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November 27, 2017 Edition
Focus on Banking & Finance

Equipment finance firms provide the capital that keeps Maine industry rolling

Laurie Schreiber

Financial institutions like Maine Financial Group in Scarborough and Machias Savings Bank have been instrumental in making growth possible for companies like J.D. Raymond Transport, which requires a lot of equipment to buy expensive loaders, excavators, grinders, trucks, trailers, bulldozers, harvesters, limbers and skidders.

  • How To's
    How To's

    How to: Avoid the high cost of a data breach

    Sterling Kozlowski

    In August, the Equifax data breach left more than 145 million Americans vulnerable to identity theft.

  • Opinion
    Opinion

    What about athenahealth?

    Randall Poulton, Winterport

    I have been reading Mainebiz for many years. Lately, I have been disappointed by not only the focus on southern Maine, but your general ignorance about “northern” Maine.

  • Focus on Banking & Finance
    Focus on Banking & Finance

    Small, independent registered investment advisers find a niche in Maine

    Maureen Milliken

    The number of registered investment advisers in the U.S. increased again in 2016, and their assets under management increased at an even higher rate. That trend is mirrored in Maine.

  • Focus on Banking & Finance
    Focus on Banking & Finance

    Thompson-Hamel of Presque Isle expands its footprint with new Bangor office

    Renee Cordes

    Presque Isle-based Thompson-Hamel expanded its footprint with a bigger office in Bangor this past October. The firm now serves more than 7,000 financial clients in 25 states, managing around $265 million in investment assets.

  • Ask ACE: Finding inspiration for marketing content

    Christopher Pagli, Above And Beyond Marketing Strategies

    Q: I am stuck for marketing content ideas. Where do you find inspiration for yours?

  • In Short
    In Short

    IN SHORT

    New hiresBar Harbor Bank & Trust hired Jason Simsay as vice president, information security officer.

Today's Poll

Does your company plan to add staff in the next 6 months?
Poll Description

Sponsored by Kennebunk Savings Bank

Next year will bring a host of new challenges for businesses looking to add employees to the payroll. 

Maine's Paid Family and Medical Leave law will go into effect, which will allow an employee to take paid leave for up to 12 weeks to care for an ill family member or new child, for instance.

The state's minimum wage will increase by 45 cents an hour, to $15.10 (a separate minimum wage provision was approved in Portland that will raise the hourly compensation to $19 within three years).

And rising health care premiums will continue to be a struggle for employers.

For companies that plan to grow, all of these factors will have to be managed.

More Information