Today, Nov. 29, is Giving Tuesday, and I invite you to think locally. By giving local, you contribute to the growth and improvement of the place you spend the most time in the world.
The Renaissance economic development man: Frank Cioffi and the GBIC vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.
SWANTON, Vt. The installation of a new $1 million state-of-the-art tubing extruder will be the first order of business following the H2O Innovation buyout of Leader Evaporator Co., a deal that closed on Thursday night during a ceremony at the Leader plant in Swanton. Paperwork was signed and champagne was flowing, as H2O became the new owners of the Leader Evaporator Co., which was founded in 1888 and reincorporated by a handful of prominent sugarmaking families as exclusive stockholders in 1964. Meanwhile, H2O Innovation is a publicly traded company from Quebec City, Que. with a $250 million market capitalization with ambitions to significantly grow the maple side of its water purification business. Rock Gaulin will run the operation in the U.S., officials said. Heading up the sales force in Swanton for the new H2O Innovation/Leader hybrid will be Kyle Lothian.