Damariscotta

Mergers and acquisitions

Boothbay Harbor insurance agency acquires Damariscotta peer

J. Edward Knight Insurance dates back to 1898 and David Chapman Insurance Agency to 1937. Chapman was a farmer who began offering insurance to supplement his farm income.
Food production

🔒5 Maine companies named finalists in 2026 Good Food Awards

The Maine companies were honored across four categories: beer, chocolate, coffee and condiments. 
Aging population

US News lists five Maine senior living centers among best

U.S. News & World Report evaluated some 15,000 nursing homes nationwide, assessing both short-term and long-term care models.
Cannabis

Maine issues cannabis recall for adult-use vape cartridges

The recalled products are Yani adult-use vape cartridges of the strain Watermelon Chimera, the Maine Office of Cannabis Policy said.
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Banking & Finance

First National Bank promotes 2 employees to executive roles

First National Bank has promoted Jody Brown to executive vice president and chief risk officer and Marcia Benner to executive vice president and chief administrative officer.
Banking & Finance

🔒With apps and online banking, what’s the role of the local bank branch?

Mainebiz spoke with Maine leaders about today’s banking environment, customer preferences and bank strategy. Here’s what they had to say.
Banking & Finance

First National Bank parent reports Q3 earnings up slightly from a year ago

Damariscotta-based First Bancorp reported third-quarter earnings of $7.6 million, up slightly from $7.5 million a year ago.
Downtown revitalization

Downtown Damariscotta centerpiece sells to tenant for $1.45M

The 8,238-square-foot Damariscotta Center building — near shops, art galleries and cafes — has 12 units and 100% occupancy.
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Banking & Finance

Bath Savings names vice president, trust officer

Bath Savings Trust Co. has hired Jim Goodbody as vice president and trust officer.
Business expansion

HVAC business expansion to Northport reflects growing demand for technicians

Mid-Coast Energy Systems’ expansion into Northport reflects electrification growth trends, as the firm received phone calls from the area for installations and servicing.
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