Learn more about relocating or expanding to Vermont

Vermont business climate, manufacturer incentives, and advantages of VT communities

Relocate or Expand to Vermont - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Vermont business climate, manufacturer incentives, and advantages of VT communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Vermont Business Data*


Population: 621,760
Total Labor Force: 351,200
Unemployment Rate: 3.3%
Number of Manufacturers: 1,360
Manufacturing Jobs: 40,886
Right to Work: No
Unemp. Ins. Tax: 1.38.4%
Corporate Income Tax:
Graduated: 6% on $0-10,000; 7% on $10,001-25,000; 8.5% on $25,001 and up.

Sales Tax:
6%. Exemptions include: Electricity, oil, gas and other fuels for manufacturing; property that becomes a part of a manufactured product for sale. Certain packaging and shipping materials used by a manufacturer or distributor.

Property Tax:
Property is assessed at the local municipal level by local assessing officials (listers). Property is designated as either homestead or non-residential. A state education tax is levied on these two classes of property at different rates.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
17% Electronic and other electric equipment
13% Food and kindred products
9% Industrial machinery and equipment
8% Lumber and wood products
7% Printing and publishing

Largest Manufacturing Establishments:
(by number of employees)
IBM Corp., Systems & Technology Group (Essex Junction) - 5,000
GE Healthcare (Burlington) - 825
United Technologies Aerospace Systems (Vergennes) - 800
Mack Group, Inc. (Arlington) - 660
Dealer Dot Com, Inc. (Burlington) - 650
Counties with the Most Manufacturing Jobs:
Chittenden - 18,617
Washington - 4,181
Rutland - 4,172
Windham - 4,071
Windsor - 3,826

Cities with the Most Manufacturing Jobs:
Essex Junction - 6,275
Burlington - 3,725
Brattleboro - 2,901
South Burlington - 2,127
Williston - 1,931

Manufacturing Related Business Incentives:
Micro Business Development Program (MBDP)
Vermont Global Trade Partnership (VGTP)
Machinery & Equipment Tax Credit
Vermont Seed Capital Fund
Vermont Employment Growth Incentive (VEGI) Program
Economic Advancement Tax Incentive Program
Procurement Assistance
Research & Development Tax Credit

Looking to reach Vermont manufacturers? Access the Vermont Manufacturers Database compiled by MNI.

*Manufacturing stats updated on 6/20/2014. All other stats updated on 6/20/2014. Listings updated on 8/29/2014.

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