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home : news : regional February 26, 2015

Vt. to juggle money to help St. Albans firm

MONTPELIER, Vt. (AP) -- The administration of Vermont Gov. Peter Shumlin is pushing a plan to move $5.5 million in the state budget to provide financing to help a St. Albans manufacturer expand.

Commerce and Community Development Secretary Lawrence Miller says the plan is to move $5.5 million temporarily from the state corrections budget to provide financing for a project to aid Mylan Technologies in its plan to expand in downtown St. Albans.

The state Emergency Board -- which can make budget changes when lawmakers aren't in session -- was to vote on the plan on Wednesday, with final approval expected from lawmakers when they return in January.

The plan is to allow Mylan to expand into the St. Albans state office building, and to have the state move to new quarters.


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