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Midcoast
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Camden National parent reports Q1 earnings uptick, but decrease from a year ago
April 26, 2022The bank holding company reported that net income rose 2% from the last quarter of 2021. The year-over-year decline was expected, CEO Gregory Dufour said.
On Earth Day, Mills announces $2.5M in local grants to fight climate change
April 22, 2022The grants go to all 16 counties and represent a broad cross-section of projects, such as protecting historic downtowns from rising sea levels, addressing public health risks from rising temperatures, and installing electric vehicle chargers and…
$13M investment will fund over two dozen solar-home builds in Wiscasset, with more to come
April 21, 2022The developer and investor see plenty of opportunity along Maine’s midcoast, with housing shortages and rising prices in southern Maine. GenX Capital Partners and its investors are looking to deploy as much as $50 million in the region.
First National Bank parent posts 8.8% jump in Q1 earnings
April 21, 2022Loan growth at the Damariscotta-based parent company of First National Bank was mainly in commercial real estate and construction, as the bank wound down two pandemic-related loan programs.
Maine Water Co. rate increase OK’d by regulators
April 15, 2022The Maine Water Co. will increase rates to offset a $60 million investment in a new drinking water treatment facility, replacing a plant built in 1884.
On the Record: Hüga Heat founders seek a warm, comfortable seat at the table
Updated: April 18, 2022Southport-based entrepreneurs Jocelyn Olsen and Colin Greig have big plans for Hüga Heat, a maker of battery-powered heated seat cushions for outdoor use.
Dining dilemmas: Restaurants have seen labor and supply shortages and learned to strategize
Updated: April 18, 2022The pandemic crippled the industry in 2020. The crisis eased in 2021, but restaurants continued to face challenges that included workforce shortages and supply chain issues. The businesses are responding with shorter hours, revised menus and new…
In wake of BIW president's exit, watchdog criticizes Navy oversight of shipyards
April 13, 2022The federal Government Accountability Office on Tuesday issued a report criticizing the Navy's oversight of private shipbuilders including Bath Iron Works. The report comes just days after the president of the yard abruptly resigned.
ERA Dawson-Bradford acquires Rockland real estate agency
April 11, 2022With over 75 agents at offices in Bangor and Orono, the Bangor firm will bring on six more in Rockland, where average sale prices increased 42% in the past year.
Job fair in Belfast aims to help workers after devastating potato factory fire
April 8, 2022Dozens of employers will join a job fair in Belfast to help the 138 employees displaced by the fire in March at the Penobscot McCrum potato processing factory.
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