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As part of the agreement, the buyer has pledged to invest $150 million in Central Maine Healthcare facilities over the next five years.
Reilly Kons is a Thomas College grad who was part of an entrepreneurship team at the Roux Institute in Portland.
Kennebec Savings Bank has promoted Nicolas Patenaude to senior vice president, chief financial officer and treasurer.
East Coast Cannabis will open a flagship store on Eliot’s so-called Green Mile, with plans to add a dispensary later this year.
A wave of new restaurants has opened in the past month, and more are expected in the new year. Here is a list of some to try this year.
Debbie Getchell, Kennebec Savings Bank’s senior vice president and chief financial officer, retired on Dec. 31 after a 41-year career in finance.
The Ticonic Bridge connecting Waterville and Winslow over the Kennebec River will be replaced in a $52.8 million project.
Big Lots has four stores in Maine: Auburn, Augusta, Brunswick and Farmington.
Two retailers with a Maine presence are going out of business.
Bar Harbor Bank & Trust has hired Eliberta Cummings as branch relationship manager at the South China branch.
Sponsored by Kennebunk Savings Bank
The days after Thanksgiving are the traditional start of the holiday shopping season. Many shoppers are already setting their sights on the whirlwind of holiday shopping — Black Friday, Small Business Saturday and Cyber Monday.
Major retailers like Walmart, Target, Amazon and Best Buy have already launched early deals, giving shoppers a head start on savings.
A record 186.9 million people plan to shop from midnight on Black Friday through Cyber Monday, according to a consumer survey by the National Retail Federation. The figure is up by more than 3 million total shoppers from last year's record.
The National Retail Federation forecast also calls for holiday spending to surpass $1 trillion for the first time, with sales predicted to grow between 3.7% and 4.2% from 2024.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn More
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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