first_imgThe Vermont Economic Progress Council authorized $8.3 million in incentives under the Vermont Employment Growth Incentive (VEGI) program in 2011, which will encourage the creation of 988 new jobs in Vermont. The Vermont Economic Progress Council met throughout the year to review and authorize the incentives. No incentives are paid when the companies are authorized. The authorization means that the companies met statutory requirements to be authorized to earn a certain level of incentives. Overall, these projects will create 988 new jobs and about $40 million in new payroll for Vermonters, and the companies will make $302 million in capital investments in Vermont, between 2011and 2015. The jobs must be new, full-time, permanent, non-owners, and pay more than 160 percent of the Vermont Minimum Wage (about $13.04/hour) and provide benefits.  ‘In the end, there are well-paying jobs with benefits for Vermonters, there is investment in new facilities and machinery and equipment to keep Vermonters competitive, and there is $8 million in new tax revenues to support other state programs,’ said Lawrence Miller, Vermont’s secretary of Commerce and Community Development. To earn the incentives, authorized companies must meet payroll, employment and capital investment performance requirements each year between 2011 and 2015. If earned, the incentives would pay out to the companies over nine years between 2012 and 2020, only if the performance requirements are maintained. The Council approved the applications after reviewing nine ‘quality control’ program guidelines and applying a rigorous cost-benefit analysis that calculates the level of new tax revenue a project will generate for the state. The model estimates that the economic activity approved will generate $7.7 million in new tax revenue, even after payment of the incentives.The Council also determined that these projects would not occur or would occur in a significantly different and less desirable manner (the ‘but for’ test) if not for the incentives being authorized. ‘We determined that these projects would not have occurred in Vermont or would have occurred in a way that generated far fewer tax dollars,’ said Stephan Morse, VEPC Chairman. ‘Instead, the projects will occur and if the companies meet their performance requirements, they will generate enough new tax revenue to the state to pay the incentives that are earned and still generate almost $8 million in new tax revenue for Vermont.’ Included in the $8.3 million authorized were incentives totaling about $1.7 million in ‘Green’ VEGI incentives for companies that will create jobs in environmental technology sectors. These companies plan to develop and produce recyclable or biodegradable containers, develop and operate an integrated energy/food production facility; produce energy efficient turbo-machinery, and build a wind testing facility. The following is a list of those companies authorized for VEGI incentives in 2011: NAME                                                                        LOCATION                           AMOUNTALPLA, Inc                                                    Essex                                        $654,438Bariatrix Nutrition Corp                                 Georgia                                     $135,653eCorporate English, Ltd                                 Middlebury                               $464,731WCW, Inc.                                                      Manchester                               $512,449Vermont Smoke and Cure                              Hinesburg                                 $156,913Carbon Harvest Energy                                  Burlington, Brattleboro            $568,913Concepts NREC                                             Wilder                                       $290,335SOH Wind Engineering, LLC                        Williston                                   $153,995Green Mountain Coffee Roasters                   Essex                                     $4,696,809Ellison Surface Technologies, Inc.                  Rutland                                     $688,462Total:                                                                                                             $8,322,698 The Vermont Economic Progress Council is an independent board consisting of nine Vermont citizens appointed by the governor, and two members appointed by the House of Representatives and the Senate, 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:http://thinkvermont.com/Programs/VEPC/tabid/124/default.aspx(link is external) VEPC 12.21.2011last_img read more


first_imgThe highly-touted young Kiwi can play back row or centre and showed off his silky ball skills in a tight 16-12 loss to the Dragons last Saturday with a lovely pass to create Michael Chee Kam’s maiden NRL try – and set up a grandstand finale with the fast-finishing Tigers falling just short of knocking off the third-placed Dragons.Speaking to NRL.com after the game, Marsters said while he’s been playing 80 minutes as a centre in reserve grade he’ll take whatever chance coach Ivan Cleary affords him in the top squad.”As a kid you always want to make your NRL debut. That was one of my goals. I really enjoyed it out there and just want to build on the performance,” Marsters said.After Cleary pulled him aside at training last Wednesday to inform him of his impending debut, Marsters said he rang around whatever family he could to get together so he could tell them at the same time. Some flew over from New Zealand to watch his debut.”I rang all my family members to tell them to come home, got them in a bunch and let them know and they were all pretty excited for me,” he said.”I had some family fly over from New Zealand to come watch me play; that was pretty important for me.”It was pretty tough, it was pretty fast out there but the boys stuck with me, they were talking to me on the edge and I sort of found my rhythm.”Hopefully if I get the chance to play next week I take it with two hands.”An early hamstring injury to veteran back-rower Chris Lawrence meant Marsters was called on to play more minutes than he would have expected, eventually finishing with 13 tackles, 88 running metres and a try assist in 43 minutes on field.”I want to build my minutes, I want to be able to play 80,” Marsters said.”Chris Lawrence, it’s a sad thing for him to go down like that but I want to knuckle down and get better as a player.”I’ve been playing centre in [the Intrust Super Premiership], I haven’t played back row for a while but I’ll play anywhere Ivan wants me to play. There’s an opportunity there for me to play back row so I want to take it with both hands and see where it goes.”I don’t mind, either way, Ivan knows what’s going on, I just want to perform for him.”And the magic ball to Chee Kam?”He was calling for it, I should have gone open but I heard him calling so I gave him the ball and he scored a pretty good try,” Marsters smiled.Photo by:  Robb Cox. Copyright: NRL Photos. (Wests Tigers rookie Esan Marsters impressed on debut against the Dragons).last_img read more


first_img– Advertisement -Police say two adult males and two adult females were arrested at the residence. Charges are pending. According to RCMP, numerous items of stolen mail from Grande Prairie and surrounding area were located in the residence. The search also resulted in the discovery of a forgery operation.  GRANDE PRAIRIE, A.B. – As a result of a recent investigation focussed on mail theft and possession of stolen property, the Grande Prairie Drug Unit and general duty members executed a search warrant at a residence in Grande Prairie on December 19.center_img The following items were seized: personal government identification, cheque books, personal documents, as well as forged identification, cheques, and blank credit cards. last_img read more