From left: Jamie Stewart, Executive Director, VT Economic Development Corporation;
Jessica Cook, Finance and Human Resources Manager at Ivy Computer;
Waterbury Town Manager Bill Shepeluk, Ivy Computer President George Pierce;
Joan Goldstein, Commissioner of the Vermont Department of Economic Development;
John Henle, Administration and Facilities Manager – Ivy Computer;
Michael Keane, vice chairman of the Vermont Council for Economic Progress;
Waterbury Legislative Representative Theresa Wood
Vermont Business Journal On September 14, Ivy Computer held a groundbreaking ceremony to celebrate the expected construction of a new 22,000-square-foot office building on its current campus. Representatives from several state agencies, including Vermont Economic Development Commissioner Joan Goldstein and Vermont Economic Development Corporation Executive Director Jamie Stewart, attended the celebration.
Founded in 1986, Ivy Computer is a producer of software tools specifically for the trash transportation industry, most notably business management products (Trash Flow) and currency processing platforms (Trash Billing). Ivy’s continued strong growth has allowed the company to steadily increase its hiring, and the increase in staff suggests more space is needed to accommodate this growth.
George Pierce, president of Ivy Computer, said in his remarks: “…the whole company is full of new ideas and dreams, and if you pursue those dreams, the company will continue to grow. This new building will be powered by solar energy, using climate-conscious Geothermal heating and cooling, and no fossil fuels. Well insulated and plenty of natural light.”
Participation in the Vermont Job Growth Initiative (VEGI), orchestrated by the Vermont Economic Development Corporation, will allow the project to move forward in a more near-term manner than initially anticipated. The VEGI program provides monetary assistance to businesses that have been approved for incentives and meet performance requirements.
Commissioner Goldstein commented, “Vermont has proven to be a great incubator for technology companies, creating meaningful jobs and opportunities for communities across the state.” She continued, “With the support of VEGI, Ivy Computer can build and Expand its headquarters and add more staff to take advantage of its need for additional space and capacity to grow its day-to-day business operations.”
“At Ivy Computer, we are proud to be a part of the VEGI program and we are committed to continuing to grow our company while making a positive contribution to Vermont’s economy. Our current workforce of 61 is expected to approach 100 by 2025 , our new building will definitely increase our productivity,” said Jessica Cook, Finance and Human Resources Manager at Ivy.
For the past four years, Ivy Computer has been named the “Best Place to Work in Vermont” in Vermont Business Journal’s annual poll of current employee participants.
For more information on Ivy Computer, please visit: https://www.ivycomputer.com/
Waterbury Center, VT – September 14, Ivy Computer
