Elizabeth Robert, the company head, resigned from the board of Vermont's largest hospital, Fletcher Allen Health Care. In May, VTB agreed to be acquired by a Mustang-Group-led investment group for $6.50 a share. Factory and Retail Store By 1995, the company moved into its new headquarters in Vermont's Champlain Valley. The company had two factories: one in Shelburne and one in Newport. The Newport factory closed at the end of June 2010 while the Shelburne location remains the home of Vermont Teddy Bear. The Shelburne factory is an especially popular tourist destination, and also served as a concert site for the annual Vermont Mozart Festival. The company also maintained two retail locations in Vermont - Shelburne and Waterbury, however only the Shelburne store remains. They offer tours of their factory where they make over 750 jointed teddy bears every day. They have over 50,000 visitors every year. With the Vermont Cub Project created in 2017, every Vermonter four years of age can go to the Bear Shop in Shelburne and make a free Vermont Teddy Bear (up to $39.99) after getting a coupon through their website. If you visit the Vermont Teddy Bear factory, you can make your very own bear. With the help of a Bear Ambassador in the Make A Friend for Life room, there are lots of choices to be made. First, you can select a bear with any kind of fur that you like. Then you spin the special stuffing wheel to select what goes inside, ranging from magic to love and hugs. Once the Teddy Bear is stuffed just the way you want it, it gets sewn up and brushed. After the new bear is all finished a birth certificate is filled out. Product Lines Vermont Teddy Bear has a wide product range of over 300+ items, the most popular being the 15" Jointed Bears in honey color. The bears can also come in Buttercream, Vanilla, Black Licorice, Gray, Pink, as well as longer premium fur colors Maple, Espresso and Snow. VTB also has a wide range of outfits available for most occasions and events. They recently have started carrying a variety of other animals including sloths, monkeys, and even dragons. Every Vermont Teddy Bear is 100% unconditionally guaranteed for life. That means that if anything ever happens to your Bear you can send it to the Vermont Teddy Bear Factory and they will nurse