Mainebiz

30/07/2024

An effort to "ReCode" Portland's zoning is a good start, but guest columnist Tom Landry, a real estate broker and developer, suggests the changes could go further.

An effort to "ReCode" Portland's zoning is a good start, but guest columnist Tom Landry, a real estate broker and developer, suggests the changes could go further.

29/07/2024

An initial 10-year plan by the state for guiding Maine's electric utilities includes goals of improving the reliability and resilience of the power grid system in the face of climate change.

The goal is to establish a "cost-effective transition to a clean, affordable and reliable electric grid," said the chair of the Maine Public Utilities Commission.

29/07/2024

Dozens of Maine farms and small rural businesses are in line to receive $4.3 million in federal funding.

Recipients include Copper Tail Farm, a Waldoboro goat dairy operation that will receive funding to install a roof-mounted solar photovoltaic system.

29/07/2024

In the eight months since it began, Maine's legalized sports gambling market has seen some big action.

Gambling on athletics has now been happening legally in Maine for over eight months. While the payout may be encouraging for some, the long-term results are anyone's bet.

29/07/2024

Hundreds of people attended the christening of the U.S. Navy’s latest guided missile destroyer at General Dynamics Bath Iron Works on Saturday.

Hundreds of people attended the christening of the U.S. Navy’s latest guided missile destroyer. Nearby, dozens of protesters objected to the ceremony and nine were arrested.

29/07/2024

Avesta Housing President and CEO has been appointed to a three-year term on the New England Community Development Advisory Council of the Federal Reserve Bank of Boston.

Rebecca Hatfield, president and CEO of Portland-based Avesta Housing, has been appointed to a three-year term on the New England Community Development Advisory Council of the Boston Fed.

29/07/2024

First Bancorp said earnings for the second quarter increased 2.5% and earnings per diluted share were up 2.4%.

Damariscotta-based First Bancorp said earnings for the second quarter increased 2.5% and earnings per diluted share were up 2.4%.

29/07/2024

Hear from Matthew O'Malia of Timberhp at the Mainebiz Small Business forum! Learn more and register today.
https://ow.ly/WNxB50SKqjO

🗓️~ August 7th
⏰~ 7:30-10:30am
📍~ Hilton Garden Inn- Freeport Maine

Sponsored by: Northeast Delta Dental , Richard Brothers Financial Advisors , Maine Savings

29/07/2024

Writing for the annual Mainebiz Senior Smart publication, guest columnist Laura McHugh of Spinnaker Trust highlights five steps for long-term financial planning.

Writing for the annual Mainebiz Senior Smart publication, guest columnist Laura McHugh of Spinnaker Trust highlights five steps for long-term financial planning.

27/07/2024

With a prospective aerospace tenant in place at the Loring Commerce Centre’s Arch Hangar, the massive facility is in line for a proposed $2 million in Congressionally Directed Spending for renovations.

When completed inn 1949, the 126,000-square-foot building was the largest arch roof structure in the country, capable of servicing two B-36 bombers simultaneously.

26/07/2024

Mainebiz caught up with Kelly Enberg, the entrepreneur, to find out more about the business she runs from her home in Casco.

Kelly Enberg founded LunaPro Nonprofit Consulting to help clients getting started or seeking to expand in the sector.

26/07/2024

Psssst — keep the news to yourself! A hideaway of a restaurant will open its doors, just a crack, in Portland on Aug.6.

A hideaway of a restaurant will open in the site of the former Old Port Tavern, a popular hangout in Portland for 50 years before closing in 2022.

26/07/2024

The federal government said Thursday it will award $69 million to a Maine initiative aimed at making the state’s coast more resilient to climate change and other hazards.

Maine is on the front lines of the climate crisis, and federal officials say the state's working waterfronts bear the brunt of climate dangers.

26/07/2024

In two weeks, Mainebiz will bring together a panel of small business owners and entrepreneurs to explore a variety of challenges facing small businesses and startups. Panelists will provide their experience and expertise to help executives work through and solve complex issues. Join us for this insightful event where we tackle the issues that keep entrepreneurs up at night.

✨This year's Topic: Unlocking Success: Navigating the Top Concerns for Small Businesses✨

https://ow.ly/Km1e50SIzxJ

Sponsored by: Northeast Delta Dental , Maine Savings , Richard Brothers Financial Advisors

26/07/2024

TD Bank, the bank with the largest market share in Maine, plans to close one of its three branches in Bangor toward the end of this summer.

