Ivy Computer Expands Waterbury Center

Ivy Computer Expands Waterbury Center

From left: Jimmy Stewart, CEO, VT Economic Development Corporation;
Jessica Cook, Director of Finance and Human Resources, Ivy Computer;
Bill Shepeluk, City Manager of Waterbury; George Pearce, President, Ivy Computer;
Joanne Goldstein, Commissioner of the Vermont Department of Economic Development;
John Henley, Administration and Facilities Manager – Ivy Computer;
Michael Caine, Vice President of Vermont’s Council for Economic Progress;
Theresa Wood, Waterbury Legislative Representative

Vermont Business Magazine On September 14, Ivy Computer hosted a groundbreaking event to celebrate the expected construction of a new 22,000-square-foot office building on the current campus. The ceremony was attended by representatives from several government agencies, including Vermont Department of Economic Development Commissioner Joan Goldstein and Jimmy Stewart, executive director of the Vermont Foundation for Economic Development.

Founded in 1986, Ivy Computer produces software tools for the garbage transportation industry, most notably a business management product (Trash Flow) and a money processing platform (Trash Billing). Ivy’s continued strong growth has allowed the company to steadily increase hiring, and staff increases dictate the need for more room to accommodate this growth.

George Pearce, President of Ivy Computer, said in his remarks, β€œ…the air is full of new ideas and dreams for the company as a whole, and as it pursues these dreams, the company will continue to grow. This new building will be powered by the sun, with thermo-climate heating and cooling, and without fossil fuels. .well insulated with plenty of natural light.”

Participation in the Vermont Employment Growth Initiative (VEGI), a program organized by the Vermont Foundation for Economic Development, will enable this project to proceed further in the near term than originally anticipated. The VEGI program provides financial assistance to companies that are approved to earn incentives and that meet performance requirements.

“Vermont has proven to be a great incubator for technology companies that create meaningful jobs and opportunities in communities across the state,” Commissioner Goldstein commented. She continued, “With VEGI’s support, 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.”

β€œAt Ivy Computer, we are very proud to be part of the VEGI program, and we are dedicated to continuing to grow our company while being part of a positive contribution to Vermont’s economy. Our current staffing number is expected to approach of 61 employees out of 100 by 2025, and the new building is sure to boost our productivity.”

Ivy Computer has been ranked among the “Best Places to Work in Vermont” for the past four years, in Vermont Business Magazine’s annual surveys of current employee respondents.

For more information about Ivy Computer, please visit: https://www.ivycomputer.com/

Waterbury Centre, VT – September 14, Ivy Computer

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