Archive for March, 2011

National Life Group Names Don Messier as VP and Treasurer

Monday, March 28th, 2011

Montpelier, Vermont – Don Messier has been appointed Vice President and Treasurer for National Life Group. Messier began his career with the company in 2000 in the Financial Management Group. His strong business acumen and drive for results have been recognized time and again as he was promoted first to Director for Financial Analysis and subsequently 2nd Vice President for Financial Analysis and Reporting. In 2004, Messier took on the lead financial role within NLFA—the company’s career distribution channel—and in early 2005 was promoted to Vice President for Finance and Strategic Planning. Since 2006, Messier has also served as the financial officer for the broker-dealer, Equity Services, Inc. and his financial role expanded to include independent distribution in 2009.

Messier graduated from the University of Vermont in 1991 with his Bachelor’s degree in Business and Master’s in Business Administration in 1999. He is a Certified Public Accountant (CPA), a member of the Vermont Society of CPAs, and the American Institute of CPAs.   

Prior to joining National Life, Messier served as Assistant Vice President and Account Manager for Marsh Management Inc., and as a senior accountant for KPMG Peat Marwick.  

He lives in Essex Junction, Vermont with his wife and two children.
 

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Letter 10 Creative Earns 2011 WeddingWire Bride Choice Award

Friday, March 25th, 2011

Hinesburg, VTLetter 10 Creative, a graphic design and photography studio located in Hinesburg, VT has been selected by WeddingWire, a wedding review site, to receive a 2011 WeddingWire Bride’s Choice Award for wedding photography. Reviews and surveys from over 750,000 newlyweds determined this year’s awards. WeddingWire awards are given to the top 5% of wedding professionals in 20 service categories, based on achievements during the previous year.  

Letter10 Creative is a Vermont-based graphic design and photography studio owned by Jamie Proctor-Brassard. Letter10 specializes in environmentally sustainable print design and wedding, event, and lifestyle photography. Products and services are uniquely tailored and personalized to socially responsible businesses, couples, and families. Jamie’s flexible and dependable style meets the very specific needs of clients throughout Vermont and New England. More information is at www.Letter10Creative.com and www.Facebook.com/Letter10Creative.

 

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National Life Group Reports 2010 Financial Results

Thursday, March 24th, 2011

Operating Revenue of $1.7 Billion Sets New Company Record

Statutory Surplus Stands At $1.1 Billion

Insurance In Force of $62 Billion

Montpelier, VT — National Life Group today released its consolidated financial results for 2010, reporting a record high $1.74 billion in total revenue.

The company also announced that total assets under management grew $3 billion to $28.94 billion, that insurance in force increased roughly $2 billion to just over $62 billion, and that the company’s statutory surplus stood at $1.14 billion.

“We are in a strong financial position,” said CEO Mehran Assadi. “These numbers tell an impressive story, one of strong operating revenues and a healthy statutory surplus.”  

Assadi said the company fared well despite continued uncertainty in the economy. “Today’s economic climate has people looking for solutions to meet a lifetime of needs – and that’s what we offer,” he said.

The companies of National Life Group offer a broad range of financial products, including life insurance, annuities, and mutual funds, and financial solutions in the form of estate, business succession and retirement planning strategies.

The company’s 2010 results show increases over 2009 in total revenue, net income, total assets under management, insurance in force, statutory surplus, life insurance sales, and gross sales of mutual funds.

The 2010 net income of $122.4 million was an increase of 69 percent over 2009’s results.

“These numbers are impressive evidence that we emerged in excellent shape following the nation’s economic collapse of 2008 and 2009,” said Assadi.

As of December 31, 2010, National Life Group held $28.94 billion of assets under management and served in excess of 840,000 customers, with roughly 570,000 of those holding life insurance policies or annuity contracts and roughly 270,000 holding mutual fund accounts.

 

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Vergennes Real Estate Team Earns Top Honors

Tuesday, March 22nd, 2011

Vergennes, Vermont — CENTURY 21 Jack Associates recently announced that CENTURY 21 Real Estate LLC awarded The Lynn Jackson Group with the coveted CENTURION Team Award for their outstanding production in 2010.   Lynn Jackson has had the honor of receiving this award 11 times in the past 12 years. Current members of the team include Jackson, Susan Burdick and Danelle Birong.  

