Chebeague Island

The privately financed transaction was between two existing partners. The final step will bring on a long-time employee as part of the ownership and management team.

With nearly 30 years in the Navy, the new general manager’s experience includes mission support, and workforce and technology management, most recently with Worldwide Counter Threat Solutions.

A roundup of news from around the hospitality industry, including the sale of a special-events island, workforce solutions and a drive-in theater that's on the move.

The 86-acre island family compound was on the market for 48 days, considered a relatively quick sale at $7 million. The seller is the estate of a Portland developer. The buyer is a California financial industry executive and motivational speaker.

From Machias to Cape Elizabeth, six small businesses have been holding their own during the past year, the owners tell Mainebiz. Some are doing even better than that.

The program aims to offset impacts to natural resources at one site by funding protection of similar resources at another site, using in-lieu fees paid by permit applicants. Since 2008, over 130 projects have been funded.

Slow Bell Cafe's owner, who is also a front-line health care provider, set up a GoFundMe campaign to keep the eatery open.

Four rural school districts, a community health organization and the Rockland-based Island Institute have received more than...