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Rutland Economic Development Corporation Highlights Award Winners at 72nd Annual Meeting

Rutland Economic Development Corporation’s (REDC) 72nd Annual Meeting will be held at 12:00 Noon on Thursday, November 12, 2009, at South Station Restaurant. Peter Giancola of Giancola Construction Corporation is being awarded REDC’s “Member of the Year”. “We are recognizing Pete for his many years of service to REDC”, stated James Stewart, Executive Director of REDC. “Pete played a critical role in managing the build out of the Rutland Airport Business Park, which is nearing completion after more than twenty five years. His countless hours to the organization through his tenure as an officer and support of REDC’s operations over the past decade are very much appreciated and do not go unnoticed.” Peter has followed his parent’s, Joe and Barbara Giancola, example in his volunteer services for the support of the Rutland Region.

Two “Business Excellence” awards will be awarded to Central Vermont Eye Care and Vermont Wood Pellet Company. Stewart stated, “These two businesses are assets to the Rutland region. They are examples of the high quality of employers we have in the Rutland area who, even in these difficult economic times, have been able to create new high wage jobs.”

Central Vermont Eye Care is being recognized for job creation, hi-tech services and its new green building. CVEC has built a new facility located at 69 Allen Street in Rutland which opened in June, 2009 and is awaiting LEED (Leadership in Energy and Environmental Design) certification by keeping the construction and maintenance as “green” and environmentally friendly as possible. CVEC has a staff of 8 and have plans to hire more in the coming year. Dr. Praveen Keshava stated, “Since moving to our building, we have been able to implement the latest diagnostic and treatment tools used in my field. We now offer high-tech lens implant surgery to all our patients, and we're the first practice in Rutland to do so. These lens implants represent the forefront in cataract surgery. We plan on offering advanced custom laser vision correction surgery in the first quarter of 2010. We will be utilizing the world's best technology...it's the same laser platform that NASA uses for its pilots! The facility also has a full-service optical dispensary onsite – VT Optical, as well as Optometrist Christina Huth.

Vermont Wood Pellet Company is being recognized for job creation and its green initiatives. Vermont Wood Pellet Company is the first operating wood pellet manufacturer in Vermont. The company produces premium high BTU wood pellets at competitive prices. Vermont Wood Pellet Company was started by Katie Adams and partner Chris Brooks and the company has grown to fifteen employees. “All logs are harvested from local Vermont woodlots, are processed locally and the pellets are distributed for sale locally. ‘Now Vermonters can truly Heat Local’, stated Adams.”

Help us honor our award winners - the public is invited to attend. The price is $25.00 per person and RSVP is required by Monday, November 9, 2009. For more information please call REDC at 802-773-9147 or email info@rutlandeconomy.com.

REDC is a private, not-for-profit whose mission is to encourage and enhance business success in Rutland County. It offers assistance in areas such as financing, site location, business expansion, business recruitment, business counseling by the Small Business Development Center (VtSBDC), and more.
REDC • 112 Quality Lane • Rutland, VT 05701 • Ph: 802.773.9147 • Fax: 802.773.8009
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©2011, Rutland Economic Development Corporation
An Equal Opportunity Employer • An Equal Opportunity Lender

Photo: © Jerry LeBlond/Downtown Rutland Partnership