Sunday, August 9, 2009

GMCR Leaving VT?

Could Green Mountain Coffee be leaving Waterbury?


They could, if the rumors are true, but Ron Clausen tells the Burlington Free Press that he hopes they're not true. Clausen is the general manager of the Best western Waterbury-Stowe. He says Green Mountain Coffee Roasters Inc. is thinking about moving its hq out of the state. That came from a statement released last week by the Vermont Agency of Commerce and Community Development. They say job creation incentives are being worked up to try to get the company to stay. While Green Mountain Roasters said that it does not plan to move its headquarters, the agency's statement last week said it might move to Crittendon County. To keep Green Mountain here, the state has initially approved nearly 300 thousand dollars in incentives on top of one point eight million in Vermont gave the coffee roaster in 2007.