council also determined that these projects would not occur or would occur in a significantly different and less desirable manner if not for the incentives being authorized.The Vermont Economic Progress Council is an independent board consisting of nine Vermont citizens appointed by the governor that considers applications to the state’s economic incentive programs. The Council is attached to the Vermont Agency of Commerce and Community Development, whose mission is to help Vermonters improve their quality of life and build strong communities.For more information, visit:www.thinkvermont.com/vepc(link is external)www.newenglandprecision.com(link is external)www.vermontcastings.com(link is external)###last_img read more

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‘Vikings’ crowned champion in Kalibo Ati-Atihan’s ‘sadsad’

first_imgVikings perform during the Kalibo Ati-Atihan Festival on Jan. 18. The group has bested six other local tribes in this year’s street dancing competition known as “sadsad” in the tribal big category. IAN PAUL CORDERO/PN The Vikings, which won its firstKalibo Ati-Atihan grand title in 2018, also copped two minor awards – best incostume and street dancing. Tribu Libtong Boys of BarangayEstancia, Kalibo ended up in third place, securing a P132,000 cash prize. Tribe leader Hark Tesorerom steeredthe Vikings to three straight championships during the Sto. Niño Ati-AtihanFestival in Makato town in 2020, 2019 and 2018.  “Taong 1967 nagsimulang sumali saSto. Niño Ati-Atihan ang BarangayDumga sa pamumuno ni barangay captainManuel Tamayo at ang aming tatay na siMasinito Tesorero Sr. na designer niya sa paggawa ng Ati-Atihan costume. Nag-solicit, nangaroling at nagpa-bayle sila upang makasali sa contest  atmakalikom ng pondo para sa Ati-Atihan costume at pambili ng mga drums,” Tesorero said. The Black Beauty Boys, from thevillage of Linabuan Norte, Kalibo, also won best beats and sounds award. BORACAY – A group known as Vikings hasbested six other local tribes in this year’s street dancing competition knownas “sadsad” in the tribal big category during the Kalibo Ati-Atihan Festival. The winners, including those in othercategories, were announced on Jan. 19 at the culmination of the festival. “Noong 2014, nagsimula kaming sumalisa Kalibo Ati-Atihan. At sa hanggangngayon ay nagsusumikap pa rin na mapaganda ang samahan ng aming grupo na maydisiplina at may panata sa Señor Sto. Niño at sa bayan,” he added.  Consolation prizes were given toPangawasan Tribe of Barangay Cayangwan, Makato and Maharlika Tribe of Dumga,Makato. They each received P49,500 cash. The Ati-Atihan is held every thirdweek of January. It is among the most sought-after festivals not only inWestern Visayas but in the entire country, the annual celebration gathersthousands of merrymakers in Aklan’s capital town of Kalibo.(With a report from Akean Forum/PN) The Vikings, from Barangay Dumga,Makato, Aklan, won a cash prize worth P275,000 after competing with other localtribes in Kalibo, Aklan on Jan. 18.  Meanwhile, the Black Beauty Boys – aperennial champion that had won eight of the last nine titles and a formerdefending champion – landed in second place, bringing home a P165,000 cashprize.  A total of 32 groups took part in thestreet dancing contests which started on Jan. 18. The D’Kamanggahan of BarangayPoblacion, Makato and Makulay of Barangay Estancia, Kalibo took home P33,000cash each.last_img read more

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NBA players show support for Trail Blazers’ Jusuf Nurkic following gruesome leg injury

first_imgThe Trail Blazers ultimately won a double-overtime thriller Monday night at the Moda Center, but they lost one of their most important players to a devastating injury.Portland center Jusuf Nurkic collapsed to the floor during the second overtime period against the Nets with what appeared to be a significant leg injury. Trail Blazers fans chanted Nurkic’s name as he was taken off the floor on a stretcher. (UPDATE: The Trail Blazers announced Nurkic suffered compound fractures to his left tibia and fibula. There is currently no timetable for his return.)Nurkic left the game with 32 points, 16 rebounds and five assists, and the Trail Blazers defeated the Nets by a final score of 148-144. The win secured a playoff berth for Portland, but the Blazers were understandably focused on Nurkic’s status after the game.Terry Stotts says Nurkic is at a local area hospital and doesn’t have much to say from there. Calls it “devastating” and described the locker room at “quiet.” Blazers clinched a playoff spot tonight by the way.— Royce Young (@royceyoung) March 26, 2019Players around the league quickly posted messages of support for Nurkic on Twitter, including fellow Blazers big man Enes Kanter.Prayers up for my brother @bosnianbeast27 🙏😔 pic.twitter.com/Xa6XtUIr0X— Enes Kanter (@Enes_Kanter) March 26, 2019Prayers to go out to @bosnianbeast27!!!! You hate to see injuries like that.. Health is bigger then basketball.. I know hell make a speedy recovery and come back better! 🙏🏽🙏🏽🙏🏽— Jared Dudley (@JaredDudley619) March 26, 2019🙏🏾 https://t.co/0lwJ46GS9l— Spencer Dinwiddie (@SDinwiddie_25) March 26, 2019get well soon big fella @bosnianbeast27— Blake Griffin (@blakegriffin23) March 26, 2019Prayers up for @bosnianbeast27 🙏🏽— Karl-Anthony Towns (@KarlTowns) March 26, 2019Nurkic🙏🏿— DeMarcus Cousins (@boogiecousins) March 26, 2019Damn… hate to see this. Get well soon big guy. #nurkic— Rudy Gobert (@rudygobert27) March 26, 2019Prayers up for Nurkic!!! 🙏🏾🙏🏾🙏🏾— Donovan Mitchell (@spidadmitchell) March 26, 2019Man!! Prayers to Nurkic…🙏🏾— DeMar DeRozan (@DeMar_DeRozan) March 26, 2019Nurkic 🙏🏽— Bradley Beal (@RealDealBeal23) March 26, 2019Hate this part of the game. Prayers up for Nurkic!— DWade (@DwyaneWade) March 26, 2019🙏🙏 nurkic!!— Luka Doncic (@luka7doncic) March 26, 2019Sending Prayers Nurkić…🙏🏽🙏🏽🙏🏽— Trae Young (@TheTraeYoung) March 26, 2019Damn man! Many Prayers up for Nurkic! 🙏🏽🙏🏽🙏🏽— Danny Green (@DGreen_14) March 26, 2019Prayers for Nurkic 🙏🏾🙏🏾— Buddy Love !!!! (@buddyhield) March 26, 2019last_img read more

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