"The receipt of this award is a great honor for CENTURY 21 Jack Associates," stated owner Jack Russell.  "The hard work and diligence displayed by Lynn Jackson and her team are truly exemplary examples of the spirit guiding our company."  

In addition, The Lynn Jackson Group ranked 4th in overall production for all of Central New England by achieving nine million dollars in sales.   The group was also awarded the Quality Service Team Award for the third consecutive year for their commitment to professional excellence in customer service.   

"Receiving the Quality Service Award allows us to demonstrate even further to our clients that our commitment and dedication to their satisfaction and peace of mind during the real estate transaction is real and taken very seriously," said Jackson.

To learn more about Century 21 Jack Associates, The Lynn Jackson Group, visit www.lakechamplainrealtor.com, find them on Facebook at  www.facebook.com/LynnJacksonGroup or call 802-877-2134.

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The Northeast Kingdom Farm & Food Summit

Friday, March 18th, 2011

Please Register to Attend the Northeast Kingdom Farm & Food Summit being held Saturday, April 2, 2011 from 9:00 am – 4:00 pm at Lyndon State College in Lyndonville, Vermont. Registration is at http://nekfarmandfood.eventbrite.com/.   

A sampling of the scheduled workshops & information sessions include:

- Vermont Food Venture Center, Tom Sterns, High Mowing Seeds

- On Farm Safety Guidelines for Agritourism, Gloria Bruce, Northeast Kingdom Travel & Tourism Association; Alexandra Jump, Vermont AgrAbility Project; Kristen Mullins, Youth Farm Safety Coordinator – UVM Extension; Leo Larocque, Cooperative Insurance

- Vermont Farms! Association

- Vermont Fresh Network, Meghan Sheradin, Executive Director

- NEK Food Systems Session, Erica Campbell, Center for an Agricultural Economy; Heidi Krantz, Center for an Agricultural Economy

- Northeast Kingdom Food Distribution Systems – Green Mountain Farm Direct, Katherine Sims, Executive Director

- Fluid Goat Milk Producers Project, Gwyneth Harris

- Northeast Kingdom Tasting Center, Eleanor Leger, Eden Ice Cider

- Basic Realities to Consider Before You Start Farming, Dennis Kauppila, UVM Ext.; Dan Hudson, UVM Ext.; Ben Waterman, UVM Ext.

- Micro Dairy Farming Equipment & Concepts, Steve Judge & John McHugh, Bob White Systems

- On Site Composting, Tom Gilbert & Josh Kelly, High Fields Composting
- NEK Fiber, Round Table Discussion, Visioning & Strategic Planning

- Renewable Energy for Farming Operations, Benjamin Luce, Asst. Professor of Physics & Sustainability, Lyndon State College

- Diversification, Eric Paris, Tamerlane Farms

- Changing Agricultural Policy – How Ag. Policy is Cultivated, Robb Kidd, Rural Vermont

- Farm to Plate, Kit Perkins, Vermont Sustainable Jobs Fund
 
This event is free and includes lunch.  Registration is requested in advance in order to plan accordingly for food purposes and registration is nearing capacity so do not delay for this excellent combination of Vermont food and farm expertise. http://nekfarmandfood.eventbrite.com/

 

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Announcing the Vermont Farm Fund

Wednesday, March 16th, 2011

Craftsbury, VT — A new fund, organized by Pete’s Greens and the Center for an Agricultural Economy (CAE), aimed to help Vermont agricultural organizations, is on the fast track to becoming a reality. Pete Johnson, owner of Pete’s Greens, and Monty Fischer, Executive Director of CAE met recently to outline the details to create the Vermont Farm Fund. Plans include the creation of an advisory board by the end of March and focusing the funding towards innovative and progressive agricultural efforts by Vermont farms, including support for farm-to-school initiatives, emergency farm relief and exploring the establishment of small farm loan funds.

“We are setting an aggressive pace to get the Vermont Farm Fund going so donations can be received immediately,” said Pete Johnson. “In addition, a few years from now, Pete’s Greens will begin to reinvest the money that was donated by the community to help us rebuild. We are committed to paying that money forward and to making sure that the funding donated to us will do more good work down the line.”

