June 28, 2021 EditionEdition

The Mainebiz roundup of businesses and businesspeople that have been making changes in recent weeks. Check out our compilation of new hires, promotions, accomplishments and more.

The southern Maine market manager of the Downeast-based bank has a background in municipal economic development, and says there are unique opportunities in each community. He says, "I bring the perspective of 'How can we get to yes?'"

Mainebiz talks with five families about what it takes to operate a successful business whose personnel and perspectives span generations. One owner says it's not about being a family-owned business, but a family that owns a business.

The 200,000-square-foot shopping center isn't like many others. There’s barely a national brand to be found among its two dozen tenants. And like the mall owners, many of the residents hanging their shingles are family businesses.

In Maine, family-owned firms make up 80% of all businesses. But for many of them, including Geiger, L.L.Bean, Hancock Lumber and Hussey Seating, the C-suite is now home to decision-makers without a family connection.

From downtown Brunswick to downtown Rockport, new projects are going up along the Maine coast. But there's been other work recently, too, including an aquaponics facility and a huge, canal-like structure at Portsmouth Naval Shipyard.

Nationwide, as noted in the focus intro on Page 15, family businesses turn out about two-thirds of...