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Camden National reports 27% earnings increase year-to-date
October 26, 2021Camden National Bank reported net income of $52.5 million for the nine months ended Sept. 30, an increase of 27% compared to the same period in 2020. But Q3 net income was down compared with Q3 2020.
BIW faces potential loss of workers as vaccine deadline looms
October 26, 2021Due to a federal mandate, Bath Iron Works faces the potential loss of workers who refuse to get COVID-19 vaccinations.
Financial institutions branching out to Ellsworth, Brewer
October 25, 2021Bangor Federal Credit Union and First National Bank are both adding to their physical footprints with new branches.
Two Maine banks see earnings rise in Q3, though economy's track poses concerns
October 21, 2021The parent of Katahdin Trust Co. said third-quarter earnings rose, even as it expressed concern about the industry's potential headwinds. The First Bancorp posted a 27% increase in earnings.
Real estate across Maine is at risk of being flooded out, and new study pinpoints where
October 14, 2021A property-by-property report shows which Maine towns, cities and counties face the highest risk of serious flooding. Some are far from the Maine coastline.
Maine boatbuilding firm tackles restoration of New Jersey's tall ship
October 14, 2021The $850,000, nine-month project will restore the 93-year-old schooner that’s New Jersey’s official tall ship. The two-man firm hired three additional shipwrights and an apprentice.
Two of Maine's coastal tourism hotspots look beyond the pandemic
Updated: October 18, 2021In the summer of 2020, Mainebiz talked to hospitality leaders about the early impact of the pandemic on their businesses. We checked back to see how this summer season went.
The Jackson Laboratory ramps up recruiting for research jobs
Updated: October 18, 2021The biomedical research institute, which produces specialized mice for use in scientific investigations worldwide, is on the front lines of battling the pandemic. Now JAX needs more personnel to help with the fight.
The Damariscotta region is rich in all things oyster
Updated: October 18, 2021Can the Maine midcoast be to oysters what California's Napa Valley is to wine? Oysters have long been harvested along the Damariscotta River, and the industry is spreading. Maine produced 10 million oysters last year.
Harbor horizons: New waterfront investment seeks to enhance Camden’s power of attraction
Updated: October 18, 2021A 2020 fire severely damaged Lyman-Morse's facility on Camden Harbor, but the boatbuilder is rebuilding there. The president of the Thomaston-based company views the project as a way to serve both the customer base and the community.
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