Pete’s Greens barn which housed its processing facility, equipment, supplies and food burned to the ground in mid-January. Since then the farm has received over $130,000 in donations as a result of statewide community efforts and individual donations, including a large online auction, a concert, local dinners and events. As donations began to roll in, Johnson and his staff embraced the spirit of supporting Vermont agriculture for which the donations were given and the idea to “pay it forward” was born. As a non-profit dedicated to supporting the efforts of small farms and progressive agricultural pursuits, the Center for an Agricultural Economy will house the fund and oversee the process.

Pete’s Greens is a four season organic vegetable farm located in Craftsbury, VT and owned by Peter Johnson. The farm’s top priority is growing a wide variety of crops to feed Vermonters year round. The weekly food delivery program Good Eats is based on the Community Supported Agriculture (CSA) model in which customers pay up front for vegetables and other farm products receiving a share each week. Shares at Pete’s Greens save members an average of 18% per week over retail prices. Pete’s Greens vegetables are also sold at regional stores and restaurants as well as local farmers’ markets. More information is available at www.PetesGreens.com.

The Center for an Agricultural Economy (CAE) is a non-profit organization based in Hardwick, VT that focuses on supporting a healthy, ecological and economical local food system, through community involvement and education as well as research and small agricultural business support. In the spring, CAE will operate the newly built
Vermont Food Venture Center, an incubator kitchen with a focus on value-added agricultural products. More information is available at www.HardwickAgriculture.org.

 

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Micro Dairy Farms Are Critical To the Survival of Vermont’s Dairy Culture

Wednesday, March 2nd, 2011

Vermont’s agricultural future as it pertains to dairy farming depends upon its ability to adjust to changing market realities and practice sustainable environmental management practices. Micro dairy farming offers one viable solution to producing farm fresh milk for local markets. Milk sold directly from the farm can limit production to match demand while, at the same time, allow micro dairy farmers to capture the full value of their milk.

An average micro dairy farm of four pasture grazing and relaxed cows can easily produce 20 gallons of milk a day – enough to supply 60 average families (or 180 people within a typical Vermont neighborhood community). 1000 micro dairy farms located throughout the Vermont landscape would each produce 6000 gallons of local milk per year for the communities where the cows actually live. Farmers selling milk directly from their farms at $7 per gallon will generate $42,000,000 in gross sales for the state. Approximately half of this revenue would go towards production costs while the other half could make an estimated $20,000 annual income. Managing a four cow micro dairy farm does not provide a full time income; however, it is also not a full time job. The amount of time required averages 16 hours per week which creates the opportunity for a micro dairy farmer to explore other products that compliment farmstead success such as produce, meat, poultry, composting, cheese production, and so forth.

In regards to Vermont’s environmental future, micro dairy farming does not involve significant levels of noise, pollution, or manure run-off. In addition, cows can be grass-fed, pasture-raised, and stress free which can result in longer, more productive lives. The average life span of a commercial dairy cow is 4.5 years, with only 2.5 being productive years. A humanely cared for cow on a micro dairy farm with proper access to sunlight, fresh air, and real grass and not being stressed for maximum milk production can live and produce milk up to three times more than a commercial cow.

Micro dairy farming is not the only solution in Vermont’s dairy industry future, but it is one that should not be ignored. If commercial dairy farmers who ship milk to wholesale markets are being paid approximately $1.67 per gallon of milk (compared to the suggested $7) and production costs can routinely run $1.90 per gallon, commercial dairy farmers can and do lose $.23 or more per gallon which is just bad for business! If, however, a micro dairy farmer can sell milk at $7, turning a profit of $3.60 per gallon as a part time job, the time is afforded to explore diversification on the farm or other means of developing income such as running a CSA.

While raw milk is currently viable in Vermont, micro dairy farmers should have the option to offer their customers the choice of raw and on-the-farm pasteurized milk. This would, without question, expand the potential market for farm fresh milk and increase the role of micro dairy farming in the Vermont agriculture renaissance. Rooted in the growing concern of where and how food is produced, the strengths in the buy local movement, our strong farmers markets, and farm-to-plate initiatives are programs and organizations such as Sterling College’s Sustainable Agricultural Program, Hardwick’s Center for an Agricultural Economy, Rural Vermont, and the Vermont Fresh Network.

It is time for local milk to fully join the renaissance and Vermont company, Bob-White Systems – the inventors and manufacturers of small-scale pasteurizers for farm direct milk pasteurization and affordable micro dairy equipment – are working around the clock to try to bring on-the-farm pasteurization solutions to market. Let’s keep Vermont’s working landscape a working one!

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