New round of capital investment grants will help renovate the Bogner building

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NEWPORT — Gov. Phil Scott announced yesterday that $3.5 million in grants will fund nonprofits and businesses around Vermont, of which $232,468 will benefit the city of Newport.

The money will go to the Northeast Kingdom Development Corporation to help renovate the vacant property known as the “Bogner Building.”

“The Northeast Kingdom Development Corp. is pleased to assist the city of Newport’s local recovery efforts through the purchase and redevelopment of the former Bogner/AnC Bio property,” Board Member and Northeastern Vermont Development Association Executive Director Dave Snedeker said.

The project’s goal is to return the vacant manufacturing facility to productive use and accommodate Track, Inc.

Track, Inc. is a growing trail-grooming and off-road equipment business based in Newport.

The Fairbanks Museum & Planetarium in St. Johnsbury is also set to receive $413,921.

That money will go to renovate and expand the facility, including a new ground source geothermal heating and cooling system.

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