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April 21, 2025Edition

Newsworthy people and performances for April 21, 2025

A roundup of new hires, promotions and achievement at businesses, nonprofits, health care institutions and professional services firms in Maine.

On the Record: Thomas College president on guard against potentially ‘devastating’ federal funding cuts

Jeannine Diddle Uzzi was recently inaugurated as the sixth president of Thomas College in Waterville.

The Madison money trail: How TimberHP got into financial trouble — and how it aims to reset

Currently operating with 54 employees, the insulation manufacturer is seeking to lessen its debt via a voluntary, pre-negotiated Chapter 11 reorganization plan filed in U.S. Bankruptcy Court in Delaware.

How to choose the right benefits carrier

Today’s business environment is flooded with data, and the ability to harness, clarify and analyze data is crucial for making informed decisions, writes guest columnist Chris Pyne of Unum.
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Maine banks ‘bank’ on New Hampshire’s market opportunities and a similar culture

A number of Maine-based banks have been expanding into New Hampshire in recent years. The goal is to broaden markets and serve existing New Hampshire customers, while remaining close to the Maine base.

Ask ACE: What can my company do now to prepare for taxes next year?

Tax season should not be the only time you think about your tax strategy. The best planning happens outside of crunch time.

Made in Maine: Gathering around a fire is the aim of a Gorham manufacturer

While Jøtul USA Inc. started out as an importer of Norwegian woodstoves, today the stoves are built entirely in Gorham, where the company has 75 employees (of which 45 are on the manufacturing side).

Editor’s note: Maine banks look to Granite State for growth

New Hampshire has seen continued growth, and Maine bankers are seeing opportunities.
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