Anc Bio Vermont Finally Breaks Ground on Plant That Will House at Least 400 Employees

MONTPELIER, VT. — Following several delays, developers expect to break ground in May on a new biotechnology plant in Newport that is largely funded by foreign investors and slated to create at least 400 jobs.

AnC Bio Vermont is part of a years-long economic development initiative in northern Vermont led by Jay Peak Resort President Bill Stenger and partner Ariel Quiros that includes expanding Jay Peak and Burke Mountain ski resorts, rebuilding a downtown block and building a waterfront hotel.

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