The closure of the branch, in Bangor, follows the shut-down of two others earlier this month.

26/07/2024

SMRT Architects & Engineers said this week it has promoted Lura Wade to lead the newly relocated Bangor office.

SMRT Architects & Engineers recently moved to larger space in the Queen City.

26/07/2024

As Mainebiz looks back at its 30-year history, we reflect on the early coverage of the Great Recession of 2008-09.

As Mainebiz looks back at its 30-year history, we reflect on the early coverage of the Great Recession of 2008-09.

26/07/2024

Norway Savings Bank has promoted Penny Anderson to assistant vice president and market manager for its two branches in Brunswick and Topsham.

Norway Savings Bank has promoted Penny Anderson to assistant vice president and market manager for its two branches in Brunswick and Topsham.

26/07/2024

A roundup of construction news from around Maine includes Tyler Technologies, Inc. new Orono office space, an Avesta Housing site in Scarborough and HOMETOWN Health Center’s future site in Palmyra.

A roundup of construction news from around Maine includes Tyler Tech's new Orono office space, an Avesta Housing site in Scarborough and Hometown Health Center’s future site in Palmyra.

25/07/2024

Another aquaculture-related facility is on the drawing board at the University of Maine.

Students will work on systems that resemble high-production facilities. It’s estimated the aquaculture sector will need 1,300 additional employees in the next 15 years.

25/07/2024

JetBlue is adding nonstop flights this fall between Portland and Orlando, Fla.

The service will start Oct. 28 and operate on Mondays, Wednesdays and Saturdays through the winter.

25/07/2024

Over the last four quarters, the Portland-based financial technology services provider has surpassed consensus earnings per share estimates three times.

Over the last four quarters, the Portland-based financial technology services provider has surpassed consensus earnings per share estimates three times.

25/07/2024

Ferry cancellations, largely due to understaffing, are disrupting life on Maine’s unbridged islands, where residents are missing mainland appointments and activities and businesses aren't receiving deliveries on time.

Ferry cancellations are disrupting life on Maine’s unbridged islands. Challenges to hiring and retaining crew include rates of pay and meeting licensing requirements. But DOT said it's addressing the situation.

25/07/2024

After setting a torrid pace in the past three years, southern Maine's industrial real estate market is starting to stabilize.

The report, from Justin Lamontagne of the Dunham Group, shows that after record years the southern Maine industrial real estate market is starting to stabilize.

25/07/2024

Camden National Corp. has promoted Kim Vieira from commercial banking market manager to Community Reinvestment Act officer.

Kim Vieira has been promoted to the position of Community Reinvestment Act officer.

25/07/2024

Join us in 2 weeks for the Mainebiz Small Business Forum! Mainebiz brings together a panel of small business owners and entrepreneurs to explore a variety of challenges facing small businesses and startups. Panelists will provide their experience and expertise to help companies work through and solve complex issues.

✨This year's Topic: Unlocking Success: Navigating the Top Concerns for Small Businesses✨

Join us for an insightful event where we tackle the top 5 issues that keep entrepreneurs up at night.
https://ow.ly/u3pO50SzJ5h

25/07/2024

Katahdin Bankshares Corp. (OTCQX: KTHN), the Houlton-headquartered parent of Katahdin Trust Co., on Monday reported second-quarter earnings.

Katahdin Bankshares Corp., the Houlton-headquartered parent of Katahdin Trust Co., on Monday reported second-quarter earnings of $2 million or 63 cents per share.

25/07/2024

A proposal is in the works to temporarily block an increase in the minimum size of lobsters that can be caught in the Gulf of Maine.

A delay is proposed for the upcoming gauge increase until regulators work with fishermen to reconsider stock data and the market effects of the change.

24/07/2024

Aroma Joe's Coffee has been on an expansion spree over the past couple of years. Read more in the latest edition of Mainebiz.

The fast-growing coffee shop chain and its franchisees are always looking for new locations. The successful sites meet a special brew of criteria.

24/07/2024

Hollywood is 3,000 miles from Maine, but seems to be getting a little closer. https://ow.ly/EEeB50SJqaZ

A slew of film festivals and special shows will be available to Maine cinephiles in the coming weeks.