Vermont hopes to encourage aerospace cooperation with Quebec
Gov. Phil Scott and the state Chamber of Commerce are working together to encourage economic cooperation with the aerospace industry in Quebec and elsewhere by promoting state businesses that provide parts and services for the aerospace and aviation industries.
On Wednesday, Scott, a Republican, visited a trade show in Essex Junction, where businesses are trying to make connections with potential customers. He said the conference of 100 exhibitors from Quebec, Vermont and other New England states brought together buyers, suppliers and others who help create growth opportunities for Vermont businesses.
"Vermont is more than just our wonderful craft brews, the most wonderful cheeses in the world as well as the best-tasting maple syrup in the world," Scott said.
He said there are many high-technology, advanced-manufacturing and aerospace and aviation companies in Vermont that together contribute $3 billion a year to the state's economy.
Earlier this year, the Legislature passed a law exempting sales tax on aviation products.
Right now, there are about two dozen Vermont companies that can manufacture, repair and overhaul aviation equipment. The state is trying to attract more, said Chris Carrigan, the vice president for business development for the Vermont Chamber of Commerce.
"What we are really trying to do is transform Vermont into a supply chain hub," Carrigan said.