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Bar Harbor Bank & Trust has hired Paul Berube as assistant vice president and branch relationship manager for its Bangor locations on Stillwater Avenue and Union Street.
The project is designed to help Maine's wild blueberry industry become more resilient to climate challenges, including rainfall and the increased risk of late-frost events.
The facility makes maritime shipping containers equipped with six-sided intrusion detection systems. Annually, the facility will have the capacity to produce 1,000 20-foot-equivalent containers.
The estate gift can be used in a wide variety ways to support UMaine athletics, and will also help the university move closer to meeting the match to leverage a $170 million grant from the Harold Alfond Foundation.
Husson University had two reasons to celebrate over the past week, when the Bangor school received its largest-ever individual donation and inaugurated its seventh president and first female CEO.
The White House cited Ferrini-Mundy’s leadership in advancing Maine’s workforce and economy, taking UMaine to a top-tier research classification and making extensive capital improvements.
The County Federal Credit Union has promoted Colleen Brennan, who brings over 25 years of experience in mortgage lending to the position.
Raymond Mayhew, who has 23 years of experience at the credit union, will lead all aspects of its tech operations.
Recipients demonstrated potential for long-term impact; campaigns that reach underrepresented, new and diverse communities of visitors; and improvement of Maine's tourism assets.
Brian Franks succeeds Kate Vickery as president and CEO of the Scarborough-based nonprofit, which grants wishes to children battling critical illness.
Maine's housing shortage is fueling the cost of buying a home. In March, Maine's median home price was $381,500, up 9% from a year ago, according to Maine Listings. In Cumberland County, including the Portland area, the median sales price was $565,000 last month.
Higher prices are also putting pressure on the rental market. Young people, singles and families new to Maine are looking to get rentals, but so are potential home buyers who can't find a home in their price range. Higher interest rates are also an issue.
As a place to rent, Maine ranks No. 13 in the U.S., with average monthly rents reaching $1,971, according to a new Ipsos iSay survey of American renters.
With so many people shut out of buying a home, we're curious what alternatives people are finding.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
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