Although less than a handful exceed the customary definitions of small businesses, Central Vermont's 25 largest employers provide one-fourth of the region's employment. The list is peppered with government, health care, education providers, and insurance companies.
The mix of public and private employers provides a relatively stable block of local employment.
The primary markets for the products of 11 of these largest employers are outside the state of Vermont. They generate wealth by bringing revenues from beyond the state's borders to provide employment here. Rock of Ages, Ben & Jerry's, colleges and ski areas trade in international markets.
National Life, Capital City Press and Vermont Mutual Insurance market throughout the country.
While government services and health care do not generate wealth for the state, they do import and retain regional revenues. Taxes from throughout Vermont provide state employment centered in Montpelier and Waterbury. The same is true of Blue Cross and Blue Shield insurance premiums and Central Vermont Medical Center, Washington Co. Mental Health, located in Berlin.
Health care facilities retain the community's wealth by providing services that would be purchased elsewhere if they were not available in the region.
The need for education as well as health care will increase in the years ahead, and therefore both public and private educational institutions are likely to continue to provide substantial employment.
As can be readily seen from the list of major employers, the region's employment is not put at risk during turmoil in any one industry. The diversity of products, services and companies provides protection against significant loss of employment in this group of large employers.
|Central Vermont Medical Center||
|National Life Group||
|Washington Co. Mental Health||
|Cabot Cooperative Creamery||
|Green Mountain Coffee Roasters||
|Blue Cross / Blue Shield||
|Community College of Vermont||
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