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Greater Bangor
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Hampden-based credit union unveils leadership succession plan
Updated: December 4, 2020In a two-step transition announced this week, Maine Savings Federal Credit Union Chief Operating Officer Vanessa Madore will succeed John Reed as president and CEO by January 2023.
New president takes the helm at Versant Power
December 1, 2020A 30-year veteran of the utility industry is succeeding Mike Herrin, who had previously announced he would leave the company at the end of 2020.
Acquisition-minded Bangor engineering firm changes name after 42 years
Updated: November 30, 2020Taking its cue from a Massachusetts company it acquired this year, CES Inc. is changing its name to Haley Ward Inc. It also recently became an employee-owned firm.
Banking on women: Maine banks get more strategic about gender balance on their boards
Updated: November 30, 2020Increasingly, women hold board and senior executive positions at Maine financial institutions, which they say not only reflects diverse stakeholders but also makes good business sense. Some portions of the glass ceiling, however, remain intact.
Maine unemployment rate shows modest, but perhaps slowing, improvement
November 23, 2020The rate for October showed that more Mainers are returning to work, but the decline was less than in the two previous months. The state Labor Department again cautions that the rates don't fully reflect the numbers of people without work because of…
Trial lawyers leave Lewiston firm to start statewide practice
November 20, 2020Benjamin R. Gideon and Taylor A. Asen recently left Berman & Simmons to start their own statewide trial practice from New Gloucester, with plans to soon add locations in downtown Portland and Bangor.
Bangor Savings' acquisition of Damariscotta B&T gets final OK
November 12, 2020The deal, a year in the making, is expected to close by the end of this month. The combined company will have assets of $5.9 billion and more than 60 bank branches.
Offshore wind developer solicits Maine participation in supply chain
Updated: November 11, 2020The project is expected to produce more than $125 million in total economic activity and create hundreds of Maine-based jobs during the construction period.
UMaine steps up response as COVID-19 spreads among staff; other campuses close briefly
November 9, 2020The outbreak among facilities management staff at the Orono university had increased from five cases to 10 by Saturday. Wastewater testing and the report of another case prompted temporary closures Friday at UMaine System campuses in Gorham,…
UMaine, NASA will map carbon in forests, helping monitor their health, climate progress
Updated: November 8, 2020The monitoring could play a key role in Gov. Janet Mills’ plans for reducing carbon emissions, and may provide important information about the forest sector’s role in the ongoing efforts of the Maine Climate Council.
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