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.MORE IN Vermont NewsJames Jeffords called it his “first vivid memory.” It was just before Christmas 1939. Full Story
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