• Gov. touts bike apparel expansion
    July 09,2013
    • Email Article
    •  
    •  Print Article
     
    DERBY — Vermont Gov. Peter Shumlin says the expansion of a bicycle apparel company in Derby shows how the state is adding jobs in the Northeast Kingdom, traditionally the state’s most economically challenged region.

    Shumlin made the comments Monday at the groundbreaking in Derby for an $8 million expansion by the company Louis Garneau.

    Currently the company employs about 90 people in Newport.

    Once the expansion is complete in 2014 the company is expected to add another 10 employees to start and at least 10 more in the future.

    Shumlin said Louis Garneau, who is Canadian, was on a cycling team in Stowe years ago and he and his wife started a small cycling clothing manufacturing business in their garage.

    They later expanded in Newport and now they’re expanding again.
    • Email Article
    •  
    •  Print Article
    2 Comments
    MORE IN Vermont News
    A prominent member of the Republican Party says the GOP is about to get a major political... Full Story
    GOP leaders: Advocate Lisman running for governor
    Motorcyclist dead after crash in Vt. Full Story
    More Articles