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$8.3 M approved for business projects in Vt.

The Burlington Free Press reports that the "Vermont Economic Development Authority (VEDA) has approved "more than $8.3 million in business development financing to support commercial, agricultural and small business projects throughout Vermont." Supported projects will include:

  • "Bolton Valley Resort, Bolton: Mountain Operations Development, LLC will invest in capital improvements at Bolton Valley Resort with $400,000 in VEDA-approved financing.
  • Hawkeye International, Ltd., North Hyde Park: To support the plans of an established California manufacturer to expand operations into Vermont.
  • Franklin County Industrial Development Corporation, St. Albans: $700,000 in VEDA financing related to the purchase of 93 acres adjacent to the St. Albans Town Industrial Park.
  • And Springfield Printing Corporation, North Springfield: More than $2.2 million in tax exempt industrial revenue bond to support a major equipment upgrade at the long-established printing facility."

Link to article

Posted on Tuesday, July 1, 2008 at 11:40AM by Registered CommenterVCF Staff | Comments Off